According to the National Education Policy-2020 New Syllabus.

1. Problems of Scarcity and Choice 2. Economic Systems 3 .Demand & Supply : Basic Framework 4. Market : Concept and Types 5. Applications of Demand and Supply Curves 6. Consumer’s Surplus 7. Price Elasticity of Demand & Its Measurement 8. Utility & Marginal Utility Analysis (Cardinal Utility Analysis) 9. Indifference Curve & Consumer’s Equilibrium (Ordinal Utility Analysis) 10. Production Process and the Behaviour of Profit Maximizing Firms 11. Production Function 12. Law of Return (Law of Variable Proportion) 13. ISO-Product Curve & its Characteristics 14. Cost : Concept and Various Concepts 15. Perfect Competition (Price Determination & Equilibrium of Firm in Perfect Competition) 16. Monopolistic Competition 17. Oligopoly 18. Game Theory 19. Price Determination in Impact Competition 20.Monopoly and Price Discrimination21. Theories of International Trade (Absolute and Comparative Advantage) 22. Free Trade and Protection.