Tuesday, August 6, 2019

Black Genocide Essay Example for Free

Black Genocide Essay â€Å"Black Genocide in the 21st century† also called â€Å"Maafa† is an anti-abortionist documentary made in 2009 that speaks about the relevance of birth control, White America and Black America, Planned Parenthood and how it was established, also, the conspiracy behind abortion. The movie also deeply discusses the argument between abortion being genocide and it specifically targeting African Americans. Black Genocide was a very intriguing and interesting piece of material that filled my knowledge with much more than I had intended it doing. Before watching this video, I knew a little about abortion but not about the black genocide part. You see, I knew that abortion was a way for the government to obtain legal rights to abort children who weren’t able to be cared for but I didn’t know the government was using abortion as a way to limit the black population. I also knew that African Americans were having a lot of abortions and there were, and still is a lot of abortion facilities but never put together the idea of how they were getting access to this information, furthermore, the connection between eugenics and genocide. During the film, I learned so much information that is disgusted me and changed many of my views toward abortion and other things. I learned that in the early 1800’s, Americans feared retribution and resurrection because slavery was supposed to have ended. Intermarriage also lead to the loss of international purity and for that, they had a plan of colonization. Colonization was an affect that took place, and caused African Americans to be sent back to Africa. After the colonization, the new philosophy was established and was called â€Å"eugenics†, the perfect solution to what was known as â€Å"negro dilemma.† I also learned that Eugenics believed that Africans were inferior and without guidance, they couldn’t make it. Margaret Sanger was the founder of the â€Å"American birth control league† and was successful for promoting abortion and birth control. After watching the 21st century of black genocide, I wanted to know more about the situation with the NAACP and why the government still hasn’t publicly announced the conflict between the protesters and there undercover targets. I’d also like to know more about the positive and negative eugenics and why White America was considered positive eugenics when it was used to try and dominate the black parts of America and used as a companion to exterminate African Americans. I’d also like to know more about Planned Parenthood and to see if the facilities were still being targeted in minority places. I’d also like to know more about White America and the Planned Parenthood meetings, and also if Planned Parenthood groups still targeted low poverty neighborhoods of different race, such as Caucasians.

