University of Mumbai, Maharashtra (Mumbai University), Accounts , Principle of Economics Syllabus

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Unit - 1 Introduction to Economics

Unit – I

Economics

1.1 Introduction to Economics

Unit - 2 Economic system and their Basic features

UNIT 2

PRINCIPLES OF ECONOMICS

2.1 ECONOMIC SYSTEM AND THEIR BASIC FEATURES

2.2 THE FUNCTIONS OF ECONOMIC SYSTEM

2.3 CAPITALISM

2.4 SOCIALISM

2.5 MIXED ECONOMY

Unit - 3 Theory of Demand

UNIT – 3

Economics

3.1 THEORY OF DEMAND

3.2 LAW OF DEMAND

3.3 ELASTICITY OF DEMAND

3.4 CONSUMER SURPLUS

3.5 INDIFFERENCE CURVE

3.6 PRODUCTIONLAW OF RETURNS

3.7 ISOPRODUCTIVE CURVE

3.8 NATURE OF COSTS FIXED COSTS VARIABLES COST TOTAL AVERAGE AND MARGINAL COSTS

Unit - 4 Theory of Product Pricing

UNIT – 4

Economics

4.1 THEORY OF PRODUCT PRICING

4.2 PRICING AND OUTPUT UNDER MONOPOLY

4.3 COST AND REVENUE UNDER MONOPOLY

4.4 SHORT TERM AND LONG TERM ANALYSIS

Unit - 5 Price Discrimination

UNIT – 5

Economics

5.1 PRICE DISCRIMINIATION

5.2 GANDHIAN ECONOMIC PHILOSOPHY

5.3 NATIONAL INCOME GNP NNP NDP

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Other Subjects of first-year
Auditing
Financial accounting
Business organization
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