Macroeconomics :: Economy Economics Essays

Macroeconomics â€Å"How might a country go about lowering its NAIRU? What are the welfare implications of so doing?† In tackling this question, we will adopt a theoretical approach in the sense that we will focus on an economy and explain the determinants of NAIRU as well as the policy options. But it seems logical to first introduce the concept of NAIRU, or the non-accelerating inflation rate of unemployment, which will be interchangeably used with the â€Å"equilibrium rate of unemployment†. According to Carlin and Soskice , the central concept of equilibrium unemployment can be defined as â€Å"the rate of unemployment at which the expected real wage that results from wage-setting decisions is equal to the real wage implied by price-setting decisions†. Stiglitz argues that the NAIRU is used as a theory to understand the causes of inflation (predicting the changes in inflation rates) and is important because it enlightens the relation between unemployment and increasing inflation. The NAIRU corresponds to the rate of unemployment which is consistent with an unchanging inflation rate, and further reflects how the economy behaves out of equilibrium. Unless employment is at equilibrium level, inflation will increase or decrease until it reaches the NAIRU, the level of output and employment at which inflation is constant. In fact, Stiglitz explains that when unemployment is below the NAIRU, real wages demands are greater than the amount firms are willing to pay. At equilibrium, the behavior of wage-setters is compatible with that of the price-setters. His point is indeed that â€Å"if NAIRU exists, it must be changing over time† . What is more, Stiglitz identifies four phenomena that can change the NAIRU, namely changing demogra phics of the labor force, the productivity growth becoming more in line with worker expectations, an increase in the competitiveness of the labor and product market (through greater openness and trade), and finally hysterisis, which says that a higher NAIRU will generate an even higher one. He also discards the theory according to which productivity rate affects the equilibrium rate: productivity only has a temporary influence through the â€Å"wage-aspiration† effect. According to Altig and Gomme , the NAIRU is thought to represent a â€Å"speed limit† for economic activity: â€Å"it measures a nation’s sustainable production capability†. If the economy grows faster than its resources can support over the long-run, that is when the unemployment rate falls below the NAIRU, then price pressure builds and inflation rate accelerates.

Boys will be boys Essay

Boys need care and support also when they are growing up, but it seems their behavior is required more rigidly. When boys come to the age of 10 or 11, they are required to behavior like a man. A boy who is scared in the dark or left alone at such a young age will be laughed, he will be said sissy. The traditional way asked boys mislead them to be pretend to be man-like. They have to be independent exactly when they need love and support from parents, they get no comfort or care when they get hurt. All of which at last lead to a pathological for the boy who can’t handle it well. Boys suffer from the way people rewire them, they are emotionally expressive, but a long time to repress their real feelings lead to a higher rate of crime or suicide, smoking and alcoholics in boys than girls. If boys go against their heart for a long time, they can’t act who they are for a long time, they get no help or guide, psychological problems will come into being instead. For example, a boy who lost his father in an early age, in his heart he desires the love from his father or from a man. But he should behave like a man to avoid being laughed by others while he is so weak, he has no one to talk this desire, so that as the desire become stronger and stronger, most cases, he becomes a gay. At last, boys should be taken care of in a different way from girls. The rigid idea that boys should behave like a â€Å"big boy† every moment should be considered carefully. Maybe when the boys really get the opportunity to be themselves, there will be less crime and suicide. No matter how he behaves, just follow the voice from the heart. Let the boys be who they are, more acceptance and love is need for who they are.

