Questions On Economic Databases And The Government And...

Rachel Piekarskie Stephen Dansky Economics Macro ECO2013 M W 8:00 AM 10 October 2015 Quiz #1- Take Home Potion- Economics Databases For many years, the government and private companies have collected data on inflation, GDP, unemployment, housing starts, interest rate, money supply and many other things. In this essay I will describe what economic databases are and how businesses, individuals, and the government use the information from the databases. The information I will use and present will be from the years 2004, 2009, and 2014. The data used will regard topics such as GDP, interest rates, and unemployment. The first database I will use is called the World Economic Outlook Database which is reported by the International Monetary†¦show more content†¦The third database I used is called Economy Growth and the information is reported by The World Bank. â€Å"Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries economic sit uations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.† To access the Economy Growth database look up world data bank economic and the data.worldbank.org website is the first hyperlink. The fourth database I provided is called The World s Foremost Full-Text Source of References to Economic Literature. â€Å"This resource provides links to full-text articles in all fields of economics, including capital markets, country studies,

My Future Career - 1529 Words

My Future Career Chelsea Riley ENG 121: English Composition II Michelle Pinkard May 29, 2010 My Future Career I have had problems deciding which career field I would like to go into. I have to admit that I haven t really researched the two careers that seem to suit me. I have been looking into Human Resources and Child Development. I know these are two completely different careers, but they are both something I think I would enjoy. I have found all the pros and cons of each career and hopefully I will be able to choose which one I want to do soon. The first career I am going to talk about and share my information with you is the Human Resources career field. I have done a lot of researching and have found a lot of information†¦show more content†¦The middle 50 percent earned between $73,480 and $126,050. The lowest 10 percent earned less than $56,770, and the highest 10 percent earned more than $163,220 (Human Resources, Training, and Labor Relations Managers and Specialists, 2010- 20101). My next career choice is Child Development, also known as Child Care. I have considered this career choice because I love to be around children, and believe it or not, you can learn a lot from them. I unfortunately I have found a lot of cons with this career choice. It s not that it is an extremely bad job, it s because there isn t a lot of good paying Child Care facilities. This is something that I am looking for in a job. I want a job I am able to enjoy as well as make the money. I am sure that is what a lot of people look for in a job and a career choice. I found that when it comes to my other career choice, Child Development, there are a lot of different career choices in one. I have found that you can be a daycare provider, tutor, children medical service provider, special education, social worker, camp counselor, recreation worker, teacher assistant, and human services ( Bachelor of Arts in Child Development, 2010). Now these aren t all available with just the Bachelor of Arts in Child Development, but it gets you started so you can further your educa tion. I know I would love this career because I love children. They alwaysShow MoreRelatedMy Future Career As A Career Essay988 Words   |  4 PagesLatter I have always been thinking about my future, building a career, becoming a successful person and generally finding my own path in the life. My school teachers always noted that I had good abilities in such subjects as mathematics and physics. This increased my interest in exact sciences, and I decided to connect my future career with technological area of activity, wishing to gain success in the future. And if I become successful I will pay back my parents for their warmth and loving tenderRead MoreMy Future Career1994 Words   |  8 Pagesprobably changed my mind when it came to my future career at least a hundred times. I have dreamt of being a teacher, a writer, a marine biologist, a baker, an occupational therapist, and many more things. Now, I know for a fact I want to go in to the medical field. I want to make a difference in people’s lives. After taking the job interest survey and going through the wide variety of jobs to my interest I have decided. I want to be a pediatric surgeon. I have no doubt in my mind that my interests andRead MoreMy : My Future Career1937 Words   |  8 PagesSophia Cajigas Ms. Milliner CUNY ELA EES21QH-01 30 September 2016 My Future Career While preparing for this essay I realized that a majority of the career paths I want to go down involved a similar theme, fashion, and creativity. After further assessment of my chosen paths, I feel like my personality and the way that I work would be better suited for a business of my own, rather than working through a company like Sephora or Avon. I know I’d be more comfortable working in a place where I can chooseRead MoreMy Future Career : Choosing A Career1360 Words   |  6 PagesMy Future Career Choosing a career is sometimes difficult because there is an endless amount of job possibilities in the world. Ultimately you have to make the choice of what makes you the happiest. In the future I want to become a lawyer, a criminal lawyer specifically. I chose this career because I’ve always had strong opinions on almost everything and I like to get my point across. Also because I grew up watching so many different cop shows and documentaries like Law and Order and CSIRead MoreInformation On My Future Career1151 Words   |  5 Pageshave been using CFNC.org to gather more information on my future career. 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Watching Star Wars for most of my life has definitely contributed to my loveRead MoreMy Future Career Goals858 Words   |  4 PagesThese career choices I have laid out as my future career goals will help to not only educate myself, but also others in society by showing them all the benefits to sustainability. Through my intended work as an ambassador for sustainability I will be accessing current situations and helping to develop plans t o help make changes for the good, this will be seen across all scales with students, buildings or businesses, neighbourhoods or communities, and hopefully on the bigger scale of globally. OverRead MoreMy Future Career As A Communicator844 Words   |  4 Pageshelped me realize just how distorted my thinking process is and how I tend to have inferior thoughts. For my fear, I wrote that I was worried that my lack of social confidence and outspokenness would limit my success in my future career as a communicator. 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I am interested in many different types of study. However, I choose to become a nurse in five years from now. I choose this career path because I do like to help other people with their sickness,injuries and struggles in their lives especially when they have any problem in their health, physically or mentally

