Descriptive Essay - Original Writing - 1466 Words

It was to late before I heard the sirens. I heard cars pull into the drive way into our new tent. I took a quick peek out the window. The immigration police were here! I ushered my family out the back door but it was to late. I showed them my ID and he moved to Rorra, whom didn t have one. He directed her to the car but Mama stepped in front of him holden hew brass pan. Move aside woman. the officer said gruffly. No! You can t take our children! Quick run to Chihiro! She was a fellow farmer from Japan whom we d helped in the past. Rorro just stood there and quivered. The officer raised his gun and pulled the trigger. Mama s eyes widened in surprise and she staggered backwards and hit the ground with a thud. The†¦show more content†¦The man tried to lift the crate and it slowly slid over and he started muttering to himself. What the -creak- is in here? I couldn t hear what he said because of the crate creaking but I had a few colorful guesses. They eventually slid/lifted the crate onto a cart and rolled me away. I heard the voices drift if and a door slam. I lifted the tarp and the room was devoid of human life but full of other boxes. I heard a strange flowing sound. I noticed a rolled up piece of paper on the floor. I unrolled it and found a map. I was never taught how to read but I knew where Mexico was and California was just above it. I than noticed a circle around part of an island. I searched the box and found a label that I assumed said United Kingdom. I started searching the map and muttered to myself. Okay, first theres the one that looks like a bowl than an upside down bowl. I searched until I found several words with the same symbol. Next is the stick with the dot, the cross and than the curly thing. There was only one place that had those letters. And it was a far ways away. I than realized what the strange sound was. I was in the pacific ocean. No, this can t be happening. I muttered. I heard the door s unoiled hinges squeal. Is there some one in there! some one shouted from outside. I could hide again but the label I pealed off and map would still be there. I quickly scanned the room and foundShow MoreRelatedDescriptive Essay - Original Writing1110 Words   |  5 PagesI don’t know how I got to where I am, but I’m here now, and I have to win if I want to live. I am in a game, and in order to live, I have to escape. That’s the thing, though: I don’t know how to escape. I was running for my life around this old house that looked like it came straight out of a horror movie. I doubled over and held my head in pain as I saw the static, which meant it was coming. I was being chased by what looked like a person but in no way acted like one. Just as it was about to appearRead MoreDescriptive Essay - Original Writing1102 Words   |  5 PagesIt is on days like this when we stop to think about our life. 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I can see it in his eyes, he really has beenRead MoreDescriptive Essay - Original Writing974 Words   |  4 Pages I was used to moving round, having a mother who liked to travel more than making roots was something I had gotten used to. Still, I had never gotten used to the loneliness of an empty house when she was out exploring, or the feeling of leaving behind someone who could have meant something to me. Our most recent move was Oregon. It was pretty, and I didn’t mind it, but it was much different than Florida. Not only was it opposite sides of the country, it felt as if it were opposite worlds. InRead MoreDescriptive Essay - Original Writing1012 Words   |  5 Pageshave plenty of time in the next month to think about my feeling in regards to Kendrick. I needed to finish up the article and get it off to my editor. I should be able to get it done by tonight and send an email in the morning. I was thinking of writing my next article about the sea life around the Scottish coast. Since our salmon dinner last evening I thought I would do a piece about the commercial salmon farming that began in Scotland in 1969. In 2002 over 145,000 metric tons of farmed AtlanticRead MoreDescriptive Essay - Original Writing1561 Words   |  7 PagesThere’s something I need to say and what follows may not be something that you’d expect, it won’t be heartening or uplifting. If you remember today, I told you about going somewhere I wanted to go to†¦ I’m not sure if you believed and accepted what I now confess as untrue; it is partly. I needed to pull away emo tionally†¦ from you. You must have had fathomed that some degree of formality had seeped between us. Born of habit, formulaic greetings had become a routine. You presume that I’m a close friendRead MoreDescriptive Essay - Original Writing1387 Words   |  6 PagesI was wearing a beautiful blue dress with sapphire gems all around the chest area as I entered the ball with Ciel and Sebastian. I took a good look around here, the hallway was lined with gold. There was a servant ready to escort us to the ball room. Hello, come this way. He said, walking forward. Wow, this place is so fancy! I exclaimed, looking around. It s fake gold. Ciel bluntly replied, bringing my hopes down. I sighed. Ciel sounded like he wasn t in a very good mood. Ciel, lightenRead MoreDescriptive Essay - Original Writing1287 Words   |  6 Pages In the morning, Caireann woke me up. She stood above my bed, shaking my shoulder. I opened my eyes, looking at her. Then I looked across the room to her empty bed. Andy s empty bed sat in the corner. I swallowed, climbing out of bed. Sleep well? Caireann asked me, starting out the door. Yeah, I said, going over to our small dresser. I had the bottom two drawers. Andy had the middle two, and Caireann had the top. I pulled open the drawers, pulling on a colorful tank top and a grayRead MoreDescriptive Essay - Original Writing1345 Words   |  6 PagesLater that night, I was behind the wheel of my G-Wagon with Melissa in the passenger seat. She didn’t feel like driving since she was on the road all day and I understood so I didn’t mind when she asked me to. I had been tight-lipped. She kept eyeballing me as if she detected that something was bothering me but I just kept singing to my India Arie as if I was carefree. â€Å"So are you going to tell me what’s going on or no† Melissa said disrupting my own personal concert. I stopped singing and tookRead MoreDescriptive Essay - Original Writing1085 Words   |  5 PagesI WAS SITTING IN a taxi, wondering if I had overdressed for the evening, when I looked out the window and saw Mom rooting through a Dumpster. It was just after dark. A blustery March wind whipped the steam coming out of the manholes, and people hurried along the sidewalks with their collars turned up. I was stuck in traffic two blocks from the party where I was heading. Mom stood fifteen feet away. She had tied rags around her shoulders to keep out the spring chill and was picking through the trash

