There is a difference between economics and finance. Economy and finance, the latter includes financial analysis, accounting, various report analysis and enterprise financial management; On the other hand, economics uses various mathematics and other tools to analyze and calculate micro and macro economic problems.
1, to learn economics, you must learn two basic courses: calculus and statistics. Knowing only the basics, these two disciplines were demonized in China, making them lifeless but seriously divorced from reality.
Calculus can be derived twice, which is the basic requirement; Statistics is mainly some basic knowledge, such as how to look up the normal distribution table and know what is called small probability time. Learn to use excel and spss.
2, with common sense of economics. That is, the basis of economics, divided into micro and macro. The current mainstream economics is nothing more than an economics textbook of Krugman or Man Kun. I studied in Man Kun myself. In addition to these two buddies, Machill Publishing House invited several famous professors, all of whom tended to the classical economics school.
This is really some economic common sense, from opportunity cost to knowing the importance of trading. Macroscopically, we know what a period is and what phelps's law is.
3. While learning the basics of economics, understand what monetary banking is. It is basic common sense to know how banks come from, the structure of banks in China and the interest rate between banks.
4. Learn basic accounting. Learn some basic statements and accounting principles. I know many mainland students don't understand that debt and credit go back and forth. In fact, it is better to learn English textbooks and not to deduct words from mainland textbooks. Assume that debt and credit are the simplest and most basic ... in ancient Greek, they mean "left" and "right". When my money is in your wallet, it naturally goes in and out ~~ I see many interns, lenders and borrowers from famous universities in Chinese mainland around me. ...
5. Econometrics is a very important tool in economics. On the basis of introducing history, this course adds calculus and statistics, and analyzes and studies various econometric models. This is a very useful subject. For example, give you a city's housing prices in the past three years, and analyze the trends and reasons. At the same time, measurement is also an indispensable tool for papers.
6, the company's financial management foundation. This course is similar to intermediate accounting, but more practical. It is best to study with intermediate accountants. Calculate future value, past value, bond and stock prices. Why does a company's share price rise? Will it fall? It's all solved in this course
7, intermediate accounting, that is, accounting 2, should not only understand statements, but also make statements and write statements. In this process, it will definitely involve the company's value, market value, bonds, stocks and so on. , and then a senior accountant.
8. Intermediate micro. Use econometric and calculus tools to analyze the driving forces of microeconomics and what factors will lead to the changes of microeconomics. In other words, those factors in the economy affect the economic activities of enterprises and individuals.
9. Learn the development history of the market economy from a macro perspective. At each stage, what makes the economy change? For example, the financial tsunami and the Great Depression. The cause and effect of various economic schools, learning what is the economic cycle, and so on.
I won't go into details, such as organizational behavior, financial management of intermediary companies, industrial research management and so on.
The above disciplines, combined with the real economy, such as why gold will rise:
A, the relationship between supply and demand (micro-foundation), gold is traded as a special product for value preservation, and gold is mostly bought to reduce investment risks or as a hedge for the real economy (money bank). When the global economy enters a depression, under the assumption of excluding external factors, the demand for gold will increase and the price of gold will rise. or vice versa, Dallas to the auditorium
B, hedging (macro basis), when the United States quantitative easing, trying to stimulate production and exports, increase employment, but there was a crisis of inflation (phelps's law). In order to reduce the inflation risk in the United States, a large amount of capital poured into the United States (the financial basis of the company) through three quantitative easing, and Nasdaq hit a record high every day. However, once the adjustment period is over, the quantitative easing policy is over, and the enterprise restructuring (intermediate accounting) is over, capital will flow out, and gold will soar as a safe haven-this is one of the factors that newspapers and magazines report every day that "the future gold price is inversely proportional to the US economic trend".
Observation on capital flow of oil and gold. Oil is also one of the very scarce resources, but buying and selling oil is generally futures trading. When sanctions were imposed on Iran, oil and gold rose simultaneously for the first time in nearly half a century! ! ! A large amount of cash flows to the futures market. What's next? Oil prices are still rising. Do you think the price of gold has just dropped? (Econometrics)
Did you find out? ! I mentioned a lot about English books and western education when I introduced them just now. Remember! ! ! Economics itself is western knowledge, and it is strongly requested and suggested to buy original English books! ! ! Especially when learning calculus and statistics, which are super-basic and super-simple courses, the difficulty becomes English. After four months, your vocabulary will increase greatly! ! ! Learning the basics of accounting and economics is like reading a novel. Man Kun's textbooks, in particular, are notoriously easy to understand. When you want to study intermediate accounting and micro-and macro-professional courses, your English will be completely barrier-free.
Whether it's BEC, CFA, ACCA, HKiCPA or any related exam, the English exam is the same. If you want to learn economics well, English can be well trained from basic subjects to advanced subjects. This is a difficulty that must be overcome! Forget to despise the four or six grades that harm others and do not benefit themselves! )
For entrepreneurship, just one sentence. 2 points depend on ability, 8 points depend on relationship! It is not the relationship between the rich second generation and the official second generation, but the cultivation of their own emotional intelligence. Team spirit, social practice, positive attitude and psychological endurance that need to be honed. This process will not be pleasant ... but after one step, looking back will be a piece of cake. Maintaining good public relations and treating people with a smile every day is the foundation of starting a business.
Those who study economics still remember the couplets written by the dean in the first class: the sound of wind and rain, the sound of reading, family affairs, state affairs and the world.
In a word, the process of basic learning mentioned just now cannot be divorced from reality. This is also the core of learning economy.
A few hundred words, I hope it will help you!