[Jabberwocky]

If you're anything like me this class is a major bore... Okay I have a project I need to do about how microeconomics effects a company (must be a really known company)... whatever that means. Well I was going to use either Disney or a computer gaming company... If yanyone can give me any advice on where I can get info or what the hell my teachers talking about here or any advice on these or another company with microeconomics please post about it or the site... thanks a ton!

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You come to love not by finding the perfect person, but by seeing an imperfect person perfectly.

[DaveT]

I think this site works www.ergonomics.com I had to use it for school work but i never got round to checking if the site worked.

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Currently DaveT is big pimpin, spendin some G's=http://www.stas.net/dfb]http://www.stas.net/dfb[/URL]

[shahar2k]

uhm... ECOnomics, not ERGOnomics...

I can't quite remember what is included under Micro-econ and what's under Macro-econ

if you reminded me I could probably remember

[shahar2k]

oh, memory jolt, I think microeconomics is like the suply/demand of an individual company, like when microsoft has low sales due to ram prices being high, and less computers selling.... so on... I liked Econ in highschool... if you want, I could ask my friend who's an Econ major

[Jabberwocky]

Cool that would be awsome... I need a well known company with stats about it... I have no clue where to start... and Mircosoft I used for my last project...

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You come to love not by finding the perfect person, but by seeing an imperfect person perfectly.

[shahar2k]

hmm, alright well big fluck up, uhm... my friend isn't an econ major, oops
I was just led to believe that talking to his brother...

but hey, if you still want help with that assignment, I've got no problem helping... (heh I've got two sisters who're younger than me, I help them with their homework EVERY day )
I'm still up for helping you out if you want
I wouldn't use Disney, they are... too damn big. I think just about anything in the economy affects them. some game company (publisher or developer) would proabbly be better. anyways, I'm on UIN 7001326 or AIM shahar2k if you want, my computer's on longer than I'm near it though. but sure if you need any help I'm willing and probably able.

[Jabberwocky]

Cool... I was thinking of using something like 989 Studios or 3D FX or Adobe or maybe even something like Linux... something I know some about... I just have no clue where top start looking for info on the subject....

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You come to love not by finding the perfect person, but by seeing an imperfect person perfectly.

[This message has been edited by Jabberwocky (edited October 26, 2000).]

[shahar2k]

*disclaimer*
you might wanna verify anything I tell you with either a teacher, or somone who's likely to know more than me, cus my econ class was 1 semester 2 years ago....
*disclaimer*

now here-goes-it
in my oppinoin, a good company to use would be 3Dfx mainly cus it's hardware that's for a specific market (PC gamers with unsmooth games ) anyways, they sell very few products allso, which makes it easy on you, you have to find out what's involved with their products, such as how things like other companies affect 3Dfx's sales, and costs (production, support, whatever they expend money on)
as to where you could look for info... well, their stock site, I think
their stock

their site

uhm well what's the actual assignment? (how's it worded?)
I'm really not sure what Kind of info you'r looking for?

[Jabberwocky]

I have no clue what the hell I'm doing... he's a first year teacher and I haven't been in the class for the last 4 periods. But any info will help... so thanks.

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You come to love not by finding the perfect person, but by seeing an imperfect person perfectly.

[Jonno]

Microeconmic yeah has to do with the supply side of things. It is aimed at improving efficiency, productivity, flexibility, promote competition, innovation and research and develop and such.
I just did a big final Economics test. But we did it more from the government perspective and its implementation of microeconomic reform, plus we study for the Australian economy.
I dunno how the US is doing things here but the micro policies that affect companies here are such as deregulation, reduction in industry assisstance and protection (this is a world wide trend too)(they are trying to reduce tariffs, subsidies and such protectionist barriers. So any import/export Us companies are most likely going to be affected by this. APEC industralised countries are supposed to abolish tariffs by 2010.
So thats my advice, try checking out a import/export company.
Hope this helps, email me at [email protected] if u need anymore help.

[Carl]

How microeconomics affect a firm:
A firm's microeconomics can be analysed by some basic economical terms. I prefer the following:
Average cost (the average cost of unit sold)
Marginal cost (the extra cost of additional cost sold)
Marginal revenue (the extra revenue of additional cost sold)
The cost side is affected by the cost of Capital (machinery, computers...), Labour (wages, recruitment costs...), Land (rent...), Technology (investments...)
The revenue side is affected by the size of the market, the fragmentation status of the market (is it a monopolisitic market), the business cycle, and some other variables.
So, as you might guess, MR and MC will equal in a perfectly competitive environment, but, in real world there is room for some monopolistic profits.
For further reading; Economics Explained by S. Dunn (I think (was I while ago I read it)
- So, my hangover already feels much better !

[Jabberwocky]

*smiles and nods*
Okay?!?!?! Yeah some of that helps you guys... I just need statics of a known company. Like the increase and decrease of sales and demand.... I think that's what he wants....

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You come to love not by finding the perfect person, but by seeing an imperfect person perfectly.

[Jabberwocky]

Man shahar2k if I knew where you were I would kiss you... those Yahoo sites were what I was looking for... damn I feel so stupid now! Oh well thank you so much... I post what I get on the project when I get my grade back...

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You come to love not by finding the perfect person, but by seeing an imperfect person perfectly.

[shahar2k]

ooh!
please deliver all kisses to my adress listed in my profile,

heh anyways, glad to have helped I guess
now if only somone could assist me with my computer which decided all of a sudden to freeze (quite literaly) every 5 minutes if any program relating to art is run (photoshop/illustrator/painter) not very good for somone who uses those programs for both work school and play.

[Matt Elder]

Rule Number 1: The only thing you ever really need to know in economics is the supply and demand curve. Just about every question I've ever seen in economics can be dervived from this stupid (yet highly effective graph).

Micro - small (individual companies and industries)
Macro - big (large government policies and issues that affect the whole economy)

Draw up a supply and demand curve. Two parts:

1) Supply - talk about the factors that will affect the supply of goods to the company. As always, price but consider other factors (type of technology the firm deals with, methods of supply ie just in time, etc).

2) Demand - talk about factors that will affect the firms demand for goods supplied. There is always price.

Disney is a bit big and you might have some problems. Choose a smaller company. If computer games, supply will be more of the 'supply of labour' as a large proportion is more intellectual property. Demand for the 'supply of labour' will be dervived from the demand that a company thinks it's game will be at the end of the day. If the company wants to get the product out in a hurry, the demand curve will be more inelastic as they want the labour, and will be less likely to argue about the cost of it if it is critical to get the game out in a hurry.

Is this making any sense? (email me directly if you have specific question).



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See ya on da flip side
Matt
http://www.mattelder.com