A more generally accepted definition of Economics: It is a science or social science that studies human behaviour in relation to end and scares means which have alternative uses. It entails using the available resources among the competing to derive maximum satisfaction. This is because resources are by and large scarce so the ability or initiative of a consumer to wisely manage the limited resources available to him is what economics preaches. This explanation emanated from the believe people hold that economics is all about economizing and that economists are stingy. More so, economics seeks to address economic issues facing different economies of every nation on earth. These issues include: Unemployment, Inflation, Wealth distribution, Equality,Effective taxation and a whole lot more. As it is in the USA today, aside the presidential debate on foreign policy, addressing the key economic issue of unemployment seem to be the single most important agenda of the candidates. For those of you on NL who reason in this direction or have relatives and friends who share same opinion and perhaps see economics/economists as the study of being stingy should get a clue at least from this. In most tertiary institutions precisely universities, micro and macro economics is now taken as a general course. I am of the opinion that it should be made compulsory for everyone who passes through the university to be abreast with some national economic issues and at least have a knowledge of how it can be solved. One love!