Macroeconomic Objectives - 2174 Words

Content Introduction----------------------------------------------------------------------------------2 Part one-------------------------------------------------------------------------------------2-3 AD=G+I+X-M--------------------------------------------------------------------------------2-3 Part two--------------------------------------------------------------------------------------4-5 Macroeconomic objective----------------------------------------------------------------4-5 Part three--------------------------------------------------------------------------------------5-7 Conflicts--------------------------------------------------------------------------------------5-7†¦show more content†¦Net exports (NX, and sometimes (XM)), that is, the country s output net demand around the world. In short, a country in a given period of time, aggregate demand (D or AD) = C + IP + G + (XM). These macrovariables is constructed for each of the different types of microvariables price, so these variables in monetary terms (actual or notional). This is the AD means in the economic. Part two Macroeconomic objective Low unemployment (full employment) It is important to keep unemployment levels as low as possible. High unemployment is expensive for the government and, therefore, for the taxpayer. For every unemployed person, there are two costs to the government. However There are other costs of unemployment. There is the cost to the whole economy in terms of wasted, unused resources. The existence of any idle resources means that the economy will be at a point within its production possibility frontier (PPF). Low inflation (Price stability) Some would say that the main reason why the control of inflation is so important is that if inflation gets out of control, the economy stops growing. If inflation rises, the Monetary Policy Committee (MPC) is forced to raise interest rates. Consumers will stop borrowing to spend and firms will stop borrowing to invest. The housing market will slump, and along with it all the home improvement consumption that goes with it. Manufacturers exports will become less competitive. The economy may wellShow MoreRelatedObjectives of Macroeconomics1477 Words   |  6 PagesIntroduction to Macroeconomics Chapter 1 Introduction to Macroeconomics 1.1 INTRODUCTION †¢ †¢ †¢ †¢ †¢ †¢ †¢ Economics is divided into two main branches: microeconomics and macroeconomics. Macro means large, and micro means small. Microeconomics takes a close-up view of the economy by concentrating on the choices made by individual participants in the economy such as consumers, workers, business managers and investors. Microeconomics stresses on the role of prices in business and personal decisionsRead MoreMacroeconomic Objectives Of The Malaysian Economy1542 Words   |  7 PagesFour macroeconomic objectives In this section I will be discussing how well does Malaysia manage to achieve the four macroeconomic objectives which are; high and stable economic growth, low unemployment, low inflation and avoidance of large balance of trade deficit. One of the ways that Malaysia’s economy plan to reach the goals of high and stable economic growth is by implementing a fiscal consolidation â€Å"The Malaysian government has embarked on fiscal consolidation† (Ratings and Investment InformationRead MoreMacroeconomic Objectives And Economic Growth1371 Words   |  6 Pagesmacroeconomic objectives simultaneously? In answering the above question the author has considered the four macroeconomic objectives and these are: 1) Economic Growth Economic growth is the increase in the capacity of an economy to produce goods and services, compared from one period of time to another. Economic growth can be measured in nominal terms, which includes inflation, or in real terms, which are adjusted for inflation. (Investopedia n.d) 2) Lower unemployment Lower unemployment means thatRead MoreMacroeconomic Objectives Of Fiscal And Monetary Policies1692 Words   |  7 PagesMacroeconomics focuses on the economy as it experiences aggregate changes, analysing outcomes of government policies and how adequate these can be. There are many theories on the best policies to achieve the macroeconomic objectives successfully. In this essay, I will be explaining the aims and objectives of fiscal and monetary policies, the effects of quantitative easing, and how the 2008 Financial Crisis affected the United Kingdom as well as the global economy. Governments use macroeconomic objectivesRead MoreDiscuss how far recent UK economic policy has been successful in achieving the macroeconomic objectives1165 Words   |  5 Pagesï » ¿Discuss how far recent UK economic policy has been successful in achieving the macroeconomic objectives. The four main macroeconomic objectives are: full employment, price stability (low and stable inflation), sustainable economic growth, and a healthy Balance of Payments. A diagram showing unemployment and jobseekers allowance in the UK: On the diagram shown above, unemployment within recent years (2008-2013) is seen to be increasing. In 2011 unemployment peaked at 2.6 million which aroundRead MoreEvaluate Two Macroeconomic Objectives the Government in Your Home Country Aims to Achieve and How Effective Is the Government in Achieving Them?1286 Words   |  6 PagesIceland had a substantial impact on the British economy and the currency volatilities of the Euro have had implications far beyond the Euro zone. In this essay, I will examine how British macroeconomic policies have attempted to reduce the damage of recent economic turbulence in the US on the UK economy. Macroeconomics, policies that aim to improve economic growth, maximise national income and raise the standard of living for citizens, have four main methods: full employment, inflation, balance of paymentsRead MoreEconomic Growth Is A Macroeconomic Policy Objective For Countries1467 Words   |  6 PagesDEFINITION Economic growth is a macroeconomic policy objective for countries. The growth of economies have two meanings. First, economic growth means the gross domestic product (GDP) increases within the given period of time.The increases in GDP also means the increase in the value of national output or national expenditure.The other meaning is the increasing of production when using all the scarce resources,which can be showed in the PPF(Production Possibility Frontier).In the diagram below,theRead MoreImportance of the Macroeconomics Objectives Towards the Malaysia Economic Performance.1564 Words   |  7 Pages| 2.0 | Macroeconomic Objectives | 4 | 3.0 * 3.1 * 3.2 | Economic GrowthThe ImportanceExample | 556 | 4.0 * 4.1 * 4.2 | UnemploymentThe ImportanceExample | 778 | 5.0 * 5.1 * 5.2 | InflationThe ImportanceExample | 9910 | 6.0 | Conclusion | 11 | 7.0 | References | 12 | 8.0 | Appendix | 13 | 1.0 Introduction This assignment is to discuss the importance of the Macroeconomics Objectives towards the Malaysia economic performance. There are four main Macroeconomics Objectives, but inRead MoreMacroeconomics And Macroeconomics Of Macroeconomics1445 Words   |  6 PagesMacroeconomics (from the Greek prefix makro- meaning large and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets. This includes national, regional, and global economies.[1][2] With microeconomics, macroeconomics is one of the two most general fields ineconomics. Macroeconomists study aggregated indicators such as GDP, unemployment rates, National income, price indices, and the interrelationsRead MoreDiscuss How Rising Oil Prices Might Affect the Macroeconomic Performance of an Economy682 Words   |  3 PagesDiscuss how rising oil prices might affect the macroeconomic performance of an economy. (25 marks) There are four main macroeconomic objectives of the government it wishes to achieve in order to maximise the welfare of the society, they are: low and stable inflation, a favourable current account position on the balance of payments, low unemployment and sustained economic growth. One macroeconomic objective that might be affected by rising oil prices is the current account of the balance of payments

