1 / 6

The Basic Economics for Project Management — Fundamentals for Leadership

The Basic Economics for Project Management — Fundamentals for Leadership. UNEP Leadership Program Tong Ji University, Shanghai China September, 2005. The Basic Economics for Project Management. Prof. PENG, Yun E Professor of Economics, School of Economics and Management,

phong
Download Presentation

The Basic Economics for Project Management — Fundamentals for Leadership

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Basic Economics for Project Management—Fundamentals for Leadership UNEP Leadership Program Tong Ji University, Shanghai China September, 2005

  2. The Basic Economics for Project Management • Prof. PENG, Yun E • Professor of Economics, • School of Economics and Management, • Director, The World Bank Studies Center, • Director, US-China Business Development Center, Tong Ji University

  3. The Basic Economics for Project Management • What is Economics? Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people.

  4. Basic Economics for Project Management • Further definitions of Economics What exactly is the subject that the economists from Smith to Marx to the present generations have analyzed? The following are a few definitions of Economics:

  5. Basic Economics for Project Management • Economics asks what goods are produced, how these goods are produced, and for whom they are produced. • Economics analyzes movements in the overall economy-trends in prices, output, unemployment, and foreign trade. Once such trends are understood, economics helps develop the policies by which governments can improve the performance of the economy.

  6. Basic Economics for Project Management • Economics is the study of commerce among nations. It helps explain why nations export some goods and import others, and analyzed the effects of putting economic barriers at national frontiers. • Economics is the science of choice. It studies how people choose to use scarce or limited productive resources (labor, equipment, technical knowledge), to produce various commodities (such as wheat, overcoats, concerts, and missiles), and to distribute these goods for consumption. • Economics is the study of money, banking, capital and wealth.

More Related