Advertisement

Economics vs. finance

  •  
  • Both economics and finance involve money. The difference is that economics (conventionally treated as a singular noun despite resembling a plural) is large-scale or abstract, while finance is particular, usually involving the monetary matters of a person, company, government, or household. For instance, a profitable business has financial success, and a country full of profitable businesses has economic success.

     

    1 To 1 English native Teachers,  the best way to improve your English!
    Click here to find out more!

    Examples

    Advertisement

    In the First World, including the United States, Japan, and the Czech Republic, economic growth typically proceeds at a steady, sustained pace over decades. [NPR]

    Couples who seem to be successful at marriage are usually good with their finances. [Winnipeg Free Press]

    The basic laws of economics are threatening to pull the eurozone apart, just as politicians are trying to pull it together. [BBC News]

    A good set of financial results from BSkyB hardly counts as news these days. [Guardian]

    The economics of high-speed rail are determined by a simple formula: the number of people carried by distance travelled. [Sydney Morning Herald]

    Worries about inflation, the slumping dollar and the U.S. government’s finances have sent the price of silver soaring . [Los Angeles Times]

    Advertisement

    Speak Your Mind

    About Grammarist
    Contact | Privacy policy | Home
    © Copyright 2009-2014 Grammarist