Appalachian Music :: essays research papers

Appalachian Music Appalachee - people on the other side Folk music - What is folk music? Traditional songs existing in countries. Handed down through generations. Passes on by word of mouth, not written in musical notation. Don't know who wrote it. Melody and lyrics change as they are passed on. Folk Music is History in song: Tells about daily lives. Tells about Special events - often tragedies, themes of romance, battle, adventure, and history. Purpose of folk music: Entertainment, recreation, socializing, dancing, games. Teaching, make work go faster, religious. Tells a story (ballads). Origins of Appalachian people: Ireland Scotland England Music influenced by folk and mountain music: Country Bluegrass Modern folk Musical instruments used (folk instruments): Dulcimer, fiddle, banjo, guitar, mandolin, autoharp, mouth bow, washtub bass. Body percussion, spoons, washboard, Jew's harp. Harmonica, jug. Bluegrass Music - What is bluegrass music? Direct descendant of old-time string band tradition, which developed out of Southern mountain dance music & songs. Combines old-time string band music with gospel harmonies & blues rhythms. Played on acoustic instruments (natural sound): Banjo, guitar, fiddle, mandolin, bass fiddle, dobro (resophonic guitar) Instrumental leads used to show off technical ability Distinctive vocal harmonies Originations of Bluegrass Bill Monroe - "The father of Bluegrass" Grew up in Rosine, Kentucky (Ohio County) Music takes its name from Bill Monroe's band, The Blue Grass Boys Influenced by - Pendleton Vandiver ("Uncle Pen") the uncle who "raised" Bill and taught him how to play the fiddle. Arnold Schultz, black "blues" singer and guitar player. Timeline: 1911 - Bill Monroe born on September 13 1940's - development of bluegrass music 1950's - people began referring to his style of music as Bluegrass 1960's - concept of "bluegrass festival" introduced 1996 - Bill Monroe died on September 9 1997 - Bill Monroe inducted into Rock and Roll Hall of Fame Because of his influence on popular music Bluegrass Music featured in: Films of "Bonnie and Clyde", "Deliverance" Television Shows of "The Beverly Hillbillies", "The Dukes of Hazard" Written Overview A sample overview of the history of bluegrass music follows. It should be brief but comprehensive, as it may also be the introduction of the music to teachers as a study guide before or after an in school presentation or they may include this information in a history of social studies discussion if a program presentation is not possible. Bluegrass Music: The Roots The street balladry of the people who began migrating to America in the early 1600s is considered to be the roots of traditional American music. As the early Jamestown settlers began to spread out into the Carolinas, Tennessee, Kentucky and the Virginias, they composed new songs about day to day like experiences in the new land.

Macroeconomics Policy and Sustainable Development in Nigeria

MACROECONOMICS POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA INTRODUCTION In normal economic condition, macroeconomic policy drivessustainable development of anation. The two main branches of macroeconomics policies are based on monetary and fiscal economics. Central Bank, the nationalapex bank controls the monetary policy while the Ministry of Financeplays major role in national fiscal policy. However, most economists concur that, synergy exists between micro-and macro-economics variables and two policy agents of government: the CBN and Ministry of Finance determine the success or the degree of sustainability of macroeconomic development.In support of theimportance of central bank in macroeconomic policy, Ampong(2005) posits that non-artificial central bank independency has beena source of great success for the management and stabilisation of macroeconomic variables in countries like Norway, Sweden, Israel, Iceland, Denmark, New Zealand, United Kingdom, etc. In essence, there is the ory gap among economists onthe level of central bank’s independence, especially in developing economy such as Nigeria where there have been constant agitating for curtailing of the CBN’s autonomy. Nigeria economy has passed many phases since the introduction of SAP by Babangida Government in 1986.The Abacha Government came up with Vision 2010, the Obasanjo with NEEDS, the Yar’dua with Nigeria Vision 20:2020 and presently, the Jonathan’s Transformation Agenda. From 1986, Nigeria had total of four CBN Governors plus the incumbent, MallamSanusiLamidoSanusi. CBN Bulletin (2011) enumerated policy contents of SAP with major objectives to remove the controls of interest rates, enhance the institutional structure and supervision. Most importantly, to strengthen the money and capital markets through policy changes and distress resolution measuresand to improve the linkages between formal and informal financial sectors.The removal of the control of interest rate th rough inflation targeting is somewhat the main focus of SAP. The concernsof the financial operators, the real sectors managers, the economists, and the policy analysts are the effectiveness of macroeconomic policy instruments of the CBN and the Ministry of Finance. Then, the impact in GDP growth rate,the stability of macroeconomic variables and the economic growth policy sustainability. In essence, citizens want to see how growth in GDP results to increase in employment, equal distribution of wealth, enabling business nvironment, and improvements in Human Development Index(HDI). National Bureau of Statistics, NBS (2013) data presents positive outlook of the annual macroeconomic variables in Nigeria as reported by CBN. From 1980 to 2012, the data depicts constant increase in GDP Growth Rate,stable money supply, controlled inflation Rate, favourable interest Rate, etc. The Monetary Policy Committee(MPC) has maintained interest rate at double digits since 2009. Many economists and poli cy analysts question the integrity of NBS macroeconomic data and the CBN reports on the state of the economy.Ojomaikre(2012) questions the rationale of a statement he accredited to Nigeria’s Finance Minister,NgoziOkonjo-Iweala that Nigeria is one of the fastest growing economies in the world. Ojomaikre argues that Nigeria is not growing but broke. He asserts that government survey found out that, unemployment had increased across the country and was higher in rural than in urban areas. Similarly,he argues that the absolute poverty level had leapt from 54 per cent in 2006 to 70 per cent in 2010. The contradictions and argumentsregarding the growth of Nigeria economy and sustainability continue unabated.Obafemi(2013) supports some policies already implemented by the CBN in the last few years. He, however,questions the effectiveness of these policies in achieving the desired results and their sustainability. Sustainability in his opinion is about policy reversals when the presen t CBN Governor leaves office. Hoover(1988), posits that policy ineffectiveness theorem of New Classical school can be used to describe the current economic quagmire in Nigeria. PROBLEMS OF MACROECONOMIC POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA Nigeria’s financial sector witnessed seemly tremendous innovations preceding the SAP  in 1986.Objectives of SAP are to provide a liberalised and level playing field for the emergency of effective and efficient institutions that would serve as an engine of economic growth. As part of the reforms, CBN liberated the operating licenses of commercial banks. Their number rose from 40 in 1986 to 120 banks in 1992. The reforms led to the emergences of other financial institution such as discount houses and bureaux de changes which were non-existence prior to 1986. Importantly, CBN data (2012)depicts the increases in the capital base of banks since the introduction of reforms.The capital base of all bank and financial institutions was rai sed in 1998, from 10 million to 500 million. Presently, after recapitalization in 2005, the capital base rose to 25 Billion Naira. However, the major negative economic effects of reform were excess liquidity, unstable exchange rate, high inflation and volatile interest rates. According to IndexMundi publication on Nigeria economy, inflation increased from 6. 