i)Khutba Hujjat –ul-Wida (Farewell Address) j)The Life of the Holy Prophet (P.B.U.,H.)k)Hajjat-ul-Widal)Death of the Holy Prophet.m)Islamic Civilizationn)Influence of Islamic Civilization on the Subcontinent.o)International Influence of Islamic Civilization.
1. Abdul Qayyum Natiq, Sirat-e-Mustaqeem (English)2. Abdul Qayyum Natq, Sirat-e-Mustaqeem (Urdu)3. Dr. Nasiruddin, Islamiat (Urdu) Ghanzfar Academy Pakistan.4. Dr. M. Khalil, Tadrees-e-Islmiat, Jadeed Educational Services, Lahore.5. AIOU, Islamiat, Jadeed Book Depo, Lahore.
1.4 MICRO ECONOMICS
Definition, Nature, Scope and Importance (Micro and Macro Economics)Description, Analysis and Policy: Economic Methodology.2.
Definition and meaning, Marginal Utility: Law of DiminishingMarginal Utility Consumer's Surplus Indifference curve approach.3.
Definition, Laws of Demand, Changes in Demand, Elasticity of Demand andits measurement.4.
Supply, Changes in supply, Demand and Supply Relationship. EquilibriumAnalysis.5.
Concept of Factor of Production, Land Labour, Capital & Entrepreneur.Laws of Returns and their application to Agriculture Sector.6.
Costs over time period Fixed, Variable, Total, Average and Marginal.7.
Perfect and Imperfect Competition. Price and output, determination under perfect and Imperfect competition. Market price and Normal price. Monopoly, Oligopoly,Duopoly and Price Control. (Basic Concepts).8.
Rent, Wages, Interest and Profit.
9.Fiscal Policy, Monetary PolicyBOOKS RECOMMENDED
1. Paul A Sameulson, Economics.2. Muhammad Irshad, Economics, Naveed Publications Lahore.3. Sh Manzoor Ali, Economics, Ilmi Kutab Khana, Urdu Bazar, Lahore.4. Lioyd G Reynolds Irwin, Micro Economics — Analysis & Policy, IrwinHomwood Illinois.5. Saeed Nasir M A, Textbook of Economics, Ilmi Kutab Khana, Lahore.6. Salman Rizavi, Economics, Syed Mobin Mahmud & Co., Lahore.7. K. K. Dewitt, Economics
1.5 FUNDAMENTALS OF ACCOUNTING
Introduction: Purpose and Nature of Accounting, Various areas of Accounting Forms of Business enterprises, Accounting Information users, GAAP, Conversion, Business transactionand Accounting equation;Accounting Process: Recording changes in financial position, Double entry Accounting system,3