Type 2 diabetes

Table of Contents Constancy Discouragement versus empowerment Need for discipline, therapy, medication and diet Uncertainty of future Pain Experience of health professionals Reference Coping with type 2 diabetes (DT2) involves three major things. First, there is need for change in diet. A lot of fruits and vegetables is advised as opposed to high-sugar foodstuffs. However, for some who find it hard to drop the aforementioned, consumption is limited to periods of low blood sugar.Advertising We will write a custom essay sample on Type 2 diabetes specifically for you for only $16.05 $11/page Learn More Secondly, it is important to exercise regularly as this will help burn out excess calories and keep the blood sugar level low. Some adopt regular exercise and good diet as a measure to keep blood sugar low in order to avoid the need of taking medicines (nytimes.com, 2009). Lastly, some attend diabetic classes to better understand and manage the disease (n ytimes.com, 2009). Constancy People with DT2 need to permanently observe healthy eating habits and regular exercise explained above due to the chronic nature of the disease. They are also required to daily monitor their sugar levels and react as advised (nytimes.com, 2009). These enables them keep their blood sugar at normal level and thus prevent the development of adverse complications that come with high blood sugar. Discouragement versus empowerment Those diagnosed with the disease first experience a great deal of self-denial about their new health status (nytimes.com, 2009). This can be out of ignorance or fear. However, upon learning the facts about the disease from medical practitioners and personal efforts they shed this attitude and adopt new habits which lead to healthier lifestyles (nytimes.com, 2009). They gain attitudinal empowerment when they accept the reality and longevity of their new health status, the need for exercise, low-sugar diet, and regular medication. Need for discipline, therapy, medication and diet DT2 requires constant monitoring and intervention therapies. Personal discipline in observing doctors directives is important as most of the monitoring is carried out at home. For example, patients are required to daily set up, read and record their blood sugar levels sugar using an electronic monitoring kit (nytimes.com, 2009). Therapy is vital as the symptomatic aspects of the disease worsen with time if there is no intervention of any kind. Medication is necessary to quickly lower blood sugar when it suddenly shoots up, a common occurrence in type 2 diabetes. Low-sugar diet rich in vegetables and fruits is necessary to manage blood sugar within safe levels and prevent debilitating symptoms. Uncertainty of future DT2 is said to be genetic and victims report the challenge of living with the knowledge that their offspring may also relive their experiences. There is also the fear of possible amputation of feet in the future given that it has been performed on some patients before. Many also despair about the possibility of early death (nytimes.com, 2009).Advertising Looking for essay on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More Pain Pain is common in patients with type 2 diabetes. Patients have reported a burning sensation in the feet accompanied by sharp on-off pains (nytimes.com, 2009). In some cases headache and leg amputation have been reported (nytimes.com, 2009). Experience of health professionals From the podcasts, it can be discerned health professionals have difficulty breaking news of positive diagnosis to victims (nytimes.com, 2009). This is likely in the case of patients with little knowledge about the disease. Perhaps another challenge they face is getting the patients to drop negative attitude about the disease, observe medications and best practices such as healthy diet, regularly exercising and use of personal sugar monitoring kit. Refe rence NyTimes.com (Producer). (2009, August 9). Patient voices: Type 2 Diabetes [Audio podcast]. Retrieved from https://archive.nytimes.com/www.nytimes.com/interactive/2009/08/04/health/TE_DIABETES.html?emc=thth This essay on Type 2 diabetes was written and submitted by user Tessa Mercer 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. Type 2 Diabetes Introduction Diabetes is a health condition that is developed when sugar level in the blood increases above normal levels. The two major types of diabetes are type 1 diabetes and type 2 diabetes. Type 2 diabetes is more prevalent than type 1 diabetes. This essay discusses some of the most frequently asked questions about type 2 diabetes through a sample dialogue between a patient and a doctor.Advertising We will write a custom essay sample on Type 2 Diabetes specifically for you for only $16.05 $11/page Learn More Patient: What is type 2 Diabetes and how is it developed? Doctor: Type 2 diabetes can be described as a complication in the metabolic processes characterized by a relative shortage of insulin and high levels of glucose in the blood (Barnett, 2011). It differs from type 1 diabetes where there is a complete deficiency of insulin caused by destruction of pancreatic islet cells. In addition, type 2 diabetes is more common in adults unlike type 1 d iabetes which is prevalent amongst young people. The typical symptoms of type 2 diabetes include: recurrent urination, excessive thirst, and persistent hunger (Wilson Mehra, 1997). Type 2 diabetes is caused by a mixture of lifestyle and hereditary factors. Even though some factors, like nutrition and obesity, are under individual control, others like femininity, old age, and genetics are not. Sedentary lifestyle, poor nutrition and stress are the major causes of Type 2 diabetes. Particularly, excessive consumption of sugar and fats increases the risk of infection. Genetic factors have been linked to this condition. For instance, research indicates that if one identical twin is infected, there is a 90% probability of the other twin getting infected. Nutritional condition of a mother for the period of fetal growth can as well lead to this condition. Inadequate sleep is associated with Type 2 diabetes since it affects the process of metabolism (Hawley Zierath, 2008). Patient: How is t ype 2 Diabetes transmitted? Doctor: Type 2 diabetes cannot be transmitted from one individual to another, since it is not caused by micro-organisms that can be spread. Instead, it is a health condition where the body is unable to create sufficient insulin to maintain the blood sugar level. Nevertheless, a child from diabetic parents is likely to develop the complication due to genetic inheritance. According to Hanas Fox (2007), there are some genes that may result in diabetes. As in 2011, research showed that there are more than thirty-six genes that increase the risk of type 2 diabetes infection.Advertising Looking for essay on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More These genes represent 10 per cent of the entire hereditary component of the complication. For instance, a gene referred to as TCF7L2 allele, increases the probability of diabetes occurrence by 1.5 times. It is the greatest threat amongst the genetic i nvariants. Children from diabetic parents are, therefore, likely to get infected since genes are transferrable from parents to the offspring. Patient: How is type 2 Diabetes treated? Doctor: The first step in the treatment of type 2 diabetes is consumption of healthy diet. This involves avoiding excessive consumption of foods that contain sugar and fats as they are likely to increase the levels of sugar in the blood. In addition, getting involved in physical activity and losing excessive weight are also important. These management practices are recommended because they lower insulin resistance and improve the body cells’ response to insulin. Eating healthy food and physical activity also lower the level of sugar in the blood. There are also pills and other medications that can be injected when these lifestyle changes do not regulate the blood sugar (Roper, 2006). Type2 diabetes pills function in different ways. Some pills work by lowering insulin resistance while some raise the level of insulin in the blood or decrease the rate of food digestion. Even though the non-insulin injected medicines for this condition work in complex ways, essentially, they lower the levels of blood glucose after injection. Insulin injection treatment basically raises the insulin level in the blood. Another treatment for type 2 diabetes is weight loss surgery that is recommended for obese people. This treatment has been proved effective since most of the patients can maintain regular levels of sugar in their blood after surgery (Codario, 2011). Multiple prescriptions can be applied in controlling the levels of blood sugar. Actually, combination treatment is a popular remedy for Type 2 diabetes. If a single therapy is not sufficient, a health care provider may prescribe two or more different kinds of pills. For instance, individuals with type 2 diabetes have high fat levels in the blood and high blood pressure. Therefore, doctors can prescribe medicines for treatment of these conditions at the same time. The kind of medication prescribed depends on the health condition of the patient (Ganz, 2005).Advertising We will write a custom essay sample on Type 2 Diabetes specifically for you for only $16.05 $11/page Learn More Patient: What are the chances of survival? Doctor: Diabetes is one of the major causes of deaths in the United States each year. Statistics indicates that it contributes to approximately 100,000 deaths every year. In the United States, there are over 20 million reported cases of diabetes, the majority being Type 2 diabetes. Proper remedy including change of lifestyle and medications is known to improve the health condition of a patient. If properly used together, lifestyle changes and medication can increase the chances of survival of a patient by up to 85 per cent (Rosenthal, 2009). References Barnett, H. (2011). Type 2 diabetes. Oxford: Oxford University Press. Codario, A. (2011). Type 2 diabetes, pre-diabet es, and the metabolic syndrome. Totowa, N.J: Humana Press. Ganz, M. (2005). Prevention of Type 2 Diabetes. Chichester: John Wiley Sons. Hanas, R., Fox, C. (2007). Type 2 diabetes in adults of all ages. London: Class Health. Hawley, A., Zierath, R. (2008). Physical activity and type 2 diabetes: Therapeutic effects and mechanisms of action. Champaign, IL: Human Kinetics. Roper, R. (2006). Type 2 diabetes: The adrenal gland disease : the cause of type 2 diabetes and a nutrition program that takes control!. Bloomington, IN: AuthorHouse.Advertising Looking for essay on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More Rosenthal, S. (2009). The Canadian type 2 diabetes sourcebook. Mississauga, Ont: J. Wiley Sons Canada. Wilson, L., Mehra, V. (1997). Managing the patient with type II diabetes. Gaithersburg, Md: Aspen Publishers. This essay on Type 2 Diabetes was written and submitted by user Blakely Pace 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.

