Economic & its significants.............

      The science of social management is called economics. More explanation we can say, economics is the science of alternative use of scarce resources. It is the mother discipline of  all business. we study economics to understand the economic environment and it is more important element for a business. a business is much more dependent to its economic environment for success in which it exists. so, if we do not understand and the factor of ecomomic environment we can not be successful in our bussiness policy. and to understant economic environment, we must have to know the basics of economics. thus Economics has a strong  significants for the bussiness plans & all the usefull policy.                                           
            Econmics is the science of scarce resources and teaches how to  get win over the scarce resources.
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