The Minimum Level Of Nursing - 1739 Words

â€Å"BSN in Ten.† Nafisah Abdul Salam Lehman College Policy and Politics 408 Professor Theresa Lundy March 26, 2015 The minimum level of nursing education required for nursing jobs has been a topic of discussion for a several decade now. The Council of State Board of Nursing reported in their most recent statistics that Associate Registered Nurses accounted for 58.4% of the workforce while only 38.4% have a Bachelor’s Degree in Nursing in the United States. The issue is that recommendations have been made to shut down the existing pipeline of Associate Nurses (AN) to that of Bachelor of Science in Nursing (BSN). The goal of this change is to transition the average 50% of the nurses who have an associate degree to 80% BSN by the next†¦show more content†¦The different access points is a strength of the nursing profession because for those who are passionate about the nursing but can not afford to attend a four-year college due to circumstance beyond their control. Beside the baccalaureate, the other route takes between 12 to 24 months to complete. But the issue is the current need for a more educated nursing force. How will the nursing community improve patient care and increase the level of education of its workforce while still accepting multiple educational access point? Nursing is an amazing career because it has so many opportunities to change, grow and progress. There is always something new to learn every day especially with the advancement in technology, a new technique, must learned on a regular basis. Nursing has come a long way from the days when nurses were assistants to doctors. Nurses are considered as health care professionals who are bright, capable, and often have a clearer view of the overall situation than doctors do. The above point brings us to the political background of the issue. While education and certification are a necessary component of preparing nurses for practice, the State Licensing Boards are the final mediators of the requirement entry and certification. The American Nurses Association has decided to support initiatives that require RNs to obtain a Bachelor of Science Degree in Nursing (BSN) within ten years of initial licensure (2014). Whether

