Essay on Fences Family and Fence - 620 Words

Noshin A. Hossain Symbolism of the â€Å"Fence† August Wilson did not name his play, Fences, simply due to the melodramatic actions that take place in the Maxson household, but rather the relationships that bond and break because of the â€Å"fence†. The â€Å"fence† serves as a structural device because the characters lives are constantly changing during the construction of the fence. The dramatic actions in the play strongly depend on the building of the fence in the Maxson’s backyard. Fences represents the metaphorical walls or fences that the main characters are creating around themselves in order to keep people in or vice versa. The title may seem straightforward, but in actuality it is a powerful symbol which can either have positive or†¦show more content†¦Troys lack of commitment to finishing the fence that Rose wants put up represents his lack of commitment in his marriage. He doesnt understand that Rose wants to keep the family close because he never truly had a close family. He becomes a w omanless man. â€Å"From right now†¦ this child got a mother. But you a womanless man† (79). Troy pushes Lyons away by refusing to hear him play his Chinese music (48). He also damages his relationship with his other son, Cory, by preventing him from playing football and rejecting his only chance to get recruited by a college football team. The â€Å"fence† also depicts that Troy is disowning Cory when they get into an argument and Troy kicks him out on to the streets. Troy states that Cory’s things will be on â€Å"the other side of that fence† (89). As a result, Troy ends up driving everybody away just like his father. The â€Å"fence† acts like a physical divider between the Maxson’s household and the outside world because Troy doesn’t bring anything others would normally have into his house and Rose does not want any outsider intruding her family. The play, Fences, in conclusion acquires many interpretations of the â€Å"fen ce† that is mentioned variously. Despite there only being one physical fence, it represents many figurative fences throughout the play. The â€Å"fence† is signified as having both positive and negativeShow MoreRelatedFences Is A Family Drama Written By August Wilson1797 Words   |  8 PagesFences is a family drama written by August Wilson, which portrays the scenario of 50’s American society. The play explores the turmoil in the socio-economic situation faced by the African-American people in the period along with their experience of life, civil rights, personal relationships and racial situation. The play concentrates on describing different ‘fences’ of life, which were faced by the African-American society during 50’s. The play was set in 1950, almost a decade prior than the civilRead MoreSocial, Political, And Family Issues On August Wilson s Fences1596 Words   |  7 Pagesand Family Issues in August Wilson’s Fences August Wilson’s Fences depicts life in the 1950s for a typical African American family. The play touches upon racism, shifting family dynamics, and the politics of war. While racism plays an important and vital role in the play, instead of lamenting the issue, Wilson uses the characters as a weapon against the rampant racism of the time. In the same fashion, the relationship between Troy, Rose, and Cory demonstrates the shifting cultural and family dynamicsRead More Racism Exposed in Fences, by August Wilson Essay1299 Words   |  6 Pages August Wilson’s play Fences brings an introspective view of the world and of Troy Maxson’s family and friends. The title Fences displays many revelations on what the meaning and significance of the impending building of the fence in the Maxson yard represents. Wilson shows how the family and friends of Troy survive in a day to day scenario through good times and bad. Wilson utilizes his main characters as the interprete rs of Fences, both literally and figuratively. Racism, confinement, andRead MoreFences by August Wilson791 Words   |  3 Pageshave built fences to keep enemies out and keep those they want to protect inside. In society today, people create metaphorical fences in order to fence in their feelings, while others create literal fences in order to keep the unwanted away. In the play Fences, the Maxon family lives in 1950’s America whose love for sports and one another are questioned at times when they need to be together the most. In the play Fences by August Wilson, two main characters Troy and Cory Maxon build a fence, literallyRead MoreAnalysis Of August Wilson s Fence 1146 Words   |  5 PagesThe play â€Å"Fence† by August Wilson’s has a connection with real world fence. â€Å"The yard is a small dirt yard, partially fenced, except for the last scene, with a wooden sawhorse, a pile of lumber, and other fence-building equipment set off to the side. The Oppo site is a tree from which hangs a ball made of rags. A baseball bat leans against the tree. Two oil drums serve as garbage receptacles and sit near the house at right to complete the setting† (Wilson 2). He mentions that the fence has three partsRead MoreSummary Of August Wilsons Fence1095 Words   |  5 PagesThe significance of play â€Å"Fence† by August Wilson’s start from the setting part partially he was trying to show the structure of troy family. â€Å"The yard is a small dirt yard, partially fenced, except for the last scene, with a wooden sawhorse, a pile of lumber, and other fence-building equipment set off to the side. Opposite is a tree from which hangs a ball made of rags. A baseball bat leans against the tree. Two oil drums serve as garbage receptacles and sit near the house at right to complete theRead MoreFences by August Wilson Essay771 Words   |  4 PagesIn Fences, August Wilson introduces an African American family whose life is based aro und a fence. In the dirt yard of the Maxson’s house, many relationships come to blossom and wither here. The main character, Troy Maxson, prevents anyone from intruding into his life by surrounding himself around a literal and metaphorical fence that affects his relationships with his wife, son, and mortality. Throughout the play, readers see an incomplete fence which symbolizes Rose (Troy’s wife) and Troy’sRead MoreAnalysis Of The Article Fences 1165 Words   |  5 PagesFences by August Wilson is a play about an African-American family in the 1950s. Troy Maxson is the breadwinner of his entire family because of his job in a garbage truck company. Cory, one of the children of Troy, is a great football player in high school and he wants to continue to play for college football, which has been absolutely denied by Troy because of the discrimination as a colored people they have. Rose, Troy’s wife, who is taking care of everything at home, but lost