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Farooq Ahmed: Instructor Economics Virtual University of Pakistan

The document discusses the four industrial revolutions throughout history from the 18th century to present day. It also outlines the key technologies of the current fourth industrial revolution such as robotics, artificial intelligence, and the internet of things. Furthermore, the document discusses the economic impacts of digitalization and provides examples of how Pakistan is implementing e-governance services in sectors like telecom, banking, and postal services.

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51 views

Farooq Ahmed: Instructor Economics Virtual University of Pakistan

The document discusses the four industrial revolutions throughout history from the 18th century to present day. It also outlines the key technologies of the current fourth industrial revolution such as robotics, artificial intelligence, and the internet of things. Furthermore, the document discusses the economic impacts of digitalization and provides examples of how Pakistan is implementing e-governance services in sectors like telecom, banking, and postal services.

Uploaded by

aimal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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FAROOQ AHMED

INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
First Industrial Revolution
 18th to 19th centuries in Europe and
America
 The iron and textile industries

FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
Second Industrial Revolution
 1870-1914
 Steel, oil and electricity
 Electric power to create mass production
 telephone, light bulb, phonograph and the
internal combustion engine

FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
Third Industrial Revolution /
Digital Revolution
 The era started during the 1980s and is
ongoing
 advancement of technology from analog
electronic and mechanical devices to the
digital technology
 personal computer, the internet, and
information and communications
technology (ICT).

FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
Fourth Industrial Revolution
 The Fourth Industrial Revolution is
marked by emerging technology
breakthroughs in a number of fields,
 Robotics , artificial
intelligence, nanotechnology, quantum
computing, biotechnology, The Internet of
Things (IoT), 3D printing and autonomous
vehicles.
 The word 'Fourth industrial revolution'
was first used in 2016, by World
Economic Forum

FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
 Removal of Black Economy:
 Increase in Revenues:
 Empowerment to People
 Paves the way to e-governance
 Creation of new jobs:

FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
 Consumer Behaviour in digital
environment
 Firm Behaviour in the digital
environment
 Market structures and competition
in the digital economy

FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
 Economic Growth (GDP)
 Unemployment
 Inflation
 Globalization

FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
 “Managerial economics
refers to the application of
economic theory and the
tools of analysis of decision
science to examine how an
organization can achieve its
objectives most effectively.”

FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN
 E Governance
 Telecom Sector
 Information Technology
Parks
 Pakistan Post Office
 Pension Payment
 Online Banking

FAROOQ AHMED
INSTRUCTOR ECONOMICS
VIRTUAL UNIVERSITY OF PAKISTAN

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