Micro economics extra credit Coursework Example | Topics and Well Written Essays - 750 words

Micro economics extra credit - Coursework Example There are various concepts that explain microeconomics in the case of Mr Shea, who faced an eviction notice after renting his terrace to a visitor who turned out to be a private investigator (OTTERMAN page 1-2). Consumer protection This concept refers to the assurance of quality and safety in the products the consumers purchase and consume. Trusting the producers makes the economy flourish. In the case of Mr Shea, he provides room for visitors at cheap prices and there is no assurance of protection and safety (OTTERMAN page 1-2). When one of the visitors arrives , Mr Shea smuggles the visitors’ language using a laundry cart to avoid attention from the neighbors or the co-op board (OTTERMAN page 1-2). He goes to the extent of asking the visitor to identify himself as a friend to Mr Shea in case anyone asked. The internet communication from the visitors to private hosts is not an assurance of safety since some of the hosts may take advantage of the situation to make money out of the visitors (OTTERMAN page 1-2) Demand Demand refers to the extent at which a good or service is needed in the market. Demand not only refers to the quantity but also to the demand curve of a product. This traces the degree at which a good or service is demanded at different prices. ... This was to ensure to the quality of the rooms thus attract many visitors (OTTERMAN page 1-2). Profits Profits refer to the earning of returns by the capitalists through their efforts in the provision of their inputs. The capitalists are willing to go through denial of self gratification to invest some of their resources in fruitful activities (OTTERMAN page 1-2). Profits occur as a result of taking risks by different investors. The investments yield profits while others don’t. David Shea and the co-op board of affordable development rent out terrace to earn profits (OTTERMAN page 1-2). Mr Shea estimated a reasonable number of fifty visitors between 2011 and 2012 making an income of $6,000 which served as his profits because there was no taxation. Mr Shea goes against the rules of the co-op board which prohibits sub renting for profits even though David Shea says he was unaware of the rule (OTTERMAN page 1-2). Receiving anything of value from the invitee, occupant or the guest in exchange of habitation, whether it is permanent or temporary is not curable since it is fraud and profiteering. . Hosts present for the visitors added up to fifteen thousand thus losing millions in the hotel occupancy taxes (OTTERMAN page 1-2). Producers A producer refers to a person creating and supplying goods or services to potential consumers (OTTERMAN page 1-2). The producers combine the labor and capital which are factors of production. When a producer offers their services to the consumers, they get a reward, in this case a profit. Mr Shea offers services to his guests through the renting of terrace to guests at affordable prices (OTTERMAN page 1-2). The idea of renting came about when a therapist suggested to David

