...Time to rewind back to Economics 101. The beautiful topic of Economics is based on the principal of scarcity: we have a limited amount of time and resources available to us and must make choices of how to allocate what we DO have. In college, this means balancing the 3 S’s: Sleep, Studying and Socializing. Take a look at the following three principles and think about how you can apply them to your own life. Opportunity Cost This balancing act presents an opportunity cost: what you need to give up to attain what you2384185522_71ae7b4334_m want. For example, you can choose to study for an exam or go party with friends. If you choose to study, your opportunity cost is partying with friends. Opportunity costs do not always have a monetary value associated with them, rather, the cost is: anything of value to the person assessing the situation including energy and time. We are faced with many situations where evaluating opportunity cost can be very valuable. Here are some examples: -Should I go to grad school that costs $X,000 per year, or continue at my job making $X,000 per year? -Should I save that extra $100/month or put $100/month towards my high interest credit card debt? -Should I go out to a trendy new restaurant with friends, or stay in to work on my freelance projects? -Should I grow my side business, or put more hours in at my day job? -Should I stay at this job or should I find a new one? These are not questions that other people can answer for you. In...
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...PRINCIPLES OF MANAGEMENT APPLIED RESEARCH AIR FORCE LIFE CYCLE MANAGEMENT CENTER (AFLCMC) Park University Internet Campus A course paper presented to the School for Arts, Sciences, and Distance Learning in partial fulfillment of the requirements for the degree of Baccalaureate Principles of Management Park University July 2015 This paper or presentation is my own work. Any assistance I received in its preparation is acknowledged within the paper or presentation, in accordance with Park University academic honesty policies. If I used data, ideas, words, diagrams, pictures, or other information from any source, I have cited the sources fully and completely in a citation within the paper and listed on the reference page. This includes sources which I have quoted or that I have paraphrased. Furthermore, I certify that this paper or presentation was prepared by me specifically for this class and has not been submitted, in whole or in part, to any other class in this University or elsewhere, or used for any purpose other than satisfying the requirements of this class, except that I am allowed to submit the paper or presentation to a professional publication, peer reviewed journal, or professional conference. This is not a draft, and is submitted for grading to satisfy in part the requirements for this course and the program(s) in which I am enrolled. In typing my name following the word 'Signature', I intend that this certification will have the same authority and...
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...“It is a mistake to reject religious principles in favour of secular/ethical principles for guidance in medical ethics” A religion such as Christianity has rules and guidelines that are made by the Church using teachings and bible scriptures so that Christians can live a moral life to achieve an afterlife. An example of this is the Ten Commandments that was given to Moses which contain laws such as ‘thy shall not steal’ and ‘thy shall not kill’. These laws were giving to Moses so that people would do the right and good things. Secular principles such as Utilitarianism and laws made by the government for non-religious people to use as guidance to outline the right and wrong. Within this essay, I will examine how religion is a part of the rationing and prioritising sector when it comes to healthcare resources as well as the advantages and disadvantages when using non-secular principles when distributing resources. Beauchamp and Childress’ Four Principles of Biomedical Ethics are respect for autonomy, beneficence, non-maleficence and justice. This is one of the ethical principles that are being used by the NHS. The four principles are there to be used equally and fair when choosing the best decision for a situation of medical treatment. Autonomy means that you should respect a patient’s decision by giving them all the information they need to make their financial decision. Autonomy suggests that patients should be the ones to make their decisions and not healthcare professionals...
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...1. Professional Code of Ethics (Page 13, third paragraph): Every discipline has its own set of rules and regulations that need to be followed if one practices it. These are known as professional codes of ethics. These codes provide its professionals with the guidelines that must be followed in order to remain loyal and ethical with the respective profession. If one violates any of the stated codes, he/she may face serious penalty and can even get their practicing license cancelled. Many a times, these codes might be unwritten assuming that they would be too obvious to be written as a part of the code of ethics for that profession. For instance, to check the expiry date of the medicine before administrating it to the ailing patient would be so obvious that not all medical bodies would mention it. But it is the duty of the doctor or nurse to do so. Not all the times can one expect to get every single and minute detail to be written and be a part of the professional ethics. Many a times, it becomes too natural to be followed. Thus not following such duties and later on blaming the code of ethics would be lame and inexcusable. It often happens that not all the code of ethics appear moral. We might even face conflicts in certain cases and find it difficult to practice our profession remaining within the boundary of ethical codes. In such cases, it is always permissible to assess the situation and try to work out in a way that would give an outcome which would be in favor of all...
