Sample Essay - How to Prepare For a College Essay Test

Sample Essay - How to Prepare For a College Essay TestIf you've been thinking about writing a sample essay for college admissions, you're not alone. The way that college admissions officers look at the essay is quite different than how other students look at essays.Of course, we all understand that you want to express yourself properly and get your essay across correctly. The student that always hits the deadline and then tries to make it something it's not isn't necessarily the student that you want to be around. There are just too many people out there that can write well and have no sense of what the real world is really like.There are some very basic things that every student should do when writing an essay for college admissions. First of all, the subject line of the essay should be good. That doesn't mean it has to be fancy, but it does need to be something that looks professional and makes the person that is reading it wants to read it. The subject line needs to grab the reade r's attention so that they will want to continue reading.After the essay is written, the student should format it according to the guidelines provided by the college or university that you are applying to. They should also be able to give you some guidelines on how you can move the essay along. This way you won't lose valuable time when formatting it.Every essay is unique and different, but there are some general themes that students use to write their essays. If you look at some of the sample essays that college admissions officers offer, you'll see that most of them start off with a statement that addresses their passion for the topic. In addition, they use personal experiences that show that they are a good fit for the college.They then go on to outline the best way to earn a college degree. There is never a shortage of topics for these kinds of essays.After the basics are outlined, the student can then delve into the ideas that they would like to explore in their essay. They can look at all of the possible topics and write about them, all the while keeping the idea that they are writing a sample essay to help them in their college search.After all of the information is in place, the essay can be handed in to a college or university that you are considering attending. This is where the real meat of the essay comes in.

Transitions, Repetitions, Comparisons and Contrasts as Robidouxs Basic Strategies

The introduction Some basic issues While analyzing the article written by Michael A. Robidoux, it is necessary to highlight the basic strategies the author uses in his work. It must be pointed out that Robidoux relies on specific rhetorical strategies, in order to assure readers that his arguments are reliable. The author investigates the genesis of violence in such kinds of sports as hockey and lacrosse and clarifies the relevance of physical force as an expression of Canadian identity.Advertising We will write a custom essay sample on Transitions, Repetitions, Comparisons and Contrasts as Robidoux’s Basic Strategies specifically for you for only $16.05 $11/page Learn More The thesis statement The article is based on certain rhetorical strategies, which help the author make his arguments more persuasive: transitions, repetitions, comparison and contrast are considered to be the major strategies Robidoux relies on. The body The fundamentals of the article and their analysis While reading the article, it becomes obvious that the author is mostly interested in comparisons and contrasts between traditional and modern sport. Thus, comparisons and contrasts as some of the most important rhetorical strategies give the author an opportunity to analyze the similarities and dissimilarities between past and present and, thereby, to clarify certain complex ideas. Relying on the strategy, Robidoux supports evaluative judgments, i.e. he highlights the importance of hockey for the nation. In other words, the author reveals the history of sport development in Canada, in order to represent the idea of nationalism. In my opinion, the primary task the author wanted to achieve was not only to reflect the interdependence between sport and identity, but to reinforce the kind of interdependence, i.e. he wanted to show that â€Å"to be a nation who plays hockey, means to understand what it means to be Canadian as being raced (namely white), class ed (namely middle-class), gendered (namely boys and men), and sexualized (namely straight) in very particular ways† (Allain 8). At first sight, it seems that Robidoux gives the readers an opportunity to trace back important historical events and make a corresponding conclusion. However, the author develops his arguments in a specific manner. When analyzing the article deeper, one can notice that the author’s every conclusion boils down to a question of Canadian national identity as distinct from Britain and America. Thus, the author points out that â€Å"the question becomes, then, how did a game such as hockey not only take shape in Canada, but become frequently cited as evidence that a Canadian culture exists† (Robidoux 209). When analyzing the sentence, it becomes obvious that the author uses transitions, in order to make a conclusion on the existence of Canadian identity. Robidoux tries to convince his readers in certain arguments by adding another points (fu rthermore), indicating cause and effect (then), emphasizing the importance of final results (in order to respond to†¦), etc.Advertising Looking for essay on ethnicity studies? Let's see if we can help you! Get your first paper with 15% OFF Learn More As far as the author’s every conclusion is related to the issue of Canadian nationalism, one can conclude that Robidoux tries to intensify the importance of Canadian identity through repetitions. He speaks about Canadian uniqueness all over. For this reason, the author’s arguments seem to be mostly subjective. That means that Robidoux’s arguments possess both strengths and weaknesses. One can suggest that my opinion is wrong, because the author recognizes certain contradictions in relation to the topic. For instance, Robidoux states: Since World War II, Canadians have been internationally perceived more as peacekeepers and, perhaps, even as being unreasonably polite – both political constru ctions in themselves – which makes it difficult to comprehend why a game such as hockey, known for its ferocity, speed and violence, would come to serve as Canada’s primary national symbol† (Robidoux 209). To qualify a point again, the author uses transition (perhaps); comparisons and contrasts (thus, hockey as a violent sport and polite Canadians are considered to be incompatible issues), repetitions (while pointing out Canadian national symbol). While speaking about the strengths of the article, one is to keep in mind that the author’s analysis is based on strong evidence. He uses various kinds of sources and provides us with opinions of other researchers, specialists, critics, etc. The author pointed out that hockey and lacrosse played a great role in establishing Canada as a separated nation. He discovered the impact of sport on Canada’s national mythology appearance. To my mind, the author wanted to represent the country as a peaceful nation, a nd it is obvious that he succeeded in the kind of representation. On the other hand, however, it seems that some important aspects were neglected. I suppose that his article lacks some important details. Although, Robidoux showed us the relationship between the kinds of sport and Canadian identity, he failed to explain some specific points concerning Canada’s fear of American cultural imperialism. In my opinion, the author had to draw particular attention to Canada’s geographical proximity to America; while he mostly considered the impact of certain historical events on Canada’s identity formation. The conclusion Finally, it must be noted that the author’s arguments were effectively developed due to the rhetorical strategies he relied on; however, as far as Robidoux failed in objective reasoning, one can conclude that his persuasive techniques should be somewhat upgraded. Comparisons and contrasts gave the author an opportunity to present cause and effect relations concerning sport and Canadian identity. Repetitions were used to intensify the meaning of certain judgments, including the issue of Canadian nationalism. Transitions were used to clarify complex, but important ideas.Advertising We will write a custom essay sample on Transitions, Repetitions, Comparisons and Contrasts as Robidoux’s Basic Strategies specifically for you for only $16.05 $11/page Learn More Works Cited: Allain, Kristi. Kid Crosby or Golden Boy: Sidney Crosby, Canadian National Identity, and the Policing of Hockey Masculinity, 2011. Web. Robidoux, Michael. â€Å"Imagining a Canadian Identity Through Sport: A Historical Interpretation of Lacrosse and Hockey.† Journal of American Folklore 115(456) (2002): 209–225. Print. This essay on Transitions, Repetitions, Comparisons and Contrasts as Robidoux’s Basic Strategies was written and submitted by user Molly O. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Even Since A Little Lamb Came Forward Saying That Cloning Of Mammals I