Conflict Can Be Character Building Essay Example for Free

Conflict Can Be Character Building Essay â€Å"Conflict Can Be Character Building† â€Å"Character building† is such a common phrase and has become a cliche designed to put a positive spin on painful experiences. While it is true to say that conflict is an inevitable aspect of life, it is not true to say that it always results in â€Å"building† people. In fact in some cases it tragically destroys them. While novelists and filmmakers, in particular, build a plotline which neatly introduces conflict, complications and crisis points which always lead to a positive resolution, real life doesn’t work that way. Stand by Me neatly follows this pattern, while real life conflicts such as friendship rifts, religious rivalries and political unrest may never be resolved and destroy many lives. Rob Reiner’s Stand By Me portrays conflict through its narrator and protagonist’s reflections of an important journey he took when he was twelve. It was a journey that helped him confront some of his own internal conflicts regarding the loss of his brother, grief and his relationship with his grieving parents. It also explored the personal conflicts of his peer group and their own internal struggles as well as the conflict they had with family and a rival â€Å"gang†. While Gordy’s â€Å"victory† in finding the body and standing up to Ace is a crisis point in which he emerges as a hero, we are aware that there are still conflicts that have been overlooked in the focus on the one experience. The other characters are glossed over as they return to their unhappy and dysfunctional homes and so too is the fact that the threat of retribution from their rivals. The film is tied up with a content Gordy who conveniently became the writer his older brother always told him he was, had a nice home and happy relationship with his own son and has memories of â€Å"friendship† to cherish. But we need to focus on the most tragic conflict from which his friend Chris does not survive. â€Å"He was stabbed in the throat; he died almost instantly. Although I hadnt seen him for more than 10 years, I know Ill miss him forever.† Group conflict is a reality most of us experience on a regular basis.It comes in many forms.It can be about friendship groups, family feuds, school or institutional authority, gang supremacy, sporting, political, religious or racial rivalries in the extreme state of outright war. Individuals and  groups do clash. Sometimes the conflicts are accepted as differences that will never change while other times they ignite violent reactions. Even bullying is seen as a conflict and for those who are truly affected by bullying and inturn suffer a life long struggle with mental health and self esteem-these people do not ‘build character’ whatever person they were has been destroyed. Instead of the polite, outgoing person-a new, changed character has come about and with it is drugs, self harm and eating disorders. Australia has seen many refugees and asylum seekers risking life and limb to reach our shores in an effort to escape conflict. We know that may of them don’t make it many losing lives at sea and others scarred by the trauma of loss and their journeys. Our community has opened itself to many of the â€Å"lucky† ones who do make it here and yet they will tell you that the conflict in their lives haven’t â€Å"built† them but harmed them. Some have confessed that they will never recover, haunted by their experiences every day is a struggle. They don’t look back and say they are glad for the conflict as it gave them an opportunity to â€Å"build character†. Many people fear conflict with others but fail to consider the harm internal conflict has on them. There is an acceptance in dealing with or being concerned about conflict with others and internal conflicts still seem to be an issue most people are ashamed to acknowledge, much less discuss. True to its name they keep it all internal and wage a struggle on the inside.Internal conflict leads many to suffer silently on a daily basis and rather than build their character it can absolutely warp them and even break them. Depression, substance abuse (drugs and alcohol) as well as self harm, risky behaviours and suicide are all results of internal struggles that have not ended in â€Å"building† but instead ruining character. â€Å"Dealing with one young person’s sexual orientation was such an internal conflict that he turned to drugs and ended up a completely different personality who sadly overdosed. Friends and family just couldn’t understand why it ended so tragically.†- It is not an uncommon story. Character building happens in many ways. Ultimately, It happens through experience, growth, education, love, relationships, travel and support to name a few. It is wrong to assume that true character growth can only happen  with painful experiences and conflicts. It may be the case that sometimes a conflict teaches us a great deal and can contribute another layer to our character, but it is also more often the case that conflict can start a chain of events that ends in tragedy and has a destructive effect on an individual or groups of people which can even reverberate for generations.

