UNIT - I Micro Economics

1. Definitions, Nature and Scope of Economics 2. Relation of Economics with other Social Sciences 3. Methods of Economic Analysis—Inductive & Deductive 4. Basic Concepts of Micro Economics 5. Utility, Marginal Utility and Total Utility, Law of Diminishing Marginal Utility and Law of Equi-Marginal Utility 6. Consumer’s Surplus 7. Indifference Curve : Characteristics and Consumer’s Equilibrium Ordinal Utility Analysis 8. Revealed Preference Theory 9. Law of Demand and its Exceptions, Giffin Goods 10. Elasticity of Demand : Price, Income and Cross Elasticity 11. Law of Supply 12 .Elasticity of Supply 13. Production Function 14. Production : Law of Production and Law of Variable Proportions 15. Returns to Scale and Economies of Scale 16. ISO-Production Curve : Meaning, Characteristics and Producer’s Equilibrium 17. Concepts of Cost and Revenue : Total marginal and Average 18. Market : Meaning and Types 19. Perfect Competition—Meaning, Characteristics and Price Deter-mination 20. Price Determination Under Monopoly 21. Price Determination Under Monopolistic Competition 22. Theories of Distribution 23. Rent 24. Wages 25. Interest 26. Profit 27. Welfare Economics : A General Introduction

UNIT - II Indian Economy

1. Indian Economy : Nature, Structure and Features 2. Trends and Sectoral Composition of National Income 3. Natural Resources Endowments : Land, Water, Forest and Mineral 4. India’s Demographic Features (Problems and Causes of Over-Population and Population Policy) 5. Indian Agriculture : Nature, Importance, Land-Use Pattern, Production and Productivity 6. Green Revolution 7. Agricultural (Rural) Credit and Insurance 8. Agricultural Marketing 9. New Technology in Agriculture 10. Role of Public & Private Sector in Industries Develop-ment After Independence 11. New Industrial Policy, 1991 12. Small and Cottage Industries : Problems and Possibi-lities 13. Start-up India, Make-in-India and Aatma Nirbhar Bharat 14. Infrastructure for Indian Economy : Power, Transporta-tion and Communication 15. India’s Foreign Trade—Importance, Composition and Direction 16. Role of Foreign Direct Investment and Multinational Corporations 17. Disinvestment in India, 18. Indian Planning : Objectives, Strategy, Achievement, Failure and NITI Ayog 19. Indian Economic Problems : Poverty and Unemployment 20. Indian Economic Problems : Regional Inequality.