Wählen Sie aus verschiedenen Englisch Lehrkräften für ...
Posts
class note To understand the Solow-Swan model, we have to keep two main assumptions in mind. One is that the saving rate in Solow-Swan model is constant, which means people in this kind of economy do not make any utility maximization choices. The other one is that technology in this model is exogenous. This term "exogenous" indicates that technology can not be explained by variables in our model so that people in this model don't need to decide how to allocate resources to improve technology. Therefore, under the assumptions, of course including neoclassical production function, where the Inada conditions are contained, competitive market assumption and others, we can derive a fundamental equation about the dynamic progress of the growth rate of capital per capita. From the equation, we can analyze the progress of economic growth and the equilibrium situations. As the production function is a neoclassical function and the saving rate is constant, the growth rate of Solow economy will eventually go to zero in the long run, which suggests that in long-term period, economy will stop growing and stay at a steady state. If all other matters are the same cross countries, every economy in the world will finally be at the same level. There won't be rich countries and poor countries.
31. Oktober 2013
1
0
What is the most important thing that economics taught me? I just read some news and discussions about free medical system in China. A few people argue that once the free system is estimated, the government only need to spend around 800 billion yuan a year to keep it works. However, I think this argument is really ridiculous. Not only the money spent here can only help people to get very basic medical treatment(since you have to pay over 500 yuan for a simple cold treatment recently), but also this reform must put the horrible and complicated system into a much more worse situation. Because as we know the medical resources today are very scarce, hospitals don't have enough beds and nurses for patients and doctors work almost 10 hours a day and 6 even 7 days a week. That means if the free system is really estimated, there will be too much patients for hospitals to take care of(the cost for you is 0 so you may want to go to hospital now even if you did not think necesserarily to see a doctor before, assuming that you get a same illness). Maybe someone will say, the government has much money so they can spend more on medical. Yes that's true. However, that also suggests governments need to put resource from other places into medical, maybe education, infrastructure or something else. And more essentially the problem is still that there are always more patients than we can take care for free, given the huge population in China and the comparatively scare medical resources. Actually, the medical debate is not only one example that many people can not see the difficulty we face everyday. They keep saying more is better, more is better. maybe they think if there is "more" enough, the world would not have any problems!but that is just some pie in the sky. Economics tells me that source is scare and, very importantly, we have to make choices. We have to decide what we need and what we have to give up.
19. Oktober 2013
0
0
如何用英语表达内心挣扎的感觉 请问如何用英语表达“内心挣扎着要不要做某件事”? 例如:她在心里挣扎着到底要不要吸一口烟。
15. Oktober 2013
3
0
The basis of basic economic growth theories Economic growth theories try to answer a very important and also interesting question: why different countries have different economic growth rates, or, why are there rich countries and poor countries. Lucas, a Nobel on economics winner, once said, when people began to think about this fascinated question, they wouldn't have time to think about anything else. There are basically two ways to explain this phenomena: the earlier one is called exogenous growth theory and the modern one is called endogenous growth theory. The difference between them is that whether technology is in the model or not. The exogenous theory takes technology as a given factor which means economic players can not change it, so the conclusion is that when time goes by, countries will eventually have the same growth rate. That is called convergence. However, the endogenous theory makes technology as a variable in models so that people can change it with capital or human resource. So from endogenous theories we can derive that if a country invest more resources in R&D sector, they will have a better economic performance.
13. Oktober 2013
2
0
Microeconomics I am currently studying advanced microeconomics at graduate school. The theories in the discipline describes human behaviors at market by using mathematical tools. The fundamental assumptions are that people are rational and resources are scarce. So we always face a choice problem, which is that how to use the finite resource to get max profits.
12. Oktober 2013
0
0
GRE exam I am preparing for my GRE exam now. The exam is designed for people who want to apply for a postgraduate degree, which contains three sections, quantitative reasoning part, verbal reasoning part and analytical writing. Although I just began to read the official guide book last week, I found that the mathe part is really easy for me. There are a few questions about algebra, arithmetic, geometry and data analysis in the part, which, however, are just that I learned in middle and high schools. So I can easily solve those problems. The real challenge for me, a medium level English learner, is the verbal part. There are so many words I don't know and some questions that I even can't understand! I know I have to remember lots of unusual, complicated words that maybe only used in this exam, but the process is really killing me. I found there are so many different words which have the same meaning and so many words that every one contains different meanings. Maybe today I remember 300 new words, however, when tomorrow comes, at least 60% of which will be totally new for me, again! I really want to know if this part is hard or easy for English native speakers and how does other nonnative speakers go through this remembering and forgetting hell. At last, I know there may be no easy way in the vocabulary problem, so if I want to success in the exam, I should better spend much more time on remembering words.
7. Oktober 2013
0
0
Breaking Bad One of my favorite American TV drama series is Breaking Bad, which was just came to the end last week. The story was about a high school chemistry teacher Walter White who found himself got cancer at his 50th birthday and decided to cook Meth with a young man Jesse, who once was his student. They cook a kind of very pure Meth with blue color and got a high return. But it was illegal and it was really high risky. So they needed to take care of many problems, such as bad drug distributors, DEA officers(one of the most important DEA officer is White's brother-in-law), a horrible experienced drug lord in New Mexico, an old and mysterious hitman, and some Neo-Nazi brothers. The show was shoot at Albuquerque, New Mexico. It's a wonderful place. which is always only blue sky and yellow sand. The sands around the town made the show very Western style and very tough. I mean, you can feel that life is really tough for people and this crime story just happened here. Actors and the whole crew were very talent and they had great job in this drama. The leading actor Bryan Cranston got Emmys three times for the character Walter White. The drama just got the outstanding drama series this year and, without any doubt, I believe they will get next year's Emmys outstanding drama series again. I love this TV drama and I strongly recommend you to see it. You will enjoy it!
6. Oktober 2013
3
0