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1、Meeting # 2Class Discussion: 1. 10 Principles in Economics 2. Economics, microeconomics macroeconomics, economics models,etc. 3. Profits. Theory of profits II Presentation1. Individual Presentation - presenters on May 29th - see me for comments 2. Group Presentation 1. Managing for Creativity - pres

2、enting on May 29 th - let me see your framework - after the class/by appointment1. Managing for CreativityFinancial & Human capital are crucial for business success Other capitals? ( cultural, , etc.)2. Make human capital creative generate maximum creativity, provide opportunities for employees to b

3、e creative thinkers, managers to spark creativity, customers as source of creativity!3. es creativity/increase innovation, efficiency, productivity, profit, etc. Managing for CreativityManagement for increasing creativity1. Help Workers Be Great - create environment for creativity - provide various

4、events/activities2. Managers role is for sparking creativity - managers activities/works for creativity - provide various events/activities3. Keep Customers Satisfied - Creative customers provide creativity4. Yours own suggestions for creativity ? Managing for CreativityPresenting your modelPresenti

5、ng frameworkDiscussing the relationships in the FrameworkDefine all the variables usedPanel discussion/ at least 2 presenters at a time ? Creative & innovative presentation!Note: Reading insight flow chart model III. Food for Thought “ Always Keep Your Nose on the Grindstone.” “ Dream and Make Your

6、Dreams Come True.”IV Flashback1. Economics of person2.Dreams ( as goals, ambitions, directions: ( achievements, destinations, power, etc)3. Talents/ Passions5. Working experience6. Family/ future businessV.PreviewTrade off Costs, opportunity costMarginal analysisIncentivesTradeMarketV Preview7. Govt

7、8. Productivity & standard of living9. Money & Inflation10 Philips CurveVI.The case of India as a global economic powerWhat are the first and second largest economies?China is export-driven. What does it mean ?What is Chinas domestic consumption ( C) as percentage of GDP ? VIThe case of India 4. Wha

8、t does it mean domestically directed economy ?5. What is the saving rate in China ?6. What factor has a big influence in high saving rate in China ?7 What are the effects of minimum wage increase by 20%-30%?VI The case of India8. What is the policy in foreign investment that Western companies are re

9、sisting ?9. What are the expected e of this policy?10.What is the e of one-child policy ?VI The case of India 11. What is the Indias population compared to that of China ?12. Why is age distribution in India better than that of China ?13What did India get from British Colonial rule ? How is it impor

10、tant ? How is it different from China ?The case of India as a.14. Why does China not grant resident status to farmers who move to urban area for job ?15. How are Indian companies different from Chinese companies ?16 What are the natural bent of Indians ?The case of India as a. 17. Why do foreign com

11、panies outsource service from India ? How is outsourcing important for India economy ?18 Compare Indian saving rate to that of China ?19 How is the Reserve Bank of India different from the People Bank of China ?20. What does BRICS stand for ? 21. Who is the prime minister of India ? Class workVII Class work on” Measuring Happiness “ 1.What is a major indicator of overall ec

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