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...Booker Ethics and Moral Reasoning Instructor: Galen Johnson August 12, 2013 l If the majority of our society conducted themselves in a way they saw fit and did not abide by rules we would be living in complete chaos. My topic for this assignment is ethics. Ethics is a part of everyday life. I will demonstrate in my assignment the most convincing ethical system. I will attempt to explain why it is necessary to have universal principles. I will give the fundamental principles of ethics. I will explain what is considered the good life and how to achieve it. I will elaborate on what it ethically bad life. I will attempt to discuss if ethics is natural or learned. I will discuss the role of ethical actions. I will discuss how humans differentiate on between what is good and bad. My final point will be to explain if humans are free or determined and how this perspective relates to human responsibility. The systematic study of rules for behavior and conduct, for ourselves and for others is called ethics. Ethics are a requirement for a normal life. It is a study of right or wrong in human actions. Ethics helps us understand who we are. Without out ethics a human life would be full of destructive patterns. A good foundation of ethics requires a standard. This standard has to have proper goals and actions to be considered ethically correct. The most convincing ethical system is utilitarianism. This ethical system dates back to the seventeenth century to the ancient philosopher...
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...essential life skills as defined by the institutional education system. The resulting instruction may have covered how to apply for a job, how to go grocery shopping, or how to create a household budget. However, there is more to life than this. Life coaching can teach you the life skills that you need to live your purpose. George Helou is a life coach who can help you develop life skills such as living by empowering principles. After years of exploring personal development himself and then applying what he learned, George has compiled 52 Empowerment Principles. Examples of empowerment principles include: the empowerment principle of focus, the empowerment principle of giving and the empowerment principle of resilience. Through life coaching sessions, George can help you learn not only what all these empowerment principles are, but also how to apply these empowerment principles to get the most out of life. Another important life skill George can help you develop is learning to communicate with empathy. The art of listening and talking with others with respect and kindness will enrich your relationships. This will help you get the most out of the time you spend with your friends and family because you will be attentive and focused. Other life...
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...Applying The Principle Of Double Effect. “But what about cases where an action aims at a good end that is achieved only through what is, according to natural law, evil? For example, in order to preserve my life (a basic good according to natural law), I must kill my attacker. Since killing violates the basic good of life, I seemingly violated the natural law at the same time I was obeying it. The “principle of double effect” has been developed by natural law theorists to resolve such dilemmas. In brief, the principle states that, in the attempt to bring about a good end, it is morally permissible that a foreseen yet unintended evil result occurs (Simon, 127).” This quote essentially means that a double effect is acting as a double standard, and while double standards are usually not considered fair/just/appropriate, in this case of natural law, it is permissible. This is because that even though an...
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...The first principle in the Ten Principles of Economics is “People Face Trade-Offs”. This principle is based on the idea that we need to give up one thing in order to receive another. This plays a role in my life because I work a full time job, have started a family and am a full time student. I have to give up something to do all of these to the best of my ability. I usually sacrifice time spent sleeping, or in entertainment. This idea continues on to the second principle “The Cost of Something Is What You Give Up to Get”. The price I have to pay in order to be a part of the three most important things in my life is only the cost of entertainment and sleep. “Rational People Think at the Margin” is used in my life to thoughtfully come up with a plan to achieve my three objectives. The student objective comes with an incentive, like mentioned in the fourth principle, I am able to work for my degree online. The fifth principle is used in my life with the family I live with. I am able to give something for them and they give something to me. We are both better off because of it. The remaining principles play a role in my life like they do anyone else’s. In the future I will have to make multiple decisions, the biggest is when I decide to buy a house. I can use the principles taught in chapter 1 and throughout this class to help make my decision. Understanding that government will play a role in our countries economy and that there...
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...experiences, abstraction and knowing that the soul is the first principle of life. Through phantasms and sensible experiences, a person can understand things outside the body using their senses and can bring the soul to light about these inklings. By using abstraction--an act of intellect--you can distinguish universals against particulars for the body to understand. Knowing that the soul as the first principle can enlighten on the act of the body and the purpose of obtaining a perfect knowledge like God. At the beginning of the reading, Aquinas compared how different philosophers had different opinions on how intellect...
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...ethics is not to be confused with the laws of nature as put forward by physicists or other natural scientists, but they are related and do overlap. In moral domains, we are not concerned to give a mathematical, experimentally based theory of ethics or justice, but we are concerned with the general order of nature and how human life is nestled in and depends on that order. For example, life (& its preservation) depends on observing the necessities and limitations of nature, how we are dependent on food, shelter, parents and a community and the satisfying of other natural needs for life to exist, continue and prosper. The most prominent philosophers & political thinkers in this line of thought include the following: ancient - Plato, Aristotle, & later Cicero & other Roman statesmen; medieval - St. Augustine, St. Thomas Aquinas & other thinkers in the Judeo-Christian tradition; modern - John Locke, & of course Thomas Jefferson & the “founding fathers” of the American republic. According to almost all of these authors, the natural order ultimately depends upon a first ordering principle that established the relation between man and nature. That first principle is commonly referred to as God or Creator, as indicated, for example, in the opening of Jefferson’s Declaration of Independence. One line of reasoning introduced by Plato is based on the law of the Division of Labor. This law holds that given our natural needs, it is most efficient, effective & conducive to our flourishing...
