alexrocks532blogness @alexrocks532-blog - Tumblr Blog

Skill #2

https://www.youtube.com/watch?v=rIzAw2MyHiE

Skill #4

http://fivethirtyeight.com/datalab/advanced-placement-tests-tuition-increases-and-the-power-of-lists/

Many students are currently taking advantage of the AP courses that are offered in multiple subjects. Students take these college courses in the time they spend in high school in order to challenge themselves, or to just earn a college credit. They prepare themselves all year for these types of classes and unfortunately, there is a cost to these exams. According to this article, the outcome of taking an AP exam can create a higher chance for a student to earn their Bachelor degree in college. As a result, it will increase their tuition. So is it worth taking it? Of course college enrollment for seniors increase every year, but it allows them to focus their attention on trying to receive a higher education rather than getting just accepted to that particular college or university.

The one challenge on this survey and research was that obviously those who score higher on the AP exam are the more studious students and work harder on their school work. In order to get more accurate results, the authors centered their attention to those particular students that ranked in the above or below average of the exam, that could potentially earn a college credit for that class. As a result, they were able to calculate that the students who earned a reasonable score that were more likely to earn a degree was increased by a couple of points, and are also more likely to continue the AP courses their senior year.

It is definitely worth it for students to take the AP exams because they will be more successful in college by earning a degree. Also, by earning a degree, they will have better chances of getting a well-paid career. This can be connected to the concept of what is money. Since the AP courses have an influence of the pricing of tuition, it can then add value to that class by having that student realize and see that there is a lot of potential for them receiving a higher education and by getting their full value of what they paid for. By having these benefits and being compared to those students who do not take a college credit course, they are more likely to save significant amounts of money because they are headed in the right path of receiving a Bachelor’s or even a Master’s degree. From there, they are capable of obtaining the ability of finding a well-paid career and are able to support themselves financially.

Another concept that can be connected with this topic is unemployment. Many teachers are being hired because they are needed in order to teach these types of classes to students which is developing a higher number of job opportunities for adults and leading to less people being unemployed. With the help of these types of courses, it can better prepare a more stable future for the students and hopefully unemployment is not an outcome for any of them due to them having a better percentage of receiving a degree. According to the College Board, over the past ten years, students who participate and take a college credit course have doubled in numbers. In the end, students have advantages and benefits by taking an AP course in the long run and are able to provide a well-built lifestyle for themselves.

Skill #3

http://seekingalpha.com/article/119948-government-must-keep-circular-flow-running

Circular flow can be defined as an individual’s spending which then becomes someone else’s income. Then from there, the spending of the government develop and become the income of a private sector. Of course the transfers are incomes, so say that the government spends it on the services and goods, those sellers of these particular products can then earn a higher revenue, resulting into them getting paid for their supply that they offered. From there, those certain sellers are then able to pay off their own personal workers and other suppliers for their company and so forth, which allows those individuals to get their payments.

Let’s say that the private sector is receiving new incomes, then they have the choice to spend all or a portion of it which will then raise the incomes for those people who can benefit from the re-spending. From the concept of “re-spending,” it can create the multiplier effect which is an increase in spending that can result in a raise in national income that is higher than the actual starting amount. With people from other countries who receive a higher income can spend a portion or all of it on their own imports which can expand world trade which can greatly benefit the United States and definitely other countries.

The purpose of circular flow is that it allows us to measure the national income, which is an estimation of any economic activity that includes any factors for production or expenditure of any possible sectors in our economy. It also indicates where people depend on those workers who produce their goods and services. If households are not using certain products, then there won’t be demand or expenditure present which will then put a decrease on those specific goods. The circular flow is able to provide the basic relationships with the market economy and how the flow of money and services work together, because without one of them, it is impossible to receive that income or product/service. Since producing, incomes, and expenditure is in continuous cycle, there is not a high possibility that other economic activities can come to an end.

The following meme says, “Today lunch was free False you lost money eating lunch instead of working.” This is definitely true in so many ways. When a person is at work, that individual typically work for 7-8 hours a day, including time for lunch. Whenever a person gets and eats lunch, we do not think about what we lose. We are only paying attention in that moment of what we are gaining which is pleasing ourselves and fulfilling our wants, instead of paying attention and realizing what we are actually losing which it that particular amount of work that we could be paid for.

