...In this paper, we shall first briefly introduction to the marketplace for graduate employment opportunities in uk. What do employers look for is the essay going to describe secondly. Thirdly, a general comment on the intended career path and target position after graduation. In addition, the writer will through the conclusion to state briefly what skills are vital to cope with target position after graduation. (Done, J. & Mulver, R, 2011) stated the term 'labour market' is used to describe the interactions between employers who need workers and employers. labour market is both complex and dynamic, that there have two fundamental forces driving the labour market, which are demand and supply. So the relationship between supply and demand is critical. In the graduate labour market, the people who are seeking a job is the supply, and the employer offering the job is the demand. The supply have to make they known in the marketplace, and the demand have to let people know they have a job and they want to fill. Under the comprehensive influence of economy, politics and society, the employment of graduate is confronted with a fierce situation in China. In the meanwhile, it also presents both unprecedented opportunities and challenges for current graduate employment. China's human market network stated that the percentage of the bachelor of business administration employed in manufacturing sector was 58.8% in 2010. The business administration possess wide range of knowledge...
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...SARABJEET KAUR ID- s0264574 COURSE- ECONOMICS FOR TODAY RESEARCH ESSAY - ON REALATIONSHIP BETWEEN INFALATION AND UNEMPLOYMENT, MONETARY POLICY INFLUENCE OVER ECONOMIC GROWTH. The connection among unemployment inflation grabs the attention of many economist. According to okuris law, there is a visible clear connection among country’s outcome that is declined in unemployment lead to higher nation output. However, other popular economist William Philips said that there is inverse relation between unemployment inflation because Philips argued that when high reaction of workers causes increase in nations output which abo lead to high wage, customers to carry enough money to utilize, so which customers demanding more good services price would include, so that is situation of inflation increase lead to downfall in unemployment inflation full down result to increase the ratio of unemployment. For better understanding it is important to know what is reason behind the increase relationship between both that is when there is increase in aggregate demand (AD to AD2) lead to increase in real GDP (Y1 toY2) hence companies need more labor and unemployment falls. Monetarists were criticize the Philips increase relationship, because they believes that there is no trade of in long run (As is inelastic) they said that when demand aggregate is increase than employees want higher nominal salary. Furthermore when employees get it, and work more as they think it is actual wages is increased. Thus...
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...Today, a global recession has become a biggest threat to world. Due to this global recession, it is a macroeconomics crisis. In last few years, unemployment has become a serious and top most problem in many part of the world. Also increased globalizations have put more employee job into risk. The under developing countries like India, china are facing their bad time. Emerging economies like China and India are affected by the negative influence of the US Subprime Market Crisis. By reducing the demand for labor we can bring economic downturn, but it tends to increase the unemployment level in the formal sector and bring the wages charge down. It means the poverty rate is increasing and as well as the unemployment is also increases at the same rate. Such both effects try to tend the unemployment and poverty in formal economics. Thus recession works into two ways, directly or indirectly. Directly, in this scenario it decreases the wages of employees and it creates more jobless Is this essay helpful? Join OPPapers to read more and access more than 600,000 just like it! get better grades employees it means more number of poor in formal economy. In directly in this scenario it brings wages down those already employed in formal economy. In other word when the economy is passing through in a recession scenario the GDP rate will be high. The goods, service and product demand would be low. When demand of the product would be low the consumer expenditure also will be low. When demand...
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...this siteTop of Form 1 Bottom of Form 1 Linked From Here || The Web || Tuesday, April 13, 2010 Essay on Child Labor Essay on Child Labor Instead of aiming at abolishing child labor, should policy makers look for alternative approaches. Parents feel compelled to send their children to work as a means of survival. Although not immediately apparent, a simple ban on child labor does not prove effective in ridding of it. Therefore, integrative efforts should be made in conjunction with eliminating child labor. Instead of waiting for the natural economic growth to slowly remove child labor, the government and policy makers may intervene by offering incentives. Integrative policies include improved schooling, trade union involvement, school meals, and income subsidies. To find alternative means of addressing child labor where it prevails on a larger scale after establishing it as the perpetrator of such maladies as reduced adult wages, adult unemployment, and negative impact on human capital. Child Labor is a prevalent problem throughout the world especially in developing countries. Children work for a variety of reasons, the most important being poverty and the induced pressure upon them to escape from this plight. Though children are not well paid, they still serve as major contributors to family income in developing countries. Our Service Can Write a Custom Essay on Child Labor for You![->1] Schooling problems also contribute to child labor, whether it be the inaccessibility...
