Fibonacci Essays - Fibonacci Numbers, Fibonacci, Numerals

Fibonacci Leonardo da Pisa, or more commonly known as Fibonacci , was born in Pisa, Italy in 1175. He was the son of Guilielmo Bonacci, a secretary of the Republic of Pisa. His father was only a secretary, so he was often sent to do work in Pisan trading colonies. He did this for many years until 1192. In 1192, Bonacci got a permanent job as the director of the Pisan trading colony in Bugia, Algeria. Sometime after 1192, Bonacci brought Fibonacci with him to Bugia. Bonnaci expected Fibbonacci to become a merchant and so arranged for him in instruction of calculational techniques. One of the major themes in this involved the Hindu-Arabic numerals which had not yet been introduced into Europe. Eventually, Bonacci enlisted his son's help in carrying out business for the Pisan republic and sent him on trips to Egypt, Syria, Greece, Sicily, and Provence. Fibonacci took this grand opportunity offered by his father, to study and learn the mathematical techniques employed in these various regions. Around 1200, Fibonacci returned to Pisa where, for at least the next twenty-five years, he worked on his own mathematical compositions. The five works produced by him in this period which have survived are: the Liber Abbaci; the Practica geometriae ; an undated letter to Theodorus, the imperial philosopher to the court of the Hohenstaufen emperor Frederick II; Flos , a collection of solutions to problems posed in the presence of Frederick II; and the Liber quadratorum , a number-theoretic book concerned with the simultaneous solution of equations quadratic in two or more variables. The most famous of these works is Liber Abbaci. The Liber Abbaci is Latin for ?The Book of Calculations?. This book was designed for the Latin-speaking-European-world to accept the decimal number system. The first chapter of Part 1 begins: These are the nine figures of the Indians: 9 8 7 6 5 4 3 2 1. With these nine figures, and with this sign 0 which in Arabic is called zephirum, any number can be written, as will be demonstrated. He also introduced a series in Liber Abacci. It is the Fibonacci sequence, named in his honor. The series begins with 0 and 1. After that, he added the last two numbers to get the next (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987,...) He discovered it as a solution to. In 1225 Fibonacci took part in a tournament at Pisa ordered by the emperor himself, Frederick II. It went as follows: Beginning with a single pair of rabbits, if every month each productive pair bears a new pair, which becomes productive when they are 1 month old, how many rabbits will there be after n months? After 1228, virtually nothing is known of Leonardo's life, except that by decree the Republic of Pisa awarded the 'serious and learned Master Leonardo Bigollo' (discretus et sapiens) a yearly salarium of 'libre XX denariorem' in addition to the usual allowances . This stipend rewarded Fibonacci for his pro bono advising to the Republic on matters involving accounting and related mathematical matters. Fibonacci died some in 1250, presumably in Pisa. Mathematics

cancer1 essays

cancer1 essays Most cancers are named after the part of the body where the cancer first starts. Lung cancer begins in the lungs. The lungs are two sponge-like organs in the chest. The right lung has three sections, called lobes. The left lung has two lobes. It is smaller because the heart takes up more room on that side of the body. The lungs bring air in and out of the body, taking in oxygen and getting rid of carbon dioxide gas, a waste product. The lining around the lungs, called the pleura, helps to protect the lungs and allows them to move during breathing. The windpipe (trachea) brings air down into the lungs. It divides into tubes called bronchi, which divide into smaller branches called bronchioles. At the end of these small branches are tiny air sacs known as alveoli. Most lung cancers start in the lining of the bronchi but they can also begin in other areas such as the trachea, bronchioles, or alveoli. Lung cancer often takes many years to develop. Once the lung cancer occurs, cancer cells can break away and spread to other parts of the body. Lung cancer is a life-threatening disease because it often spreads in this way before it is found. Imaging tests: these tests use x-rays, magnetic fields, sound waves or radioactive substances to create pictures of the inside of the body. Some of the imaging tests used to find lung cancer and to see where in the body it may have spread include x-rays, CT scan (computed tomography), MRI (magnetic resonance imaging), PET (positron emission tomography) scans, and bone scans. Sputum cytology: a sample of phlegm (spit) is looked at under a microscope to see if cancer cells are present. Needle biopsy: a needle is placed into the tumor to remove a piece of tissue. The tissue is looked at in the lab to see if cancer cells are present. Bronchoscopy: a lighted, flexible tube is passed through the mouth into the bronchi. This test can help find tumors or it can be used to take samples of tissue...

Project Procurement1 Essay Example | Topics and Well Written Essays - 1000 words

Project Procurement1 - Essay Example In reality it is not as simple as it seems because the choice can rotate from small matters such as if a company makes turbine generators they might have to consider either to set up ball bearing manufacturing machine with in their business premises or should they simply purchase it from outside or for instance a car manufacturing company might consider making a engine or purchasing it from outside resources. The buy or make decision does not only pertain in manufacturing companies but it is also found excessively in outsourcing companies for instance a data processing company will think if they should hire data entry employees or give them out to specialized service providers (Probert, 1997). Till the twentieth century many of the companies were manufacturing all their components in house. While some companies like Ford Motor Company was not only extracting the iron ore from their own plant but was also fabricating the equipment needed to assemble the car on the other hand Toyota had started purchasing three fourth of their entire raw material from the suppliers and were only focusing on assembling the car parts together. As years passed the trend of purchasing from outside resources has become more and more common. The trend is more common amongst the service businesses such as fleet management, billing and collection, fleet management and man power recruitment. The Business Process Outsourcing has become extremely popular. The companies are now outsourcing their entire value chain to other companies both locally and outside the boundaries of the county. The best example of outsourcing would be the IT outsourcing industry which has grown from 131 billion to $ 160 billio n in 2006 (Mahadevan, 2008). Whether to buy or whether to manufacture is a question that is always on the minds of the procurement team. There are various issues that are associated with the buy or make decision making such as firstly the team has to decide whether

