1. Business Economics : Nature, Scope and Business Decision Making 2. Problems of an Economy 3. Theory of Demand and Supply 4. Elasticity of Demand 5. Demand Forcasting 6. Cardinal Utility Approach : Laws of Diminising Marginal Utility 7. Consumer Behaviour : Ordinal Utility Approach : Indifference Curves Analysis 8. Consumer’s Surplus 9. Revealed Preference Theory 10. The Production Function and Law of Variable Propor-tions 11. Production ISO-Quants Curve, Production Optimization and Expansion Path 12. Returns to Scale 13. Theory of Production Costs 14. Economies and Diseconomies of Scale.