International Trade and Trade Restrictions Free Essays

International Trade and Trade Restrictions International Trade and Trade Restrictions International trade increases the number of goods that domestic consumers can choose from, decreases the cost of those goods through increased competition, and allows domestic industries to ship their products abroad. While all of these seem beneficial, free trade is not widely accepted as completely beneficial to all parties and trade restrictions are applied. Trade restrictions can be in the form of tariffs, which are taxes on imports; quotas, which are limits on the quantity of a particular good that can be imported or exported; or other trade restrictions. We will write a custom essay sample on International Trade and Trade Restrictions or any similar topic only for you Order Now International trade efficiencies, trade restrictions, and the consequences of these restrictions will be discussed further. World trade offers many advantages to the trading countries: access to markets around the world, lower cost through economies of scale, the opportunity to utilize abundant resources, better access to information about markets and technology, improved quality honed by competitive pressure, and lower prices for consumers (McEachern, 2012, p. 733). Comparative advantage, specialization, and trade allow people to use their scarce resources most efficiently to satisfy their unlimited wants. Comparative Advantage is the ability to make something at a lower opportunity cost than other producers face (McEachern, 2012, p. 32). The ability to make a good at a lower opportunity cost gives that individual, firm, region, or country a comparative advantage. Even if a country has absolute advantage in all goods, they should specialize in producing the goods in which it has a comparative advantage. If each country specializes and trades according to the law of comparative advantage, everyone would benefit from greater consumption possibilities. McEachern provides three reasons for international specialization: countries having different resource endowments, greater economies of scale can be achieved when firms participate in international trade, and tastes differ from country to country (McEachern, 2013, p. 719-720). Every country has a comparative advantage in the production of some products. This means that the labor and capital resources available in the reason are more productive when focused towards a particular industry and thus are able to be produce that product better as a result. In the case of the textile industry, Pakistan enjoys a comparative advantage as it has many cotton fields, providing it direct access to the raw material for the industry. It further has been operating in that industry for a long time that has spawned a lot of trained workforce relating to that industry in the country. Therefore, law of comparative advantage dictates that it should produce textile materials. The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations (WTO, 2012). Their goal is to help producers of goods and services, exporters, and importers conduct their business. The WTO and agreements such as NAFTA open up free trade, allowing goods to move freely and thereby aiding consumers in various countries in terms of prices and quality. It also spawns healthy competition in the local industries. Trade restrictions can lead to a breakdown in competition and can lead to adverse effects in the local and international market. Restrictions can benefit certain domestic producers that lobby their government for benefits. Congress tends to support the group that fights back, so trade restrictions often persist, despite the clear and widespread gains from freer trade. For example, U. S. growers of sugar cane have been protected from imports, which results in an increase in U. S. sugar prices. Higher prices hurt domestic consumers, but they are usually unaware. As McEachern states, â€Å"Consumers remain largely oblivious. † Who is responsible for trade ethics? Government might be the initial answer but all constituents involved should be aware and be transparent. An example is Nike, Inc. They provid a statement in understanding how to change the way an industry views its labor force. It does not happy by monitoring factories alone. Monitoring reveals the issues, issues that in turn are locked into a complex web of root causes. The ability to address these root causes should be shared by many, owned by no single constituent (Nike, Inc. , 2013, p. 1). One of their strategies is to transform working relationships with their contracted factories to incentivize change that will benefit workers. Are trade restrictions effective? Trade protection can foster inefficiencies. The immediate cost of such restrictions includes not only the welfare loss from higher domestic prices but also the cost of resources used by domestic producer groups to secure the favored protection (McEachern, 2012, p. 732). These costs may become permanent if the industry never realizes the economies of scale and never becomes competitive. Protecting one stage of production usually requires protecting downstream stages of production as well. The biggest problem with imposing trade restrictions are that other countries usually retaliate which shrinks the gains from trade. Some experts believe the costs of protecting the jobs of workers in vulnerable industries, which are ultimately borne by taxpayers or consumers, far exceed the potential cost of retraining and finding new jobs for those workers (Globalization 101, 202, para. 1). In addition, that it may not promote firms and industries to make necessary changes to challenge foreign competition and find efficiencies to which then would make them become even more dependent on government protection. As international trade has increased, conflicts over trade have also increased. Trade restrictions may continue to be very political in nature. The more companies like Nike and consumers start being more aware of ethical behavior around international trade, the more everyone will benefit. The U. S. government does take responsibility for workers who lose their jobs by international trade and have programs established to assist in training and support to re-employ those workers. As countries specialize and trade according to the law of comparative advantage, consumers should also benefit from efficient production and cheaper prices. The increase of technology may have an impact that will increase the speed at which international trade and efficiencies happen. References McEachern, W. A. (2012). Economics, 9e (9th ed). Mason, OH: South-Western. Globalization 101 (2013). The Levin Insitute. Consequences of trade restrictions. thttp://www. globalization101. org/consequences-of-trade-restrictions/ Nike, Inc. (2013). Responsibility. Targets and performance. http://www. nikeresponsibility. com/report/content/chapter/targets-and-performance#Labor World Trade Organization (2013). http://www. wto. org/english/thewto_e/whatis_e/whatis_e. htm How to cite International Trade and Trade Restrictions, Essay examples