Tata’s Takeover of Jaguar and Land Rover Bumpy Road or Smooth Ride Free Essays

Tata’s Takeover of Jaguar and Land Rover: Bumpy Road or Smooth Ride? In June 2008, India-based Tata Motors Ltd. announced that it had completed the acquisition of the two iconic British brands – Jaguar and Land Rover (JLR) from the US-based Ford Motors for US$ 2. 3 billion. We will write a custom essay sample on Tata’s Takeover of Jaguar and Land Rover: Bumpy Road or Smooth Ride? or any similar topic only for you Order Now Tata Motors stood to gain on several fronts from the deal. One, the acquisition would help the company acquire a global footprint and enter the high-end premier segment of the global automobile market. After the acquisition, Tata Motors would own the world’s cheapest car – the US$ 2,500 Nano, and luxury marquees like the Jaguar and Land Rover. Though there was initial scepticism over an Indian company owning the luxury brands, ownership was not considered a major issue at all. The takeover has been greeted with jubilation, especially in India, because of the prestige of these marquee brands. On the other hand, sceptics have also been wondering how this acquisition fits in with the Tata Group’s overall strategy. What can the Tata’s do differently than Ford to ensure that the acquisition pays off? What major challenges will Tata Motors face in integration and marketing? I personally find it a very fascinating deal. It’s clearly not a deal that is trying to build economies of scale in just one business and just reach into new markets. It’s quite a differently motivated deal. For Tata it’s not the first time that they’ve reached for a brand with some prestige value as part of expanding their global visibility. So I think viewed as an acquisition that they intend to learn a great deal from, it could very well make sense. How to cite Tata’s Takeover of Jaguar and Land Rover: Bumpy Road or Smooth Ride?, Essay examples

