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Economics, macro and micro, deals with modeling and understanding how the creation and use of resources function. Whether the econ is macro or micro simply depends on the scope of the modeling and study.

While micro-economics, with the narrow personal scope, will deal in part with money and, therefore, be a financial issue, micro-economics will also address how effectively and efficiently personal resources like car, house, clothes, food, etc. are used.

So the short answer is...finance deals with money only; economics deals with money and all the other resources.

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Duane Anymouse

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4y ago

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