The financial science is the third classical discipline within the political economy - apart from the economic theory (micro and and the economic policy. It covers the economic analysis of the public economic activity (broadly formulated definition). Decisions a weighty role play collective. Strictly speaking it lights up the taking (e.g. Taxes, deliveries) and output page (e.g. As well as the relationship of the different national levels (federation, countries, municipalities) (financial adjustment) you thus the financial system of the public hand designates subsidies, public mechanisms) of a state to each other.
The traditional designation financial science describes the investigation article only insufficiently. Apart from the actual financialeconomical questions (e.g. Optimal arrangement of the control system) additionally still concerns itself the modern financial science with the use of material resources of a national economy (Allokationsproblem), the influence of incomes and occupation (stabilization problem) and the distribution of incomes and fortune (distribution problem). In addition institutional basic conditions become (e.g. Requirements, prohibitions, legal regulations) into the economic analysis included.
Wider ranges, which are treated in the financial science, are:
The financial science overlaps itself to large parts with the economic policy, even if this is more strongly theory-led in the comparison. This separation is internationally little common a German peculiarness and.
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