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Economics



MicroEconomics

  • Demand, supply (with applications in many fields like tax burden, price ceiling and floor)
  • Elasticity
  • Indifference curve analysis
  • Budget line/constraint
  • Consumer equilibrium
  • Consumer behavior
  • Cost analysis (MC/AC etc.)
  • Production (TP, AP, MP)
  • Productivity theory (Wages, labor supply and demand
  • Firms (Perfect competition, Monopoly, Monopolistic competition, Oligopoly
  • Externalities
  • Public Good
  • Welfare
  • Game theory
  • Asymmetric Information (Moral Hazard, Adverse Selection)
  • General equilibrium
  • Pareto efficiency

MacroEconomics

  • Determination of national income and output
  • GDP
  • Inflationary and deflationary gap
  • Aggregate Demand
  • Aggregate Supply
  • Circular Flow of income
  • Multiplier
  • Keynesian and classical theory
  • Neo classical and neo Keynesian theory
  • IS LM Analysis
  • Fiscal and monetary policy
  • Crowding out
  • Automatic stabilizers
  • Neutrality of money
  • Liquidity trap
  • Inflation
  • Philips curve
  • Stagflation
  • Rational and adaptive expectations
  • Employment
  • Natural rate of employment (NAIRU) etc.
  • Theory of efficiency
  • Investment and consumption theory

Others

  • Monetary economics like money multiplier
  • Credit creation etc
  • Indian economic policy
  • Development economics
  • Health economics
  • Public finance
  • Statistics
  • National income accounting (numericals on GDP etc.)
  • Investment analysis like portfolio theory and options etc.
  • Econometrics