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Field Trip Report: Arbi Falls Essay
The subsequent field trip for Batch No: 1 on 30.01.2013 was to a water fall named ââ¬Å"Arbi water-fallsâ⬠. Our transport left us...
Tuesday, August 25, 2020
Field Trip Report: Arbi Falls Essay
The subsequent field trip for Batch No: 1 on 30.01.2013 was to a water fall named ââ¬Å"Arbi water-fallsâ⬠. Our transport left us on the highest point of the level of Dasrath Nagar from where we needed to stroll down the precarious slant of the level to get to the fields. We needed to cross a quick stream of water which was straightforward and cold. We strolled through the dykes, kind of no-manââ¬â¢s land made out of mud denoting the limit of two fields. Neighboring the farmerââ¬â¢s house, which our sir portrayed to over a hundred years of age, was a well and a sanctuary which was an extraordinary sanctuary as there were large trees and individuals ask ruler Vishnu in his cobra manifestation. It was likewise said to us that the individuals over yonder love ââ¬ËNagarajââ¬â¢. We crossed countless bamboo blockades to visit the encompassing paddy fields, anyplace my eyes went I could just observe greenery spread. The fields hushed up thick and we strolled inside the covering of huge trees. Subsequent to looking at the nature around the spot we headed towards the falls by a similar route from which we entered. In a couple of moments minutes we could cross the stream and arrived at the little street which made a beeline for the lower regions of the falls. We needed to cross the dangerous rocks and prickly hedges to arrive at the top. We could likewise observe the common pores on the ground from where the water was overflowing out rapidly and the regular water was actually quite unadulterated and cold. We crossed the little valleys brimming with shrubberies and dangerous rocks. Green growth had developed on all the sharp edges and corners of the stones, making it considerably more elusive. Finally we arrived at the highest point of the tumbles to arrive on an infertile field. There were houses all around that place. We took scarcely any photos and left that spot to board our transport. OBJECTIVE:- ââ¬Å"To study a wetland biological system and watch the verdure around Manipal.â⬠Area:- Co-ordinates: 13à °20ââ¬â¢11â⬠³N 74à °47ââ¬â¢36â⬠³E Widely varied vegetation:- Having a wide scope of verdure, the southern side of Manipal, to be perfectly honest, is loaded with greenery. With a host fledgling animal varieties, butterflies, creepy crawlies, snakes, dairy cattle and other such creature species, the Dasrath Nagar territory of Manipal can likewise gloat about its assortment in verdure with a scope of trees, ââ¬ËAcaciaââ¬â¢, ââ¬ËCashewââ¬â¢, and so forth being the essential ones. Issues FACED BY LOCAL FARMERS:- Absence of work Irritations decimating their items Inadequate water flexibly Very little productive cultivating Plausible SOLUTIONS:- Government should give machines and increasingly motorized items to the ranchers in less expense so they can utilize those and produce proficiently without the work present. Pesticides and comparable items ought to be given to the ranchers in less expenses with the goal that they can utilize it productively on their fields, water flexibly can be improved by making admirably, utilization of engines to suck water from the falls and disperse to their fields. End:- It is an as of late found cascade close Manipal Lake. This cascade is dynamic just during that time of August to November, during the storm season. As of late this cascade has come at the center of attention. Thus, many individuals and Manipal University (MU) understudies have begun coming here. Because of this expansion of individuals, the cascade and the close by territories have begun getting contaminated. Individuals living close to the cascade whine that guests come and toss plastic containers, chips coverings and trash close to the fall.