Shopping Drivers Barriers For Older Adults †Myassignmenthelp.Com

Question: Discuss About The Shopping Drivers Barriers For Older Adults? Answer: Introduction The RSL is one of Australia's most seasoned and most regarded national associations. The League was established in 1916 and bolsters serving and ex-benefit Defence Force individuals and their families and advances a safe, steady and dynamic Australia. PEST analysis Political factors: As a National club Company, RSL needs to adopt the restrictions and rules the nations in which it works. Corporate tax, various environmental regulations, employee compensation system, and so forth must be done in a legitimized way to get a place in the market. Economic analysis: The RSL adapt to the inflation circumstance by sorting its employees on the basis of high salary to come up with inflation. The significant dangers to the organization are from the external environment like an increase in employees salary, increase in product cost and much more (Issa, Chang Issa, 2010). Social factors: The environmental factors affecting the social culture of the organization are the culture of country, tradition, increase in population and trends which are not in hand of the company to handle. Legal factors: The numerous legal considerations are the rules related to employment, safety, health of employees and customers and much more. As the company originated in Australia, so it has to comply with the laws of Australia like cosmetic act and trade act. Swot analysis Strength: It has good committee organization, detailed job explanations for Treasurer, excellent junior section, convenient processes in place to ensure club, coaches and officials are insured. Weakness: The prevalent weakness of RSL is communication. The other issues of RSL is facing are that it doesn't communicate an intelligent brand. Frequently an extensive number of target gatherings of people will lose enthusiasm for the club since they cannot set up a particular picture of the shops image (Tehrani, et al., 2010). The club needs to remember their objective clients and make a few promotions that can draw in the objective clients. Opportunity: The rising prominence of online web-based social networking is an open door for RSL Club to convey to its intended interest groups all the more adequately. As per Public Relations Institute of Australia (2013), Australian people burn through 3.6 hours every day via web-based networking media. In this way, to apply the arrangements proposed in this market design can convey new chances to the club and pull in more clients. Threat: RSL Club, its immediate rivals who have part of understanding and incredible accomplishment as a club to treat clients. Other than the danger from immediate rivalry, some new and smaller clubs, who give a comparative sustenance and administration as RSL club, can be new dangers. Future plans of RSL The impersonation jewellery section, which is under 1% of the general market by and by, is set to develop rapidly in upcoming future where openness has been a major issue. The craze for mild and contemporary adornments will include more requests in coming years. As RSL performance is satisfactory up to now and it has the scope of growing to heights in future (Gans Stern, 2010). So my future plans like increasing online presence through various media, increasing delivery process, removing defects in services and much more are future plans which will help it to achieve targets in future leading RSL to success. Differentiating RSL from its competitors RSL has a superior participation base, and the club individuals have the solid devotion to the club. Also regardless of having a focused situation in more prominent RSL has a couple of rivals in the neighbourhood (Trout Rivkin, 2010). Accordingly, it has an enormous market portion in nearby place and attracting a considerable measure of the customer, which brings about extraordinary benefits. The club is completely outfitted with brilliant offices for capacities and occasions. Suggestions to bring changes in performance of club Conflicts and set of accepted principles as problem to be solved Set up group standards or a set of accepted rules. By and by, taking part in a discussion about the practices and attitudes colleagues need to submit to help round up and centre their vitality and assembles trust. At a point when individuals know the principles of the club and, above all, comply with them, they figure out how to believe each other and they're more disposed to go out on a limb (Nunes Breene, 2011). Furthermore, it's vital to perceive and acknowledge that conflicts will happen and that it's not really an indication of something turning out badly. In any case, the struggle must be