Another concept that this meme demonstrates is that when something says that it is free, it usually isn’t. I know for me, whenever I want to get something and it says that it is for free I am just like yes, something that is actually free. But for most of the time, it really isn’t; usually I would have to buy something or always do something in return in order to get that product or service for free. I honestly do get a little frustrated because it just allows me to realize that nothing in our society is really free and that is always something that is wanted.

This relates to the concept of supply and demand. This idea is when the amount of a certain product or service is available which then attracts buyers who are interested in it. Of course all of us are highly interested in having anything free, especially if it has to do with food and not spending any amount of money. But since we only want to fully satisfy our needs in that exact moment, we don’t get to have time to think about what the consequences could be whether they are good or bad. In this example, the consequence would be that since we took the time off to have a lunch that recall is “free,” it really is not because we are making it up for the lost time from working, which sort of sucks. Personally, I wouldn’t want to have a free lunch if it would affect me in the long run by not getting paid for working, as a result it would multi-task in this scenario. So I think that this meme is pretty accurate with what I agree on.

#skill1

Draftback

When I was watching the draftback, I can see that well one I make many many mistakes, and two that I really need to work on my writing skills. After watching a couple examples of other people writing, it showed me that those are some good skills that I can do when I am ready to write a paper. I notice that I do just start typing and writing, and sometimes I do not think and actually plan what I will be writing, which I should. Here, I should take the time to outline and plan out what I will be saying in the paper. I also noticed that when I type something I just leave and move on and don’t really go back and expand on it more which I proabably should do that in the future.

Keynes vs Hayek

These two economists, Keynes and Hayek, have different views on many subjects. Keynes believes in the faster process whereas Hayek wants it done the right way where he knows the end result will have a stable outcome. Keynes supports the steer markets and thinks that the free markets fail, but Hayek supports the free markets. By spending money, a speed can be put to the circular flow, but if it does slow down, it can lead to a bad result. Keynes believes that the circular flow slows down which is where the government would come into play to keep the money flowing, but Hayek doesn't want interference from the government. Keynes wants a quicker recovery, but Hayek wants that stable growth for the economy.

U1-U6

U1 A Hispanic, born in Mexico, individual named Giovanni Lampera, who is 49, was married for 15 years, but was divorced 2 years ago and is now unmarried. Because he was married at a young age, he did some college, but never received a degree. He had a rough childhood experience by him and his family struggling financially. Giovanni has never had a steady job due to not having a strong resume to put out there for people to review. Then, a tragedy happened where he was in a terrible car accident and lost his arm. With it being a challenge finding a job already, it is another obstacle for Gio to find a stable job with his disability.

U2 A woman name Lacy Frundel was hired at as retailer. She has been working at the store for 7 years. The store’s expenses caught up with the company and was going to go bankrupt if they didn’t let the some people go. Unfortunately, Lacy was one of them. She is now currently looking for another job, but hasn’t had one since.

U3 A man name, Tony Belonski, worked his first job at a firm for 2 years going on his third year. Many have complained about his attitude he has for his clients and with other workers at the firm. After receiving so many comments about Tony, he was let go and is currently still looking for a job, but hasn’t because he doesn’t have any other resources to refer to.

U4 Stacy has just graduated from Loyola University with a major in Business Administration. She was able to get a job in New Orleans, but when her mother became majorly ill, she had to move back to her hometown in Ohio. She was on a search for a job there, but couldn’t find a job that were able to give her multiple benefits such as insurance and a good pay. Since then, she just wants to give up on looking for available careers.

U5 Bianca has had really good job experience, from being a nanny from being a top manager at Harkins Theater. But recently she had to quit her job because of personal reasons. Since the reasons have been resolved, she is ready to get a new job, and is able to have many resources to refer to and can be mentioned on her resume. When a manager was fired during the Christmas season, it left an opening for Bianca.

U6 Ashton was a part-time worked at a fast food restaurant for 2 years making money for a college fund. When the college year is approaching, she needed more money than she intended. She asked for a raise from the manager, but when they couldn’t afford to move her to a higher position. In the end, she remained as a part-time employee.

