Economy Professor

Finance and business economics

Economics was described By Adam Smith in The Wealth of Nations as the Science of Wealth. He proposed that the main purpose of economic activity was to acquire and increase wealth.

The economy was categorised between macroeconomics and microeconomics. Traditional macroeconomic issues consist of economy wide aspects such as growth, inflation, employment levels, interest rates and budget deficits. Microeconomics is sometimes described as a bottom up view of the economy and includes how individuals, households and firms make decisions on the allocation of limited resources and how that affects the demand for goods and services.

Finance and Business economics is part of microeconomics and deals with the financial choices of firms and commercial organisations and how they control and use their business resources.

We advise on the business management of financial resources to help firms source and secure the business finance and funding they need to grow and prosper.