her love for TroyRead MoreEssay on August Wilsons Fences961 Words   |  4 Pages August Wilson’s Fences was centered on the life of Troy Maxson, an African American man full of bitterness towards the world because of the cards he was dealt in life amidst the 1950’s. In the play Troy was raised by an unloving and abusive father, when he wanted to become a Major League Baseball player he was rejected because of his race. Troy even served time in prison because he was impoverished and needed money so he robbed a bank and ended up killing a man. Troy’s life was anything but easyRead MoreAnalysis Of August Wilson s Fences 970 Words   |  4 Pageswhere segregated. African-Americans were greatly discriminated and it was difficult for them to support their families because finding a job was difficult due to the racism, to be able to support their families they had to work twice as hard. In â€Å"Fences†, Troy is a fifty-three-year-old who lives with his wife Rose and son Cory. Troy works as a garbage collector which is what keeps his family together, although its sometimes not enough to support them it still enough to keep a roof over their heads

How did Khrushchev and Brezhnev respond to rebellions Free Essays

How did Khrushchev and Brezhnev respond to rebellions in some of the communist satellite states?   Give specific examples of countries that rebelled, why they rebelled and an analysis of the responses by Khrushchev and Brezhnev to the rebellions:   Khrushchev’s decision for de-Stalinization movements had repercussions in the Communist countries of Eastern Europe.   Poland revolted against its government in October 1956.   Hungary followed shortly afterward. We will write a custom essay sample on How did Khrushchev and Brezhnev respond to rebellions or any similar topic only for you Order Now    Faced with open revolution, Khrushchev flew to Warsaw on October 19 with Soviet leaders and ultimately acquiesced in the Polish leader Wladyshaw Gomulka’s national Communist solution, which allowed the Poles a great deal of freedom. Khrushchev’s shared decisions to crush the Hungarian Revolution by force came largely because of the Hungarian premier’s decision to withdraw from the Warsaw Pact.   With this one exception Khrushchev allowed a considerable amount of freedom to the European Communist parties and this stress in Eastern Europe it helped to crystallized opposition to Khrushchev within the Soviet Party.   His stand on reforms in economics and politics in the Soviet Union caused many enemies and party officials ended up removing him for power and replacing him with Brezhnev who opened the doors to the West for the soviet people and this was especially influential to the younger citizens of the population.   Khrushchev widely asserted his doctrine of peaceful coexistence which he had first spoke of in a speech at the 20th Party Congress. When Brezhnev came into power he left many affairs to other officials in the party, such as diplomatic relations with non-Communist states and internal economic development.   Brezhnev concentrated on foreign and military affairs and undertook measures to curtail ideological dissidence within the Soviet Union.   He traveled extensively to foreign countries between 1961 and 1964.   He made visits to all the European Communist countries, except Albania to improve solidarity within the Communist block. But when Czechoslovakia attempted to liberalize its Communist system of government and party control, Brezhnev developed the concept, known as the Brezhnev Doctrine that justified the invasion of Czechoslovakia by its Warsaw Pact partners.   During the 70’s Brezhnev attempted to ease tensions with the West, especially the U.S. in a new policy of coexistence.   It was during this time that under Brezhnev’s rule Soviet military power was significantly increased and modernized, and the Soviet Union pursued a policy of supporting â€Å"wars of national liberation† in developing countries.   In domestic policy he was preoccupied with neutralizing internal dissent and seeking to improve the performance of the Soviet economy particularly in agriculture and consumer goods, with little or no success. Works Cited: Treadgold, Donald W. and Herbert J. Ellison.   Twentieth Century Russia.   Bolder,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Colorado: Westview Press, 2000. How to cite How did Khrushchev and Brezhnev respond to rebellions, Essay examples

Test Of Courage Essay Example For Students

Test Of Courage Essay Test of CourageOn the night of September 30th 1999, I was about to begin what would seem to be the longest night of my life. Weeks of physical, mental, and emotional training would climax and end after this final test. A test of endurance, teamwork, mental focus, and most of all courage was about to begin. Thoughts raced through my head as I anxiously prepared myself. Will I remember everything I have been trained? Will my shipmates let me down? Some had dreaded this night for weeks; others awaited its arrival like children on Christmas morning. I had a mixture of feelings, as I was about to begin what the Navy calls Battle Stations. Battle Stations is a fourteen-hour test of everything that had been taught in the previous thirteen weeks of boot camp. The most difficult part of Battle Stations is dealing with the sleep depravation accumulated over the previous weeks. We were allowed two hours of sleep before the challenge that would make or break us. I can remember the dark barracks, lit only by red lights representing emergency procedures in a ship setting. The room seemed to have a very still, quiet feel like a storm was creeping near. My bunkmate Johnson and I polished our boots as we agreed that neither of us would sleep for the two hours we are given. Johnson and I had developed a close friendship over time and we motivated each other in every obstacle we faced. He was slightly taller than I, had a stalky frame and spoke with a thick East Coast accent that I often humorously imitated. I laid in my bunk focusing on my body, and what will be expected from it tonight. By that time, I had been awake for several hours and lack of food caused fatigue to set in. Piercing alarm sirens and bright flashing lights interrupted my concentration; our excitingly eventful night had just begun. Within seven minutes my entire division was in full gear with tight seals on our gas masks and standing at attention in front of our bunks. Then something unexpected happened. A tea m of Ex-Navy Seals rushed into the barracks like a stampede of wild horses. Their presence motivated us all as we began chanting Navy songs. Before I knew it we were barreling down the stairs of the barracks, or Ship as it is called in the Navy. We were greeted