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Quizlet was founded in October 2005 by Andrew Sutherland, who at the time was a 15-year old student, [2] and released to the public in January 2007. [3] Quizlet's primary products include digital flash cards, matching games, practice electronic assessments, and live quizzes. In 2017, 1 in 2 high school students used Quizlet. [4]
[1] [2] In general, early theorists believed monetary factors could not affect real factors such as real output. John Maynard Keynes attacked some of these "classical" theories and produced a general theory that described the whole economy in terms of aggregates rather than individual, microeconomic parts.
Finance capitalism or financial capitalism is the subordination of processes of production to the accumulation of money profits in a financial system. [6]Financial capitalism is thus a form of capitalism where the intermediation of saving to investment becomes a dominant function in the economy, with wider implications for the political process and social evolution. [7]
Quantum finance involves applying quantum mechanical approaches to financial theory, providing novel methods and perspectives in the field. [40] Quantum finance is an interdisciplinary field, in which theories and methods developed by quantum physicists and economists are applied to solve financial problems. It represents a branch known as ...
[1] [2] The Research Papers in Economics project ranked him as the 9th-most influential economist of all time based on his academic contributions, as of April 2019. [3] He is regarded as "the father of modern finance", as his works built the foundation of financial economics and have been cited widely.
Chart of the world's gross domestic product over the last two millennia. The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic action that together facilitate international flows of financial capital for purposes of investment and trade financing.
Financial engineering is a multidisciplinary field involving financial theory, methods of engineering, tools of mathematics and the practice of programming. [3] It has also been defined as the application of technical methods, especially from mathematical finance and computational finance, in the practice of finance.
Myron Samuel Scholes (/ ʃ oʊ l z / SHOHLZ; [1] born July 1, 1941) is a Canadian–American financial economist.Scholes is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, Nobel Laureate in Economic Sciences, and co-originator of the Black–Scholes options pricing model.