The Controversial Approach of the Bank of England Essay

The Controversial Approach of the Bank of England - Essay Example This report presents a critical overview of the approaches adopted by the Bank for the sake of economic recovery in the country. Considering the devastating effects of the recent financial crisis, the Bank of England considered it essential to improve liquidity position through initiating â€Å"liquidity support operations† (Joyce). The intention behind these operations was to facilitate interbank market with more readily available funds. The Bank, in this regard, outstretched its normal operations by way of enabling commercial banks to obtain funds more easily. In addition to these initiatives, the Bank also considered other measures, such as, the introduction of â€Å"Special Liquidity Scheme† which enabled banks to exchange their assets with T-bills, which otherwise could not be materialized on short notice. This facility later was referred to as the â€Å"Discount Window Facility† (Joyce). However, these policies were brought into action after the Bank loosen ed the monetary policy by way of lowering down interest rates significantly. Although, the purchase of public and private assets was termed as a policy measure by the Bank, but in fact, these actions were forced to be taken by the Bank since the earlier loosening of monetary policy came out to be ineffective in achieving the 2 percent rate of inflation (Joyce, Tong and Woods). ... The growth trends in the UK economy from the first quarter have all been recorded in negative, i.e. – 0.1 percent, - 1.2 percent, 0 percent, - 1.4 percent, - 0.5 percent and – 1.3 percent. On the other hand, like other sectors of economy, the output of the construction sector of the UK declined significantly by 5.2 percent during the second quarter of the current fiscal year (Richards). According to the critics, the public and private assets purchasing policy of the bank proved to be detrimental itself for the economy as the Bank of England swapped financial assets with the commercial banks so as to increase the backup reserves of the banks, which could be used to further increase their lending operations in the market. But on the other side, the loosening of monetary policy and decline in interest rates meant that the deposits made by public in the bank were valueless. Moreover, the lowering down of interest rates also decreased the targets for businesses in the UK whi ch were set in relation to the returns expected on equity and capital of the firms. At the same time, it was also expected that the increased inflation rates would turn into increased demand and thus such increase in demand would lead to economic revival in the UK and would also improve lending operations in the UK financial market (Auerback). However, things went opposite to what was expected; as reported in the recent publication of the British Bankers Association, the mortgage lending for the month of June came out to be ? 7.2 billion, which if compared with the latest semi-annual averages was less than by ? 0.8 billion. Further, forecasting of mortgage lending shows that this declining trend

Social Construction of gender Research Paper Example | Topics and Well Written Essays - 1000 words

Social Construction of gender - Research Paper Example These include the mesosystem, exosystem, chronosytem, microsystem, and the macrosystem (White, Livesey, & Hayes, 2012, p.16). This paper will give a limelight on the theory, including the five layers and also develop a marriage related genogram to detail more on family development. The ecological systems theory is important and was proposed by Bronfenbrenner in an attempt to move away from the conventional focus that perceived the immediate environment of an individual to be more important than the relationships. He also wanted to focus on the development process and not necessarily concentrate on the isolated variables at a particular period of time. Most of the models place more emphasis on nurture versus nature in the development of people. Nevertheless, the ecological systems theory looks closely at the person’s environment in terms of context and quality. In his theory, Bronfenbrenner theorized five major environmental related factors that tend to impact development and growth in a person. They include the exosystem, mesosystem, microsystem, and the chronosystem (White, Livesey, & Hayes, 2012, p.16) The microsystem is the layer that is in close and direct contact with a child. It encompasses close ties within the family and the interactions that a child has with their family, school, neighbors, or hospital among others. Therefore, the theory claims that people are not merely recipients of the main occurrences or experiences that they get when socializing with people in the micro-system level or environment. However, they play a major role in contributing to the development and the construction of such an environment. This means that parents tend to influence the beliefs of their children and vice versa. Under this level, an individual is an active participant and is influenced by his or her immediate environment. Various scholars have been applying the microenvironment concept to comprehend the development of a