Bus 421 Final Free Essays

BUS 421 Final: Case Scenario #1 Thomas Edison State College October 2012 Emily Schemelia Executive Summary Case Scenario # 1 Given the increasing regulations of the Internet and email by the Government of China, recommend to the CEO of Google whether the company should continue to operate in China, the world’s fastest and among the largest growth markets. Google should definitely continue operations in China, even if it means limiting the amount of information that is disseminated to Google China. While filtering information is the opposite of everything Google stands for, Google can still disseminate information to the Chinese public while abiding by the information laws set up by the Chinese Government. We will write a custom essay sample on Bus 421 Final or any similar topic only for you Order Now The fact is that if Google doesn’t provide its information services to China, not only will a competitor step in and abode by the Chinese Government limitations on information, but the information that it would disseminate may be far less superior. Therefore, in the hope that the Chinese Government decrease its information limitations, Google should provide its service to China as China comprises over 1. 3 billion people and has the power of not only furthering Google, but the world as well. In my research, the point of discussion is whether Google should move out or not, and why or why not. In this paper I will be presenting issues in regards to the markets in China and the advantages that these markets have for Google in order to continue its operations. I will also discuss in the various challenges and problems that Google faces in China. Marketing in Chain: China is a very large country and the population of the country is also very large. China provides various business opportunities around the world and that Google is one of them. Many companies had taken the chance of venturing into the Chinese markets and most of them are making great progress. They are all there for the purpose of making sure that they achieve their targets to a higher level (Bracker, 2011). The Chinese markets are very unique and China has the ability to attract all different kinds of companies on a larger level. Because of this, there is a case that companies like Google, look forward to making sure that they penetrate the market in order to produce better outcomes, which also leads to a fast growth for the organization. The economy in China is doing well. China has in its recent years reached financial stability. This is due to the fact that there is a high level of domestic demand. Because of this, many companies around the world begin to invest in the Chinese market. China is also one of the fastest growing when it comes to Information Technology and has been able to attract companies such as Google and even Microsoft. It has been forecasted that the Internet industry in China is expected to increase at a rate of about ten percent within the next five years. This is great news because Google will be able to benefit. Advantages of Doing Business in China: As mentioned previously, there are many organizations around the whole world that perform their business in China. They do business in China due to the fact that China has a reliable market. It is also expected that the organizations doing business in China will continue to grow. Some advantages of doing business in China are that it is a major emerging market around the world. Also there are a lot of opportunities for organizations to invest in China for a longer period of time due to expanding of technology and resources. Another advantage is that there is cheap labor, which helps many companies succeed. With the availability of cheap labor can result in the reduction of cost for the companies that invest in Chain. Challenges of Working in China: Like any other country, there are some challenges associated when doing business in China. An organization intending on conducting business in China should consider various important things prior to moving forward in actually doing business. If they do not consider certain things, then the company may be lead into trouble, which can endanger the companies investments. One major challenge in doing business in China is the difference in culture. Most Chinese people do not speak English, and the few that do have a very unique accent. Because of this, Google needs to be able to respect and try to hire employees who are familiar in this accent so that they will be able to communicate with people domestically. Another challenge in relation to conducting business in China is intense competition from domestic companies. In addition to this, a company should perform their activities in a manner that attracts the acceptance of its products by the customers in the domestic market. Based on when was mentioned above, it can be said that there is a definite case of certain challenges for foreign companies like Google in China. If success has to be achieved, then Google need to work against these challenges in a proper manner so that Google can stay in China and wont be put in jeopardy. Decision to Continue Working in China: Putting all these factors into consideration, Google has to take a make a firm decision in whether they should continue to operate in China, or not. Google has to consider that there is huge growth in their markets and that even with the limitation on some information available, that they can still make progress in their growth. Because of this, Google should continue operating in Chine into the future (Weiss, 2008). Google needs to do a thorough review of the Chinese markets and take into consideration of all the financial implications associated with the potential of moving their business out of this market. The market in China is one of the strongest and largest in the world and if Google continues to operate in the country, then it is obvious that that they will have various benefits that will be available for its growth now as well as in the future. All the new progress being made in China will help Google to stay in the market. Though there are restrictions doesn’t mean that Google cannot operate in the country. Google has to consider the financial benefits it will gain if it decides to stay in the market. Taking this into consideration, Google should always continue its business on China. Google needs to expand its operations so that the benefits of China and its services can be appreciated to its full extent. Conclusion: In conclusion, Google should strongly consider continuing their business relationship with China. On the basis of the above discussion, it can be said that though there are various problems for Google in China, the financial benefits of working in China are much higher than if they were to move out. With all the factors to consider, Google should definitely continue its operations in China now and in the future. References Thompson, A. A, Peteraf, A. A. , Strickland, L. Gamble, E. J. ( 2012). Crafting and Executing Strategy: The Quest for Competitive Advantage-Concepts and Cases 18th ed. New York: McGraw-Hill/Irwin. Bracker, H. (2011). Restrictions of Internet Provided Services in the People’s Republic of China: A Threat for Foreign Companies’ Internet Launch? GRIN Verlag.. Weiss, J. W. (2008). Business Ethics: A Stakeholder and Issues Management Approach. (5th ed. ). Cengage Learning. How to cite Bus 421 Final, Essay examples