Even since a little lamb came forward saying that cloning of mammals is possible the world has been in a state of bewilderment. This means that if cloning a sheep is possible, how far away are humans? Is there a new generation of Dr. Frankensteins coming? I hope to answer this question, the process of cloning, the positive and negative aspects, ethical aspects, and an authors view of cloning all the way back from the 1940's. The basics however, are the first part. The process of cloning is involved. This process includes both embryo and adult DNA cloning. Embryo cloning, which was been around the longest, is the less complicated of the two. Embryo cloning is not really cloning for say. It is more of a twinning process. It has been used in mice since the late 1970's and other animals since the 1980's. The process is really quite simple. An egg and sperm are mixed together in a petri dish. When conception occurs the zygote develops into a blastula. After dividing into a couple stages, a chemical is added to remove the "zona pelocide" which promotes cell division. The blastula is then divided into separate cells, recoated, and then allowed to further develop. Adult DNA cloning however is a little more complicated. Adult DNA cloning was thought to be impossible until Dolly was created. It involves the use of nuclear transfer technology ("Human Cloning"). It was used quite successfully in the past, especially for embryo cloning, but never for primates (Baker). It is also noteworthy that Robert J. Stillman and his colleges at the George Washington Medical Center were the first group to go public to say it is possible. They took seventeen unusable embryos (each had two sperm for fertilization) and managed to split each successfully. They also reported on the best ways to split them and how long they should be allowed to develop. All of the zygotes had the potential to become a fetus had they not been previously defective ("Human Cloning"). The limits on cloning are very undecided now. The limits on Dr. Wilmut were very significant; it took him 277 tries to produce one Dolly (Motavalli). And it is not the scientific limits that everyone is worried about, its congressional limits. Dolly's creator, Dr. Wilmut is in favor of a limit for human cloning because he feels his progress can be used elsewhere better ("Dolly"). Republican George Brown of California stated, "It is significant that Congress followed the lead of the scientific in discussing those issues. George E. Brown stated, "It is significant that Congress followed the lead of the scientific community in discussing those issues. It caused us to curb our instincts to go out and regulate everything" (Baker). While some argue its unethical, its been said that a ban or restriction would halt some very important benefits such as human skin for bone marrow transplants (Baker). Dolly however does not care and "? is free from those limits now, and from the threat of a rev edezous with mint sauce, lives out her days in ovine luxury in Scotland. Scientists say they plan to breed her someday soon. No cloning, though; this time, they're going to do it the old fashioned way - by artificial insemination ("Dolly"). People are very split when it comes to taking sides on cloning. The positive aspects of cloning are very numerous. Gina Kolata of the New York Times and author of Clone has said, "I think a lot of people who initially found it repugnant now feel it may not be so bad. We can make identical twins of ourselves and from there we can make identical twins resistant to aids ("Dolly"). It is also very possible that in the very near future, farms will have cloned animals that help humans. It is possible that the proteins in a cow's milk could treat such diseases as hemophilia. Cloning could cause a better understanding of the pregnancy process. It may even lead to a way to stop spontaneous abortions. It could also help women who can not bring a fetus to term. Another benefit is the way human morula develop is similar to that of cancer, so it is believed that if there

