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University of Hail

University of Hail. Department of Computer Science & Software Engineering Software Engineering Economics (ECON 403). Mahdi H Miraz. Email: m.miraz@uoh.edu.sa Room: Portable-4, Room- 2 ECON403: Section 001 (Boys) Section 101 (Girls). Economics. what exactly is economics?

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University of Hail

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  1. University of Hail Department of Computer Science & Software Engineering Software Engineering Economics (ECON 403)

  2. Mahdi H Miraz • Email: m.miraz@uoh.edu.sa • Room: Portable-4, Room- 2 • ECON403: • Section 001 (Boys) • Section 101 (Girls)

  3. Economics • what exactly is economics? • Is it “what economists do”?

  4. Economics • "a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing. Thus it is on one side a study of wealth; and on the other, and more important side, a part of the study of man." - Alfred Marshall

  5. Economics • "Economics is a science which studies human behavior as a relationship between ends and scarce means which have alternative uses." - Lionell Robins

  6. Economics • "Economics is the social science that examines how people choose to use limited or scarce resources in attempting to satisfy their unlimited wants." • or "Economics is the study of how resources are used to produce and distribute commodities and how services are provided in society."

  7. Classification of Economics • Microeconomics • Macroeconomics

  8. Money • What is MONEY? • Is Economics the science of Money?

  9. Software Engineering • What is Software Engineering? • A collection of theories, techniques, and tools which enable fallible humans to design, construct and maintain large software products in a reliable and cost effective manner

  10. Software Engineering Economics • What is SEE? • What will we learn in this module?

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