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A
PPT PRESENTATION ON
“TECHNO ECONOMICS”
Department of Electrical Engineering
Poornima Institute Of Engineering & Technolo...
Contents
 Introduction
 Technology
 Economy
 Economic Development
 Role of the entrepreneur
 Role of Entrepreneurshi...
INTRODUCTIONINTRODUCTION
What Is Techno Economics ?
The Term Techno Economic is
combination of two different words i.e.
T...
What is Technology ?What is Technology ?
 Technology is comprised of the products
and processes created by engineers to m...
Needs vs. WantsNeeds vs. Wants
 Needs – what people
must have to live.
Food , Clothing ,Shelter
 Wants – the
things we w...
ECONOMYECONOMY
 Economy is concerned with the
production, consumption, distribution
and investment of goods and services....
Economy(Contd.)-Economy(Contd.)-
1.Micro-Economics:-
Study of economy at individual or small
level
2.Macro-Economics:-
S...
ECONOMIC DEVELOPMENTECONOMIC DEVELOPMENT
 “Development is a multi dimensional
process involving changes in social
structu...
 Economic development consists of the
reduction or elimination of poverty,
inequality and unemployment within
the context...
ROLE OF THE ENTREPRENEURROLE OF THE ENTREPRENEUR
 An innovator who combines technical innovations
and financial finesses....
ROLE OF ENTREPRENEURSHIPROLE OF ENTREPRENEURSHIP
IN ECONOMIC DEVELOPMENTIN ECONOMIC DEVELOPMENT
 Introduction of new good...
FEASIBILITY ANALYSISFEASIBILITY ANALYSIS
 Feasibility analysis is the process of determining
whether a business idea is v...
Role of feasibility analysis in developingRole of feasibility analysis in developing
successful businesssuccessful busines...
BENEFITS OF TECHNOLOGYBENEFITS OF TECHNOLOGY
1. ABLE TO PERFORM
EVERYDAY TASKS
FASTER
2. ABLE TO PROCESS
INFORMATION,
MANA...
DRAWBACKS OF TECHNOLOGYDRAWBACKS OF TECHNOLOGY
1. HEALTH &
DEVELOPMENT MAY
BE ADVERSELY
AFFECTED
a. PHYSICAL INACTIVITY
b....
DRAWBACKS(Contd.)-DRAWBACKS(Contd.)-
2. DAMAGE TO THE
ENVIRONMENT
 OBSOLESCENCE
 A STATE OF
USELESSNESS.
 AS THIS TREND...
DRAWBACKS(Contd.)-DRAWBACKS(Contd.)-
3.TOO EASY TO SPEND
VIA INSTANT
ACCESS TO CASH
AND CREDIT AND
TO ONLINE
PURCHASING
 ...
DRAWBACKS(Contd.)-DRAWBACKS(Contd.)-
4. TOO MUCH PRESSURE
ON OTHER FAMILY
RESOURCES
 TIME STRAINS
 MONEY STRAINS
DRAWBACKS(Contd.)-DRAWBACKS(Contd.)-
5. PERSONAL PRIVACY MAY BE THREATENED.
DRAWBACKS(Contd.)-DRAWBACKS(Contd.)-
6. FAMILY LIFE MAY
BE THREATENED
a. HIGH TECH EQUIPMENT
DOES NOT ENCOURAGE
FAMILY INT...
The Business Project Life-CycleThe Business Project Life-Cycle
Initiation
Planning
Implementation
Closure
Monitoring,Evalu...
Queries ???
Thank You
“ Scientist discovers that which exists. An engineer creates that
which never was”
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Techno economics