What Makes a Marine Ecosystem

What Makes a Marine Ecosystem An ecosystem is the collection of living and non-living things in an area, and their relationship to each other. It is how animals, plants and the environment interact together and thrive. Studying ecosystems is known as ecology. A marine ecosystem is one that occurs in or near salt water and is the kind that is studied in marine biology. (Freshwater ecosystems, on the other hand, are comprised of freshwater environments such as those in rivers or lakes. Marine biologists study those types of ecosystems as well.) Because the ocean covers 71 percent of the Earth, marine ecosystems make up a large part of our planet. They vary, but all play a valuable role in the planets health, as well as the health of humans. About Marine Ecosystems Ecosystems can vary in size, but all have parts that interact with and are dependent upon each other. Upsetting one component of an ecosystem may affect other parts. If youve ever heard of the phrase ecosystem approach, it is a type of natural resource management involving making decisions regarding the whole ecosystem, rather than various parts. This philosophy realizes that everything in an ecosystem is interconnected. This is why environmentalists and marine biologists must consider entire ecosystems even though they may focus on one creature or plant in it. Everything is tied together. Protecting Marine Ecosystems Another vital reason to study ecosystems is to protect them. Humans can have significant negative impacts on our environment that can wind up destroying ecosystems and harming human health. The  HERMIONE project, a program that monitors ecosystems, notes that certain fishing practices can harm cold-water coral reefs, for example. That is a problem because the reefs support a variety of living systems including providing a home for young fish. The reefs could also be sources of potential medicines to fight cancer, which is another reason to protect them. Human impacts are ruining the reefs, which are a vital ecosystem for humans and the environment as a whole. Knowing how they function, and how to support them prior to and after components are destroyed, is imperative to assist these ecosystems. In seagrass meadows and kelp forests, for example, robust biological diversity is key to the ecosystems. In one experiment, scientists reduced the number of seaweed species. That caused the total algal biomass to decrease, which lowered the amount of food.  When scientists decreased the species that graze on microalgae that grew on seagrass, the species ate less from areas that had fewer microalgae. As a result of that, the seagrass in those areas grew slower. It affected the entire ecosystem. Experiments like this help us learn how reducing biodiversity can be extremely harmful to sensitive ecosystems. Types of Marine Ecosystems Sandy BeachesRocky ShoresSalt MarshesCoral ReefsMangrovesDeep SeaHydrothermal Vents

