Thursday, November 28, 2019
How to Tackle the Why NYU Essay Prompt (with Examples!)
Always dreamed of studying in the Big Apple at New York University? You better be able to put those dreams in words and explain why NYU is the choice for you. New York Universityââ¬â¢s application asks students interested in studying at their university for an additional writing supplement. Specifically, the prompt questions why applicants wish to pursue their study at NYU. Hereââ¬â¢s the exact prompt:We would like to know more about your interest in NYU. We are particularly interested in knowing what motivated you to apply to NYU and more specifically, why you have applied or expressed interest in a particular campus, school, college, program, and/or area of study? If you have applied to more than one, please tell us why you are interested in each of the campuses, schools, colleges, or programs to which you have applied. You may be focused or undecided, or simply open to the options within NYUs global network; regardless, we want to understand - Why NYU? (400 word maximum) Donââ¬â¢t be intimidated by the essay prompt. The essay prompt is long with a lot of details and questions, and you only have 400 words to address all those points. Breathe. The essay prompt provides you with these questions and details to help you brainstorm your answer. Many of them overlap and will help you get to the core of why NYU is the best place for you to pursue your interests and studies. Letââ¬â¢s break them down. - NYU Campus: New York University offers 3 degree-granting campuses around the world. Applicants can choose to apply specifically to one of them, or rank them by preference. The 3 locations are in New York, Abu Dhabi and Shanghai. If there is a specific campus youââ¬â¢re applying to, why? What made you decide to choose one over the other two locations? If you prioritized one over the others, what was the motivation behind that? - NYU School or College: On the New York campus, NYU houses 10 schools and colleges, giving prospective students a broad range undergraduate studies they can focus on. Even if youââ¬â¢re undecided on what major youââ¬â¢d like to study, you must choose a specific school or college to apply to. Here are the options: College of Arts and SciencesGallatin School of Individualized StudyLiberal Studies Core Program Meyers College of Nursing School of Professional Studies Silver School of Social Work Steinhardt School of Culture, Education and Human Development Stern School of Business Tandon School of Engineering Tisch School of Arts Choosing which school you want to apply to is akin to choosing which field of study you want to pursue. What experiences do you have that led you to choose your specific school? Why are you interested in your chosen field of study? - Focused or Undecided: Are you applying with a specific major or a specific field of study? Or are you undecided? You can choose to expand further on why your interests in a major by linking in your extracurriculars and academics. - NYUââ¬â¢s Global Network: If you are undecided and unsure what you want to study, why is NYU the place to go to help you discover your interests? This will give you the opportunity to dive into what you know about NYUââ¬â¢s student body and campus culture. And, how that aligns with the environment you want to be in. So, how do you tie all these points together in 400 words? Find a focus. Look at the rest of your application, and think what else are you missing from your application that you really want to emphasize. If youââ¬â¢ve already talked about your interest in your chosen major for your personal statement, then maybe thereââ¬â¢s something else you want to share. Whatever that focus is you want to highlight, how does it link to NYU? Thatââ¬â¢s the connection you want to show in this supplemental essay. Here are some examples: 1. Essay Example 1: Studying Sociology at NYU Nyudotedu, New York University ââ¬Ë19 ââ¬Å"I can think of no better place to study such phenomena than in New York City and at NYU. There are good reasons why the Sociology program at NYU was ranked one of the best by sociology.com. Not only does NYU offer a solid academic foundation, it also provides a place to conduct fieldwork that not many schools can match - namely, New York City. The department also invites speakers that cover diverse topics to show how sociology is applied to different fields of study. I think the seminars offered at NYU will help me see sociology from many different perspectives. Among the seminars offered at NYU last year, I would have definitely attended ââ¬Å"Should We Worry about inequality?â⬠and ââ¬Å"Cultural Durability and Social Change.