The Buddhist No Self Doctrine Philosophy Essay

The Buddhist No Self Doctrine Philosophy Essay The Buddha taught that there were no persisting identity and there are no permanent stable identities. We are just a complex experience streamed through time. We are just short lived, temporal, historical beings in the process of becoming. There is no difference between you and your life: you are your life history. thoughts were the thinker and experiences were the experiencer The Buddha taught Ksanika-vada which is an anti-substantial doctrine that the world is in a continuous flux and is impermanent. There is nothing more than movement and change in the world (Anitya). There are no fixed or permanent, absolute or independent substances. The Buddhist universe is the same as Heraclitus simile of a river as you cant step twice into the same river due to the constant changing of water. The phenomenology of reality, objects, events and self are not what we think they are. They are in fact a temporary interconnected stream of some fundamental elements. This is the Buddhist ontology that everything occurs through causes and effects. All these things we believe to be persisting entities, including self, are just a stream of events. The effect doesnt exist when the cause existed and the cause stops existing when the effect comes to exist. This results in everything in the world having a cause and nothing existing unconditioned. The idea of Atman is the metaphysical self or soul which is everlasting. The Hindu religion uses this idea of the soul thus they adopt the Eternalists view. This is that the soul is immaterial, infinite and immortal so it will continue to exist for ever. Atman has various meaning such as soul, self, being, ego or personality. This is what Buddhism rejects, a persisting and enduring entity in humans. The doctrine of Nairatmya-Vada teaches us that to recognize ourselves as a persisting entity is an illusion. We are actually a phenomenon of human experiences (dharma) so we are temporal being (Ksanika). What we call the self is actually a temporary interconnected stream of thoughts and desires. So why do we believe we have a self and why do we cling onto the idea of a self? The early Buddhist believed individuals were an arrangement is a composition of five aggregates (skandha). None of these phenomena contain an actually sense of self: The body (rupa) Feelings of pleasure and pain (vedana) Sense-based perceptions of objects (vijnana) Conceptual thoughts (samjna) Volitions, inherited dispositions and habits (samskara) To clarify, conceptual thoughts are not the mind but just the thoughts themselves. They are not a substance or an enduring self. Also consciousness is not found in these five aggregates as the Buddha rejected the idea. Rather consciousness is named by the cause. It is dependent on all five and it cant exist without them. For example the eye gives visibility which gives rise to visible consciousness. This is a mental consciousness. Consciousness is always an effect of the aggregates and always in flux. . The self is not actually real as none of these five aggregates show that there is a persisting and enduring identity in humans. What gives rise to individuals feeling of self is just the aggregate of these factors replacing each other. For example, a body touch a red hot poker, this will give rise to a feeling of pain, this will give rise to a thought of pain and the memory of what it felt like. It is a conventional designation for a becoming compound of the five aggregates that gives rise to the feeling that we are selves. Descartes believed that I think therefore I am, whereas the Buddha taught that I am because I think. Therefore Buddhism is an impersonalist teaching showing us that the self doesnt actually exist so we are not what we think we are, we dont matter. Nagasena explains this concept in Question of King Milanda through a conversation between Menader (a king) and Nagasena (a monk). Nagasena asks the king if the axle, wheels, chariot body, flagstaff, yoke, reins or goad-stick is the chariot. Also he asks if all of these are the chariot. All of these were answered negatively. Thus the chariot is not the same as the parts and is not the parts conjointly. He concludes that the word chariot is only a name for the parts in a certain way formation. He applies this to self and postulates that his name is just a construction of his five aggregates but not actually a self: As the various parts, the different adjuncts of a vehicle, form, when united, that which is called a chariot; so, when the five khandas are united in one aggregate, or