The Cinematic Signifier

The Cinematic Signifier Introduction Christian Metz was a very important film theorist who made a significant contribution to the art of cinema by his theories on cinema studies. He defines the cinematic signifier through a thorough analysis of the imaginary signifier. This is a broad topic that he set out to analyze in order to explain the elements that affect and greatly influence the art of cinema. He used a psychoanalytical approach to cinema studies.Advertising We will write a custom essay sample on The Cinematic Signifier specifically for you for only $16.05 $11/page Learn More He explains it as an imaginary factor, which is meant to replace or account for the fact that there is an absence of elements. These elements are time and space which are made transparent by the imagination. In this topic, the main emphasize will be on desire as a necessity, spectator identification which focuses on semantics and identification with both the camera and the characters. The cinematic sig nifier is an imaginary element that is absent, but despite its lack, its realization is still evident. Desire as a commodity Metz analyses the cinematic signifier from the viewpoint of the Freudian aspect on desires. These desires he believes when incorporated together make a combined set of aspects that are different from other art forms. This element must be well understood before the cinematic signifier can be dwelt on. Desire for the ego He views the cinema signifier as perceptual. This is because it stimulates more senses than any other art form. The sense of sight is satisfied by the fact that it is a visual medium. Everything we see from the shots, actors, actions and scenes is visual. This is the biggest sense that cinema aims at satisfying as this can go a long way in ensuring ones cinematic experience has been realized. The sense of hearing is because of the fact that it relies on the aspect of sound. Sound has gone through various stages of evolution in relation to cinema . This is from the silent era to the other periods that saw the necessity of other aspects of sound. Sound plays a crucial role in influencing perception. The incorporation of sound is in the dialogue, sound effects and choice of music. This is an advantage that cinema has over other art forms. It can simulate the senses as opposed to the different art forms that stimulate one sense e.g. Music relies on the sense of hearing whereas reading relies on sight.Advertising Looking for essay on art and design? Let's see if we can help you! Get your first paper with 15% OFF Learn More An important difference between cinema and other art forms such as theatre or the opera is the time and place factor. Despite the fact that these art forms are also perceptual that is stimulating the same senses i.e. Visual and auditory such as cinema they take place within real space and time. The actions and dialogue are all performed in front of the audience at the same time the perf ormance is taking place. In cinema, this is different as the actual content is recorded at a different time and location and then shown to the audience through a screen. The audience does not get to see what is unfolding at first hand. Cinema in a way can also stimulate the other three senses of smell, taste and touch. Taste can be brought out in the way the food is made to look. The use of things like colour, presentation and even the actions and words of a spectator can bring out this sense. Smell can be brought out through the words, actions and facial expressions of the characters. The sense of touch can be communicated to the spectator through how the surface looks i.e., if it is smooth or rough or through the words, actions and emotions of the spectators. Cinema can be used to bring out all these senses despite the fact that it is not happening in real space and time. He also argues that the perceived is not the reality but acts as a kind of mirror to it and this aspect is uni que to it in comparison to the different field of arts. He uses the example of a child held up to a mirror in which the child comprehends his or herself as being held by the mother who he describes as â€Å"its object per excellence.†This leads to the child to perceive his or her identity, which makes the child to form an ego. The difference, however, between cinema and this deduction is that cinema is not an actual perception of the person. The viewers’ personal experience is not the centre of attention. The viewer instead relates to something different that is governed by aspects that in a way are close to reality. It is a mirror to a different reality. The second desire achieved through cinema is the desire to desire. This refers to the passion to perceive. Most art forms utilize this factor of distance. E.g. In music it is received at a distance in relation to where it was recorded and where it is heard, even in theatre the performance is at a distance from the aud ience. This element of distance is explored by these art forms, but what stands out is the element of lack.Advertising We will write a custom essay sample on The Cinematic Signifier specifically for you for only $16.05 $11/page Learn More Since what is portrayed in the films is taken from real objects, which existed in a different time and space the spectator is still in a way removed from them. Despite the lack of the actual immediate experience, the spectator still gets to perceive what is contained in the final product hence still receiving the full experience. This desire is associated with voyeurism. The third desire is the desire for an object, which is satisfied by fetishism. This is in the fact that the audience knows what they are viewing is not real but they still want to watch it. That is why it is important to make the spectacle as real as possible through factors like the unfolding of events. They audience is aware that the characters, plot and story is fictional. They are aware that what they are seeing is not real but they knowingly filter out this factor so as perceive what is before them as real. (McCabe, 1974) He views the spectator as an artificial construct. This is because cinema can be used to bring out or make certain effects in the viewer such as causing some emotions in the spectator. The courses of renunciation as well as refutation are the procedures that are considered vital in the apprehension of the need. The film spectator exists in a state that is dreamlike. The spectator at one point believes that the story, plot and characters are real. This is still considered despite the fact that the spectator is fully aware that it is just a movie. This he attributes to disavowal. This he compares with fetishism and the castration anxiety of a child. Freud described disavowal as â€Å"a way of the subject refusing to acknowledge reality due to a traumatic event or other factors associated with it† (McCabe, 1974, p.44). This explanation is on child development. When a child perceives that the mother does not have a penis, he gets a fear of being castrated. The child believes that at one time, the mother also had a penis but due to reasons that he cannot comprehend has lost it. This gives the boys a fear of castration. The boy will then develop a way of forgetting what he has seen to deal with the trauma, and this can lead to the development of a fetish to try to cover up the trauma.Advertising Looking for essay on art and design? Let's see if we can help you! Get your first paper with 15% OFF Learn More This realization of a lack of in the child will make the child to develop two opinions. This factor