Saturday, August 22, 2020
Microbiology Laboratory Safety and Basic Procedures free essay sample
Security in a microbiology research facility is significant in the avoidance of contamination that may be brought about by the microorganisms being examined. This lab doesn't require the utilization of destructive human pathogens. Be that as it may, numerous kinds of microorganisms are conceivably pathogenic. This implies, in spite of the fact that they would not cause infection in a typical solid host, they may perhaps do as such if an enormous enough amount of the microorganisms came into contact with an undermined have, for example, by wounds and cuts. Notwithstanding microorganisms, there are a few synthetic substances utilized in this research facility that are conceivably unsafe. Numerous systems include dish sets, open flares, and sharp articles that can cause harm whenever utilized inappropriately. The accompanying insurances ought to be taken to keep away from the issues that might happen. 1. Sterile jackets are required. Wearing old attire is likewise attractive, since numerous reagents can deliver changeless stains on garments. 2. Understudies may not wear shoes or open toed or canvas shoes on account of the consistent threat of cuts and contaminations from broken glass found on the lab floors and the chance of concoction spills. We will compose a custom article test on Microbiology Laboratory Safety and Basic Procedures or then again any comparable point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page . Long hair must be attached back to limit fire peril or sullying of tests. Smoking, eating, and savoring the lab are totally denied. 5. After entering the research center, coats, books, and other stuff ought to be put in indicated areas and never on seat tops (with the exception of lab manual). 6. Toward the start and end of every research facility meeting, seat tops are to be cleaned with a disinfectant arrangement. 7. Watch severe individual cleanliness. Wash your hands with cleanser toward the beginning of the research facility meeting before playing out any methodology and before leaving the lab toward the finish of the meeting. 8. All societies ought to be taken care of as being possibly pathogenic and the accompanying precautionary measures ought to be seen consistently: a. Societies should consistently be conveyed in a test tube rack while moving around the research center. b. Societies must be kept in a test tube rack on the seat tops when not being used. c. Stock societies should never be pipetted by mouth. Continuously utilize an attractions help (never utilize your mouth) when filling a pipette or utilize a pipetter with an organic or synthetic reagent. d. Spilled societies ought to be secured with paper towels and afterward immersed with disinfectant arrangement. Following 15 minutes of response time, the towels ought to be expelled and arranged. 9. Spills, cuts and different mishaps ought to be accounted for to the teacher. 10. Mist concentrates ought to be kept away from by utilization of appropriate procedure for flaring the vaccinating circles and needles and by playing out any blending of societies and reagents so as to abstain from sprinkling. Evacuation of media, hardware, and societies from the lab is disallowed except if coordinated. 12. During and toward the finish of every lab period, utilized pipettes ought to be disposed of into the assigned plate. Other utilized dish sets ought to typically be set into dispose of plate situated in the rear of the lab. Plastic product, for example, Petri plates and pipetter tips ought to be disposed of in the checked wastebasket. Utilized paper ought to be disposed of into wastebaskets toward the finish of the lab time frame. Broken crystal is disposed of into the crate stamped ââ¬Å"Broken Glasswareâ⬠, not into wastebaskets.
Sunday, August 9, 2020
Stocking Up
Stocking Up Three hallmates and I piled into a Zipcar the other night for a trip to a warehouse club in the area. The house manager just delivered a brand new refrigerator to our kitchen, and we figured the time was right to christen it with frozen goods in bulk. :) Its pretty economical to rent the car for two hours and split the cost between four people. I think it worked out to around $4.50 per person, which is a steal considering what you save by buying massive amounts of the stuff you use anyway. Last weekend was the annual Tetazoo Swim Test, an unofficial yet obligatory event in which hall members (freshmen included) swim across the Charles River, just adjacent to East Campus. Now, Im not much of a swimmer, and even if I were, I doubt Id want to take a dip in the Charles specifically. But its college and they say this is when youre supposed to explore. The group left Sunday afternoon. (I didnt take these shots, but theyre pretty good.) On a slightly related topic as I was scrolling through pictures on my camera, it dawned on me that I never showed you Cams LED project. He worked on this thing for like two weeks straight before classes began, and engaged freshmen in a soldering seminar as a part of East Campus rush. He spent a lot of time writing C code to make letters display, and his goal is to make a display board out of an array of 20 of these things. Most of the boards are nearly done, thanks to soldering frosh Cameron in his lair, clutching the proverbial Snapple bottle and basking in the glow of his three CRTs and one LCD monitor. Theyre all connected to form an extra-wide quadruple desktop. This thing takes five volts from the power supply directly beneath. East Campus has a host of community-use tools and electrical engineering equipment for residents only that power supply belongs to the EE room, for which Cam is the custodian (EEcomm). Okay, so that last one is from a few days prior when he was working on a projector assembly. The metal looked really bland, but with some spray-on stuff and crafty use of a Dremel tool, he has given these panels an expensive brush look. :-) People are super creative around here.
