HISTORICAL AND PHILOSOPHICAL ASPECT OF THE DEVELOPMENT OF FINANCIAL ECONOMICS AS A SCIENCE

This article is devoted to the consideration of the evolution of financial economics as a science and as an academic discipline. It is determined that financial economics is closely related to philosophy, which played an important role in its formation. Philosophical approaches have become the basis for the development of key concepts related to the nature of financial resources, risk management, the formation of financial systems and their ethics. This allows for a deeper understanding of financial processes and the integration of this knowledge into a broader socio-economic and cultural context. Financial economics is a part of economic science that represents theoretical and applied knowledge about the regularities of the functioning of financial flows and the formation of financial relations between all economic entities. It has been proven that financial economics is a whole system of concepts, methods and notions that are widely used in all spheres of human activity. The main ones are the following areas of their activity: the production sector, stock markets, currency markets, state management of the economy. Financial economics focuses on the relationship between financial variables, such as stock prices, interest rates and exchange rates. It has two main areas: asset pricing and corporate finance. It has been determined that the modern financial economy is a set of various financial markets, among which the monetary and foreign exchange markets, the financial services market, the underlying securities market (stocks and bonds), as well as the fictitious and speculative capital market, the core of which are derivatives and financial instruments derived from them, occupy a special place. It has been proven that economic globalization and the strengthening of economic ties bring the system of financial relations and financial instruments to the forefront in the economic regulation of society.