Impact of Contemporary Globalisation on Thailand

Impact of Contemporary Globalisation on Thailand Introduction Contemporary globalization is defined as the final wave of globalization, and is characterized by the acceleration and intensification of the technological, cultural, religious, economic and political integration (Gerle 2000). Although this has led to development and advancement in many countries around the world, it has raised issues in many parts of Asia facing religious and social concerns. This essay will argue that contemporary globalization will raise issues in the traditional social and religious visible in two Asian nations, Thailand and Malaysia. The values that will be discussed is in relation to the paper are the Buddhist and Collectivist values for the Thai, and Islamic values for the Malays. Thailand and Malaysia are countries that are similar in the fact that they have both dominant religions that are closely linked with their way of life. Both countries are multiethnic and multicultural but Malaysia has a higher percentage of 50% ethnic Malays and 60% of the country practicing the Islamic faith (Nations Online 2011). In Thailand, it has majority of Thai which is 75% and with 94.6% of the country practicing the Buddhist faith (CIA 2011). First this paper will discuss the conflict that occurs in the business culture of Thailand and Malaysia. Next, it will explain how contemporary globalization is intertwined with popular culture, or ‘pop culture, and has placed a significant Western influence upon the youth of Thailand and Malaysia, and has changed their social ideology compared to the traditional ideology. Finally, the paper will identify how globalization has led to conflict with the conservative religious values that exist in Thailand and Malaysia. Business culture in Thailand and Malaysia The global spread of Multinational companies (MNCs) has led to the popularity of conducting a business in a Western style, which has led to conflict in the traditional Thai and Malay business culture. In research conducted by Niffengger, Kulviwat and Engchancil (2006), traditional Thai business culture is strongly influenced by Buddhism.It explains that business is run in Thailand in a uniquely paternal style, and although the relationship between superior and subordinate is, â€Å"formal and authoritarian, the boss is expected to be benevolent and paternalistic† (Leppert 1996).   An example of how differently a local Thai business operates in comparison to a Western MNCs is visible in the example of the Siam Cement Group in 1998, when they â€Å"reported a loss of 52.5 billion Baht but did not lay off a single one of their 35,000 employees†, while on the other hand, â€Å"Kmart in 2003, laid off 57,000 of their staff to avoid bankruptcy and even closed one thirds of their stores† (Niffengger et al 2006 p. 409). It is just from the fundamental way of operating a business in the West that has come about from contemporary globalization which is very foreign to the Thai, and brings issues in the social and business aspect. For example, sexual equality was not common until the early 20th century due to Western influences upon Thailand and it is still seen as untraditional or unconventional in a traditional Thai business for a woman to be in a managerial level (Thaiways 2002). Through the influences of Western values which has come from contemporary globalization, traditional Thai business values face a dilemma on how to preserve their traditional business culture in the midst of the increasing MNCs. Malaysias business practice bias is visible through the Bumiputra policy, meaning â€Å"sons of the soil†, which is the preferential treatment of the native Malay people. The Bumiputra came about from the New Economy Policy (NEP) in 1971 with goals to alleviate poverty and social and economic imbalances through equity ownership, employment, and other fields. Stoever (1985) explains the fields that ownership of productive resources should be 30% in the Bumiputra hands, for public and private corporations the Bumiputra should be 30% of the employees. Finally, Malays are given other advantages in university admissions, bank loans and credit access. Although the Bumiputra policies are deeply imbedded into the Malaysian business culture, there are numerous ways that the Western practices of business have placed a significant amount of complication in the traditional Malay businesses. The traditional Islamic way of establishing the economy was from, â€Å"the desire to defend Islamic civilization against foreign cultural influences† (Kuran 1995 p.15). However, due to contemporary globalization the influence of the â€Å"Western secular system and capitalistic culture has been slowly adopted by a growing number of Malay business† (Mutalib 1993). The adoption and the continuation of coming into contact with the capitalist business culture of the West will endanger the survival of the Muslim culture, as argued by Al-Maududi (cited in Ahmad 2009), because it may result in complications to differentiate the Western and Muslim mindset and lifestyle. Although Malaysia has a strong protection for the ethnic Malays as seen wi th the Bumiputra policies, the gradual influences of the Western business culture is starting to endanger the security of the Malays and the way they conduct business. Popular Culture in Thailand and Malaysia Advancements in technology allows the Western media to be easily accessed by almost everyone in the nation, which will bring issues with the traditional lifestyle as the youth become more interested in what the Western media brings. Pop culture is commonly connected to cultural imperialism because it the Western film, television programmes, and music is known to impose bourgeois values and capitalist ideology (Berger 2008). There are many causes of the introduction of pop culture and the impact is has placed upon Thailand, like Tourism and Media. Tourism was one of the earliest forms of the introduction of pop culture in Thailand. Westerners make up a significant portion of the Thai tourism industry, and leave an imprint of their culture behind. Thailand has won many tourism awards and is the first in the world for having the Best Tourist country for five consecutive years (Asiativ 2011). However, that has led to a form of ‘neo-colonization in consumerism and tourism. What tourism can do in a political economy approach is that developed metropolitan cities often impose their values on developing countries; in addition, the recipient countries face environmental, social and economic problems (Chang and Raguraman 2001). Furthermore, in order to accommodate the influx of tourism, Bangkok, which is the capital city of Thailand, reformed itself so that it will have an ‘Old Bangkok, where the roya l palace and historic temples are located, and a ‘New Bangkok, where there are numerous shopping malls, hotels, and skyscrapers (Burke, Brash, and Bush 2010). Thailand is slowly losing its traditional characteristics within the cities. Besides tourism, Berger (2008) also added that Thailand was going through rapid modernization and was losing their Thai identity and becoming more ‘Americanized due to the western media. It is telling how from Rodcumdees (2002) research, the media is becoming the most common way for locals to learn more about the West; television being the first and the internet and Western music as the 4th most popular medium. Due to Thailand accommodating tourist needs and influence from Western culture and habits that the tourists leave behind, as well as the accessibility of the Western media, this culminates in the erosion of Thailands authentic and exotic traditional values. Malaysia is also at a similar situation where pop culture influences the youth of the nation, especially for the ethnic Malay population. The Malaysian former Deputy Prime Minister, Anwar Ibrahim delivered a speech   in The Straits Times (cited in ed. Souchou   2001) where he described his concern of media and technology because, â€Å"in recent years there have been an overwhelming, almost imperialistic diffusion of Western or Western-influenced cultural products.† The issue in Malaysia is that the youth are absorbed in wanting to be like their idols that they see on MTV or eating McDonalds or KFC instead of eating their local delicacies. It is further explained by (Jayne 2003) that it is also partially the state governments responsibility that the youth are being influenced by pop culture because of the lack of support for local pop culture that youths have no other choice but to search for their individuality or values in the western media which is e asily accessible and popular globally. The lack of support for the local pop culture and the accessibility of the Western pop culture through contemporary globalization have caused the Malay youths to wander away from the traditional social values and practices. Way of Life in Thailand and Malaysia Finally, through the discussion of the two different aspects of contemporary globalization, it is significant to discuss the most crucial aspect of how globalization comes into conflict with the traditional way of life of Malaysia and Thailand due to their daily life being intertwined with religion. In Thailand, there is a strong impact of contemporary globalization bringing issues to the traditional way of life for Thailand. The difference between the youth and the older generation as discussed in how pop culture is causing Thailand to lose its religious, cultural, and traditional way of life; moreover, it is leading to more dilemma. The forces of contemporary globalization did not stop at just imposing its Westernized culture, but also spread its influence to hybridizing the Buddhist religion of Thailand, which has caused an uprise and several issues in the nation. It is explained by Kitiarsa (2005) that this ‘hybridization has led to the rise of many public religious movements that are â€Å"responses to the wider, largely economic-impersonal forces of globalization that have profound ramifications for Thai social life.† It is discussed by Geert Hofstedes Cultural Theory that the West and Thailand have a significant difference as to how Buddhism is deeply interwo ven into the way of life for the Thai people (Niffengger et al. 2006). For example, the Thai people believed in the predestination of human life, and how it cannot be altered or changed. However, through Western influence of how an individual has the power to change his or her destiny, this belief is challenged (Thaiways 2002). These Western ways of thinking through contemporary globalization has influenced the traditional Thai values and is shifting the way of life to the people which endanger the preservation of the Thai values.   In Malaysia contemporary globalization is eroding the traditional social values and practices that have flourished in the nation for years. In Malaysia, many Muslims have started to adopt the ‘Hi/Hello culture, which contrasts with the Islamic greeting which is ‘Assalamu Alaikum (May peace be on you) because while the Western greeting does not carry any â€Å"emotional attachment or blessings to someone. The Islamic greeting not only expresses emotional attachment, but also conveys blessings of peace for the person being greeted† (Nurullah 2008 p. 6). Through this influence and visible change in the country, Malaysia is starting to feel a form of threat from this ‘Westernization and is further explored by Gerle (2009) that in Malaysia, the state attempts to â€Å"recreate a Muslim identity in order to protect oneself against the West, in terms of economic dominance as well as values.† However, it is uncertain whether this attempt will succeed or not du e to the wide influence that contemporary globalization already spread itself to. Conclusion The impact that contemporary globalization has on Thailand and Malaysia through the advancement of technology, introduction of foreign companies, and culture can be seen through this essay to be having a significant amount of challenges to the traditional religious and social values. Through the examination of the Buddhist Thai business culture and the Islamic Malay business culture, it is visible that the Western business culture is more individualistic, while the Thai and Malay business culture focuses on conformity, importance of religious practices, and taking care of the business as family. In addition, pop culture has caused the Thai and Malay youths identity to be more ‘Americanized due to the increase of western media and internet access. Finally, the cultural and social practices, and the way of life of the Thai and Malay people is changing due to contemporary globalization like way of speech, daily lifestyles, and changes in their traditional religious practices is starting to distance the people from their traditional way of living. There are attempts taken by the government and people who are passionate in keeping their traditional social and religious values. But from observations of the examples of the impact of contemporary globalization, this seems to be a challenging task indeed.

