1. Introduction to Managerial (Business) Economics : Nature, Scope and Importance 2. Business Economics and Business Decision-Making 3. Basic Concepts : Scarcity, Opportunity Cost, Margin and  Trade Offs 4. Micro and Macro Economics 5. Price System as an Economic Mechanism or Price Mechanism6. Demand and Supply Analysis 7. Market Equilibrium 8. Elasticity of Demand and its Applications 9. Consumer’s Surplus and Producer’s Surplus 10. Interference with Price Mechanism 11. Production Function and Laws of Variable
Proportions 12. Production Iso-quants Curve, Production Optimization and Expansion Path 13. Returns to Scale 14. Theory of Production Costs and Learning Curve 15. The Concept of Revenue 16. Economies of Scale and Economies of Scope 17. Cost Reduction Strategies 18. Goal of the Firm 19. Perfect Competition : Concept, Characteristics and Price Determination 20. Equilibrium of Firm and Industry under Perfect Competition 21. Monopoly and Price Discrimination 22. Monopolistic Competition 23. Oligopoly and Duopoly 24. Theories of Distribution 25. Rent 26. Interest 27. Profit 28. Economic Systems : Capitalism, Socialism and Mixed Economy.