26% in 1986 to about 49% in 1989, and reached the peak of 72% in 1995, depicting the highest rates recorded in Nigeria economy since 1986.CBN statistical data depicts macroeconomic indicators of money supply, inflation, and interest rates from 1986 when SAP was introduced. Money supply increased from about 24 Billion Naira in 1986 to 370 Billion Naira in 1996, and by 2006 money supply rose to four trillion Naira. The extreme volatility of inflation data within these periods demonstrate the instability of Nigerian economy which monetarists refer as monetary policy trap. On interest rates, CBN data shows that interest rate which w as 12% in 1986 jumped to 24% as of 1989.Since late 1990s to 2004, interest rates in Nigeria have remained above 20% and even reached 30% in 2002. What is the cause of interest rate variability and what is the determinant of interest rate in economy? Blanchard(2003) examines domestic factors such as inflation, money supply, GDP growth rate and exchange rates as key factors. Factors that distinguish developed and developing countries in interest rate regime are efficiency of macroeconomic policy, its operation and implementation strategy. Some weaknesses associated with developing economies are weak institutional and weak legal frameworks.In developing economy, there is always the problem of high interest rate spread because of excess risk taken by commercial banks. Excessive risk has potential to stall economic activities and GDP growth. In the case of Nigeria, combined with these characteristics of developing countries, has also problem of systemic corruption which tends to reduce t he efficiency of macroeconomic policy QUESTIONS OF MACROECONOMICS POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA This study will seek to provide the answer to the following questions. . What are the institutional frameworks for implementation ofmacroeconomic policy in Nigeria? b. What macroeconomic variables are the determinants of interest rate? c. What is the linkage between macroeconomic policy and macroeconomic variables? d. What are the challenges of macroeconomic policy and sustainable development in Nigerian? e. What policy recommendations and implementation strategies are required for macroeconomic policy and sustainabledevelopment in Nigeria? AIM, OBJECTIVE, SCOPE, AND LIMITATIONS OF THIS STUDYThe aim of this study is to identify and examine the two essential elements of Macroeconomics: the fiscalandmonetary policy. Different macroeconomics variables will also be surveyed and their impact on sustainable development in Nigeria. The broad objective of this study will beto asse ss the macroeconomic policy and sustainable development in Nigeria. The specific objectives are: a. To examine the institutional frameworks and implementation ofmacroeconomic policy in Nigeria. b. To identify the macroeconomic variablesthat are the determinants of interest rate in Nigeria c.To determine the linkage between macroeconomic policy and macroeconomic variables. d. To evaluate the challenges of the macroeconomic policy and sustainable development in Nigeria. e. To recommend and proffer implementation strategies for effective macroeconomic policy and sustainable development in Nigeria? The scope covers the process of assessing the macroeconomic policy and sustainable development in Nigeria from 1980 to 2012. This involves the evaluation of institutional framework and monetary policy of CBN.The following variables will be analysed: interest rate, real interest rate, inflation rate, exchange rate, risk premium, to determine their relationships with GDP growth rate and sustain able development in Nigeria. The limitations will be encountered as the study progresses. There might be some difficulties in assessing some documents from CBN and to compare CBN data with that World Bank and IMF. These  problems can be solved through the availability of reliable secondary data in the internet.THE SIGNIFICANCE, POLICY RELEVANCE, THEORETICAL FRAMEWORK OF THIS STUDY Major concern of policy makers and monetary authorities regarding macroeconomic variables are not about the existence of these variables themselves but their sizes, which fluctuate in response to volatility of other variables. The result of this study will add to the theory of interest rate and existing body of knowledge in macroeconomic policy by assisting the CBN to conduct effective monetary policy that can drive sustainable development in Nigeria.The policy-maker will be well-informed to make appropriate macroeconomic policy. Technical language of macroeconomics will be simplified for the benefits of individuals in their financial transactions. The knowledge of financial operators and their entrepreneur acumen will beenriched with the introduction of risk premium as a macroeconomic analysing tool. Proper Information is necessary to create Macroeconomic awareness. This research will survey different theories of macroeconomics with special focus on macroeconomic policy of CBN.The survey of various definitions of macroeconomic variables will be carried out. The classical theory Adam Smith(1776),  author of the Wealth of Nations and his follwers; also the Keynesian theory of, Keynes(1936),and the new classical theory of Hoover(1988). These theories have differing views on which institution or policy instruments thatare more effective than the other. However, Blanchard(2003) will be helpful in definition of interest rate theory which includes how inflation rate, expected inflation rate, money supply, and exchange raterelate to macroeconomic growth and stability.Barro(2008) will co mpare term structure of interest rate. Ackley(1971)will establish investment theory with emphasis in real interest rates. Very important in this research is risk premium which will be defined with Perloff(2007) theory on federal and capital market bonds. To compare relationship among monetary economic variables and complementary policy instruments of CBN, Udaba(2002) identifies Open Market Operations(OMO), Nigerian Inter-Bank Rate(NIBOR), Reserve Requirement(RR), Moral Suction, Special Deposit, and the activities of Monetary Policy Committee(MPC).There is also the Anyanwu and Oaikhenan(1995)model used to analyse the macroeconomic policy sustainability in Nigeria. Finally, for this study, Blanchard (2003) model will be used to analyse the institutional frameworks, macroeconomic variables and macroeconomic policies. METHODOLOGY This research work will be analysed through the combination of quantitative and qualitative research methodologies. It will apply both the primary and secondar y sources of data collection. For estimation procedure, the study will employ Vector Autoregressive Model(VAR) and Autoregressive Conditional Heteroscedasticity(GARCH).The VAR model was developed by Sims(1980) and will be usedto capture the second objective while GARCH method by (Engle, 1982; Bollerslev, 1986) will be applied to capture third objectives. VAR model is theory-free model because some countries exhibit particular characteristics that sometimes are devoid of any economic theory. The choice of this model was because of its unique feature to bring out dynamic behaviour of macroeconomic variables. In the model, every variable is seen as endogenous variable that can be explained by its lagged value and lagged values of all other variables in the model.The GARCH model is a popular method in financial literatures used as reliable model for volatility. The model takes the form of a