outside by one of the highest-ranking officers in the Navy. He was a short man, with a raspy voice and faultless military bearing. After his short speech of encouragement, we were off. I can remember that three-mile run to the obstacle course like it was yesterday. October nights in Chicago can get very cold and that night was no exception. The run was dark, lit only by a few streetlights that had little effect due to the dense fog that hung in the air. The discouraging conditions wouldnt hold us back. We were determined to finish. As we approached the obstacle course, one half of the division stopped as the others ran to the opposite end of the course. After brief instructions from our trainer, we were ready to tackle the co urse. My shipmates and I felt unstoppable as we attacked the course with relentless determination. After repelling massive walls and crawling through wet sand and gravel, the skin on my hands and feet were rubbed raw and bleeding. I was tired and beaten but just as I thought it couldnt get much worse, we came upon a cliff overlooking a small lake with a rescue raft in the middle. This is where they separate the Sailors from the civilians! our trainer shouted with a slight grin on his face. The lake was approximately the length of a football field and our goal was to reach the other side together inside the raft. When I entered the icy cold water, air was sucked from my lungs. I struggled to keep my head above the surface as my gear filled with water, causing it to double in weight. I swam quickly, hoping to keep warm and prevent muscle cramping. I finally reached the boat and almost collapsed once I was inside. I helped my shipmates into the inflated raft and we paddled to shore. Af ter reaching dry land, the air caused my skin to undergo a burning sensation making me wish I were back in the freezing water. Once we had reached the end of the obstacle course and met the rest of the division, we were ready for the final mission. Our last event was a four-mile trek to the Graduation Hall where we would be handsomely rewarded. Initially, a four-mile journey in wet clothes and cold air seemed impossible, even painful to think about. I hardly had any energy left, but was determined to keep going. We began our run singing Anchors away, the Navys most respected fight song. About a mile into the run I think we were all felling better. I can still recall the glorifying feeling of marching together into the sunrise, our wet boots stomping the pavement. We marched into the Graduation Hall half asleep, but with our heads held high. I proudly accepted my whites and dress blues from a Navy Officer who congratulated me and shook my hand. I can remember looking in his eyes and saw acceptance, I had succeeded in the completion Battle Stations. .u2965e304eb9bcf9df4ab712f98c3c383 , .u2965e304eb9bcf9df4ab712f98c3c383 .postImageUrl , .u2965e304eb9bcf9df4ab712f98c3c383 .centered-text-area { min-height: 80px; position: relative; } .u2965e304eb9bcf9df4ab712f98c3c383 , .u2965e304eb9bcf9df4ab712f98c3c383:hover , .u2965e304eb9bcf9df4ab712f98c3c383:visited , .u2965e304eb9bcf9df4ab712f98c3c383:active { border:0!important; } .u2965e304eb9bcf9df4ab712f98c3c383 .clearfix:after { content: ""; display: table; clear: both; } .u2965e304eb9bcf9df4ab712f98c3c383 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u2965e304eb9bcf9df4ab712f98c3c383:active , .u2965e304eb9bcf9df4ab712f98c3c383:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u2965e304eb9bcf9df4ab712f98c3c383 .centered-text-area { width: 100%; position: relative ; } .u2965e304eb9bcf9df4ab712f98c3c383 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u2965e304eb9bcf9df4ab712f98c3c383 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u2965e304eb9bcf9df4ab712f98c3c383 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u2965e304eb9bcf9df4ab712f98c3c383:hover .ctaButton { background-color: #34495E!important; } .u2965e304eb9bcf9df4ab712f98c3c383 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u2965e304eb9bcf9df4ab712f98c3c383 .u2965e304eb9bcf9df4ab712f98c3c383-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u2965e304eb9bcf9df4ab712f98c3c383:after { content: ""; display: block; clear: both; } READ: Karl Marx Pholosophy Essay

The Law of Demand

Introduction There are two types of social equilibrium that is dynamic and static equilibriums, abnormal and normal equilibriums the first is active, the second is passive.the first is unstable and the second is stable Equilibrium is the spot where consumers and producers exchange services and goods at a quantity and cost that signify a balance among the consumer’s desire to forfeit less cash and the producer’s desire to get more cash.Advertising We will write a custom essay sample on The Law of Demand specifically for you for only $16.05 $11/page Learn More It is the point at which everybody prepared to pay the price of the market gets their demand satisfied, while anybody prepared to manufacture at the price of the market gets a buyer for the service or good. [Roger 2001] A market can be defined as an area where services and goods are exchanged. One can imagine a bustling lane complete of sellers and buyers or a stock trade full of citize ns selling and buying stocks. These are touchable manifestations of a market. Economics can be defined as a communal discipline which checks the distribution, consumption and production of services and goods. Microeconomics can be defined as a tool that examines the performance of fundamental elements in the financial system including personalized agents or markets, that is, firms and consumers, sellers and buyers. [William and Alain 2006] Macroeconomics can be defined as a tool that addresses problems affecting the whole economy. That is, inflation, economic growth, unemployment and fiscal and monetary policy. Demand is a connection amidst two variables quantity and price demanded, with all other additional factors that may influence demand held steady. [Esther1998] How the Sonnenschein-Mantel-Debreu Theorem in General Equilibrium affect the law of demand and the law of demand The demand law In money matters can be defined as a microeconomic commandment which states; ‘As the price of a service or good increases, consumer demand for the service or good will decrease and as the price of a service or good decreases, consumer demand for service or good will increase. When all the other factors remain unchanged. [Irvin 2011] Below is a graph illustrating the law of demand? Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Source: (Rick Kash 2002) From the graph it can be seen clearly that when the price increase from P3 to P2 the demand falls from Q2 to Q3 consequently when the price decreases from P1 to P2, the demand increases from Q2 TO Q1. According to Investopedia, law of demand shows the consequences that price variations have on consumer actions. For example, a consumer will purchase more burgers if the price of the burgers falls. Relatively a consumer will purchase less burgers if the burgers price goes up or increases. That is the greater the amount sold, th e smaller the price should be in order for it to get purchasers or buyers. For instance, if the price of milk goes up automatically the demand of milk goes down [Rick Kash 2002] .The Sonnenschein–Mantel–Debreu Theorem is named after four economists who are Gerard Debreu, Rolf Ricardo Mantel, and Hugo Freund Sonnenschein. As a result of general economics. It states; ‘The surplus demand function for an economy is not limited by the usual reasonableness restrictions on individual demands in the economy’.For example, if in a country’s economy the price of a commodity like petroleum goes high the demand for this particular commodity is not affected by restrictions of the individual demand this is because the customers will still use the commodity. [Lain and Henry 1998] On the other side if the price of petroleum goes down the demand for the same commodity is not affected by restrictions of the individual demand for the same commodity because the amount r egularly consumed remains. Thus microeconomics reasonableness assumptions do not have the same macroeconomics results. The implications of the theorem are mostly manifested in the interdependent markets. The economic equilibrium cannot be exceptional or stable. According to the theorem, the Walrasian aggregate excess demand function inherits only certain properties of individual excess functions. Policy-makers did not favor forms of monetarism and supply-side economics, the New Classical economics is the dominant neoclassical theory.Advertising We will write a custom essay sample on The Law of Demand specifically for you for only $16.05 $11/page Learn More The theory says that the existing expectations in the financial system are correspondent to what the prospect state of the financial system will be. This contradicts the thought that administration policy influences the decisions of public in the financial system [David 2006] According to Investopedia the thought is that rational expectations of the company in a financial system will incompletely have an effect on what happens to the financial system in the prospect. Because he believes that the price will rise in the future. According to Sonnenschein Mantel Debreu Theorem (Sonnenschein 1973, Mantel 1974, Debreu 1974) they show that under assumptions under which general equilibrium theory has been developed, there are no limitations on the behavior of data aggregates either within a cross section or intertemporally. General equilibrium theory is an overarching organizing framework for economics. Without any limitations on the distribution of individual qualities, the Sonnenschein-Mantel-Debreu Theorem implies that general equilibrium theory imposes only extremely limited restrictions on combined data. Interactions methods bring the possibility that common types of combined behavior come out from widely changeable collections of individual’s qualities. Many comprehensive p henomena, externalities or other types of market short comings naturally exist which do not lie under the purview of general equilibrium theory [Bryant 2010]. General Equilibrium theory plays several roles in monetarism theory, According to the monetarist the money supply function is where the money stock comes from given the money stock, the demand for money, would settle on the speed of distribution. [James 1969]. The monetarists take the money stock to be an exogenous variable resolute independently in the money supply function; the rise in the monetary content influence the increase in money stock, that is, bank treasury and money in vigorous movement or in the money multiplier while in the theory by Keysian money is taken to be an induced unpredictable or a lively or sovereign variable. [Roger 1999]Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, according to this the returns increases, there would be a rise in demand for money thus the money seems to be formed from the variation of income. The monetary influence has full power on money supply through the stored requirement, interest pace and credit policy. A chain reaction would result from a change in the money of substitutions causing rates, interests, prices, employment, and production to change; income change results from monetary change. [Keizo Nagatani 1981]. One implied suggestion of monetarism is â€Å"lender of last resort† which is a Federal Reserve function, that is, a savior of institutions and as a stabilizer of monetary markets through the refinancing of money market entities and banks as a provider of reserves. Monetarism drawn in, first a theory cycle, and then as a result of these a suggestion for the behavior of financial policy. Specifically, price increases was alleged to be reasonable according to the rate of increase of the cycle, and the money supply, or more accurately it is revolving points according to the changes [Laidler 2004, pg 395]. In this increase rate as an conceptual mode the demand for money was a difficulty reasonably agreeable realistic to price theory , as an practical subject it seemed to be a stable function finely described by a small number of parameters [Friedman 1959]. Laidler different from Friedman who described money as a long lasting consumer he looked at it as a ‘buffer stock’ also different from the approach adopted by Friedman and Keynesian, the Walrasian equilibrium, he also embraced disequilibrium. Manchester monetarism, Laidler, had in reality never assumed the Keynesian is-lm model that he had used to express it nor market clearing. The ordinary rate of joblessness is the point that would be positioned out by the systems of general equilibrium equations by Walrasian. According to Laidler â€Å"What markets do in our theories, money does it in the world [Sylee 1990] . General Equilibrium Theory views the properties and process of liberated market economies. The ground is a response to a sequence of questions at first written by an economist by the name Leon Walras regarding the process of markets. Frank Hahn stated it in the subsequent way: ‘Does consistency come from the search of personal importance through a structure of interrelated deregulated markets, without chaos, and how is it attained? [Friedman 1968, Pg 8] Role played by General Equilibrium Theory in Monetarism and Rational Expectations Theories and the light shed on Rational Expectations by the said Theorem The role played by general