Basically, economic theories describe how people make choices. In a very broad sense, they describe how people decide what to do in certain situations. In other words, economic theory teaches you to think; not what to think. Economists view the …
Introduction to Finance
Finance is the science of the management of financial markets, financial institutions and how they function within the economic system. It’s concerned with the production and management of investments and money. Investors and savers both have money accessible that can …
Economic Theories
Economic theories are based on the principles that everything in the world is made up of matter. Therefore, economics can also be regarded as a science of the physical universe. This type of science is called “Economics” a short term …
Spend Analysis – The Processes
Spend Analysis is a powerful tool that enables managers to obtain objective information about spend patterns and spending priorities to guide investment decisions. Spend Analysis is a branch of management science that studies the economic concepts of expenditure, allocation. It …
The Evolution of Finance and Banking During the Modern Era
Finance is often a vague term for things regarding the creation, study and distribution of funds and assets. It is used in a much wider sense than simply as money. It also encompasses investment strategies, market movements and financial markets. …