Economics has become a very sought-after subject in the field of Social Science. The knowledge of Economics is very important in pursuing various activities in everyday life such as production, consumption and investment. In Consumption, every individual wants to utilize the income in the best possible manner so as to get maximum satisfaction from the goods and services purchased.

Economics has become a very sought-after subject in the field of Social Science. The knowledge of Economics is very important in pursuing various activities in everyday life such as production, consumption and investment. In Consumption, every individual wants to utilize the income in the best possible manner so as to get maximum satisfaction from the goods and services purchased.