COVER -- Contents -- MODULE-I INTRODUCTORY -- Economic Principles in Decision-making -- Concepts and Scientific Method of Economic Thinking -- Micro and Macroeconomics -- Markets and Competition -- Demand -- Elasticity of Demand -- Supply Analysis -- Price Equilibrium in a Perfectly Competitive Market -- Consumer Surplus, Producer Surplus and Market Efficiency -- Production Function -- The Costs of Production -- Economies and Diseconomies of Scale -- Module II : Firms in Competitive Markets -- Theory of Profit Maximisation -- Firms Under Perfect Competition -- Monopoly -- The Analytics of Price Discrimination -- MODULE III : OLIGOPOLY -- Oligopoly -- Monopolistic Competition -- The Theory of Consumer Choice -- MODULE IV : PRODUCTION AND GROWTH -- National Income: Meaning and Measurement -- Economic Growth -- Savings and Investment -- Financial Institutions -- Meaning and Functions of Money -- Inflation -- Open Economy Macroeconomics -- Foreign Exchange -- MODULE V : AGGREGATE DEMAND AND AGGREGATE SUPPLY -- Economic Fluctuations -- Objectives and Instruments of Monetary Policy -- Fiscal Policy -- Monetarism vs. Keynesianism -- The Policy Debate.