Use of computer in economics

for the presentation of students

1. Starting with the great name of Allah, who is most merciful and beneficent…..

2. USE OF C0MPUTER IN ECONOMICS Presentation topic:

3. Computer Stands for : C: COMMON O: OPERATING M: MACHINE P: PURPOSELY U: USED for T: TECHNOLOGICAL and E: ECONOMICAL/EDUCATIONAL R: RESEARCH  

4. COMPUTER: Machine or device Perform operations Calculations Electronic communication Under the control of a set of instructions

5. Device is used to make  machine  operations smooth. Every  device is not a machine. MACHINE DEVICE COMPUTER Machine is anything which reduces human effort . Every machine is a device

6. ECON0MICS:   Economics   is a social science that deals with the production, distribution, and consumption of goods and services.

7. Uses of computer in economics USE OF COMPUTER IN BUSINESS RISE OF DOT/.COM COMPANIES ELECTRONIC TRADING USE OF COMPUTER IN FINANCE USE OF COMPUTER IN BANKS

8. Use of Computer in Small businesses : O ne or two person can easily manage. Top T wenty small business… Website Design. ... Online Tutoring … “YouTube" to earn.

9. Use of computer in scalable businesses: C an be expand. “I.T” DEPARMENT new research and information

10. Use of computer in large companies : To manage large date. To communicate. To make document. To save employer information.

11. 1.To manage large date. Calculation Dealing with large data “OFFICE MANAGEMENT PROGRAM” “MS. Excel” “MS. Access” “MS. Word” “MS. Access” : is use to store office information) “MS. Excel” : is use spreadsheets to calculate large data) “Ms. Word” is use to make document

12. 2. To communicate or to deliver their ideas: In large companies share their ideas and visions To get full attention imaginations good entrepreneurs To deliver their ideas and visions properly. A large number of entrepreneur work with different business software's.

13. 1.Pie chart 2.Bar chart

14. W hen we talk about machine use to produce output. As in definition we say that computer is a device and Device is  used to make  machine  operations smooth. Computer is normally use to operate machine in industries by aromatic function Example: printing machine, packing machine , Filtering

15. ADVERTISEMENT INVENTORY MANAGEMENT CUSTOMER RELATIONSHIP MANAGEMENT HUMAN RESOURCES MANAGEMENT PAYROLL SYSTEM

16. Dot/. com Companies: The increased use of the internet in the 1990s Dot com types “lastminute.com” & “boo.com” arise

17. ELECTRONIC TRADING: in 1986 The London Stock Exchange The introduction of Algorithms Buy and sell Algorithm Trading follow certain instructions

18. USE OF COMPUTER IN FINANCE: Ease of communication Spreadsheet software Data storage Programmed transactions

19. Ease of Communication Financial decision makers are able to send financial reports and strategies instead of holding meet. The use of email also enables financial professionals to inform other departments and consumers of key policy changes, such as price modifications on products and goods.

20. Spreadsheet Software Spreadsheet applications are used to run day-to-day financial tasks, such as compiling financial data, presenting the data in an organized manner through the use of charts and graphs, drawing budgets and calculations of complex transactions. This application comes with computer programs, such as Microsoft excel.

21. Data Storage   Computers enable organizations to store large amounts of files in a small space, allowing us to have a large track of historical transactions. Keeping financial records is critical for organizations, as well as individuals, as it allows tracking of payment records, debts owed, purchases done.

22. Programmed Transactions: Most finance departments utilize accounting applications, such as QuickBooks, to perform financial transactions. These programmed applications enable an organization keep track of financial operations and also conduct complex transactions effortlessly without consuming a lot of time. Organizations can purchase software depending on nature of work; other applications include Grant Management application and payroll software.

23. Uses Of Computer In Banking: Banks Uses a wide range of Computer To Carry Out day to day operations. Computers allow banking person to efficiently Carry out transactions Process customer need F orecast future trends P repare internal and external reports C ommunicate with key participants To generate profit.

24. THANK YOU STAY BLESSED