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...Jatin Sharma Amber Petersen English 100 May 30, 2018 Socioeconomic Problems and Gun Related Deaths Carrying gun for personal use may be good for safety to some extent. People will be dying till socioeconomic problems such as unemployment, poverty alcohol consumption exist, but gun related death can be stopped up to some extent by controlling guns. For example, in India, many people are killed by a gun shot in weddings. A recent study says that guns are responsible behind the death of 32,000 people every year in The United States and that is why this topic became a matter of concern. My research question relates to the relationship between socioeconomic problems which mentioned before and its related homicide rates? I took the Mark Gius’s...
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...of 2009, world economists started to believe that recession was over. The subsequent recovery was weak with persistent high levels of unemployment and inflation which still remained throughout many countries(The Economist.2010). This so called economic crisis caused substantial economic upheaval. Rich countries are no longer dominate the world, while rapid economic growth in Asia is becoming more and more significant. This essay will emphasize that the balance of power will not shift to the East, as India and China develop, and will illustrate the key fact why the West will not regress. An analysis regarding the forecast for both, developing and developed, countries will be provided by looking at: the economic prognoses for Asia, China and India in particular; the potential economic stagnation in rich countries; the evidence suggesting that the balance of power will not shift from West to East. Current economic situation in Asia. Forecast for Chinese and Indian economy. Even The Great Recession in 2007 could not stop sustained takeoff of two countries, which population together accounts one-third of the planets population, India and China. Both countries have been growing steadily for the last two decades, China by 9.5% a year and India by 6%(Bloomberg BusinessWeek.2008). Complementarity makes these countries especially powerful. India keeps amaze the world with design service and precision industry while China stays dominant in mass manufacturing. In other words those...
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...Short Essay On India In 21st Century In the 21 century, as India enters the age of computer, we would be able to solve various problems as a result of which India would appear for more glorious than the present state. After Independence India has been on the move politically towards stability, socio-economic progress, scientific and cultural achievements. The U.N.O also wants every country to achieve the goal of “Health for All” by the beginning of 21st century. A number of problems of india, expected to be rooted out speedily after independence, have lifted their ugly heads even after 60 years of independence. Regionalism, separatism, terrorism are on the rise with a fiercing mood. Unemployment ,population explosion, illiteracy, poverty, health and housing problems appear as the stumbling blocks that we are facing now-a-days. Above all, we bear the heavy burden of population and the sense of cultivating moral values has been eroded. It is a shame for us. To provide for the basic necessities of such a vast population remains a difficult task, and there is no sign that the problem of food cloths and shelter will be solved by the start of the century. So a large section of the people will enter into the new century with poverty as their bosom friend. Another of her major problems is illiteracy. Since India has not succeeded in making education free for boys and girls ups the age of fourteen, it is unlikely that she will be able to arrest her trend of illiteracy. Another...
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...channels; this helps to increase efficiency and cost-effectiveness in conducting economic activity. For example, the use of Internet—Skype, Facetime, Whatsapp etc. makes the world shrink its size as people can simply reach out to people who are miles away. This facilitates growth of economic activities as interaction and connection between people all over the world becomes a lot easier. What’s more, the market liberalization is indeed an important predictor of the success of globalization. Travelling back in time at the 21st century, the scale of capital flows and the interaction of global economic had already remained extraordinarily extensive, including both developed and developing countries. (“Globalisation Effect On Unemployment And Economy Economics Essay”, n.d.), such fierce growth rate of economic activity back then had resulted in...
