THOUGHT FOR THE DAY

Finance

"It's not your salary that makes you rich, it's your spending habits. "

Charles A. Jaffe

TOPIC OF THE DAY

Financial economics

Financial economics is a branch of economics that is applied to the financial markets, such as the forex and stock markets. It studies the relationship among financial variables, such as prices, inflation and interest rates. Financial economics focuses on the impact of economic variables, such as GDP (gross domestic product) and CPI (consumer price index), on the financial markets. It involves building models based on the two key concepts of uncertainty and the time value of money. This branch of economy differs from others due to the emphasis on the study of "monetary activities."


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LATEST ARRIVALS

Dynamics of markets: the new financial economics by Joseph L. McCauley