body, they constitute that which is called a being, a living existence. The Buddhism doctrine of Pratiya- Samutpada, often translated as dependent arising taught that thirst or desires, attachments and commitments are causally related to suffering (duhkha). This is where the Buddha explains the process where enduring world phenomenon arises. Even though cause and events (dharmas) are separate in Buddhism they are still interconnected and this is the same for the continuous cycle of rebirth (samsara). It is just life a flowing river or an ever turning wheel. There is no need for the self, all phenomena, our experiences, substances and events, can be explained by caused and effect. Life is one causal sequence made of Twelve Links of Dependent Origination (nidanas). This shows that no beings exist independent of any other beings. Therefore it describes one enduring identity from birth to death and also reincarnated lives: 1. Ignorance 2. Volitional Actions 3. States of Mind 4. Name and Form 5. Sense Sources 6. Contact 7. Feelings 8. Attachment 9. Grasping 10. Becoming 11. Birth 12. Aging and Death Yet again this process shows us that nothing can exist by itself. This is because the Buddha taught that if something has a dependent origination then it cant be independent: If something is fundamentally dependent then it must be devoid of having a nature that is independent of other phenomena, of existing independently. Anything that is dependently originated must in fact be empty. Everything that we experience is a result of a cause and the nature of them is being dependent. This means that all of our phenomena are empty of having an independent self. To be enlightened is to take away the first link of ignorance and be aware that all our phenomena are empty and once we are aware of this we will become enlightened. This is becoming aware that we arent actually what we think are. Our self or personality is a constitution of feelings and attachments to objects which is what causes our process of becoming. This is the aim of Atman, to escape from this unsatisfaction that the phenomena of the persisting self causes. When we grasp an object we want we may feel happiness but this never last and even if we get an object we want we always crave for more or are scared of losing it. We need to become enlightened that these are not actually real and are only a product of our phenomena. The four noble truths teach us that you can realise your true self and aspire to a higher living. When you understand that ignorance, volitional action, attachment and feeling and grasping are empty then you will let escape the circle of birth, suffering, death and rebirth (samsara) and find peace in nirvana. As we have seen, early Buddhism analysed experience into five aggregates but later schools developed the process of reduction analysis. The Abhidharma, a later reduction analysis text, develops some of the fundamental teaching of the Buddhism. The Abhidharma analyses phenomenon and experiences, reducing them into minute essentials (dharma) by complex lists. This rejects the sustainable self as an independent entity because it is actually a changing construction dependent on complex connection of mental and material components. The Sarvastivada Abhidharma doctrine teaches that only impartite entities truly exist. If atoms make up an object then the object doesnt exist as it is just an aggregate. The impartite entities in phenomenon (dharma) have a permanent identity of their own (svabhava) and exist in the past, present and future. Each dharma has its own essences or intrinsic nature (svalaksana). This idea is Atomism, where the basic constituent ingredients for all mental thoughts an d physical materials are all reducible to this. Yet again this breaks down our habits of attachment as we are just a mass of material elements and just as the Lotus flower will fade and die so will us. As the dharmas which have no cause and effect dont include the self, this must mean that all aspects of our experiences are impermanent and dependent on many causes and effects which arise and pass. This ontology of dharmas shows us that the world we live in is not what we think it is. Hence our attachments, commitments and desires for objects of this world are false: Try to grasp the world and it runs through ones fingers. The Abhidharma lists conditioned realities (samskrta) which are made from temporary fluxes. These phenomena are conditioned: 1. Material phenomena 2. Mind 3. Mental phenomena 4. Elements which are neither material nor mental The mind is conceived as a complex cognitive process consisting of a succession