Essay about Eco/365 Supply and Demand - 863 Words

Supply and Demand ECO/365 Supply and Demand The economy is run by the concept of supply and demand. The simulation provided a practical learning experience that brings together the concept of micro and macro economics. I will try to summarize my findings and the inner workings of the concept of supply and demand that the simulation offered. Economics is defined as â€Å"the study of how human beings coordinate their wants and desires, given the decision-making mechanisms, social customs, and political realities of society† (Colander, D.C., 2010). In other words, economics focuses mainly on three aspects and those are: what are we going to produce, and how much of it are we going to produce, in what way are we going to†¦show more content†¦Whereas if they paid a higher rent in Atlantis to Goodlife they would have a shorter commute and more time for the things they enjoyed. Then there is in macroeconomics what is considered the invisible hand a silent force if you will. Goodlife could do one of two things it could lower its prices to entice customers to rent its vacancies as opposed to renting outside Atlantis. Or, if Goodlife were renting their apartments then they could raise their price because there were fewer to rent from in the city. This is known as the invisible hand theory that â€Å"gives more power to the supplier of something that is in short supply† (Colander, D.C., 2010). This theory says that I there is less apartments and more interested customers that Goodlife could raise its prices because of the demand for them. Goodlife needed to have a 15% vacancy in the simulation, and this would represent a shift in the demand curve. For Goodlife to do this it had to lower its apartment rental prices, and thereby increasing the demand for apartments. On the other hand, Goodlife was able to supply more apartments when it raised its prices to cover maintenance fees by charging $1,550 a month. The housing market in my area of Texas has continued to drop because o f such a large supply of housing. The demand for housing is at a current low. Once customers start to purchase homes in the area prices will stay the same and prices will steadily increase as the supply lessens. InShow MoreRelatedSupply Demand Paper Eco/3651105 Words   |  5 PagesSupply and Demand Simulation University of Phoenix May 9, 2013 ECO/365 - Principles of Microeconomics The Supply and Demand Simulation consist of microeconomics and macroeconomics concepts. The concepts are explained and how they apply to the principle of microeconomics and macroeconomics. The simulations presents shifts in the supply and demand curve, the rationale for the shift is given. Each shift is analyzed showing the effects of the equilibrium price, quantity, and decision makingRead MoreEco 365 Supply Demand Paper1082 Words   |  5 PagesSupply amp; Demand Simulation Erica Bradford ECO/365 June 19, 2013 Jeremy Alessandro Supply amp; Demand Simulation Goodlife Management is the sole provider of apartments available for rent in the city of Atlantis in which the supply and demand simulation provided by UPOX takes place. The simulation provides excellent, real-life examples of how the supply and demand curves may shift based upon various factors that occur within the market in Atlantis. The following details such examples asRead MoreEco 365 Supply and Demand Simulation Essay855 Words   |  4 PagesSupply and Demand Simulation ECO/365 November 26, 2012 The purpose of this paper is to discuss the Supply and Demand simulation from the student website. The idea is to identify two microeconomic and two macroeconomic principles present in the simulation and to explain why these principles are categorized as macro or microeconomic. The paper will also determine one shift of the supply curve and one shift of the demand curve from the simulation, as well as why theseRead MoreSupply and Demand Simulation983 Words   |  4 Pages   ECO365 Supply and Demand Simulation Student Name ECO/365 – Principles of Microeconomics Instructor Name Date Introduction Supply and Demand is a phrase that every one hears in one way or another, Supply and demand phrase according to Colander, (2010) is the most used phrase by economist and the reason is because the phrase provides a good â€Å"off-the-cuff† answer for many question that have to do with economy. Example why are interest rates to Low? Because supply and demand. Why is GasolineRead MoreEco/365 Essay example628 Words   |  3 PagesSupply and Demand simulation LaKeith A. Atkins Sr. ECO/365 February 28, 2013 Watson Ragin Supply and Demand simulation †¢ Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic. Supply and demand was affected by decreasing the rent to lower the vacancy percentage and maximize revenue for the company. This process is considered a temporary fix on a month-to-monthRead MoreMicroeconomics and the Laws of Supply and Demand Essay703 Words   |  3 Pagesï » ¿ Microeconomics and the Laws of Supply and Demand ECO/365 Principles of Microeconomics August 18, 2014 Sam Pirnazar Microeconomics and the Laws of Supply and Demand Abstract The objective of the laws and the supply and demand simulation is to apply the supply and demand concepts to provide a better understanding on how to