The Management Of The Macroeconomy - 1594 Words

Does it matter if the management of the macroeconomy is driven by political as well as economic considerations?/ careful thought The management of the macroeconomy is crucial for a countries stable economic growth. In this essay we will evaluate the effects of following economic as well as political considerations and determine whether a particular drive is beneficial or detrimental to a countries macroeconomy. Initially when referring to the macroeconomy we focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation. As a result of economist John Maynard Keynes work in the 1930s, governments are able to control the total amount of demand in the economy /Aggregate Demand (AD =†¦show more content†¦In reducing unemployment rates policymakers are able to cut government spending on benefit tax and generate greater government expenditure through means of income tax, which can then be put back into the economy to stimulate growth. For example greater expenditure can be used settle the outstanding trade deficit or used on public goods such as healthcare to create a more productive workforce, which will in itself benefit the economy through a greater number of units being produced- Keynesian multiplier effect. Clearly we are able to see the many benefits of reducing unemployment for an economy, which will not only benefit consu mers as they posses greater income, but businesses also through greater sales margins. Inevitable greater income levels for the government will result in greater income levels for consumers and business also, leading to an increase in injection into the economy and thus aid to stimulate economic growth. As we can establish whether the consideration to reduce unemployment originate from a political or economic foundation it will lead to the positive management of the macroeconomy. However, how policymakers intend to reduce unemployment is key to the success of managing the macroeconomy. If policymakers interests are to stimulate economic growth they will intend to use long term monetary, fiscal and supply-side policies to create steady

Cause and Effect - Free Essay Example

Sample details Pages: 2 Words: 639 Downloads: 10 Date added: 2019/10/10 Did you like this example? Introduction In our daily lives, we normally come across many activities that requires us to take actions either immediate or delayed in nature. When we are faced with any critical event and we are alone, we definitely know that it is our responsibility to act on them failure to which the outcomes will blame on us. However, when we are in a group and a critical event needs our actions, we may be faced with a dilemma on who is supposed to act on the matter, which may have either a positive or negative impact on our lives. Don’t waste time! Our writers will create an original "Cause and Effect" essay for you Create order This paper aims to discuss the â€Å"responsibility-diluting effect† that occur when several people witness a critical event. First of all, it is normal that people in a group tend to assume that their partners is more responsible for actions that occur when together. This assumption drives them to believing that they play a little role in matters that may pose danger to others, imagining that a counter will take care of the matter. When faced with a critical event therefore, each of them turns to their neighbor in hope that he will solve the issue. For example, in the event of a child running across the road with a car approaching, a group of people able to catch the child may look for one another which leaves the child to run because of failure to act. A continued assumption that others will take care of the event may however result to an individual developing a dependence personality disorder which leads to them acting always in expectation of others. The other major cause of people acting in this manner if the fact that there always appears to be a fear of failure when an individual decides to act and do not make it as expected. People might be willing to help in the case of a particular critical event, but the fact they may be embarrassed keeps them off from the activity. For example, in case of an emergency, a person may fail to call the police even if he has the opportunity to do so citing that they may fail to turn up which can lead to group embarrassment. The major effect of this is that individuals may have fear to an extent of leaving that which is critical to them and fearing to be ashamed in front of their groups. Consequently, ignorance among people may play a major role for the cause of responsibility-diluting effect during a critical event. As a fact, people might have tendency of believing that what an event leads to is normally felt across groups. A person in a group may feel that the resultant effects is felt across the whole group and thereby fail to take action to deter the bad results from happening. For example, a person might feel that getting lead of garbage from the compound should be for the whole society and may feel that the effects that it brings will be felt across the group. This in turn may result to the Peron been affected individually and not as a group. Conclusion In conclusion, it is clear to say that people do not strain much when they are in a group in case of a critical event. When faced with a critical event, normally we tend to look for our partner’s response, we may also decide to delay the action in fear of embarrassment, or we may ignore and leave it for others to do. These acts however should be stopped as their impacts are always negative and everyone should start feeling responsible for various actions that occur on their face. Making yourself responsible even on the face of others can have tremendous impacts which may appear good for the others who the critical event was to be directed to.

