Economics Topics

 Nature and Definitions of Economics

  1.  Introduction
  2.  Evolution of Economics
  3.  What is Economics
  4.  Scope of Economics
  5.  Managerial Economics
  6.  Definition of Economics

   
Nature of Economics Problems

 Production Possibility Curve

  • Production Possibilities
  • Production Possibility Curve
  • Economic Growth and Production Possibility Curve

Economic Laws

  • Law
  • Economic Laws
  • Difference between the Economic Laws and Natural Laws
  • Types of Economic Laws

 

SCIENCE, ENGINEERING, TECHNOLOGY AND ECONOMIC DEVELOPMENT

  • Introduction
  • What is Science?
  • Science in Economic Development
  • Engineering
  • Technology
  • Conclusion


BASIC CONCEPTS OF ECONOMICS

  • Introduction to Basic Economics
  • Microeconomics
  • Macroeconomics
  • Economic Growth
  • Difference between Microeconomics and Macroeconomics
  • Equilibrium

                                                                                       

 UTILITY ANALYSIS

  • Utility
  • Cardinal and Ordinal Utility
  • Concepts of Utility
  • Utility Analysis
  • Consumer’s Surplus
  • Criticisms of Utility Analysis

                                                                                         

DEMAND AND LAW OF DEMAND

  • Demand
  • Law of Demand
  • Demand Curve Sloping Downwards
  • Determinants of Demand or Demand Functions
  • Factors that Influence Demand
  • Inter-related Demand

                                                      

ELASTICITY OF DEMAND

  • Elasticity
  • Elasticity of Demand
  • Price Elasticity of Demand
  • Income Elasticity of Demand
  • Cross Price Elasticity of Demand
  • Importance of Elasticity for a Business
  • Applications of Elasticity of Demand
  • When does Raising your Price Bring in More Money?

                                                                

 DEMAND FORECASTING

  • Introduction
  • Demand Forecasting
  • Methods of Demand Forecasting
  • Ethics of Forecasting
  • Importance of Demand Forecasting
  • Areas of Demand Forecasting
  • Demand Forecasting in Retail                                                                                                    

                                                             

PRODUCTION

 

  • Introduction
  • Factors of Production
  • Factors Affecting Production
  • Methods of Production
  • Application and Importance of Production

                                                                

FACTORS OF PRODUCTION

  • Introduction
  • Land
  • Labour
  • Division of Labour
  • Capital
  • Entrepreneur

 

LAWS OF PRODUCTION

 

  • Introduction
  • Production Function
  • Laws of Production
  • Returns to Scale
  • Economies of Scale
  • Diseconomies of Scale

 

CONCEPTS OF COST

  • Introduction
  • Concepts of Cost
  • Cost Functions
  • Theories of Costs
  • Relation between Average Cost and Marginal Cost
  • Long-run Costs
  • Short-run and Long-run Costs

 

REVENUE ANALYSIS

  • Introduction
  • Concepts of Revenue
  • Revenue Analysis
  • Break-even Analysis
  • Index Number
  • National Income
  • Trade Cycle

 

MAR.KET AND TYPES OF MAR.KET

  • Introduction
  • Meaning of Market
  • Types of Markets
  • Monopoly and Perfect Competition
  • Oligopoly and Monopolistic Competition
  • Oligopoly and Monopoly

 

 SUPPLY AND LAW OF SUPPLY

  • Meaning of Supply
  • Law of Supply
  • Determinants of Supply or Supply Function
  • Increases in Supply and Decrease in Supply or Shift in Supply Curve
  • Elasticity of Supply
  • Applications of Price Elasticity of Demand and Supply

 

ROLE OF DEMAND AND SUPPLY IN PRICE DETERMINATION

  • Introduction
  • Equilibrium Price
  • Role of Time in the Determination of Price
  • Equilibrium of Demand and Supply
  • Shifts in Demand and Supply
  • Time Periods and Price Fixation
  • Effects of Change in Demand on Price
  • Effects of Change in Supply on Price

 

NATURE OF INDIAN ECONOMY

  • Introduction
  • Features of Indian Economy
  • Meaning of Mixed Economy
  • Economic Policy of India
  • Business Environment in India
  • Growth of Indian Economy

 

PRIVATIZATION

  • Introduction
  • Meaning of Privatization

 

GLOBALIZATION

  • Introduction
  • Meaning of Globalization
  • Impacts on India
  • Measurement of Globalization
  • Results of Globalization
  • Effects of Globalization on Indian Industries
  • Conclusion

 

 VALUE ADDED TAX (VAT) AND TRIPS

  • Meaning of VAT
  • Trade-related Intellectual Property Rights (TRIPs)

 

 GATI AND WTO

  • Introduction
  • World Trade Organization (WTO)

 

 CASE STUDIES

Case Study 1: The Basic Economic Problem

Case Study 2: The Production Possibility Curve Game

Case Study 3: Bajaj Auto Rules out Job Cuts amid Slower Demand

Case Study 4: Vietnam Communication Link

Case Study 5: Mobile Operators

Case Study 6: Maruti Udyog Limited

Case Study 7: BAJAJ AUTO