The major of general economics in universities is mainly academic research, with a wide range of research and many topics, and generally does not pay attention to specific practical economics disciplines. Many new branches of economics are derived from the basic theories of economics, such as information economics and environmental economics (non-market method is an important extension).
From another point of view, finance originated from economics, but now it is relatively independent of economics and has a relatively systematic research method.
At the same time, modern finance is still within the framework of neoclassical analysis of modern economics. It is characterized by constructing a market equilibrium system considering time and uncertainty from the rational behavior of micro-subjects (behavioral finance also considers irrational behaviors such as anchoring effect) and investigating the role of financial system in intertemporal allocation. Resources. Mechanism and function.
Finance has created a unique research method in economics, such as no arbitrage analysis, which is often used in the pricing of financial assets. In fact, it is more specific than the analysis of supply and demand in economics, and it is easier to realize in the market.
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Finance and finance are the products of modern economy. In ancient times, agriculture and agricultural economy dominated, and barter and simple currency circulation dominated. There is no finance or finance at all. For example, in China, some financial theories are scattered in various works about "property".
As an independent discipline, it was first formed in the west and is called "Money Banking". The finance of modern China was introduced from the west. From classical economics to modern economics, monetary banking theory emerges one after another.
The content of financial research is extremely rich. It is not limited to the study of financial theory, but also includes the financial history, the history of financial theory, the contemporary financial theory of the East and the West, and the respective research and comparative study of financial systems and financial policies of various countries. The theories of securities, trust and insurance also belong to the category of financial research.
In the field of financial theory, the main research topics include: the nature and function of money and its position and role in the economy; The form of credit, the function of bank and its position and function in economy; The nature and function of interest rate; Characteristics and laws of money. Currency circulation organized on the basis of modern bank credit; And the use of monetary macro-control theory to adjust economic life.
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