or related momentary mental states. Mental states arise dependent on its cause therefore forming a mental flux. The mind is always rapidly changing, streams of consciousness is made up of streams of awareness. Every moment of cognition relates to a particular object therefore intentionality and consciousness are inseparable. Our phenomenon of consciousness is therefore a stream of immaterial and impersonal events; it is associated with the body in life but will come to exist dependent on another body after the death of the body. This is not a persisting self but an impersonal series of mental events. Our reality is made up of a connection of momentary events. So mind and matter are not substance but events, and mental and material events interact in a flux. The Sautrantika teaching are different from the Abhidharma teachings as it rejections dharma as actual reality. The Abhidharma introduced the idea of permanence in the world through dharmas and the Sautrantika rejects this unconditional reality. This is because the Abhidharma dharmas go against the Buddhist principle of impermanence (anitya). They retain the notion of dharma but eliminate the notion of svabhava. They believe that our basic reality is just flashes of momentary energy (svalakshana). Therefore all things momentary exist only in the minute when they are produced. This is a radicalisation of impermanence as everything is instantaneous and has no duration. All materials are also impermanent as all things decay. Decay needs no external causes as it is a self destruction of the material. So there is only ever a present, there is no past or future as everything is instantaneous. An enduring and persisting self can certainly not exist as there is only momentary existence. Thus consciousness actually is just a flux of momentary flash of energy hence there is no need for a conscious self with a past, present and future. The doctrine of sakaravada teaches us that we are never in contact with the material world but only perceive an aspect based upon the sense organs and sense consciousness: It asserts the mediated character of cognition, the recognition that perception apprehends its object through the mediation of a mark left by the object on consciousness. Therefore reality is not what we think it is as there is a gap between our minds and what is actually occuringf. It is not a self being confronted by a world of objects. It is actually our sense consciousness taking on the form of the sakaravada. Before there was a need for a self for something to be consciously perceived by the senses but in this theory there is no need for this as we are not in direct contact with the world (bahyartha-pratyaks). The Nyaya- Vaisheshika taught that the world had an objective structure, that we are permanent, that there were persisting entities and they were substances. Dignaga, a Buddhist scholar believed that these categories that have been discovered in reality are just imposed by the workings of the mind and dont actually exist in reality. Through the process of our imagination (kalpana) is what we are giving words to. It is our language that imposes structure of reality. The mind groups svalakshana together. So words for generalities, for classes, for types, for qualities and words for individual substances all would seem to have repeatable properties are just our interpretation of the world and not actually real. Our minds are linking together different particulars and imagine them as an enduring and persisting entity. We forget that we are part of a process and talk in terms of us being stable observers not matter or quantum self, however we are not except from processes. Thus the belief of the self is just a word invented by the mind for the different processes in flux. Yogcara, another School of Buddhism, rejects the Sautrantika and Abhidharma idea of there being a reality independent of the mind. These ideas are interconnected and give rise to other ideas whilst being self illuminating. The unenlightened believe they have a self or they are conscious but this actually arises from a stream of conscious self illuminating ideas. This is because these self-conscious ideas may wrongly believe they have a self when actually they are part of a flux. It is the mind-set that makes us have this belief as this establishes how we perceive the world. Even though the world is mind only, the ideas cast themselves as external resulting in the misconstrued belief that we have a self. People dont feel individual because of the external world but because of the certain habitual mind-set they have, their feelings and moods.

