| Formatted contents note |
Part-I: Introduction: <br/>1. The Economic Problem: Scarcity and Choice, <br/>2. The Scope of Economics, <br/>3. The Methodology of Economics, <br/>4. Free Market Economy and other Economic Systems, <br/>Part-II: Demand, Supply and Market Equilibrium: <br/>5. Demand, Supply and Competitive Market Equilibrium, <br/>6. Applications of Demand and Supply Analysis, <br/>7. Elasticities of Demand and Supply, <br/>8. Applications of Elasticities of Demand and Supply, <br/>Part- III: Theory of Consumer's Behaviour: <br/>9. Consumer's Behaviour: Marshall's Cardinal Utility Analysis, <br/>10. Consumer Surplus, <br/>11. Indifference Curve Analysis of Demand, <br/>12. Cardinal Utility Analysis vs Indifference Curve Analysis, <br/>13. Applications and Uses of Indifference Curves, <br/>14. Labour Supply<br/>and Saving Decisions, <br/>Part-IV: Theory of Production and Cost: <br/>15. Production Process and Profit-Maximising Behaviour of Firms, <br/>16. Factors of Production, <br/>17. The Theory of Production: Returns to a Variable Factor, <br/>18. Production Function with two Variable Factors, <br/>19. Least Cost Factor Combination: Technological Choice, <br/>20. Cost of Production and Cost Curves: Short Run and Long Run, <br/>Part-V: Theory of Firm and Pricing in Perfect Competition: <br/>21. Market Structures and Concepts of Revenue, <br/>22. Objectives of the Firm - A General Analysis, <br/>23. Equilibrium of the Firm under Perfect Competition, <br/>24. Equilibrium of the Industry and Long-Run Supply Curve under Perfect Competition, <br/>25. Economic Efficiency of Perfect Competition, <br/>Part-VI: Price and Output under Monopoly and Imperfect Competition: <br/>26. Price and Output under Monopoly, <br/>27. Price Discrimination, <br/>28. Drawbacks and Remedies for Monopoly, <br/>29. Price and Output under Monopolistic Competition, <br/>30. Price and Output under Oligopoly, <br/>31. Classical Models of Oligopoly: Cournot and Bertrand's Models, <br/>32. Theory of Games and Strategic Behaviour, <br/>33. Full-Cost or Mark-Up Pricing and Sales Maximisation Models, <br/>34. Market Failures and its Sources, <br/>35. Externalities and Market Failure, <br/>36. Public Goods and Market Failure, <br/>37. Imperfect Information Problem, <br/>38. Social Choice, Role of Government and its Inefficiency, <br/>Part-VII: Theory of Distribution: <br/>39. Pricing of Factors (Inputs) and Distribution of Income: A General View, <br/>40. Labour Market: Determination of Wages, <br/>41. Land Market and the Theory of Rent, <br/>42. Alternative Theories of Interest, <br/>43. Theory of Profits, <br/>Part-VIII: International Trade: <br/>44. International Trade: Absolute Advantage Theory and Comparative Cost Theory,<br/>45. Heckscher-Ohlin Theory of International Trade and Terms of Trade, <br/>46. Trade Barriers and Free Trade Versus Protection, <br/>Part-IX: Welfare Economics and Economic Efficiency: <br/>47. Welfare Economics and Role of Value Judgements, <br/>48. Pareto Criterion and Economic Efficiency: General Equilibrium Approach, <br/>49. Kaldors Hicks' Welfare Criterion: Compensation Principle, <br/>50. Social Welfare Function |
