It is common to confuse the terms economy and finance in colloquial language. The economy carries out an investigation and direct observation of what the market variables are at each historical moment. The first concept refers to the science that studies social evolution itself interpreted from the point of view of macroeconomics and microeconomics.

Differences and similarities between economics and finance

This difference in both disciplines is present in the skills that accompany each job position. An economist is more focused on the field of research. On the contrary, a financier usually works in a bank. He can also offer his services in a company to guarantee the solvency of the entity in which he participates.

Quote: " Finance is not merely about making money. It's about achieving our deep goals and protectingthe fruits of our labor. It's about stewardship and, therefore, about achieving the good society. "