From the very early stage of human civilization, economics have been a part of our society. It has changed its shape and size many times but without economics a civilization cannot sustain or survive. It is one of the subjects the knowledge of which can be used in daily life in various ways. The knowledge of economics makes us more aware of the financial and economical activities of the society. For livelihood all of us have to engage in some work or other. With the help of economics we can gauge the financial circumstances and take precautions that are necessary in adverse economical conditions.
