06/05/10 1 Dedication This presentation is dedicated to Students Of BICSE -7 06/05/10 2 Non-technical skills and knowledge areas that an engineer should acquire 06/05/10…

Business Economics 1 What is economics? study of how people choose to use resources. Resources include the time ,talent of people, the land, buildings, equipment, and other…

This watermark does not appear in the registered version - http://www.clicktoconvert.com UNIT –I: BUSINESS ECONOMICS AN INTRODUCTION Lesson: 1 – BASICS OF ECONOMICS CONTENTS…

INTRODUCTION TO ECONOMICS Introduction: The term “Economics” is originally derived from the ancient Greek Word “Oiks” which means household and “Nemein” which…

1. The Scope and Method of Economics “ Economic is the science of the administration of scarce resources in human society.” 2. Readings Lange, Oliver.(1945). The Method…

Slide 1Chapter 1 - Managerial Decision Making Takesh Luckho Slide 2 What is Economics? ECONOMICS is the study of how society decides: What How For whom to produce... Slide…

Slide 1WHAT IS ECONOMICS ABOUT? Slide 2 ECONOMY We often come across statements such as “The government is attempting to reduce inflation and strengthen the economy”…

Course: BBA Subject: Business Economics Unit: I The word Economics is derived from the Greek words âOKIOS NEMEINâ meaning household management . Man is bundle of desires.…

1. UNIT-I INTRODUCTION TO MANAGERIAL ECONOMICS Imagine for a while that you have finished your studies and have joined as an engineer in a manufacturing organization. What…

1. Course: BBA Subject: Business Economics Unit: I 2.  The word Economics is derived from the Greek words “OKIOS NEMEIN” meaning household management .  Man is…