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...The Levels of Ethical Authority As Christians, we wonder where we should go for guidance on ethics. Stassen and Gushee in Chapter 4 take a look back at the story of the Jewish family and the holocaust. The situation was whether or not it was ethical to hide Jews during the Holocaust. The family’s strong beliefs in Christian faith and morals make this family’s actions ethical in this situation. During this period, Christians looked to their faith to help them make decisions concerning helping the Jewish people. Christians look toward five sources of authority. They are the “Bible”, “divine guidance”, “a religiously informed moral conscience”, “moral tradition”, and “church leaders” (Stassen & Gushee, 2003, p. 82). There are other sources that some turn to for guidance; examples are relatives, a husband or wife, educators, and companions. The essential point is individuals have a tendency to search for direction when they confront moral predicaments (Stassen & Gushee, 2003). This is done instinctively. When we do not know where to turn in ethical dilemmas, the one person we can look towards is Jesus. We need to look at where Jesus turned when he looked for answers. His answers came from the Bible. “Jesus lived what he understood the scriptures to teach; he immersed himself in them and knew them well” (Stassen & Gushee, 2003, p. 84). Christians must remember it is important that we must look toward the Scriptures as the authority on our ethical decisions. The...
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...“Response on the Anthropic Principle” The Anthropic Principle, formally proposed at a conference in Poland by Brandon Carter in 1973, is a theory that strongly suggests that humanity holds a special place in the Universe. This topic has become widely discussed and debated topic among scientists. Two branches of the theory are the strong anthropic principle (SAP) and the weak anthropic principle (WAP). The SAP states, “The Universe must have those properties which allow life to develop within it at some stage in its history” (www.physics.sfsu.edu). This branch of the anthropic principle has commonly been used in the argument for intelligent design (ID), which puts forth the proposition that a designer is responsible for the balance of the laws of mathematics and physics that ultimately hold our universe together. The WAP says, “The observed values of all physical and cosmological quantities are not equally probable but they take on the values restricted by the requirement that there exist sites where carbon-based life can evolve and by the requirement that the Universe be old enough for it to have already done so” (www.physics.sfsu.edu). This is simply saying that if people were not here to observe and if the universe did not work as it does, then we could not ask why we are here and why the universe works like it does. Although the SAP and WAP are somewhat different, ultimately they both appear to agree that human life is special given all of the circumstances it takes for us...
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...The Age of Reason took place in the 1700’s in America. People focused on government and living a moral life based on fact and science. They were not as focused on religion as they were during the Puritan times. During the Age of Reason they lived by several guiding principles that guided everyday life. The guiding principle that best represents the Age of Reason is adaptability. Adaptability means to change quickly based on whatever happens. Life was always changing for people living during the Age of Reason. During that time period there was the Revolutionary war and governmental changes. People had to learn to adapt to their surroundings as each change occurred. The guiding principle that best represents America today is courage....
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...table. What ethical principles are being used and which principles are being abused? The ethical principles being used: the Individualism View, Government Requirements View, the Utilitarian Principle, and the Risk Aversion Principle. The ethical principles being abused: Personal Virtues View. Scene 2 Star Trek II: The Wrath of Khan (1:38:32-1:42:23) Spok has just risked his life to save the lives of the crew and the ship. What ethical principles are being used and which are being abused? The ethical principles being used: the Utilitarian Principle, Religious Injunctions Principle, and Risk Aversion Principle. The ethical principle being abused: the Individualism View. Scene 3 Star Trek III: Search for Spok (1:36:51-1:39:57) The ship’s crew has just risked their lives to save the “reincarnated” Spok. What ethical principles are being used and which principles are being abused? The ethical principle being used: the Utilitarian Principle with a very long-term perspective. The ethical principle being abused: Risk Aversion Principle, the Slippery-slope Principle. Scene 4 Tommy Boy (1:23:46-1:24:45) Tommy’s father’s business is being sold to their competitor at the loss of the entire factory and his way of life. What ethical principles are being used and which principles are being abused? The ethical principle being used: the Individualism...
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...Mark Alva Lenderman Lenderman5@gmail.com 35 Vintage Road Candler, NC 28715 Form # 10012007 Student ID LE242594433 Seven Challenging Life Experiences Philippians 4:1‐12 By Mark Lenderman 8/2/2012 Mark Alva Lenderman Truth. The first challenging life principle found in this passage of scripture is truth. To exclude everything that is false in the life of an individual by focusing our thoughts on things that are true. No need to study the falsehoods of this world. A police officer who specializes in exposing counterfeit money does not spend the time getting acquainted with all the various counterfeit bills, rather they focus their time on the genuine authentic bills, so when the false bills arise they are able to identify them as so. The priority is to focus our attention on things that are true. Honest. The second challenging life principle found in this passage of scripture is the challenge to be honest. This word comes from the Greek word semnos, which means honorable or grave in the meaning that we need to think about things that are respectable like unto an honest man or a grave that demands respect. Concentrate our thoughts on a nobler way of thinking and living the lives that Christ intended for us to live. Just. The third challenging life principle found in this passage of scripture is Just. The idea here is to lift up things that are righteous or right. The Apostle Paul witnessed this firsthand when he was ...
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