“Economics is a science which studies human behavior as a relationship between ends and scarce means which have alternative uses”. Economics always attracts people for its instinctive nature of explaining human behavior in the real world context. As a result, it has extensive demand among students for their preferred subject and employers search for economics graduates in the job market. Economics is poised at the intersections of sociology, political science and business studies etc. An understanding of economics principles is critical to success in business and to design the effective government policies.