Social Media Is A Big Invasion Of Privacy - 915 Words

Social media has taken over the modern day world. It has helped us to communicate, share information, keep in touch, etc. We often forget about the problems it causes. Social media causes ethical dilemmas such as violations of misrepresentation, privacy, cyber bullying, and spying. Social media sites such as Facebook, Twitter, Instagram, and Snapchat have made the world what it is today. Although, social media helps us tremendously, we have to be very careful that we do not abuse it. In the article â€Å"Ethical Dilemmas Faced in Content Marketing,† Dr. Jim Barry writes that social media is a big invasion of privacy. He states that social media includes â€Å"non-permissive approaches taken by a marketer to disclose profile information as well as the sharing of sensitive personal information through channels that could exploit or otherwise harm the individual’s standing. Advertisers break your online privacy to develop new ways to promote products. They find a way to match your interests to the sites that show up on your screen. They keep a close eye on your social media behavior. Sites like Twitter work with cookies which are small files stored in a computer that enable tracking the user across different sites. They can track you and gather information about what you are doing a social media web page. Social networks are changing the relationships between people. â€Å"Basement-inhabiting creeps† are sitting in front of their computer screens silently watching your everyShow MoreRelatedData Protection and Customer Privacy743 Words   |  3 PagesThe media, trade bodies and academia has created a large buzz around the Data Protection and customers’ privacy in the recent years. The consequences of the issue raised are different legislation policies, self-regulation, and general confusion. In order to be discussed, this controversial topic should be looked at from two different perspectives: customers’ one and direct marketers’ one. From customers’ point of view, direct marketing is undoubtedly an invasion of their privacy. Consumers feel intimidatedRead MoreThe Censorship Of The Media1665 Words   |  7 Pages Privacy in the Media In addition, the media is in an especially complex situation regarding the current concept of privacy regarding the proper use of technology and due to the numerous ethical issues, that arise from sensationalist media practices. First, the invasion of privacy can be justified by uncovering vital information that serves public interest to be considered ethical journalistic practice (Plaisance, 2014, p. 187). However, while there is less ethical merit in providing the publicRead More The Internet, Technology, and Privacy Essay examples954 Words   |  4 Pages Privacy on the Web has become a growing concern among Americans due to tracking and social profiling of users and their online habits. Government, businesses, web platforms and their advertisers are collecting users online data on a daily basis through various techniques which could be used for study, security, and economic advantage. According to â€Å"The Danger of Big Data: Social Media as Computational Social Science,† smaller bits of user shared data can potentially be combined together toRead MoreCensorship Of Public s Privacy1321 Words   |  6 PagesV. Free Speech Coalition (00-795) 198 F.3d 1083, affirmed,2002) In the 21st century, technology has advanced significantly, making invasion of privacy much easier and much more common. Thus, due to the government’s implementation of censorship in society today, the invasion of public’s privacy is a much greater issue. As a result of the invasion of the public’s privacy, human rights are constantly violated, which directly causes anger within the public body towards the government. To begin, manyRead MoreThe Flight From Conversation, By Sherry Turkle850 Words   |  4 PagesSocial networking is a way for people to communicate, spread news, and advertise. Social networking has changed the way people interact. As young adults, we tend to spend many hours on social media sites such as, Instagram, Facebook, and twitter. As people spend a large amount of time on social media, Interaction with other people has become effortless and they experience less face-to- face conversations. Social media plays such a big role in our everyday lives that some people cannot imagine notRead MoreAttention Getter : How Many Of You Guys Have Heard Of Edward Snowden?1231 Words   |  5 Pagesrecords can be easily accessed by a home computer. Some believe this has benefits, while others are screaming about invasion of privacy STATE THESIS (Should/ Should not): The Internet has revolutionized the world by innovating the way we access our information, but our private information is been invaded and share without our consent. MAIN POINTS: †¢ As Americans citizens privacy is a fundamental Human Right and its concerning when our rights are violated. †¢ Government monitoring us and gatheringRead MoreEffects Of Social Media On Employees1542 Words   |  7 Pages Effects of Social Media Lately, there has been an uprising issue concerning prospective employees being required to provide the passwords to their social media accounts on job applications. The issue is causing lots of uproar for employers searching for employees. Many people seek jobs because they are in need of the income, so those people can’t afford to let their personal decisions and opinions affect their job opportunities. Yuki Noguchi the author of the article â€Å"Can’t Ask That? Some Job InterviewersRead MoreSurveillance And The National Security Agency1729 Words   |  7 Pagesdifferent things such as people, where they go, who they talk to, private information, and so much more. Surveillance and security in the United States has also changed significantly since September 11th, 2001. The National Security Agency also plays a big role in surveillance and security today and it has come a long way. The National Security Agency, also known as the NSA, was created on November 4, 1952, by President Harry S. Truman. It was created during World War 2 to try and decode codes from theRead MoreThe Internet And Its Effects On Our Lives1631 Words   |  7 Pagesby interests, that way advertisers buy those lists and know which consumer is interested in what product. But is Big Data really that bad? And what can be done to regulate Big Data? People themselves should make the most important step towards the regulation of Big Data: prevent the further information leakage. And also, the government should think about establishing laws that concern Big Data. Web search engines record every click that users are making on the Internet. They know users’ IP addressRead MoreSocial Media Is Not The Only Reason For The Privacy1699 Words   |  7 PagesPrivacy, it is the one thing that we seem to not have enough of. But the question must be asked, â€Å"Whose fault is that?† The answer is quite simple, ours. Social media is the number one cause of lack of privacy. It is something about social media that make us loose our sense of reason and place all sorts of personal information on the Internet for all the world to see. But, social media is not the only reason for the privacy breech. There are many reasons, and computer hackers are just one. Our email