â⬠If given the chance to attend NYU, I would take advantage of such seminars and workshops to add to my classroom knowledge.â⬠NYU essay excerpt 1 breakdown: In this excerpt of nyudoteduââ¬â¢s NYU supplemental essay, you can see how she demonstrates her interest in sociology, her knowledge of NYUââ¬â¢s sociology curriculum, and her intellectual curiosity. Her focus here is to further explain her chosen major and why she wants to study computer science at NYU. She not only points to NYUâ⬠s curriculum for why she wants to study sociology at NYU, but also to the schoolââ¬â¢s locationNew York City. She makes it clear that there is value for her to be in both NYU and NYC to pursue her studies. Additionally, she gives specific examples of the type of seminars sheââ¬â¢d join, thereby showing her continued interest outside of the classroom and knowledge of what NYU offers. She doesnââ¬â¢t go into detail about the courses, because she doesnââ¬â¢t have to. The admissions officers may know and can find out what those courses entail, and judging by the course titles, itââ¬â¢s another subtle opportunity for them to know she is as a student and person. Unlock nyudoteduââ¬â¢s NYU profile to read her full application essays and advice! 2. Essay Example 2: Diversity at NYU Ngozirebecca, New York University ââ¬Ë19 ââ¬Å"Iââ¬â¢ve been in love with you for quite some time now. As a young girl, I would admire you from afar, merely a schoolgirlââ¬â¢s crush, staring open-mouthed at your tall, glittering building and vibrant violet banners. As I grew older, my puppy love grew to look past the superficial and I fell hard. I saw the diversity of your student body, a melting pot of talent and intellect, and the care with which you taught them. When I saw you offered cross-school minors, I realized how dedicated you were to comprehensive education, and when I learned the sheer number of student groups available for participation, I realized that you embraced every one of your studentââ¬â¢s passions, no one was a ââ¬Å"freak,â⬠no one was alone. As I approach graduation and prepare to head out into the world on my own, I finally understand: We fit on another.â⬠NYU essay excerpt 2 breakdown: In this excerpt of Ngozirebeccaââ¬â¢s ââ¬Å"Why NYUâ⬠essay, she points out the reasons why NYU is a good fit for her, whilst being completely transparent with her growth and thought process. She demonstrates a sense of maturity in her essay, as she explains how her love and perspective of NYU has changed as she grew up. Sheââ¬â¢s able to show off her creative writing style, and share what NYUââ¬â¢s academics and student body can offer her. And, most importantly, what she can offer in return. Unlock Ngozirebeccaââ¬â¢s NYU profile to read her full application essays and advice! 3. Essay Example 3: ââ¬Å"NYU is creative and determinedâ⬠ShaneNYUStern, New York University ââ¬Ë19 ââ¬Å"ââ¬Å"Are you going to eat all that?â⬠asked another swimmer in the dining hall. ââ¬Å"Yup, one bite at a time,â⬠I told him. Thatââ¬â¢s how I approach things: consistently with determination and creativity. I have been swimming competitively since I was nine. For the past three years, I wake up at 3:50am and swim nine times a week. I am consistent. I am determined and fierce competitor. This past year, I found an outlet for my creativity. I competed as a member of Virginia DECA and won a state award, advancing to the international level and placing in the top 4-percent. NYU is creative and determined. It consistently produces alumni who are amount the best in their field. I hope someday to be one of them.â⬠NYU essay excerpt 3 breakdown: ShaneNYUStern to share more about himself and his characteristics in his supplemental essay. In this essay excerpt, he highlights his extracurricular achievements, varsity swimmer and DECA winner, what he learned from them, and how that ties in to his interest in studying at NYU. Unlock ShaneNYUSternââ¬â¢s NYU profile to read his full application essays and advice! Hope this was helpful for those of you finishing your NYU applications! Interested in reading these studentsââ¬â¢ full personal statements in addition to their full responses to the Why NYU supplemental prompt? Unlock all of them in one go with our Why NYU Package!Ourpremium plansoffer different levels of profile access and data insights that can help you get into your dream school. Unlock any of ourpackagesor search ourundergraduate profile databaseto find specific profiles that can help you make an informed choice about where to apply! We have 60,000+ successfulcollege application filesuploaded by college students. See how they got in, and how you can too!