Monday, August 5, 2019

Comparing Finance Motivation With Non-finance Motivation

Comparing Finance Motivation With Non-finance Motivation Motivation is willing to exert high level of toward organizational goals, condition the capability to meet some people need. (Hall. et al., 2008: 374) According to some business analysis, employee motivation is a good method to improve the productivity of organization. While people get motivation, they will have a reason to put more energy on what they are doing. (Echeat, 2005) Consequently motivation is an important management tool that lifted the work team ability. Therefore, this article will discusses what kind of method is more suitable to motivate employees and reason. There are a considerable number of different ways to motivate employees, including financial motivation and non-financial motivation. Motivate staff must determine which is financial motivation or non-financial motivation. This will depend on which factors have contributed to staff, in addition, it may also be the companys budgetary constraints and cannot compensate for any increase in salaries or bonuses, therefore, non-financial incentives are required to submit. Low-wage workers may dissatisfy with their work, as a result, the non-financial incentives will not be an effective motivation. Consequently, it is important to find a balance between them. Although the financial motivation has little value, most firms still use money as a main incentive. There are a variety of payment systems that a company use to motivate staff. For example wages and salaries, piece-rate, fringe benefits, free house, the educational fee of children, the cars, the credit card and share ownership which provided by the companies. (Hall. et al., 2008:381) Taylor scientific management motivation had stated that employees were heavily linked financial factor to meet their maximum gain, people acted individual, not grouped, and people acted like machine. For a pair day payment related to piece work could maximum employees potential ability and motivated and high payment in return. (Hall. et al., 2008:375) Money is the most direct way of motivate employees. People will think about salary when are looking for a job. For instance, there are 17,300 employees accept financial incentives in stock and bonuses. As a result, HBOS also accept cash reward system after merger. Each of HBOSs 65,000 employees will awarded free shares worth between  £500 and  £3,000 and totaling  £70 million. Workers will also benefit from two staff share pounds. Staff worked hard who after got money award. Moreover, to follow the HBOS shares went up more than 56% over the last three years. (BBC News, 2007) Consequently, according to the case, it not only reveals the money has encouraged, but also it is a kind of important incentive way. Financial motivation make a significant improvement on companys performance, non financial motivation also plays a key role during the continuous development. There are four kinds of main methods of non-financial motivation, including job enrichment, job enlargement, team working and empowerment. Job enrichment means enable workers to be more interested in challenging and complex task. Workers should have the opportunity to complete a work unit as a whole rather than individual task. This method can stimulate job enlargement or job rotation, because it increases the complexity and challenging, rather than provide diversification simply. Secondly, Job enlargement is simply give workers more tasks to do, just like a similar nature and complexity. Teamwork, that is to say employees in the group or team work. In the team work, a person can more easily establish friendships and have a sense of belonging to a whole, a unit or group. Team work has other advantages too. Team work can lead to greater production flexibility, employees may be multi-skilled (and can do more than one persons work), because they learn from other team members or a formal job rotation. It means that they can cover any absence from work; they can quickly adapt to new production technologies. Finally, give the power or authority to staff so that they can decide how to finish their work. (tutor2u, 2010) Even though the money may be an incentive to work; at work, payment does not change the way people pay more. Staffs need an incentive to combine. That is why the Royal Bank of Scotland (RBS) offers so many non-financial incentives to improve personal life. RBS is one of the most important powers of the employees which is the good performance of the level of progress. RBS encourage citizens make it happen through the personal development. It means that RBS encourages staff to grow and develop their skills and abilities. This in turn help RBS change to a company. Employees agree development needs with line manager in their annual performance evaluation. This is recorded in the personal development plan. Development may involve more training so as to acquire new knowledge and skills. This can improve their promotion prospects, and allow employees to improve the organization and their total rewards. (thetimes100, 2010) Consequently, In RBS, employees enjoy Total Reward-A specific wages a nd benefits far beyond salary. It offers each staff not only just money, but also a personal choice, just as working hours and safety. In conclusion, in the view of financial cost there are two variety companies. One with less number of employees so that managers can easily supervise and control. Company can use finance motivate employees who does not need through evaluation process. Another one is a large company which has a significant number of employees. Managers cannot pay attention to every employee; therefore, they can encourage active employees to work by non-financial motivation. Because no company is interested in paying high capital as a reward for their employees. Relative to non-finance motivation, it is a good choice. In my view, non-financial motivation is suitable for both large enterprises and small firms, I suggest that company could use non-financial motivation to encourage staff, because not only does it widely applicated but also save money. Reference BBC News (2007) (online) Staff benefit from HBOS profits http://news.bbc.co.uk/2/hi/uk_news/scotland/6403271.stm (Access date: March 16, 2010) Echeat (2005) (online) Motivating Employees in the Workplace http://www.echeat.com/essay.php?t=27630 (Access date: March 16, 2010) Hall.D, R.Jones, C.Raffo and A.Anter (2008) Business Studies 4th education, Harlow, Essex, Pearson Education (Access date: March 16, 2010) Tutor2u (2009) (online) Motivating employees financial rewards http://tutor2u.net/business/gcse/people_motivation_financial_rewards.htm (Access date: March 16, 2010) Tutor2u (2009) (online) Motivating employees non financial rewards http://tutor2u.net/business/gcse/people_motivation_non_financial_rewards.htm (Access date: March 16, 2010) Thetimes100 (2010) (online) Motivation at RBS Total Reward http://www.thetimes100.co.uk/case-studymotivating-through-total-reward106-258-4.php (Access date: March 16, 2010)

