Contents: Micro Economics 1. Micro Economics: Definitions, Meaning, 1. Importance and Limitations, 2. Inductive and Deductive Methods Deductive Method, Merits of 3. Law of Demand, 4. Elasticity of Demand and Its Measurement, 5. Production Function and Internal and External Economics, 6. Production and Factors of Production, 7. Cost Analysis, 8. Revenue Analysis, 9. Market Structure : Concept, Definitions, Characteristics and Classification 10. Perfect Competition (Price Determination and Equilibrium of Firm in Perfect Competition), 11. Price Determination in Imperfect Competition12. Marginal Productivity Theories of Distribution Macro EconomicsNature and Scope of Macro Economics 2. Concept of National Income 3. Wages 4. Interest 5. The Classical Theory of Employment 6. Theory of Keynesian Employment 7. Quantity Theory of Money and Keyne’s Theory of Money and Price 8. Modern Theory of Money 9. Recent Industrial Policy 10. Industrial Growth in Phase II and Phase III 11. Disinvestment 12. Foreign Direct Investment