Sunday, November 24, 2019
Pick College from California Which Meets Your Needs
Pick College from California Which Meets Your Needs There are more than 450 colleges available in California today. When choosing the best college or university, it is crucial to keep in mind several factors. The most important one is whether the institution is technologically equipped. Do you know what a connected classroom means? Modern technology has made it possible to provide educators with corresponding teaching materials and up-to-date information without any need to attend traditional libraries and search endlessly for textbooks and scientific journals. The only tools college students and teachers require today to get any information are their communication devices: from Android phones to iPhones and various tablets. Now, students from the South donââ¬â¢t have to worry that much when falling sick. They may collect all resources they need at a time thanks to the local network of their college or university and easy internet access. Use this important guide written specifically for students who are going to apply to college or university in California. We have analyzed both types of institutions: with traditional and e-learning classes to prepare this Top 5. Select Higher Education Institution Carefully ââ¬â Top 5 Choices California colleges and universities are among the most elite educational institutions in the world. The admission process is very competitive in every institution. A four-year education in California is valuable, but it is recommended to gain Masterââ¬â¢s or even Ph.D. degree. They increase chances of receiving a well-paid job with solid growth perspectives. Even if we speak about Bachelorââ¬â¢s degree from college or university in California, it is said that such degree will raise a studentââ¬â¢s earning powerà 108%à over those with a high school diploma or GED. Stanford For those of you who did not, this university which is considered one of the best higher educational institutions in the world is located here. With its high rankings, the acceptance rate is only 5.1%. Every year, this giant from California completes a variety of research projects and interconnected studies. You can learn more about universityââ¬â¢s research endeavors. There is a variety of programs available in six different areas of study: Business, Education, Earth Sciences, Engineering, Law, Medicine and Humanities Sciences. More than 95% of students live on universityââ¬â¢s campus. Thus, Stanford has a rich culture and powerful traditions. On the whole, this university from California State is ranked 4 on the list of all worldââ¬â¢s colleges and universities. There are 21 Nobel laureates among Stanfordââ¬â¢s personnel. When having bad times at college or university, it is recommended to use some professional online help from writers who know everything about being successful in academic writing. Claremont McKenna Here is another famous private place in California. There are six more institutions under the name of Claremont. The principles of local education are based on the best traditions of British and American colleges like Cambridge or Oxford. This university style college offers Bachelor of Arts in 33 various fields. Students can live and study on campus or choose to take satellite programs in Washington. Actually, the location does not matter as a student from any country may become part of this place. 97% of students live within the college. They love attending local beach and experiencing with the latest in-class technology. Number two in our list of Top California educational institutions is ranked 8 according to the U.S. News. Students can win free tickets to Malibu and adorable scholarship in the amount of $35,000+ when studying excellently. Pomona The list is basically made of colleges just like Pomona, but its level is more university like. When speaking about Claremont, all rights belong to Pomona as it is a head office. The campus is also huge and has a lot of international students on board. Just like any other university in California, Pomona is focused on liberal arts. It offers 47 areas to cover. The student population, however, is much less than Claremont or Stanford has. Students visit different countries as part of the education abroad program. Up to 400 endowment funds are guaranteed when it comes to financial aid and support. Some of the university grants are enough to cover trips to Malibu and other beautiful places next to Pacific. Pomona College ranked 5 in World Report. Just like in the case of the previous college in California, this one also has a faculty action equal to 8.1. University of California When we talk about Los Angeles and education, there is no way to ignore the role of the University of California, the best public institution around. Those lucky students who managed to get