Dynamics of Financial and Economic Research
Everything around us is some way or another related to finance and economics. In recent years, financial and economic research is a topic of interest among developed and developing countries due to rapid change in the financial environment. There is a need for an individual’s knowledge of financial concepts and their ability to use that knowledge to make critical decisions in the money management process. Knowledge of finance and economics is in the areas of investment management, retirement planning, general money management, and credit management. Consumers’/investors’ should have an understanding of financial products and concepts and have the ability and confidence to appreciate financial risks and opportunities, to make informed choices, to know where to go for help, and to take other effective actions to improve their financial well-being. This will bring change in individual’s financial investment behavior, such as obtaining debt, participation in the stock market, inv...