Juvenile delinquency case free essay sample

Juvenile crimes are the various offenses that children under the age of eight-teen commit. The acts involved in these crimes are called Juvenile delinquency. The issue of Juvenile delinquency has been a rising issue in the American society for decades. As we take a look into the factors behind this problem we will also look into what changes have been made to the Juvenile Justice system to combat this. Factors behind Juvenile delinquency is said to be mental illness and substance abuse which are the main contributors. It is said to be that roughly thirty to ninety percent of etained and incarcerated Juveniles have been found to have some sort of mental illness. In the past, there were times when these crimes would escalate or get more violent. This necessitated changes in the policies by law enforcement officers to meet the growing problem. Among these changes were the impositions of Juvenile transfer laws, prosecutorial discretion and even capital punishment for these Juveniles. We will write a custom essay sample on Juvenile delinquency case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the case of Jordan Brown, it is one of the rare cases in which he does not fall into the thirty-ninety percent quartile range of mental problems. He also does not fall under he category of a substance abuser. Jordan Brown is an eleven year old boy who allegedly killed his stepmother to be. In February of 2009, a four year old daughter of Kenzie Houk came running out of her house screaming her mother was dead. A local tree cutting service heard the cries from the child and immediately got the address of the home to call 911. State police found the body of a pregnant twenty-six year old, Kenzie Houk, lying in her bed dead from a shotgun blast to the back of the head in the small town of Wampum, Pennsylvania. The search for her killer ended quickly in utter despair. The murderer was eleven year old Jordan Brown, son of the victims fianc ©. Local weather reports had roughly one inch of snow on the ground since the night before and there were no traces of footprints near the house except ones made by the father who left for work that night before the autopsy proved she was dead. The shooting occurred sometime after the father had left for work, approximately 3:30a. m, leaving only Jordan Brown and Houks two daughters at the ages of four and seven at the home. Police investigators found a shotgun shell dropped along a path in which Jordan alked along with Houks oldest daughter to catch the school bus after the shooting. The shotgun belonged to Jordan; it was a gift he had received on Christmas a year prior to the shooting. The father, Chris Brown, bought him the gun because the two of them would go hunting together. The gun was locked away and only taken out when the two of them would go out on their hunting trips. They also found the shotgun witn residue trom the bullet, in Jordans room along wi tn that same residue on his shirt and pants. Before the shooting occurred a few days prior, Houks nephew reportedly heard Jordan commenting on murdering the Houk family. Reports claim Jordan stated if I had I gun I would pop Kenzie and her two girls. When asked about the remark Jordan responded with a simple no I never said that. Also a testimony from Houks oldest daughter had said that she saw Jordan earlier in the day and he was holding a gun. A possible motive for the homicide or probable behavior has also been provided by the prosecutor in the case. It was a blended family, and the alleged juvenile was said to be Jealous of the fianc © getting married to his father and all the attention she was receiving for the baby that was due in two weeks. He felt as if he as being mistreated by the fianc © who reportedly favorited her own daughters more than him. She would allegedly not give him any attention and only pay mind or take interest in her own two kids. Lastly, the parents decided to move him out of his room so that they could make more room for the new baby. As an eleven year old boy it is hard to cope with all of these new changes at home and this was essentially the last straw for Jordan. This case is an unusual one because the murder occurred in Pennsylvania and the law states that any homicide will be conducted in an adult court room, regardless of the age of the offender. The offender is one of the countrys youngest suspects to be charged with homicide. Jordan spent the next three years in a Juvenile detention center in Erie, Pennsylvania in hopes that his lawyer would move the case to a Juvenile hearing instead of an adult hearing. John Bongivengo of the Lawrence County District Attorneys Office states: In the case of homicide, my choice is either to charge Jordan as an adult, or dont charge him at all. Not charging him at all? That would not be feasible. (Bongivengo, 2010) In Bongivengds perspective, he has to charge Jordan; he has no other options due to state law. But many people are arguing saying that twelve is much too young to have a life sentence. Pennsylvania has the most Juveniles sentenced to life in parole than any other state in the U. S. Lawrence Steinberg of Temple University had some comments on the possible sentencing stating: l think the Judges decision in this case is both disappointing, and I think, misinformed. The Judge is saying in order to be tried as a Juvenile you need to admit that youVe done the crime. That doesnt seem quite right to me. A childs brain isnt fully developed especially in area that controls decision making, risk taking and mpulsive control. (Steinberg, 2010) Eventually, Browns lawyer successfully argued to move the court hearing to a Juvenile court room. If the trial had not been moved to