1. Definitions, Scope, Subject-Matter and Nature of Economics 2. Central Economic Problems : Production Possibility Curve 3. Cardinal Utility Analysis : Marginal Utility, Total Utility, Law of Diminishing Marginal Utility and Law of Equimarginal Utility (Consumer’s Equilibrium) 4. Ordinal Utility Analysis : Indiference Curve Analysis 5. Individual and Market Demand and Supply 6. Law of Demand and Supply 7. Money : Meaning, Definition and Functions 8. Role of Money : Capitalistic, Socialistic and Mixed Economies 9. Quantity Theory of Money (Cash Transaction Approach and Cash Balance Approach) 10. Inflation : Definition, Types, Causes, Effects and Measures to Control Inflation 11. Central Bank : Objectives, Functions, Credit Contro (Quantitative and Qualitative) and Limitations 12. Commercial Banking : Meaning, Types and Functions 13. Basic Features of Indian Economy 14. Nature Resources of India : Land, Water, forest and Minerals 15. Indian Economy : Growth Rate, Gross Domestic Product and Per Capita Income 16. Demographic Features of Indian Economy.