1. Definition and Scope of Economics 2. Micro and Macro Economics 3. Methods of Economics 4. Economic Laws 5. Significance of Economics 6. Basic Problem of an Economy Or Economic Problem 7. Price-Mechanism
1. Demand Analysis 2. Elasticity of Demand 3. Production Function : Laws of Production 4. Returns to Scale 5. Isoquant or Equal Product Curve and Elasticity of Substitution 6. Scale of Production-Economies of Scale 7. The Concept of Revenue 8. Theory of Costs 9. Market and its Classification 10. Price Determination under Perfect Competition 11. Equilibrium of Firm under Perfect Competition 12. Monopoly, Discriminating Monopoly and Monopoly Control 13. Monopolistic (Imperfect) Competition 14. Oligopoly 15. Theories of Distribution 16. Rent 17. Wages 18. Interest 19. Profit 20. Factors of Production-Land, Labour, Capital, Organization (Enterprises) 21. Theories of Population