the Juvenile court system and it stayed at the adult court room, Brown would have faced the charges of a life sentence without parole. Instead, he was found to be an adjudicated delinquent, which means he was found responsible for the deaths of Kenzie and her unborn child. Jordan will receive treatment and his progress will be reviewed in six month intervals. Lawrence County Judge John Hodge found the ow-14-year-old Jordan Brown delinquent, the Juvenile court equivalent of a guilty verdict, in the deaths of 26-year-old Kenzie Houk and her unborn child. The Judge closed the trial, held about 45 miles northwest of Pittsburgh, to the media and all but close family members because of the boys age during the killings. (Mandak, 2012) The defendants lawyer, Stephen Colafella stated that it is much too early to say if he would appeal the Judges ruling on the official verdict of first degree murder and criminal homicide charges. (Colatella, 2012) Also, Prosecutor Anthony Krastek nad ome words to say and commented on the verdict exclaiming it was important because it would now allow the child to receive the medical attention he needs such as counseling and other treatments the child did not receive prior to the courts verdict because the family would not accept the boys guilt. (Krastek, 2012) Browns sentence will have him in an undisclosed treatment center until the age of twenty- one where he will be released based on progress of the therapeutic treatments he will receive. The father of Jordan still felt that his son was not guilty and made it appoint to see his son found set free. He travels a four hour round trip drive every day to visit his son in the detention center and trusts that his son is not responsible. He states l know my son. Ive talked to him numerous times in depth about what happened and f he knew anything about it, if he was involved, he would have told me by now, Brown said. Not only that, but keep in mind, [he was] 11 years old when this happened, now 14. In the environment that hes in, a child like that is going to break down and his story has not changed from day one. (Brown, 201 3) On May 9, 2013 the delinquency finding was appealed by the defense, and the Pennsylvania Superior Court issued a decision that overturned the finding. The boys lawyer said he was pleased but not shocked due to the insufficient evidence against the young boy and that there may have been other people involved in the execution. He states he had always felt that the state had insufficient evidence against Brown and that other people may have been involved in the shooting. (Colafella, 2013) He was pleased but not shocked at the overturned verdict. The Attorney Generals office asked the Superior Court to reopen the arguments, but they declined to do so in July, leaving the prosecution to appeal to the state Supreme Court. However, the defense team appealed the guilty verdict on the arguments that key evidence was unsupported by facts. According to the Superior Court decision issued in May 2013, a key piece of evidence was that there were no unaccounted-for footprints in the snow around the home in Wampum that the Browns shared with Houk and her two daughters. Leaving the initial ruling that Brown would stay in the Juvenile detention center until August of 2018. After a full analysis of the case, I believe that the only possible theory that incorporates in Jordan Browns case is strain theory. Strain theory applies because Jordan was under the impression he was being detached from the family or he was not given the attention he needed to receive. At the age of eleven, a young child is going through emotions and needs parental figures to provide unconditional love and affection towards which provides structure. Jordan, being in a blended family obviously felt he was not given the same affection that his future step mother had been giving to her own children which caused him to react the way that he did. He felt he was being neglected which caused him to become stressed. Stressed to a point where the only way things would ever go back to being the same was if he killed Kenzie and the baby. Being in a blended family caused Jordan to feel unappreciated of Kenzie Houk and it was a difficult time for him to cope with the changes at home. This was a particularly hard time for Jordan, who not only had to deal with his new step mom and step sisters, but also had to deal with another new born child which would eventually make him feel unimportant and out of the family. And ot course chi Idren are extremely sensitive when it comes to any changes at ome, and changes in family structure can take their toll. If it is not handled in a proper fashion, this can cause tremendous negative impacts on their personality. I believe that the end result of the death of Kenzie and her baby was because of the unstable structure at home and it caused Jordan to snap. At the initial hearing in which the case presented itself, I felt as if the courts were way too strict to hold the case in an adult court room. Jordan was eleven years old at the time of the crime, how can a Judge rule the defendant guilty with a sentence of life without parole? At ge eleven? How young is too young to be convicted of murder? I believe that Jordan should be kept in a psychiatric mental institution and get mental evaluations until treatment and medication proves that he is no longer a danger to himself or society and base his release time off of that. After the trial had been successfully moved into the Juvenile court room, I feel as if the Judges final verdict was more than reasonable. Jordan will now face up to ten years in a Juvenile detention center where he will receive all the treatment and medication he needs to get better.

