We always relate finance to money, but there’s more to it than meets the eye. It’s a full-fledged subject that has become quite a rage in universities across the world.
There are various portions of theoretical finance. The first of these is financial economics. It is a field of economics-one that deals with real world finance parameters. Next up is financial mathematics. It is basically an extension of theories put forward by financial economics. The next area of study in theoretical finance is experimental finance, followed by behavioral finance. Experimental finance aims to set up markets to study them, whereas behavioral finance deals with understanding how investors’ mindset affects the market
