PRINCIPLES OF MARKETING and APPLIED ECONOMICS
PRINCIPLES OF MARKETING and APPLIED ECONOMICS
PRINCIPLES OF MARKETING and APPLIED ECONOMICS
1. OVERVIEW OF MARKETING
2. STAGES OF MARKETING THOUGHT
3. WHAT IS MARKETING
4. MARKETING
5. UNDERSTANDING THE MARKETPLACE AND CUSTOMER NEEDS
Customer Value and Satisfaction Expectations
Selecting Customers to Serve
Marketing Management Orientations
6. 4 PS OF MARKETING
7. COMPANYWIDE STRATEGIC PLANNING
Strategic Planning
Designing the Business Portfolio
Analyzing the Current Business Portfolio
Developing Strategies for Growth and Downsizing
CHAPTER ONE
CHAPTER THREE
1) MARKETING
2) TRADITIONAL CONCEPT MARKETING
3) SEVERAL DISTINCT TRADITIONAL APPROACHES
4) GOALS ARE DIFFERENT FROM OBJECTIVES
5) KEY PERFORMANCE INDICATOR
6) DEVELOPING MARKETING GOALS
7) SWOT Analysis
Objective
Introduction
History of SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
APPLIED ECONOMICS
1. DAY 1 Introduction to the science of Economics and the transition from pure economics to
applied economics
Definition of Applied Economics
Concept of Scarcity
2. DAY 2
Microeconomics vs. Macroeconomics
Methods of Economics
Tools that are used for Economic Analysis
3. DAY 3
Ten principles of Economics
People always face trade-offs
The cost of something is what you give up to get it
Rational people think at the margin
People respond to incentives
Trade can make everyone better off
Markets are usually a good way to organize economic activity
Governments can sometimes improve market outcome
A country’s standard of living depends on its ability to produce goods and services
4. DAY 4 Scope of Economics
Sub-Branches of Economics under Microeconomics
Sub-Branches of Economics under Macroeconomics
Applied Sciences under /related to Economics
Classical
Keynesian
Marxist
Austrian