What’s The Difference Between Finance And Economics?
Posted by admin on November 21st, 2009 at 05:13am
I have been in stock market for a little while now and have had some success by sticking to only a couple of investment strategies that have worked well for me. I am headed off to college to finally get my degree and follow my love of investing. The university offers degrees in both Economics and Finance. What are the chief differences between the two?
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4 Comments for What’s The Difference Between Finance And Economics?
1. tonytbag | November 21st, 2009 at 5:14 am
Finance primarily deals with how individual companies finance their operations. Through earnings, debt, equity and other elaborte methods.
Economics concerns how various poltical actions, taxes, spending, consumer sentiment, commodity prices and a whole hosts of other items impact economic activity and the creation or desctruction of wealth.
There’s probably a more accurate definition in any dictionary, but this should give you a good idea that I hope is clear and understandable.
2. renegade… | November 21st, 2009 at 5:23 am
Finance degree holders become investment bankers.
Economists study investment bankers.
3. Julian | November 21st, 2009 at 5:35 am
The first answer is illogical. I am a banker at goldman and my undergrad is in econ. Finance is more business direct. That covers a mix of accounting, business management, broadly on econ. Finance is more directed to those who want to become analysts, controllers and managers at companies. Econ majors are focused on running companies and wall street. Econ mixes investment with more politics. If you are leaning more towards an education in the market and investing, id recommend Econ and/or accounting. Econ is the market and accounting is the basis behind analyzing companies.
4. David M | November 21st, 2009 at 5:48 am
Difference between fanance and Economics are eplained by Ex.
i.e
Economics is like all things need to grow of Tree
leafs(leaves) of tree are Grow of tree….
..simply is fanance is money and Economics is besic/fandametanle of state/contray
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