Saturday, May 23, 2020
The Scarlet Letter the Movie Essay example - 783 Words
The Scarlet Letter the Movie The Scarlet Letter is a highly sexual movie remake of Nathaniel Hawthornes classic novel. Starring Demi Moore as Hester Prynne, Gary Oldman as Arthur Dimmesdale and Robert Duvall as Roger Chillingworth. The movie is in a league of its own and thats not really a compliment. Literary purists should be aghast at some of the liberties taken with the original text, but the complaints have more to do with cinematic misjudgments and drastic change in plot than those in the book-to-screen translation. First and foremost the movie opens considerably in advance of the novels first scene, and the script by Douglas Day Stewart delves deeply into early events only hinted in Hawthornes tale.â⬠¦show more contentâ⬠¦This is around where Hawthorne starts his novel, when Hester is about to leave the prison to receive her punishment. When the young woman#8212; the mother of this child#8212; stood fully revealed before the crowd, it seemed to be her first impulse to clasp the infant closely to her bosom(50). This introduction leaves you wondering unlike the movie. You know that adultery has been committed but the father of the child is still unknown. The narrator manages to weave many verbal ironies around the identity of Dimmesdale. But you soon realize that the truth is tainted with infernal spite. The movie lacks this uncertainty. In both the novel and the movie you are introduced to the character of Roger Chillingworth, whos way of revenge is different and not as powerful in the movie. In the movie Roger Chillingworth goes to town portraying a man who was kidnapped by the Indians, and took to their ways with alarming enthusiasm. In fact, he becomes a little too spiritual for the Tribes taste, and when Roger starts dancing around the fire with a dead deer on his back, his captors hastily send him back to his own people. At this point, Roger has flipped out and is totally insane that the Indians are scared of hi m. Upon his release, Roger heads for the New England colony and finds Hester with her illegitimate child andShow MoreRelatedMovie Review : The Scarlet Letter 1794 Words à |à 8 PagesSequel to The Scarlet Letter Once the recent mutiny came to a close, all the townspeople hoped that their quiet little Puritan town would return to the normality that they held so dearly. Now, of course, they missed their beloved reverend, Arthur Dimmesdale, but many believed that the sacrificing if his life was a fair payment to end the madness. His dramatic demise would never be forgotten in the town and he, even being the sinner that he is, would be gravely missed and hold a special place in theirRead More The Scarlet Letter: The Book vs. the Movie Essay1442 Words à |à 6 PagesThe Scarlet Letter:à The Book vs. the Movieà à à Demi Moores portrayal of Hester in the movie The Scarlet Letter proved her worth as a feminist actress, which led her to other, more modern female empowerment roles ranging from Striptease to GI Jane.à But in the moviemakers attempt to give the story what they might think is a little modern flavor, they barbarously misconstrued the theme, and thus the importance, of a timeless story.à In the novel, there can be little doubt that Hester is aRead More Comparing and Contrasting the Novel and Movie Version of The Scarlet Letter3029 Words à |à 13 PagesFilm of The Scarlet Letter nbsp; Films of this era are criticized for substituting violence and special effects for substance. Many believe that creating a movie script is a juvenile form of writing, a shrub to the oak of a novel. Upon reading both the novel The Scarlet Letter by Nathaniel Hawthorne and viewing the film produced by Roland Joffe, one notices the tremendous effort put into both. This essay will explore the many differences and similarities between the book and movie. nbsp;Read MoreThe Scarlet Letter By Hugues Merle1580 Words à |à 7 PagesThe Scarlet Letter (Figure 