equilibrium theory plays several roles in the rational expectations theory, a predominantly low value for shares in a corporation may indicate to an ignorant agent that better knowledgeable agents are not selling the stock or buying the stock. The view of rational expectation equilibrium is commonly acknowledged extension of the general equilibriu m to economies with unevenly knowledgeable agents. In rational expectations, representation agents maximize expected utility with respect to an updated probability distribution that combines their initial information with the additional information conveyed by the prices, but not with respect to an exogenously given probability distribution [Laidler and David 1984]. General equilibrium theory’s outlook is that wages and prices are either very sluggish in responding to change or rigid in overall demand and hence fail to complete their customary market payment functions. In the Keynesian analysis, in production and employment increases or decreases in overall demand in the short run such as occur in a business cycle expansion or contraction are reflected mainly in changes in the real economy, while proponents of the rational expectations equilibrium theory retain that, balance by adjustments in prices and wages is given by supply and demand even at the level of the overall econ omy are constantly. [Peter 2009] Employees and businessmen even if rational regarding the markets where they themselves operate are uninformed about all additional markets and accordingly prone to make mistakes on how much labor to supply or produce in response to a variation in demand.making these mistakes and then making a correction give growth to cyclical engagements. [Roger 1999] Reduced forms of models are required by the general equilibrium theory when the analysis of equilibria are being done ,without or with rational expectation requirement for the absolute requirement of markets, agents , e.t.c, that is, as it is required by general equilibrium theory.[Bryant 2010] According to the general equilibrium theory when markets are complete, and when agents are risk averse then they are tough on changes in fragile modeling options concerning the prior choice of the uncertainty to be included in to model. The objection of insurance then depends on the authoritative outcome of comp leteness insisted by the in effective theorem. Full insurance restores the efficiency of the market equilibria dynamic, possibly generated by arbitrary beliefs, in the presence of extrinsic noise. [Peter 1986] General equilibrium model insists on the hypothesis that agents expect future prices rationally. In general, equilibrium form, rational expectation hypothesis is common knowledge among the agents of the economy, where the competitive rational expectations mechanism functions smoothly. Agents with full expectations, make use of all the information. In general equilibrium theory assumptions are made that the economic representation and also agents that rationally there was common information to all agents and were to fully exploit this knowledge. This assumption was to explain the model [Emilio 2003]. General equilibrium theory under certainty is able to show that agent’s choices are compatible in a perfectly competitive market when they pursue their self-interest differe nt from the certainty environment, without this assumption. In a dangerous surrounding, the rational expectations hypothesis it is important to understand the agent’s actions and also the rational expectations equilibrium. The rational expectations theory is required to show some parameters anticipated on the up coming prices taken by the agent according to his behavior. [Ben 1998] Without this assumption or related one it would be difficult determine the relevance in a perfectly competitive market, the agent’s decisions in accordance to the rational expectations theory. The economy do not waste information and expectation are determined by the structure of the whole system. [Robert and Thomas 1988.] Expectations of financial variables would be subject to mistakes, without being for recognized for sometime as a significant portion of most justifications for changes in the point of business actions expectations of the company, or generally, the individual probability ci rculation of result have a tendency of been distributed, for the similar information determine the forecast of the hypothesis or the objective possibility of circulation of results. [Michael 1992] According to the theory, information is limited, and is not wasted by the economic system. The means by which expectations are created depends particularly on the organization of the appropriate structure describing the financial system a community forecast does not have any significant consequence on the function of the economic arrangement unless it is in relevant to the inside information.[Rodney and Michael 1982]. General equilibrium theory has shed light on the rational expectation theory by the several ways, for instance, People consider rational expectations, to keep the economy at equilibrium. More convectional outcome relating to the potential responsibility and extent of state economic involvement in large-scale policy were re-establish after the rational expectations were given in combination with the hypothesis instead of those of faultlessly working markets that had at all times been the easy perception of the Keynesian perspective. [Davidson 2002] It helps in shedding light on whether or not the financial system is able to convey to any type of harmonized equilibrium at all. The financial system produces a some insight on how large-scale policy operates and specifically regarding the function it plays in destabilizing or stabilizing the financial system, bringing it nearer to or taking it further away from a rational expectation equilibrium fully employed.