The purpose of this paper is to discuss the Supply and Demand simulation from the student website. The idea is to identify two microeconomic and two macroeconomic principles present in the simulation and to explain why these principles are categorized as macro or microeconomic. The paper will also determine one shift of the supply curve and one shift of the demand curve from the simulation, as well as why these shifts happen. Their impact on the equilibrium price, on decision making, and on quantity will be also analyzed. Then, it will refer to ways in which concepts about supply and demand can be applied in a real life-situation or in the workplace. The paper will also refer to ways in which concepts of micro and macroeconomics help in understanding factors that influence movements in supply and demand on the equilibrium price and quantity. Last, the paper will refer to how the price elasticity of demand has an impact on the consumer’s purchasing and on the pricing strategy of the company. Macro and Microeconomic Principles…
predicted and used to stimulate or punish people, but like in the “Daycare Dilemma,” are…
This article is about the kids video Baby Einstein. Disney came out with this video claiming if you had your child watch this video; your child will become smarter on their own. While it all sounded amazing to any parent, it just simply was not true. It was actually proven that early television exposure ended up causing later problems with a child's attention span.…
Mockingbirds may seem like a regular bird but in Maycomb they resemble innocent and harmless people. To Kill a Mockingbird by Harper Lee is a book that focuses on racial barriers and prejudice and social class. The story takes place in Maycomb, Alabama where discriminating behavior is more or less accepted in the society. The book is based around Scout and Jem Finch as they face the years of growing up. They learn to see past the childhood innocence and to see the true horrors of their hometown. Scout and Jem learn the truth about two particularly innocent characters, Boo Radley and Tom Robinson as they have been labeled for a long time based on their race or behavioral patterns or lifestyle. Several symbols were included into the book to express these ideas in more depth, such as mockingbirds.…
2. The school children in Germany were educated in “innovation science or race sciences” which provided “evidence of superiority” of some races over others.…
In chapter four of his book “Barbarian Virtues,” Matthew Frye Jacobson connects the theories and beliefs used to interpret relationships to the development of humans over time. He states that scholarly methods in academics have been used to systematically rank different groups of people. Jacobson discusses many academic disciplines used in these theories such as, anthropology, genetics, biology, psychology, and linguistics. Throughout this chapter, Jacobson divides his research into three categories: cultures, genes, and minds. Together these theories of human development highlight the superiority and inferiority conflict between races in nineteenth century America.…
Therefore, this data did not prove his hypothesis and it hurt the self-esteem of many people in the disadvantaged groups. An experiment’s data is wasted when its interpretation is bias. This bias could be prevented if the experiment’s results could prove that a certain type of people are more intelligent such as conducting an IQ test that everyone has to fill…
At what point does intelligent insight become biased opinion? Pitts treads on this line many times throughout this essay. While I do agree with him on his overarching points, it is of my experience that a healthy dose of skepticism works wonders in pointing out biases. That healthy dose of skepticism can easily reveal that Pitts in this essay is very biased.…
Knowledge is the development of ideas about specific topics. What we do with that knowledge is a different matter. Mary Catherine Bateson once said, “Insight, I believe, refers to the depth of understanding that comes by setting experiences, yours and mine, familiar and exotic, new and old, side by side, learning by letting them speak to one another.” This means that we can learn a lot for the things that we experience throughout our life and what those around us have learned from their own personal experiences. However, we all interpret these events differently.…
Knowledge is information that is understood to a point that it can be used as a skill to help oneself in certain situations. The reason that it is so highly valued is because it can be difficult to obtain. There is so much information in the world that not all knowledge can be known and acquired to benefit those who hold it. How does one learn knowledge? The topic I chose states that there are only two ways in which humankind can produce knowledge: through passive observation or through active experiment.” In this essay I will explain the extent to which I believe this statement is true. All human beings develop knowledge of a subject through observation of what is taking place, or experiencing the knowledge on a first hand level.…
We receive knowledge through 4 ways which are emotion, reason, language and perception. Yet these ways of knowing are highly effected by the knowledge which is gotten through them since personal attributes which have been gained prior to now filter out the knowledge which is fed to us now. I personally am a Ukrainian who has been living and studying in an International school, in China for my whole life as well as a strong patriot of Communism and an atheist! These personal attributes makes it hard to perceive the knowledge which is given to me for example the information which is given to me by someone who is strongly religious and strongly anti-communist.…
This article discusses the concept of African American studies and describes Black studies as a critical body over time that has dismantled powerful racist intellectual and white supremacy. Included are views from a variety of African Americans defining “Black studies,” describing the history, and politics of influential people involved in the development of the Black studies programs. This includes background information regarding the history of American Africans and “Black studies, “Black life, and experiences from the point of view of Black people over the past century.…
Effects of acquirement of knowledge being dangerous Throughout history, knowledge has been shown as a fantastic thing, but the novel Frankenstein shows that knowledge is not always a virtuous moral. Across the story every main character shows what knowledge has done to them through their actions and their words. With this in mind, there are also magnificent things knowledge has created in history, which will be shown and supported with excerpts from academic articles. First, evidence of what knowledge has done for us. From Steaming The Debate Advances in Stem Research by Diane Katz and Bruce Walker, “They were able to grow brain and heart tissue from lab-created stem cells.”…
Epistology - challenging me to look at how knowledge is and has been constructed and which knowledge has been and continues to be privileged…
When we look at knowledge, we are able to see that it is much more than just being taught, rather it is the wisdom to know to learn. Onlinedictionary.com defines wisdom as, knowledge of what is true or right coupled with just judgment as to actions, sagacity, discernment, or insight. Insight is developed from experiences, and these experiences allow us to give just judgment. Without knowledge or experience judgment would just be ignorant. I feel as though as people, we must expose ourselves to different lands, cultures, and people in order to be better-rounded and gain insight. Knowledge has been the cornerstone to my decision-making and has allowed me to make better, more educated decisions about my worldview, and those of others. In order to understand why people make the decisions they do, we must also have knowledge of human nature.…