1) painted by Hugues Merle in 1861 depicts the novel The Scarlet Letter by Nathanial Hawthorne. Hester Prynne, an adulteress forced to wear the letter ââ¬Å"Aâ⬠upon her bosom forever, becomes an outcast from the community with her daughter, Pearl. Merle was often known for painting scenes of mothers and children. He illustrates the scene of Hester and Pearl sitting in the town square as part of her punishment. The townspeople walk by, pointing fingers and making shrewd remarksRead MoreThe Scarlet Letter Vs. Easy1473 Words à |à 6 PagesThe Scarlet Letter vs. Easy A To begin with this essay, I will be focusing on two pieces of media. I had recently read a book named The Scarlet Letter by Nathaniel Hawthorne and watched a movie called Easy A. People say that Easy A is a good portrayal of The Scarlet Letter. Don t get me wrong, the movie shares some of the same themes and the movie is influenced by the book, but in reality, Easy A is not a good portrayal of The Scarlet Letter. With my opinion aside, there are someRead MoreAn Analysis Of The Scarlet Letter 1022 Words à |à 5 Pages Adultery in Easy A Based of a Novel ââ¬Å"The Scarlet Letterâ⬠Saul Ibarra English IV South Texas Business Education Technology Academy In the movie Easy A a cinematic film directed by Will Gluck is a comedy about a girl in high school whose social life completely changes because of a small lie that dominates her image. This rumor connects to Nathaniel Hawthorneââ¬â¢s the scarlet letter due to the fact that themes are drawn such as sin and redemption. Emma stone plays the protagonistRead More Hawthornes Scarlet Letter vs Scralet Letter the Film Essay611 Words à |à 3 PagesHawthornes Scarlet Letter vs Scralet Letter the Film Published in 1850, Nathaniel Hawthorneââ¬Ës The Scarlet Letter describes many details of the life of a woman in a Puritan community and her conflict with their beliefs. Immoral events committed were harshly treated in those times; today these situations are dealt with up-to-date solutions. A Hollywood version of the novel was created in 1995 to visually illustrate the story but left room for comparison. Both the book and movie contain similaritiesRead MoreLiterature Has Functioned Throughout History As A Means1266 Words à |à 6 Pagesa means of social criticism that is accessible to the lay public. Classics like Brave New World by Aldous Huxley and Uncle Tomââ¬â¢s Cabin by Harriet Beecher Stowe leverage their plots to reveal alarming realities and comment on social issues. The Scarlet Letter by Nathaniel Hawthorne is one of the earliest examples of literary social criticism. Hawthorne uses the plight of the main character, Hester Prynne, a convicted adulterer in a soci ety that severely punishes sinners, to take a stand against PuritanismRead MoreSummary Of The Scarlet Letter 935 Words à |à 4 PagesThe Scarlet Letter is about a woman, Hester Prynne, who has had an affair with a man who she would not name. During the affair Hester became pregnant, so the affair became known to the town. She had the child but would still not reveal who the father was she was then forced to wear a red A representing adulterer on her chest for the rest of her life. The movie Easy A is about Olive Pendergast is an average high school student who is not one of the super-popular girls, but not a loser eitherRead MoreThe Real Travesty Of The Scarlet Letter1301 Words à |à 6 PagesThe Real Travesty of The Scarlet Letter ââ¬Å"The real sin of this ââ¬ËScarlet Letterââ¬â¢ [film] is that it doesnââ¬â¢t respect the concept of sinâ⬠(Ansen). Nathaniel Hawthorneââ¬â¢s The Scarlet Letter delves deeper into the explicitness of sin, shame, and guilt. Set in the Massachusetts Bay Colony during Puritan colonization, the characters have strong relationships with God and a sturdy foundation in their beliefs and church. Puritans rely on the concept of predestination, the belief that God has decided whether
Tuesday, May 12, 2020
Reasons Why Mesopotamia Should be Considered a...
