The Theory Of Macroeconomics And Microeconomics - 1634 Words

Is planned obsolescence a â€Å"natural† phenomenon or simply an ambiguous method of supporting the economy? It is both. Why? How? To clearly elucidate this intriguing topic-to some- this presentation will be divided into six sections-the foundation of our economy, the basis of planned obsolescence, the system in all our products are manufactures and marketed, how this technique is â€Å"pulled-off† (in an epithetical fashion) by corporations and how primordial edicts of macroeconomics and microeconomics should be conformed to. Firstly, what is economics? In the words of highly-acclaimed American economists, Steven D. Levitt Stephen J. Dubner-â€Å"Economics is, at root, the study of incentives, how people get what they want or need, especially when other people want of need the same thing†. Macroeconomics is a division of economics subsidizing on the structure and abnascentia of economics, the behavior of consumers and the scrutiny of interactions (decisions) b etween corporations and individual clients as a part of a greater economy; as a whole. Microeconomics –as its Greek prefix, mikro meaning small- is the opposite of macroeconomics entirely; it is founded on the study of the behavior of individuals and small organizations in a systematic view of a collapsed economy with limited resources (input and output in a circular manner). To get a cosmopolitan view on our economy this speech will be greatly led on the â€Å"laws† of macroeconomics. Economy is the state of a country or region inShow MoreRelatedPolicy Review And The Lucas Criticisms Essay919 Words   |  4 Pagesin the change of the economy. However, in the monetary economy cycle theories, the expected monetary supply changes will not influence the total economy; the unexpected money supply changes will impact the total economic in short term. In the long term, it merely impacts the changes of general price levels, instead of on the changes of total economy. Therefo re, in the issues of controlling inflation, monetary economy cycle theory believes that the governments do not need to have to spend too manyRead MoreEconomics As An Area Of Study And Research1372 Words   |  6 Pagesdetermine how economies work (Marshall 2004). Understanding of economics calls for the division of the subject into two main branches. The areas are microeconomics and macroeconomics. Microeconomics is the basic form of economics in the society. It examines the roles of households, individual consumers, and markets in a given region. On the other hand, macroeconomics examines the factors that affect the larger components of the economy. It focuses on issues such as national investment, consumption, productionRead MoreA Report On The Supermarket Wars1211 Words   |  5 Pages The main purpose of this report is to make references to significant microeconomic models, in order to explain the supply, Demand, Market equilibrium, price discrimination, and Opportunity rate as well as making references to important macroeconomic aims which can be described with some examples such as growth, Inflation, Unemployment, GDP, exchange rates and many more , this two business economic topics areRead MoreExamples of Macro and Micro Economics840 Words   |  4 Pagessignificant branches; one of it being the microeconomics and the other one being the macroeconomics. Microeconomics can be easily understood through the term micro itself which means small, microeconomics focuses on small level that is to say it includes areas of individual decision making and its core components include production, exchange, distribution and consumption. Macroeconomics on the other hand focuses on a much aggregate level. Unlike microeconomics it influences those areas in its studyRead MoreFinance Is Based On Economics841 Words   |  4 Pagesneeds by humans. Macroeconomics started with John Maynard Keynes, an English economist, who published a book entitled General Theory of Employment, Interest and Money in 1936. Keynes offered a clarification for the fallout from the Great Depression, when goods remained unsold and workers unemployed, a feat that left c lassical economists stumped. Keynes theory explained why markets may not clear. This theory evolved throughout the 20th century, diverting into several macroeconomic schools of thoughtRead MoreMicroeconomics1441 Words   |  6 PagesQuestion 1) With examples give 5 reasons why the study of microeconomics is important. Microeconomics is a field of economic study that focuses on how an individual s behaviour and decisions affect the supply and demand for goods and services. For the purpose of microeconomics, the actions of individuals, households and businesses are crucial, unlike the study of macroeconomics, which focuses on national and international economic trends. Despite the differences between the two fields, howeverRead MoreThe Growth Of Retail And Hospitality Industries Essay926 Words   |  4 PagesWithin the social sciences of production and consumption the concepts of macroeconomics and microeconomics help to analyse the broadness of our vast economic system. This research essay will critically review an article published in The Australian â€Å"Retail spending rose 0.3pc in January, less than expected†. The author of the article, Dow Jones compares the forecasted growth of retail and hospitality industries. Aspects of consumer sovereignty and market demand explain trends in the post-holiday periodRead MoreThe Economic Schools Of Thought1445 Words   |  6 PagesFreshwater Economics Macroeconomic schools of thought would be prudent to accept certain aspects of the views of other schools of thought to better understand the scope of economic efficiency through the use of various models aimed at understanding the implications that all actions affect outcome. Like other economic schools of thought, Freshwater developed from previous schools of thought as new macroeconomic ideas were discussed and disputed. Neoclassical synthesis was a postwar movementRead MoreMicroeconomics And Macroeconomics Of Microeconomics1565 Words   |  7 Pagesis the broader term, however within this, there are additional fields such as microeconomics and macroeconomics. The difference between microeconomics and macroeconomics is analogous to the human body and the individual cell that makes up the human body. Macroeconomics is involved with the wide lens aspect of society. In other words, macroeconomics focuses on the broader large scale economy of a society. Macroeconomics focuses on larger economic issues such as national employment rates, gross domesticRead MoreHow Business Is An Expansion Or Recession By Their Look And Attitudes At Dinner Essay1043 Words   |  5 PagesWhen I was young, my parents started their business supplying steel to construction firms. They often talked about their business when we had dinner. Since their business is closely related to the overall macroeconomic situation, I g ot a sense about business cycle at an early age. I could judge whether it is an expansion or recession by their looks and attitudes at dinner. Also, I got a feeling about how the business could function in the environment of competition before I entered high school. This