Ict In Schools A Means For Transforming Teaching Education Essay

The application of Information and Communications Technology ( ICT ) in schools is perceived as a agency for transforming instruction and acquisition procedure, and has therefore been met with important enthusiasm. The underdeveloped universe besides perceives ICT as a tool that will advance socio-economic, political, and sustainable development and as portion of the nucleus of instruction, aboard reading, composing and numeracy. This perceptual experience is emphasized in schools in Ghana. Students and students can make their prep on the cyberspace, because such services and installations exist on the cyberspace. The cyberspace can besides ease high quality instruction in the schoolroom every bit good as enrich the learning accomplishments of instructors. Harmonizing to Griffiths ( 1999 ) , in most underdeveloped states, though information engineering has been introduced, it is non to the full incorporated. In Ghana, witting attempts are being made by authorities to distribute the usage of information engineering in all sectors. As a consequence, the authorities of Ghana has passed a policy ( ICT for Accelerated Development ) to defend the class in advancing information and communications engineering in Ghana. In the ICT for Accelerated Development Policy, it stated that â€Å" policy attempts shall be directed at utilizing ICTs to ease system of E-learning and E-education every bit good as life-long acquisition within the population at big † .1.2 Statement of the ProblemIn order to accomplish the aims of the new educational reform ( 2007 ) and ICT4AD policy of the state, coachs and pupils should be encouraged to develop involvement in the usage of ICT Tools such as Web Based Learning ( WBL ) Tools to heighten instruction and a cquisition of the class. This is premier exampled by the manner coachs and pupils of Konongo-Odumase Senior High School abandon the usage of WBL Tools. The coachs and pupils are supposed to take advantage of WBL Tools to heighten instruction and larning yet as it is now, they do n't. It is as a consequence of this job that, the research worker seeks to utilize the WBL tools to better instruction and acquisition.1.3 Purpose of the StudyThe chief intent of this survey is to better instruction and acquisition of ICT in Konongo-Odumase Senior High School. This intent is intended to be achieved by look intoing into the non use of WBL Tools. The information gathered will assist convey out intercessions that would better instruction and acquisition of ICT through the usage of WBL. Specifically, this survey is aimed at: Use appropriate methods to heighten pupils understanding during ICT lessons. Use immediate feedback to pupils to actuate them to analyze the topic. Monitoring pupil ‘s public presentation through WBL Tools. Keeping the involvement of both coachs and pupils in the instruction and larning procedure by utilizing an easy manner of accessing information.1.4 Research QuestionsHow will you utilize WBL to assist actuate pupils to go active in the survey of ICT? What method of learning will outdo aid to better instruction and acquisition? To what extent would the given of immediate feedback to pupils actuate them to analyze ICT? Is it utile for instructors to utilize WBL Tools to learn? How will the pupils develop involvement in the class?1.5 Significance of the StudyThe result of this survey would convey to bare the importance of WBL to schools and other affected establishments in general. It will assist make a more efficient mechanization for the modern-day coach to student instruction and acquisition procedure. It is hoped that this survey will convey to bare the demand for WBL Tools and sharing of resources with the schools with connectivity.1.6 Restriction of the StudyIn malice of all the attempts put into the survey by the research worker, the research was saddled with the following jobs, which were possible reverse that influenced the concluding consequence. Not all the questionnaires administered were responded and returned. Time restraints in footings of limited periods to subject the long essay and other immaterial factors facilitated the choosing of Konongo-Odumase Senior High School. Some respondent intentionally or out ignorance gave inaccurate responses. Some respondents were hard to be interviewed due to their heavy agendas therefore the figure interviewed was smaller than anticipated.1.7 Boundary line of the StudyAll pupils in all secondary schools in Ghana offer ICT as a topic. However, this survey is narrowed down in range to fiscal and clip restraints. It hence confined itself to merely first twelvemonth pupils and a few coachs.Chapter TwoLiterature ReviewDefinition of Web-Based DirectionKhan ( 1997 ) defines Web-Based Instruction ( WBI ) as: â€Å" †¦ a hypermedia-based instructional plan which utilizes the properties and resources of the World Wide Web to make a meaningful acquisition environment where acquisition is fostered and supported. † Relan and Gillami ( 1997a ) define WBI as: â€Å" †¦ the application of a repertory of cognitively oriented instructional schemes within a constructivist and collaborative acquisition environment, using the properties and resources of the World Wide Web. † Web-Based Instruction, besides called Web-Based Training, is defined by Clark ( 1996 ) as: â€Å" Individualized direction delivered over public or private computing machine webs and displayed by a Web browser. WBT is non downloaded CBT, but instead on-demand preparation stored in a waiter and accessed across a web. Web-based preparation can be updated really quickly, and entree to developing controlled by the preparation supplier. † Though the above definitions are non indistinguishable, there is a common subject, which is that WBI takes advantage of the Internet and World Wide Web to present information.Importance of Web-Based DirectionWBI, which is an emerging field in instruction, is however, a portion of the rapid growing that is the Internet. Reasons for the growing of WBI include: promotes growing of distance instruction economically ( dependable and cheap beginning ) as compared to computing machine based preparation, unrecorded broadcasts, picture tapes, and so on, ( Relan and Gillani, 1997b and Santi, 1997 ) , enables scholars who prefer or are required to larn outside traditional schoolrooms to go to categories at their places or offices, ( Bannan and Milheim, 1997 ) , and provides bringing medium, content supplier, and capable affair in one bundle, unlike other mediums, such as computing machine based preparation, that require a separate bringing mechanism ( McManus, 1996 ) . Nichols ( 1995 ) predicts that: â€Å" The possible benefit from explicating rating methodological analysiss for the Web [ for instructional stuffs ] depends on whether or non the Web will go a lasting medium or a passing craze? In fact, the Web will probably shortly go the most popular medium for the bringing of distance instruction type stuffs. † The development of information engineering has easy changed the manner people interact with computing machines. This alteration has besides reached the learning procedure: distance acquisition, where pupil and instructor are connected by engineering alternatively of a schoolroom, is going a feasible option to traditional instruction methods, and is poised for major growing over the following several old ages. However, understanding how to utilize the World Wide Web ( WWW ) to back up preparation and acquisition activities presents a significant challenge for the interior decorators and judges of this emerging engineering. Particularly they have to understand how communicating and interaction, two cardinal characteristics of the acquisition procedure, are changed by the computing machine engineering. Furthermore, they have to research the possibilities of successfully teaching via webs while turn outing the acquisition and cost effectivity of these advanced systems. Get downing from t he theoretical background presented in Chapter 2 and 3, we present a model for the development of web-based acquisition environments. These tools can be considered a peculiar signifier of interactive multimedia: computer-stored information, which is connected and retrieved via links. An interesting development of interactive multimedia analyzed by the text are shared interactive multimedias, new Internet tools in which different users, who are at the same time shoping the same web site, can pass on with each other. The usage of computing machine engineerings to heighten larning began in late '60s with the attempts of innovators such as Atkinson and Suppes [ 1, 2 ] . Since