1. Definitions, Nature and Scope of Economics 2. Methods of Economic Analysis 3. Basic Concept of Micro Economics 4. Law of Demand and Its Exceptions, Giffin Goods 5. Elasticity of Demand : Price, Income and Cross Elasticity 6. Law of Supply 7. Law of Diminishing Marginal Utility and Law of Equi-Marginal Utility  (Cardinal Utility Analysis) 8. Indifference Curves : Characteristics and Consumer’s Equili-brium (Ordinal Utility Analysis) 9. Consumer’s Surplus 10. Production : Laws of Production and Law of Variable Proportions 11. Returns to Scale and Economics of Scale 12. ISO-Production Curve : Characteristics and Producer’s Equilibrium 13. Concepts of Cost and Revenue : Total Marginal and Average 14. Market : Meaning and Types 15. Demand and Supply Equilibrium 16. Price Determination Under Perfect Competition 17. Price Determination Under Monopoly 18. Price Determination Under Monopolistic Competition 19. Factor Pricing : Marginal Productivity Theory, Modern Theory and Adding-up Theorem 20. Wages 21. Interest 22. Profit 23. Rent 24. Welfare Economics : A General Introduction.