The Model Of Economic Growth - 1346 Words

The authors have studied the Solow Model of economic growth, which assumes the neoclassic production function of decreasing returns to capital. Solow proposed the model while considers the rate of saving and population growth as exogenous and demonstrated that the countries reach the steady state level of income per capita. However, the classical Solow model is not able to explain cross-country variation in the standard of living. The Solow model predicts the effect of saving and population growth on economic growth qualitatively but not quantitatively .The authors have augmented the Solow model with accumulation of Human capital as well as physical capital. The authors have analyzed empirical data of year1965-1985 with the textbook Solow model augmented Solow Model for three different samples including Non-oil, Intermediate and OECD. The authors demonstrated that augmented Solow model is still valid to explain the international variation in income per capita. The authors advocate t he conditional convergence hypothesis, where per capita incomes of countries which have similar economic conditions converge to one another in the long-run independently of their initial condition. The authors propose that convergence cannot be expected in the Solow growth model because different countries reach different steady rates. Non-convergence can be attributed to the different steady rates of the countries which is determined by the accumulation of human and physical capital andShow MoreRelatedThe Growth Model And Economic Growth1072 Words   |  5 PagesEndogenous growth model, it clarifies long-run economic growth as radiating from economic activities that make new technological knowledge. Endogenous growth can be explained as long-run economic growth at a rate dictated by factors that are internal to the economic framework, especially those factors administering the opportunities and motivators to create technological knowl-edge. Over the long run, the pace of economic growth, as determined by the output per individual growth rate, reliesRead MoreThe Model Of Economic Growth1751 Words   |  8 Pages2009) with attention to the solow model and the AK model of economic growth. The differences and similarities in these growth models will be critically assessed with the use of empirical evidence to explain the real world economic growth patterns. The solow model is ‘a theory that analyses growth as being driven by exogenous technological change and the accumulation of factors of production’ (burdawyplosz 2013 p561). ‘The AK model is an endogenous growth model it explains the sustainable by exogenousRead MoreThe Economic Model Growth Of Energy1057 Words   |  5 PagesEnergy is one of the main drivers of economic and social development. Years ago, the only uncertainty was the price of oil. Now the concern is if the current economic model growth is reasonable in a world with limited energy resources. This has lead to more research in other forms of resources of energy. Now we have other unconventional resources such as wind, solar, geothermal, water, and so on. Energy demand is set to double by 2050 (Beckman, 2013). Therefore, greenhouse gases could double byRead MoreA Model Of Sustained Economic Growth1720 Words   |  7 Pagesintention is to develop a model where sustained economic growth is the product of the alternation of numerous agents and this literature will provide insights to reasons for variations in Gdp growth during the recessionary period(2008-2013) in Europe while investigating the optimising agents which had significant impact on Gdp growth rate. The Solow growth(1956) hypothesis looked for the determinants of sustainable economic development in per capita gross domestic product. The model recognized three principalRead MoreThe Theory Of Economic Growth Model2281 Words   |  10 Pagesnotice vast differences in average real incomes, countries’ growth records and in standards of living over times that affect living human welfare. Many model mechanisms have been used to study the worldwide growth and income differences across countries. A fundamental model that economist have used to study these issues is the Solow growth model. This essay concentrates on the analysis of this model. Firstly, the derivation of the model will be demonstrated including the need ed assumptions. ThenRead MoreThe Solow Swan Model : An Economic Model Of Long Run Economic Growth980 Words   |  4 PagesSolow-Swan model is an economic model of long-run economic growth in neoclassical economics. The model was developed by Robert Solow and Trevor Swan, independent of each other in 1956. This model is sometimes referred to as simply the Solow model, or the Neoclassical Growth model. The model focuses on four variables: output or GDP, capital, labor, and â€Å"knowledge†. The textbook Solow-Swan model is set in continuous time where there is no international or government trade. The Solow-Swan model is originallyRead MoreEconomic Growth and Standard Neoclassical Model Essay812 Words   |  4 Pagescross sectional data on growth across countries shows that countries grow at different rates. Many theories try to explain this phenomenon with