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Yekaterinburg, Russia

Ural Federal University

Finance, Money Circulation and Credit

Language: English Studies in English

Subject area: economy and administration

University website: urfu.ru/en/

3 years

Finance

Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.

Wikipedia

Money

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Any item or verifiable record that fulfills these functions can be considered as money.

Wikipedia

Money

A lot of money goes to money-heaven.

Björgólfur Thor Björgólfsson, explaining the evaporation of paper wealth in the 2008–2009 Icelandic financial crisis (quoted in Iceland's vote gives UK little comfort).

Wikiquote

Money

It is when money looks like manna that we truely delight in it.

J. B. Priestly, Delight (1949), p. 134.

Wikiquote

Money

If you are different, you had better hide it, and pretend to be solemn and wooden-headed. Until you make your fortune. For most wooden-headed people worship money; and, really, I do not see what else they can do.

Oliver Heaviside, Electromagnetic Theory (1912), Volume III; "The Electrician", p. 1.

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Physical sciences, Earth sciences

Moving towards a low-carbon society

The transition to a low carbon economy by 2050 will involve irreversible step-changes in the cultural, economic and natural domains, with qualitatively different socio-economic configurations before and after. COMPLEX will develop new modelling tools for managing step-change dynamics by working across a wide range of spatio-temporal scales, and integrating the knowledge of many stakeholder communities, for example in respect of land-use change driven by carbon-related technologies.

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