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...ECON 515 MACROECONOMIC POLICY FALL 2012 Monday & Wednesday 8:00AM-9:30AM 9:50PM-11:20PM 1:10PM-2:40PM Rawls 3082 INSTRUCTOR: DR. GERALD J. LYNCH Office: Rawls 4039 Phone 494-4388 lynch@purdue.edu Secretary: Sherry Fisher 496-7227 Office Hours: Monday and Wednesday 3:00-4:00 and by appointment Introduction to the topic: As recent turmoil in the financial markets has demonstrated, macroeconomic fluctuations in the economy can create a difficult operating environment for the firm. This situation is further complicated by the fact that it is an environment over which the firm has little control. Even though the firm cannot control the environment, it can still react to economic conditions in ways that minimize its uncertainty as long as it understands the constraints it is facing. The purpose of this course is to help in an understanding of the macroeconomy. Macroeconomics is that branch of economics that seeks to understand and explain changes in output, general prices, employment, interest rates, foreign exchange rates, the balance of payments, and other related phenomena. Emphasis is given in this course to analyzing financial markets where interest rates are determined. We will spend more time than usual on the financial markets this year in response to the uncertainty in that environment today. Also, since the macroeconomic environment in this country is increasingly influenced by international conditions, the factors underlying trade and exchange...
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...benefits of urbanization outweigh the costs. Discuss. “Urbanization is the increase in the proportion of people living in towns and cities” (Learn on the Internet, 2008). Globally, urbanization is increasing. For example, in 1950, the percentage of urbanization was 30%, now, it is around 55%, and by 2030, it may rise to 60%. (WHO, 2010). In addition, this phenomenon usually happens in developing countries. At present, urbanization is mostly happening in countries such as China and India (Learn on the Internet, 2008). For instance, in 1980, there were 501 million urban residents in low income countries, but in1995, this increased to 912 million. People move from the countryside to cities for several reasons. One reason may due to “population pressure and lack of resources in rural areas” (Learn on the Internet, 2008). A more positive reason may for this move be better opportunities which include higher salaries and health care. In spite of these benefits, there are also some costs. In this essay, the benefits and costs of urbanization will be discussed. It will first focus on three benefits then two costs. Urbanization has several benefits. Benefit number one is efficiency. Efficiency here means using less time to do more things. One example of efficiency is that recycling programmes can be carried out because of the concentrated population. People usually live in apartment complexes and there may be hundreds of people living in one block. Compared with individual...
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...India of my dreams is a place where there’s an IIT for every Harvard and a Narayan Murthy for every Bill Gates. Where youngsters don’t hop aboard a plane to US for their dream job, rather stay back in their homeland and work for its welfare. An India, where those not related by blood are united by beliefs. By their love & not separated by faith or color; where it’s not a crime to wed out of ones community, where millions aren’t stashed in Swiss accounts rather with every individual. India of my dreams is such a place where each Indian truly believes that ,”Saare Jahan Se Achha Hindustan Humara.” “Be proud that you are an Indian, proudly claim I am an INDIAN”, these are the words of Swami Vivekananda. India-my motherland, with its mighty Himalayas looks like a golden bird flying high all above the sky with its cultures, traditions and with many advanced developments in science and technology. I am very proud to be an Indian. I love my country and I want to be the best in the world. I wish that my country should become a great nation with its talent and capability. I have a sweet little dream for my motherland. People in India should be self-sufficient in food for which we have to make the barren lands productive. New varieties of seeds and modern tools should be used for agriculture which is the backbone of Indian economy. The India of my dreams is a corruption-free nation. Beggary should be abolished; government should be people-friendly and citizens should...