Nature vs. Economy

Many people do not focus on the idea of what nature really is because we are so drawn into what we do in our lives, that we don’t take the time to see the overall big picture of nature. Earth Day allows us to recognize reality and fully understand the world that we live in. It was to established so we are capable of having a proper perspective because we lose it on the idea of what “normal” is. We sometimes lose the importance of things which affects us. Nature is the fullness of life and how much you live and sometimes we get caught up with what happens in our lives, that we lose this main concept. There may appear an imbalance between the two such as if the economy were to expand, then nature will diminish slowly. The economy gives us a structure to running our lives, whereas, nature is just the way everything is and does not have a certain way of living.

Raul Castro

Raul Castro had an interesting life where he was a natural born Mexican citizen who had twelve other siblings. Throughout his whole childhood, him and his family struggled and experienced poverty to the point where they were scavenging for food. Then at the age of twelve, his dad passed away which is obviously not easy for a child to go through, leaving his mom by herself and having Raul work in any spare moment he had. There was one point when he would get ready to go to school, and the bus would just keep driving and leave them behind.

Then it was at that moment when Arizona Governor George W.P. Hunt gave his speech and became inspirational for Castro to accomplish someday. Two other friends of his went with him because they heard that there would be free hamburgers and hot dogs, but he came back with a different mindset and a goal that he knew he could complete. All his life, Raul Castro was told that he could not do anything and was always told no because he was Mexican, or because he was not well educated, but he definitely proved them wrong and was able to show what he could do if he put his mind to it.

Another point in his life was his college experience. He had received a football scholarship to Northern State University, but it was tough for him where Raul was lost on campus and just felt misplaced because there were only so many people that were like him. After graduating with a degree in teaching, he went out for a job search, but was unable to find a job because he was Mexican, and turned to change his lifestyle and became a hobo and made money by boxing at carnivals. He then came back to Tuscon and attended law school and became a Spanish instructor.

I think his story could be possible today. With the types of events that took place in his life, I think that it could possibly be an inspiration for other Mexicans or Latinos out there. They can understand the circumstances that Raul had to go through and hopefully they can see that if you work hard in life, and don’t allow people to tell you how to live your life, it will pay off in the end as a result.

Circular Flow

Many people attend college in order to receive a degree and hopefully get a career as a result, but sometimes it can lead to people struggling financially and falling heavily into debt. Education itself is essential and a public good that is paid by the taxes that come from the labor market. Especially today, a college degree is encouraged if an individual wants to be able to have a successful job. For the Class of 2008, they were the ones who suffered and were effected dramatically because of the recession and the amount of student loans that had to be paid off. They were working hard towards a degree so they could get a job after graduating, but with the recession and the increase of the unemployment rate, it made it twice as hard for students to locate and find a stable job due to firms or other places not hiring. Income taxes went down in the recession, which allowed the amount of money that was processed through the government decrease. When demand of a college education goes up, the price will also most likely increase which can make it a challenge for students to pay off their loans. If the labor market expanded with the college graduates, the wages would go down. With the recession, it greatly effects the college students and their education.

mariaa-vanilla

Ted Conversation 2

GDP, or Gross Domestic Product, allows us to measure and compare different countries and their economic success. GDP measures this through the economic success in a global economy. The United States is considerably richer than New Zealand, however has a lower standing in Social Progress. One point that I concur with was the place we grew up, school, and the news can impact our view of how life is on this planet. The ultimate outcome of a nation is how successfully it is at creating happy and healthy lives for its people. This leads to the Happy Planet Index, which is a measure of progress that shows the happiness of the people. The United States is happy, however the conflict is the amount of resources being used, furthermore at the speed we are using them is exceptionally high.

alexrocks532-blog

Yes, I agree with what you said. The surroundings that we are exposed to really do have an impact on how we live in the world. Are there/what are some things that you think have helped you be happy or that could have possibly played a role in the Happy Planet Index?