Grapes of Wrath Analytical Essay - 887 Words

One Can Help Several Defeat Despair When the devastation of Dustbowl hit the families in Okalahoma, chaos erupted. In the book The Grapes of Wrath, John Steinbeck prevails a story of tragedy and struggle, but also the conquering of triumph. Each character in this novel individually matures, however Ma Joad’s development is the most significant. She is the threshold of the family’s well being. Through all the obstacles the Joad family faced, Ma grew in strength and drive as well as maintaining the family’s faith and hope for future success. Ma is a hardheaded and stubborn woman. When she had an idea, she put it into action and was determined to succeed. As Tom described Ma, An’ Ma ain’t nobody you can push aroun’ neither. I seen her†¦show more content†¦Ma was trying to soothe her and explain that, yes, there will be ups and downs in life but it doesn’t matter what they are, it matters how one overcomes these struggles and what one takes from each interference. Further along the Joad’s journey to California, Ma ran into a dilemma—Granma’s health. Instead of sharing with the family the news of granma’s death and mourning over their loss, she kept this devastation to herself and grieved alone for the sake of the family’s arrival to their destination (252). If all else failed, Ma’s strength never fell short of shining through. She was the main provider of the family’s anticipation for potential victory, and she executed this task exceptionally well. There are many events in this book that display the obvious transformation in Ma’s character. From private internal suffering to the unconditional love she shares with each family member, there is no doubt that Ma had the vastest change of personal development throughout this entireShow MoreRelatedLogical Reasoning189930 Words   |  760 Pagesduring the course, you will improve the following skills: ï‚ · ï‚ · ï‚ · RECOGNITION of arguments EVALUATION of arguments CREATION of arguments â€Å"Critical thinking is skeptical without being cynical. It is openminded without being wishywashy. It is analytical without being nitpicky. Critical thinking can be decisive without being stubborn, evaluative without being judgmental, and forceful without being opinionated.† --Peter Facione Glossary argument An argument is a conclusion backed up byRead MoreRastafarian79520 Words   |  319 Pagesprimary data on the movement but to analyze and re-analyze the growing body of scholarly and popular literature on the movement, including sociological and anthropological studies, biographies, monographs, dissertations, published and unpublished essays, and periodical articles. Archival sources, such as newspaper reports, policy statements, pamphlets, and organization manuals have also provided useful information. Chapter 1 reviews and reï ¬ nes Webers theory of charisma and routinization, using