accepted and visit the college can select between 125 wonderful majors! Itââ¬â¢s definitely one of the best national US universities. A lot of its students participate in independent researches to prove overall academic situation in the native country and California in particular. Despite its size and location, the institution still has a really severe selection criteria. The application process is very competitive and complicated. Potential freshmen have to submit ACT or SAT scores along with powerful admissions essay and cover letter (not obligatory). An applicant with ACT scores of 28-34 and an average GPA of 3.89 might get lucky if his personal statement is also impressive. University of California undergraduates all have bright future. You can find out more about grants by reading an article dedicated to the University of Californiaà scholarship opportunities.à The University of California Alumni consists of Pulitzer Prize recipients, a Fields Medal winner, Nobel laureates, etc. It has the most applicants around the United States, so the competition is rather high. University of Southern California No more colleges ââ¬â the last two positions belong to one of the best universities in the US. Another location in Los Angeles is known as the University of Southern California (USC), and it comes along as a private higher educational institution oriented on research traditions. Its high rankings partially depend on the alumni made of Nobel laureates, National Medal recipients, National Academy Winners, and MacArthur Fellows. Please mind that in order to obtain major from this university, you have to successfully pass official transcripts, SAT or ACT scores and get acquainted with some other basic requirements. It is possible to become part of the team without having a high school diploma ââ¬â take SAT. All undergraduates are called to do their best to get institutional or departmental scholarships that are assigned based on the studentââ¬â¢s needs. 1/5 of the USC population consists of international students. Wonderful experiences in various fields are waiting for each undergraduate. The desired GPA should be no less than 3.73. Although it ranked only 25, the university is still a great choice among those who wish to live next to the Pacific and closer to Malibu and other famous beaches. As for the rest of top stateââ¬â¢s colleges, one may find: UC in Berkeley California Poly Pepperdine Occidental UC in San Diego UC in Irvine UC in Davis Chapman Point Loma Nazarene Loyola Marymount There are a lot of community colleges in California as well. These places guarantee unforgettable experiences for all those students who only plan to join popular university or college in California. E.g., it would be easier to survive strict selection process in UCLA if having an experience from one of the community colleges. It is amazing how close students can be to the beach and Pacific Ocean by still studying hard days and nights. California is a perfect location with the strong educational system. So, if you are ready to become a part of particular college, order your amazing personal statement from experienced online academic writers who used to study in similar colleges one day too.
Thursday, November 21, 2019
How Feminist Scholar Looks the Women of Color Essay
How Feminist Scholar Looks the Women of Color - Essay Example How Feminist Scholar Looks the Women of Color The feminist theory relies heavily on principles and understanding of feminism. These principles are based on the following beliefs that; Women should be handled in the same way as men in the society, that they are not inferior to men and that the main goal of feminism is bring out the issue of gender inequality being practiced on daily bases in the society. Discrimination based on oneââ¬â¢s race had existed in the US for a long time. Therefore, women were and are still viewed as facing discrimination from two angles; race and gender. Due to the many challenges that the women of color continue to face, Women of Color in US Society has been established to among other things try to come up with a alternative understanding of the social world (Zinn and Dill, 3). According to Combahee River Collective, Black feminism is founded on the fact of African American women continuous powered effort for survival and liberation. The strongly negative relationship between the African American women and the American political system as they put it, has been effected by their membership in two exploited and oppressed racial and sexual castes. This essay is going to look at how different feminist scholars look at the women of color from their own different approaches.Kimberle in her article, ââ¬Å"Mapping the Margins: Intersectionality, Identity Politics, and Violence Against Women of Colorâ⬠looks mostly in the violence against the women and especially the minority.
