 This module explains why it is important to learn what is financial economics? So basically when we have when we are working somewhere or we have some money or we have inherited some money Or we have saved some money So it is important for us to understand and to know nicely that what are the possible ways in which I can invest my money so that I can get the maximum benefit out of it So financial economics has a lot of benefits The first benefit is that you can do a better financial management You can give advice to your family members or friends Basically, the benefit of financial economics is that you get help in understanding it or you make rational decisions That whatever funds we have or not For example, if you are operating a firm and you are short of cash You don't have cash, you don't have money for investment Again, a proper better understanding of financial economics will help you How can you meet the deficit in the funds so that you at least have to pay for it You have to give at least interest and you can get the maximum benefit So it basically helps you in managing your personal resources in a better way Second important thing is that when you are trying to do some sort of business Or you try to understand how any business operates or you have to expand in the world Or if you are just trying to operate your business in the local market Then you can make a better decision with the help of financial economics You can maximize your profits, your benefits and your returns Third important benefit is that basically if you have developed a proper and a better understanding of financial decision-making allocation of funds You can analyze the financial markets and the movements in them in a better way So you can take a very good career as a financial analyst or as a financial expert You can recommend people or you can join in a promising financial analyst career or any kind of expert career Another important benefit of learning financial economics is that as a citizen of a country Or in a society when you have to participate in terms of taking any decision or choosing a better leader for yourself Or if you have to make a contribution in making a policy Then how do you operate a financial sector or a financial system And what would be the repercussions of any decision on the individual and the whole society If you have a good understanding of it Then you can make a better decision on the national level or the local level or the society Plus, another big advantage of learning financial economics is that it helps you in understanding in a better way what is going on For example, if the state bank of Pakistan increases the interest rate or decreases the interest rate Or any banks tell you some kind of sharia that we have changed our sharia or softened it or tightened it Or international trade is going on and different things are happening If you have a good understanding of financial economics on all these things Then you can better understand all these things So these are the basic advantages of studying financial economics that it basically Even if you are not a businessman and you do some work in some government service Then it helps you because whatever financial decision making is Better understanding of financial economics will help you in making better financial decision making So that is going to help you to handle your financial matters in a better way You can resolve them and make your decision making with a good understanding