As Ethics impacts Economics, Economics also deeply impacts Ethics. Economic conditions deeply influence the character, conduct and morals of man. Man's conduct is determined by the way he earns his livelihood. There is thus a close relationship between Economics and Ethics.
Mahavira said: The person who does not quantify his needs (and thus limits them) earns his livelihood irreligiously, and the one who does, earns his livelihood religiously Economic conditions determine earning the livelihood religiously or irreligiously only superficially, but it is imperative that its methods should be harmonized with detachment and religious faith.