Wednesday, November 20, 2019
Online Marketing Essay Example | Topics and Well Written Essays - 1750 words
Online Marketing - Essay Example There are many components which influence consumer behaviour namely: cultural, social, personal and psychological (Kotler & Armstrong, 2001). These characteristics cannot be controlled by the companies; therefore, a need to assess these elements in order to create an effective marketing plan. Cultural factors include culture, subculture and social class which all exert the broadest and deepest influence on buyer behaviour. Culture is the most basic cause of the wants and behaviours of a consumer because it cultivates how a person chooses its values and learns its standards for achievement and success. Moreover, it varies from country to country and it can also have a shift within its own sphere which may cause a new product entry. On the other hand, subculture refers it the smaller groups of people who share the same value system and it can include nationalities, religions, racial groups and geographic regions. Many of these subcultures compose the important market segments for which products are specifically designed and marketed. Lastly, social classes are the divisions in a society composed of people who share similar values, interests and behaviours. These form the social class structure which exists in almost every society. It is not determined by a single component alone but a combination of different elements such as occupation, income, education, wealth and other variables. These social classes show individual product and brand preferences in areas such as clothing, furniture, cars and leisure activities. Social factors also influence consumer behaviour. It includes the following: small groups, family, social roles and status. Groups are two or more people who interact in order to accomplish mutual goals. Usually, these groups have their own opinion leaders who are the members of a reference group that wields influence on others because of various reasons such as special skills, knowledge and personality. Companies often use the opinion leader as the basis on how to properly execute its marketing strategy. The next social factor is the family which is considered as the most important consumer buying organization in a society (Kotler & Armstrong, 2001). There is a need to be constantly updated of the shifting roles of family members because each - father, mother, child - has a different role and influence on the purchase of goods and services. The last factors are roles and status. These factors refer to the positions held by each person in each of the groups he belongs to but they are completely different in definition. A role is composed of activities which people are expected to do in the group while status is the position which goes along with a role that reflects the general esteem accorded by society.
Monday, November 18, 2019
Balanced Scorecard in Performance Management Research Paper
Balanced Scorecard in Performance Management - Research Paper Example The concept of balanced scorecard was initiated by Kalpan and Norton at the beginning of 1990. The balanced scorecard is a strategic management tool used by organizations for the purpose of measuring their performance. While measuring the performance level it considers factors such as employee knowledge, customer satisfaction, and innovation of the company (Cambridge Dictionaries Online, n.d.). It provides ways to the organizations for balancing strategic priorities and other associated factors such as customers, finances, processes and people. The balanced scorecard also ensures that the performance standards at both individual and organizational level remain balanced (Houldsworth & Jirasinghe, 2006, p.143). It not only offers a framework for performance measurement but also enables planners to discover what must be accomplished and measured. A number of companies have therefore incorporated balanced scorecard into their system of operation, so as to facilitate effective and well-or ganized performance measurement system. These organizations with the help of performance management have been able to align their strategies & visions with the business objectives. In the context of the study, Boston Scientific Corporation has been chosen to assess how balanced scorecard can be utilized for optimal organizational performance. Hence before getting into a further discussion, a brief introduction of the organization has been presented in the next half of the project. Boston Scientific Corporation: A Brief Overview Boston Scientific Corporation manufactures and markets medical devices. The company was founded in the year 1979 and has its present base of operations in Natick, Massachusetts (Boston scientific, n.d.). Boston Scientific Corporation or BSC was founded by John Abele.Ã
Friday, November 15, 2019
Effects of the Government on the Economy
