Financial economists prefer to use market values when measuring debt ratios because market values are more stable than book values.
Financial economics is the branch of economics characterized by a "concentration in financial activity" where "money of some kind is likely to appear on both sides of the transaction".
Financial economists study financial and banking systems and the effects of rising interest rates. Fiscal economists are primarily interested in studying the role of government in the economy and the impact of tax cuts, budget deficits, and welfare policies.
Employment opportunities for financial management students are very good. Whether you want to work as an economist, portfolio her manager, risk management consultant, or financial analyst, this course introduces you to quantitative techniques that are very useful in the financial industry.
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