emphasis with capital accumulation being one of them. I will start by developing the standard neoclassical growth model as developed by Solow(1956)[1]. I will then proceed to discuss the extensions that have been made to this basic model in an attempt to better understand actual growth figures, for e.g. the standard neoclassical model cannot explain the magnitudeRead MoreThe Model Of Economic Growth Based On Production Functions1339 Words   |  6 Pages2. The model of economic growth based on production functions (the Welfens/Jasinski model and its modifications). To show how FDI influence economic growth of a particular country a model proposed by P.Welfens and P.Jasinski is used. It is based on traditional production f unctions. In general the production functionsof Welfens and Jasinski describing the economic growth in the recipient country can bedefined by the following equation[61, p.254]: (1.9) where â€Å"Y† is an output (GDP or GNP); â€Å"K†Read MoreEconomic Growth Theories and Models, A section of a Research Paper1524 Words   |  6 PagesLiterature review Classical Theory of Economic Growth Harrod Domar Growth Model The Neoclassical growth Model Empirical literature 2.1 Theoretical Literature The long history of ideas on economic growth started from the classical economists like Adam Smith, Robert Malthus, Ricardo and Marx. For more than three decades the Neoclassical and the Endogenous Growth theories were arguing and forwarding economic reasons on trend of economic growth through investment as a general and private investmentRead MoreA Brief Note On The Growth Theory And The Dual Sector Model Of Economic Development Essay3646 Words   |  15 Pages ENDOGENOUS GROWTH THEORY BY MARTIN RIITHO MAINA KCA 14/02073 A Term Paper submitted to Prof. Joseph Ongeri in fulfilment Of the requirements for the course Advanced Macro-Economics, as credit towards the degree of Master of Science (Finance and Economics) KCA UNIVERSITY November, 2014 â€Æ' TABLE OF CONTENTS Page 1.0 Abstract.†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.†¦..3 1.1 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.........................................4 2.0 Literature review: Models†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦

Theoretical Perspectives in Education Essay - 1289 Words

Theories provide the foundation for educational practices, and many of them exist. While I consider my personal theory or philosophy of education to be one that is something of an ever-changing conglomerate of ideas, I realize that some of my guiding principals are directly attributed to well a well established theory. Three main theories of education exist: behavioral, constructivist, and cognitive. I find myself ideologically aligned most closely with the constructivist approach, yet for reasons to be explored later in this document, find the theory one that can only offer guidance for my actions as a teacher a portion of the time I am working with students. Constructivism means students don’t just absorb information and understand†¦show more content†¦Dewey and Vygotsky both believed that teachers should act as guides for students, helping students through the learning process to make meaning of their world, though Vygotsky with his zone of proximal development t heory was more optimistic than Piaget or Dewey about how much a child’s learning could be helped or encouraged by the social setting of peers and adults (Gallagher). The benefits of constructivism for teachers and learners, in an ideal setting include focusing on students allowing students the time and opportunity to investigate big ideas, and along the way helping them to understand concepts and skills, rather than just memorizing and regurgitating facts or ideas. Constructivism engages students’ natural curiosities to help them find answers to the questions inherent in their minds (Constructivism). Intrinsic motivation would be expected to be high when students are provided the freedom to choose their course of learning and given the time to investigate until questions are answered. The great challenge for constructivism is that the world in which students and teachers interact is not utopian. Students come to class with predetermined ideas about a course, or with personal needs that distract from attention from the classroom experience. Some students are not willing or able to interact with peers due to emotional issues, thusShow MoreRelatedEssay on Theoretical Perspective on Education2216 Words   |  9 PagesTheoretical perspective on education Gender and education: From a sociological viewpoint, refers to the thought that the educational structure does not offer females the equal sort of opportunities for upward mobility, the same as it does for males. This is a form of sex inequity being applied in the education system affect women both for the duration of and after their educational practices Social stratification Theory First of all it is important to understand that in the whole worldRead MoreExample Of The Three Theoretical Perspectives Of Sociology1044 Words   |  5 Pages Theoretical Perspectives in Sociology Nanesha Greathouse HCC Abstract This paper describes the three major theoretical