20 Compare and Contrast Essay Topics on IT from the Academic Perspective

20 Compare and Contrast Essay Topics on IT from the Academic Perspective Academically, IT has great potential to help and reform the learning abilities of a modern day student. There is so much to talk about the changes IT can bring in the world of education. If you want to write a comparative analysis in the form of an essay, this guide should prove very helpful. If you recall, the first in the series of these guides was 12 facts on it in the academic perspective for a compare and contrast essay, which helped you kick-start your research. This is the next part which will help pinpoint your research focus and choose a topic. Here are 20 topics on IT in the academic perspective for a compare and contrast essay: Codified Knowledge in IT System: Is It Required? Teaching Methods with IT Systems Issues in Adopting an IT Based System IT-based Performance Measurement Indicators Effects on Teaching Jobs: Tenures and Motivation if IT Is Implemented IT Systems Integration in the Autonomy of Teaching Staff Concept of Productivity Under IT IT Implementation and Economies of Scale How Non-Traditional Education Providers Can Offer High Quality Education through IT Based Systems Cost Comparison of IT Learning System and Traditional Education System Academic Administrative Record Keeping through IT Implementation Ease of Access to Education through IT and its Economic Repercussions on Traditional Institutes Ease of Preparation for Teaching Staff before a Lecture Due to IT System Integration Concept of Online Portals and How They Are Beneficial to Students Who Want to Revise Lectures Academic Research in IT-based Educational Systems Is Complete IT Reformation of Educational System Financially and Administratively Possible? Reprogramming IT Systems vs Retraining Teachers Printed and Electronic Educational Material: What Is Better? Outsourcing Teachers through IT Systems Time Management in IT Systems: The Problem of Relocating Time and Resources For now, here is a sample essay on one of the topics mentioned above. It is recommended that you read the following before we discuss how to write the actual essay, Sample Compare and Contrast Essay: Issues to Adopting an IT-based System In order to have full-scale implementation of IT strategies, methods and technology, one must understand and know how to address various issues revolving around the acceptance of IT in academic institutions. Even in nature or life, when we generally try to introduce change in an existing and established system, its first response is to fight back, much like immune systems respond to foreign organisms or bacteria. Similarly when we talk about changing the education system, there is a huge divide between different school of thoughts, primarily due to fear of the unknown and the financial investments that follow. People love consistency and they believe the existing educational system is perfect in every sense, and that IT integration is a bit of a farfetched and not really necessary concept. One of the biggest issues to full IT adoption is dealing with people who have invested in the traditional way of doing things like teaching techniques, how to scale productivity and faculty autonomy. Going in more detail of scale of productivity, for example, I believe the real factors are the student-teacher ratio, teaching loads and sizes of classrooms. One solution to the above is teachers changing their perspective and allowing change. Simply saying that they prefer things a certain way isn’t enough; for progress’s sake, the systems need to be upgraded. The concept of faculty autonomy comes under scrutiny if interconnectivity is introduced, meaning the teachers and professors will no longer be able to control where, when and what they teach. This alone gives them reason enough to make sure that the system doesn’t get IT upgrades, and this ultimately, affects the students’ learning productivity and capacity. Academic faculties are run by people and not everyone is good at their job, frankly speaking. Unfortunately, there is a sizeable amount of teaching faculties in the US who believe that productivity and quality learning is calculated through the sheer number of scholarships. Traditional teaching systems rely heavily on scholarship-based assessments rather than promoting education that can be used actively by students in their daily lives, It is natural that teachers will see this as a threat and they would prefer more faculty members rather than adopting IT. None of them would be in favor of going for the additional expenses of investing in an IT system either. But facts are facts; academic institutes have very little incentive to teach and a lot of incentive to carry out research work. This means that the institutes are heading towards more research work and seriously reducing class workload for students. In educational institutes, nearly all departments give little attention to teaching itself and the overall learning process; rather, research is evaluated in detail while teaching and learning aren’t properly scrutinized. While teachers do put in extra effort and evaluate each student individually, departments, however, do not strictly regulate educational objectives and performance assessments. Cost comparisons are where most IT proposals are rejected because traditional policy makers often can’t fathom the cost-cutting that eventually comes with an IT investment. For them, the initial investment is way too much, or so they think. Traditional policy makers have a â€Å"don’t change till it breaks† mindset and for them, it’s almost impossible to understand some of the rewards that come with making new investments. This concludes our sample compare and contrast essay on IT in the academic perspective. Make sure to check our guide on this academic genre and subject in our next piece. References: The Joint Task Force for Computing Curricula 2005.Computing Curricula 2005: The Overview Report (pdf) Using Information Technology to Enhance Academic Productivity. (n.d.). Retrieved July 19, 2016, from https://net.educause.edu/ir/library/html/nli0004.html Alrafi, A. (n.d.). Information systems adoption: A study of the technology acceptance model. Bouwman, H. (2005). Information and communication technology in organizations: Adoption, implementation, use and effects. London: SAGE. Centre for Education in Science Technology. (n.d.). Retrieved July 19, 2016, from cest.org.uk/importance-of-technology-in-schools/ Five Ways Teachers Can Use Technology to Help Students. (2013). Retrieved July 19, 2016, from brookings.edu/research/opinions/2013/05/07-teachers-technology-students-education-west-bleiberg Need and Importance of Information Technology in Education. (n.d.). Retrieved July 19, 2016, from http://wikieducator.org/Need_and_Importance_of_Information_Technology_in_Education