use the curves in order to figure out the equilibrium in the market for leasing two bedroom apartments. The simulationRead MoreEco365 Supply and Demand Simulation Paper761 Words   |  4 PagesSupply and Demand Simulation ECO/365 Supply and Demand Simulation In the University of Phoenix simulation (2003), students are taken through the supply and demand of two-bedroom apartments in a city called Atlantis. The simulation itself is used as a tool to learn about the demand and supply curves as well as equilibrium. Other key learning points are the factors that affect supply and demand, the effect that a price ceiling has on the quantity demanded and the quantity supplied. ThroughoutRead MoreSupply and Demand719 Words   |  3 PagesSupply and Demand Simulation ECO/365 Rex Draughn November 19, 2013 Microeconomics is â€Å"the analysis of the decisions made by individuals and groups, the factors that affect those decisions, and how those decisions effect others.† Microeconomic decisionsRead MoreSupply and Demand Simulation Paper886 Words   |  4 PagesSupply and Demand Simulation Paper ECO/365 Week 2 Individual Assignment February 25, 2013 Supply and Demand The analysis will identify two microeconomics and two macroeconomics principles or concepts from the simulation, and explain why each principle or concept is in the category of macroeconomics or microeconomics. The analysis will identify at least one shift of the supply curve, and one shift of the demand curve from the simulation and what causes the shifts. The analysis will showRead MoreEssay about Eco 365 Week 1692 Words   |  3 PagesArticle analysis: Pump Prices and Oil Prices: A Tale of Two Different Directions By Ernest Guillen University of Phoenix ECO/365 Ver.4 Principles of Microeconomics Instructor: Dr. Christina Espinoza-Alguera Abstract: The following article is regarding what is most important to everyone around us regarding the pricing for gasoline at the pumps. This is a topic that concerns most people on this planet, why are the prices for gasoline so high and is it regarding the greed of

The City Of Camden, New Jersey - 1622 Words

The city of Camden, New Jersey has been known as one of the greatest Industrial Powerhouses, and was one of the biggest Industrialization in America. Camden created some of the nation s largest warships and helped start up the railroad industry. (City of Camden; Industrialization) These are just a couple of the many things that made Camden one of the most thriving cities in the United States back in the day. But, all things must come to an end as the saying goes, Camden that once was a successful industrial thriving city is now one of the worst areas to live in America today. Camden is ranked second on the list in the United States as one of the worst cities to live in. Camden has a violent crime rate of 87.02% and you have 1 in 11 chances of being a victim. Camden has been plagued by so many problems it is now known for its violence, drugs a failing economy, and many more. So, where did Camden go wrong? Will it ever be the city it once was again? As we all know, Camden today is pla gued by many problems including gun violence, poverty, robberies, and other crimes such as arsons, assaults, rapes, homicides, and auto thefts. Statics show and prove that Camden New Jersey is one of the top most dangerous places to live in the United States in the world today. You re probably thinking to yourself of how many annual crimes there is a year in the city of Camden. Camden has a total of 4,431 crimes per year, which is a humongous about. With having a crime rate of 87 per oneShow MoreRelatedThe Capitalist Driven Society Of The United States1569 Words   |  7 PagesCentral Appalachian region of Kentucky and the population in Camden, New Jersey through the lens of two 20/20 segments reported by Diane Sawyer: â€Å"Waiting on the World to Change† and â€Å"A Hidden America: Children of the Mountains†. This essay will examine the interplay between economic life and family structure in these regions, and how this interplay shapes individual behavior. In the early 20th century, both the Appalachian region and Camden were financially prosperous. Large-scale logging and coalRead MoreEqualization of Local, County, and State Funding Systems1339 Words   |  6 Pagesschool students can only lead to 1st graders that are under prepared, overworked teachers, and lower high school graduate percentages for the state of New Jersey. Senator Donald Norcross, in the essay I urge you to consider an alternative sources for generating tax dollars in order to create a more equalized school district for Camden, New Jersey and avoid these cuts. An Equitable and Adequate Tax System. While there is no universal definition of what equitable school funding should look likeRead MoreLetter Sample Essay1696 Words   |  7 PagesCharities of Southern New Jersey, and Cooper Health System, would like to thank you for your consideration to receive funding for a partnership in the City of Camden to help the community rebuild. This letter of intent has been submitted for your review. Overview Center for Family Services as a long history of serving the citizens of Camden, NJ. This agency was originally founded in 1920, and is committed to helping individuals and families with