Which is the difference between Finance and Economics???

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Which is the difference between Finance and Economics???

2007-05-17 08:34:23 · 1 answers · asked by The Apostle 2 in Education & Reference ➔ Higher Education (University +)

1 answers

Finance can be thought of as a subfield of economics. The major difference between microeconomics and financial economics is that finance centers on one good (money) rather than many goods. Other than that -- finance is just Economics where there is private information and where there is uncertainty regarding the payoffs.

2007-05-17 09:18:24 · answer #1 · answered by Ranto 7 · 2⤊ 0⤋