Knowledge management price determination

MEANING AND SCOPE OF BUSINESS ECONOMICS  January 16, 2010 – 10:55 am
MEANING AND SCOPE OF BUSINESS ECONOMICS. July 18, 2012 – 06:19 pm

MEANING AND SCOPE OF BUSINESS ECONOMICS

Business Economics is comparatively a new discipline. It is a special branch of Economics applied in business decision making. Business Economics means the application of economic theory to the problem of management. It is primarily concerned with the applicability of economic concepts and analysis to decision making in business.

The perspective of business economics is quite different from that of conventional microeconomics, in studying decisions.

The emphasis of business economics is on managerial economics, rather than on predicting the equilibrium position of an industry.

Business Economics thus lies on the border line of management and economics and serves as a bridge between the two disciplines. Moreover, a basic understanding of definitions and scope Economics is most essential for a greater understanding of business economics.

Definitions of Economics

The science of Economics was born with the publication, in 1776, of Adam Smith’s magnum opus, “An enquiry into the Nature and Causes of Wealth of Nations.” At its birth, it was baptized as Political Economy – and appellation which remained in use for nearly a century after its birth. No doubt, sporadic attempts were made in the early part of the 19th century to bestow new names upon it. Whately suggested Catallactics or the science of exchanges; Hearn called it Plutology or the science of wealth; and Ingram insisted on naming it as Chrematistics or the science of money – making. Despite these attempts, the original appellation of Political Economy continued to survive the early and the middle part of the 19thcentury. Towards the close of the century, however, there was a definite change from Political Economy to Economics. In this connection, it is worth remembering that the word ‘Economics’ was derived from the Greek words Oikos (a house) and nemein (to manage) which, in effect, meant managing a household, using the limited funds available in the most economical manner possible. Thus, the term ‘Economics’ was applied to a frugal use of one’s limited resources and the term ‘Economy’ to the manner in which a particular society organized its resources for the maximum production of desired goods and services.

Source: Morld Tech Gossips

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Okay, I'll bite! Please critique my resume

I know this is a lot of information in this resume however, I never send this complete resume out. I edit it and take out whatever does not apply/pertain to the position I am applying - fyi. Plus I can't show how mine is actually formatted which makes differnce also.
Qualifications
Offering over ten years of highly advanced experience in office management including, but not limited t...or the past 3 years.
· Converted out-of-date OS2 Warp system running Lotus software, to Windows running MS Office software. Managed the purchase and installation of new computers/software as well as coordinated all aspects of networking and installation on extremely limited budget. Complete project was managed with virtually no production down-time for staff.
(continued in next post)

HELP!! Does my resume SUCK?

Please check out my resume below.. does it SUCK or is it just REALLY bad out there right now?
ORION ATKINS
2065 Lombard St.
San Francisco, CA 94133
Home (415) xxx-xxxx (408) xxx-xxxx
Orion@3dayweb.com
QUALIFICATIONS
Program Management and Customer Service experience and success in the Electronics Distribution, Contract Manufacturing, Recruitment and Defe...u: Honor Fraternity, Lexington VA. 1979 – Present.
Member: Society of Logistics Engineers, Santa Clara Valley Chapter. 1983-1995
Board Member / Chairman: YMCA Camp Committee, YMCA Santa Clara. 1983-1995
Board Member: Muscular Dystrophy Association of Hawaii. 1996-1998
DOD: TS and CNWDI Clearances
DOL: EEOC Administrator
LMSC: Management Training Institute

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