many diverse programs serving not only Camden, NJ, but alsoRead MoreCamden New Jersey Case Report988 Words   |  4 Pagesor Fallujah after the firing stopped,† states, NBC News Reporter Brian Williams. The neighborhoods and buildings appeared to be third world, like a war zone occurred there. Broken windows, trash laden streets, drug transactions taking place right in front of the police, even during mid-day. Camden New Jersey is now reported as the most dangerous city in America, taking over for Chicago which has recently had a crime reduction. On average Camden is faced with a homicide occurring roughly, every 33Read MoreCamden Crime Rate And Crime Rates915 Words   |  4 PagesAfter reading the article, there are three main points that we should discuss revolving around Camden crime rate. Camden is known for having the leading part one offenses which is murder topping off the charts compared to other New Jersey cities. The first point, that will be reviewed is the high crime rates that have been displayed in Camden for numerous years which has lead there chief to believe in the philosophy of community policing. Secondly, not all residents have seen the decrease of crimeRead MoreNew Jersey Drug Task Force Officers959 Words   |  4 PagesIn 2009, news broke announcing the indictment of five Camden, New Jersey Drug Task Force police officers that operated in South Camden, New Jersey’s deteriorated neighborhoods. Specifically, the officers were alleged to have stolen money and drugs from dealers and used the funds and drugs to pay informants and plant evidence to stiffen charges against suspects. Moreover, these officers falsified police reports, paid for false witness testimony and used some of the stolen cash for personal use. Read MoreNew Jersey State On Use Of Excessive Force And Professional Standards Essay1655 Words   |  7 PagesNew Jersey State on Use of Excessive Force and Professional Standards There are several laws governing police misconduct as well as current laws pending. According to the State of New Jersey’s Internal Affairs Policy and Procedures enacted into law in 1978, agencies have a duty to monitor the behavior of their police officers for incidents of misconduct. When officers are found to have engaged in misconduct, agencies have an affirmative duty to correct the behavior. The courts have with increasingRead More`` America The Beautiful, But Who Are You Beautiful For?1726 Words   |  7 Pagesvisit public school system in the poorest cities across the states. The chapters in this book are broken down by geographical location beginning with life in East St. Louis and ending with life in San Antonio, all while paying much regard to public school in Michigan, New York, New Jersey, and Washington D.C. Savage meaning; uncontrolled, cruel, and ruthless†¦ inequalities meaning; lack of equality. The main argument presented in Kozol’s writing is, inner-city youth and their access to public schoolRead MoreThe New Jersey Drug Task Force Police853 Words   |  4 PagesIn 2009, news broke that five Camden New Jersey Drug Task Force police officers operating in South Camden, NJ were indicted on police corruption. Specifically, the officers were alleged to have stolen money and drugs from dealers and used the funds and drugs to pay informants and plant evidence to stiffen charges against suspects. Moreover, these officers falsified police reports, paid for false witness testimony and used some of the stolen cash for personal use. South Camden, NJ has been strugglingRead MoreEquality in Opportunity and Equality in Outcome Essay856 Words   |  4 PagesAccording to their math, equality of opportunity equals equality of outcome, and if it doesnt, rig the formula so it does. I read a couple of articles in nj.com recently. In one, a Rutgers-Camden professor of Public Policy published a study that found that more poor people were being concentrated in small to mid-size cities today compared to ten years ago. OK, the economy collapsed and the housing market tanked: poor people always lived in crappy neighborhoods with other poor people, and rich people live

Emile Durkeim, rational choice theory, Sykes and Matza Free Essays

Chelsea Tirado Professor Lay Intro To Criminal Justice 4:30-5:45 1. Emile Durkeim believed that deviance and or crime was a normal thing to do. He believed it to be a second nature. We will write a custom essay sample on Emile Durkeim, rational choice theory, Sykes and Matza or any similar topic only for you Order Now According to the textbook, he first noted that all human societies have crime, even if there is differences in terms of what acts are criminalized. He also saw that crime would not occur only if every single being in society agreed not to commit a bad act. This would not work because of all the human diversity in the world. Kai Erickson believes that deviant acts are considered along a norm that was violated. One function of deviance is to maintain control in socities. According to the textbook, Erickson states that each deviant act, the community has an opportunity to reflect on deviance and decide whether the boundaries of acceptable behavior should be strengthened, kept the same, or relaxed. Erickson and Durkheim’s views are both similar and different. Erickson’s view has more of a psychology base, meanwhile Durkheim’s view is a bit more straightforward. 