Advanced Microeconomics

1. Methods of Economics; 2. Static and Dynamic Economics; 3. Nature and Scope of Economics; 4. Utility and Welfare; 5. Theory of Consumer Behaviour; 6. Indifference Curve Analysis; 7. Revealed Preference Theory of Demand; 8. Elasticity of Demand; 9. Hicks' Revision of Demand Theory; 10. Marshallian Utility Analysis vs. Indifference Curves Analysis; 11. Theory of Production; 12. Cost of Production; 13. Returns to Scale; 14. Concept of Revenue; 15. Principle of Profit Maximisation; 16. Equilibrium of Firm and the Industry; Under Perfect Competition; 17. Pricing Under Perfect Competition; 18. Monopoly