Contents : Advanced Economic Theory (Micro & Macro Economics)

Advanced Economic Theory (Micro & Macro Economics)
	Part One :
	» Basic Concepts » The Scope and Nature of Economics » The Methodological Issues in Economics » Economic Models » Micro and Macro economics » Economic Statics and Dynamics » The Concept of Equilibrium » The Role of Price Mechanism

	Part Two :
	» Demand Theory » The Neo-Classical Demand Analysis » The Indifference Curve Theory » The Modern Utility Analysis of Choices Involving Risk or Uncertainty » The Revealed Preference Theory of Demand » Hicks’s Revision of Demand Theory : Demand Theory of Logical Ordering » Bandwagon, Snob and Veblen Effects in Demand Theory » The Elasticity of Demand » The Concept of Consumer’s Surplus » Recent Development in Demand Theory

	Part Three :
	» Production Theory » Production Function : The Traditional Approach » Production Function : The Isoquant-Isocost Approach » Technical Progress and Production Function

	Part Four :
	» Product Pricing » The Nature of Costs and Elasticity of Costs » The Concept of Revenue » The Supply Curve under Different Market Conditions » Equilibrium of the Firm and Industry under Perfect Competition » Pricing under Perfect Competition » Independent Prices » Monopoly » Monopsony and Bilateral Monopoly » Monopolistic Competition » Duopoly and Oligopoly » Limit Pricing Theories » Profit Maximisation and Full-Cost Pricing Theories » Behavioural and Managerial Theories of the Firm » A Pricing of Public Undertakings » Game Theory and Price Determination » Input-Output Analysis » Linear Programming

	Part Five :
	» Factor Pricing » Macro-Theories of Distribution » Euler’s Theorem : The Adding up Problem » Factor Pricing under Different Market Conditions » Rent » Wages » Interest » Profits

	Part Six :
	» Welfare Economics » General Equilibrium Theory » Nature of Welfare Economics » Pigovian Welfare Economics and Externalities » New Welfare Economics » Maximisation of Social Welfare » Marginal Conditions of Paretian Optimum » Pareto Optimality and Perfect Competition » Economics of Risk and Uncertainty » Theories of Search, Asymmetric Information and Efficient Markets

	Part Seven :
	» Macro-economic Theory » National Income : Concepts and Measurement » National Economic Accounting » The Classical Theory of Income, Output and Employment » Say’s Law of Markets » The Principle of Effective Demand: Aggregate Demand and Aggregate Supply » The Consumption Function » The Investment Function » Saving and Investment Equality » The Concept of Multiplier » The Keynesian Theory of Income, Output and Employment: A Summary » Balanced Budget Multiplier and Foreign Trade Multiplier » The Principle of Acceleration and The Super-Multiplier » Income Determination in Closed and Open Economy » IS And LM Functions : General Equilibrium of Product and Money Market » Wage-Price Flexibility and Employment » Inflation » Monetary Policy : Instruments and Types » Fiscal Policy » Applicability of Keynes’ Theory to UDCs

	Part Eight :
	» Theories of Business Cycles » Business Cycles : Meaning and Nature » Samuelson’s Model of the Trade Cycle » Hicks’s Model of the Trade Cycle » Kaldor’s Model of the Trade Cycle

	Part Nine :
	» International Trade » Distinguishing Features of International Trade » The Theory of Comparative Costs » The Hecksher—Ohlin Theory » Balance of Payments

	Part Ten :
	» Economic Development and Planning » Economics of Development : Concepts and Approaches » Characteristics of An Underdeveloped Country » Obstacles to Economic Development » Factors of Economic Growth : Economic and Non-Economic » Economic Planning.