Essentials of Finance

Finance can be termed as the management, procurement, and study of money and investments. Personal, public, and corporate finance are the three major areas of finance. The financial system comprises the flow of capital among individuals (personal finance), government (public finance), and businesses (corporate finance). The concepts of finance originate from micro and macroeconomic theories. Its study involves the use of mathematics, econometrics, and statistical models to develop economic theories and hypothesis. It is an integral part of business, economics, markets, taxation, insurance, and other commerce fields. Financial economics and mathematics, and experimental and behavioral finance are the main theories of this discipline. This book is a valuable compilation of topics, ranging from the basic to the most complex advancements in the field of finance. From theories to research to practical applications, case studies related to all contemporary topics of relevance to this field have been included herein. This book is a resource guide for experts as well as students.