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Techno economics

  1. 1. A PPT PRESENTATION ON “TECHNO ECONOMICS” Department of Electrical Engineering Poornima Institute Of Engineering & Technology ISI-2,RIICO Institutional Area, Goner road,Sitapura,Jaipur-302022 Presented By :- ANIL KUMAR KUMAWAT EE,PIET
  2. 2. Contents  Introduction  Technology  Economy  Economic Development  Role of the entrepreneur  Role of Entrepreneurship in Economic Development  Feasibility Analysis  Benefits & drawbacks of technology  Business project life-cycle
  3. 3. INTRODUCTIONINTRODUCTION What Is Techno Economics ? The Term Techno Economic is combination of two different words i.e. Technology & Economics It deals with the Impact of Technology on Economics or in another words we can say that how economy is being affected by technology Techno Economic is shows the good as well as adverse effects of technology on economics
  4. 4. What is Technology ?What is Technology ?  Technology is comprised of the products and processes created by engineers to meet our needs and wants.
  5. 5. Needs vs. WantsNeeds vs. Wants  Needs – what people must have to live. Food , Clothing ,Shelter  Wants – the things we would like to have, but can live without.
  6. 6. ECONOMYECONOMY  Economy is concerned with the production, consumption, distribution and investment of goods and services.  Economics is the social science that studies economic activities.  Types of economics :- 1.Micro-Economics 2.Macro-Economics
  7. 7. Economy(Contd.)-Economy(Contd.)- 1.Micro-Economics:- Study of economy at individual or small level 2.Macro-Economics:- Study of economic system as a whole. Ex.-study of Indian Economy.
  8. 8. ECONOMIC DEVELOPMENTECONOMIC DEVELOPMENT  “Development is a multi dimensional process involving changes in social structures, popular attitudes, and national institutions, as well as the acceleration of economic growth, the reduction of inequality, and the eradication of poverty.”
  9. 9.  Economic development consists of the reduction or elimination of poverty, inequality and unemployment within the context of a growing economy.  In economic terms, development is the capacity of a nation to generate and sustain an annual increase in its GNP (Gross National Product).
  10. 10. ROLE OF THE ENTREPRENEURROLE OF THE ENTREPRENEUR  An innovator who combines technical innovations and financial finesses.  Important role in producing competitive products, processes, and services.  Generation of new employment  Local and regional economic development  Improved allocation of resources and transfer of technologies
  11. 11. ROLE OF ENTREPRENEURSHIPROLE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENTIN ECONOMIC DEVELOPMENT  Introduction of new goods and products  Introduction of new processes and methods of production  Opening up of new markets  Opening up of new sources of supply  Industrial re-organization
  12. 12. FEASIBILITY ANALYSISFEASIBILITY ANALYSIS  Feasibility analysis is the process of determining whether a business idea is viable.  It is the preliminary evaluation of a business idea, conducted for the purpose of determining whether the idea is worth pursuing.  Feasibility analysis takes the guesswork (to a certain degree) out of a business launch, and provides an entrepreneur with a more secure notion that a business idea is feasible or viable.
  13. 13. Role of feasibility analysis in developingRole of feasibility analysis in developing successful businesssuccessful business ideasideas
  14. 14. BENEFITS OF TECHNOLOGYBENEFITS OF TECHNOLOGY 1. ABLE TO PERFORM EVERYDAY TASKS FASTER 2. ABLE TO PROCESS INFORMATION, MANAGE AND KEEP RECORDS BETTER 3. HELPS PEOPLE GATHER INFORMATION, LEARN, ENJOY ENTERTAINMENT AND COMMUNICATE
  15. 15. DRAWBACKS OF TECHNOLOGYDRAWBACKS OF TECHNOLOGY 1. HEALTH & DEVELOPMENT MAY BE ADVERSELY AFFECTED a. PHYSICAL INACTIVITY b. “COCOONING” =TOO MUCH TIME ALONE WITH A COMPUTER LEADING TO LONELINESS AND ISOLATION
  16. 16. DRAWBACKS(Contd.)-DRAWBACKS(Contd.)- 2. DAMAGE TO THE ENVIRONMENT  OBSOLESCENCE  A STATE OF USELESSNESS.  AS THIS TREND INCREASES DUE TO TECHNOLOGICAL CHANGES, THE RESULT IS A LOT OF TRASH.
  17. 17. DRAWBACKS(Contd.)-DRAWBACKS(Contd.)- 3.TOO EASY TO SPEND VIA INSTANT ACCESS TO CASH AND CREDIT AND TO ONLINE PURCHASING  MAY LEAD TO FINANCIAL CRISIS
  18. 18. DRAWBACKS(Contd.)-DRAWBACKS(Contd.)- 4. TOO MUCH PRESSURE ON OTHER FAMILY RESOURCES  TIME STRAINS  MONEY STRAINS
  19. 19. DRAWBACKS(Contd.)-DRAWBACKS(Contd.)- 5. PERSONAL PRIVACY MAY BE THREATENED.
  20. 20. DRAWBACKS(Contd.)-DRAWBACKS(Contd.)- 6. FAMILY LIFE MAY BE THREATENED a. HIGH TECH EQUIPMENT DOES NOT ENCOURAGE FAMILY INTERACTION b. CONSTANT COMPETITION FOR USE OF THE TECH AT HOME c. FAMILY TIME IS REPLACED WITH INDIVIDUAL TIME SPENT WITH TECH
  21. 21. The Business Project Life-CycleThe Business Project Life-Cycle Initiation Planning Implementation Closure Monitoring,Evaluation& Control
  22. 22. Queries ???
  23. 23. Thank You “ Scientist discovers that which exists. An engineer creates that which never was”

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