Rough Italian Lessons free essay sample

Growing up in a wealthy suburb of Chicago, my friends, siblings, and I have all had access to programs, schools, and really anything a child can want. My dad works hard to provide for my family, my mom is focused on making sure that we have great experiences to learn from, and to enjoy our childhoods. She also makes sure that we have the best education, and constantly brings to our attention different learning tools and supplements so that we can further our learning experience in this ever changing world. They were the perfect and dynamic duo that raised the perfect set of four children, ones that supported each other on the soccer field, have jobs and volunteer, and interact with surprising compatibility. We were always laughing, talking about something that just happened, a joke we just heard, or taking long bike rides through the forest preserves. Now entering my final year of high school, in the town I have spent half of my life, I have to apply to colleges, study hard, fight of f senioritis, and another factor, help out my mom and my brothers and sister, all younger than me, as we will be living in a house where one wrong move will send us into a two bedroom apartment, and my dad into an even smaller hotel room, because we have reached the turning point in our family unity. One the would forever change the family dynamic and alter the course of environment that my siblings would grow up in. My family hasn’t taken a family vacation, to see sights and experience new cultures, since the final two wonderful siblings were added to our family, eleven years ago. With my interest in language in culture, and think logically and make informed decisions, we decided to visit Italy, the main benefactor of genes and tradition in my dad’s side of the family. The plan was to leave dad home to work, travel to Rome, and visit the sights and get a feel for the county for the week, then have dad, who frequented the country quite a bit as a teen and young adult, meet up with us in Tuscany, where we would see the countryside as a family. A week into our discoveries of quaint towns and happiness in a farmhouse on a mountain in southern Tuscany, when by freak accident, my parents thrust their relationship and our uncertain futures on the line. My dad, who had a loving family, a nice house, and a stable job, even after having been laid off once, and found new work in a different working environment, had thrown away all that he had, that was almost a given to have in our position, so that he could get rushes of adrenaline that could keep him appeased, as though what great happiness he had wasn’t enough. His infidelities, and cruel, emotionally entangling impromptu meetings in plain sight of friends and the whole town, had thrown a hatchet into our perfect family, and the wound was so deep, that it is impossible to heal. As it was impossible to live in the same vicinity during the immediate aftermath of these shocking events, dad went home to pack up, as it was an agreement between the two to have space to work things out, and it threw the kids into shock. I inherited the ability to keep a cool head in any given situation, so I immediately threw my rescuer gear into hyper-drive. My mom, in the proximal days, was a wreck, and was it was nearly impossible to console her. I took it upon myself, however, to make the most of our trip, as it was likely to be the last that we could take for the foreseeable future. We traveled to Florence, and had the marvelous pizza, spent time in festivals and events around the towns in our area, and had a ball, given the situation. Nighttime would come, and mom would cry herself to sleep, the empty side of the bed a constant reminder of the awful events that tore apart our family. I, along with the help of the kids, kept her occupied and happy during that last week, as i t was sure to be the last memory of fun that sat in the minds of the kids. We tried to get home a week early, so that damage control could be assessed, and on the plane ride home, separated by 10 rows from the nearest family member, it hit me. From the time that plane touched down on the tarmac, my life would be changed forever. No more would I come home from school and have two smiling, loving parents to greet me, help me with my physics lab, or plan a date for my girlfriend. A wave of heat flushed over me, knowing that the only time I would see my parents, and my family together, was in court and the weekly transfer from Dad to Mom and vice versa, an image that had been so deeply ingrained into my head, Dad and Mom, Mom and Dad, together until the day they die, forever loving, forever joined by the sacred bond they shared together up on that altar in North Carolina. From that moment forward, I was determined to become a better person, a better student, a better brother, friend, son, and rescuer, because no one should have to experience the pain that rips families apart. I can only grow stronger from this experience, tasting happiness, having it taken away, and now my journey is to build myself and others a happy new life, one that I won’t squander away, like my father. Already, I have learned that nothing is permanent, nothing is a given, and I want to make sure that I provide the best by doing my best, in college, at my job, and until my last breath, because nothing is forever, nothing is guaranteed to last, so we can only make the absolute best with what we’ve got, and forever how long we have it.