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## Microeconomics

- Why do we need to study Microeconomics?
- Circular flow of income
- What is Demand?
- The supply curve
- Market Equilibrium
- Changes in Market Equilibrium
- What is Elasticity?
- Elasticity and linear demand curve
- Theory of consumer choice: concept of utility
- Consumer behavior theory and preferences
- Consumer optimum consumption decision
- Indifference curve Introduction
- Consumer choice: Marginal Rate of Substitution
- Indifference curve, maps, and characteristics
- What is Budget line?
- Budget Constraints
- Price Consumption Curve
- Income and Substitution Effects
- What is Giffen good?
- What is Production Function?
- Production: What is Average and Marginal Product?
- Production Decision of a Firm
- Production with Fixed Inputs
- Cost: Economies of scope
- Perfectly competitive market introduction
- 10 most Important points about perfect competition
- Perfect Competition vs Monopoly
- Perfect competition profit maximization in the short-run
- What you really need to know about Monopolists?
- Sources of Monopoly Power
- Shift of Demand in Monopoly
- Price and output decision of monopoly
- Monopoly output decision summary
- Monopoly cost and output decision
- Economic Inefficiencies of Monopoly
- Monopolistic Competition Introduction
- Kinked demand Theory of Oligopoly
- Carter Theory of Oligopoly
- Network Externalities
- Welfare analysis on Hicksian Micro Foundation
- Game Theory Introduction
- Types and strategies of game theory

## Macroeconomics

- Circular Flow of Income
- Basic economic goals of a country
- Tax and its types
- Multiplier effect and its types
- How to calculate multiplier effect?
- Major problem using GDP
- What is GDP and how is it calculated?
- Commodity money versus fiat money
- Difference between aggregate supply and market supply curve?
- Shifts in aggregate demand curve
- What is money?
- What is Inflation?
- Economic impact of inflation
- Balanced and unbalanced inflation
- Anticipated and unanticipated inflation
- Types of Inflation
- Difference between inflation, deflation, and disinflation
- Unemployment introduction and calculation
- Unemployment and its types
- The classical economics model
- Central bank monetary policy
- Bank-based vs. Market-based economics
- Central banks functions
- Consumer price index – Impact on interest rate
- Measuring living standards by GNI
- Consumer Price index and long-term interest rate
- GDP growth rate and calculation
- Nominal GDP, Real GDP and GDP deflator
- Difference between GDP and GNP
- Three approaches of calculating GDP
- What is GDP and how do we use it?

# Statistics

- What are Index numbers?
- Probability with examples
- Dependent, Independent and conditional probability
- Sample space in statistics
- Standard deviation
- Quartile deviation
- Basics of correlation
- Regression in statistics
- Mode in statistics
- Quartiles, deciles, and percentiles
- Mean and its types in statistics
- Types of frequency distribution