Effects of the Government on the Economy This essay articulates the principles, relationship between micro economic and macroeconomic by doing research in regard to this essay we can assume that government play a major role in economics such as price control, policies, increasing wages of employees and making decision in the market place however we can also assume economic policies are not influenced if they are not almost generally determined by acceptance of some of these mistakes. Perhaps the shortest and surest way to an understanding of economics is through segmentation of such errors, and particularly of the central error from which they stem. In addition economics is all about policies how society decides what, how, and for whom to produce. INTRODUCTION Human being intend to be able to solve living basic problem such as what goods and services to produce, how to produce these goods and services and for whom to produce these goods and services. Economics is the study of how society decides what, how, and for whom to produce. Economics is also about human behaviour we also could describe it as a science rather than a subject within the arts or humanities. This reflects the way economics analyse problems, not the subject matter of economics. Economist aim to develop theories of human behaviour and to test them against the facts moreover good economics retains an element of art, for it is only by having a feel for how people actually behave that economists can focus their analysis on the right issues. But what exactly is economics? Task1: Most modern definitions of economics involve the notions of choice and scarcity. Possibly the earliest of these is by Lionell Robbins in 1935: Economics is a science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. Virtually all textbooks have definitions that are derived from this definition. Although the exact wording differs from author to author, the standard definition is something like this: Economics is the social science that examines how people choose to use limited or scarce resources in attempting to satisfy their unlimited wants. Scarcity means that people want more than is available. Scarcity limits us both as individuals and as a society. As individuals, limited income (time and ability) keep us from doing and having all that we might like. As a society, limited resources (such as man power, machinery, and natural resources) fix a maximum on the amount of the goods and services that can be produced. b) Concept of opportunity cost: This concept of scarcity leads to the idea of opportunity cost. The opportunity cost of an action is what you must give up when you make that choice. Another way to say this is: it is the value of the next best opportunity. Opportunity cost is a direct implication of scarcity. People have to choose between different alternatives when deciding how to spend their money and their time. Milton Friedman, who won the Nobel Prize for economics is fond of saying there is no such thing as a free lunch. What that means is that in a world of scarcity, everything has an opportunity cost. There is always a trade-off involved in any decision you make. The concept of opportunity cost is one of the most important ideas in economics. Consider the question, How much does it cost to go to college for a year? We could add up the direct costs like tuition, books, school supplies, etc. These are examples of explicit costs, i.e., costs that require a money payment. However, these costs are small compared to the value of the time it takes to attend class, do homework, etc. The amount that the student could have earned if she had worked rather than attended school is the implicit cost of attending college. Implicit costs are costs that do not require a money payment. The opportunity cost includes both explicit and implicit costs. C) Microeconomics is the study of decisions that people and businesses make regarding the allocation of resources and prices of goods and services. This means also taking into income taxes and regulations created by governments. MicroeconomicsÃâà focuses onÃâà supply and demand and other forces that determine the price levels seen in the economy. For example, microeconomics would look at how a specific company could maximize its production and capacity soÃâà it could lowerÃâà prices and better compete in its industry. Macroeconomics, on the other hand,Ãâà is the field of economics that studies the behaviour of the economy as a whole and not just on specific companies, but entire industries and economies. This looks at economy-wide phenomena, such asÃâà Gross National Product (GDP) and how it is affected by changes in unemployment, national, rate of growth, and price levels. For example, macroeconomics would look at how an increase/decrease in net exports would affect a nationsÃâà capital account or how GDP would be affected by unemployment rate. While these two learning of economics appear to be different, they are actually interdependent and complement one another since there are many overlapping issues between the two fields. For example, increased inflation (macro effect) would cause the price of raw materials to increase for companies and in turn affect the end products price charged to the public. http://www.investopedia.com/ask/answers/110.asp Task2: In this particular task I am going to explain the existing relationship between demand and price also will be giving more detail related to market demand curve and factors affecting demand. According to some researchers demand can be defined as the quantity of a good buyers wish to purchase at each conceivable price, market demand could also be defined as a set of arrangements by which buyers and sellers are in contact to exchange goods or services. The relationship between demand and price describes the behaviour of buyers at every price at every particular price there should be quantity demanded the term quantity demanded makes sense only in relation to a particular price for example in everyday language we say that when the demand for a football match tickets exceeds their supply some people will not get into the ground. Demand curve shows the relation between price and quantity demanded the other things relevant to demand curves can usually be grouped under three groups: the price of goods, the income of consumers and consumer tastes or preferences. Price controls are government rules or laws that forbid the adjustment of prices to clear market for example high food prices mean considerable hardship for