final economics presentation 1213465465146
TRANSCRIPT
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ECONOMICSECONOMICS
PRESENTATIONPRESENTATION
BY:-
MAYANK KUMAR JAIN
KESHWANAND PANDEY
NEHA CHAVAN
HIMAKSHI MENDI
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SARASWATI COLLEGE
GLOBAL SUPER MARKETS
INDIAN TWO - WHEELERS
MARKETS
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Reduction in subsidy by UGC leads tofee hike
of colleges.
Negative reaction on UGC decisionby Saraswati college.
SARASWATI COLLEGE REACTSSARASWATI COLLEGE REACTS
TO UGC DECISIONTO UGC DECISION
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For same quality of education 100%fee hike.
(75% on an average + 25% onmaintenance)
DISCUSSIONS B/WDISCUSSIONS B/W MANAGINGMANAGING
COMMITTEECOMMITTEE && PRINCIPALSPRINCIPALS
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Students protest
Principals statement
MEETING B/W STUDENTSMEETING B/W STUDENTS
UNIONUNION
& MANAGING COMMITTEE& MANAGING COMMITTEE
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3 GROUPS DEPENDING UPONGROUPS DEPENDING UPON
REACTIONSREACTIONS
Group 1 Less Reactive.
Group 2 More Reactive.
Group 3 1% hike in Fee, a fall in1.2% ofenrollments.
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Group 1(Commerce, Economics and Management) Inelastic
y0 < |Ep| < 1
DD curve
x Students of Group A
Fe
e s
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Group 2 (English, Mathematics, and Mathematical Statistics)Elastic
Y1 < |Ep| < oo
DD curve
x Students of Group B
Fe
e s
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Law of DEMAND(Implication):Increase in the fees of any course,leads to the decrease in number ofstudents.
Movement along the curve
X
P2
Y
P1
X2 X1
FEES
.o of students
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To maintain the quality of education.
To prevent reduction in facilities &faculties.
Introduction of new popular courses. Eg :- Insurance, Financialjournalism etc.
Reputation of college.
COUNTER-ARGUMENT WITHCOUNTER-ARGUMENT WITH
STUDENTSSTUDENTS
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ECOND CASEECOND CASE
HE GLOBAL SUPER MARKEHE GLOBAL SUPER MARKE
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Economic Policy followed by India till1980.
Emergence of New Economic Policy(NEP) 1991-1992.
Aim of NEP.
CONOMIC POLICY
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national economic strategy to build up a domesticconomy by emphasizing the replacement of imports by
.omestically produced goods
POLICIESOLICIESIMPORT SUBSTITUTION
EXPORT PROMOTIONncentive programme designed to attract more firms
nto exorting by offering help in product and, -arket identification and development pre shipment
- , ,nd post shipment financing training payment, , ,uarantee schemes trade fair trade visits foreign
, .epresentation etc
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Wide Range of products.
Easy availability.
Competitive price.
FFECTS ON CONSUMER DEMANDFFECTS ON CONSUMER DEMAND
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Between Local markets and Globalsuper markets there is not much
difference for rational consumersand hence they will prefer value for
ATIONAL CONSUMER PREFERENCE
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Local and MNCs are the activeplayers.
Wide Variety of choice.e.g. Soaps, Detergents, etc.
is very high.
Buyer is the
UYERS MARKET
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X
P2
Y
P1
X2 X1 X1X2
P2
P1
X
Y
PRICE
PRICE
TY DEMANDED TY DEMANDED.Before 1991 i e before NEP .After 1991 i e after NEP
LASTICITY OF GLOBAL SUPERMARKETS
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Options/Substitutes.
Income.
Technology.
Taste and preferences.
Marketing and PromotionalStrategies.
EMAND OF LOCAL MARKETS ANDLOBAL SUPERMARKET
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Study of demandfunction
NDIAN TWO WHEELER MARKET
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1995-98 Industrial slowdown in India
The two-wheeler industry defied uniform
performance.
Segmentation of wheelers: Geographical: Urban and Rural demand
Income: Urban The demand is from lower-middle
and lower income group. Rural The demand is from the rich , upper
middle and lower middle income
groups.
ITUATIONS
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High in Young people in metropolis.
In semi urban and rural areas it isacross all categories.
Gender: It is prevalent among bothmales and females inwestern,central,south- centralpart of India.
In other parts of India
scooter riders are generallymales.
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The demand in urban areas was high,but steady.
Being in easy reach for common man
the demand for two-wheelerincreased.
People from middle - income levelgrowing at impressive rate.
Result of govt. support policy
Growth in per capita real income maderural area a huge market for two
wheelers.
EMANDANALYSIS
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Price
Technology
Income
Favorable Government Policies
Geographic conditions.
Demand
d1
d2
s1x
y
ACTORS AFFECTS ON DEMAND
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The norms in India are one of thestrictest in the world.
Manufactures have to be very careful
while manufacturing engines.They have to meet international
standards.
Domestic manufactures stand to gainif they go in for joint ventures orforeign collaboration.
Role of JV.
OLE OF MANUFACTURES
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HANK YOU