that clip the presence of computing machine engineering in schools has increased dramatically, and anticipations are that this tendency will go on to speed up. In peculiar, the visual aspect of Internet-based information and communicating engineerings is altering how preparation is being conducted in many colleges, universities and private companies. As noted by Federico [ 3 ] â€Å" we are in the thick of a paradigm displacement in instruction and preparation from schoolroom centric to web centric † ( p.653 ) . On one side the development of information engineering has easy changed the manner people interact with computing machines. Technological progresss have bit by bit shifted the focal point off from computing machines as such, and toward what people really do with them. The most apparent mark of this alteration has been the creative activity of wholly new synergistic communicating environments like Computer Mediated Communication and Computer Supported Collaborative Work made possible by the increasing power and flexibleness of today ‘s information engineering [ 4 ] . In fact non merely does the usage of the World Wide Web non vouch effectual larning [ 6 ] . Inappropriate utilizations of engineering may impede acquisition. For illustration, it is good known that pupils can blow a batch of clip surfing the Internet. The first studies of Web-based Learning appear in the early 1990s edifice on 30 old ages of computer-assisted direction. Advocates claimed computer-assisted direction is superior to text-based, talk, and traditional educational methods for grounds that include control by the scholar over content, clip, and topographic point of acquisition ; sweetening of acquisition, logical thinking, and efficiency ; and cost nest eggs. Many surveies that reported advantages contained methodological defects and reported advantages unrelated to computer-specific characteristics. Web-based acquisition ( WBL ) represents a farther development of computer-assisted direction. Technical advantages of WBL include cosmopolitan handiness, easiness in updating content, and hyperlink maps that permit cross-referencing to other resources. These proficient progresss, specifically hyperlink and seeking capablenesss, fit the constructivist larning theory, where scholars search out and make their ain cognition bases. However, as was apparent with computer-assisted direction, possible advantages may non interpret into important betterments in educational results. Web-based larning environments can function as motivational, instructional, mold, feedback, and appraisal tools. These environments besides can impact the cognitive and societal behaviours of pupils ( Mayer 2001 ; Wallace 2001 ) .What is web-based acquisition?Web-based acquisition encompasses all educational intercessions that make usage of the cyberspace ( or a local intranet ) . There are presently three wide categorizations or constellations within WBL: tutorials, on-line treatment groups, and practical schoolrooms. The differentiations between these constellations are frequently blurred, and in fact a given WBL intercession might utilize a combination of two or three, but the deductions for learning warrant a conceptual, albeit at times arbitrary, separation. On-line tutorials are similar to face-to-face talks. They by and large consist of information structured by the instructor in a manner that will ( hopefully ) facilitate acquisition. Tutorials are frequently enhanced by char acteristics such as multimedia ( sound, images, films, and lifes ) , links to online resources ( full-text diary articles or related web sites ) and other countries within the class, and self-assessment tools. Effective online tutorials frequently besides make usage of schoolroom instances. Online treatment is similar to the face-to-face little group session. As with any little group, there may be an component of didactic instruction from the teacher ( eg a brief tutorial ) but the bosom of the instruction lies in group treatment. Teachers take on the function of facilitators – specifying the range of the treatment, monitoring and steering the treatment as needed, and supplying or assisting pupils to happen extra resources. Communication among group members can be asynchronous ( hold between directing a message and having the response ) or synchronal ( unrecorded ) . Virtual schoolrooms are computer-based simulations of schoolroom brushs. It is besides deserving observing wha t WBL is non. The cyberspace has found many maps in ICT instruction in which the primary purpose is non an educational intercession designed for web-based bringing. These include archives of face-to-face talks ( eg Power- Point slides or videotaped talks ) and class course of study, on-line disposal of trials and class ratings, and administrative communications. While surely utile, these maps do non represent WBL.The Role of WBLTsWeb-based acquisition tools ( WBLTs ) , besides referred to as larning objects in the literature, are defined in this survey as â€Å" synergistic web-based tools that support larning by heightening, amplifying, and steering the cognitive procedures of scholars † ( Agostinho, Bennett, Lockyer, & A ; Harper, 2004 ; Butson, 2003 ; McGreal, 2004 ; Parrish, 2004 ; Wiley, et Al. 2004 ) . WBLTs offer two notable characteristics that can cut down the impact of possible obstructions instructors face when utilizing engineering. First, typical WBLTs are designed to concentrate on specific constructs, doing them easy to larn, easy to utilize, and more attractive to busy pedagogues who have small clip to larn more complex, advanced package bundles ( Gadanidis, Gadanidis, & A ; Schindler, 2003 ) . Ease of usage besides makes WBLTs more toothsome to instructors who are discerning about utilizing engineering ( Kay, Knaack, & A ; Muirhead, in imperativeness ) . Second, a broad scope of WBLTs exist including drill-and-practice appraisal tools ( Adams, Lubega, Walmsley, & A ; Williams, 2004 ) or tutorials ( Nurmi & A ; Jaakkola, 2006 ) , video instance surveies or supports ( Kenny, Andrews, Vignola, Schilz, & A ; Covert, 1999 ; MacDonald et al. , 2005 ) , general web-based multimedia resources ( Van Zele, Vandaele, Botteldooren, & A ; Lenaerts, 2003 ) , and selfcontained synergistic tools in a specific content country ( Bradley & A ; Boyle, 2004 ; Cochrane, 2005 ) . Furthermore, in contrast to other larning engineerings burdened with execution challenges and costs, WBLTs are readily accessible over the Internet and instructors need non worry about inordinate costs or non holding the latest version ( Wiley, 2000 ) . It is speculated that the wide choice of readily accessible WBLTs will do it easier for instructors to incorporate WBLTs into a schoolroom environment. In drumhead, barriers to utilizing engineering reported by instructors such as clip, limited accomplishment, fright of engineering, and limited entree to engineering are partly addressed by easy-to-use WBLTs that are readily accessible in a broad assortment of pedagogical formats.WBLT Research in Middle and Secondary School ClassroomsExisting WBLT or larning object research is limited to the sphere of higher instruction. Out of the 41 empirical surveies reviewed for this paper, 29 ( 70 % ) focussed on WBLT usage in higher instruction, whereas merely eight ( 20 % ) examined WBLT usage in center or secondary school schoolrooms ( Brush & A ; Saye, 2001 ; Ilomaki, Lakkala, & A ; Paavola, 2006 ; Kay & A ; Knaack, 2007a ; Kong & A ; Kwok, 2005 ; Liu & A ; Bera, 2005 ; Lopez-Morteo & A ; Lopez, 2007 ; McCormick & A ; Li, 2006 ; Nurmi & A ; Jaakkola, 2006 ) . Four surveies examined in-between school pupils ‘ usage of WBLTs. Kong & A ; Kwok ( 2005 ) looked at nine-year-old pupils ‘ independent usage of WBLTs for 15-20 hours while trying to larn about fractions. Students who used WBLTs significantly outperformed pupils who did non utilize WBLTs. Ilomaki et Al. ( 2006 ) examined 11 and 12 twelvemonth old pupils utilizing WBLTs to analyze eating wonts. Teachers and pupils did non measure the effectivity of the five hebdomad, WBLT unit, but the pedagogical schemes used by the teachers were described in item. Liu & A ; Bera ( 2005 ) examined in-between school pupils ‘ usage forms with regard to a scope of WBLTs. Eighty-two per centum of the pupils generated successful solutions utilizing WBLTs. Finally, Nurmi & A ; Jaakkola ( 2006 ) reported that synergistic, simulation-based WBLTs produced significantly better consequences than drill-and pattern WBLTs. Five surveies looked at the usage of WBLTs in the secondary school schoolroom. Brush & A ; Saye ( 2001 ) reported that pupils tended to look at superficial content in a WBLT when