The contents of book are as given below
Unit 1: Concepts of Economics
- 1.1 Meaning And Scope Of Economics
- 1.2 Methods Of Studying Economic Principles
- 1.3 Resource Allocation
- 1.4 Economic Systems
- 1.5 Decision-Making Units And Circular Flows Of Economic Units
Unit 2: Demand, Supply and Elasticity
- 2.1 Theory Of Demand
- 2.2 Theory Of Supply
- 2.3 Market Equilibrium
- 2.4 Elasticity Of Demand And Supply
- 2.5 Elasticity Of Supply
Unit 3: Theory of Consumer Behavior
- 3.1 The Concept Of Utility
- 3.2 The Cardinal Utility Theory
- 3.3 The Ordinal Utility Theory: Indifference Curve Approach
Unit 4: Theory of Production and Cost
- 4.1 Theory Of Production
- 4.2 Theory Of Cost
- 4.3 Relationship Between Production And Cost
Unit 5: Market Structures and The Decision of a Firm
- 5.1 Perfectly Competitive Market
- 5.2 Pure Monopoly
- 5.3 Monopolistically Competitive Market
- 5.4 Oligopoly Market
Unit 6: The Fundamental Concerns of Macroeconomics
- 6.1 Concerns Of Macroeconomics
- 6.2 Problems Of Macroeconomics
Unit 7: National Income Account
- 7.1 GDP (Gross Domestic Product) Definition And Its Measurement
- 7.2 GDP (Gross Domestic Product) Definition And Its Measurement
- 7.3 Other National Income Account
- 7.4 GDP And Income Distribution
Unit 8: Consumption, Saving and Investment
- 8.1 Consumption
- 8.2 Saving
- 8.3 Relationship Between Consumption And Saving
- 8.4 Investment
Unit 9: International Trade and Balance of Payments
- 9.1 International Trade
- 9.2 Balance Of Payments
- 9.3 Foreign Exchange Rates
Unit 10: Macroeconomic Policy Instruments
- 10.1 Determination Of Levels Of Output, Prices And Employment
- 10.2 Macroeconomic Policies