univariateAutoregressive (AR) process of variables in question and the variance as a function of squared innovations from this AR process. Unit Root Test and Co-Integration Test will be conducted to know the stationary position of the macroeconomic variables, their order of integrations, and to identify the number of equations that exist in the model. The Augmented Dickey Fuller(ADF) and Johnasen Method, Gujaranti and Porter(2009)are current statistical method for this research.Primary sources of data will be collected through pre-arranged oral interviews and solicitation for filling of questionnaires to knowledgeable individuals and experts in the field of monetary policy and financial institutions. There are needs to visit the headquarter of CBN, some banks,interact with policy makers and Nigerians from all walks of life. The secondary data will come from CBN Statistical Bulletin, NBS, World Bank and IMF Economic Outlook, economic journals, internet and electronic media.The NIPSS library will facilitate assess to some books and unpublished researchers. A sample size primary d ata source which will not be less than 50 respondents and willbe random collected from relevant offices and institutions. To conduct oral interviews and serve questionnaires, there are needs to visit the headquarter of CBN, some banks, interact with policy makers, Nigerians from all walks of life. The computer application will be E-view 3. 1 or above. This application handles Time-series data more efficiently.DEFINITION OF TERMS/CONCEPTUAL CLASSIFICATIONS Generalised Autoregressive Conditional Heterscedasticity(GARCH) Generalised Autoregressive conditional heterscedasticity used in measuring volatility in macroeconomic Time Series. Limited to more of financial time series. Vector Autoregression(var) Vector Autoregressive, used to estimate the lagged value of a variables and its lagged value to other variables. Helps in solving multiple equations problems among macroeconomic variables and to identify bilateral causality between variable: e. g. nterest rate effect inflation and inflat ion effects interest rate. United Root Test A statistical instrument used to test the stationarity (or non-stationarity) of time series variables. United Root Test resulthelps to reject or accept the null hypothesis. Co-integration Test If two variables have long term or equilibrium relationship between them, they co-integrated e. g. Fisher’s quantity theory of money. In its application, the parameter of estimated variables is compare with its critical significance. Policy Ineffectiveness Theorem(PIT)The theorem based on New Classical economics that money is neutrality on money in macroeconomic policies. Conclusions This work is organised into five sections. Section One present the Backgrounds, Problems of Macroeconomic Policy and Sustainable Development in Nigeria, Research QuestionsAims of Study and Objectives of Study, the Scope of the Study, Limitations, the Significance of the Study/Policy Relevance, Theoretical Framework, Hypotheses of the Study and Methodology. Section Three, discusses the historical development of macroeconomic policy and sustainable development in Nigeria.The focus here will be Monetary Policy of Central Bank of Nigeria, with specific study in interest rate determinant. Section Four will present data, content analysis and interpretations. Section five will display the overview of the research work include summary of findings, conclusions, recommendation and implementation strategies. References Ackley, G. (1971), Macroeconomics. UK: Macmillian Adam Smith, (1776). â€Å"Masterpiece:An Inquiry into the Nature and Causes of the Wealth of Nations. †Edited by Edwin Cannan. Chicago: University  of  Chicago  Press,  1976.Available  online  at: http://www. econlib. org/library/Smith/smWN. html, 14/3/2013 Ampomg, K. O. (2005), â€Å"Inflation Targeting Monetary Policy-the Way Forward†,www. ghanaweb. com/ghanahomepage/features/artikel. phd? ID=80363. 12/3/2013 Anyanwu, J. C and H. E. Oaikhenan(1995),Modern Macro economics:Theory and Application in Nigeria. Onitsha:Joanee Educational Publishers Ltd. Blanchard, O. (2003), Macroeconomics. New Jersey: Prentice Hall. Bollerslev, T. (1986), â€Å"Generalised Autoregressive Condition Heteroscedasticity. †Journal of Econometrics, 31, 307-327.Barro,R. J. (2008), Macroeconomics. New Jersey: Prentice Hall. CBN, (2011), â€Å"Monetary Policy Reform. † www. cenbank. org/monetarypolicy reforms. asp. 13/3/2013. Engle, R. F. (1982), â€Å"Autoregressive Condition Heterscedasticity with Estimates of the Variance of United Kingdom. †Econometrical, 50, 987-1000. Gujarati, D. N. And Porter, D. C. (2009), â€Å"Basic Econometrics†. New York: McGraw-Hill Education. Hoover, Kevin D. (1988), The New Classical Macroeconomics: A Sceptical Inquiry. Oxford: Blackwell IndexMundi, (2011), â€Å"Consumer Price†, www. indexmudi. om/nigeria/inflation rate%28consumerprice%29. html. 12/3/2013. Keynes, John M. (1935). The General Theory of E mployment, Interest, and Money. London: Macmillan. Obafemi,O. Thisday, â€Å"CBN and Financial Policy Implementation. †16 February, 2013. Ojomaikre, A. Guardian, â€Å"Nigeria is not Growing and Broke(1). † 25 June, 2012. Perloff, J. M. (2007), Microeconomics. New York: Pearson/Addison Wesley. Sims, A. A. (1980), â€Å"Macroeconomics and Reality. †Econometrical, 48, 10. Udaba, S. I. (2002), An Introduction to Nigerian Public Finance. Enugu:Linco Press. Macroeconomics Policy and Sustainable Development in Nigeria MACROECONOMICS POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA INTRODUCTION In normal economic condition, macroeconomic policy drivessustainable development of anation. The two main branches of macroeconomics policies are based on monetary and fiscal economics. Central Bank, the nationalapex bank controls the monetary policy while the Ministry of Financeplays major role in national fiscal policy. However, most economists concur that, synergy exists between micro-and macro-economics variables and two policy agents of government: the CBN and Ministry of Finance determine the success or the degree of sustainability of macroeconomic development.In support of theimportance of central bank in macroeconomic policy, Ampong(2005) posits that non-artificial central bank independency has beena source of great success for the management and stabilisation of macroeconomic variables in countries like Norway, Sweden, Israel, Iceland, Denmark, New Zealand, United Kingdom, etc. In essence, there is the ory gap among economists onthe level of central bank’s independence, especially in developing economy such as Nigeria where there have been constant agitating for curtailing of the CBN’s autonomy. Nigeria economy has passed many phases since the introduction of SAP by Babangida Government in 1986.The Abacha Government came up with Vision 2010, the Obasanjo with NEEDS, the Yar’dua with Nigeria Vision 20:2020 and presently, the Jonathan’s Transformation Agenda. From 1986, Nigeria had total of four CBN Governors plus the incumbent, MallamSanusiLamidoSanusi. CBN Bulletin (2011) enumerated policy contents of SAP with major objectives to remove the controls of interest rates, enhance the institutional structure and supervision. Most importantly, to strengthen the money and capital markets through policy changes and distress resolution measuresand to improve the linkages between formal and informal financial sectors.The removal of the control of interest rate th rough inflation targeting is somewhat the main focus of SAP. The concernsof the financial operators, the real sectors managers, the economists, and the policy analysts are the effectiveness of macroeconomic policy instruments of the CBN and the Ministry of Finance. Then, the impact in GDP growth rate,the stability of macroeconomic variables and the economic growth policy sustainability. In essence, citizens want to see how growth in GDP results to