The ability and resources to have an education make me happy. We can complain about not wanting to go to school, or what not, but once we compare ourselves to other countries, we can see that the United States is well off. There are some countries like Costa Rica that has the same Social Progress as some Western European countries, but a lower GDP. Why do you think this is?

alexrocks532-blog

This is true! I know for me that education itself is important it actually makes me happy because I know that I will be better in the long run and have a better future ahead of me. I think this may be because the insufficient amount of resources that are not being received. By them not having a lot of economic success, it could or may be a result of them having a lower GDP compared to other countries.

alexrocks532-blog

TED Conversation 2

According to GDP (General Domestic Product), it allows us to measure their economic success of a country, for example, the United States. Our position being above average gives us an understanding that we are doing fairly well and are financially stable. We are also able to calculate the country’s happiness with the help of the Happy Planet Index which could be influenced in many ways such as from resources that the nation is receiving. There are numerous things that can make an individual happy besides money or the technology we use in our daily lives. We wish that happiness could be exactly measured, but sadly it can not be possible because we can not measure an individuals exact level of emotions and satisfactory.

mariaa-vanilla

Do you agree or disagree to any particular point? Yes the United States is considerably richer and financially stable, compared to New Zealand, however we are a bit lower on Social Progress than them. Do you think that our economic can increase social progress? Why or why not?

alexrocks532-blog

I do agree and realize that we are on the lower scale of the Social Progress. I think over time it could be possible. There are multiple factors that could play a role into changing our position such as technology. It could allow more sufficient and better interactions with others in our society.

mariaa-vanilla

Ted Conversation 2

alexrocks532-blog

TED Conversation 2

According to GDP (General Domestic Product), it allows us to measure their economic success of a country, for example, the United States. Our position being above average gives us an understanding that we are doing fairly well and are financially stable. We are also able to calculate the country's happiness with the help of the Happy Planet Index which could be influenced in many ways such as from resources that the nation is receiving. There are numerous things that can make an individual happy besides money or the technology we use in our daily lives. We wish that happiness could be exactly measured, but sadly it can not be possible because we can not measure an individuals exact level of emotions and satisfactory.

Marketwatch

I remember when I first played the game, I was just buying stocks that captured my attention or was making the most money that day at that time. I thought I was making the best decisions at that time, but come to find out apparently I was not, so after playing this game again with the given time period of a month, I learned a couple things. I was not sure if there was a certain way to buy or sell trades to make a positive net worth. To basically sum up the concept of the game for me is that we need to spend money in order to make money. There are different ways that we can put our money into such as mutual bonds or stocks. Whatever strategy that is done to make money, the main focus is that we put our money to use in order to make a profit. I know for me, I kept having the thought in my head throughout both the games, that I needed to invest into the companies that made the most money, but on some of the companies, that was not the case.

I know that for throughout both of the games, I was getting caught up and was frustrating myself wondering whether or not they would become positive or negative. I know that whenever I would look back on the games, I would only look at my rank rather than focusing on my net worth. Like it was said, an investment is long-term process, we can’t be expecting see money being made within a short-term time period. I thought that since I have played the game before that this would be less of a challenge, but it was a challenge. It was hard because we had to go beyond our interests and really do some research to find the best stocks to invest into. From doing research for the stocks that I was interested in, it allowed me to see if the companies I chose would be the right decision, but for the most part I agreed with the ones I ended up investing in the game. For the future reference, if I were to invest into something, I must really do my research and see if it would be worth it. Also, when I was playing the games, I knew that I was scared to invest in a lot of stocks because I thought I would be wasting money and not gain enough once the game ended, but that is not the case. I needed to be willing to spend my money on stocks and bonds in order to make money off of them. It is chance that a person should take in order to become successful.

When comparing both of the games, I thought that the buy and hold was more of a struggle compared to the beat the market because one: we could look at it once we invested in certain stocks and two: I had to do heavy research to try to get a positive net worth over the course time of a month and also the highest rank which obviously did not matter in the end. With the beat the market game, that one was less stressful because after doing research, I was able to do stocks and bonds that interested me while making a good choice of an investment. I know for the future that this experience with these games will be an advantage because it will allow me to put these skills that I learned into my daily life choices and real investments that I may encounter later.

Trending Blogs

Recently Viewed Blogs

alexrocks532blogness