Free Essays on Teaching Should Be Highest Paid Profession

Teaching should be the highest paid profession What came first the chicken or the egg? The age old question that has puzzled and confused many but may never be answered. Now, ask yourself â€Å"Who came first the teacher or the doctor?† a question you may want to ponder upon the next time you vote not to increase the educational budget so that teachers maybe paid for their jobs rather than robbed of their earnings. Teaching is a hazardous sometimes frustrating and tiring occupation not to mention depressing due to the lack of pay. Teaching requires a person to be hard working, devoting, careful and most importantly able to portray different roles or people within the classroom. Due to these extensive requirements, Teaching should be the highest paid occupation. Being an educator is becoming increasingly dangerous. In 1998, students of a high school in Oklahoma were scared half to death when some teens brought guns to school injuring and killing many. More recently, a young teen shoots and kills his male teacher on the last day of school. Imagine that these are just two of the hundreds maybe thousands of instances where teachers have been harmed or placed in unsafe situations. A teacher must now live in fear, and they are now slapped with the hard and devastating realization that they could be harmed while at work. Now you may say that Policemen and firefighters are presented with life and death situations everyday, but these people enter their profession knowing the dangers and risks they will face. Teachers on the other hand enter their profession under false pretenses, never really knowing that their supposed rewarding jobs come with a high price. Another reason why salaries of teachers are not coherent with the level of work and should be increased is the amount of work and difficulty they face each day. Lets visualize a class of thirty students ranging from the age of six to eight years, now, all these childr... Free Essays on Teaching Should Be Highest Paid Profession Free Essays on Teaching Should Be Highest Paid Profession Teaching should be the highest paid profession What came first the chicken or the egg? The age old question that has puzzled and confused many but may never be answered. Now, ask yourself â€Å"Who came first the teacher or the doctor?† a question you may want to ponder upon the next time you vote not to increase the educational budget so that teachers maybe paid for their jobs rather than robbed of their earnings. Teaching is a hazardous sometimes frustrating and tiring occupation not to mention depressing due to the lack of pay. Teaching requires a person to be hard working, devoting, careful and most importantly able to portray different roles or people within the classroom. Due to these extensive requirements, Teaching should be the highest paid occupation. Being an educator is becoming increasingly dangerous. In 1998, students of a high school in Oklahoma were scared half to death when some teens brought guns to school injuring and killing many. More recently, a young teen shoots and kills his male teacher on the last day of school. Imagine that these are just two of the hundreds maybe thousands of instances where teachers have been harmed or placed in unsafe situations. A teacher must now live in fear, and they are now slapped with the hard and devastating realization that they could be harmed while at work. Now you may say that Policemen and firefighters are presented with life and death situations everyday, but these people enter their profession knowing the dangers and risks they will face. Teachers on the other hand enter their profession under false pretenses, never really knowing that their supposed rewarding jobs come with a high price. Another reason why salaries of teachers are not coherent with the level of work and should be increased is the amount of work and difficulty they face each day. Lets visualize a class of thirty students ranging from the age of six to eight years, now, all these childr...

