Answer Posted / bjanmejai
Though, economics and finance are closely interrelated
they have some unique features that differentiate one
from the other.
Finance is fund management, whereas economics is a
social science.
Economic deals with optmisation of the scarce
resources, while finance focuses more on wealth
maximization for the stake holders.
Mastering the principles of economics will
create economist whereas mastering the principal
of finance will create finance analyst.
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