Final Economics Presentation 1213465465146

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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