increase in employment, equal distribution of wealth, enabling business nvironment, and improvements in Human Development Index(HDI). National Bureau of Statistics, NBS (2013) data presents positive outlook of the annual macroeconomic variables in Nigeria as reported by CBN. From 1980 to 2012, the data depicts constant increase in GDP Growth Rate,stable money supply, controlled inflation Rate, favourable interest Rate, etc. The Monetary Policy Committee(MPC) has maintained interest rate at double digits since 2009. Many economists and poli cy analysts question the integrity of NBS macroeconomic data and the CBN reports on the state of the economy.Ojomaikre(2012) questions the rationale of a statement he accredited to Nigeria’s Finance Minister,NgoziOkonjo-Iweala that Nigeria is one of the fastest growing economies in the world. Ojomaikre argues that Nigeria is not growing but broke. He asserts that government survey found out that, unemployment had increased across the country and was higher in rural than in urban areas. Similarly,he argues that the absolute poverty level had leapt from 54 per cent in 2006 to 70 per cent in 2010. The contradictions and argumentsregarding the growth of Nigeria economy and sustainability continue unabated.Obafemi(2013) supports some policies already implemented by the CBN in the last few years. He, however,questions the effectiveness of these policies in achieving the desired results and their sustainability. Sustainability in his opinion is about policy reversals when the presen t CBN Governor leaves office. Hoover(1988), posits that policy ineffectiveness theorem of New Classical school can be used to describe the current economic quagmire in Nigeria. PROBLEMS OF MACROECONOMIC POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA Nigeria’s financial sector witnessed seemly tremendous innovations preceding the SAP  in 1986.Objectives of SAP are to provide a liberalised and level playing field for the emergency of effective and efficient institutions that would serve as an engine of economic growth. As part of the reforms, CBN liberated the operating licenses of commercial banks. Their number rose from 40 in 1986 to 120 banks in 1992. The reforms led to the emergences of other financial institution such as discount houses and bureaux de changes which were non-existence prior to 1986. Importantly, CBN data (2012)depicts the increases in the capital base of banks since the introduction of reforms.The capital base of all bank and financial institutions was rai sed in 1998, from 10 million to 500 million. Presently, after recapitalization in 2005, the capital base rose to 25 Billion Naira. However, the major negative economic effects of reform were excess liquidity, unstable exchange rate, high inflation and volatile interest rates. According to IndexMundi publication on Nigeria economy, inflation increased from 6. 26% in 1986 to about 49% in 1989, and reached the peak of 72% in 1995, depicting the highest rates recorded in Nigeria economy since 1986.CBN statistical data depicts macroeconomic indicators of money supply, inflation, and interest rates from 1986 when SAP was introduced. Money supply increased from about 24 Billion Naira in 1986 to 370 Billion Naira in 1996, and by 2006 money supply rose to four trillion Naira. The extreme volatility of inflation data within these periods demonstrate the instability of Nigerian economy which monetarists refer as monetary policy trap. On interest rates, CBN data shows that interest rate which w as 12% in 1986 jumped to 24% as of 1989.Since late 1990s to 2004, interest rates in Nigeria have remained above 20% and even reached 30% in 2002. What is the cause of interest rate variability and what is the determinant of interest rate in economy? Blanchard(2003) examines domestic factors such as inflation, money supply, GDP growth rate and exchange rates as key factors. Factors that distinguish developed and developing countries in interest rate regime are efficiency of macroeconomic policy, its operation and implementation strategy. Some weaknesses associated with developing economies are weak institutional and weak legal frameworks.In developing economy, there is always the problem of high interest rate spread because of excess risk taken by commercial banks. Excessive risk has potential to stall economic activities and GDP growth. In the case of Nigeria, combined with these characteristics of developing countries, has also problem of systemic corruption which tends to reduce t he efficiency of macroeconomic policy QUESTIONS OF MACROECONOMICS POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA This study will seek to provide the answer to the following questions. . What are the institutional frameworks for implementation ofmacroeconomic policy in Nigeria? b. What macroeconomic variables are the determinants of interest rate? c. What is the linkage between macroeconomic policy and macroeconomic variables? d. What are the challenges of macroeconomic policy and sustainable development in Nigerian? e. What policy recommendations and implementation strategies are required for macroeconomic policy and sustainabledevelopment in Nigeria? AIM, OBJECTIVE, SCOPE, AND LIMITATIONS OF THIS STUDYThe aim of this study is to identify and examine the two essential elements of Macroeconomics: the fiscalandmonetary policy. Different macroeconomics variables will also be surveyed and their impact on sustainable development in Nigeria. The broad objective of this study will beto asse ss the macroeconomic policy and sustainable development in Nigeria. The specific objectives are: a. To examine the institutional frameworks and implementation ofmacroeconomic policy in Nigeria. b. To identify the macroeconomic variablesthat are the determinants of interest rate in Nigeria c.To determine the linkage between macroeconomic policy and macroeconomic variables. d. To evaluate the challenges of the macroeconomic policy and sustainable development in Nigeria. e. To recommend and proffer implementation strategies for effective macroeconomic policy and sustainable development in Nigeria? The scope covers the process of assessing the macroeconomic policy and sustainable development in Nigeria from 1980 to 2012. This involves the evaluation of institutional framework and monetary policy of CBN.The following variables will be analysed: interest rate, real interest rate, inflation rate, exchange rate, risk premium, to determine their relationships with GDP growth rate and sustain able development in Nigeria. The limitations will be encountered as the study progresses. There might be some difficulties in assessing some documents from CBN and to compare CBN data with that World Bank and IMF. These  problems can be solved through the availability of reliable secondary data in the internet.THE SIGNIFICANCE, POLICY RELEVANCE, THEORETICAL FRAMEWORK OF THIS STUDY Major concern of policy makers and monetary authorities regarding macroeconomic variables are not about the existence of these variables themselves but their sizes, which fluctuate in response to volatility of other variables. The result of this study will add to the theory of interest rate and existing body of knowledge in macroeconomic policy by assisting the CBN to conduct effective monetary policy that can drive sustainable development in Nigeria.The policy-maker will be well-informed to make appropriate macroeconomic policy. Technical language of macroeconomics will be simplified for the benefits of individuals in their financial transactions. The knowledge of financial operators and their entrepreneur acumen will beenriched with the introduction of risk premium as a macroeconomic analysing tool. Proper Information is necessary to create Macroeconomic awareness. This research will survey different theories of macroeconomics with special focus on macroeconomic policy of CBN.The survey of various