The difference between financial management and economic management

The difference between financial management and economic management is very interesting, with different theories and different emphases.

1, meaning different.

Financial management: financial management refers to the management of monetary funds implemented by the state to achieve the goals of balance of money supply and demand, currency stability and economic growth.

Economic management: Management economics is a branch of economics, which provides a systematic and logical analysis method for business decision-making. These business decisions not only affect daily decisions, but also affect the economic power of long-term planning decisions. It is the application of microeconomics in management practice and the bridge between economic theory and enterprise management decision.

2. Different theories

Financial management: its theory mainly focuses on financial, accounting, economics, management and other professional knowledge, and cultivates innovative consciousness, innovative ability and practical work skills.

Economic management: its theory is mainly put forward around several factors such as demand, production, cost and market.

3. Different emphases

Financial management: As an important branch of management, financial management is a highly applied subject. According to the direction of finance in management science, it involves many fields, and its courses help enterprises achieve the goals of rational use of funds, reducing costs and improving efficiency from many angles.

Economic management: the economic force that affects daily decision-making and long-term planning decision-making. It is the application of microeconomics in management practice, the bridge between economic theory and enterprise management decision, and provides analytical tools and methods for enterprise decision-making and management.

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