the poor the government would prefer to impose a price ceiling on food in order to help the poor to continue purchasing adequate food quantities. In order to be effective a price ceiling must be imposed below the free market equilibrium price therefore it is going to reduce the quantity supplied and lead to excess demand unless government itself provides the extra quantity required. The main factor affecting demand is consumer revenues; consumers intend to purchase a product in order to satisfy their due to their incomes however quantities of demand could increase as consumer incomes rise for example low income people satisfy their needs for clothes by buying low quality clothes as their incomes rise they switch to better quality clothes. Market demand curve is the sum of the demand curves of all individuals in that particular market by asking, at each price, how much each person demands. it also could the horizontal addition of individual demand curves Individual Demand Curve By looking at the graph we could what an important role price plays in the market therefore we can conclude in this demand of goods or services depend on the price and also on consumer incomes the graphs summarise the demand responses to changes in incomes it also show us the effect of income increases although income rises increase the quantity demanded of goods by consumers. Task 3: In this particular task I am going to explain how an equilibrium price and equilibrium quantity can be achieved and also the effects of excess supply, demand on market equilibrium. According to David Begg economic equilibrium is a state of the world where economic forces are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change. It is the point at which quantity demanded and quantities supplied are equal, for example, refers to a condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers. Price controls are government rules or laws that forbid the adjustment of prices to clear market for instance we can assume that when price controls are maintained for many years they may have further repercussions. For example many countries have imposed rent controls limiting the rent a landlord can charge for accommodation. Countries such as the UK have had price ceilings for many years in the rental market in also failed to raise insignificant amount with the inflation therefore many private landlord have quit the business. There are many reasons why government wish to intervene in a free market to set prices as a result prices are set the market forces ( where demand and supply vary) but in some cases government will need to set prices for different products. For instance the European Union EU has used minimum prices for farmers it is also could be argued farmers incomes are too low therefore minimum prices can be used to increase prices above the equilibrium however the government decided to have price controls in farming to encourage farmers to supply as much as possible. This graph show us the existing relation between equilibrium price and demand and also how an equilibrium price and equilibrium quantity can be achieved however we could conclude on this task that equilibrium price is the price at which the quantity demanded by consumers and the quantity at which companies offer services and goods . Task 4: Perfect competition: Economist definition of perfect competition is different from the meaning of competition in everyday usage in economic theory a perfect competition can be defined as a description of markets such that no participants are large enough to have the market power to set the price of a homogeneous product. Because the conditions for perfect competition are strict, there are few if any perfectly competitive markets. Still, buyers and sellers in some auction-type markets say for commodities or some financial assets may approximate the concept. Economic markets in many sectors can be described by the term oligopoly this is where few producers dominate the majority of the industry and the market, perfect competition operate on a number of different assumptions. Economist also assumes there a number of a different buyers and sellers in the marketplace this could lead to a perfect competition in the market which could allow price to change in demand and supply. Perfect competition can be characterized by many sellers and buyers, many products that are similar in nature and as a result of many substitutes, for example in a perfectly competitive market a single firm decide to increase its selling price of a good, the consumers can just turn to the nearest competitor for a better price, affecting any firm that increases its price to lose market share and revenues. According to Stanley Fisher An oligopoly is a market dominated by a few producers, each of which has control over the market. It is an industry where there is a high level of market concentration. However, oligopoly is best defined by the conduct (or behaviour) of firms within a market rather than its market structure. Characteristics of oligopoly can be by competition other than price. Price wars , cutting prices in the market where all large firms tend simply to lead to lower profits, changing little market shares, instead , oligopolistic companies intend to charge relatively high prices but also compete through promotion and advertisement but existing firms can be safer from new companies entering the market because entry barriers to the market are high, for example existing successful brands have a number of a products considerably promoted in the other hand it will be difficult for a new company to establish its own new brand in the market. This graph show us how important perfect competition is in the market in order