For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen. You can use an article online or offline from any reputable source. You will write up a review of the article and integrate course concepts into your review. Please make sure you both summarize the article and discuss how it relates to the course.
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Write a minimum 750-word (without the cover page)reflective journal entry on this assigned article in Microsoft Word using the advice provided by Elizabeth Powell in her article “Writing to Reflect: Mindful Leadership in the Face of Change”
Note:
** make sure to discuss and reflect on key points of the documents **
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Define aggregate demand and expenditures in your own words.
How are aggregate demand and aggregate expenditures related?
Classmate 1
Aggregate demand (AD) is the summation of demand for all finished goods and services along all price points. Aggregate expenditure (AE) is the summation of all spending levels for the aforementioned goods and services. AE combines the spending of the consumption function ( C ), investments ( I ), government spending ( G ), and net exports (X – M). Equilibrium is said to have been reached when “the total value of goods and services produced [real GDP (Y)] is precisely equal to the total spending for these goods and services [aggregate expenditures (AE)]” (Tucker, 2019, p. 509).
Aggregate demand and aggregate expenditure appear to be related. We find that as income increases (or decreases), our marginal propensity to consume increases (or decreases), and thus the consumption function increases (or decreases). The consumption function is one of the primary elements in calculating the aggregate expenditure. Its increase or decrease has a direct effect on spending levels for goods and services. When AE is below equilibrium, it is in a state of inventory depletion, in which businesses must hire more workers to increase capacity and output. Above equilibrium, there is an excess of inventory accumulated, which causes businesses to slow production and possibly reduce labor. Tucker notes that “any initial change in spending by the government, households, firms, or foreigners creates a chain reaction of further spending, which causes a greater cumulative change in aggregate expenditures and real GDP” (p. 515).
Classmate 2
Both aggregate demand and expenditure play a key role in measuring economic strength and outlook for a country. There are some key differences between the two but also some synergies. I would define aggregate demand as the sum or total spending of all goods and services in a period of time at a given price. This consists of all consumer goods, capital goods (factories and equipment), exports, imports, and government spending programs. The variables are all considered equal as long as they trade at the same market value. Aggregate demand may also be defined as a schedule or curve that shows the total quantity of goods and services demanded at different price levels. I would define aggregate expenditure as the sum of all expenditures made in an economy on consumption, gross investment, government purchases and net exports. It’s important to note that this represents the current value. Some other key takeaways for aggregate expenditure include:
The aggregate expenditure is one of the methods that is used to calculate the total sum of all the economic activities in an economy, also known as the gross domestic product ( GDP ).
When there is excess supply over the expenditure, there is a reduction in either the prices or the quantity of the output which reduces the total output (GDP) of the economy.
When there is an excess of expenditure over supply, there is excess demand which leads to an increase in prices or output (higher GDP).
Now for the relationship between aggregate demand and expenditure, the change in aggregate output demanded depends on how much the aggregate expenditure line shifts, not on which spending component causes the shift. Aggregate expenditure line is relationship tracing, for a given price level, spending at each level of income, or real GDP; the total of C + I + G + (X-M) at each level of income, or real GDP
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Part I: Photography For this part of the assignment, select a current news article from AP News (you may use their website or an article from the World News section of your newspaper) that contains at least one photograph that is cited with the photographer’s name. Read the article, and then download the photograph or photographs (or take a photo if it is from a newspaper). Then, research background information about the photographer using the CSU Online Library or another reputable source. In your essay, include a copy of the photo or photos, give a summary of the article and photographer’s background information, and explain how the photograph or photographs helped explain or support the news story. You can also write about what other photographs could have helped explain the story better or are lacking from the story.
Part II: Video For this part of the assignment, select a current news article from AP News (or another reputable news source) that features a video. Research the issue or event featured in the video. In your submission, provide a link to the video, give a summary of the article, and explain how the video helped explain or support the news story. Include what other footage could have helped explain the story better or are lacking from the story.Your submission must have a minimum of 2 pages of writing. Adhere to APA Style when creating citations and references for this assignment. APA formatting, however, it is not necessary.
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1. For this assignment, you will create a collage either by hand or digitally, using PowerPoint or another application you are comfortable using. For inspiration for your collage, please read the unit lesson and look at the reading in your textbook. Please incorporate at least five different visual items, whether it be photographs, text, or your own drawing or work into one collage.Use the Unit V Project: Collage Worksheet to share a picture of your collage and to answer questions about it.
2. Artists frequently juxtapose unlike images or textures next to each other through collage to create a new meaning. Find a collage in real life or online, and describe how new meaning is created through the juxtaposition of the images. How do the various source materials inform the meaning of the work?
