Finance
Knowledge Skill
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics,which is the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance.
Finance DC Examples
| DC | Task Difficulty | Example Task |
|---|---|---|
| 5 | Very Easy | Calculate the total cost of a small shopping list. |
| 8 | Easy | Assess the market value of common goods. |
| 10 | Simple | Manage personal finances and create a basic budget. |
| 12 | Moderate | Evaluate the potential profit of a small business venture. |
| 15 | Challenging | Navigate complex tax regulations to maximize returns. |
| 18 | Difficult | Analyze economic trends and predict potential market shifts. |
| 20 | Formidable | Successfully negotiate a trade agreement or business contract. |
| 22 | Heroic | Manage the finances of a large business or oversee a complex investment portfolio. |
| 25 | Legendary | Create and implement economic policies that positively impact a region or nation. |
| 28 | Mythic | Manipulate the economic landscape to achieve unprecedented wealth or power. |
| 30 | Impossible | Develop and implement a financial system that revolutionizes the world economy. |