My View Of A New House Sat - 1309 Words

Max My heart thundered under my breast. I was sure my parents could hear me, asleep in their beds inside the two story, gray-siding clad house on Sunnyvale Court. Rain puddled at my feet, soaking the dirt of a thousand walks into my off-brand tennis shoes. I usually enjoyed the rain. I liked the feel of walking barefoot in puddles in the grass and the smell of rain mixed with pine trees. Tonight, the air was cool and the rain was crisp against my skin for an early August in South Carolina. I would be out all night, though, so this was completely bad timing. With my toes pointed out to the street, I stood at the edge of the long driveway. A cool wind split through my dark poncho. I wanted to shiver, but I steeled myself and ignored the cold. This is it, I told myself. If you’re going to leave, you need to do it now. A new house sat half-finished around the bend of Sunnyvale. I explored it yesterday while on a walk and discovered the back door was unlocked. My hand gripped the straps of my overloaded backpack. One night, I told myself. One night where I’m not sleeping under the same roof as my parents. I’m not going to die like my mother seems to think would happen if I did. I knew that normal people, everyone else in the world, they weren’t all murdered and raped the moment they went outside. Thoughts of my bedroom in the house behind me flooded my mind; the soft green comforter, the mauve pink carpet, the warmth of the cotton sheets, a quiet symphony playing from theShow MoreRelatedA Personal Experience with Moving852 Words   |  4 Pagescauses us to view an unwanted movement as an attack on our personal way of living. I first experienced such an affront when I was in the first grade, my family and I moved to a small town about three hours away from San Angelo. My father wanted to be closer to his aunt and uncle so he seemingly forced me and to tag along for the experience. I didn’t want to move away from my grandparents or my friends, the thought alone would cause me to cry. I had to leave behind all my friends, my family I hadRead MoreDescriptive Essay About Cocoa Beach1683 Words   |  7 Pagesthe orange, raspberry, and lemon-lime mixture with an oversized spoon. Just by looking at the sky, I felt as if I could almost taste these flavors in my mouth, which g ave me a strange satisfaction. A gust of warm air abruptly interrupted my daydream to welcome me to Cocoa Beach properly. These engulfing winds danced all around me before hugging my body completely and knocking me off-balance. All around me, I could see multiple different scenes: couples lying next to each other exchanging loving gazesRead MoreMy Childhood - Original Writing Essay1312 Words   |  6 Pagesreminds me of my childhood – perhaps a name, a memory, a smell, a picture - who knows what brings the memories into my head? But recently, a memory came back with the sounds, smells, tastes, and sights that I hadn’t experienced in about 45 years. Those memories comfort me, but now smoke clouds my treasured past. Almost two years ago, my last uncle passed away. That was the end of the older generation for me. I cherish the moments I spent with him the summer before he died. My brother andRead MoreSummer Road Trip1174 Words   |  5 PagesMy Summer Road Trip The late June Texas sun was hot as it came through the window of my Caliber. I had begun my road trip to the lake house in Mineola early that morning. I had dressed for comfort, wearing my blue shorts and my favorite worn out tee, I knew it was going to be a long hot drive. As I drove down the road, I soon realized that I had never been anywhere alone before. This was a new feeling to me, one of strength and fear rolled into one. While fighting the traffic to get out of townRead MoreSummary Of The House That I Left 995 Words   |  4 Pagesfamilies, and some take off to embark on other adventures. The house that I left was the only place that I had ever known as home, and I thought that I could always return to it to relive the thousands of memories I had made while living there for 17 years. With the morning sun shining through the curtains me and my boyfriend, Eddie, got out of bed at about 8 a.m. ready to spend our first Fourth of July with our daughter, Averie. With Averie in my arms, I happily strolled into the small living room whereRead MoreMy Baby Niece891 Words   |  4 PagesOctober 2012 My Beautiful Baby Niece I awoke to the ringing of the phone. I rubbed my eyes and rolled out of bed. When my eyes cleared up enough to where I could see: I noticed it was still dark outside. I picked up the phone and tried to clear my voice so I could be heard. Once I answered I could hear that the voice on the phone was my eldest brother. He said, â€Å"Erica is having the baby!† As soon as the words sunk into my sleepy head, I was fully awake and filled with excitement. I ran to my mom’s roomRead MoreDescriptive Essay - Original Writing1428 Words   |  6 PagesI sat in the alley trying to catch my breath. The sounds of sirens filled the air as I saw the red and blue lights flicker pass me. I took off my mask and felt my horns fade to nothing. I went down the street to my father s bar The Swig of Death. I went into my father s bar it was empty and saw him washing cups. Dad I finished the job do you have anymore for me? I asked. No, but you did an excellent job. My dad told me. Thank you. We will be having a meeting thursday. Ok, same time? SameRead MoreTheme Of The Blind Man867 Words   |  4 Pagesby mailing tapes back and forth. The narrator was not happy about the visit, because his idea of blindness came in movies, that blind moved slowly and never smiled. And sometimes lead by seeing eye dogs. (Craver, 1981, p. 32). The point of view of the Cathedral is objective narrator, throughout the story he talks about the relationship his wife has with the blind man. For example; they use to work with each other in Seattle. â€Å"He mentions she hadn’t seen him since she worked for him one summerRead MoreEssay On The Ghost1191 Words   |  5 Pages We met at the top of the hill ready for battle. I was ready to leave. But this is not where it began. It all started a few days ago when I was in my most favorite spot on the top of the only hill in the glass walled world. It had one old tree that was perfect for leaning against, it was filled with bright green grass dappled with daisies that seemed to light up our little world. This place was was like a little bit of heaven on earth, I guess that’s why I liked it so much. The village wasRead MoreThe Twisted Tale : Directions : You Will Be Writing A Twisted Fairy Tale1016 Words   |  5 PagesWorksheet. The story must: Use a different point of view than the original story Use a different protagonist and antagonist than the original story Use the same events from the original story but explained from the NEW protagonist’s point of view Be at least 500 words long Include at least TWO examples of dialogue Today is the anniversary of when I was eaten by a wolf and saved by my granddaughter. Everyone THINKS my granddaughter saved me but that’s not true. Let me

