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An excellent book for commerce students appearing in competitive, professional and other examinations. 1. The Definition of Economics, 2. Scope of Economics & its Nature, 3. Methods of Study of Economics, 4. Some Important Economic Postulates, 5. Micro and Macro Economics, 6. Economic Statics and Dynamics, 7. Economic Laws and their Nature, 8 . Economic Systems and their Features, 9. Demand & Supply : Basic Framework, 10. Utility & Marginal Utility Analysis, 11. Indifference Curve & Consumer's Equilibrium, 12. Income Effect, Substitution Effect & Price Effect, Uses of Indifference Curve, Superiority of Indifference Curve, 13.Consumer's Surplus, 14. Elasticity of Demand & its Measurement, 15. Production & Factors of Production, 16. Production Function, 17. Law of Return, Law of Variable Proportion, 18. Iso-Product Curve & its Characteristics, 19. Production Decision : Optimum Cost Combination, 20. Returns to Scale, 21. Cost : Concept and Various Concepts, 22. Market : Concept and Types, 23. Concept of Revenue, 24. Equilibrium of Firm : Concept and Conditions, 25. Perfect Competition, Price Determination & Equilibrium of Firm in Perfect Competition, 26. Monopoly and Price Discrimination, 27. Monopolistic Competition, 28. National Income : Definition, Features and Concepts, 29. Theories of Distribution, 30. Rent, 31. Wages, 32. Interest, 33. Profit.