What is the difference between financial economics and general economics? Which will be better in terms of placements?

General economics focuses on exchanges in which money is onebut only oneof the items traded. Financial economics involves the creation of sophisticated models to test the variables affecting a particular decision. Then these models assume that individuals or institutions making decisions act rationally, though this is not necessarily the case. The irrational behaviour of parties has to be taken into account in financial economics as a potential risk factor. The financial economist can be distinguished from general economists by their focus on monetary activities in which time, uncertainty, options and information play roles. Lexicon Smiles economics offers students interested in pursuing business, banking or law the data-analysis and critical-thinking skills to become valuable employees in positions that require rigorous undergraduate training. In economics at Lexicon MILE, you'll develop strong connections with your professors and fellow students. You'll learn from professors celebrated for their professional contributions to the field and their outstanding work as mentors to their students. You can also tailor your degree to fit your goals by focusing on one of three areas of study: quantitative economics, legal studies or international economics.

0 Upvotes 0 Upvotes 0 Downvotes

• • Report Abuse
• Comment