Siheyuan: Starting from a fitter

Chapter 287 Professor Cheng’s first class
Until now, Li Guocheng only knew that the assistant's surname was Song, and he seemed a little quiet along the way, just to relieve the embarrassment.

"What is Assistant Song's name?"

"Song Rui," his tone was flat, and his emotions were not as good as those of Xiao Yi and Xiao Er in the secret realm.

"A good name, Rui means wise, far-reaching, and accessible."

The other party glanced sideways at Li Guocheng, and he accurately captured the meaning in his eyes, "boring."

Hi, Li Guocheng thinks it's interesting. The assistant is very proud.I wanted to tease her, but thinking about his current status, I had to give up and keep a gentle smile on my face.

Take the stairs to the second floor, and a 40-square-meter office appears in front of you.

"Mr. Cheng, this is the special office for visiting professors, and this is your desk," he said while pointing to a desk by the window.

"Thank you." Li Guocheng put his briefcase on the table, spread out the lecture notes he had written in the past few days, and lowered his head to study it.

Assistant Song smiled coldly in his heart. The men he met before saw her trying to strike up a conversation, or pretending to be deep to attract her attention.

She has determined that Mr. Cheng belongs to the latter group.

"Mr. Cheng, I'm in the office next door. I'll call you 10 minutes before class, and then we'll go to the classroom."

"Let's go 15 minutes earlier." Li Guocheng didn't even raise his head.

"Hmph, you did it on purpose," Assistant Song secretly cursed, "Okay, Mr. Cheng, I'll call you 15 minutes in advance."

"Managerial Economics" is a branch of economics. Managerial economics provides a systematic and logical analysis method for business decision-making.

These business decisions not only affect daily decisions, but also affect the economic power of long-term planning decisions. It is the application of microeconomics in management practice and a bridge between economic theory and business management decision-making.

It provides analytical tools and methods for enterprise decision-making and management. Its theory is mainly proposed around several factors such as demand, production, cost, and market.

I have been sorting out the lecture notes these days, and after reading the teaching materials provided by Xiangda University, I found that it is a pitfall.

The current basic theory of "Managerial Economics" at the University of Hong Kong is Keynesian economics.

It is a scientific theory in the context of the Great Depression in the 30s.Advocates dividing economics into two parts: microeconomics and macroeconomics.This scientific dichotomy had a profound impact on later economics.

The 70-year global economic "stagflation" phenomenon has led to a large number of corporate profits falling sharply or suffering serious losses.

Longhua Technology stood out from the "stagflation" of the global economy and achieved rapid accumulation of wealth. Some professors from their college analyzed this case many times and found no theoretical basis.

Coupled with the management talents who have gone out from Longhua Technology, they have indeed had immediate results in other companies.The dean of the School of Management simply invited the initiator.

He hoped to find a new economic theory from real cases, and those well-known professors did not want to be an auditor, so he arranged for Assistant Song.

Assistant Song is a staunch supporter of Keynesian economics. He is very reluctant to invite an entrepreneur who is not a Keynesian economist to give lectures at the University of Hong Kong.

Originally, she had prepared many questions to embarrass this ignorant boy during class, but the task given to her by the dean was to videotape the whole process and she was not allowed to question it.

Ten minutes later, Li Guocheng followed Assistant Song to the classroom and found that it was actually a ladder classroom. The classroom, which could accommodate 10 people, was actually full of people.

Assistant Song, with the help of several boys, installed video equipment in the middle corridor.

He stood on the podium and looked at the students below.

Most of the students looked curious, and some girls actually showed expressions of admiration, but there were a dozen students who were obviously different, with unruly expressions on their faces.

Li Guocheng sneered in his heart, waiting for you guys to watch.

The class bell rang, and Li Guocheng lightly knocked on the desk, attracting everyone's attention to him.

"Before the lecture, I would like to ask you a few questions. What is managerial economics? Ask the student in red in the middle of the third row to answer."

The classmate in red is one of those students who looks extremely unconvinced.

"How difficult is this? It is a combination of the basic principles of economics and mathematical analysis tools, and its worldwide application in business operations and decision-making. It is an interdisciplinary subject of economics and management."

His answer received applause from his classmates.He showed pride and looked at Li Guocheng provocatively.

"Okay, the answer is very standard, then you must know many decision analysis methods, please tell everyone."

"Um, I just read the beginning, and I'm anxious to read the rest." His arrogance obviously dropped a little, but then he thought about it, and when he was about to speak, Li Guocheng asked before he could speak.

"Hello, the classmate on your right, modern companies are using economic analysis tools, why are some companies making money, but some are losing money?"

"It must be a wrong decision."

The young man spoke in a very low voice, and the other unconvinced students all lowered their heads, afraid of being called out by Li Guocheng.

In fact, this is a very simple trick that many teachers will use.Most people are reluctant to speak in public, he is afraid of making a fool of himself.

When you think someone is a thorn in the class, ask him a few times and he will become honest.

Of course, if you meet a Lord who is not afraid of anything, then you can only ask for blessings.

"Okay, let's start the first lesson: decision-making.

Everyone has the textbook, so I won’t talk about the content in it. I hope you can find time to study on your own. You will have to take the final exam!

It's not in the textbook I want to talk about today, but it can also be said to be derived from the textbook.

Let me first talk about the impact of human resources on decision-making. . . "

The first class ended quickly, and 15 minutes later, the second class started on time.

"Next let's talk about the impact of finance on decision-making...".

When talking about manpower, Li Guocheng used the Jiugongge analysis method to analyze what the company's employees are best at doing.

When talking about finance, we also use Jiugongge to analyze what type of products the company is most profitable for.

Then based on the human and financial analysis results, combined with demand, market, production, and cost analysis to determine the product direction.

Finally, Li Guocheng put forward a concept of "managing the present".

"When we make a decision, don't plan for 10 or 20 years from the beginning. If anyone can make the right decision after 10 or 5 years, then he must be a god.

As ordinary people, we suggest that you first make a short-term plan based on the actual situation of the company, and make corrections while working.

Then 3 to 5 years later, without you making a decision, the future direction will appear in front of everyone.

We all study economics. There are many factors that affect the economy, and there is another important factor: time. It is unrealistic to make too long-term plans or decisions by considering the spatial factors brought about by natural changes.

Only by continuous accumulation, when the general trend in a certain direction rises, as managers, we only need to ride the wind.”

When he said this, there was thunderous applause.

Li Guocheng knew that he succeeded in the first class.

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(End of this chapter)