Pest Analysis of Coca Cola Essay Example | Topics and Well Written Essays - 1000 words

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Leadership & Management on Hampton court Essay Example | Topics and Well Written Essays - 2500 words

Leadership & Management on Hampton court - Essay Example According to Thurley (2003, p.124), unlike most common mazes that are normally characterized by a single spiral path winding to a center point, Hampton court maze is widely known for intriguing and confusing visitors with its numerous turns, twists, or dead ends and is often referred to as a puzzle or multi-cursal maze. The Action Plan to Hampton Court The planned maze exercise took place on Friday December 6, 2013. Our group included Mwansa, Iqura lashan and I with Iqura lashan being the nominated leader of the group. We used public transport to reach Hampton court maze. The actual venue is located at A308 and is accessible through major local roads and by train (Wright, 2001, p.98). This schedule includes a detailed account of the times, costs, visited locations, contingency as well as a critical risk assessment. Fig.1: A photo of our group members making their way inside the Hampton court maze Itinerary 8.30am: The leadership maze exercise began in the morning hours and we were sc heduled to meet our team leader, Iqura at exactly 8.30 am at Stratford. The journey began at Bromley station where we got the Victoria line to Green Park in the Jubilee line and finally got off at Stafford station where we met the team leader. After meeting, with Iqura, we took the route to Bank station from where we took the Waterloo and city line. Once at Waterloo underground station, we took the south west train towards basing stroke rail station before getting off at substation and taking the south west train to Hampton Court at around 9.15am. 9.30 am: Having successfully made our way into the historic Hampton Court Palace, we paid our entry fee of ?4.00 per each individual group member before briefly assembling under the team leader to discuss the various modalities of our leadership maze exercise. We were also provided with a costumed guide who was not only tasked with escorting our group but also making knowledgeable commentary assisting with practical issues throughout our t our of the maze. The entire duration of the maze exercise was timed and scheduled to allow for as few non program activities such as photo opportunities and a one hour lunch break. 10:00am: We picked a map at the entrance to the Hampton court maze and proceeded with the maze exercise. Despite experiencing many false trails, pitfalls and occasional dead ends, our nominated leader successfully guided the group through the maze through the turnings until we eventually reached the center of the maze. Although it did not seem that long, our path through the maze covered nearly half a mile which took us nearly 45 minutes including the time we spent taking photographs. 12.00 pm: We made our way to the exit of the maze at around noon after successfully making our way out. Our team leader quickly arranged for a light lunch and refreshments at Tiltyard Cafe situated just outside Hampton Palace grounds. After lunch, the group concluded the trip. Cost The accurate figure of the actual cost of t he trip depended on a number of factors. Having used public means of transport to get to the Hampton court maze, transportation was one of the biggest costs we incurred during the entire trip. This was particularly attributed to the distance each of the group members had to cover before reaching our final destination at the Hampton court palace maze. On the other hand, a considerable part of our budget during our leadership ma

