WE ENHANCE YOUR TALENT
Our Syllabus

Subject : ECONOMICS PGT
Duopoly
Income effect
Deflation and Stagflation: Concepts
M3 b) Demand for Money Quantity theory of money and its versions (Fisher and Cambridge approaches) c) Inflation & Related Issues Inflation
Banking & Inflation a) Money and Supply of Money Concept and functions of money Supply of money: Commercial banks as suppliers of money through credit creation Role of Central Bank and credit control policies as determinants of money supply Concepts o
consumption and product-mix Social Welfare Function Grand Utility Possibility Frontier Social Equilibrium UNIT III: National Income & Theory of Employment a) National Income Different concepts Circular flow of income Concept and forms of national a
Oligopoly – equilibrium situations in each market) Bilateral Monopoly Monopsony b) Theory of Distribution General theory Wage Rent Interest Profit c) Basics of Welfare Economics Pareto Optimality in production
Substitution effect Revealed Preference Theory c) Behaviour of Firm Production Cost Revenue UNIT II: Market Structures
CPI with examples from Indian economy c) Measures of Dispersion & Mathematical Functions Range
Consumer Behaviour & Firm Behaviour a) Basic Concepts Economic Concept Economic System Economic Equilibrium b) Consumer Behaviour Concept and methodology Cardinal and Ordinal utility Limitations of cardinal utility analysis Indifference curve appr
UNIT I: Basic Economic Concepts
Mean deviation and Standard deviation Correlation and regression: Concepts and types Basic concepts of mathematical function: Straight line