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Departments of Economics and Management, Master of Science in: FINANCE (CLASS LM 16) STUDY PLAN FOR STUDENTS ENROLLED IN THE 1st YEAR, ACADEMIC YEAR 2022/2023To be filled in online after official

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What is economics and finance?

Economics is the study of how individuals, businesses, and governments allocate resources and make decisions regarding production, consumption, and distribution of goods and services. Finance, on the other hand, focuses on the management of money, investments, and financial systems, encompassing the study of markets, financial instruments, and the risks associated with financial decisions.

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The purpose of economics is to understand and predict how resources are allocated in society, while finance is aimed at managing funds effectively to achieve financial stability and growth. Both fields help policymakers, businesses, and individuals make informed decisions.

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Information that must be reported includes income statements, balance sheets, cash flow statements, investment losses or gains, and other financial indicators that provide a comprehensive overview of an entity's financial health.

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