Relationship between consumption saving and investment according to keynes

Relationship between consumption saving and investment according to keynes 1. Explain the consumption function according to Keynes! What is the relationship between consumption, saving and investment according to Keynes? The main hypothesis of Keynes is that the real consumption depends on disposable income. This hypothesis you can express like this: C = C(Y). In that case consumption (C) and disposable income (Y) are measured in units.  [1]   Kenynes also said that people enhance consumption when their disposable income increases. But the increase of consumption is smaller than the increase of disposable income. This hypothesis you can describe with the marginal propensity to consume. It describes the increase of consumption when disposable income rises.  [2]   The marginal propensity to consume is defined as C = = Because of the fundamental-psychological law the marginal propensity to consume is between 0 and 1.  [3]   0 When the marginal propensity to consume is 0.8, consumption increases 0.8 units. At once disposable income increases one unit. The fundamental-psychological law is fullfilled because increase of consumption is smaller than increase of disposable income. When 0.8 units are used for consumption the remaining 0.2 units are obviously used for savings. The proof is expressed by following formula: Y = C + S 1 = 0.8 + S I 0.8 S = 0.2 . Therefore we define the marginal propensity to save money as differential quotient dS /dY. The marginal propensity to save shows how much the savings grow due to increasing disposable income. Through differentiation of the budget restriction after Y you can see that after adding the marginal propensity to consume and the marginal propensity to save the result always amounts 1. = 1 I = . That shows you that every additional income has to be used either way.  [4]   The formula below is the consumption function: C = Caut + C  · Y . Caut is autonomous consumption. You can interpret the consumption function like a normal formula which you know from mathematics. Therefore Caut is the intersection point with the ordinate and C ·Y the gradient. The last formula which is important to know concerning the consumption function according to Keynes is the consumption rate. It serves to find out which quantity of disposable income is used for consumption. The formula is c:= .  [5]   So far almost always mathematical background has been mentioned. But it is also necessary and maybe easier to summarize consumption in my own words. This will help to explain the relationship between consumption, savings and investments according to Keynes. Basically Keynes had three suppositions which result the consumption function is.  [6]  The first was mentioned above. He expected that consumption increases when disposable income increases one unit. This mentioned process is the so called marginal propensity to consume. The value of it is between 0 and 1. You see that consumption can not increase just as money. But the main fact is that people lean towards consuming when they have more disposable income. Furthermore the average propensity to consume decline when dispoable income increases and consumption depends on current disposable income. Keynes thought that the rich spend more of their disposable income than the poor and that interest rates are not important.  [7]  Therefore a short example should make this facts more familiar. We expect, that the average consumption and disposable income was 1700à ¢Ã¢â‚¬Å¡Ã‚ ¬ and 2000à ¢Ã¢â‚¬Å¡Ã‚ ¬. In a formular you find following average propensity to consum: c0 = = 0.85. The result says that 85% of disposable income is used for consumption. One year later the disposable income increases more than the consumption expenditures: c1 = = 0.84. The result says that now 84% of disposable income is used for consumption. Now it is possible to calculate the marginal propensity to consum. C = = = . Now you see that consumption increases 0.75 units when disposable income increases about 1 unit. While explaining the consumption function different facts were metioned. Also consumptions and savings. One word is still missing investments. In the consumption function according to Keynes investements have not been borne in mind. There is only a relationship between consumption and savings. It was mentioned that you have an disposable income which you use for your consumption expenditures. When consumption does not exceed the disposable income you have a specified amount which you can save. This is expressed by this formular: Y = C + S 1 = 0.6 + S I 0.6 S = 0.4 . Consumption is 0.6 units. Therefore you are able to spend 0.4 units. But when you take a look at the incomne-expenditure model or the equilibrium for good markets  [8]  you find other different relations between consumption, savings and investments.  [9]   The first important formular is Y = C + I + G. This formular describes the equation for equilibrium in the goods market.  [10]  Immediately you find consumption, investments and government spending. You see that there is an existing relationship. Now there is the possibility to play with the formular what could be interesting to identify the different relationships. Therefore taxes (T) and consumption (C) have to be subtracted from Income (Y). It is also necessary to subtract taxes from government spending. The new formular looks like this: Y T C = I + G T. We know that S = Y T -C takes effect. Therefore the term reads S = I + G T . The term on the left side is private saving. On the right side you find investment (I) and public savings (G T). The government is able to run a budget surplus. This happens when taxes exceed government spending. But when government spending is higher than taxes there is a budget deficit. That means that the country consumed too much.  [11]   2. Which monetary policy instruments does a Central Bank have to control the money supply? Which of these instruments is the most effective and why? A Central Bank has three different instruments to control the money supply. It is able to choose between standing facilities, minimum required reserves and open market operations.  [12]   Deposit facilities comply with deposits of merchant banks. Business partners of the european system of central banks (ESCB) are able to invest redundant central bank money until the next business day. There are no restrictions for using this facility and no corresponding amount limits for deposits. The interest rate is the bottom line for overnight money.  [13]  Business partner of the ESCB are able to use marginal lending facilities to provide overnight liquidities by national banks. There is a fixed interest rate for these liquidities. But the business partnes will not get the liquidities if they are not able to deposit refinancable securities. There are also no existing credit lines or restrictions which could make barriers. The interest rate for marginal lending facilities is the maximum limit for overnight money.  [14]   The second monetary instrument of the ECB to control the money supply are reserve requirements. Due to competition international financial centers to decrease the reserve debt. It was introduced in the beginning of the 20th century. The idea was to secure the banks solvency. Nowadays this task is done by banking supervisory standards.  [15]  Banks always hold reserves. The reason is very simple. They want to satisfy the depositors. But that money reserves which are required are much bigger. Therefore the aim to satisfy the depositors is not the only one. To prohibit disadvantages in competition between different currency areas where banks do not have to hold reserves interests are payed on reserves of European banks by the ECB.  [16]  The bank has to have reservers which are equal to 10% of their checkable deposits.  [17]  But it is to mention that the monthly average percentage has to be 10%. If there are liquidity bottlenecks the bank is able to go back to their reserve s. When all banks average reserves at the beginning of the month are below 10% they can feel certain that the ECB provides liquidities at the end of the month. Otherwise banks would not be able to fullfil their reserve requirements.  [18]   The most important instrument are the open market operations. When a central bank buys bonds they pay for them with creating money. This activity is used to increase the amount of money. Vice versa the central bank is able to sell bonds. It has to remove the money which is in circulation because the central bank get it for the selling of the bonds. The amount of money will decline. In modern economies these procedures are the most popular to increase or decline the money stock. Open markt operations are distinguishable into expansionary and contractionary open market operation. To understand that operation an example with a short balance sheet would be helpful.  [19]  Below you find the situation before buying bonds (a) and after buying bonds (b): (b) Assets Liabilities Assets Liabilities 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ + 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ + 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 2 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 2 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ This is an example for an expansionary open market operation. In (b) the amount of bonds is 2 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ that means 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ higher than before. But therefore the amount of money in the economy is also 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ higher. Assets Liabilities Assets Liabilities 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬ 0 à ¢Ã¢â‚¬Å¡Ã‚ ¬ 0 à ¢Ã¢â‚¬Å¡Ã‚ ¬ In the example above you see an example for contractionary open market operation. You see that the central bank decided to decline the supply of money. The procedure is the same like for the open market operation only vice versa. The amount of bonds decline and the money in the economy, too. Both decline about 1 Mio. à ¢Ã¢â‚¬Å¡Ã‚ ¬. Now it is interesting to know what kind of effects are resulting by open market operations. Therefore it is necessary to take a look at Treasury bills which are one-year bonds. The main fact of Treasury bills is that you get a fixed amount of dollars after one year. An example will explain to you the interest rate which you get after one year. At first we fix that you get 200 à ¢Ã¢â‚¬Å¡Ã‚ ¬ after one year. à ¢Ã¢â‚¬Å¡Ã‚ ¬PB is the price of the bond after one year. In our example we take 150 à ¢Ã¢â‚¬Å¡Ã‚ ¬ . Below you will find the formular for the interest rate: i This example shows that in that case the interest rate is 33% per year. When you the interest rate for the bond you can play with the formula and change it so that you are able to find the future price of the bond after one year. For that operation the formula below is an example: . Because of this mathematical facts you can say that the price for bonds is less than the final price when the interest rate is positive. Sometimes you read in newspapers that bonds went up. This means that the interest rates for bonds decrease and the prices for bonds increase.  [20]   3. Which monetary policy strategies are the most widely practised? Which monetary policy strategy is currently used by the European Central Bank? The most widley practised monetary policies strategies are the nominal exchange rate peg, inflation targeting and monetary targeting. 1974 the Deutsche Bundesbank was the first one which used monetary targeting. Monetary targeting is based on the quantity theory of money. Therefore it is necessary to take a look at the quantity formula: (1). P are prices, V is velocity, Y is real GNP and M money supply. If you change the formula you are able to see which amount of money has to be choosen to achieve a certain price level: (2). For practical use the stability of velocity is very important. If you take a look at formula (1) you are able to see that an increase of V increases P. That means that less money is needed to achieve an intended price level. V is determined by demand for money. If the demand for money decrease money supply (M) is converted faster.  [21]  A country has to do some tests which proof if monetary targeting can be practiced.  [22]   A further monetary policy strategy is inflation targeting. The short-term or middle-term aim of a central bank which is using inflation targeting is to achieve low inflation rates or their inflation targets. The expected inflation rate play an important role. Central banks are able to influence the inflation target by using interest rates. It is a very simple example which should explain this instrument: If inflation is higher than the target, the bank can raise interest rates. The effect is that the inflation will decrease. If inflation is lower than the target, the bank can decrease interest rates. The result is that inflation will increase.  [23]   Concerning inflation targeting it is necessary to take a look at Taylors Rule which determines the interest rates. The central banks may follow the rule. Therefore you have to take a look a the following formula: . is the inflation rate, is the inflation target, is the nominal interest rate, is the target interest rate, is the unemployment rate and is the natural unemployment rate. and are positive coefficients. If and the nominal interest rate should be equal to , the inflation target. This procedure has to be done by the central bank. When >, the inflation rate is higher than the inflation target. In that case the central bank has to intervene. It has to increase above . The effect is that umeployment will increase because of the higher interest rate and the inflation will decrease. The coefficient has to be larger than one. The higher it is the better the inflation target will be achieved.  [24]   2. The more central bank increase interest rate 3. The more economy slow down 4. The more unemploy-ment increase 5. Inflation target achieved faster 1. The higher The central bank has to increase the real interest rate when inflation increases. But therefore the aim of the central bank should be decreasing spending and ouput. When > the nominal interest rate should be decreased by the central bank. The result is that the output will increase and the unemployment will decrease. has the the same aim like . It shows the care about unemployment in relation to inflation by the central bank. If ÃŽÂ ² is higher, the c.bank is more concerned to bring the unemployment close to natural level (to increase employment) and to increase output than to keep the inflation close to its target.  [25]   2. Central bank bring unemployment close to natural level 3. Central bank increase output 1.The higher 4. Central bank achieve inflation target The nominal exchange rate is also a monetary policy strategy. Through pegging the domestic currency to a very stable currency it is possible to control the exchange rate and the inflation.  [26]  But there are some requirements which have to be fulfilled. At first there has to be a country which has a currency that is powerful enough to be an anchor currency. The issue bank of the anchor currency country needs a huge reliability because of well developed stability in the past. Furthermore a large part of the foreign trade has to be done with the anchor currency country or in its currency. That means that for example Poland has to trade with Germany or in à ¢Ã¢â‚¬Å¡Ã‚ ¬. It is also possible to trade in US-$ but therefore the anchor currency country has to be the USA.  [27]  Furthermore an aim is to attract capital flows and to stabilize the movement of interest rates. When there is a danger that the domestic currency will decrease the central bank will increase central banks. If there is an danger that the domestic currency will increase the central bank will decrease interest rates.  [28]   The European Central Bank (ECB) is using the two-pillar strategy. The first pillar is a wide economic analysis to identify short- and middle-term risks for keeping price stability. For the analysis the ECB has a lot of indicators which are used to identify these risks. For example the economic growth, wage development, exchange rate development and the balance of payment situation, consumer price and producer price index development, asset price and real-estate price development and the inflation forecast.  [29]  The content of the second pillar is based on the quantity theory of money and is similar to the strategy of the Deutsche Bundesbank. The formular below expresses the annual increase of M3: M3  · V = P  · Y V is velocity and it is between 0,5% to 1% per year. P is price increase and it is up to 2%. Y is the growth of the production potential and it is between 2% to 2,5%. Because of these factors the annual increase of M3 is 4,5%. With the help of these two-strategies the ECB is able to achieve their main aim, price stability.  [30]   4. List of sources Felderer, B. / Homburg,S., Makroà ¶konomik und neue Makroà ¶konomik, 9.Auflage, Berlin 2005 Borchert, M., Geld und Kredit, 7.Auflage, Mà ¼nchen 2001 Gischer, H. /Herz, B. /Menkhoff, L., Geld, Kredit und Banken, 2.Auflage, Berlin-Heidelberg 2005 Kazandziska, M., Macroeconomics I, Session 13 Bofinger, P. / Reischle, J. / Schà ¤chter, A., Geldpolitik, 1.Auflage, Mà ¼nchen 1996 Blanchard, O., Macroeconomics, 3.Auflage, Upper Saddle River 2003 Heine, M. / Herr, H., Volkswirtschaftslehrer, 3.Auflage, Mà ¼nchen 2003 Mankiw, N. Gregory, Mikroà ¶konomik, 5.Auflage, Stuttgart 2003 Burda, M. / Wyplosz, C., Macroeconomics, 3.Auflage, New York 2001