Sunday, August 4, 2019

Shakespeares Rosalind Essay -- English Literature Essays

Shakespeare's Rosalind The main themes of "As You Like It" are the pastoral ideal and the ideal of romantic love. Forest of Aden is the primary setting where these themes develop. Nature serves as a refuge from society where we can find solutions to injustice and unhappiness. This play is a comedy and thus has a happy ending but it is not a fairy tail. Shakespeare highlights the difference between reality and illusion. Rosalind embodies the sensibility, the humor and the kind of love that leads to a happy, harmonious living. She brings the plot to a resolution when four contrasting romances end in marriage. The focus of the play is her romance with Orlando. Rosalind wants to find a lover without losing her sense of self in the process. Rosalind answers the questions about love, which arise during the play. She is a lovesick maiden and yet she remains an intelligent, witty, and strong character. Rosalind is also a good judge of character. She sees through Jaque's seemingly deep thoughts and recognizes the wisdom of clown Touchstone. Furthermore, she cleverly uses her disguise to get to know Orlando and educate him about love. The meeting of Orlando and Rosalind is the most important event in Act 1 of the play; it is love at first sight. Celia and her cousin talk about falling in love just before the wrestling match. From henceforth I will, coz, and devise sports. Let me see, what think you of falling in love? Her words indicate that Rosalind is ready to face the danger of falling in love. She infers that her father would approve of Orlando because her father approved of his father Sir Rowland. Their meeting reveals a vulnerable side of the Rosalind as she gives him a chain, says, "Gentleman, wear this for me" and waits for him to continue the conversation. In Act Shakespeare draws parallels between Rosalind's relationship with Celia and Orlando's relationship with Adam. When Duke Fredrick banishes his niece from the court, Celia makes a quick decision to go to the Forest of Aden with her cousin and to look for her uncle. This illustrates the degree if love and loyalty between them. Orlando's elder brother Oliver denies him education. When Orlando is leaving for the forest Adam wants to go with him to serve and protect him. Master, go on, and I will follow thee To the last gasp with truth and loyalty†¦ Yet fortune cannot recompens... ...er than thou art ware of." Touchstone tells her a story about being in love with a girl. He gave the girl something and said "wear these for my sake", which are almost the same words that Rosalind said to Orlando in the beginning of the play. The love between Orlando and Rosalind is portrayed as superior to other romances, which are more earthy. Touchstone and Audrey's romance represents physical passion. He wants to marry her out of church so that the marriage would be invalid. Silvius who is hopelessly in love with Pheobe, represents pastoral love The diversity of characters' romantic sentiment creates a balance in the play and makes one appreciate their silliness, spirituality and extremities. Compared to Silvius' silly infatuation, Orlando's is more of a courtly lovesickness. Rosalind outshines everyone else in the play with her intelligence, wit and depth of feeling. Her humanity and sense of fun make her the ideal romantic heroine. She seems to be centuries ahead of her time. She is a woman who is absolutely the master of her own destiny and she remains in control most of the time. Shakespeare has created an almost ideal heroine who brings the play to its conclusion.

Saturday, August 3, 2019

Essay on Falstaff in Henry IV Part I -- Henry IV Henry V Essays

The Character of Falstaff in Henry IV Part I  Ã‚   In Henry IV Part I, Shakespeare presents a collection of traditional heroes. Hotspur’s laudable valor, King Henry’s militaristic reign, and Hal’s princely transformation echo the socially extolled values of the Elizabethean male. Molding themselves after societal standards, these flat characters contrast Sir John Falstaff’s round, spirited personality. Through Falstaff’s unorthodox behavior and flagrant disregard for cultural traditions, Shakespeare advocates one’s personal values above society’s. Extolled as the "essence of Shakespeare’s dramatic art" (Bloom 299) and ridiculed as the symbol of self-indulgence and vice, the character of Sir John Falstaff, a loquacious knight, elicits a dichotomy within the Shakespearean critical community. This controversy originates in the rendition of Shakespeare’s intention in creating Sir John Falstaff. Literary critics such as John Dover Wilson and Edgar Stoll espouse that Shakespeare created Falstaff to serve as Hal’s "attendant spirit...typifying Vanity in every sense of the word" (Wilson 17). These anti-Falstaff carpers claim that the theme of Henry IV Part I, being a morality play, is the "growing-up of a madcap prince into the ideal king" (Wilson 22). If this were the case then Falstaff, "a besotted and disgusting old wretch" (Shaw qtd. in Goddard 71), represents an obstacle that Hal must overcome to tranform into a regal king. Asserting that Hal "associates Falstaff...with the devil" (Wilson 20), being the antit hesis of heroism and virtue, Falstaff "symbolizes...the feasting and good cheer for which Eastcheap stood, and reflects...the shifts, subterfuges, and shady tricks that decayed gentleman and soldiers were put to if they wi... ...is rivals; Hal gives up any personal freedom he might have displayed in order to follow in his father’s footsteps. Falstaff survives, not only years, but through centuries as well. Lauded, ridiculed, and analyzed Falstaff surpasses death by continuously published literary criticism and interpretation. No other Shakespearean character is as studied, examined, or investigated. Fascinating to spectators, Falstaff is a "character that will follow [the audience] out of the theatre." Works Cited Hazlitt, William. Hazlitt's Works. 8 vols. Ed. W. Carew Hazlitt. London: George Bell, 1905. Hazlitt, William. Hazlitt’s Criticism of Shakespeare: A Selection. Ed. R. S.White. New York: Edwin Mellen, 1996 Becker Bloom, Harold. Shakespeare: The Invention of the Human. New York: Riverhead Books, 1998 Bradley Desai Morgann Shaw Stoll Wilson Goddart