left to their ain devices and that more active counsel and construction was needed when utilizing information based WBLTs. Ilomaki et Al. ( 2006 ) explored the pedagogical affordances of WBLTs in three countries: nutrition, sense of the encephalon, and multiple intelligences. Kay & A ; Knaack ( 2007b ) used a comprehensive appraisal tool to measure the usage of WBLTs and found that overall utility, clear instructions, organized layout, and good theme/motivation were peculiarly of import to pupils. Lopez-Morteo & A ; Lopez ( 2007 ) reported that pupils perceived synergistic, recreationbased, collaborative WBLTs positively. Finally, McCormick & A ; Li ( 2006 ) completed an extended survey analyzing the attitudes of 770 secondary schools instructors from six different European states toward utilizing WBLTs from the CELEBRATE aggregation. Overall, 70 % of the instructors thought WBLTs were utile. Just over half the instructors felt WBLTs were good designed, although this was clearly dependent on the type of WBLT chosen. Over 50 % of instructors experient Internet jobs while utilizing WBLTs. In add-on, approximately 60 % of all teachers thought WBLTs improved their instruction and felt that pupils were more engaged. Overall, WBLT-use research is positive, albeit slightly ad hoc and inconsistent in informations aggregation schemes. Two surveies gathered user public presentation informations, ( Kong & A ; Kwok, 2005 ; Nurmi & A ; Jaakkola, 2006 ) , four surveies collected descriptive informations ( Brush & A ; Saye, 2001 ; Ilomaki et al. , 2006 ; Liu & A ; Bera, 2005 ; McCormick & A ; Li, 2006 ) , one survey implemented a formal study ( Kay & A ; Knaack, 2007a, 2007b ) , and one survey accumulated anecdotal studies ( Lopez-Morteo & A ; Lopez, 2007 ) . With the exclusion of McCormick and Li ‘s ( 2006 ) paper, all eight old surveies looked at pupil perceptual experiences entirely ; teacher feelings of how good the WBLTs worked were non examined.Feedback in web-based acquisition applicationsTesting and appraisal are widely used in web-based acquisition applications, and e-learning Systems. Computer-based testing has a figure of advantages, viz. : facilitation of informations analysis coevals of speedy or sometimes even immediate consequences decrease of clip for trials development addition in user motive in the instance of frequent measuring possibilities of proving at any clip entreaty to a great figure of users/respondents with a big assortment of penchants, features, instruction, ends, etc. By and large, there exist many types of jobs of proving and appraisal in web-based larning systems, including both more proficient 1s such as user individuality confirmation and security issues and more general facets such as personalisation and version of assessment procedure. Lack of interaction between pupils and instructors is one of the chief jobs in web-based acquisition applications ( Mory, 2003 ) . During the acquisition procedure a pupil performs a figure of actions where feedback is important, for illustration in appraisals or in feedback chiefly consists of information about the trials consequences presented to a user. In web-based larning systems feedback presented by computing machine is normally aimed to replace feedback given to the pupil by the instructor and to better pupil public presentation ( Mory, 2003 ) . The chief function of feedback in web-based systems is to inform and to actuate the user to increase his or her attempt and attending. In web-based larning systems feedback plays a important function in interaction. The feedback is particularly of import in proving and appraisal that is organised within the learning procedure. Harmonizing to Brusilovsky and Miller ( 1999 ) proving constituents are the best developed synergistic constituents in web-based instruction. However, we consider these constituents as being ill designed still. Most of the current testing constituents in e-learning and other web-based applications do non back up feedback version. They do non give information about the user ‘s public presentation in the most suited clip and signifier for him or her. In traditional distance acquisition ( external, but non computer-based acquisition ) feedback has been examined from a figure of different positions ( Hyland, 2001 ) . The surveies have shown that pupils particularly wanted elaborate feedback and remarks. The feedback was expected to supply positive remarks on strengths, non obscure generalizations. It is recommended that unfavorable judgment in feedback be constructive and that pupils should hold a opportunity to react to remarks ( Hyland, 2001 ) . Harmonizing to Mory ( 2003 ) the feedback mechanisms that are used by pupils have changed with the progresss and growing of web-based larning systems. The usage of student-centred and constructivist attack in larning system supposes the usage of learner-to-learner interaction and provides meaningful equal and teacher feedback ( Dabbagh,2002 ) . Harmonizing to Bischoff ( 2000 ) pupils need regular feedback in order to cognize how their public presentation was evaluated, how they could better it, and how their classs are calculated. The effectual elements of on-line learning include frequent and consistent online feedback, diplomatic online feedback, and appraising online feedback. Based on qualities of on-line feedback ( multidimensional, nonevaluative, supportive, pupil controlled, seasonably, and specific ) outlined by Schwartz and White ( 2000 ) and Mory ( 2003 ) has suggested that feedback in the web-based acquisition system should hold the undermentioned qualities: prompt, seasonably, and thorough online feedback ongoing formative feedback about on-line group treatments ongoing summational feedback about classs constructive, supportive, and substantial online feedback specific, nonsubjective, and single online feedback consistent online feedback. In web-based acquisition applications the chief maps of the testing constituent are to measure the users, to give the user information about his or her public presentation, to actuate the user, and to concentrate the user ‘s attending on farther interaction with the system. Feedback differs from rating, where the chief end is to rate and enter the consequence of the testing for the intent of measuring the user. There are several chief jobs with feedback in web-based applications. First of wholly, there is the job of feedback representation. It is widely argued in favor of expressed presentation of feedback, but there are excessively few thoughts about what should be included into feedback and what sort of construction it should hold. Naturally, the feedback should match to the undertakings and to the single features of the user. The effectivity of different types of feedback in web-based acquisition system has been by experimentation studied by Mandernach ( 2005 ) , who evaluated the educational impact of showing assorted degrees of computer-based, on-line feedback ( no-feedback, knowledge-of-response, knowledge-of-correct-response, topic-contingent, and response contingent ) . The consequences of this survey have shown that the type of computer-based feedback did non hold any influence on pupil acquisition, but at the same clip the pupils reported distinguishable penchants for knowledge-of-response and response-contingent computer-based feedback. This allowed to reason that the pupils prefer feedback that is direct and clearly addresses the rightness of their response. The other job of feedback is the clip of its presentation. The user could be provided either with immediate or with delayed feedback. Harmonizing to Mathan ( 2003 ) the job of feedback timing is of important importance for tutoring systems. H e argued about the tradeoff between the benefits of immediate and delayed feedback: while immediate feedback is more effectual, delayed feedback supports better transportation and keeping. The advantages and disadvantages of immediate and delayed feedback can alter with different larning ends and scenes. The of import inquiry of feedback is that it can pull attending off from the undertakings increasing the clip required to put to death them. Harmonizing to Oulasvirta and Saariluoma ( 2004 ) disrupting messages such as feedback in human-computer interaction influence the extent and type of mistakes in retrieving. We argue that the jobs of feedback discussed could be partly solved by version of feedback to the undertakings and to the features of an single user. Feedback version in web based applications can supply a user with feedback that is the most appropriate for his or her personal features, existent temper, behavior, and heed ( Choe et al. , 2004 ) .