Can the Jewish, Christian and Islamic Communities Coexist...

I have been advised by the ruling council of Neutralia to conduct research regarding whether the three communities, each following a different religion, (Judaism, Christianity and Islam) will be able to coexist together harmoniously and peacefully in our nation. I have looked at all the three holy scriptures as well as history and present day examples either supporting or opposing the idea of them being able to live side by side without conflict. The Bible Looking at the holy scripture of Christianity, the Bible, I found that christians are supposed to spread their religion as much as possible as they want to offer salvation for as many as possible, but are not to act out as the non-believers unwillingness will eventually punish them when they go to hell. (King James Bible Online Revelation 21:8) Further, it talks about the Jews really following Satan and not God/G-d, as he has blinded them from seeing that the Messiah has come as they teach in Christianity, since they are still waiting. It says that Jews say they are Jews but really aren’t, referring to them as the synagogue of Satan. (King James Bible Online Revelation 2: 9) The Qur’an Quran tells its followers that they should respect the other two Abrahamic religions and their scriptures, as they are â€Å"people of the scriptures/book†. (The Noble Quran 29:46, 3:64- 65 and 12:111, Noorhan Abbas, Dr. Eric Atwell, Root, David) Moreover, it claims that all believers can enter paradise as long as they believe in the one true

Business Report on Nesbee The Chocolate Factory †Free Samples

Question: Discuss about the Business Report on Nesbee The Chocolate Factory. Answer: Nesbee the chocolate factory was the hard work of two friends who founded and running the business for a very long period. Shayam and Siva who had the vision to run chocolate business successfully are currently making their dream into reality. The organization is working on a two-wheel engine. The organization is located in Australia and has their factory and the administration office in Sydney. The structure of the organization with the role of president is taken by Shayam as he is the mind behind the brand and is working to manage almost all the other profiles in the business. Shayam is managing other important roles to run the business successfully such as the post CEO and COO whereas Siva handles the post of CFO and VP-sales and marketing with respect to that the organization have thirty more employees under the belt of Shayam and Siva. Meeting Attendance Shayam and Siva head the organization only so the board meeting only needs the attendance of the head for any decision-making and implementation. Though to efficiently convey the strategy, the meeting also expects Head of the Confection, Head of Engineering and the Factory Manager (Darmadi , 2013). Level of contribution per meeting/task Every month two meeting will be held to discuss important aspect of running the organization the first meeting will be held in the second week of the month to discuss the amount of production per capita and the shortcoming on the same because of different factor involved. In the meeting the Head of the Confection and the head of the engineering team will give an elaborated report on the shortcoming if any, the marketing team will be responsible to predict the potential market and determine the sale generation for the month and will formulate necessary tactics to reach the target. In the meeting, necessary change and new product information will be discussed and reviewed along with CRS and other co-curricular activities will be entertained in the presence of all the members by Shayam and siva. The second meeting which will be conducted in the fourth week of the month to demonstrate the monthly revenue generated by the organization which will be given by the sales and marketing team le ading by Siva. The meeting will also discuss the next month plan and all the member are expected to collaborate or improving the productivity and sales of the organization (Johnson, Schnatterly Hill , 2013). Decision Making Process and Governance All the desiccation for the well being of the organization will be taken care of by the CEO and the CFO, to make the decision they will consult board of members. The