Impact Of Globalisation On The Airline Industry Tourism Essay

Impact Of Globalisation On The Airline Industry Tourism Essay Globalisation Process is been a universal force. Factors contributing to globalization include market, production, culture, labour, technology, environment and regulation. Globalization provides huge potential profits to companies and nations. Air travel is a large and growing industry. Economic growth, world trade, international investment and tourism is been facilitated by Airline Industry. Various improvements regarding the air travel both commercial including government and private airlines have grown. Introduction of a few airlines from Boeing like Boeing 747 have increased the capacity of passengers to carry and have made it affordable for people to travel with luxury and comfort. Improvements and contribution from government has increased the development of resorts and infrastructure to attract lure tourists from the prosperous countries in Western Europe and North America. With the growth of economies of developing countries their own citizens are becoming the new international tourists of the future. The rapid growth of world trade in international direct investment has also contributed to growth in business travel. Worldwide, IATA, International Air Transport Association, forecasts international air travel to grow by an average 6.6% a year to the end of the decade and over 5% a year from 2000 to 2010. Airlines industry has been raised by up to 9% a year and is forecast to continue to grow rapidly, although the recession has hit the market in these years. The main air travel markets of the future will continue to be in and between Europe, North America and Asia in terms of total passenger. Example, Airbus and being the current upcoming airlines in commercial with new technological changes. CURRENT TRENDS: The current trends in India as well as other big players in the market based on the regulations are as follows:- The growth of the airline industry is tree having n number of branches irrespective of private or public sector. There has been 7% growth of air travel per year for both business and leisure purposes which grew strongly worldwide. The Scheduled airlines carried 1.5 billion passengers last year. As far as the leisure market is concerned introduction of Boeing 747 made it convenient and affordable for people to travel for new and exotic destinations. Net operating revenues in the quarter were under $2 billion, a 19% increase has resulted in strong anticipated payments volume, cross border volume and process transaction growth worldwide. Down from 7.4 per cent in 2007 IATA exects a passenger Growth at 5% in 2008. The government have merged the Air India and Indian Airlines into one Airline, which will be taken over other private airlines further as per the market demand. The airlines has low stock with the public, but now that there are a host of private airlines, customers are no longer willing to do so. The result is that the flag carrier has been losing both market share and public goodwill. The investment in the private industry is increasing as these days the public sector is been dominated by the private sector. CURRENT SITUATION: Mergers: Mergers have had a great impact as far as the Indian airline industry is concerned. Mergers have either enhanced the economy growth or have reduced it. As far as Indian market is concerned mergers within the public sector have taken place where by the upcoming results are not satisfactory. Expansion: The expansion has created new options for travellers, but it has not significantly affected Airlines position. For example, Air Canada estimated that it had a 90% share of Canadian travel agency in 2001 and sales and share of 75% seat capacity in the domestic market. After Air Canada gained control of CAI, it became the sole carrier on the majority of the top 200 domestic routes. untitled.bmp Approval of major decision: Unlike the private airlines the approval of civil aviation for major decision concerning the officialdom and the other legal formalities and the well being of the industry and the things accompanying it. Private sector investment: As in many other fields like banking or insurance where government allowed private sector entry, the state-owned entity has suffered on the same scale. Firstly the labour under bureaucratic procedures has result in long-delays in operational matters like purchase of aircraft, choice of routes, and sale of bilateral. Profits jump from 40% -50% as far as sales are concerned. OPPORTUNITIES AND THREATS The opportunities and threats basically imply the various opportunities that the airline industry is facing and going through whereas, the threats imply the rivalry, the new entrance and substitutes which in turn illustrates the way the progress of the industry or the business is going. Airlines and the allocation and maintenance cost. The airlines are one big industry with huge cost and investment where the allocation cost and the maintenance cost servers as the major factors for the industry. The cost as per as the price is concerned fluctuating market prices are a big threat to the airline industry as ression hits this area and the economy downfall would cut down on the financial part of the airlines to fit the things as per their budget. Like most other industries at this stage, airlines have not been immune to the global economic downfall. At the end of 2008 cargo traffic bottomed out, posting a dismal 25% may decline. Many airlines, particularly in the U.S., responded with aggressive capacity adjustments and an four quarter loss was served. The number of aircraft taken out of service exceeded the number of new aircraft delivered in the end of the year 2008. The expansion of fleets, which forced the airlines to drastically reduce capacity by cutting both flight frequencies and uneconomic routes. Adding to the weak aircraft utilization, defined as the percentage of revenue ton-miles divided into available ton-miles, resulting in disastrous fall in yield by 20%. Though 2009 contained high economies for the airline industry. International cargo traffic improved by 12% over from 2009 till present. Rising demand, shrinking capacity It includes two type of demand namely, the requirement for the flights are high by the passengers but the airlines having their flights are very less as compared to the demand. Due to the economy downfall the visa versa is happing a lot these days. The current ample space available onboard for most aircraft is quite less, though the capacity has been cut out. The market of airlines