is what Metz puts as the spectators ability to have two different experiences. In one the spectator knows that what he or she is seeing is fiction, while in the other case the spectator believes that what he or she sees on screen is real. Metz believes that for a good cinematic experience to be realized there must be back and forth shifting of consciousness and belief. Cinema as a technique of the imaginary Cinema has characteristics that are capitalistic and in line with the social industrialized epoch. The capitalistic aspect being that film relies on pictures and sounds this he describes as photography and the use of a phonograph. These he sums as the factors that are combined to lure ones ego and eventually end up satisfying ones desires. Cinema depends on key areas for its realization. These are the cinema industry, which is the recording of films to make profits, and the audienc es desire to watch movies. The second characteristic dwells on the necessity and aim of film, which is to satisfy the viewers’ desires. The cinema industry serves to finance a film as well as to research and modify various areas to satisfy the needs, taste and to bring something different to the spectators. This leads to the production of good films through the coordination and understanding between these sides hence making sure that the moviegoers continue to go to the cinema halls. The cinema writers, film historians, theorists and critics also contribute and influence a lot on cinema. Spectator identification with the camera The spectator identifies with the device that projects the image on the screen, which is the projector, the camera and lastly the screen. Metz stated, â€Å"The projector in context just duplicates the act of perception† (Metz, 1982, p.54). Vision has projective characteristics and characteristics that one acquires subconsciously, the spectator projects what he or she sees and then the data is translated back in a way that the spectator feels. Cinema just serves to duplicate this experience; the screen just records what is seen. Metz sums this up with the statement that the spectator is the projector receiving the information, the spectator is also the screen, and with the combination of these, the spectator is the camera, which is pointed and still recording. (Metz, 1982) Metz argues that the spectator identifies with the camera to a big extent. The spectator is in a way not in the screen but the fact that he or she is watching it and perceives it the cinematic signifier is realized. Spectators when watching a film become so focused in the film that they may not even be aware of themselves. This makes one identify with the camera completely. The cameras movements become the spectators’ movements. When the camera pans to the left, the spectator moves to the left and when it pans to the right so does the spectator. T he tracking shots also become the spectators’ movements and turns. Using different camera angles and movements, the spectator can be made to either be present or absent in the film. Spectator identification with the character Though the spectator knows what is unfolding before him or her is fictional, a feeling or form of connection is still made between the spectator and the character. The spectator connects with the character emotionally even when the character is not at the same place and time. The characters feelings become the spectators. The emotions shared become mutual between them. When the character is happy the viewer is also happy, when the character is sad the viewer also becomes sad and so on. This can only be realized through self-identification of the viewer first due to perception then after the spectator gets to identify with what is on the screen before identifying with the character (Lacan, 1989). Psychoanalysis, structure and the linguistic theory Metz ad opted a lot from the field of semiotics. He focused on how cinema can be used to signify or make the spectator to come up with meaning. The process of signifying depends on certain aspects which are mostly material signifiers these include images, words, titles, music in line with connotative and denotative meanings. He referred to the signifying practice as the way stories were told in movies. He evaluated cinematic equivalents that could be used to stand in for language and this made him to define codes that he believed worked in cinema. In order to understand text one has to break down these codes of signification or the meaning would be lost (Rushton, 2009). The different camera angles and shots also have various meanings, as a shot can serve to communicate meaning to the viewer, whether they know it or not. E.g. a close up can be used to highlight an important element that is being focused on in the film (Lapsey, 1989). Metz states that the analysis of cinema from a linguistic or semiotic angle is possible as it can be used to communicate. However, He maintained that in the language of cinema there is no intercommunication. There is uni-articulation and it is a replication of reality as opposed to the unmotivated arbitrary relationship between the signifier and the signified. The language of cinema comprises of both words and other smaller units. The smaller units are meant to bring meaning to the overall message or signification. Lapsey stated, â€Å"The narrative syntax is divided into eight parts ranging from the smallest segment to the largest part, which is the sequence† (Lapsey, 1989, p.37). Dreams and Fantasy This is focused upon in line with desire because although a spectator should always perceive the difference between a film, and dream, daydream and fantasy this aspect is important as through this desire the cinematic signifier is realized. Conclusion The imaginary signifier is what Christian Metz used in the understanding of the cinema tic signifier. He stresses on points such as identification, perception, lack and other factors in the understanding of the cinematic signifier. He describes and analyses the need for the element of desire as an important aspect in cinema. He focuses on the three types of desires. The first one is the desire for the ego, which is perceptual and is analyzed from the viewpoint of the characteristic of cinema of satisfying the sense of sight and hearing at the same time. The second desire he dwells on is the desire to desire. This is when the spectator overlooks the fact that there is the element of lack in the film and instead just enjoys it. The third is the desire for an object. The spectator experiences this through the fact that despite he or she knows that what is being viewed is not true in a way he or she still gets to enjoy it and perceive in some instances as if it is true. The role of the film industry as a whole makes a big contribution to cinema. The spectator gets to iden tify with both the camera as a medium and the characters on screen largely. Cinema relies on the use of signs; different things are put in a scene to mean different things. The use of semiotics has been used and is evident through the careful analysis of the titles, words etc. The absence of time and space is an important aspect in the study of the cinematic signifier. The cinematic signifier is a key element in the study of cinema. References Lacan, J 1989, Ecrits: a selection, Routledge, London. Lapsey, R 1989, Psychoanalysis in film theory: an introduction, Manchester University Press, Manchester. McCabe, C 1974, From realism and cinema, Longman , New York. Metz, C 1982, The imaginery signifier, Macmillan, London. Rushton, R 2009, Film, theory and philosophy, Acumen, Durham.