Mesopotamia- the land between the rivers- was a region of land in the Middle East between the Tigris and Euphrates rivers that has been dubbed as the ââ¬Å"cradle of civilization.â⬠But why does Mesopotamia get the title of a civilization? From the invention of the wheel to the invention of writing, Mesopotamia is responsible for many firsts in human history. As people began to settle down permanently, due to a decrease in the need for farmers, people began to specialize in occupations. The more people that moved into Mesopotamia, the more traditions and beliefs spread throughout the area and soon a state religion became evident. Therefore, Mesopotamia is a civilization because it made major contributions in the fields of Writing andâ⬠¦show more contentâ⬠¦Secondly, Mesopotamia can be considered a civilization because people began specializing in occupations that they liked or were experts in. This occurred because there was reliable and plentiful food production going o n due to farming tools developed to make farming more efficient, this meant that not as many people needed to work as farmers. This allowed for people to specialize in trades that they liked or were good at and it allowed them to barter goods and services amongst one another. This proves that Mesopotamia is a civilization because generally, civilizations facilitate the exchange of goods produced by different trades-people. Mesopotamians became talented bakers, brewers, weavers, tanners and scribes. People working in these trades prove that Mesopotamia is a civilization because with people specializing and developing new skills, the quality of work would increase which would help Mesopotamia grow into a more advanced and complex society. Therefore, the increasing amount of specialization in occupations proves that Mesopotamia is a civilization. Finally, Mesopotamia can be considered a civilization because of the existence of a state religion. Mesopotamia had a polytheistic religion with about 3600 gods and demigods. This proves that Mesopotamia is aShow MoreRelatedSimilarities And Differences Between Ancient Egypt And Mesopotamia1125 Words à |à 5 PagesAround seven thousand years ago there existed two main civilizations: Mesopotamia, between the Tigris and the Euphrates rivers, and Ancient Egypt along the Nile. Even though Ancient Mesopotamia and Ancient Egypt were both advanced civilizations they had many differences such as their government, religion, as well as their trade and society. Mesopotamian culture thought negatively about its gods, and had conflict, cultural diffusion, and a decentralized government while Ancient Egypt thought highlyRead MoreEssay on Analyzing Early Mesopotamian Civilization1092 Words à |à 5 Pagesanalyzing ancient civilization and how it began, there are many elements and aspects that sh ould be considered. Questions such as how did civilization begin? What lead to its creation? Where did it begin, and why in that particular location? Many of these questions can be examined and answered by researching what many believe is the worldââ¬â¢s earliest civilization, Mesopotamia. It is widely believed that this region was chosen and supported one of the worldââ¬â¢s first civilizations. This area wasRead MoreHow Do The Neolithic And Paleolithic Revolutions Differ?1657 Words à |à 7 PagesEssential Questions: Chapter One Write a response to each of the following questions and / statements. Your responses must be written in complete sentences and should demonstrate an understanding of the course content. 1. How do the Neolithic and Paleolithic Revolutions differ? Ultimately, the Neolithic Revolution advanced society past the basic Paleolithic era, forming a new type of living. The culture introduced in the Neolithic Revolution moved beyond nomadic styles of living and introducedRead MoreHammurabis Code: Just or Unjust?1585 Words à |à 7 PagesMesopotamia, ââ¬Å"the Land between Rivers,â⬠was one of the greatest and the oldest ancient civilizations of the world. This civilization flourished around 3000 B.C. on the piece of fertile land, now known as Iraq, between the rivers Euphrates and Tigris. Before 1792 B.C., the city-states of ancient Mesopotamia were not united and constantly clashed in turmoil and warfare. In 1792 B.C., King Hammurabi conquered and merged the neighboring city states of ancient Mesopotamia, creating a BabylonianRead MoreThe Impact Of Religion On Human Culture1200 Words à |à 5 Pagesrepresentation of how our lives should be led. However, history has brought evidence that made it possible for this notion to be criticized and rather, flipped. The majority of the human race believes that religion shaped our culture but it is rather the other way round, in that the culture of our ancestors, the Mesopotamians and the Hebrews shaped religion to explain the natural world and as a reflection of their lives and tribulations. During the age of Mesopotamia, climate change was still a keyRead MoreHistory 101 Study Guide Essay1782 Words à |à 8 Pages[pic] Gilgamesh was the King of Uruk. His reputation inspired the Epic of