The “Quantum Economics, Finance and Money” focus area is where we explore the potential impact of quantum technologies on financial and economic systems, including areas such as cryptography, security, and risk management. It also encompasses the development of new financial instruments and investment strategies that leverage quantum technologies.
The principles of quantum physics deal with the behavior of matter and energy at the atomic and subatomic levels. It was developed in the early part of the 20th century and has revolutionized our understanding of the fundamental laws of nature. Everything surrounding us, from single atoms to the universe’s evolution, including ourselves, is based on quantum physics. Despite being a branch of physics, “quantum principles” can be applied to other fields, including economics.
Quantum economics is an emerging field that aims to apply the principles of quantum mechanics to economic theory and policy. The basic idea is to use the mathematical and conceptual tools of quantum mechanics to model economic systems and analyze economic behavior, with the goal of developing new insights and strategies for promoting economic growth, stability, and sustainability.