The Two Books, Coined by the Theologians Free Essays

The Two Books Module 3 The Two Books, Coined By The Theologians Gloria J. Farmer HTH-505-0101: Systematic Theology I Instructor: Professor Peter Conlin March 19, 2013 The Two Books – Page 1 God’s objective for self-revelation is that mankind comes to know Him better. From the beginning of creation, God’s plan â€Å"was to create a people among whom he could dwell and with whom he could be in relationship† (Hill Walton, 2009, p. We will write a custom essay sample on The Two Books, Coined by the Theologians or any similar topic only for you Order Now 23). Mankind has no excuse for not knowing God and establishing a relationship with Him because â€Å"everyone naturally has a general idea that there is a God† (McGrath, 2011, p. 5), based upon His eternal power and divine nature. His glory is declared in the heavens, the work of His hands is proclaimed in the skies, (Psalm 19; Romans 1:20) and â€Å"the order, intricacy, and wonder of creation speak to the existence of a powerful and glorious Creator† (Got Questions, 2013). Moreover, â€Å"people everywhere possess general knowledge of the existence of God as the Creator of heaven and earth, and they understand His righteousness, and that He administers punishment to the wicked, etc. However, â€Å"people do not have a clue of God’s plans concerning mankind, the benefits of His blessings, our deliverances from sin and death, and the plan of salvation—which denotes true knowledge of God (McGrath, 2011). The Two Books that God reveals Himself to humanity include, â€Å"General Revelation and Special Revelation. â€Å"General revelation refers to the general truths that can be known about God through nature. Special revelation refers to the more specific truths that can be known about God through the supernatural† (Got Questions, 2013). General Revelation was not the catalyst that was designed to teach us our obligation towards God and our proper relationship to him as our creator. It was not designed to guide us in morality even if the fall of man had not occurred in the Garden of Eden† (Preacherwin’s, 2008). It is through General Revelation that God’s revelation of Himself as God, and the righteous judge is seen. Also, th rough General Revelation man is seen as a sinner standing under The Two Books – Page 2 God’s divine judgment. The clear message of general revelation and what is derived from it–natural theology (e. g. , Romans 1 and 2), encounters the problem of fallen man perverting its clear message. Nature, human history, and human nature (internally—via conscience) denote the three primary categories of general revelation (Apologetics, 2013). â€Å"God manifested or revealed Himself through Special Revelation in three major categories that include: miraculous events, divine speech, and visible manifestations. Special Revelation is redemptive or salvific in nature and is communicated in both words (e. . , Scripture) and acts or actions. It must be revealed/initiated by God alone. Christ and the Scriptures respectively are the supreme examples of Special Revelation† (Apologetics, 2013). Having said this, The Two Books, coined by the Theologians, present an intertwining role of Special Revelation (Scripture) and General Revelation in the theological task of discovering God. As we explo re General Revelation in the area of Science and the Bible, we must note that there is some information that General Revelation tell us and does not tell us. According to VandenBerg, (2010), there are two beliefs among the Christian community concerning scientific knowledge and the Bible. For example, â€Å"there are Christians who reject the knowledge in the areas of evolution, cosmology, and insist that the biblical accounts of creation and cosmology must be read in a woodenly literal fashion. They assert that it is not necessary to harmonize the Bible and science because, for the most part, the scientific academy is wrong. Furthermore, some Christians insist that what the Bible says about the origins of the universe does not, in fact, cannot, contradict what science has discovered. Contrasting those in the first group, those in this group tend to affirm the discoveries of science while seeking to harmonize them in some way with the biblical text. The Reformed tradition, tends to fall into line with the The Two Books – Page 3 latter group† (p. 16). However, â€Å"Because God is the author of both books—the physical world and the Bible—so the argument goes, there can be no disagreement between them. The basic premise for science and the Bible is that God has provided two sources of knowledge for human persons: nature and the Bible (VandenBerg, 2010). Scientists contend that the problem with General Revelation is not that data is interpreted incorrectly with regard to any particular scientific subject that is being studied, but the problem is that the author of the data is distorted (VandenBerg, 2010). A critical analysis of General Revelation calls into question what is being revealed. At first glance, â€Å"there is common understanding of what God is revealing about himself. However, the theological jury is still out deliberating a revelatory verdict† (Howard, D. , 2010). One point is agreed upon concerning General Revelation by those who embrace this Doctrine of Revelation is that knowledge about God is revealed concerning His existence and character (Howard, D. , 2010). â€Å"Agreement also exists that the knowledge revealed consists of particular attributes of God or a â€Å"broad outline of what He is like. The attributes of God that are considered to be revealed are those described in passages such as Psalm 19:1-6, Romans 1:18-32, and Acts 14:17. Psalm 19:1-8, according to Demarest, indicates that God â€Å"as Elohim—the eternal, omnipotent, wise, and good Creator and Sustainer of all that is—revealed via general revelation† (Howard, D. 2010). â€Å"Knowledge obtained from general revelation is not considered salvific in nature , because it lacks salvation knowledge. Knowledge disclosed in general is only about God as The Two Books – Page 4 Creator and other â€Å"general† divine attributes, not God as Redeemer and other salvific knowledge. There is no knowledge of redemption or the Redeemer given in general knowledge, because the precise purpose of general revelation is to declare â€Å"the glory of the Creator and give general guidance to the creature,† not to reveal Jesus Christ. Furthermore, humans do not obtain salvific knowledge from general revelation, they have true and accurate knowledge of God’s existence, his attributes, and moral law (Howard, D. , 2010). The task of discovering God is incomplete without Special Revelation (Scripture). The intertwining role of Special Revelation (Scripture) and General Revelation reveal â€Å"two different media that in different ways point to the same messenger—the divine Creator and Revealer. To the degree that the content of the message is the same—â€Å"God’s invisible qualities his eternal power and divine nature† (Romans 1:20)—the truth that both books speak the same language and point to the same God must be stressed. At the same time, the truth that natural theology has no saving capacity, that to know our sin and salvation we need the additional special revelation given in Scripture, must never be overlooked. The two Books are not in the first place about the Bible and science but about God and his relation to us as Creator and Redeemer in Jesus Christ† (Bolt, J. , 2011). Special Revelation can be categorized in the following way. â€Å"Theophany (God makes Himself known to the prophet while the prophet is awake and aware of such taking place; Visions (God makes Himself known (not physically) to the prophet who is awake and aware of what is taking place; Dreams (God makes Himself known to a prophet who is asleep); In His Son—Jesus Christ (Jesus is the ultimate manifestation of God given not just to the prophets, but The Two Books – Page 5 o all people. Jesus is also the perfect image of the invisible God and the object of all Special Revelation. All of Scripture, not just the Gospels, points to Jesus)† (Preacherwin, 2008). Without the Two Books, (General Revelation and Special Revelation), mankind would be deprived of the â€Å"intimate manifestation of Godâ₠¬â„¢s special Revelation to his people, revealing Christ and uniting in Christ all of these separate forms of Special Revelation. Scripture reveals Christ in his fullness for God’s people and thus, the completed canon of Scripture is given to us as the capstone upon which our faith is held together† (Preacherwin, 2008). References Apologetics. (2013). Explain general and special revelation using examples. Retrieved March 19, 2013 from http://www. apologeticsinfo. org/outlines/ Got Questions. (2013). What is general revelation and special revelation? Retrieved March 19, 2013 from http://www. gotquestions. org/general-special-revelation. tml Hill, A. E. Walton, J. H. (2009). A Survey Of The Old Testament. Grand Rapids, Michigan. Zondervan. Howard, D. (2010). A critical analysis of general revelation. Criswell Theological Review, 8(1), 53-75 Preacherwin’s. (2008). Forms of Special Revelation. Retrieved March 19, 2013 from http://preacherwin. wordpress. com/2008/04/21/forms-of-special-revelation/ VandenBerg, M. L. (2010). What General Revelation Does (and Does Not) Tell Us. Perspectives On Scie nce Christian Faith, 62 (1), 16-24 How to cite The Two Books, Coined by the Theologians, Papers