industry is expected to grow at 13%, and continue to grow at a progressive rate till 2012 as can be predicted. Regulatory pressure There is also increased awareness by industry and additional scrutiny given by FDA and other national regulatory bodies. The Regulations as per the government as to the directions and ways are still pressure and intervention from the private airlines. GOVERNMENT POLICIES AND ITS EFFECT: The response of government to various issues as faced by the airlines industry and the way the it affected the economy: Strikes: The strikes have been faced a lot when it comes to the airlines industry. As per the recent records to the policies given by the government of removal of workers from jet airways in India due to the recession crisis created a strike problem. As there was over staffing of employees jet decided to remove a few employees. Being private airlines the workers could not make a change in the decision and hence ended up with a strike. Finally government took a stand and the process was stopped accordingly. Conflicts: The conflict between airlines and the airlines with the government has many aspects relating to it. As Boeing 737-800 less than two minutes after take-off crashed on May 5, 2007 in the midst of a thunderstorm, but the report said poor weather or mechanical error and the government had nothing to do with it. Kenya Airways is hence fighting against Ethiopia Airlines, Fly540 as well as South African Airlines for control of Africas airspace with safety. The government thus came forward with it and a better management of its weather forecast and other aspects were asked to take care off. Also, Sahara and Jet airways were supposedly to become rivals as Sahara wanted to take over Jet but without having any liability. Hence, the later was taken an off as the deal did not crack out. Taxes: The government imposes several taxes as far as airlines industry is concerned. The tax starts from the upbringing of these airlines in various sectors. Thus, the government has imposed passengers tax for about landing in international airports. Thus an increase in the taxes has a negative impact on the economy though nothing can be done in this context, lest the price is increased considerably. Turnover: The turnover for the airline industry has been quite a subjective matter as in the past two years the economic downfall has removed many employees from their respective jobs, though government airlines are still not under the amount of pressure as per the private ones but a cut down in a salary is the problem they face. The growth in terms of the GDP has been progressing in the airline industry. They differ from country to country. As the highest GDP forecast is for Qatar Airways, Briatin and the least for Iceland. The industry is one with huge investment and huge outcome resulting in dominating a major portion of the economic industry. gdp_growth2009.gif Mergers: The mergers that include the contract between two companies or industries under the same footnote to come and serve as one influencing the other or improving the current scenario. The government are many times in support of the mergers depending upon the situation and the outcome of the merger. Currently as far as India is concerned the merger or takeover of the government airlines by a private one is been talked about. As the situation of Air India these days is been going verse as not sufficient airplanes to carry and Boeing have certain destinations and areas as per the government rule as to where the flights can operate and others. Hence, the government will cooperate if the mergers are for the well being of the economy else it will be of no benefits for the other. Findings: The expansion of the airline industry is on hype. The growth of the airline industry is having a positive impact on the economy as they in turn are the inflow of cash for various other activities. In general for the airline industry are to be meet when a decision concerning the same is been taken into consideration. As the civil flying standards are to be meet. The current trends or recession has hit the airline industry to a less extent as compared to the others. And hence, it still serves its purpose and is least affected by the economic downfall, effect was seen only on the initial stages where a lot of flights were cut down and those relating to the less economic places had no longer flight schedules. Difficulty is faced when a new player gets into the airline industry due to huge infrastructure and much because of the government rules and policies. Once the airline industry requires huge some of investment as well as a favourable balance to carry out the rest. Private sector has been dominating the airlines and future can be seen as the private players are the market leaders and the government intervention has been quite reduced. New techniques of constant improvement as far as the technical aspect of airlines is concerned and Boeing has made a few major changes in its airlines and technology has been improved for the better. Constant updating for comfort and luxury are taking the upmost priority and the cost are been kept into the budget of the current public scenario. Highly complicated set off recruitments and processes for talking the employees have been faced as far as the private airlines are concerned and government strictness over the official commercial airlines too have maximised. Cut throat competition have been faced with in the several companies of airlines, where by options for talking over the other is been the best outcome to reduce the competition. RECOMENDATION The regulations pertaining to the airline industry are quite transparent and need less scope of improvement. The target market should soon hit the lower income groups as well though efforts are been done for the same but not internationally. As per the flights schedules, weather and other environmental factor the frequency of flights should be increased. Negotiate long-term contracts with service providers to lock-in incremental fees and surcharges as such. Evaluate the feasibility of ocean freight and for some portion of international deliveries which hold importance. Establish and develop high Quality Agreements between appropriate stakeholders Develop a Plan B which means to hit the target market and serves the industry well. Further scope of improvement from the government of motivating the online booking strategy. Government intervention should be slightly reduced and proper taxes should be charged and reviewed. Strengthen and change the impact and regulation wherever necessary.