Who Killed Palomino Molero

The story is basically about the murder of a young boy who was either drafted or enlisted in the base and is named palomino molero. The first chapter begins with the description of the boy’s corpse hung on the old carob tree. The description brought me goosebumps because the death suffered by Palomino is a pitiable one and is beyond my imagination. The boy’s mouth and nose being slit and his testicles pulled out to his thighs are the extremes of inhumanity. In order to interpret this brutal killing , the author writes â€Å"it was one thing to imagine it (referring to the situation while the boy was describing the situation)and quite another to see it and smell it. † The first chapter gives a brief view on the character of officer Lituma who is the one to have witnessed the tortured corpse. This chapter also gives an idea about officer Lituma’s friends and the friendship they share. They have their own theme song and they are known as ‘the unstobbables’. Even at the bar with his friends he cannot quite get the unpleasant incident out of his mind. There is an element of concern within him and a strong determination to find those cruel murderers of Palomino molero. The second chapter introduces the boy’s mother Dona Asunta. It also describes her lifestyle and the place in which she lives in. Lust and superstition are two other elements found in the story. Lieutenant Silva has strong sexual desires for Dona Asunta inspite of the fact that she is married and has children. Superstition arises when the Dona asks Lituma if he had found the guitar that belonged to her son because the fortune tellers had told her that the day the guitar is found that would be the day the murderers would be revealed to them. This chapter also tells us that Palomino was a great singer and a harmless lad who would not even hurt a fly. This chapter also introduces a character named Moises nicknamed Dumbo because of his unusually long ears. It ends with Lituma questioning Dumbo, about his brutal death and trying to come up with reasons to his brutal killing. In my opinion the story is quite exciting and it keeps me wanting to know more.

Warm-Up Activities and Fillers for the French Classroom

Warm-Up Activities and Fillers for the French Classroom Most language teachers find that there is a bit of dead time during class. This may occur at the beginning of class, as the students are arriving; at the end of class, as they are thinking about leaving; and right in the middle of class, when transitioning from one lesson to another. During this dead time, the best option is to spend five or ten minutes on a short, interesting activity. Teachers from all over have shared some great ideas for warm-up and filler activities- take a look. Building Sentences Put together the parts of a sentence. Categories List all of the vocabulary in a particular category. Conversations Pair off for short discussions. Meet Your Neighbor Practice greetings and personal details with other students. Music Videos Watch and discuss French music videos. Name Game Learn all of the students names. Quotations Discuss quotations by famous Francophones. Repetitions Have students repeat a list of vocabulary.

