The major of general economics seen in universities mainly focuses on academic research and covers a wide range, so it is generally not aimed at specific and practical economic disciplines. However, many new branches of economics have been derived from the basic theoretical research of economics, such as information economics, environmental economics (non-market analysis method is a very important extension) and so on.
On the other hand, finance originated from economics, but now it has been relatively independent from economics and has a relatively systematic research method.
At the same time, modern finance still stays within the framework of neoclassical analysis of modern economics, which is characterized by starting with the rational behavior of micro-subjects (irrational behavior, such as anchoring effect, is also taken into account in behavioral finance examination), constructing a market equilibrium system considering time and uncertain factors, and investigating the mechanism and role of the financial system in the intertemporal allocation of resources.
Finance has created a unique research method in economics, such as no-arbitrage analysis commonly used in financial asset pricing, which is actually more specific than supply and demand analysis in economics and easier to realize in the market.
Extended data:
Finance and finance are the products of modern economy. In ancient times, it was mainly farming and agricultural economy, mainly barter and simple currency circulation, and there was no finance and finance at all. For example, in China, some financial theories are scattered in various ancient books about "financial commodities". As an independent discipline, it was first formed in the west and is called "Money Banking". Modern China's finance was introduced from the west, and there were various monetary banking theories from classical economics to modern economics.
The content of financial research is extremely rich. It is not limited to the study of financial theory, but also includes the independent and comparative study of financial history, the history of financial theory, the contemporary financial theory of the East and the West, and the financial systems and policies of various countries. The theories of securities, trust and insurance also belong to the scope of financial research.
The main research topics in financial theory are: the essence and function of money and its position and role in economy; The forms of credit, the functions of banks and their position and role in the economy; The nature and function of interest; The characteristics and laws of money circulation based on modern bank credit organizations: the theory of macro-control of economic life through money.
Economics is a theory that studies the law of human economic activities, that is, the law of value creation, transformation and realization-the law of economic development, which is divided into political economics and scientific economics.
In the view of symmetric economics, the optimal allocation and regeneration of resources are only the development and concrete manifestation of economic laws, and the research object of economics should be the underlying economic laws and economic essence, rather than staying at the level of optimal allocation and regeneration of resources. It is political economics rather than scientific economics that stays at the level of optimal allocation and optimal regeneration of resources.
In order to study the law of economic development, we must study economic phenomena as a whole. Macro-economy and micro-economy are two symmetrical aspects in the unified economy, so there are macro-economy and micro-economy in the framework of scientific symmetrical economics paradigm, but there is no difference between macro-economy and micro-economy. Political economics always divides economics into macroeconomics and microeconomics.
1. Economy is economy and frugality in production or life. The former includes saving money, materials and labor. In the final analysis, it is to save labor time, that is, to use as little labor consumption as possible and produce as many achievements as possible that society needs. The latter means that individuals or families are careful in their daily consumption and meet their greatest needs with less consumer goods.
In short, saving is to achieve greater results or benefits with less manpower, material resources, financial resources, time and space;
2. Economy is the income and expenditure of a country, an enterprise or an individual, such as gross national product, total social output value, output and benefit of an enterprise, income and expenditure of an individual, etc.
3. Economy is the synthesis and simplification of the words "help the world through the country", "help the world through the country" or "help the people through the world". (For example, "Knowing the Bureau to Help" (The Book of Jin) and "Everyone has a way to help, but they don't agree" (Sui Shuo Wen, Volume 6). Its meaning includes how the state manages finance, how to manage various economic activities, how to deal with political, legal, military, educational and other issues, that is, the meaning of governing the country and calming the world;
4. Economy is family management (see Xenophon [Ancient Greece]: On Economy);
5. Economy is a kind of livelihood, a valuable thing necessary for life and useful for family and country (see Aristotle's: Politics in Ancient Greece).
References:
Baidu Encyclopedia-Economics? Baidu encyclopedia-finance