1. Micro Economics : Definition, Nature and Scope 2. Concept and Type of Equilibrium 3. Static and Dynamic 4. Theory of Demand 5. Utility Analysis (Cardinal Utility Analysis) 6. Indifference Curve Analysis (Ordinal Utility Analysis : Consumer’s Equilibrium) Income, Price & Substitution Effects (Hicks & Slutsky) Giffin Goods Compensatory Demand and Engels Curve 7. Price Elasticity of Demand 8. Consumer’s Surplus 9. Production Function and Law of Variable Proportion 10. ISO-Product or Equi-Product Curve : Marginal Rate of Technical Substitution, Production Decision and Expansion Path 11. Returns to Scale 12. Theory of Costs 13. Market Structure 14. Equilibrium of Firm 15. Perfect Competition 16. Price Discrimination Under Monopoly 17. Monopolistic Competition : Price Determination 18. Marginal Productivity theory of Distribution 19. Modern Theories of Wages 20. Rent 21. Interest 22. Profit.