Shakespeares Macbeth - Aristotelian Tragedy :: Macbeth essays

Macbeth: Aristotelian Tragedy The definition of tragedy in an excerpt from Aristotle's "Poetics" is the re-creation, complete within itself, of an important moral action. The relevance of Aristotle's Poetics to Shakespeare's play Macbeth defines the making of a dramatic tragedy and presents the general principles of the construction of this genre. Aristotle's attention throughout most of his Poetics is directed towards the requirements and expectations of the plot. Plot, 'the soul of tragedy', Aristotle says, must, be an imitation of a noble and complete action. In Macbeth, Shakespear provides a complete action, that is it has what Aristotle identifies as a beginning, a middle, and an end. These divisible sections must, and do in the case of Macbeth, meet the criterion of their respective placement. In an excerpt from Aristotle's "Poetics" it states: "The separate parts into which tragedy is divided are: Prologue, Episode, Exodus, Choric songs, this last being divided into Parodos and Stasimon. The prologos is that entire part of a tragedy which precedes the Parodos of the Chorus. The Episode is that entire part of a tragedy which is between complete choric songs. The Exodos is that entire part of a tragedy which has no choric song after it. Of the Choric part the Parodos is the first undivided utterance of the Chorus." Shakespeare follows this precise arrangement of parts to tell his story of Macbeth. Macbeth is divided into five acts. It contains a Prologue, Episode, Exodus, Parodos and Stasimon, but is the only one of Shakespeares plays that does not include Choric songs. This does not dismiss Macbeth as a tragedy in the Aristotelian sense, because it still follows Aristotle's fundamental component of a plot. That the arrangement of actions and episodes arrange themselves into a 'causally connected', seamless whole. The ideal arrangement of action into a plot is: Exposition, Inciting Action, Rising Action, Turning Point(Climax), Falling Action, and Denouement. Macbeth follows each of these steps while introducing a new question every moment that keeps our interest. That is called dramatic tension, a very important part of a tragedy: to keep the audiences attention at all times. To make Macbeth's plot a complete action, according to Aristotle, the story must contain an activating circumstance, a disclosure, and a reversal of action. The activating circumstance in Macbeth is the three witches. Macbeth and Banqou meet three witches that posses supernatural powers and predict the two men's futures. It is part of the wicked sisters' role in the play to act as the forces of fate. These hags lead Macbeth on to destroy himself. Their