Travel Writing 101

Travel Writing 101 A lot of freelance writers dream of breaking into travel journalism. Who doesn’t want to see the world and get paid for the privilege? Most of us fall into one of two camps. We either think travel journalism is easy and anyone can do it, or we think it’s an impossible dream. The truth lies somewhere in the middle. In addition to numerous specialist travel magazines and websites worldwide, the vast majority of which use freelancers to provide content, most national newspapers and lifestyle publications also have travel sections. All told, this is a lot of markets you could be writing for. Think of an angle, with one eye on current trends, obviously based around a specific destination (the more off the beaten track the better – there are only so many articles about Paris or New York City a publication needs) and pitch away until you get a commission. Bear in mind editors will generally be more receptive to fully-formed ideas that adhere to their contributor’s guidelines and fit their existing format. Then, you can start planning. Write up a detailed itinerary listing everything from how you plan to get there and where you are going to stay, to activities and airport transfers. Always check local events listings and try to maximize your time Now the hard work begins. Use your newly-acquired commission as leverage to approach tour operators, airlines, car hire companies, hotels, local amenities, businesses and tourist attractions which could theoretically slot into your schedule. Explain that you would be happy to namecheck them in your article in exchange for a free ticket, a room for a night, or even a meal, depending on what service the business provides. Be warned, the potential provider will likely want to see details of the publication you are writing for (circulation, readership, demographic, etc.), proof of commission (a short-headed letter from a commissioning editor will suffice) and will need you to explain how their service or product will be integrated into your feature. In short, they will want to know if working with you will be worth their investment. This step requires a lot of legwork, but in a perfect world, you should be able to subsidize your trip, if not pay for the whole thing. Unless you are a staf fer, in the current climate very few publications are prepared to pay contributor’s expenses, but it never hurts to ask. In the digital age, most freelance travel writers have a large social media presence and a blog. Some also have YouTube channels. Maintaining a blog and building a following takes time. But the old adage ‘Sell it and they will come’ bears fruit. If you provide a worthwhile product and promote it well, readers will find you. How do you provide a worthwhile product? Make your posts valuable, practical, and ensure each has a jewel, some hidden or little-known fact or nugget of knowledge. Aim to fill a niche, such as traveling on a budget or being a solo traveler. Remember, your blog is your showcase. When it has gained some traction, arm yourself with the vital stats such as your total followers and site hits (screenshots are more impressive) and go about the subsequent steps as you would if you’d won a commission from a national publication. There are a few free platforms you can use for blogging. I recommend WordPress or Wix. https://wordpress.com https://www.wix.com/ Alternatively, try contacting various agencies such as international tourist boards and other official bodies. Introduce yourself and ask about any promotional press trips. This is something countries do to boost international tourism. Then you can pitch editors according to what’s available. Play your cards right, and you could be writing your next assignment from a beach hut in Madagascar.