Major Forces That Are Leading International Firms Essay

There are five major forces that are leading international firms to the globalization of their operations which includes (1) political (2) technological (3) market (4) cost and (5) competition. Many firms initiate international operations to gain assess by combined markets through exporting product or producing within the area. Technological According to (Ball, 2011) today’s technology has allowed an advance in computers, communication and an increase flow of ideas. Through the internet and networks small companies can compete globally. Markets Companies use foreign countries to establish a business to avoid having their competition take their business. With the majority of the population being in foreign countries, outsourcing helps to generate growth. Cost Management utilizes lower cost by moving production lines to foreign countries because the labor is cheaper, and can also lower other parts of a company value chain. There is a reduction in the cost of generating and transmitting information as well as a decline in transportation cost. Competition Competition is increasing because of growth in automobiles, computers, and electronics. Firms are also defending their home markets from foreign competitors by entering into foreign markets. There are a number of reasons why a manager may not be able to successfully apply the specific techniques and concepts learned in his/ her country in other areas of the world. Each country has its own values, cultures and ethicalShow MoreRelatedArchetypes: Strategic Management and Firm Specific Advantages1632 Words   |  7 PagesCentralized exporter: Home country managed firm. Firm specific advantage in its final products. Standardized products manufactured at home. Only the transferable firm specific advantages are taken to the host country, meaning that they try to make exporting successful in international markets. No development of location bound firm specific advantages. International projector: Clones home operations into host countries. Knowledge based firm specific advantages are replicatedRead MoreThe Bargaining Power of Buyers in the Aerospace Defense Industry1462 Words   |  6 PagesKelly Mann ECN 2020-84250 Competitive Forces Paper December 6, 2010 The Bargaining Power of Buyers in the Aerospace amp; Defense Industry The United States aerospace and defense industry is the largest of its type in the world. In 2009, United Press International, Inc. reports the aerospace and defense industry achieved a record $700 billion in spending. The defense market has experienced significant economic growth over the last decade due to large U.S. security spendingRead MoreFive Forces Analysis-US Express Mail Industry Essay850 Words   |  4 Pagesï » ¿Question 1 asked to complete a five forces analysis of the US Express Mail Industry. A five forces analysis is done to rate the attractiveness of an industry. Threat of new entry is low because the barriers to entry are high. Newcomers to the industry would require an enormous amount of up front capital to set up the distribution networks and infrastructure, such as establishing hubs, and acquiring aircraft and a large amount of ground transportation vehicles (vans, trucks, ect). Economies ofRead MoreNovo Industri Case Analysis1072 Words   |  5 PagesInsulin is sold without prescription in the U.S.; on the other hand it is generally considered a prescription drug in Europe. As such, marketing to end-users and pharmaceutical distributors is an important marketing strategy in the U.S. The major forces behind a patient’s choice of insulin brand also differ. For instance, around 18,000 specialists and physicians account for majority of insulin sales in the U.S. This contrasts with Europe, where the source of insulin prescriptions is a small groupRead MoreAnalysis of Strategic Position1430 Words   |  6 Pagesunique spectrum of international services including brands DHL, Deutsche Post and Postbank with different types of services. Thus, we have decided to focus on DHL in this analysis in order to better understand to strategic position within logistic services. PESTEL ANALYSIS: Legal: ââ€" ª Deregulation and liberalisation of the airline industry ââ€" ª Environmental regulations and protection Political: ââ€" ª Liberalisation of international trade ââ€" ª International trade regulations andRead MoreHow Mergers Affect The Economic And Financial Power Of Smaller Firms891 Words   |  4 Pagesthe level of monopoly, hence leading to reduced competition and lower economic efficiency. The truth is that they can boost the effective level of competition within the monopolistic environment where size is an important factor. This means that in the case of markets that have a small number of large producers that are involved in competition, mergers can play a vital role in increasing the economic and financial power of smaller firms. This enables the small firms to compete favourably with theRead MoreInternational Vs Domestic Strategies : International Marketing Model1326 Words   |  6 PagesInternational vs Domestic Strategies Strategies are the models of guiding companies from the existing position to where it owners would like it to be. Strategies are varying based on the business model. Business growth strategies, human resource development strategies, marketing tactics and internal goal-setting are the major focused areas in a business. Based on the business model, there are domestic and international strategies are implemented. International strategies are set up considering largeRead MoreGrameenphone1473 Words   |  6 Pagesnot be behind in anyway. At the end of the day, all the individual progresses accumulate to the progress of the beloved motherland. Grameenphone promises you to bring the best of communication technologies so that you can Go Beyond. Our Mission: Leading the industry and exceed customer expectations by providing the best wireless services, making life and business easier Our Vision: We exist to help our customers get the full benefit of communications services in their daily lives. We want to makeRead MoreThe Pros and Cons of Globalization Essays1584 Words   |  7 Pagesgrowing incorporation of economies in the world, predominantly through the movement of labor, technology, knowledge, services, merchandise and investments across international borders. Globalization also has a direct effect on the social, environmental and political aspects of the economy (ibid). Enhancement in technology is the key driving force of globalization. Advancement in technology especially the growth of internet and telecommunication infrastructure has facilitated an easy method of communicationRead MoreTurkey s Rising Middle Class1024 Words   |  5 Pages Market Size and Demand Turkey has 81 provinces, with approximately 20 major cities populating millions, and continues to grow each year. Turkey’s rising middle class has resulted in an explosion of consumer demand. The country is home to a young, educated labor force with over half of the population under the age of thirty; this makes the market huge and dynamic for international investors. Over the last year Turkish firms and individuals invested $228 million dollars in the U.S. In 2014, Turkey’s