Life of Euripides :: Biography Biographies Essays

Life of Euripides    Euripides, the last of the great tragedians, lived a life filled with controversy and moral issues that influenced, as well as appalled, many people of his time. Throughout the centuries he has gained more acceptance in the literary circles as well as in the eyes of the public. It is difficult to write about his life only because he lived so long ago and there are many different opinions and theories as to what is factual and what is not. What is known about his life, and how he lived it, has remained an interesting topic. What his work influenced and who followed his ideas have contributed to his lasting popularity. His life was filled with triumphs and controversies that contributed to his greatness. It is this greatness that people have followed for over the last two thousand years.    Euripides was born on the island of Salamis around 480 B.C. However, a Parian marble states that his birth was in 485 B.C (Bates 5). He was born into a somewhat rich family and was educated in the arts (as in painting) and trained in athletics. He began to write around the age of eighteen and became interested in philosophy soon after. Many people considered his ideas and thoughts as being too controversial for the time period. Euripides wrote on subjects such as religion, injustice, the gods and women. Being the free thinker that he was, these topics were considered socially abnormal.    Euripides often wrote of socially insignificant people like women and slaves while giving them god-like powers. He often made his women characters evil by making them violent Medea. The more taboo subject of incest was brought into his plays also. Euripides wrote many great plays during his lifetime, yet he was constantly beaten in the State competitions. The official judges of the competitions were against him because he did not cater to the views and opinions of the Athenian crowds. Throughout his life he only won five awards, and the fifth one was not awarded until after his death (www.imagi-nation.com). He was under constant criticism from others about his tragedies. One well-known critic was Aristophanes, who constantly spoke negatively about Euripides ( Bates 7). He wrote Women at the Thesmophoria, which was about the murder of Euripides, and Frogs, in which Euripides was parodied again.    The plays of Euripides had influenced many other authors over the years.

C. Vann Woodwards The Strange Career of Jim Crow :: Woodward Strange Jim Crow Essays

C. Vann Woodward's The Strange Career of Jim Crow C. Vann Woodward’s book The Strange Career of Jim Crow is a close look at the struggles of the African American community from the time of Reconstruction to the Civil Rights Movement. The book portrays a scene where the Negroes are now free men after being slaves on the plantations and their adaptation to life as being seen as free yet inferior to the White race and their hundred year struggle of becoming equals in a community where they have always been seen as second class citizens. To really understand the motivation of C. Vann Woodward’s motives of his book, The Strange Career of Jim Crow, one must look at Mr. Woodward’s life. Comer Vann Woodward was born and raised in Vanndale, AK in Cross County on November 13, 1908. The town was named after his mother’s aristocratic family. He attended Henderson- Brown College in Arkadelphia, AK for two years before transferring to Emory University in Atlanta, GA in 1930, where he graduated. He received his PHD in history at the University of North Carolina and after he took graduate classes at Columbia University where he was introduced and influenced by the Harlem Renaissance. Woodward taught at Johns Hopkins University from 1946-61 and at Yale University from 1961-67. He won the Pulitzer Prize in 1982 for Mary Chestnut’s Civil War and won the Bancroft Prize for Origins of the New South*. It was when he was teaching at Johns Hopkins when he wrote the book, The Strange Career of Jim Crow. It was during the court ruling of Brown vs Board of Education in 1954 that Woodward started his lectures, which lead to his book, at the University of Virginia. His audience was more or less surprised about the race relations of the old south during reconstruction; most thought that the two races have always been separated with hatred. Woodward argues that the Jim Crow laws of the 1890s were a new concept of separating the two races. Throughout slavery and during the reconstruction period, the two races were fully integrated working on economics and political problems; the separation of the two races would lead to an insufficient and ineffective plantation. â€Å"The typical dwelling of a slave-owning family was a walled compound shared by both master and slave families.

