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Economics
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Finance
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1.Economics is a social science which studies the production,
consumption, and distribution of goods and services.
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1.Finance is a fund management science which focuses on selection,
collection, management, and utilization of fund.
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2.Economics based on Growth, GDP,GNP
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2.Finance based on cash flows
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3.Study of economics focuses on maximization of wealth
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3.Study of finance focuses on the optimization of valued goals.
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4.Economics deals with whole industry
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4.Finance deals with one organization
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5.It’s study can be applied in various fields like business,
government, education, politics etc.
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5.It’s study can be applied in
business finance, public finance, personal finance.
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Tuesday, September 20, 2016
Economics VS Finance
