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Home » Law Library Updates » Business

Business

China’s Legal Maze 2026: A Guide for Indian EntrepreneursMicro Economics

Theory of Consumer Behaviour
Theory of Production and Costs
Decision making under uncertainty, attitude towards Risk
Game Theory – Non-Cooperative Games
Market Structures, competitive and non-competitive equilibria, and their
efficiency properties
Factor Pricing
General Equilibrium Analysis
Efficiency Criteria: Pareto-Optimality, Kaldor, Hicks, and Wealth Maximization
Welfare Economics: Fundamental Theorems, Social Welfare Function
Asymmetric Information: Adverse Selection and Moral Hazard

Macro Economics

National Income: Concepts and Measurement
Determination of output and employment: Classical & Keynesian Approach
Consumption Function
Investment Function
Multiplier and Accelerator
Demand for Money
Supply of Money
IS – LM Model Approach
Inflation and Phillips Curve Analysis
Business Cycles
Monetary and Fiscal Policy
Rational Expectation Hypothesis and its critique

International Economics

International Trade: Basic concepts and analytical tools
Theories of International Trade
International Trade under Imperfect Competition
Balance of Payments: Composition, Equilibrium, and Disequilibrium and Adjustment Mechanisms
Exchange Rate: Concepts and Theories
Foreign Exchange Market and Arbitrage
Gains from Trade, Terms of Trade, Trade Multiplier
Tariff and Non-Tariff barriers to trade; Dumping
GATT, WTO and Regional Trade Blocks; Trade Policy Issues
IMF & World Bank