organization heads will decide the introduction of new product, marketing strategy and the input and output monitor and regulator. Each member of the board will be responsible for different segment of the production, administration and distribution (Mukherjee Mohammed , 2015). December The Roasting team Manager who will be governed by the Head of the engineering team and will make technical decision for the same will govern worker, Head of the Confection will make decision for the production and will have share part in governing the Roasting team manager. The CEO will govern both of the head and will take the major decision regarding the organization. Similarly agents and representative will be governed by Team lead and Store Manager who will further address to directly the CFO/VP of sales and marketing (Kaner , 2014). Action Taker Action related technicality will be taken care of by the Head of the Engineering, production and Head of Confectionary will guide manufacturing related issue. Sales and marketing related issue will be taken care by the Head of the Marketing. Administration andmanagement related action will be taken care by the HR. CEO will take action to accomplish long-term goal, he will be responsible for making decision for the firm. CFO will take action related to project in hand; he will take care of the financial aspect of the organization by monitoring and regulating control over Finance for the organization (Ciccolini , 2014). Standard of Work CEO and COO will take decision regarding the organization he is the person with liability; he will link the outside world with the internal work of the organization, he is the face of the organization and also the articulate companies mission and vision to the sub ordinate, he develops leadership within organization and recognize, encourage and reward productivity. He is responsible for day-to-day operation, COO is responsible for the development, design, operation, and improvement of the systems that create and deliver the firm'sproducts. COO ensures efficient and effective business operations,propermanagement of resources,distribution of service and goods to customers (Koh et al., 2013). CFO and VP of Marketing and Sales will be responsible for quantitative and qualitative financial analysis, annual budget, build relationship with the bank, and other source. He will be responsible for hold meeting with the investors and banks to acquire capital for function of the organization as well as he is responsible for outlining the sale target and strategy to reach company goal and customer satisfaction (Mintz Currim , 2013). Mission and Vision of the Organization The Mission of the organization is to carry forward the expertise both in Chocolate and in Confectionary. The Vision is to provide the customers with delightful moments. Organizational Hierarchy (Source: Custdio Metzger , 2014) References Custdio, C., Metzger, D. (2014). Financial expert CEOs: CEO? s work experience and firm? s financial policies.Journal of Financial Economics,114(1), 125-154. Mintz, O., Currim, I. S. (2013). What drives managerial use of marketing and financial metrics and does metric use affect performance of marketing-mix activities?.Journal of Marketing,77(2), 17-40. Koh, J. T. K. V., Zhu, K., Peiris, R. L., Tharakan, M. J., Nakatsu, R. (2013, July). A Hierarchy of Needs for Developing Interactive Artworks, Systems and Products. InInternational Conference on Human-Computer Interaction(pp. 268-272). Springer, Berlin, Heidelberg. Ciccolini, J. E. (2014).Chocolate, challenges, and change: Labor trends of working women at the Hershey chocolate factory in Hershey Pennsylvania, 19291972. St. John's University (New York). Kaner, S. (2014).Facilitator's guide to participatory decision-making. John Wiley Sons. Johnson, S. G., Schnatterly, K., Hill, A. D. (2013). Board composition beyond independence: Social capital, human capital, and demographics.Journal of Management,39(1), 232-262. Darmadi, S. (2013). Board members' education and firm performance: evidence from a developing economy.International Journal of Commerce and Management,23(2), 113-135. Mukherjee, S., Mohammed, S. K. (2015, December). Low-complexity CFO estimation for multi-user massive MIMO systems. InGlobal Communications Conference (GLOBECOM), 2015 IEEE(pp. 1-7). IEEE.