• Demand and Law of Demand
• Elasticity of Demand
• Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis
• Supply - Law of Supply and Price Elasticity of Supply
• Market Mechanism: Equilibrium Price and Quantity in a Competitive Market
• Law of Returns - Returns to a Factor and Returns to Scale
• Cost and Revenue Analysis
• Forms of Market
• Producer's Equilibrium
• Determination of Equilibrium
• Determination of Equilibrium Price and Output Under Perfect Competition

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• Theory of Income and Employment
• Money: Meaning and Functions
• Banks: Commercial Bank and Central Bank
• Balance of Payments and Exchange Rate
• Fiscal Policy
• Government Budget
• National Income and Circular FLow of Income
• National Income Aggregates
• Methods of Measuring National Income

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