Black Boy By Richard Wright Essay

Harper and Brothers in New York first published Black Boy, an autobiography of Richard Wright, in 1945. The Harper Perennial Edition, published in paper back in 1998 runs to 448 pages. There is more than one theme which runs through this work, of course, but the over-riding, end-all, be-all message which the author hammers home is that harm is done to fellow humans in the name of racial bigotry. Wright’s theme begins with the very title of the book. Black Boy is an epithet used to denigrate blacks as surely as is Nigger, the title chosen by Dick Gregory for his autobiography in the 1960s. Wright’s story takes place in the early 20th century. He sees racism as a child and as an adult. It is a major force in the development of his personality and influences virtually every facet of his life. In Black Boy Richard Wright explores the theme of racism and ultimately suggests that racism is culturally ingrained and it colors not only relations between blacks and whites, but it also affects relationships between blacks. Black people of the era did not want a young black to ‘rise above his station’ in life. Since Wright is reared in abject poverty his peers did not wish to see him try and break his metaphorical chains. His father is mostly absent and he has no strong male influences for the good. He relates how he got over on his father without being punished, â€Å"I had my first triumph over my father (at age 12). I had made him believe that I had taken his words literally (12). He was physically abused. The institutional racism of that day was called Jim Crow and particularly in the deep south of the United States it was a way of life. He grew up misunderstood even by his own people. Blacks of his day were not supposed to get ‘uppity’, meaning they were supposed to act subservient to white people because a black who disrespected a white person would bring down retribution on countless other black people who had done nothing. The blacks that should have had a positive influence on Wright as a child were either blind to his gifts or chose not to see. They not only did nothing to encourage him but also rather did all they could to hold him back. Likely it was so they would not draw attention to themselves or seem ‘uppity’ but the result was a gifted child who lost years of this life that could have been spent in pursuit of the arts. Wright has criticism not only for the white laws, the white establishment and the white race, but also gives a scathing critique of the black community as well. This book is an indictment of the adult black community of his era that refused to take matters into their own hands to educate and guide the children that so desperately needed such guidance. Wright tells his audience that it is not until later in life when he is exposed to literature that he has any idea of what he is missing. He doesn’t know such beauty and such profound thought even exists. Wright’s life is a struggle against the status quo in his native state and in the north where he finds himself as a young adult. White America does not want an intelligent angry young black man voicing his criticisms of the American way of life and blacks do not want him rocking the boat. This is years before Dr. King and even Brown vs. The Board of Education and no one knows what to do with Wright. Mostly they want him to go away. This in itself influences Wright’s attitudes toward his fellow blacks and reinforces the theme of racism being detrimental even to other members of one’s own race. Wright at first sees only two ways to react to his life, feeling caught as he is between the warring races. He can become subservient and bow to the inevitable. He can drink, steal, lie and fight, which he does at first, or he toss away the stereotype of the illiterate lazy black boy and become someone else’s idea of compliant, giving a graduation speech written for him, †You can’t afford to say just anything before those white people that night,† (175) his professor tells him, not allowing him freedom to speak his mind. Wright tosses off the yoke of conformity and does battle with whites and blacks as the need arises. He sees that it is not the white race alone that is holding him back. The metaphor Wright adopts to show his desire for knowledge is hunger. He tells the reader constantly of his incessant childhood hunger, never totally sated, (14) always wanting more than is available and he means for the reader to equate this physical hunger with his hunger for knowledge. He relates how he consumes food and Proust with equal passion. It is implied that it is both whites and blacks who withhold the food, both physically and metaphorically that he so desperately craves to fuel body and soul. Wright tells the reader that it is blacks that are first responsible for trying to quench the fire of his independent spirit but he rises above them and goes his own way, becoming what his heart tells him he must become. He relates how as a child he and the other black children were not given the education they need to rise above that ‘station’ and he blames not the whites but the blacks for the lack of recognition of bright black children who could do so much more with their lives had they but an education. He faults the black teachers and administrators of his school for kowtowing to the whites and keeping black children in ‘their place’. For these reasons Wright ultimately suggests that racism is culturally ingrained and it colors not only relations between blacks and whites, but it also affects relationships between blacks

Explaining the French Expression À tes Souhaits

Explaining the French Expression tes Souhaits The French expression tes souhaits  (pronounced [a  tay  sweh])  is a social nicety and literally  translates to to your wishes. It has an informal  register  and is the equivalent of the English phrase bless you. Explanation  and Example You can and should use the French expression tes souhaits any time a friend sneezes (as long as youre not interrupting a speech or something). Unlike its English equivalent bless you, tes souhaits has no religious connotation whatsoever, instead offering the sneezer your hopes that his or her wishes will come true. If the person sneezes more than once, theres a more elaborate saying: After the first sneeze: A tes souhaits Second sneeze: tes amours Third sneeze: One of the following: avec un grand A et beaucoup de set tes enfantset ton argentet quelles durent toujoursque les tiennes durent toujoursNote: Elles and tiennes in the last two variations refer to amours. The formal equivalent vos souhaits can be addressed to a complete stranger with no risk of offense, but again, consider the context. On the bus: yes. During a business meeting: probably not. Souhaits is the plural of un souhait (wish), from the verb souhaiter (to wish).

Avoid These 10 Words in Formal Writing

Avoid These 10 Words in Formal Writing Purists may tell you that many of the words in the list below arent really words at all, but thats misleading at best. A few of the words are simply misspellings, and the rest are informal expressions or slang phrases that frequently appear in everyday speech (or vernacular). Nevertheless, according to the conventions of Standard English, all 10 of the following words should be avoided in reports, essays, research papers, and all other types of formal writing. alotAlot (one word) is a common misspelling of a lot (two words). [W]e all may write alot one day, says The American Heritage Guide to Contemporary Usage (2005), but for now keep in mind that alot is still considered an error in print.  and etc.Because the abbreviation etc. (from the Latin et cetera) means and so on, and etc. is redundant. In any case, avoid using etc. in your essays: often it gives the impression that you simply cant think of anything else to add to a list.  anywheresHuck Finn can get away with saying, There warnt a sound anywheres, but on formal occasions drop the terminal s. If anywheres appears anywhere in your dictionary, its probably labeled nonstandard or dialectal.could ofDont confuse this nonstandard form with the contraction couldve. Could of (along with should of and would of) can and should be replaced by could have (and should have and would have). As for coulda, shoulda, woulda, avoid dwelling on them- both in writing and in life.hisselfThis alterna tive form of the reflexive pronoun himself is commonly heard in certain dialects, but in formal writing steer clear of hisself (and theirself as well- though both were regarded as good usage in Middle and Early-Modern English). furtherestThe comparative form of far is farther or further. The superlative form is farthest or furthest. Nothings gained by combining the two forms.  irregardlessThis double negative (ir- at the beginning and -less at the end) may not deserve Bryan Garners label of semiliterate . . . barbarism, but hes probably right that in print it should have been stamped out long ago (Garners Modern American Usage, 2009). Use regardless instead.itsIts is a possessive pronoun (like his or her). Its is a contraction of it is or it has. That leaves nothing for its to do- so toss it.  lets usLets us means let us us. To avoid the repetition, write lets (She lets us play in her yard) or lets (Lets play in her yard) or let us (Let us pray).  nohowIf you have the know-how to write, you dont need to be told to avoid nohow. Instead use in no way or not at all.