14 April Fools Day Pranks for College

14 April Fools Day Pranks for College Not all of us have the time or the patience to completely tinfoil someone’s dorm room, or sticky note their care. We don’t all have flash mobs of friends to do something nuts for April Fool’s Day. In this post we’ve got 14 gags that just about anyone should be able to pull off and there’s no real budget to speak of. Especially not if two or three people are in on them. Check it out! 1. Get like 80 Poppers And†¦ Here’s what you do: tape them to their dorm room door from this inside (no scaling any sky scrapers for this). With 100 of these things the sound will be pretty big; the mess will be lovely; you’ll scare the #$@ out of them! 2. The Best April Fool’s for Computer Nerds..EVER! After browsing the ten billion ideas Google has to offer, this is definitely one of the coolest. You’re basically going to put your head in a jar and then put it in their fridge. Or, you could go with their best friend’s, or significant other’s head. All you need is a computer. 3. Does Their Major Require Typing? Hey, if someone you want to play a prank on does a bunch of typing this is a really good one: rearrange the letters of their keyboard. It’s harmless, easy to do without breaking the keyboard and yeah. Even if they are the fastest and loudest typer in school, it will boggle their mind. You could order the letters to say something perhaps? 4. This is Hardcore This can get ugly fast so you need some finesse. If you’ve got a girlfriend/boyfriend, have a stranger they don’t know hand them a hand written â€Å"I’m breaking up with you and dropping out† letter. It helps if the gangs in on it, but again, while this will definitely get a reaction it might backfire†¦ 5. Nail Polish + Soap This is an oldy but goody. You just coat their soap with clear nail polish and in the morning when they try to shower it won’t lather and they’ll be like, â€Å"Whu?† 6. Fill the Halls with Fruit Not on the ground silly, but hanging from clear cords or strings. At least everyone will get their fruits in for the day. You could go with bananas, apples, pears, strawberries, grapes, or even go big with grapefruits. 7. Mouse + Jello These days a regular computer mouse doesn’t cost but a few bucks. So, go ahead and put their mouse in the middle of a jello mold of your choosing. It should be said that jello is both cheap and amazing. You can get pretty crafty with jello and just about everyone loves the stuff. 8. Go Pop Star Just pick a pop star they would love to have plastered all over their stuff and go to town. Bieber is always a favorite. But, let your imagination run wild. 9. Pregnancy This only works on guys that have no clue it’s April Fool’s Day. You know, those guys who only know basically New Years, Spring Break and Christmas. If they have a girlfriend, oh yeah this will get them good. If they don’t and you know someone they’ve been frisky with in the past that’s willing to play along†¦even better. 10. Flash Mob Anyone? Okay fine, no prank or gag list is complete without the theater company involved. 11. The Out of Reach Alarm Clock Simply put: legendary. Grab their alarm clock while they’re sleeping, set it to go off an hour earlier in a hidden place that will drive them nuts. If it can be taped to the ceiling out of reach – perfect! 12. The Ultimate Stink Bomb? Everybody loved a stink bomb. So why not bomb an entire dorm? Why not bomb an entire building? I mean you can get boxes of these things in multiples colors, head into the stairwell and go floor by floor (two people on both sides for ideal coverage). So awesome! And, if you’re major is covert operations you should be able to stealth-mode this and no one will even know you just pulled a prank that will make the college paper! 13. Dixie Cups for Miles This is especially cool for anyone that’s a fan of beer pong. You can get hundreds of these things for cheap (make sure to recycle them afterwards), fill them only a little bit with water or whatever works, and then chill. You could fill an entire dorm room hallway. You could fill their dorm room. It’s funny. 14. A Bed Full of Cornflakes! Cornflakes. Cheap, loud, crunchy, delicious with milk and processed sugar. Why not a bed, car, dorm room, or closet full of them? Okay all you aspiring students out there, how do you do it? Share your tips for pranks in comments!

Obesity in America Annotated Bibliography Example | Topics and Well Written Essays - 750 words

Obesity in America - Annotated Bibliography Example This essay looks into some of the sources on the topic on obesity in America. Braun, M. (2012, September 18). Most Americans May Be Obese by 2030, Report Warns. ABC News. Retrieved November 3, 2012 from http://abcnews.go.com/Health/americans- obese-2030- report- warns/story?id=17260134 This website discloses obesity trends in the US and how it influences the economic conditions. This presents an interesting perspective to the topic and is a captivating area of inquiry. According to the article, over 50 percent of the US population could be obese by 2030. This could result into a drastic increase in the health cots from $18 billion to $66 billion annually and this cripple the health care system. The article however notes that this situation could be averted. This article is highly valuable in my research as it provides a way forward. It states that if individuals reduced their BMI by a slight 5 percent, a considerable number of individuals could be saved from obesity and related conditions and as a result health care costs could be reduced. Programs must be implemented an establishing a healthy environment for the young increase the chances of them growing up as healthy adults. In a nutshell, the article proposes an achievable goal. This article is highly important when handling the issue on how to control obesity in the population. It discusses the treatment approaches, lifestyle modifications, assessments, goals, pharmacotherapy and bariatric surgery. Normal behavior therapy is made up of behavior therapy, physical activity and a diet aspect. The article underscores the benefits of setting down lifestyle modification together with bariatric surgery and pharmacotherapy to attain the full benefits. The article was significant in my research as it underpinned the increasing numbers of the condition and the role played by health care

Coursework for Quantitative Methods Essay Example | Topics and Well Written Essays - 2000 words

Coursework for Quantitative Methods - Essay Example The competitive markets will equalize the price of a similar good in the two countries when prices are expressed in similar currencies. For instance, a certain Television Set priced at 750 Dollars in Canada should cost 500 Dollars in United States when the exchange rate between the two countries is 1.50. Economists use two Purchasing Power Parity versions: Relative Purchasing Power Parity and Absolute Purchasing Power Parity. Absolute PPP is when the price level across countries is equalized. For instance, the exchange rate of Canada and US is computed by dividing the price level of Canada by that of the US. Assuming the exchange rate is 1.3 CAD per USD from 1.5 CAD per USD today. PPP theory implies the Canadian dollar will appreciate as USD depreciated. The relative Purchasing Power Parity refers to the degree of changes in the price level commonly known as the inflation rate. It says that appreciation rate of a currency is similar to the difference in the rate of inflation between the home and the foreign country. Assuming the inflation rate for Canada and US are 1% and 3% respectively, The US currency will depreciate against the Canada Dollar by 2% annually. Relative PPP withstands when the difference in inflation is very large. The concept is related to effect of trade and market arbitrage on the prices of similar products exchanged in multiple markets. In markets that are efficient, there must be a single price of those commodities in respective of their trading areas. The law of one price is also applicable to factor market. However, since the costs of the transaction and transport are positive, the law needs reformulation when applicable to spatial trade. Assuming we have two markets (Liverpool and Chicago) trading wheat and the wheat are transported from Chicago to Liverpool. The difference in the prices of wheat between the two markets should be similar to the cost of the transaction