Good-Guy
VIP Contributor
Trade and commerce is a really vast field that has been attracting many people across the world and this is why there are many people who pursue a successful career in this field and they tend to manage the finances of many companies in an efficient way. This is what many people learn when they get into this field. However, management of finance is not at all possible if we overlook the relation it has with economics. Regardless of what many people say, economics and finance are deeply connected with each other.
I must say that Finance is just fuel for the commercial activities and economics is a device that helps the vehicle of business to save this fuel so that the vehicle of business could run for a longer time. I define economics as a way to save finance or use finance in the best way and make the most out of it. Just imagine having a good water supply at your house, if you use it wisely, then you will be able to use it for a long time. If you waste it continuously, then you will run out of it quickly. This is how economics save finance when it comes to business. So how do you see this relationship between economics and finance?
I must say that Finance is just fuel for the commercial activities and economics is a device that helps the vehicle of business to save this fuel so that the vehicle of business could run for a longer time. I define economics as a way to save finance or use finance in the best way and make the most out of it. Just imagine having a good water supply at your house, if you use it wisely, then you will be able to use it for a long time. If you waste it continuously, then you will run out of it quickly. This is how economics save finance when it comes to business. So how do you see this relationship between economics and finance?