In today’s global world, the importance of English cannot be denied and ignored since English is the most common language spoken everywhere & also it is the official language in a large number of countries. With the help of developing technology, English has been playing a major role in many sectors including medicine, engineering and education. It is the dominant business language and it has become almost a necessity for people to speak English if one has to enter a global workforce.

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.