Mentoring Service

Questions: 1. Many organisations provide a professional mentoring service to their new graduates or employees. This can take the form of personal mentoring, where a senior employee mentors a new or junior member of staff. How do you think that you could benefit from having mentor during the initial years of your professional employment?2. Provide details of 2 activities that you are going to undertake as part of your professional career planning. These might include attending ACS events, subscribing to professional publications, gaining accreditation in specific technical areas, or any others that you would like to undertake. For each activity, describe how you believe that this will progress your professional career. Answers: 1. An essential step in a persons career is to establish a successful mentor relationship. It is beneficial for both the mentor and the mentee. It helps to identify, define and articulate common ideals and goals. Different mentors have different mentoring style. The mentee benefits from the mentor by gaining experience. Experience gained from the mentor helps to give the career an updraft. A good experienced mentor helps the mentee secure a job at a reputed company for a bigger role of responsibility. The mentor can help to understand the research of the student. A mentor can teach how to balance work and research or personal life, and deliver good productivity. A mentor provides words of wisdom. Negotiations in life are an important lesson that the mentor can teach his or her students (Woods and Preciado 2016). 2. Activities after completing master degree can help improving the chances of getting good job prospect. Technical skills can make a prospective student highly desirable for a company hiring employees. Computer training with a focus on programming language like C/ C++ programming, JAVA etc., makes a candidates resume attractive to the recruiters. Technical skills can help students gain an edge over others when applying for a job. Publications- A research by a student, which is considered for publication in good journals, shows the capability for extensive and productive research to the employers. Publications in the journals as well as working in a journal office as an Editor, writer or proofreaders helps to gain professional experience. These experiences can help to secure a better job with greater responsibility (Ali 2016). References Ali, S.A., 2016. Critical Thinking in the Information Age: Helping Students Find and Evaluate Scientific Information. Teaching Innovation Projects, 6(1), p.3. Woods, C.S. and Preciado, M., 2016. StudentMentor Relationships and Students' College Attitudes. Journal of Education for Students Placed at Risk (JESPAR), 21(2), pp.90-103.