Mental Health Care Patient Management †Free Samples for Students

Question: Mental Health Care Patient How Do Management? Answer: Introduction Health information is extremely important and sensitive information that is required to be handled with utmost care. One of the regional health authorities wishes to manage the health information associated with it by implementing an automated information system. Mental Health Care Patient Management System (MHCPMS) is being developed in order to fulfill the requirements of the authority. MHCPMS Stakeholders There are several stakeholders that are associated with MHCPMS which are listed and described below. Owner of the regional health authority: The owner of the regional health authority will gain abilities to easily manage and streamline the health information. External Partners and Suppliers: There is a lot of medical equipment that is supplied to the regional health authority and the exact need of the equipment will be calculated and devised through the system [1]. End Users: Clinical staff, receptionist and medical records staff will be using the system to handle and organize the information. Patients: The health information of the patients will be handled safely and securely. Requirements Gathering Interviews Interviews shall be organized with the end users of the system, owners along with the medical fraternity to understand the specifications of the system. Interview sessions shall focus upon gaining the maximum response from the interviewees and the questions shall be designed accordingly [2]. Questionnaire and Surveys There will be multiple entities that will be associated with MHCPMS and questionnaires around the requirements will make it easy to understand and analyze the response that is provided. Brainstorming Sessions and Workshops These activities shall be carried out in groups to understand the areas of requirements that shall be focused upon [3]. Identification of System Requirements Apart from the stakeholders associated with the system, it would be necessary to understand the functional and non-functional aspect of the system to come up with a desired end product as an outcome. System requirements will therefore play a significant role in association with MHCPMS. These system requirements shall be determine by collecting data from several sources such as drawbacks of the existing system, expectations of the end users, comments from system experts and analysts and likewise. Also, the compatibility of the system to be developed with other information systems in the regional health authority shall also be determined [4]. It would be extremely essential to identify the system requirements precisely because the output would depend upon the activities that would be covered under this particular step. Primary Functional Requirements Ability to the users to log in to the Mental Health Care Patient Management System to gain access to the health information Ability to uniquely identify the health information of every mental health patient with the aid of a unique patient id [5] Ability to allow the clinical staff and other users to key in the patient id to retrieve the health information of a medical health patient Ability to allow the users to retrieve the health information on the basis of a particular mental health condition, medical provider or as per specific date Ability to allow the users to extract reports from the system on the basis of several parameters such as mental health patient, specific dates, specific medical practitioner and likewise Ability of the system to show the messages to the users in case of a wrong input or an incorrect search keyword [6] Ability to allow the users to manage their user account by allowing them to update their account password and also make changes to their personal information Ability to allow the users to choose from several formats before downloading the medical reports Ability to allow the admin user to grant privileges and roles to the user accounts that are set up on the Mental Health Care Patient Management System Non-functional Requirements Usability Usability shall be included as a non-functional requirement and as a system quality in Mental Health Care Patient Management System. The users shall be allowed to experience a system that shall be easy to use and navigate. Also, the system shall allow the users to understand the various options offered by the system without any need to seek for assistance and support. The functionalities and features that are provided by the