1. The Definitions of Economics 2. Scope, Nature and Subject Matter of Economics 3. Methods of Economics 4. Problem of Scarcity and Choice and Central Problem of Economy 5. Demand and Supply : Basic Framework 6. Individual and Market Demand and Supply 7. Elasticity of Demand 8. Elasticity of Supply 9. Consumer Surplus 10. Utility and Marginal Utility Analysis (Cardinal Utility Analysis) 11. Indifference Curve and Consumer’s Equilibrium (Ordinal Utility Analysis-I).
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