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MUDRA: Journal of Finance and Accounting
Year : 2014, Volume : 1, Issue : 1
First page : ( 115) Last page : ( 123)
Print ISSN : 2347-4467. Online ISSN : 2395-2598.

Contributions of Social Studies of Finance to understand Modern-day Complex Financial Markets

Navin Nitin

Assistant Professor, Satyawati College (Morning), University of Delhi, Delhi

Online published on 6 February, 2018.

Abstract

Although finance traditionally has been the domain of economics, understanding the various forces shaping the performance of contemporary financial markets require the use of a variety of intellectual perspectives from across other disciplines. The present article attempts to discuss the contributions of ‘social studies of finance’ in studying and interpreting the modern financial markets and it's widely spread effects. This becomes of immense importance when conventional economics failed to express the social content of economic relations, and consequently to interpret the forces and conflicts at work in the economic process. This way, they help financial economics in framing and reframing it's theories to explain and forecast the market in a better way.

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Keywords

Social studies of finance, sub-prime crisis, financial markets.

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