definitions of macroeconomic variables will be carried out. The classical theory Adam Smith(1776),  author of the Wealth of Nations and his follwers; also the Keynesian theory of, Keynes(1936),and the new classical theory of Hoover(1988). These theories have differing views on which institution or policy instruments thatare more effective than the other. However, Blanchard(2003) will be helpful in definition of interest rate theory which includes how inflation rate, expected inflation rate, money supply, and exchange raterelate to macroeconomic growth and stability.Barro(2008) will co mpare term structure of interest rate. Ackley(1971)will establish investment theory with emphasis in real interest rates. Very important in this research is risk premium which will be defined with Perloff(2007) theory on federal and capital market bonds. To compare relationship among monetary economic variables and complementary policy instruments of CBN, Udaba(2002) identifies Open Market Operations(OMO), Nigerian Inter-Bank Rate(NIBOR), Reserve Requirement(RR), Moral Suction, Special Deposit, and the activities of Monetary Policy Committee(MPC).There is also the Anyanwu and Oaikhenan(1995)model used to analyse the macroeconomic policy sustainability in Nigeria. Finally, for this study, Blanchard (2003) model will be used to analyse the institutional frameworks, macroeconomic variables and macroeconomic policies. METHODOLOGY This research work will be analysed through the combination of quantitative and qualitative research methodologies. It will apply both the primary and secondar y sources of data collection. For estimation procedure, the study will employ Vector Autoregressive Model(VAR) and Autoregressive Conditional Heteroscedasticity(GARCH).The VAR model was developed by Sims(1980) and will be usedto capture the second objective while GARCH method by (Engle, 1982; Bollerslev, 1986) will be applied to capture third objectives. VAR model is theory-free model because some countries exhibit particular characteristics that sometimes are devoid of any economic theory. The choice of this model was because of its unique feature to bring out dynamic behaviour of macroeconomic variables. In the model, every variable is seen as endogenous variable that can be explained by its lagged value and lagged values of all other variables in the model.The GARCH model is a popular method in financial literatures used as reliable model for volatility. The model takes the form of a univariateAutoregressive (AR) process of variables in question and the variance as a function of squared innovations from this AR process. Unit Root Test and Co-Integration Test will be conducted to know the stationary position of the macroeconomic variables, their order of integrations, and to identify the number of equations that exist in the model. The Augmented Dickey Fuller(ADF) and Johnasen Method, Gujaranti and Porter(2009)are current statistical method for this research.Primary sources of data will be collected through pre-arranged oral interviews and solicitation for filling of questionnaires to knowledgeable individuals and experts in the field of monetary policy and financial institutions. There are needs to visit the headquarter of CBN, some banks,interact with policy makers and Nigerians from all walks of life. The secondary data will come from CBN Statistical Bulletin, NBS, World Bank and IMF Economic Outlook, economic journals, internet and electronic media.The NIPSS library will facilitate assess to some books and unpublished researchers. A sample size primary d ata source which will not be less than 50 respondents and willbe random collected from relevant offices and institutions. To conduct oral interviews and serve questionnaires, there are needs to visit the headquarter of CBN, some banks, interact with policy makers, Nigerians from all walks of life. The computer application will be E-view 3. 1 or above. This application handles Time-series data more efficiently.DEFINITION OF TERMS/CONCEPTUAL CLASSIFICATIONS Generalised Autoregressive Conditional Heterscedasticity(GARCH) Generalised Autoregressive conditional heterscedasticity used in measuring volatility in macroeconomic Time Series. Limited to more of financial time series. Vector Autoregression(var) Vector Autoregressive, used to estimate the lagged value of a variables and its lagged value to other variables. Helps in solving multiple equations problems among macroeconomic variables and to identify bilateral causality between variable: e. g. nterest rate effect inflation and inflat ion effects interest rate. United Root Test A statistical instrument used to test the stationarity (or non-stationarity) of time series variables. United Root Test resulthelps to reject or accept the null hypothesis. Co-integration Test If two variables have long term or equilibrium relationship between them, they co-integrated e. g. Fisher’s quantity theory of money. In its application, the parameter of estimated variables is compare with its critical significance. Policy Ineffectiveness Theorem(PIT)The theorem based on New Classical economics that money is neutrality on money in macroeconomic policies. Conclusions This work is organised into five sections. Section One present the Backgrounds, Problems of Macroeconomic Policy and Sustainable Development in Nigeria, Research QuestionsAims of Study and Objectives of Study, the Scope of the Study, Limitations, the Significance of the Study/Policy Relevance, Theoretical Framework, Hypotheses of the Study and Methodology. Section Three, discusses the historical development of macroeconomic policy and sustainable development in Nigeria.The focus here will be Monetary Policy of Central Bank of Nigeria, with specific study in interest rate determinant. Section Four will present data, content analysis and interpretations. Section five will display the overview of the research work include summary of findings, conclusions, recommendation and implementation strategies. References Ackley, G. (1971), Macroeconomics. UK: Macmillian Adam Smith, (1776). â€Å"Masterpiece:An Inquiry into the Nature and Causes of the Wealth of Nations. †Edited by Edwin Cannan. Chicago: University  of  Chicago  Press,  1976.Available  online  at: http://www. econlib. org/library/Smith/smWN. html, 14/3/2013 Ampomg, K. O. (2005), â€Å"Inflation Targeting Monetary Policy-the Way Forward†,www. ghanaweb. com/ghanahomepage/features/artikel. phd? ID=80363. 12/3/2013 Anyanwu, J. C and H. E. Oaikhenan(1995),Modern Macro economics:Theory and Application in Nigeria. Onitsha:Joanee Educational Publishers Ltd. Blanchard, O. (2003), Macroeconomics. New Jersey: Prentice Hall. Bollerslev, T. (1986), â€Å"Generalised Autoregressive Condition Heteroscedasticity. †Journal of Econometrics, 31, 307-327.Barro,R. J. (2008), Macroeconomics. New Jersey: Prentice Hall. CBN, (2011), â€Å"Monetary Policy Reform. † www. cenbank. org/monetarypolicy reforms. asp. 13/3/2013. Engle, R. F. (1982), â€Å"Autoregressive Condition Heterscedasticity with Estimates of the Variance of United Kingdom. †Econometrical, 50, 987-1000. Gujarati, D. N. And Porter, D. C. (2009), â€Å"Basic Econometrics†. New York: McGraw-Hill Education. Hoover, Kevin D. (1988), The New Classical Macroeconomics: A Sceptical Inquiry. Oxford: Blackwell IndexMundi, (2011), â€Å"Consumer Price†, www. indexmudi. om/nigeria/inflation rate%28consumerprice%29. html. 12/3/2013. Keynes, John M. (1935). The General Theory of E mployment, Interest, and Money. London: Macmillan. Obafemi,O. Thisday, â€Å"CBN and Financial Policy Implementation. †16 February, 2013. Ojomaikre, A. Guardian, â€Å"Nigeria is not Growing and Broke(1). † 25 June, 2012. Perloff, J. M. (2007), Microeconomics. New York: Pearson/Addison Wesley. Sims, A. A. (1980), â€Å"Macroeconomics and Reality. †Econometrical, 48, 10. Udaba, S. I. (2002), An Introduction to Nigerian Public Finance. Enugu:Linco Press.