Dionysus :: Ancient Rome Roman History

Dionysus Dionysus, also known by his Roman name Bacchus, which he appears to have two different origins. Dionysus was the god of wine, agriculture and fertility of nature, but on the other hand he also represents the mystery in religions. Scholars believe that this god came about later in pre-history, unlike other gods. Almost all barbarian nations had their own versions of Dionysus under many names such as, Bacchus, Zagreus, Sabazius, Adonis, Antheus, Zalmoxis, Pentheus, Pan, Liber Pater, or simply "the liberator." His symbol was the thyrsus, (which is a staff tipped with a pinecone, sometimes with ivy leaves) Dionysus was born of fire, he was good and gentle to those who honored him, but he also brought madness and destruction to those who ignored him or the rituals of his cult. "One day, Zeus was traveling on Earth. He wore a disguise; because undisguised no mortal could look at him and live. He came to Thebes, and Ancient City of Greece where he fell in love with Semele, the daughter of King Cadmus. Their love was immense, and before they knew she became pregnant. Semele wanted nothing else but to look into the eyes of her true love. Her nurse, who happened to be the disloyal Hera in disguise, influenced her cruelly. Semele could not stand it any longer and finally, she asked Zeus to give her a good fortune. He was deeply in love with the young women and did anything she pleased. He swore an unbreakable promise on the river Styx that she could have anything she wished for. Meaning no harm, Semele asked to see the god of thunderbolt, Zeus was frightened. He knew that this would mean her guaranteed death. "NO" he cried in torment. "Anything but that. You do not know what you're asking for." She insisted and Zeus miserably kept his word and granted her wish. As he reveled his burning appearance, the unlucky Semele was almost completely destroyed by the fire, except her womb, which she had wrapped with some ivy. Zeus was angry, he quickly took the fetus from the womb, cut open his own thigh, and put the child into it. The child continued to grow in Zeus's thigh, when development in the womb was complete, Zeus gave birth to the baby, Dionysus. The child of fire had been born with a brand new force to be discovered.

Hunger Games Book vs Movie Essay

The book and movie of the story The Hunger Games were great! Even though the movie wasn’t exactly alike it many similarities, but only a few differences. In my point of view the book was better. The book had more description, the story line was great, and it was just all around an awesome novel. My favorite parts were the killings in the book, which in the movie they didn’t use the same description and graphic in the movie as they did in the book. One of the kills that really stood out was one of the first when a girl lit a fire in the forest and the group that Cato led attempted to kill her but failed in a way they had sent Peeta back to finish him off in the book. In the movie they killed her right away. One of my favorite characters from district 11 was named Thresh his death was sad. But before he died Katniss the main character from district 12 took care of Thresh’s tribute partner so Thresh saved Katniss’s life. Katniss was running to get a package to save Peeta from dying cause she was really starting to care about him. This girl came up behind her took katniss to the ground and was playing with knife she was going to kill her with, when thresh came up and took her off Katniss and beat her to death, then spared her life. Later, the games were taking so long they released hungry savaged dogs to hopefully speed up the games. They got to Thresh first as soon as his death the sound of a cannon went off to signify his death in the book, but in the movie Cato killed him. Another death, in which I was excited for in the movie, was Cato’s death. Cato was the antagonist in the story, the leader of a group of people that train their whole lives to participate in the games. In the book Peeta, Katniss, and Cato are the final three tributes. Peeta and Katniss were walking and randomly a dog starts chasing them so the run to the cornucopia, a place where weapons and shelter is, Cato is waiting thee for them so he can kill them and win the games. Well Peeta and Katniss run and get the top, Cato’s just waiting there for them Peeta Runs at him to fight him. They fight and Peeta throw him over the edge to get attacked by the savage dogs. The book says that he lay there screaming and suffering for hours on end, the next morning is when he is relieved by Katniss shooting him in the head to end his life. In the movie She kills him immediately after they knock him off the edge. I was looking forward to him dying he was one of my least favorite characters. All in all the movie and book were both magnificent I would prefer reading the book first then comparing differences, the movie had many similarities, Too many to explain. Over all there weren’t very many differences, mainly it was only deaths that were different. P