Gilgamesh/5th king of Uruk(2500 BC), reigned 126 yrs/lugal ââ¬Å"big manâ⬠(leader) wealthy young man, warrior [pic]Which technologies were used by the earliest Western civilizations? [pic] Stone, wood, leather, and fibers[pic]/ 1st appearance of tools (bone, wood, stone) (Paleolithic ââ¬Å"Old Stone Eraâ⬠) What conclusions may be drawn from a study of the Iceman and the materials found with him about what he didRead MoreReligion and Civilization Essay1245 Words à |à 5 Pagesor group of people who have similar beliefs and values. There are many different types of religions in the world and have been since the history of mankind. What is its role in a civilization and the development of civilization? Religion helps establish mankindââ¬â¢s place in the order of the universe. As civilization began to be established through the domestication of animals, the irrigation and cultivation of agricultural crops, and life became more complex (moving from mainly a hunter/gather existenceRead MoreWesternization And Its Effects On Globalization And Westernization1134 Words à |à 5 PagesThroughout history, dating back to the Akkadian Empire in Mesopotamia, larger civilizations have sought to dominate other peoples while smaller nations have struggled to preserve their history, beliefs and culture. Various examples of this can be seen throughout history - assimilation of conquered lands into the Roman Empire, of native South Americans and Africans into Christianity and European culture during colonization, and the assimilation of Native Americans into the culture of the United StatesRead MoreThe Birth of Civilization18947 Words à |à 76 PagesThe Birth of Civilization Mohenjo-Daro Figure. Scholars believe this limestone statue from about 2500 B.C.E. depicts a king or a priest from Mohenjo-Daro in the Indus valley in present-day Pakistan. Does this figure seem to emphasize the features of a particular person or the attributes of a particular role? Hear the Audio for Chapter 1 at www.myhistorylab.com CRAIMC01_xxxii-031hr2.qxp 2/17/11 3:22 PM Page xxxii EARLY HUMANS AND THEIR CULTURE page 1 WHY IS ââ¬Å"cultureâ⬠considered a defining traitRead MoreThe Importance of Numeration and the Application of Counting Throughouth History875 Words à |à 3 Pagesitââ¬â¢s respective parties, which is why accounting came to be. Accounting is universally known as ââ¬Å"the language of businessâ⬠; in the modern business world accounting revolves around four main financial statements. These statements are known as: the balance sheet, the income statement, the statement of retained earnings and the statement of cash flow. This however, is modern accounting, it has evolved significantly since it first commenced in ancient civilizations. Its hard to say when accounting
Wednesday, May 6, 2020
African Trade Routes Free Essays
Africanââ¬â¢s were among the richest of people back in the 1000ââ¬â¢s. Effects of trade brought cities to faster than they rise. Great civilizations from Ghana to Zimbabwe both flourished but, had their tragic end. We will write a custom essay sample on African Trade Routes or any similar topic only for you Order Now But, it provided them with a lot of things such as gold, salt slaves etc. People introduced camels to the desert in 200 a. d. Merchants primarily used them for trade to the Empires in the middle of the desert. They traded things such as gold, ivory, ostrich feathers, animal hides, and slaves. According to document 5 ââ¬Å"The salt trade made the city prosperous; in Africa, salt ranked with gold and slaves in value. For Merchants to risk camels over hundreds of miles of burning sand, the profits must have been enormousâ⬠(22). This means that merchants traveled to cities in the desert to make mounds of cash. This trade route was the ââ¬Å"trans-Saharan tradeââ¬â¢ which they used camels to travel across. Because, Of the Saharan trade routes many cities like Ghana rose and prospered. It also bought new crops from south and Southeast Asia such as, sugarcane, coconuts, bananas, asian rice, and vegetables. Another effect is slavery; they used slaves to break up the salt so it could be traded. Also trading had a major effect on Islam. According to document 8 ââ¬Å" The leaders became integrated into African societies by playing religious,social,and political roles similar to those of traditional priestsâ⬠(447). This means Muslim leaders kind of move in and just sprinkled their religion around until people caught on. And by learning this new religion it opened doors for even more trading by them eventually learning their language. Ghana soon began to fall, people who were under their control fought for the control of the lucrative trade. Mali was established in 1235 by Sundiata. Male became rich off of the Saharan trade routes. King Moses controlled Gao and Timbuktu his power extended also to the Taghaza salt mines. According to document 9 ââ¬Å" They put their children in chains if they show any backwardness in memorizing it, and they are not set free until they have it by heartâ⬠(304). It basically means that the power that they