Introduction

What do we really know about the term economic? Economic understands the behavior and the act of human,like us.Each and everyone of us have different behavior. It comes to a point where we think when we consume.For example, when you only have a 10 pound in your wallet, and you have to decide whether to spend it on having lunch or buying a book? From here, we cannot have both lunch and buying a book at the same time. We tend to choose which choices satisfy us to the most. The popular definition of economic is a science which studies human behavior as a relationship between ends and scarce means which have alternative uses. Ends here refers to unlimited wants.