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...Introduction Ever since the 1980s, technology, especially that of information technology and transportation, has witnessed an unprecedented development. This has given such an impetus to international migration that it floods every corner of the world with the momentum of an avalanche. With this comes a substantial increase in the exchange of human capital between nations. Against this background, the pace of international migration keeps accelerating and the scale of it continuesto expand. However, as is often pointed out, international migration is a two-edged sword with dual effects.Nevertheless, the benefits of international migration are in excess of the economic costs. This essay will examine the brain drain and government spending on education problems for origin countries, meanwhile, unemployment problems, wage problems and social service spending for countries of immigration will also be included.(the essay’s structure) Brain drain for origin countries It is believed that international migration does harm to the human capital of origin countries, which is called brain drain.（this is the topic sentence, it is important. Becs readers can understand what you are going to talk about ）Research conducted by Indian households in 2004 shows that about 40% of emigrants have obtained at least a diploma of senior high school, the percentage of which is substantially higher than that of all Indians over the age of 25(TheEconomist,2011)(this is the example.it should be closely...
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...Essay on the Role of Banking in India's Developing Economy One of the major considerations that led to the nationalization of the fourteen major commercial banks of India in 1969 was the fact that banks, in general, had been negligent of the vital priority sectors of the economy, viz., agriculture and small-scale industries. The commercial banks had remained largely indifferent to the credit needs of the farmers for agricultural operations and land improve¬ment. A handful of people were able to exploit the bank finance to serve their own individual interests and convenience. Very often, they used bank funds for the hoarding of essential articles and for specialization, thus nurturing anti-social elements. Nationalization brought about a major policy shift in the working of these banks. The economic development of our country depends more on real factors like the industrial development, modernization of agri¬culture, organization of internal trade and expansion of foreign trade, especially exports, and less on the monetary factors contri¬buted by banking— Economic planning like laying down of specific targets and allocating particular sums of money that constitute the economic policy of the government also plays a significant role. Still we cannot under-estimate the importance of banking and the monetary mechanism. One of the most important problems of a developing economy is that of capital formation. There is a good deal of difference between hoarding and saving and the people...
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...Economic Environment: Economic Environment is a vital component of the mega environment from the standpoint of strategic planning. Any industry and Business depends heavily on economic environment (Ramaswamy & Namakumari, 2007). Fortune of industry and business heavily rests on the purchasing power of the people and purchasing power is largely a product of economic environment. The economic factors that affect the Google industry are: Economic Conditions of different segments of population, their disposable income and purchasing power. Trends in income distribution and consumer-spending pattern, income, savings and credit availability. Rate of inflation, Tax rates & Interest rates and exchange rates. Behavior of capital markets: The corporate sector and capital market are important indicators of sophistication and growth of an economy. Political Environment: the political environment exercises great impact on industry and business. With development on the political front affecting the economy, the economic factor often becomes by-product of the political environment (Ramaswamy & Namakumari, 2007). The political factors that affect the Google industry are: Form of Government Political stability Tax Laws Laws related to the hiring and promotion of employees Technological factors: Technology is a major force for industry and business to reckon with. Technology leads practically all forces that shape people’s lives. For a business firm, technology affects not only its...
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...Essay on globalization For a long time since Nehru's days, India followed the model of 'mixed economy'. Its economic philosophy was 'democratic socialism'. As Nehru himself believed in socialism, he did not have faith in rich people. He was of firm view that the rich exploited the poor. Therefore, his government laid stress on the development of poor, and the state was given the main responsibility for this. Nehru viewed state as the main agency of economic development. In the regime of mixed economy, security of country, social welfare and economic development were mainly the responsibility of government. The public sector was under government control. Other industries were in the hands of industrialists. Nehru's mode! Of economic development lasted long. But in course of time it became clear that the industries in the public sector were incurring heavy losses while private industries were making big profits. The weakness of Indian economy was exposed in the middle of 1980s. The government faced a serious foreign exchange reserve crisis. It miserably failed to repay the debts taken from the World Bank and the IMF. Against this background the Narasimha Rao government, adopted the New Economic policy in July 1991. The main elements of this policy were liberalisation and privatisation which were also the elements of globalization. The Finance minister in the Rao government was an eminent economist, Dr. Manmohan Singh who is now the Prime Minister of India. The introduction...
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