Diffrent Type of Doctors

Different Types of Doctors and What They Do The world is Mother Nature's marvel that is blessed with different wonders of the natural world like the human body system. But, with every blessing comes a curse and this curse that plagues the living world is diseases. There are different diseases and disorders that are either due to microorganisms, parasites, non-functioning of different organs in the body, biochemical imbalances, genetic or hereditary problems, etc. Many times, people suffer from different kinds of accidents- natural and man-made, gunshots, stabbing wounds, burns, and many other innovative types of grievous injuries.These different medical problems are taken care of by different types of doctors, according to their field of specialization. There are hundreds of examples around the world, where doctors have been able to pull men out of the jaws of death with their medical expertise. If you too want to face different medical challenges, then the following list of differen t types of doctors and their specialty, will help you find a foothold in the medical world. Audiologists: These doctors help patients with different ear problems and help children who are either deaf or mute to learn to communicate.Allergist: These doctors help in treating different kinds of allergies and immune system disorders like hay fever, asthma, etc. Andrologist: The andrologist helps in diagnosing and treating disorders related to the male reproductive system. Anesthesiologist: They study and administer anesthesia and anesthetic medicines that helps in facilitating treatment, diagnosis of medical conditions and complete minor and major surgeries without the patient having to feel more than the prick of the anesthetic needle.Cardiologist: These are doctors of the heart that diagnose and treat heart diseases and cardiovascular diseases. Dentist: Perhaps one of the most feared doctors of all is the dentist due to their tooth extraction habits! These doctors are concerned with d ental health, teeth and dental problems like cavities and bleeding gums. They treat gum diseases, straighten teeth, carry out root canals, etc. . Dermatologist: A dermatologist studies the skin, its structure, functions, and diseases, as well as its appendages (nails, hair, sweat glands) and reats the related ailments. Endocrinologist: A doctor who studies disorders of the endocrine system and their glands, like thyroid problems and other such hormonal imbalances and the specific secretions of hormones is what entails an endocrinologist job description. Epidemiologist: Epidemiologist are the doctors who are also known as ‘disease detectives'. They carry out study of diseases and come up with ways of prevention of diseases through vaccinations, etc.Family Practitioner: These are your friendly neighborhood doctors who are general physicians, and treat patients of all ages ; medical non-emergency conditions usually in a clinic. Gastroenterologist: A doctor that studies diseases o f digestive system and gives treatment related to the gasteroenterlogy. Gynecologists: The doctor who studies and treats diseases of the female reproductive system. Hematologist: A hematologist studies blood and its diseases. Hepatologist: A hepatologist studies and treats diseases of the liver.Immunologist: The doctor who studies all aspects of the immune system in all organisms and gives treatment to diseases of the immune system. Infectious Disease Specialists: The doctors who study ; treat diseases that are caused by viruses, bacteria, fungi, parasites, and are usually based within the hospital. These doctors are involved in a lot of research work. Internal Medicine Specialists: These doctors provide diagnosis, management and nonsurgical treatment of unusual or serious diseases and are usually found working in hospitals as intensivists.Internists: These doctors focus on adult medicine and have completed a special study related to the prevention and treatment of adult diseases. M edical Geneticist: A medical geneticist is the doctor that carries out studies, tests, treatments and counseling patients with genetic diseases. Microbiologists: A microbiologist studies causes, diagnosis and treatment of infectious diseases. Neonatologist: The neonatologist is the doctor that provides medical care to premature and critically ill newborn babies. Nephrologist: The doctor who treats kidney diseases and problems.Neurologist: These are doctors who treat one of the most delicate and important organs of the body, the brain. They treat conditions like seizures, strokes, Parkinson's, Alzheimer's, etc. Neurosurgeon: These are surgeons who treat central and peripheral nervous system diseases that can be cured or controlled to some extent with mechanical intervention. Obstetrician: This is a part of gynecology and the doctors are experts with childbirth, C-sections, gynecological surgeries like hysterectomy, surgical removal of ovarian tumors, examination of the pelvic region, PAP smears, prenatal care, etc.Oncologist: An oncologist job description entails treating cancer patients. Ophthalmologist: The doctor that takes care of eyes and treats various eye problems and performs different eye surgeries. Orthopedic Surgeons: The doctor who is concerned with the skeletal system of the human body, that is, bones. These doctors make no bones about broken, fractured or arthritis struck bones! ENT specialists: An ENT specialist treats the Ear, the Nose and the Throat, as well as to some extent some ailments of the head and the neck. This field is also known as otolaryngology.Perinatologist: The doctor who is an expert in caring and treating high risk pregnancies. Paleopathologist: These doctors are into the study of ancient diseases. Parasitologist: The study of parasites, their biology and pathology, as well as the parasitic diseases caused by them is carried out by a parasitologist. Pathologists: The study of abnormalities in living organisms, diagnosing disea ses and conditions from tissue samples like blood or biopsy samples. They also work as medical examiners ; carry out autopsies to determine the cause of death.These doctors usually do not come in contact with the patients directly as their work is mostly lab work. They are therefore called a ‘doctor's doctor' as they speak to doctors of the patients rather than the patient himself. There are many doctors who specialize in forensic pathology and help the police and FBI solve crimes. Pediatricians: A pediatrician is the doctor who studies and treats medical problems of infants, children, and adolescents. Physiologists: A physiologist is a life science doctor who specializes in physiology.Physiatrist: The doctor whose specialty is treatment and rehabilitation of patients with illness or injuries affecting their nerves, muscles, and bones. They basically help people overcome their movement limitations due to an underlying illness or injury. Plastic Surgeon: A plastic surgeon is th e doctor who can literally change the life and look of a patient. He performs cosmetic surgery to repair skin and structural problems that may alter the personality of the patient for good. Podiatrists: The doctor who studies and treats disorders of the foot and ankle.Psychiatrists: These doctors specialize in psychiatry, that is, a branch of medicine concerned with the study, diagnoses and treatment of mental illness and behavioral disorders. Pulmonologist: The doctor who diagnoses and treats lung