had over other people also were towards their children which shows they had a lot of money. According to document 6 ââ¬Å"The inhabitants are very rich, especially the strangers who have settled in the country; so much so that the current king has given two of the daughters in marriage of two brothers both businessmen, on account of their wealthâ⬠(112). This means that he cared so much about their money that he ensured they will never lose it. According to document 1 ââ¬Å"Salt is so common, so easy to obtain and so inexpensive that we have forgotten that from the beginning of civilization until about 100 years agoâ⬠¦Ã¢â¬ (Kurlanksy). It shows you that people that wanted salt had to pay and work endlessly until they finally got what they needed. Now all you have to do is pick it up at a store; no effort is needed. According to document 3 ââ¬Å"Behind the King stood ten pages holding shields and swords decorated with gold. â⬠(45). As you can see there was a surplus of gold so they just dressed in it not all How to cite African Trade Routes, Papers
Saturday, May 2, 2020
Estimation of Aggregate Demand and Supply
Question: Discuss about the Estimation of Aggregate Demand and Supply. Answer: Introduction This study is based on the subject of economics. During this assignment, mainly five different questions are answered. In the beginning, the discussion of the study is done on the reliability of real GDP in determining the standard of living of the people in the country. In the second question, the discussion is done on the unemployment and it is tried to identify the reasons for which a country cannot avoid unemployment. In the third question, a particular statement on the prices of goods and inflation is analyzed and in the fourth question, the discussion is made on the aggregate demand curve. The answer of fifth question states about the aggregate supply curve. In the words of Craig (2016), the real GDP of a country indicates the macro economic outputs that are identified by considering the changes in prices of products and services. This means, the real GDP of a country indicates the overall output generating capacity of the country in a particular year. However, many people have stated that real GDP is not a proper indicator of the standard of living of the people in a country. The main reason for which the real GDP of a country cannot be considered as the perfect measure of the standard of living of the people in the country is that the real GDP does not include many factors that affect the standard of living of the people (Succurro, 2016). For example, the earnings from the illegal activities, political and social influences, households activities and underground economic activities. The above-mentioned four factors are not considered while calculating the real GDP of the country. However, if it is analyzed properly, then it can be seen that the activities of households help the people improving their standard of living. Similarly, sometimes, many people earn money through the underground economic activities, which help the people improving their living standards. The term unemployment indicates unavailability of the employment opportunities. Unemployment generally arises in a country due to several reasons like, due to the introduction of new and advanced technologies or due to the internal conflicts within the organization. The unemployment, which is created due to the introduction of advanced and new technology, is known as structural unemployment (Lisi 2016). In present business or economic context, this type of unemployment is unavoidable. This is because presently, the level of competition in the markets is much high and the companies or the business organizations are bound to introduce new and advanced technologies. Due to the introduction of advanced technologies many people, who do not know the use of the technologies lose their job. However, in this context, the companies cannot stop the introduction of new technologies because they need to survive. Hence, due to this reason, the structural unemployment is unavoidable. On the other side, the unemployment that is created due to the internal conflicts or problems of the organizations is known as the frictional unemployment. Lehmann, Ledezma and Van der Linden (2016) noted that, in todays context, most of the business organizations employ the people from different cultural backgrounds. Due to this, differences take place among the employees within the organizations. This ultimately creates internal conflicts and problems in the organizations (Succurro, 2016). However, the companies in todays business scenario cannot avoid employing the people from different cultural backgrounds. Therefore, it can be said that frictional unemployment is unavoidable. Yes, if the average level of prices of the goods and services rises, the inflation in the economy also rises. The main reason behind this is if the price level of the goods and services in the country increases, then the real income of the people in the country automatically decreases (Hansen, 2016). People