overseen successfully. By building up a team set of accepted rules, RSL can proactively get ready for how individuals ought to and can act when strife happens. Likely age group of RSL Club mostly members are of the 20s, the reason behind this is: Risk tolerance and adaptability: Individuals are more realistic as the younger an individual is the better they going to be able to tolerate that risk. People at 20s generally have fewer responsibilities, rarer commitments and much more time to make up any losses a company incur. More youthful individuals have a tendency to be more versatile (Lian Yen, 2014). A much bigger reason is interesting technological age, they confront major innovative interruptions all the time, and the main path for organizations to survive is to adjust and coordinate these new advancements. Developing interest of youths Organizing attention-grabbing meetings Offer options to weekly presence. Plan events that participants can join easily. Specify core constituents of the energy to inspire participation and involvement. Understanding and using the power of social media (Benson Pittman, 2012). Plans to decorate or improve the interior Up-cycling: It is a viable approach to coordinate antique furniture into the club is called up-cycling. Up-cycling intends to take a vintage piece and resurface it with current components. It can give vintage couch another look by re-upholstering utilizing a present day looking material. Another approach to inspire is by introducing an in vogue lounge area. On the off chance that includes a lounge area will feel like a touch of fabulousness. Include an extensive table, open to seating and some intense stylistic layout to give it the climate and style of a cool eatery and influence your visitors to feel exceptional (Jaglarz, 2011). Reaching youth through following ways Social media: As a matter of first importance, online networking destinations are a stage for the social association. Each post you make on an online networking stage is an open door for clients to change over (Briones, et al., 2010). When you assemble a following, you'll at the same time approach new clients, late clients, and old clients and RSL have the capacity to collaborate with every one of them. Text message: Text messages are the most productive ways to connect with groups of target people. Without a doubt, there are assortments of marketing means, and most online business is exploiting those. Charities make telephone calls, convey messages, mail out giver slips, make online battles, and much more. Nonetheless, RSL can expand the effect of their promoting effort by using content messages. There are different favourable circumstances that only a higher read rate for text messages. In reality, RSL can set up donation programs through SMS. Current product offerings are Commemoration, Jewellery, Apparels, Accessories, gift and much more are product offering by RSL group to its target market. Its should offer more products like an original diamond, pearls, mens jewellery, youth trend apparels and much more (Kim, Chung Lee, 2011). The reason for this expansion will lead to success it is worldwide due to uniqueness in products and services offered by it. References Tehrani, S.M., Karbassi, A.R., Monavari, S.M. and Mirbagheri, S.A., 2010. Role of E-shopping management strategy in urban environment.International Journal of Environmental Research,4(4), pp.681-690. Issa, T., Chang, V. and Issa, T., 2010. Sustainable business strategies and PESTEL framework.GSTF International Journal on Computing,1(1), pp.73-80. Trout, J. and Rivkin, S., 2010.Differentiate or die: survival in our era of killer competition. John Wiley Sons. Lian, J.W. and Yen, D.C., 2014. Online shopping drivers and barriers for older adults: Age and gender differences.Computers in Human Behavior,37, pp.133-143. Gans, J.S. and Stern, S., 2010. Is there a market for ideas?.Industrial and Corporate Change,19(3), pp.805-837. Nunes, P. and Breene, T., 2011. Reinvent your business before its too late.Harvard Business Review,89(1/2), pp.80-87. Benson, P. and Pittman, K.J. eds., 2012.Trends in youth development: Visions, realities and challenges(Vol. 6). Springer Science Business Media. Jaglarz, A., 2011. Perception and illusion in interior design.Universal Access in Human-Computer Interaction. Context Diversity, pp.358-364. Briones, R.L., Kuch, B., Liu, B.F. and Jin, Y., 2011. Keeping up with the digital age: How the American Red Cross uses social media to build relationships.Public relations review,37(1), pp.37-43. Kim, M.J., Chung, N. and Lee, C.K., 2011. The effect of perceived trust on electronic commerce: Shopping online for tourism products and services in South Korea.Tourism Management,32(2), pp.256-265.