2. According to the textbook, the rational choice theory is defined as an explanation for crime suggesting that offenders use a strategic thinking process to valuate the potential rewards and risks from committing a crime and make their decision accordingly about whether or not to commit the crime. It is a modern version of classical criminology using free will as a philosophical base. In shorter words, when a criminal commits a crime, they have a decision process that goes through their head of both how to commit the crime, and the consequences if caught. When a criminal goes through the rational choice, they may also be deterred from committing the crime all together. According to the textbook, the routine activities theory is defined as a theory that views crime and victimization as a unction of peoples everyday behavior, habits, lifestyle, living conditions, and social interactions. This theory suggests that crime occurs when three elements converge† a motivated offender, a suitable target, and a lack of capable guardians. In shorter words, the routine activities theory explains that offenders are pretty much set in their ways. These two theories are both alike, but mostly different. The rational choice theory suggests that a criminal goes through more of a thinking process as opposed to the routine activities theory that suggests that crime and victimization is a part of behavior. 4. Gresham Sykes and David Matza have a technique that is practiced with neutralization. Offenders learn to ignore social values and morals which in turn they commit a crime. Sykes and Matza came up with five techniques that may neutralize norms, and social values. The first one is denial of responsibility. According to this technique, criminals will tend to defer the fault from themselves. The second one is the denial of injury. The denial of injury is when a criminal will reason that the victim wasn’t greatly harmed so it shouldn’t be a big deal. The third one is denial of the victim. This means that even though the criminal accepts guilt for ondemnation of the condemners. Condemnation of the condemners means that a criminal will reason with themselves that most people do the illegal act. The criminal’s reasoning would be, â€Å"But everyone does it! † The fifth one is appeal to higher loyalties. This means that the offender was inflicted with a decision between violating the law and violating a trust. For example, this means that a family member, or friend may have requested that the criminal drives drunk to them because they need a ride home. Instead of violating the trust between the family member or friend, the offender will violate the law instead. How to cite Emile Durkeim, rational choice theory, Sykes and Matza, Papers

Art Appreciation Essay Example For Students

Art Appreciation Essay The traditional view is that the Renaissance of the 15th century in Italy, spreading through the rest of Europe, represented a reconnection of the west with classical antiquity, the absorption of knowledge of experimentalism, the focus on the importance humanism, an explosion of the dissemination of knowledge brought on by printing and the creation of new techniques in art, poetry and architecture which led to a radical change in the style and substance of the arts and letters. This period, in this view, represents Europe emerging from a long period as a backwater, and the rise of commerce and exploration. The Italian Renaissance is often labeled as the beginning of the modern era. A famous artist from Italy during this time was Michelangelo Buonarroti. He commissioned a fresco painting behind the altar of the Sistine Chapel, in Vatican, Rome, known as the Last Judgment. From the northern part of Europe, an artist by the name of Antoine Caron painted his version of the Last Judgment, with oil on panel, displayed at the Ringling Museum of Art (15th century). Each of these paintings are examples of the growth of artistic expression in Europe during the 15th century. Michelangelo, an Italian sculptor, painter, architect and poet, was one of the founders of the High Renaissance and in his later years one of the principal exponents of Mannerism. Born at Caprese, the son of the local magistrate, his family returned to Florence soon after his birth. Michelangelos desire to become an artist was initially opposed by his father, to be a practicing artist was then considered beneath the station of a member of the gentry. As a result of his talent, he was welcomed into the home of the Medici family where he eventually apprenticed in 1488 for a three-year term to Domenico Ghirlandaio. Under this apprenticeship, he learned the technique of fresco painting which is the technique he used when he commissioned his painting of the Last Judgment (Sistine Chapel 1534-1541). Antoine Caron was a master glassmaker and illustrator who was born in Beauvais, France. He was known as one of the few significant painters in France during the reign of Charles IX and Henry III. Antoine began his career with religious paintings. Like Michelangelo, Antoine also commissioned work for the Medici family. The Last Judgment was a religious painting first completed by Michelangelo