[Hyman 2008] Rational expectation is sensible only if the populace is able to learn macroeconomics associations from the experience of staying in the financial system and the traditional consistency theorem in statistical assumption do not signify that these connections are actuality learnable for the reason that they are self referential in the nature of macroeconomic study. That is, statistical hypot hesis assures that, under relatively general circumstances people are supposed to be able to consistently estimate connections from observing an extended enough sequence of data brought about by those relationships [Bryant 2010]. In macroeconomics the connections come about, when people change their expectation of price increase due to recent experience and hence affecting the actual rate of inflation. [Frydman and Phelps 1983].It also helps understand whether or not the effort to find out about a system whose properties meet the rational expectations equilibrium is possible. Light is also shed on the time varying temperament of the rational equilibrium theory within general equilibrium stochastic form [Sargent 1993]. In conclusion, all the theories, that is, the general equilibrium theory, rational expectation theory, and the monetarist theory are all connected or related. Rational expectation theory puts together a variation of the expectation hypothesis with a monetary rule view and the general equilibrium hypothesis view. [Esther 1998] References List Bryant, W. D., 2010. General equilibrium theory and evidence. Hackensack N. J. world scientist Publishers. Singapore, Singapore. David, C. C., 2006. Post Walrasian macroeconomics, beyond the dynamic stochastic general equilibrium model. Cambridge University, Cambridge. Davidson, P., 2002. Financial Markets, Money, and the Real World. Edward Elgar, Cheltenham. Emilio, B., 2003. Financial markets theory, Equilibrium, efficiency and information. Springer, London. Esther, M. S., 1998. The evolving rationality of rational expectations: an assessment of Thomas Sergeant’s achievements. Cambridge university press, Cambridge. Esther, M. S., 1998.Changing perceptions of economic policy: essays in honor of the seventieth birthday of Alec Cairncross. Malden publishers. London. Pg 162 Hyman, P. M., 2008.Stabilizing an unstable economy. McGraw-Hill Publishers, New York. Irvin, B. T., 2011.Macroeconomics for today. S outhwestern publishers. Mason, Ohion. James, T., 1969. ‘A general equilibrium approach to monetary theory’. Journal of Money, Credit and Banking, Vol.1, pg 15-29. Keizo, N., 1981, Macroeconomic dynamics. Cambridge University press. Cambridge, UK. Laidler and David, E. W., 1984. ‘Misconceptions about the real bills doctrine a comment on sergeant and Wallace ‘, Journal of Political Economy. Pg. 149-155. Lain Begg and S. G. B. Henry, 1998. Applied economics and Public Policy. University of Cambridge, Cambridge. Pg 63 Marc, R.T., 1984. An institutionalist guide to economics and public policy. Armonk, N.Y Publishers, Sharpe. Michael, T. Belongia, 1992.The business cycle: theory and evidence: proceedings of the Sixteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis. Kluwer Acad. Publ., Boston. Pg 112 Peter Flaschel, 2009. The Macro dynamics of capitalism elements for a synthesis of Marx, Keynes and Schumpeter. Heidelberg Springer, Ber lin. Pg 14 Peter Wallace Preston, 1986. Making sense of development: An introduction to classical and contemporary theories of development and their application to Southeast Asia. Routledge and Kegan publishers, New York, London. Pg 226 Robert, E. L. and Thomas, J.S., 1988. Rational expectation and econometric practice. University of Minnesota press, Minneapolis. Roger, G., 2001. Sunspot multiplicity and economic fluctuations. MIT Press, Cambridge, UK. Roger, E. A., 1999. The macroeconomics of self-fulfilling prophecies. MIT Press. Cambridge, UK. Sylee, 1990. The monetary and banking development of Singapore and Malaysia. Singapore University press, Singapore. William O. W. and Alain T., 2006. The Blackwell dictionary of modern social thought. Malden Publishers. Oxford, London. This essay on The Law of Demand was written and submitted by user Hana Ford to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

3S271 CDC Essay Example

3S271 CDC Essay Example 3S271 CDC Paper 3S271 CDC Paper What three parts of the work center mission do you define during the anlaysis phase? Purpose, Products, and Customers What type of tasks must a needs assessment include? Daily routine, infrequent tasks, contingency, special work requirements, and additional duties Dependig on their availability and suitability, what documents may you use for identifying tasks in a specific work center Manning documents, training standards, mission statements, staff assistant visit reports, directives and past production reports What manpower documents identify AFSCs assigned to the work center? Unit Manning Document (UMD) and Unit Personnel Manpower Roster (UPMR) What Air Force manual identifies generic duties for each AFSC? AFMAN 36-2108, Airmen Classification What training documents can you research to identify specific tasks for the work center? Specialty Training Standard (STS), Career Field Education and Training Plan (CFETP), and Air Force Job Qualification Standard (AFJQS) List the two factors needed to qualify as a subject matter expert? Field Expertise and Recent Job Experience List the task you have to complete to prepare for an interview. Research, develop questions, set up the interview, prepare the room When conductig an interview, what is the basic goal of your questions? To gain information from the experts What is the term used to describe a person with in-depth work center knowledge? Subject Matter Expert (SME) When conducting the interview, why do you provide the SME with your phone number? In case the SME remembers other information later What can occur if the respondents are confused after reading the questionnaire instructions? They may discard the questionnaire What are the two types of questions that can be used on a questionnaire? Selection and Supply type When you develop an MTL, what do you list on it? All tasks done in a work center List the three types of training standards that you can use to develop an MTL. CFETP, AFJQS, and AF Form 797 What are the three characteristics of a task? Observable, measurable, must have a definite beginning and end When preparing a local training standard, how do you make sure the task is identified? By giving the task a descriptive title List the four levels you use to resolve a lack of training capability. Work center, unit education and training, base education and training, and MAJCOM career field manager level If a lack of training capability cannot be resolved at the base level, how do you forward this problem to MAJCOM? By using an AF Form 2096, Classification/ On the Job Training Action What training status code must you place a trainee in if you cannot resolve the lack of training capability at the base level? P What is an individuals training folder reviewed to ensure? To make sure applicable training standards are included On whom are initial qualification evaluations normally conducted? Recent formal school graduates and reassigned personnel List the additional training factors. Identifying personnel gains/losses, planning and scheduling training time, determining need for job rotation, and identifying work center training requirements When defining the work center training requirements, what do you have to do? Take the training requirements for each individual and add these task