PPT-Economies and Diseconomies of Scale

IB Unit 17 GROWTH Learning Objectives By the end of this lesson students should be able to Evaluate PESTLE influences on a companys objectivesstrategies Understand the six different economies of scale businesses can benefit from. In reviewing possible explanations for this the article 57506nds unconvincing such common suggestions as declining terms of trade and rising restrictions to primary product markets abroad It suggests the most likely reason is these countries own dis How is a Centrally planned Economy Organized?. Direct contrast to free market economy. Central government answers key economic questions. Government owns factors of production, set quotas on what to produce. Growth and Evolution. How we measure growth of an established businesses:. Value of the firm. ’. s sales turnover (revenue). The firm. ’. s market share (sales revenue of the business as a percentage of the industry. The Nature of Business. Year Eleven – Semester one - Unit one. Roles of Business. Production. Employment . Careers. Enterprise. Investment. Production. Production is the process of manufacturing a product or providing a service. 5.3.2. Learning Outcomes. To understand the difference between internal and external growth.. To understand the main external means of growth — acquisition, merger and takeover.. To understand some of the costs and benefits of both internal and external business growth.. Valpy. FitzGerald. Global Economic Recovery:. The Role of China and Other Emerging Economies. Chinese Economic Association (Europe/UK) & University of Oxford. Oxford, 12-13 July 2010. Despite massive trade shock from G3 downturn, developing economies declined less and recovered better. How many NICs can you name?. Objectives for . 3 lessons. :. All will know reasons for the growth of economies in NICs and apply concepts to 21. st. century examples. Most will assess the role of NICs in globalisation. Peter . Lanjouw, . DECPI. PREM Knowledge and Learning Weeks. “Exploring the Intersections between Poverty and Gender”. World Bank, May 8, 2012. The principal problem. Scouring the data for insights. Economies. [ 2.3 ] Centrally Planned . Economies. Learning Objectives. Describe how a centrally planned economy is organized.. Distinguish between socialism and communism.. Analyze the use of central planning in the Soviet Union and China.. Economies and Diseconomies of Scale. Unit 2b. By Mrs Hilton . for . revisionstation. Lesson Objectives. To be able to discuss economies and diseconomies of scale. To be able to discuss average costs. Purpose. In the factory town model of chapter 1, firms were not attracted to locations where other competitors operated.. However, most firms are attracted to the locations of other firms. In this chapter we explore the forces that cause firms to locate close to one another in clusters.. 11: . Internal Economies of Scale. Overview. Introduction. Monopolistic competition: A review. Internal Economies of Scale:. Setting up the model. Adding in the trade. Conclusions. Introduction. A few lectures ago we talked about internal and external economies of scale…. Agglomeration Economies: Introduction. Firms cluster . in cities to . exploit external economies of scale in . production.. The two types of . agglomeration economies are:. Localization economies. Urbanization economies. Module 56. Behind the Supply Curve. Behind the Supply Curve. Costs and the Long Run. Firm’s short run fixed cost is variable IN THE LONG RUN. Way to frame it. The Short-Run is a snapshot of a firm’s day.