require spending more money for availing limited quantity of products. This indicates that if the prices of the goods and services increases, the spending of the people also increase, which positively influences the inflation in the country or economy. However, there are many other factors behind the increase of inflation in the economy (Lehmann, Ledezma Van der Linden, 2016). For example, if the cost of the firms in the economy increases, then the inflation rate in the economy also increases and this type of inflation is known as cost push inflation. On the other side, if there is full employment in the economy, then the inflation rate increases, which are known as demand pull inflation (Cheung et al., 2016). In macroeconomics, the curve which indicates the demand for all goods and services, which are produced in the economy, is considered as the aggregate demand curve. Abe, Inakura and Tonogi (2016) stated that the aggregate demand curve is the combined demand for the all goods and services in the economy (Chatterjee, 2016). An aggregate demand curve is always downward slopping. The main reasons behind the downward slope of aggregate demand curve are stated below: The first reason behind the downward sloping of aggregate demand curve is at the low price level of the goods and services in the economy, when the income level of the people is fixed, the demand for the goods and services always increases (Toutkoushian Paulsen, 2016). Moreover, if the price level of the goods and services in the economy decreases, the savings of the people increases. If the savings increases, then interests rate decreases and the purchasing power of the people increases. Hence, the demand in the market increases (Abe, Inakura Tonogi, 2016). On the other side, if the prices of the products and services in a particular economy decreases, then the products and services of that economy become more competitive. This actually increases the demand for the products and services in the foreign markets. Therefore, due to these three reasons, the aggregate demand curve is always downward sloping. The curve in macroeconomics that shows the relationship between the output and the price level of the products and services in the economy is known as the aggregate supply curve (Abe, Inakura Tonogi, 2016). In long run, the aggregate supply curve is vertical because in long-run, the output of firms in the economy is not directly or indirectly related with the price level of the goods and services. On the other side, short run aggregate supply curve is always upward sloping because in short run the supply curve is derived on the basis of nominal rate of wages, which in fixed in short run (Chatterjee, 2016). Due to this, the supply or production of the output depends on the price of the products and services. Due to this, with the increase in the prices of the products and services, the profits of the firms also increase and so the level of output also increases (Rao, 2016). Hence, with the increase in price level, the short run supply curve goes upward. Conclusion In this study, it has been identified that real GDP of a country is not the reliable indicator of the standard of living because it does not consider many factors like, household income and underground economy. On the other side, the rate of unemployment arises because of some unavoidable situations like, introduction of new technologies and internal conflicts in the firms. The study has also identified that with the increase in the prices of goods and services, the inflation rises. At the same time, the study has also found out the reasons for which aggregate demand curve is downward slopping and aggregate supply curve is upward slopping. Reference list: Abe, N., Inakura, N., Tonogi, A. (2016).Estimation of Aggregate Demand and Supply Shocks Using Commodity Transaction Data. Research Institute of Economy, Trade and Industry (RIETI). Chatterjee, D. (2016). A simple example for the teaching of demand theory: Aggregate demand estimation for onions in India.IIMB Management Review,28(1), 20-24. Cheung, L., Chow, K., Cheng, M., Ng, P. K. (2016). Inflation mechanism and monetary policy: perspectives from Hong Kong. Craig, L. A. (2016). Nutrition, the Biological Standard of Living, and Cliometrics.Handbook of Cliometrics, 113-130. Hansen, B. (2016).A Study in the Theory of Inflation. Routledge. Lehmann, E., Ledezma, P. L. M., Van der Linden, B. (2016). Workforce location and equilibrium unemployment in a duocentric economy with matching frictions.Journal of Urban Economics,91, 26-44. Lisi, G. (2016). Unemployment, underground economy and economic growth in a matching model of behavioural economics.International Review of Economics, 1-12. Rao, B. B. (2016).Aggregate demand and supply: a critique of orthodox macroeconomic modelling. Springer. Succurro, M. (2016). Economic Performance. Toutkoushian, R. K., Paulsen, M. B. (2016). Demand and Supply in Higher Education. InEconomics of Higher Education(pp. 149-198). Springer Netherlands.
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