What is economics is

It's not easy to define economics at the beginnings . we can have a clear and complete picture about the subject when it is completely analysed. However, beginners often want a short definition of economics . In response to this demand, here are a few definition.

(1) Economics is the study of how people make their living , how they acquire the food,shelter, clothing , and other material necessities and comfort of world . It is a study of the problem they encounter , and of the ways in which these problems can be reduced .

(2) Economics is the study of how people choose to use scarce or limited productive resources to produce various commodities and distribute them to various members of society for their consumption.

(3) Economics is the study of these activities which involve exchange transaction among people.

(4) Economics is the study of the allocation of scare resources among altrenative end uses.

(5) Economics is the study of the ways in which a society makes choices .

(6) Economics is what economists do.

In fact economics certainly does involve all the elements in these various definitions Like the following,,,
'' Economics is the study of how individual and society end up choosing , with or without the use of money , to employ scarce productive resources , Which could have alternative uses , to produce various commodities and distribute them for consumption , now or in the future , among various people and group in society.