perspectives in Sociology: symbolic interactionism, functionalism and conflict theory. Sociologists developed these theoretical perspectives to help explain the way individuals conduct themselves and to help us to gain a better understanding of the world around us. Throughout this paper, the reader will learn about each perspective and its origin as well as additionalRead MoreMarxism and Health Care1239 Words   |  5 Pagesdoes one theoretical perspective discussed in chapter two contribute to a deeper sociological understanding of health and health care? For many years sociological approaches towards health were not adequately utilised as a means of gaining an enriched understanding of concurrent physical and social issues relating to health care. The application of theoretical perspectives in reference to health emerged during the 1950’s and was commonly perceived as being empirical rather then theoretical in natureRead MoreThe Theoretical Concepts Of Culture Shock And Adaptation1225 Words   |  5 PagesZhou, Yuefeng, Divya Jindal-Snape, Keith Topping and John Todman, 2008, Theoretical models of culture shock and adaptation in international students in higher education, Studies in Higher Education, Vol.33, No.1, February, 63-75 　　　　The purpose of Zhou et al.’ study was to review the theoretical concepts of culture shock and adaptation, as applied to the pedagogical adaptation of students sojourners in a new culture. More specifically, this article conducted a review the development of theoriesRead MoreIntro to Sociology Essay664 Words   |  3 Pagespatterns of behavior, such as the meaning of nonverbal behavior. | |G |This social theorist argued that race and discrimination are significant factors in how society is organized. | |L |This theoretical perspective argues that society is organized by gender inequality. It focuses on the unequal position of women in| | |society and argues that women and men should be treated equally. Read MoreSociological Perspectives Paper834 Words   |  4 PagesSOC/100 January 3, 2012 Sociological Perspectives Paper Introduction to video and clarification of the applied theoretical perspective. The video of School girl attacks identifies an attack on school girls in Kandahar, Afghanistan. Zahira, who is a 13-year-old, is interviewed by NBC told her story about the attack. Zahira, who always showed excitement about attending school, lost her joy after the attack on her and five other girls. The attack took place during the girls walk fromRead MoreThe Diverse Nature Of Psychology1183 Words   |  5 Pagesin the American Psychological association which currently lists 54 different subdisciplines of psychology (APA, 2014). Therefore, a person with an interest in psychology has several options to choose from. Psychologists now have personal theoretical perspectives which can be applied to various aspects of life outside of psychology. The Influence of Diversity on Psychology’s Major Concepts Psychology is a diverse field because of how many subdisciplines there are and also how two completely differentRead More The Examination of the Residential School System in Canada Essay932 Words   |  4 PagesEducation is an essential aspect in our ever-changing societies. It is used as a means of transmitting concepts, knowledge, and values, often to younger generations (Ravelli Webber, 2010). Education and schooling differ in all societies, varying based on the methods of teaching of different cultural groups. For instance, Canadian Aboriginal people were taught based on the needs of their individual families and class. This greatly differed from the European system of education, which stressed adequateRead MoreIn Baccalaureate Pre-Licensure Nursing Students In Nursing Literature Review1273 Words   |  6 Pagesprepared to perform these same skills and proficiencies in real world scenarios. These recommendations are directly attributed to the Institute of Medicine’s F uture of Nursing (IOM) report that, in 2010, set forth an ambitious plan to use the nursing education system as the means of not only increasing competencies in critical thinking, clinical judgment and technical skills, but also to elevate the standards of professional nursing through leadership in the comprehensive process of reevaluating and redesigningRead MoreGender Stratification : The Classification Of People Based On Their Biological Features984 Words   |  4 PagesStates, the main consequence of gender stratification is economic and social inequality between men and women. Men and women in the United States are not equal economically. Men make more money than women who have similar levels of education or work experience, due to gender stratification. For example, women are often steered into careers like teaching and nursing that are well-paid, prestigious but less male dominated careers. Gender stratification leads to more inequality

Cell Phone Use in Schools Free Essays