Research paper about Gasoline crises Example | Topics and Well Written Essays - 1750 words

About Gasoline crises - Research Paper Example Oil is essential for all the vehicles irrespective whether it is moving on air, water or land. Though many alternative solutions have been suggested as fuel instead of oil for vehicles like solar energy, electrical energy etc, nothing evolved as a permanent and convenient option yet. The exhausting of current oil sources has created major crises in the current world as many experts believe that the available oil resources may last for maximum 30 to 40 more years considering the nature of consumption at present. This paper briefly explains gasoline crises based on the oil price variations and its impact on global economy. Oil is an essential commodity for the world’s economy. It is impossible for us to think about our body without blood. Same way oil is the blood of world economy. Any problems in occurred in this blood (oil) can cause severe damages to the body (economy). Oil is an essential commodity required everywhere, but unfortunately the oil resources are confined to some areas or regions only which made oil trade an essential economic activity in the current world. Major oil producing countries have monopolized the world market and they have varied the prices of oil as per the supply and demand theory. Around three years before the oil prices has reached an all time high of around $ 150 per barrel whereas it has come down to as low as around $ 30 per barrel recently because of global financial crisis and low demand of oil products. America is one of the topmost oil consumers in the world because of the huge amount of automobile vehicles used for different purposes in this country. Irrespective of developed, developing or underdeveloped, all the countries need oil and the oil trade has started between countries as early as the oil and automobiles were discovered. One of the rapidly growing economies in the world Brazil has reportedly engaged in a, bilateral trade of US$ 8.192 billion in 2004 with the Arab countries. (BRAZIL:

Factors Used to Measure the Economy Essay Example | Topics and Well Written Essays - 500 words

Factors Used to Measure the Economy - Essay Example The essay "Factors Used to Measure the Economy" talks about such economic factors as the GDP, employment levels, inflation levels and the interest rates and tries to identify which of them is the best for this purpose. The GDP of a country is taken to be the value of all goods and services that are provided within the economic system. It can also be the total value which is added to a product at every stage of production whether the final product is a good or a service. It is measured on a period to period basis, therefore, it allows for easy comparisons to show how the economy has grown or shrunk over time. If the GDP of the United States grows from 10 trillion dollars to 11 trillion dollars in real terms over a one year period then it can be said that the American economy itself has grown by a trillion dollars in one year. Inflation level and interest rates are often connected with each other since both of them are dealing with the level of money which is being supplied to the economy. They are also popular in the media since they connect deeply with people’s abilities to borrow money and their money purchasing more goods and services (inflation). Interest rates refer to the cost of borrowing money which can be controlled by the government to slow down the economy if it appears to be overhearing or to increase economic output if the economy seems to be slowing down. Increasing inflation often means that prices are rising and unless wages keep up with rising prices, the standard of life for individuals is bound to go down.