1. Utility Analysis (Cardinal Utility Analysis) 2. Indifference Curve Analysis (Ordinal Utility Analysis) 3. Consumer’s Surplus 4. Elasticity of Demand (Price Elasticity of Demand, Cross Elasticity of Demand and Income elasticity of Demand) 5. Production Function and Law of Variable Proportion 6. ISO-Product or Equi-Product Curve : Production Decision and Expension Path 7. Returns of Scale 8. Economies of Scale 9. Theory of Costs 10. Concept of Revenue 11. Features of Perfect Market and Equilibrium of Firm and Industry 12. Imperfect and Monopolistic Competition : Price, Output Determination and Importance of Selling Costs 13. Derivation of Supply Curve Under Perfect Competition 14. Monopoly : Price and Output Determination 15. Oligopoly, Kinked Demand Curve Theory 16. Marginal Productivity Theory of Distribution 17. Adding up Theorem (or Euler’s Theorem) 18. Theories of Wage Determination and Relationship between Collective Bargaining and Wages 19. Ricardo and Modern Theory of Rent 20. Interest : Classical and Keynesion Theory 21. Profit : Innovation, Risk and Uncertainty Theories 22. Welfare Economics : Concept of Welfare, Value Judgement and Problems in Measuring Welfare 23. Classical Welfare Economics : Pigou’s and Pareto’s Theories 24. Compensation Principles and Social Functions.