Financial economicsMain article: Financial economicsFinancial economics is the branch of economics studying the interrelation of financial variables, such as prices, interest rates and shares, as oppo ...
Main article: Financial capitalCapital, in the financial sense, is the money that gives the business the power to buy goods to be used in the production of other goods or the offering of a service. (T ...
Personal financeMain article: Personal financeQuestions in personal finance revolve aroundProtection against unforeseen personal events, as well as events in the wider economyTransference of family ac ...
Finance is a field within economics that deals with the allocation of assets and liabilities over time under conditions of certainty and uncertainty. Finance can also be defined as the science of mone ...
See also: Theory of the firmMost legal jurisdictions specify the forms of ownership that a business can take, creating a body of commercial law for each type.The major factors affecting how a business ...
Main article: ManagementThe efficient and effective operation of a business, and study of this subject, is called management. The major branches of management are financial management, marketing manag ...
Agriculture and mining businesses produce raw material, such as plants or minerals.Financial businesses include banks and other companies that generate profits through investment and management of the ...
Forms of business ownership vary by jurisdiction, but several common forms exist:Sole proprietorship: A sole proprietorship is owned by one person and operates for profit. The owner may operate the bu ...
A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers. Businesses are prevalent in capitalist economies, where most of th ...
Main article: Informal economyAn informal economy is economic activity that is neither taxed nor monitored by a government, contrasted with a formal economy. The informal economy is thus not included ...
There are a number of ways to measure economic activity of a nation. These methods of measuring economic activity include:Consumer spendingExchange rateGross domestic productGDP per capitaGNPStock Mar ...
The economy may be considered as having developed through the following Phases or Degrees of Precedence.The ancient economy was mainly based on subsistence farming.The industrial revolution phase less ...
Ancient timesSee also: Palace economyAs long as someone has been making, supplying and distributing goods or services, there has been some sort of economy; economies grew larger as societies grew and ...
The English words "economy" and "economics" can be traced back to the Greek word ο?κον?μο? (i.e. "household management"), a composite word derived from ο?κο? ("house") and ν?μω ("man ...
Today the range of fields of study examining the economy revolve around the social science of economics, but may include sociology (economic sociology), history (economic history), anthropology (econo ...