together. The sum total is all the work center training requirements. Where cana UTM look to confirm that a CDC is available for ordering? AFIADLs ;List of AFSCc with CDCs required; What on-line program allows UTMs to check CDC enrollment data at AFIADL? CDSAR Who determines the CDC volume completion sequence? The supervisor At what point in the CDC enrollment should you request an extension for a trainee? When the trainee enters the tenth month of enrollment CDC expirations beyond 90 days require what level of approval? Group Commander What forms the basis for all required unit training? Work Center Tasks Which usually provides the best information for identifyin work center tasks? Several sources Which document identifies personal information in manpower positions? Unit Personnel Manpower Roster (UPMR) Which publication describes the duties and responsibilities of all Air Force specialty codes (AFSC) in the Air Force? AFMAN 36-2108, Airman Classification The specialty training standard (STS) is part of the Career Field Education and Training Plan (CFETP) Which factor concerning subject matter expert (SME) qualification is based on time in the career field and in a particular job? Field Expertise When preparing for a subject matter expert (SME) interview, your first step is to review the Mission Statements The publication that contains information about organizations and their mission is the Air Force Mission Directives (AFMD) When researching for a subject matter expert (SME)interview, the tasks that are the easiest to identify are the normal day-to-day requirements What directive list mandatory requirements for a specific career field? AFMAN 36-2108, Airman Classification In researching for a subject matter expert (SME) interview, which form identifies the duties required for civilian personnel? AF Form 1378, Civilian Personnel Position Description Questions developed for a subject matter expert (SME) interview should be specific and pertain to the subject When asking questions during a subject matter expert (SME) interview, speak distinctly and clearly When used on a questionnaire, a closed-ended question limits the choice of possible responses Replies to what type of question on a research questionnaire can provide additional information beyond the scope of your question? Open-ended When developing a master task listing (MTL), keep it as simple as possible Which training document can be part of a master task listing (MTL) and shows tasks that are applicable to an entire career field? Career Field Education and Training Plan (CFETP) Which training standard is prepared by the Air Force career field managers (AFCFM) and describes a particular duty position? Air Force Job Qualification Standard (AFJQS) In reviewing tasks for a training standard, when the results of an action on a persons part can be seen, the task is said to be observable The task title is comprised of a verb and an object When a question of training capability arises, what base-level tool is available to determine if there are any local personnel who have retrained out of the Air Force specialty code (AFSC) in question? Military Personnel data system (MilPDS) What training status code (TSC) is used when a training capability problem prevents a trainee from progressing in training? P Who can authorize automation of a specialty training standard (STS)? Air Force career field manager (AFCFM) When conducting an initial evaluation on reassigned personnel, match the individuals qualifications to the work center requirements Training needs of an individual are called individual training requirements What do task objectives help you do? meet each training program objective List the three basic parts of a task objective. Condition, Performance/Behavior, and Standard What are the two basic ways of measuring a persons knowledge of a subject? Written and oral tests List the selection-type questions that you can use on a written test. Multiple choice, matching, and true false What should the questions used for an oral test require the student to do? Explain why he or she is performing certain functions What are you looking for when you review the test and questions? To see if questions are valid, reliable, comprehensive, objective, and discriminatory in nature. On what is a performance test based? Directly on what the individual is required to perform What are the three basic parts of a performance test? Objective, references/materials and Instructions What are the four common rating errors on which you need to train evaluators? Standard, Logic, Central Tendency, and Halo Long-term objectives are most often comprised of two or more short-term goals called task objectives What element of an objective tells the trainee the level of perfomance that must be met? Standard What are two-types of test items? Selection or supply type Which type of test questions can you use the same way as you do a multiple choice type? Matching When a test measures what it is suppose to measure, then the test is Valid If a test shows who knows and does not know the material, then the test is differentiating The references or materials used by a trainee during the performance test are those used by the trainee while learning the objective When developing a checklist for a performance test, include those items required for complete performance Which common rating error occurs when an evaluator sets how well the task is done according to his or her own ability to perform the task, which results in a high passing point? Standard List the three ways to prioritize tasks. Job Performance, Psychological, and Logical When can actual task performance begin once you set up a trainees training program? After the trainee acquires the task performance knowledge List the methods you can use to present information to the trainee or trainees? Lecture, coach/pupil, demonstration/performance, computer assisted, and qualification training packages List the four phases of the D/P method. Explanation, Demonstration, Performance, and Evaluation What is one of the complaints about computer-assisted instruction? That most computer-assisted lessons are nothing but page turners, and you can gett the same information from an AFI. Who normally develops a QTP? AFCFM What are the resources you would use when doing research for completing a task breakdown? Yourself, books and other experts. What must you identify when developing and documenting a task breakdown? Subtasks, procedural skills, and supporting knowledge Once you feel you have finished the task breakdown, what secific things do you look for when you review it to make sure it isa good product? Completeness, accuracy, and required equipment List the three major parts of a lesson plan