Economic Perspective - 2203 Words

SS141 Macro-Economics Professor Patrick Yanez Study Questions – Chapter 1 These questions are to facilitate your discussion groups and/or tutoring sessions. Answers are listed at the end of this file. Since our class time is limited to introducing new topics, we do not have time to review these questions in class; please use your discussion group and/or tutoring session to review these questions. 1. For economists, the word utility means: A) versatility and flexibility. B) rationality. C) pleasure and satisfaction. D) purposefulness. 2. In economics, the pleasure, happiness, or satisfaction received from a product is called: A) marginal cost. B) rational outcome. C) status fulfillment. D) utility. 3. According to economists,†¦show more content†¦C) a principle. D) an anomaly. 21. Economists: A) use both the economic perspective and the scientific method. B) use the economic perspective but not the scientific method. C) make positive economic statements, but not normative economic statements. D) reject theorizing as being impractical. 22. The scientific method is: A) not applicable to economics, because economics deals with human beings. B) also known as the economic perspective. C) analysis that moves from broad generalizations called laws to theories and then to hypotheses. D) used by economists and other social scientists, as well as by physical scientists and life scientists. 23. The process by which economists test hypotheses against facts to develop theories, principles, and models is called: A) the economic perspective. B) the scientific method. C) policy economics. D) microeconomics. 24. Economic theories: A) are useless because they are not based on laboratory experimentation. B) that are true for individual economic units are never true for the economy as a whole. C) are generalizations based on a careful observation of facts. D) are abstractions and therefore of no application to real situations. 25. Theoretical economics: A) is also known as policy economics. B) is the process of deriving principles of economics. C) is highly impractical since it does not deal with the real world. D) rejects the scientific method as being inappropriate for the social sciences. Page 4 26. In constructing models,Show MoreRelatedMarket Structure Of An Economics Perspective Essay1728 Words   |  7 PagesIntroduction Market structure from an economics perspective is defined as the characteristics of the market that impacts the behavior or way firms operate, which economists use to determine the nature of competition, and pricing tactics of businesses in the market. 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Study Of Alcoholic Fermentation By Saccharomyces Cerevisiae

Study of Alcoholic Fermentation by Saccharomyces cerevisiae in presence of salt Alhasn Otaif Texas AM Corpus Christi Title of the Experiment: Study of alcoholic Fermentation by Saccharomyces cerevisiae in presence of salt. Abstract: In the present study the process of fermentation in yeast has been studied. The study of fermentation is very basic and important study in biology in order to understand and develop concepts about anaerobic respiration. This study aimed at determining how the process of fermentation was affected by the presence or absence of salt in the culture media. Also, it was studied how glucose and yeast are crucial to the process of fermentation and absence of any one of them might effect the whole process and led to the complete cessation of fermentation and failure to produce carbon-dioxide. Introduction: Fermentation is the process which is prevalent among certain micro-organism where potential energy conserved in certain organic molecules is converted into some useful form of energy (ATP) in order to do work. Mostly, in the absence of oxygen, cells are capable of breaking down carbohydrates by the process of fermentation. Baker’s Yeast or more commonly known as Saccharomyces cerevisiae is a single celled micro-organism which is capable of undergoing alcoholic fermentation in presence of carbohydrate in order to produce ATP, carbon-dioxide (CO2) and ethanol. The carbohydrate (glucose) that is utilized in the process is converted into twoShow MoreRelatedThe Study Of Wine Making728 Words   |  3 PagesThe study of wine making is known as Vinification. 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J.k Srivastava3427 Words   |  14 Pages ABSTRACT This training is include isolation of yeast from different resources, comparative study of their growth curves. Initially different natural resources were taken and with the help of microbiological techniques yeast were isolated. With the help of spectrophotoscopy growth curves of these strains were generated. Motive of the study was to trace out the difference in the strains. Sources were chosen on the basis of their difference in ecotype so that a variationRead MoreSelection Of Yeasts From Local Dairy Products Essay1999 Words   |  8 Pagesfruit pulp, [3] soil [4] and in some cases in association with insects. [5] Yeasts had found their application in various fields, like in making of alcoholic as well as non-alcoholic beverages, baking, bioremediation, nutritional supplements and probiotics. [6][7][8] Using yeast as part of bioremediation process has also been reported. 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Mythology of Today Free Essays

