FCB Partners Webinar: Robots Are the Next BlackbeltsFCBPartners
Join FCB Partners' Brad Power and Bruce Miyashita as he reflects on the dramatic changes in technology that have occurred between 1988 and 2015, and how that has created a set of discontinuities in thinking and approach that many business people have yet to fully appreciate, much less determine how best to leverage.
FCB Partners Webinar: Robots Are the Next BlackbeltsFCBPartners
Join FCB Partners' Brad Power and Bruce Miyashita as he reflects on the dramatic changes in technology that have occurred between 1988 and 2015, and how that has created a set of discontinuities in thinking and approach that many business people have yet to fully appreciate, much less determine how best to leverage.
This is a presentation of the basic concepts in introduction to economics. This lesson is based on the book "Introduction to Economics" by Marc Lieberman and Robert Hall (1999*. This covers economics, scarcity and choice; the world of economics: microeconomics and macroeconomics; and positive and normative economics.
MAN BUILT CAPITAL comprises a whole range of things that mankind has developed over the years to make life better. The growth of knowledge over the past few hundred years has been remarkable, and this knowledge has been applied in all sorts of ways to improve quality of life. At the same time the amazing technology that has been created has also been used to do intentional damage. In addition the application of technology has also results in unintentional damage to the environment upon which everything depends.
Productivity which helps to make products available also results in unemployment and underemployment ... something not measured when business profits are computed and reported.
Society will be better off when there are better metrics that take into account not only the profit of the organization, but also the impacts on people and planet.
TVA p3 00 CONCENTRATION OF ECONOMIC POWER Peter Burgess
Concentration ... becoming bigger ... is a widely adopted policy to achieve more corporate profit and increase stock value. But while the impact on profit is good, the impact of concentration on society and the environment is not. Concentration results in less competition and while the big company gains, the consumer loses. Monopoly and oligopoly are the antithesis of efficient markets.
Name : Abuhorayara Fahad
ID : 161003026
Dept. : B.Sc in Textile Engg.
Green University Of Bangladesh.
D, 220 Bijoy Sarani Begum Rokeya Sarani Link Road, Dhaka 1207, Bangladesh
This is a presentation of the basic concepts in introduction to economics. This lesson is based on the book "Introduction to Economics" by Marc Lieberman and Robert Hall (1999*. This covers economics, scarcity and choice; the world of economics: microeconomics and macroeconomics; and positive and normative economics.
MAN BUILT CAPITAL comprises a whole range of things that mankind has developed over the years to make life better. The growth of knowledge over the past few hundred years has been remarkable, and this knowledge has been applied in all sorts of ways to improve quality of life. At the same time the amazing technology that has been created has also been used to do intentional damage. In addition the application of technology has also results in unintentional damage to the environment upon which everything depends.
Productivity which helps to make products available also results in unemployment and underemployment ... something not measured when business profits are computed and reported.
Society will be better off when there are better metrics that take into account not only the profit of the organization, but also the impacts on people and planet.
TVA p3 00 CONCENTRATION OF ECONOMIC POWER Peter Burgess
Concentration ... becoming bigger ... is a widely adopted policy to achieve more corporate profit and increase stock value. But while the impact on profit is good, the impact of concentration on society and the environment is not. Concentration results in less competition and while the big company gains, the consumer loses. Monopoly and oligopoly are the antithesis of efficient markets.
Name : Abuhorayara Fahad
ID : 161003026
Dept. : B.Sc in Textile Engg.
Green University Of Bangladesh.
D, 220 Bijoy Sarani Begum Rokeya Sarani Link Road, Dhaka 1207, Bangladesh
Similar to Economic goals, problems and concepts (20)
5. Scarcity
“Limited quantities of resources to meet unlimited
wants.”
Your wants are pretty much unlimited.
All resources, goods, and services are limited,All resources, goods, and services are limited,
however.
This means it’s impossible for all the wants to be
met.
PROF. NAMRATA MEHTA - LNCMT, SURAT. 5
7. Scarcity and choice
Scarcity and choice and opportunity cost
Scarcity and choice for firm
Scarcity and choice for societyScarcity and choice for society
PROF. NAMRATA MEHTA - LNCMT, SURAT. 7
8. Economic problems
Economics, then, tries to solve the problem of
scarcity.
How to determine and what to produce
Socialism - societySocialism - society
Communism – centrally
Capitalist- laissez faire
PROF. NAMRATA MEHTA - LNCMT, SURAT. 8
10. Land, Labor, Capital and enterpriseLand, Labor, Capital and enterprise
These have specific meanings in economics.
PROF. NAMRATA MEHTA - LNCMT, SURAT. 10
13. Capital
Human-made resources used to produce stuff or
provide services.
This includes things like buildings, factories,
equipment, computers, paper, copy machines, etc.equipment, computers, paper, copy machines, etc.
PROF. NAMRATA MEHTA - LNCMT, SURAT. 13
14. Enterprise
Makes sure all the 3 factors of production are co-
operating and organsied
PROF. NAMRATA MEHTA - LNCMT, SURAT. 14
15. Economic goals
Full employment of factors of production
Price stability
Inflation
Economic growthEconomic growth
Free trade with nations
“correct ” distribution of income
PROF. NAMRATA MEHTA - LNCMT, SURAT. 15