Race and The Death Penalty Research Paper Example | Topics and Well Written Essays - 1500 words

Race and The Death Penalty - Research Paper Example Now, in United States of America death penalty of color is a predominant phenomenon. In this country, the blacks in the death row are very high in number. the In the recent years the Supreme court of the United States also rejected the application of statistical studies that claim bias of race as the prime reason for the purpose of overturning the death sentence (The death penalty is applied unfairly and should not be used: Disagree). 1.2. Relevant statistics Color of defendant and the skin color of the defendant are crucial factors in the death penalty of the Americans. Since the year 1976, the people with variations in skin color accounts for around 43% of the total executions. Still 55 % of the executions are waiting. The jurisdictions in which there are highest percentages of death penalty are US military which is â€Å"86%, Colorado which is 80%, US government which is 77%, Louisiana which is 72% and in Pennsylvania which is 70%† (Race and the Death Penalty). It has been found that white victims have accounted for around one half of all the victims of murder where around 80% of all the capital cases included people of white skin. In October, 2002 â€Å"around 12 people have been executed where the defendant was white and the victim of murder was black† (Race and the Death Penalty, 2003). Around 178 defendants convicted for murder were black along with white victims. In the month of January 2003, researchers in the university of Maryland governor revealed that the defendants who killed white persons were prone to death sentences. In August 2001, the supreme court of New Jersey released that they were more likely for proceeding against the defendants killing the white victims. In the month of April 2001, a group of researchers from the University of North Carolina published a study of all the homicide cases in North Carolina in the time frame of 1993 to 1997 (Race and the Death Penalty). From the figures of US department of Justice the figures reveal that from the period of 2001 to 2006 around 48 percent of defendants in the cases where death penalty were sought were of the African American origin (Does a person's race affect the likelihood of him/her receiving the death penalty?). 2. Reasons for disproportionate death penalty 2.1 Domination of white in the criminal justice system The criminal justice system of America and its internal mechanics is vehemently controlled as well as dominated by the white people. The death penalty can be symbolized as a control of the white over the blacks. The black males who flaunt a threatening and defiant persona are viewed as subjects of death sentences provided by the middle aged white male prosecutors (Does a person's race affect the likelihood of him/her receiving the death penalty?). But we will highlight our focus to a different trajectory which will yield a bit surprising results. 2.2 Blacks commit more crime American civil rights activists and Baptist minister Sir Jesse Jackson states that in Alabama (a state of United States of America), the African Americans form 25% of the total population of America and of Alabama’s 117 death row inmates, around 43% of them are of black origin. Although it highlights that the African American are more prone towards death row but one of the reasons is also that the

Culture Studies Essay Example | Topics and Well Written Essays - 1750 words

Culture Studies - Essay Example More so when they start exploring the sceneries and the attractive spots that can take their breath away. Any traveller would appreciate and enjoy the British culture and lifestyle. Each of the four countries in UK is independent from each other and has its own flag. Citizens from each country have their own accents. The English language spoken in UK is mixed with other foreign languages. This is due to the fact that foreigners have immigrated and settled in UK centuries ago. They travelled to UK, studied, worked and lived there. Some of the languages found in the UK English are Spanish, Arabic, Italian, German and French. At present, the international travellers and foreigners in the United Kingdom are mostly from India, China, other European countries, Somalia and Middle East nations such as Saudi Arabia, Iran and United Arab Emirates. These foreigners enjoyed experiencing and living the lifestyle and culture of Britain which in no time has become engrained in their own feelings an d attitudes as well. This paper is tasked to show the impact to these foreigners, particularly the students from Saudi Arabia, of several factors and culture in UK. The United Kingdom has always been a vanguard when it comes to youth culture even during the Rolling Stones and Beatles era of 1960s (BBC News, 2010). Today, it remains a favourite when it comes to young foreigners looking to get further education like those from Saudi Arabia. There are more than 13,500 international students coming from the Middle East who took their courses for higher education from one of the four countries in the United Kingdom (British Council, 2009), i.e., England, Scotland, Northern Island and Wales. The Higher Education Statistics Agency (HESA) showed in their 2008 to 2009 records that there are even more, with the five foremost Middle East countries having the highest number of enrolled students in higher education courses in UK, namely, Saudi Arabia with 5,203 students, Iran with 2,849 students , United Arab Emirates with 2,696 students, Turkey with 2,683 students and Kuwait with 1,546 students. HESA further showed that I the same school year, more than 22 thousand students from the GCC region studies in UK with 9,742 of them taking undergraduate courses and 12,266 postgraduate programmes (HESA, 2009). Of the huge number of international students in UK, 14,000 from Saudi Arabia have joined the highly regarded system of education it is famous for (Al Homiady & Al Zayani, 2009). This does not come as a surprise since there has been a strong relationship fostered between UK and Saudi Arabia not only in terms of education but even with their sports, politics and business ties. Yearly, more and more Saudi students travel to UK to gain their higher education from the premier universities found in UK’s four countries. In fact, Saudi nationals travel to the United Kingdom more than any other country in Europe. Conversely, while Saudis visit, study and live in UK, numerous B ritish people have in turn chosen Saudi Arabia to work in or even live in permanently. They are quite confident of the Saudi government providing them a safety system that will ensure their security and well-being. There is also a bountiful offering of a wide selection of extra-curricular activities offered in the colleges they enter. To top it all off, they will be experiencing in their stay the