One of the most important subjects for the commerce student is the understanding of the economics and learning the basic concept of the various macro and micro economic factors. Economics as a subject plays a very important role for the students in learning the different economical concept that help in understanding the state of the country. Various economic factors include Gross Domestic Product, Gross National Product, Unemployment, Inflation, Consumer Price Index, Purchasing Power, Consumer Confidence etc. All these economic factors helps in understanding the state of the economy and if studies properly then these factors can easily determined the direction towards which economy is heading towards i.e. boom or recession.