Cell Phone Use in Schools. With all the innovation in the last decade, cell phones have become apart of daily life for people all over the world between using cell phones to contacts family and friends to playing a little game of bejeweled. But what many schools are considering, is allowing the use of cell phones in schools. We will write a custom essay sample on Cell Phone Use in Schools or any similar topic only for you Order Now Cell phones can offer as a learning tool to students. Also, cell phone use in class brings some harm to the classroom. In addition, Policies about cellular devices have altered in schools across the U. S. A critical issue affecting many is allowing or banning cell phone use among students. Cell phones offer as an easy, accessible learning tool that most students already have. Besides a convenient tool for students, cell phones make it easier on teachers. Teachers can create a class blog for students to communicate or debate on issues from class (Rogers). This class blog gives them the ability to constantly have access to talk to their classmates via web from home, the classroom, and potentially anywhere (Rogers). The teacher can monitor the class blog at her convenience as well, not just in a classroom setting (Rogers). Also, way a cell phone may be used in a classroom setting as a research tool. Students can search for background information on subjects. Rather than looking for words in a dictionary or spending time in the library looking for that book, all the information a student could possibly need is at the tip of his/her fingertips. Lastly, teachers and administrators can set up polls using websites like wiffiti. om or polleverywhere. com enable students to answer polls anytime, anywhere (Engel and Green). Teachers and administrators can set up polls for a class, a certain grade, or something that involves the entire school. Now it’s easier for students to be involved with issues on campus and have on say about the decisions or changes being made about their school (Engel and Green). Overall, the endless benefits of cell phone use for students will provides unlimited learning tools. Throughout the U. S. many schools have cell phone policies specific to their high school but many schools are changing the policies. Many schools across the board have become more lenient in allowing cell phone for students in the classroom or on campus. At Dickison High School, like many other high schools, their policy has been lifted and allows students to use phones during lunch (Wishmayer). Lifting the policy was intended to give the high schoolers enough freedom so less texting and calling would take place during class (Wishmayer). Although cell phones include disadvantages such as being a distraction to students or being used to cheat on assignments, with the help of schoolteachers and administrators, strategies of preventing abuse of cell phones can be enforced among students. One solution to cell phones abuse is making the phones visible to the teachers (Ferriter). Most teachers and professors worry about sneaky students texting answers to other students. William Ferriter says his solution is, â€Å"†¦require students to place their cell phones on the top right-hand corner of their desks when they come into class. That way you will know if someone is texting or calling a friend when they’re supposed to be learning. † Secondly, teachers should holds kids accountable and force them to act responsible (Ferriter). Talking about responsibility and accountability will not get to the rebel sitting in the back corner or kid that attends class once every two weeks but some of the kids will be understanding and aware of the choices they are making. Using threats of banning cell phones is not the right approach and will probably be ignored anyways. Lastly, unless school policies state otherwise, if a student is not using his or her cell phone appropriately, the teacher may confiscate the phone until the end of the class period or even day. For violating dress code, students receive punishments of some sort. If breaking the rules of dress code has a punishment, cell phone policies should be able to have punishments for cell phone abuse. With all the advanced in the last few years, cell phones have become a major apart of every day life for people across the United States. Firstly, cell phones may provide as a learning tool with the endless resources. On the other hand, cellular telephones can distract students and could be used as a way of cheating. In addition, policies about cellular devices have altered in schools across the U. S. Lastly, there’s ways to prevent abuse of cell phones with help and support of faculty. In order to make a decision in being for or against cell phones, schools must weigh the benefits and harms of cell use of students and find a solution with the best interest of the school. How to cite Cell Phone Use in Schools, Papers

Agriculture and Food Production in the Old Kingdom Essay Example For Students