Please be sure to include a picture of the collage you are looking at, and any identifying information you can: artist, title, etc. You may not use your own collage for this assignment.
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For this assignment, select five objects from your home that have graphic design elements on them. For example, you could select five food products, five consumer product packages, or five articles of clothing with different branding on them. Take a photograph of the five objects, and answer the following questions. Please write in complete sentences.
Insert the photograph of the five objects.
How is the graphic design similar on the five objects?
How is the graphic design different on the five objects?
Select the object with your favorite design, and answer the following questions:
Select the object with your least favorite design, and answer the following questions.
Your response must be at least two pages in length. APA Style will not be required for this assignment.
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Review recently published (within the past five years) peer-reviewed scholarly articles located in the AMU/APUS University’s online library databases. Discuss a criminal justice, intelligence studies, international relations or security management topic requesting instructor approval of the topic you would like for your research proposal (term project) paper. In doing so, please remember for this class you are selecting a topic NOT for writing a research paper about, but rather for writing a proposal to do actual hands-on research using scientific research methodology. In your discussion post discuss what you have identified in the current peer-reviewed literature located in the APUS Library databases on a topic you wish to research. Briefly discuss the literature and express what still needs to be researched or requires further research on the topic you would like to address in your research proposal. In other words, did the authors of the studies already done on this topic you reviewed call for further research on the topic or something to do with the topic? Then again, perhaps you identified a problem that still needs to be researched on the topic where the current literature is lacking. If so, discuss what it is and how it pertains to the topic and why it needs to be researched and who would benefit from the research. After doing so, you are to provide a ‘Working Title’ for your Research Proposal, as discussed in this week’s lesson. Understanding this may change as your Research Proposal develops during the course.
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Writing homework on Kimpton Hotel Group Management. Write a 1000 word paper answering; The hotel had a desire of taking efforts of being environmentally friendly at higher heights. Such a move was appropriate while considering the rising numbers of high-quality products in the market, which helped to manage the environment. For this case, the hotel ventured into launching a nationwide campaign to go green without losing its customers. The firm had the challenge of balancing its corporate strategies with environmental management plans (Slye, 2015).
The Case
The hotel needed personnel, who could engineer the delivery of excellent and trendy hotel experiences and at the same time, reduce the hotel’s ecological footprints. The hotel chose Business Evolution Consulting as the project manager and the latter firm helped to formulate a plan called the Kimpton EarthCare (Slye 2015). The program so far has remarkable benefits to both the hotel group’s management and customer experience. Planning the project occurred in three phases, the first of which was of remarkable success. The remaining two faces of the project are yet to be completed. They include a recycling project and replacement of the hotel equipment including fabrics with organic materials. The two latter projects faced objection from a section of stakeholders.
Should The Hotel Group Consider Implementation Of Second and Third Projects?
In ensuring proper and reasonable arguments on the returns from investing in the two projects, there is a need for a review of fundamental lessons from the first project. The first lesson for stakeholders is the fact that the firm has a desire for excellence and the creation of a difference in approach to balance between corporate strategies and management of the environment. For such a case, it is justified all stakeholders in the corporation should consider that there has already been a past success (Silverman & Thomas, 2006).
Success is because the company put the project as a part of its vision. There is a generalized ideology for the advocacy for environmental care among the business across the globe
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ECON 3392 – Assignment 1 Total points: 5 1. (3 points) Using Excel and data from the Angus Maddison Project 1, complete the following: (a) Plot the evolution of GDP per capita of Canada, the USA and a third country of your choosing, from the earliest possible year until 2016. Briefly comment on these time series. (b) Using these three countries, create a scatter plot, with GDP per capita in 1950 on the horizontal axis, and the growth rate of GDP per capita between 1950 and 2016 on the vertical axis. Did these countries converge in this period? (c) Create the same scatter plot but using all countries in the database. Was there convergence in this period? What about for a subsample of countries? (d) Why does economist expect income convergence between developed and dev eloping countries? Based on your findings of question c, why some countries able to convergence but others could not? What’s factors would you look for explanation? 2. (2 points) Read Article 2 to answer question 5 and 6: Acemoglu, Daron, Francisco Gallego, and James A Robinson. 2014. Institutions, Human Capital and Development, Annual Reviews of Economics 6: 875 -912. (a) “Colonial experiences provide better human capital of developing countries” do you agree? Provide your explanation after reading article 2. (Word limit 250). (b) Summarize the relationship among institutions, human capital accumulation, and long -run economic development. (Word limit 300). 1 Link: https:// www.rug.nl/ggdc/historicaldevelopment/maddison/releases/maddison -project -database -2018
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