New Keynesian Model Essay Example | Topics and Well Written Essays - 1000 words

New Keynesian Model - Essay Example A major advantage of the NKPC compared with the traditional Phillips curve is said to be that the latter is a reduced-form relationship; whereas, NKPC model has a clear structural interpretation so that it can be useful for interpreting the impact of structural changes on inflation (Gali and Gertler 1999). The key New Keynesian models of incomplete nominal adjustment Dynamic Stochastic general equilibrium (DSGE) is a new Keynesian economic model whose foundation is hinged on the microeconomics elements. The key purpose of the DGSE model is to integrate monetary policies and theories with real business cycles impacting the economies. The model acknowledges and specifies preferences of economic agents such as individuals and firms who wish to maximize utility ad profits respectively. The DGSE model depends on the current choices of economic agents to predict future economic outcomes. It also allows stochastic disruption on the technology of production and applies the competition princi ple to compute equilibrium price and quantities under the function of preferences, tastes, technology and random shocks (Geweke 2009). There are many assumptions that are made in the DSGE model. The first assumption is that the model relies on complete markets. Complete markets allow competitive monopolistic economic agents (firms) to set prices in response to market conditions. The set prices cannot be adjusted instantly without incurring some additional costs. Second assumption is that prices and wages are sticky. Economic processes are influenced by various factors that delay price and wage adjustments making it difficult to attain full equilibrium. Such factors include failure of firms to reduce prices even if marginal cost decreases in order to increase their level of profits. If demands fall, firms are likely to hold prices constant and reduce production rather than reduce the prices of goods or services. Thirdly, the model assumes that economic agents are rational. This means that economic agents choose appropriate consumption paths that maximize utility and production paths that maximize profits. Fourthly, resources are fully utilized in each period. This means that there are no resources spilling to the next budget period. Fifth, input decisions are determined by people who decide how much time they work, the quantity of goods and services they consume as well as the amount of income they save and invest in line with costs associated to those decisions. Sixth, the economy is closed. This indicates that they are no international goods or services that flow in or out of the economy. Seventh, money markets do not exist in the economy. Finally, the eight assumption of DGSE model is that people know policies that affect them a next in advance. For example, people know the exact tax policy that affects them in the coming year. These are policies that are likely to be sustained though they are likely to experience stochastic disturbances. The model takes int o consideration random shocks such as technological change, fluctuations in price of oil and errors in macroeconomic models. Though the model is considered superior, it has been criticized that it was not useful in analyzing the financial crisis of 2007-2010. It is also considered as too stylish

Field Report for Sierra leone Assignment Example | Topics and Well Written Essays - 1750 words

Field Report for Sierra leone - Assignment Example As an outcome, industrialexpansions, large scale agriculture of trade products, as well as justifiable and sustainable investments have been highly neglected by governments. Therefore, the economy could be defined as exploitative, and is based on the pulling out of unsustainable resources as well as non-recyclable assets. An interview was conductedon three different groups, and from each group, one person was chosen to represent the groups. The first group was made up of people working in the government, the other group represented common people, while the other group represented the privileged in the society.The first group was represented by Mr. John; the other one was represented by Mr. Eke, while the third group was represented by Miss Ann. John: Sierra Leone is currently carrying out its development strategy under the national long term perspectives, a programme known as â€Å"vision 2025†. The significance of this programme spins around nurturing and promoting a strong, self-reliant, modest, and competitive private zone steered the economy with very strong and stable participation. Employing the overarching strategies of the long term perspectives, current macroeconomic policy is conducted on poverty reduction strategy paper (PRSP)developed with the IMF. The aspects of this plan include infrastructure development, private sector development, and reforms to enhance and increase domestic revenue collection. The poverty reduction strategy puts an emphasis on agriculture and fisheries, human development, transportation, as well as energy. John: Both the PRSP and the â€Å"vision 2025† have a number of key challenges in the development of the private sector as well as an investment which includes; the dominance of a substantial and growing informal sub sector, Sierra Leone’s limited capacity to participate in investment activities, and a weak institutional environment