system must also fall in line with the specifications and requirements that are provided [7]. Safety Safety of the health information is very essential as the health information of a patient is extremely sensitive in nature. Also, there are two different legislations that apply to the information that will be contained under Mental Health Care Patient Management System. The system therefore shall be designed in such a manner that it has the security mechanisms installed to prevent, detect and control all of the security risks and attacks. Also, it shall not allow the malevolent entities to gain entry to the system without authorized access. The entire information sets shall also be encrypted to ensure that there are no compromises on the safety and security. Privacy Privacy of information will also be equally essential as the safety of the medical information contained in Mental Health Care Patient Management System. The system shall therefore be designed in such a manner that the identity and access control is reflected and maintained at all times. The health information associated with any of the mental health patient shall not be lost or leaked at any point of time [8]. Operational Cost Manual handling of such huge clusters of information leads to the redundancy and duplication of a lot of data leading to unnecessary re-work and management. There is a lot of operational cost that is involved in such cases which would be minimized with the adoption and implementation of Mental Health Care Patient Management System. The information would be stored and handled in an automated manner which would remove all the unnecessary expenditure associated with the operations. References [1]L. Bourne, "Stakeholder Relationship Management", 2016. [Online]. Available: https://www.mosaicprojects.com.au/PDF_Papers/P128b_Stakeholder_Relationship_Management.pdf. [Accessed: 28- Apr- 2017]. [2]R. Silhavy, "Requirements Gathering Methods in System Engineering", 2014. [Online]. Available: https://www.wseas.us/e-library/conferences/2011/Lanzarote/ACMOS/ACMOS-17.pdf. [Accessed: 28- Apr- 2017]. [3]R. Young, "Recommended Requirements Gathering Practices", 2012. [Online]. Available: https://pdfs.semanticscholar.org/5544/e7366b6c1e261a7c099af89475f1e71f6ac4.pdf. [Accessed: 28- Apr- 2017]. [4]A. Chakraborty, "The Role of Requirement Engineering in Software Development Life Cycle", 2012. [Online]. Available: https://www.researchgate.net/publication/267631563_The_Role_of_Requirement_Engineering_in_Software_Development_Life_Cycle. [Accessed: 28- Apr- 2017]. [5]R. Malan, "Functional Requirements and Use Cases", 2011. [Online]. Available: https://www.bredemeyer.com/pdf_files/functreq.pdf. [Accessed: 28- Apr- 2017]. [6]B. Paech, "Functional requirements, non-functional requirements, and architecture should not be separated A position paper", 2012. [Online]. Available: https://pdfs.semanticscholar.org/322f/5199bbf08f9b1b442b50ae961672277e52dd.pdf. [Accessed: 28- Apr- 2017]. [7]L. Chung, "Non-Functional Requirements", 2013. [Online]. Available: https://www.utdallas.edu/~chung/SYSM6309/NFR-18-4-on-1.pdf. [Accessed: 28- Apr- 2017]. [8]M. Glinz, "On Non-Functional Requirements", 2015. [Online]. Available: https://www.ptidej.net/courses/log3410/fall11/Lectures/Article_6.pdf. [Accessed: 28- Apr- 2017].

Paul Zimmer Saying it Like it is free essay sample

This paper examines Crossing to Sunlight by Paul Zimmer, and how his work is approachable for everyone. This paper discusses contemporary poet Paul Zimmers book Crossing to Sunlight, and takes four of his poems to demonstrate how his use of rich language, simile and metaphor, and concrete imagery blend together and manifest as accessible and readable poetry that everyone can enjoy. Paul Zimmers eleventh book, Crossing to Sunlight, is a compilation of previously published work, plus over twenty new poems. His book may be enjoyed by dipping into its pages at random, or by reading from beginning to end. If the latter choice is made, the book has a distinct autobiographical feel to it. The poems appear to map Paul Zimmers life from childhood through to present day. They deal with everyday emotions with their tone inducing feelings of sympathy, empathy and at times, sheer unbridled pleasure in the reader. We will write a custom essay sample on Paul Zimmer: Saying it Like it is or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Zimmer achieves this by his use of accessible language and fresh, yet believable simile and metaphor, all firmly anchored with concrete imagery.