Many generally misunderstand economics to be anything which is completely related to money. In a simple question, if it's asked that what is economics? So people generally answer it in a way that it's all the monetary aspects are comprised to become economic mix. Though this definition is not completely wrong, but it is incomplete when we talk about economics. Economics is a study which we do basically to allocate the scarce resources, the limited resources we have in our economy, in our whole economy