conditions and treatments and even manages critical care patients admitted in the ICU and those that are on ventilator support. Radiologists: The study of medical use of X-rays or other imaging technologies for diagnoses and treatment of disease is carried out by a radiologist.Rheumatologist: These doctors treat allergic conditions & autoimmune disorders. Surgeons: A surgeon performs operations, related to different sub-specialties of medicine like general surgery, neurosurgery, cardiovas cular, cardiothoracic surgery, ENT, maxillo-facial surgery, plastic surgery, oral surgery, transplant surgery, urology, etc. Urologists: The urologist is a doctor who studies the urinary system and treats urinary tract infections. Emergency Doctors: Emergency doctors are those who offer their services in the emergency room (ER) and are on call 24/7.They treat various emergency cases that vary from poisoning, broken bones, burns, heart attack, and anything and everything that can be termed as a medical emergency. Veterinarian: Although, all the above fields are concerned with human treatment, the veterinarian is also a type of doctor and treat animals. They take care of different diseases of the animal world. There are different types of doctors within the field of animal medicine and like human doctors, the veterinarian too has his field of expertise in case of animal problems.This was some medical career information related to different types of doctors and their related line of wo rk. There are over 50 to 60 specialties of medicine and each specialty has different types of related doctors with varying salaries. You need to understand your area of interest and then choose your line of specialty as a career. I hope this article on different types of doctors and what they do has helped you find your field of interest.

The major theme of Death of a Salesman Essay Example

The major theme of Death of a Salesman Essay Example The major theme of Death of a Salesman Paper The major theme of Death of a Salesman Paper Essay Topic: Death Of a Salesman The major theme of Death of a Salesman, above all else, is about Dreams and how they are the contributing factor of each characters perception of reality. The perception of reality that each character visualizes is of there own highest aspirations in life. The theme of dreams is the most important theme of Death of a Salesman, and I will be examining and comparing this particular theme with three other themes as well. These three themes are as follows: Honesty, Time and Performance. In completing my comparison of all four of these themes, I will weigh the importance of each one against the theme of Dreams, and as a result, come to a solid conclusion that indeed the theme of Dreams is the catalyst of the Lohman familys false perception of reality itself. In examining Death of a Salesman and a few of its most important themes, the theme of Dreams is certainly the most compelling and interesting of the four that I have selected. Each member of the Lohman family are all victims of their own false perception of reality. Their perception of reality is so out of focus that they are all blinded by their own aspirations of being something that they are not, as well as something that they cannot accomplish. This negativity towards the Lohman family is rightfully justified as a result of all three of the Lohman mens lack of ability to succeed and accomplish their very high aspirations. Death of a Salesman is dream-like, and as a result of this theme, it is evident that one of the main characters, Willy Lohman, is inside a dream that is made of life itself. Through Willy, the theme of dreams will be shown throughout the entire play more so then any other theme that I will be discussing. The hopes and dreams of all four members of the Lohman family rise out of reality. By this interpretation of their reality, it is easy to say that reality for the Lohman family is far from the truth. The one member of the Lohman family is far from the truth. The one member of the Lohman family that has any sense of reality is Willys wife, Linda Lohman. Linda tries to keep everything in perspective, and has a decent sense of reality even when her husband drills the idea and his false self confidence in regards to their financial situation into her head. Their financial situation is handled by Linda, yet Willy is the provider of the family and feels the need to always reassure Linda that he is making more then enough money to support the entire family. This is a false realization of the Lohman familys financial situation, and Willys ability to provide for his family the way he would like to will never be achieved. Death of a Salesman is not only about dreams, but about honesty, time and performance. These three themes will be discussed in comparison to the theme of dreams in the following two paragraphs. Willy Lohman had a dream, but this dream was based on Dishonesty. His dreams of being a well-known and prestigious salesman were only dreams, not reality, and should have been acknowledged as such. Unfortunately, Willys dreams of being a great man, as well as being a famous and popular salesman were foolish, yet not unattainable. At the same time, these self-images were very unrealistic and just not true. What Willy presents to his own family about his self-image is a false one, yet his oldest son Biff is infected by these false images of his father. In turn, he believes that he can accomplish and have anything he would like, even when he knows a particular thing is unattainable. Not only is Willy dishonest, but his two sons Biff and Happy are as well. Biff is dishonest several times during the play, and in one instance he stole, or as he claimed borrowed a football from his school claiming that he would return it the next day at school. Willy has two sides to himself most of the time when it comes to Biff. At times, Willy praises him saying how great he was and still is. Other times, he is complaining and venting off steam by talking down at Biff and speaking negatively of him. Because of Biffs false sense of security that his dreams have given him, the theme of dishonestly comes into play more so. This is the case due to the fact that this particular dishonestly would never have taken place if only Biff understood what it meant to be an honest guy. He never got a chance to due to his fathers perception of reality and his false dreams. Willy dreams that one day Biff will become something big, something that he could be proud of. Unfortunately, Biff is incapable of achieving his fathers high expectations for him, and gets very frustrated at times as a result. These dreams are the cause of this particular dishonesty-filled scenario, thus giving the theme of dreams the most importance and acknowledgement. Willy is the most dishonest of all characters in Death of a Salesman, and as such is prime subject of this theme. Willys aspirations and dreams slowly become smaller and as he has grown older, he begun to realize that he is living a lie, a dream. As a result of this realization, he tries to kill himself. Willy is also unsatisfied with his wife Linda at times, so he cheats on her with a woman from Boston. He tries to lie his way out of it, yet is unsuccessful. This is yet another example of his dishonestly. His dreams of wealth not only for his family, but for himself, are very far-fetched. These aspirations, false dreams, and dishonestly were ultimately the death of Willy Lohman.