Agriculture and Food Production in the Old Kingdom Essay ; The Livelihood of a Civilization I.Introduction Agriculture and food production are quite literally the skills that feed a civilization. Old Kingdom Egypt excelled in this area. Egypts high success in agriculture was due to many things, ranging from a near constant climate, to the Nile and its annual inundations causing the land to be inexhaustible, to Egypts vast amount of other natural resources. This paper will only give a general overview of the more popular resources yielded by agriculture and food production in Old Kingdom Egypt. The Nile is of particular importance, as it was the source of life in Egypt. Egypts crop fields are the product of the fertile kamat soil. Egypts primary concern was on cereal crops thats yields had various functions. Egypts marshlands provided Egypt with plants that could provide oil as well as building materials. It was also a source of a wide range of species of fish. Animal husbandry was particularly important in Old Kingdom Egypt, especially when dealing with cows. Cattle were a source of milk, of meat, and of prize animals. Both practically and religiously functional, the cow had a special place in Old Kingdom Culture. As previously stated, one cannot look at agriculture in Egypt without first examining the source of life, the Nile River. II.The Nile The Nile waters made farming and food production possible in Egypt. These waters provided the minerals, humidity, and irrigation that the Egyptians needed to grow their fields, as well as the drinking water necessary for animals. Literally speaking, the Nile made life possible in Egypt. The Nile tended to follow a constant cycle of flooding and receding. This pattern was particularly important for Egyptian agriculture. II.A) Inundation Inundation was a process pivotal to the success of an Egyptians field crop. Inundation was the annual flooding of the Nile. It was caused by rainfall in Central Africa and melting snow in the Ethiopian highlands. The Inundation could be both a harbinger of wealth or death. If the inundation was too low, there was famine, if the inundation was too high, there was destruction of land and property. An inundation of seven to eight metres was the ideal. The inundation was very important because it was the vehicle which brought minerals, and thus fertility to the Egyptian soil. As the waters gathered and grew high, more minerals would be picked up. As the waters flooded onto the lands, the minerals would settle on the bottom, and when the water withdrew, the minerals would be left behind. The area that was rich with these minerals was referred to as kemet. Agriculture depended on the inundation in order to be a success. Inundation governed the seasons of agriculture. There were essentially three seasons, there was inundation which begin in July with the slow rising of water levels and ran through October, going down of inundation, which started in November as the water levels were falling and lasted until February, and drought which happened in March when water levels were the lowest. Inundation also regulated the taxes in Old Kingdom Egypt. Government officials would keep watch up the level of water in order to determine the amount of applicable taxes, one of the ways to do this was through the use of Nilometers. Nilometers were a form of a well that was used to measure the height of the water. These contraptions could also be used to predict the beginning of the inundation. The Niles flooding did not always reach land that was being cultivated; likewise, towns and villages did not want to partake in this deluge. As a result, a form of irrigation had to be developed to control and utilize the waters of the Nile. The Nile was such a regular river that it influenced the Egyptians concept of stability, truth, order, justice, all that is good in the world maat. .ue87cda57e319b63ab6227c73925db522 , .ue87cda57e319b63ab6227c73925db522 .postImageUrl , .ue87cda57e319b63ab6227c73925db522 .centered-text-area { min-height: 80px; position: relative; } .ue87cda57e319b63ab6227c73925db522 , .ue87cda57e319b63ab6227c73925db522:hover , .ue87cda57e319b63ab6227c73925db522:visited , .ue87cda57e319b63ab6227c73925db522:active { border:0!important; } .ue87cda57e319b63ab6227c73925db522 .clearfix:after { content: ""; display: table; clear: both; } .ue87cda57e319b63ab6227c73925db522 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ue87cda57e319b63ab6227c73925db522:active , .ue87cda57e319b63ab6227c73925db522:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ue87cda57e319b63ab6227c73925db522 .centered-text-area { width: 100%; position: relative ; } .ue87cda57e319b63ab6227c73925db522 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ue87cda57e319b63ab6227c73925db522 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ue87cda57e319b63ab6227c73925db522 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ue87cda57e319b63ab6227c73925db522:hover .ctaButton { background-color: #34495E!important; } .ue87cda57e319b63ab6227c73925db522 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ue87cda57e319b63ab6227c73925db522 .ue87cda57e319b63ab6227c73925db522-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ue87cda57e319b63ab6227c73925db522:after { content: ""; display: block; clear: both; } READ: Dar Stamp Act Essay The Nile was the source of life in such a harsh land. Without the Nile, life would not have been possible within Egypt. II.B) Irrigation Irrigation was utilized in the Old Kingdom for various functions, from blocking flood waters to utilizing the waters. There were three main forms of irrigation techniques used: The first was the building dykes .