1. Utility Analysis (Cardinal Utility Analysis), 2. Indifference Curve Analysis (Ordinal Utility Analysis), 3. Consumer’s Surplus, 4. Elasticity of Demand (Price Elasticity of Demand, Cross Elasticity of Demand and Income elasticity of Demand), 5. Production Function and Law of Variable Proportion, 6. ISO-Product or Equi-Product Curve : Production Decision and Expension Path, 7. Returns of Scale, 8. Economies of Scale, 9. Theory of Costs, 10. Concept of Revenue, 11. Features of Perfect Market and Equilibrium of Firm and Industry, 12. Imperfect and Monopolistic Competition : Price, Output Determination and Importance of Selling Costs, 13. Derivation of Supply Curve Under Perfect Competition, 14. Monopoly : Price and Output Determination, 15. Oligopoly, Kinked Demand Curve Theory, 16. Marginal Productivity Theory of Distribution, 17. Adding up Theorem (or Euler’s Theorem), 18. Theories of Wage Determination and Relationship between Collective Bargaining and Wages, 19. Ricardo and Modern Theory of Rent, 20. Interest : Classical and Keynesion Theory, 21. Profit : Innovation, Risk and Uncertainty Theories, 22. Welfare Economics : Concept of Welfare, Value Judgement and Problems in Measuring Welfare, 23. Classical Welfare Economics : Pigou’s and Pareto’s Theories, 24. Compensation Principles and Social Functions.