on the altar wall of the Sistine Chapel in 1534-1541. On the right and left of the face of Christ are a lily and a sword, symbolizing respectively the innocent and guilty. The painting shows that Christ has come to be the stern judge of the world. He was perceived as a giant whose mighty right arm is lifted in a gesture of damnation so broad and universal as to suggest he will destroy all of creation, Heaven and Earth alike. The choirs of Heaven surrounding him pulse and anxiety and awe. The spaces are crowded with trumpeting angels, the ascending figures of the just and downward hurtling figures of the damned. On the left, the dead awake and assume flesh; on the right, the damned are tormented by demons whose gargoyle masks the burning eyes revive the demons of Romanesque tympana. Antoine Carons painting of the Last Judgment (Ringling Museum of Art, 15th century) is intended to have the same meaning. In France, where Carons from, the Last Judgment (Ringling Museum of Art, 15th century) occupied the sculptured Tympana of the center doorway of cathedrals. Overtime the attitude and attributes of Christ the judge changed. He was fully dressed; later on His right side was uncovered so as to display his wounds; later still sword and lily, symbols of justice and mercy, protrude from His mouth. This tradition of the church was established by Michelangelo, showing how the influence of Italian art made its way to the northern part of the country. The medium of Antoines painting is oil on panel. The style of the painting compared to Michelangelos is similar due to the fact that Antoine was also a Mannerist. .u8f1cc910c83ce9d1d40057105de8ff15 , .u8f1cc910c83ce9d1d40057105de8ff15 .postImageUrl , .u8f1cc910c83ce9d1d40057105de8ff15 .centered-text-area { min-height: 80px; position: relative; } .u8f1cc910c83ce9d1d40057105de8ff15 , .u8f1cc910c83ce9d1d40057105de8ff15:hover , .u8f1cc910c83ce9d1d40057105de8ff15:visited , .u8f1cc910c83ce9d1d40057105de8ff15:active { border:0!important; } .u8f1cc910c83ce9d1d40057105de8ff15 .clearfix:after { content: ""; display: table; clear: both; } .u8f1cc910c83ce9d1d40057105de8ff15 { 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; } .u8f1cc910c83ce9d1d40057105de8ff15:active , .u8f1cc910c83ce9d1d40057105de8ff15:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u8f1cc910c83ce9d1d40057105de8ff15 .centered-text-area { width: 100%; position: relative ; } .u8f1cc910c83ce9d1d40057105de8ff15 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u8f1cc910c83ce9d1d40057105de8ff15 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u8f1cc910c83ce9d1d40057105de8ff15 .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; } .u8f1cc910c83ce9d1d40057105de8ff15:hover .ctaButton { background-color: #34495E!important; } .u8f1cc910c83ce9d1d40057105de8ff15 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u8f1cc910c83ce9d1d40057105de8ff15 .u8f1cc910c83ce9d1d40057105de8ff15-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u8f1cc910c83ce9d1d40057105de8ff15:after { content: ""; display: block; clear: both; } READ: Corporal Punishment EssayComing from the northern part of Europe, many artists, like Antoine, became increasingly entrances with myriad details of the visible world and better and better at capturing them. In the Last Judgment (Ringling Museum of Art ,15th century), he uses elongated figures, in twisted postures and with small heads and tapering arms and legs, frequently inhabit vast spaces. Carons exaggerated perspective, in which the forms seem to disappear into space and his unnaturalistic use of color are also part of the Mannerist style. Michelangelos painting is fresco. His figures are grotesquely huge and violently twisted, with small heads and contorted features. The expressive power of ugliness and terror in the service of a terrible message reigns throughout the composition. This was typical for an Italian artist to show extreme emotion along with the bulk and mass of the figures. Michelangelo was able to make the figures appear real because of his knowledge of autonomy and how the human body looks from the inside out. (fig 1) Both artists paintings were commissioned during the same time period where humanism was of concern. The use of inhabitable space allowed for the paintings to look more realistic. Caron and Michelangelo both try to reveal plasticity and depth in their works. Shadows are a major use throughout each one of these paintings which was used to create depth and even show movement. The Renaissance Period marked an important role in history for art in Europe. This period did not happen with the sudden drama that it did in Italy, nor were the concerns quite the same for the northern part of the country. Northern artists like Antoine Caron, did not live among the ruins of Rome, nor did they share the exciting series of discoveries that make the Italian Renaissance such a good story, the Northern Renaissance style evolved gradually out of the late Middle Ages. Comparing the styles of these two Renaissance painters shows how in time how the styles emerged. Antoine Carons, Last Judgment (Ringling Museum of Art, 15th century) and Michelangelos Last Judgment (Sistine Chapel 1534-1541) are both meaningful paintings that still hold valid meaning to cathedrals today.