On the other hand there are many instances that show that Greek mythology still pulses through our veins and in our society; it’s only in a efferent form that what how we normally see the Greek myths. The stories we know from history have strong parallels in the currently worshiped religion of Christianity. There are several tales and characters in Greek myth that can be paired with books and people from Christianity. We will write a custom essay sample on Mythology of Today or any similar topic only for you Order Now First instance is the old Greek god Prometheus; he was the god whom gave us fire and the knowledge needed to allow mankind to grow and survive. When he did this he was then captured by Zeus and persecuted. His punishment was to be nailed to a rock and every day he’d have a giant eagle eat his liver and regenerate at the setting of each ay to do it again. Prometheus sacrificed himself for the well being of mankind. In a way, this character sound much like Jesus in modern day religion. Jesus was nailed to a cross as a sacrifice for the salvation of mankind. Prometheus is not the only one in Greek mythology that can be represented as Jesus, the later added Olympian wine god Dionysus shares some resemblance. Dionysus and Jesus are both the ones who game mankind the gift of wine and encourage a blissful lifestyle. The also both share the archetype of rebirth after death. Dionysus traveled to the underworld to search for his mother homo he never met and didn’t know anything about. He wanted to bring her to Olympus since he was now considered a Olympian god. Dionysus went to the underworld to save a person he didn’t know. Much like how Jesus went to hell after taking on the sins of all the humans on the earth. Then in a sense both Dionysus and Jesus rose up and were reborn from the place of the lowest level of existence. Almost all have heard the Flood story when Noah built a large boat to save himself, his family, and a pair Of all the animals in the world. Well in Greek mythology, there is also a flood story These religions also share the idea of giants and monsters once ruling the earth. In the Greek creation stories there were Cyclopes, Hysterectomies (hundred handlers) and the Titans. In Christianity there is a similar story with giants and large monsters that fight over the power of the world. Not many know of this book from Christian religious text because it was forbidden from the bible: the Book of Enoch. These giants in the bible were called Oenophile; they were half angel, half human, their fathers were renegade angels who fought god in order to help humanity, but in reality only lusted for human women. These beings that sprawled on every corner of the earth. Their appearance was similar to that in the Greek creation story as being these grotesque deformed creatures with great power. In the Book of Enoch, it states that God sent the Flood to dispose of these enormous beings that rivaled in power of god himself, much like how Zeus rivaled his father Crocus or how Crocus rivaled his father Chaos. Not only in common religion is there reminiscence of classical mythologies, they are also advertised, Worn, used, and distributed all over the globe. Almost everyone has used or at least seen an atlas, which was named from he titan that was forced to forever hold the world on his shoulders. Many people have also worn Mike products, the creators named there brand after the Greek god of victory. Then there is the Honda Odyssey and the Volkswagen Goes, named after the ten year long story of Odysseus and the Goddess of Dawn. Our culture even has sayings and terms like the Achilles Heel and having the Midas touch which are famous characters from Greek mythology. There are many more allusions and connections with Greek mythology to our culture. As was shone, Greek mythologies are alive and still a heavy influence on our ultra. Greek terms and names are thrown around everyday even if the meaning is not well known, many have the grand idea without the story behind it. So some people with this knowledge would argue with the belief that mythology is dying out They also are the people who may see the relations between classical mythology and currently worshiped religion. I use to say that mythology is nothing but a forgotten religion, but now I see that its really not all that forgotten. Which is why agree with professor Joseph Campbell when he said that â€Å"Myth is much more important and true than history. How to cite Mythology of Today, Papers