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Masters of Commerce (Regular)

Semester I

Chapter 1) Meaning & scope of Business economics

Chapter 2) Basic principles in business economics

CHAPTER 3) Market Failures & economic role of government

Chapter 4) Demand analysis

Chapter 5) Supply analysis

CHAPTER 6) Applications of elasticity of demand & supply to economic issue 

Chapter 7) theory of consumer choice - Indifference Curve analysis

Chapter 8) price income - substitution effects

CHAPTER 9) Short-run production analysis

Chapter 10) Long-run production analysis

Chapter 11) returns to scale and scale economies

CHAPTER 12) Economic analysis of cost

Chapter 13) Perfectly and Imperfectly Competitive Markets

Chapter 14) Monopoly

CHAPTER 15) Price discrimination

Chapter 16) Monopoly Power

Chapter 17) Monopolistic competition

CHAPTER 18) Oligopoly

Chapter 19) Game theory

Semester II

Chapter 1) National Income

Chapter 2) National Income Concepts - GNP, GDP AND NDP

CHAPTER 3) Purchasing power parity income and human development index 

Chapter 4) Interaction of Keynesian Aggregate demand function & aggregate supply function & determination of Real income

Chapter 5) Trade-off Between inflation & unemployment

CHAPTER 6) IS-LM Model Equilibrium in goods & Money market

Chapter 7) Monetary & real Influences in the  IS-LM  Framework

Chapter 8) Open Economy - Balance of Payments

CHAPTER 9) Disequilibrium & corrective measures

Chapter 10) BOP adjustments monetary & fiscal Policies 

Chapter 11) Devaluation & Revaluation As Expenditure Switching policies

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