to launch new product firms will need to follow some entry barriers and have some requirements and follow government policies such price control. Task 5: In this particular I am going to give an explanation and evaluation of what is meant by Keynesian, Monetarist economics: According to Keynesian theory, some microeconomic-level actions if taken collectively by a large proportion of individuals and firms can lead to inefficient aggregate macroeconomic outcomes, where the economy operates below its potential output and growth rate. Such a situation had previously been referred to by classical economists as a general glut. Keynesian economics: during recession periods when aggregate demand is insufficient, monetary and fiscal expansion can boost demand, product and employment in 1930 Britain was partly pulled out the slump of Keynesian policy of government heavy spending on rearmament as the threat of war loomed however in the three decades after 1945 governments of both political parties in Britain attempted to implement the Keynesian policy in order to manage the level of aggregate demand but some of the policy did not work perfectly . In the decade after 1965 both inflation and unemployment grew fairly steadily which build up inflation proved to be a costly after effect Keynesian policies. Today we are more doubtful about the success of the activist period of 1950 and 1960. Keynesian economics proceeds on the assumption that price level given but what can happen if the price level change for example when the economy is near full employment and there is no longer space capacity to make companies think before raising price of products or increasing wages of their employees. On the other hand Keynesian government should be able to tackle unemployment issues otherwise effects of unemployment could reduce production of goods. According to Monetarism theory the governments proper economic role is to control the rate of inflation by controlling the amount of money in circulation. It is the view within monetary economics that variation in the money supply has major influences on national output in the short run and the price level over longer periods and that objectives of monetary policy are best met by targeting the growth rate of the money supply . Finally we can conclude that there is much about which all economists agree but there are some important differences of opinion, both in the positive economics of how the world we are living actually works and in the normative economics of how the government should behave in the market. Due to market power economist intend to play a role in the market by solving problem faced by consumers such as price rises therefore they intend to have price ceiling for each product and I have learn economic is just not a science subject it is there to reconcile the conflict between people virtually unlimited demand with society limited ability to produce goods and services to fulfil these demands.
Wednesday, November 13, 2019
Gay, Lesbian and Bisexual Issues - Vermontââ¬â¢s Permission of Same-sex Marriage :: Argumentative Persuasive Topics
The Irrationality of Vermontââ¬â¢s Permission of Gay Marriage This essay explains the rationale behind the Vermont decision - and its effect upon conservative groups especially. In December of 1999, the Supreme Court of Vermont decided that it was, on balance, a violation of the Constitution of Vermont to withhold from couples of the same sex the benefits that flow to married couples. But the court did not think it proven that the laws on marriage had been animated by any intention to discriminate against women, lesbians, and gays in the way that other laws, in the past, had discriminated against blacks. The laws in Vermont were meant to secure marriage, or to establish marriage as the proper setting for sexuality, not to saddle people with disabilities. But just why legislators in the past bore such convictions-or whether those convictions were any longer defensible-the judges did not think they were in a position any longer to say. Nevertheless, they recognized that it was portentous to install, on their own, a novel form of marriage. A move of that kind, they admitted, "may have unforeseen and disruptive consequences." They refused to hold then that the "plaintiffs are entitled to a marriage license." The judges declared, instead, that "judicial authority is not ultimate authority," and so they put back, in the hands of the legislature, the question of whether couples of the same-sex might receive the benefits of marriage without having the union described as a "marriage." The decision in Vermont set off alarms in the community of conservatives, with broadsides fired off once more against "judicial activism." But a closer look at the text of the decision yields a slightly different response: Yes, and yet no; it is not as bad as it appears-but it may be even worse. The judges would no doubt bridle at the charge of judicial activism, but their surprise would only confirm just how deeply the premises of that activism have penetrated. For the judges may no longer even be aware of how much they have detached themselves from any constraints contained in the constitutional text, or in the principles of jurisprudence themselves. Consider what the judges offer earnestly as the ground of their judgment in this case-the so-called Common Benefits clause of the Vermont Constitution, which reads: That government is, or ought to be, instituted for the common benefit, protection, and security of the people, nation, or community, and not for the particular emolument or advantage of any single person, family, or set of persons, who are a part only of that community.
Subscribe to:
Posts (Atom)