Friday, August 2, 2019

Essay --

What is a model? â€Å"A model is a simplified representation of reality it does not constitute reality itself. Models purposely ignore certain aspects of reality and focus on selected and related sets of crucial factors† (Segal and Spaeth 2002). In this paper, I will be discussing the three models and which model explains how justices behave the best: the legal model, the attitudinal model, and the rational model. The legal model justices vote on their preference but when given the opportunity they would vote to overturn the precedent because it does not fit their personal opinions. The attitudinal model justices are provided with the best prediction on a given case to determine how to vote. The rational model is the last model that feeds off the other models. The justices for this model vote on their preferences and not on sides. I will describe how each model links into each other. The legal Model is the behavior of judges explaining the law while making decisions. Justices tend to make judgments based off past precedent. Judges subscribe to the legal model for public consumption. J...

Thursday, August 1, 2019

Interview template

Thorough grasp of material (lecture and cases) as demonstrated in examinations Participation in class discussions Excellent participation *may* help move your grade one level up 4 Attendance Regular attendance in lectures and tutorials is essential to complete this unit successfully. Steady effort is the way to build your human capital in this area The text, supplementary reading, lectures, tutorials, etc. Are all complements, not substitutes Attitude is key to your success – Been there, done that -International Business Context O Dry Sarah Advertiser 13 Grading Policy: The Bad NewsWord about academic honesty: No plagiarism: pasting sentences or paragraphs from various sources without attribution DOES constitute plagiarism. Copying from another student also constitutes plagiarism No dishonesty in attendance: Signing in for one or more other students constitutes academic dishonesty No dishonesty in examination: No talking or exchanging notes during examination Students caught c ommitting an act of academic dishonesty will automatically fail the assignment or the unit Any Questions? 5 What is Economics and its relevance? Study of how economic agents choose to SE their scarce resources.Economics analyses the basic market structures of the business environment, and the decision-making behavior of economic agents Economic agents include consumers, firms, managers, workers, bureaucrats, criminals, Branches of Economics Microeconomics Branch of economics that deals with the behavior of individual economic units-?consumers, firms, workers, and investors-?as well as the markets that these units comprise. Macroeconomics Branch of economics that deals with aggregate economic variables, such as the level and growth rate of national output, interest rates, unemployment, and inflation.Classical Economics and Business Economics is to the traditional business discipline as Physics is to the classical engineering sciences. Economics is a tool box. Combining these with too ls from decision sciences we can find the power tools that can maximize your firm's chances for survival and prosperity in an uncertain world. This is all about Business Economics. 6 What is Business Economics? Business economics is concerned with the application of economic principles and analytical tools of decision sciences – Mathematics, Statistics, andEconometrics – to solve Business/Managerial decision problems. Thus, Business economics is about the application of economic theory and analytic tools to help managers make better decisions. The scope of Business Economics Management decision problems arise in any organization (firm, a non-profit organization, or a government agency) when it seeks to achieve some goal or objective subject to some constraints. Business Economics provide us with the power tools to examine how an organization can achieve its objectives most efficiently. Decision Problems: Examples