Introduction, development or body and conclusion List the four basic parts of the introduction Attention, motivation, overview and transition On what document is the body of your lesson plan based? Your task breakdown List the three parts of a conclusion Summary, Remotivation, and Closure There are many types of teaching aids available; what should you consider before you select the ones that you will use? Those that are easiest to use, most inexpensive to develop and maintain, but that add realism to the learning process List at least six types of teaching aids. Any six of the following: equipment, printed matter, chalkboards, whiteboards, flat pictures, mockups, trainers, simulators, transparencies, television, and computers List the three steps you use to schedule training Prepare tentative schedule, coordinate, and assign trainees to a training session roster What is the first thing you do when coordinating the training schedule? Determine how many sessions are offered and the times that they are held What do you provide to each affected supervisor after you schedule trainees for training? A copy of the training roster or a training notification letter

10 Interesting Facts About Gold

10 Interesting Facts About Gold There are many interesting facts about the element gold, which is listed on the periodic table as Au. This is the only truly yellow metal on Earth, and theres a lot more to learn about gold. Gold Facts Gold is the only metal that is yellow or golden. Other metals may develop a yellowish color, but only after they have oxidized or reacted with other chemicals.Nearly all of the gold on Earth came from meteorites that bombarded the planet over 200 million years after it formed.The element symbol for gold is Au. The symbol comes from the old Latin name for gold, aurum, which means shining dawn or glow of sunrise. The word gold comes from the Germanic languages, originating from the Proto-Germanic gulà ¾ and Proto-Indo-European ghel, meaning yellow/green. The pure element has been known since ancient times.Gold is extremely ductile. A single ounce of gold (about 28 grams) can be stretched into a gold thread 5 miles (8 kilometers) long. Gold threads can even be used as embroidery thread.Malleability is a measure of how easily a material can be hammered into thin sheets. Gold is the most malleable element. A single ounce of gold can be beaten out into a sheet that is 300 square feet. A s heet of gold can be made thin enough to be transparent. Very thin sheets of gold may appear greenish blue because gold strongly reflects red and yellow. Although gold is a heavy, dense metal, it is generally considered non-toxic. Gold metal flakes may be eaten in foods or drinks.Pure elemental gold is 24 karat, while 18 karat gold is 75 percent pure gold, 14 karat gold is 58.5 percent pure gold, and 10 karat gold is 41.7 percent pure gold. The remaining portion of the metal usually used in gold jewelry and items is silver, but items may also consist of other metals or a combination of metals, such as platinum, copper, palladium, zinc, nickel, iron, and cadmium.Gold is a noble metal. It is relatively unreactive and resists degradation by air, moisture, or acidic conditions. While acids dissolve most metals, a special mixture of acids called aqua regia is used to dissolve gold.Gold has many uses aside from its monetary and symbolic value. Among other applications, it is used in electronics, electrical wiring, dentistry, electronics, medicine, radiation shielding, and to color glass.High purity metallic gold is odorless and tasteless. T his makes sense since the metal is unreactive. Metal ions are what confers flavor and odor to metallic elements and compounds.

Research Paper Example | Topics and Well Written Essays - 1000 words - 2

Research Paper Example Moreover, the article elaborates on the several facets of evolution. This includes the notion that all living species share a common ancestry. Consequently, the theory states that there exists a relation among the entire world’s species. The second facet pertains to the process of natural selection that drives evolution. Evidently, the natural selection process is also known as the survival of the fittest. Thus, the author offers an explanation of survival of the fittest theory or the natural selection process. Evidently, the theory was formulated by Darwin who believed that all species struggled to fight for limited resources. However, Darwin theorized that each individual species possessed a difference in gene superiority that exhibited greater survival chances. "What is Evolution?"Â  Science – AllAboutScience.org. allaboutscience.org, n.d. Web. 27 Nov. 2012. . The article begins by delving into the definition of evolution. To this end, it defines evolution as a syst ematic process whereby an organism undergoes change into a more complex and enhanced form. Moreover, the article acknowledges that the evolution theory has been used to explain life on earth. In addition, the article elaborates on the various components of evolution. ... In reference to micro evolution, the article stipulates that there are variations that occur within a species. For example, micro evolution is used to explain how wolves, foxes, dogs, coyotes, jackals and dingoes evolved from a parent pair of dogs. Incidentally, the variations occur in a downward manner and are limited by genetic codes. This means that species such as dogs do not develop new limbs such as wings and change to flying. To this end, there is neither loss in genetic information nor any further addition. On the other hand, macro evolution relates to the important or greater changes in the primary functions by organisms. Moreover, macro evolution involves change from a particular kind of animal or plant into another. In addition, it occurs after several genetic mutations as opposed to during the life of a single organism. Thus, macro evolution attempts to offer an explanation of how the millions of different species came into existence. Kim, Seongcheol, Pudur Jagadeeswaran, Vrinda Kulkarni, and Maira Carrillo. "PLOS ONE: Evolution of Primary Hemostasis in Early Vertebrates."Â  PLOS ONE: Accelerating the Publication of Peer-Reviewed Science. PLoS ONE, 1 Jan. 2009. Web. 27 Nov. 2012. http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0008403. The primary research article delves into the evolution of primary hemostasis in early vertebrates. To this end, the authors define hemostasis as a defensive system that protects an organism by stopping bleeding when an injury occurs. Evidently, the researchers discovered that the main hemostatic factors in mammals were present in the early vertebrates. Moreover, they acknowledged that the exposure of the vascularised