Economics is the study of how societies allocate scarce resources to satisfy unlimited wants. It explores decision-making by individuals, businesses, and governments, focusing on production, distribution, and consumption of goods and services. Key concepts include scarcity, supply and demand, and the role of incentives.
A Diploma in Banking and Finance equips individuals with the knowledge and skills necessary for careers in the financial sector, specifically in banking and related areas. These programs typically cover topics like financial accounting, banking operations, risk management, and financial analysis. They prepare students for roles as financial advisors, loan officers, bank managers, and more