5 Ways to Minimize Prepositional Phrases

5 Ways to Minimize Prepositional Phrases 5 Ways to Minimize Prepositional Phrases 5 Ways to Minimize Prepositional Phrases By Mark Nichol A prepositional phrase is a series of words beginning with a preposition and providing additional information in a sentence that pertains to position (hence the word preposition) or relationship; the phrase â€Å"with a preposition† is itself a prepositional phrase. Though such phrases are not inherently undesirable, they are often easily avoidable contributors to compositional clutter. This post lists and describes five strategies for eliminating prepositional phrases by omission or alteration. 1. Use Active Voice A prepositional phrase beginning with by often signals an opportunity to convert a passively constructed sentence into active voice (and render it more concise), as when â€Å"The action was seen by observers as nothing more than a delaying tactic† is revised to â€Å"Observers saw the action as nothing more than a delaying tactic.† 2. Omit Prepositions Many nouns pertaining to a characteristic or a quality are nominalizations, or buried verbs, which are valid words but should be used in moderation, if at all, because they encourage verbose and overly formal composition. The sentence â€Å"They conducted an investigation of the incident,† for example, becomes more concise when one converts the noun investigation into its verb form and alters the rest of the sentence accordingly: â€Å"They investigated the incident.† (This strategy reduces the three-word prepositional phrase by only the preposition itself, but it further simplifies- and shortens- what comes before.) 3. Omit Prepositional Phrases In the sentence â€Å"John Smith is the best runner on the team,† the prepositional phrase â€Å"on the team† may already be apparent from the context, so consider omitting it: â€Å"John Smith is the best runner.† 4. Use Adverbs in Place of Prepositional Phrases Just as conversion of a nominalization into a verb can render a prepositional phrase unnecessary, such a phrase can be eliminated by changing an adjective to an adverb and further revising the sentence accordingly: â€Å"Jane stared at him with a quizzical expression† becomes â€Å"Jane stared at him quizzically† (or even, by omitting the sentence’s other prepositional phrase, â€Å"Jane stared quizzically†). 5. Use Genitives in Place of Prepositional Phrases A genitive, or possessive, can substitute for a prepositional phrase beginning with of, as when â€Å"John sensed the annoyance of his teacher when he offered yet another glib excuse† is revised to â€Å"John sensed his teacher’s annoyance when he offered yet another glib excuse.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:Addressing A Letter to Two PeopleDoes "Mr" Take a Period?Using Writing Bursts to Generate Ideas and Enthusiasm

How to Create a Homeschooling Lifestyle

How to Create a Homeschooling Lifestyle Academics are a vital  aspect of homeschooling. However, we homeschooling parents need to avoid the trap of becoming  overly focused on them and on trying to recreate a traditional classroom setting. Doing so can cause us to  lose sight of what a gift it is to have the  freedom  to homeschool our children. Home educating doesn’t mean that we bring school home. Instead, it means that we incorporate learning into our everyday lives until it becomes an extension of our family life. Try these simple tips to put the home  in your schooling. 1. Snuggle up together to read – even if you’re all reading different books. It doesn’t matter if you’re reading books for school or books for fun, if you’re reading aloud or everyone has their own book – snuggle up to read together! A bed or couch is a perfect, year-round snuggle spot. A blanket in the back yard makes a stress-relieving warm weather book nook. Move the blanket near the fireplace or heater for a cozy cold weather spot. 2. Bake together. Baking together provides opportunities for younger kids to practice real-life math applications (such as adding and subtracting fractions), following directions, and basic kitchen chemistry. It allows older students to learn home-making skills in a real-world context. Baking together creates  discussion time for kids of all ages. It also helps your entire family to bond and create memories together. 3. Learn alongside each other. You don’t have to fumble your way through algebra or chemistry. Take the course with your students and learn together. This shows your kids shows them that learning never stops. 4. Discover family hobbies. Discovering activities that you all enjoy doing together builds family relationships .It also  provides additional  learning opportunities. For older kids, family hobbies may even translate to elective credits for high school. 5. Take family field trips. It’s fun to go on field trips with your homeschool group, but don’t forget about family-only field trips. The kids often learn more because they’re not distracted by friends. Family field trips also provide the non-teaching parent a chance to get involved with what the kids are learning. 6. Involve the non- teaching parent in real, practical ways. Let Dad (or Mom) do something besides ask, â€Å"What did you learn in school today?† Let the parent who isnt the primary teacher do science experiments or art class on the weekends or in the evenings. Let him read aloud to the kids in the evenings. Ask him to teach them to change the oil in the car, cook a favorite meal, or set up an Excel spreadsheet. Be aware of practical opportunities for homeschool dads (or moms) to be involved based on their talents and your family’s needs. 7. Allow character training to take place over academics. There comes a time in every homeschooling family’s life when character training needs your focus. It’s a time when you need to put the books aside and give your attention to the issue at hand. The books will still be there tomorrow or next week or next month. 8. Involve your children in your everyday life. Don’t overlook the educational value of everyday activities such as grocery shopping, running errands, or voting. Take your children with you. Don’t feel that school has to be a completely separate part of your day. 9. Don’t consider life events a disruption to school. At some point, most families will face life events such as a death, a birth, moving, or an illness. These are not disruptions to learning. They are opportunities to learn and grow together as a family. 10. Be involved in your community. Look for ways to get involved in your community as a family. Serve in the local soup kitchen. Volunteer at the library. Work in local politics.   Homeschooling families need to understand that learning happens all the time. We need to embrace these moments,  instead of seeing them as a disruption to school.   Dont miss the opportunities that are all around you to put the home in your schooling.

Criticism on Management by Objective (MBO) Approach Essay

Criticism on Management by Objective (MBO) Approach - Essay Example One of the major flaws within the MBO technique is the failure to address motivational factors effectively. Although the MBO approach allows the managers and subordinates to align their short-term goals with organizational objective, individual motivational components are not adequately addressed. According to Levinson, the MBO technique fails to incorporate emotional components of motivation into the system hence creating more pressure in the employees (1). In particular, employees are not emotionally motivated in achieving the set goals and hence the development of the conflict between the managers and subordinates. MBO technique does not provide means of achieving the set objectives. Ideally, in the MBO technique, the managers and subordinates formulate timely and measurable objectives within the organization (University of San Francisco 4). However, in this technique, the required sets of behavior in order to achieve set objectives are not stipulate. This causes confusion and challenge to the employees, especially the one who is not accustomed to the organizational process. In conclusion, the MBO technique has been criticized because of several flaws within the system. It is clear from the above discussion that failure to provide behavioral means of achieving objectives and lack of emotional motivation form the basis of criticism for the technique. Therefore, the manager using this approach should try to incorporate the discussed aspects in order to get the good outcome.