Greenwich Park Article Example | Topics and Well Written Essays - 4000 words

Greenwich Park - Article Example This has naturally raised a controversy and objections against the events being held in the park are increasing day by day. The London Organizing Committee of the Olympic Games (LOCOG) and the public and other groups have conflicting opinions regarding this. The LOCOG maintains that the park will be left relatively undamaged and will be restored to its original condition as much as possible, while the public, environmental groups, residents of the village, visitors to the park and even certain sports bodies, raise the objection that irrevocable damage will be done to the part if those events are held there. This paper is a review of the park in its existing glory and the impact that the Olympic events will have on the park. In the process, published literature on the issue will be reviewed and a survey conducted among the students who enjoy facilities of the park. The views of the LOCOG will also be taken into consideration for understanding their standpoint. The final section will b e an opinion regarding the costs, impacts and benefits, if any, that will accrue if the events are held in Greenwich Park. The history of the park, the facilities available, and other relevant information regarding the park will also be reviewed here. History of Greenwich Park: The site on which the park is located has been inhabited right from the Roman periods and some remnants bearing testimony to this have been excavated from this site by archaeologists over a period of time. The land on which the park is situated was inherited by the then Duke of Gloucester, Humphrey in 1427. He enclosed the area with a fence and also built an observatory tower. After his death, his sister-in-law (wife of Henry VI) seized the land for herself. "Greenwich Park was popular with the Tudors. King Henry VII rebuilt the manor house to make the Palace of Placentia - or Greenwich Palace." (Greenwich Park - The Royal Gateway. 2009). Henry the VIII of England introduced deer on to this beautiful hillock overlooking the Thames River in 1515. Henry and also his two daughters were born in Greenwich Village which bore the name of Placentia at that time. Trees and flowering plants were planted in French Landscape Design during the 1600s and some of those trees still stand today. Quee n Anne had a house built in the park which is now called Queen's House. The iconic landmark of the park, namely the Royal Observatory was built under the orders of Charles II who was an avid lover of astronomy and science. It was built under the aegis of the Royal Society and was named Flamsteed House to honour England's first Royal astronomer. The building stands on the Greenwich or Prime Meridian which technically divides the earth into east and west. The park suffered some damage during the World War II, but was subsequently restored to its original glory. The whole of Greenwich along with Greenwich Park is now a World Heritage Site as designated by the United Nations. The size of this Royal Park is a little more than 180 acres. The place is an extremely popular spot with the locals, tourists, and students as it offers many facilities for sport, enjoyment, and leisure. Facilities at the park at present: The word present is used here since it is not very clear as to

Three Pane Model Essay Example for Free

Three Pane Model Essay Utility for Business Managers: Firms resort to macroeconomic analysis to make rational judgments about the effects of global events or policy shocks on the economy and thereby on the business environment. But such analysis is often laden with possibilities for logical missteps. The Three- Pane model (open economy IS/LM model) is discussed here as a tool for explaining key relationships in the economy while avoiding the missteps encountered in macroeconomic analysis. What is open economy macroeconomics? Macroeconomic analysis helps firms to explore the interrelationships among a whole host of markets, while microeconomics focuses on variables like price and quantity, cost and revenue in individual markets. Macroeconomic analysis can be closed-economy or open -economy. Closed-economy macroeconomics deals with movements in and relationships among aggregate variables such as National Income, rate of interest, the aggregate price level, rate of inflation etc. Open economy macroeconomics makes the analysis complete by adding analysis of capital flows, international trade and exchange rate. The objective of this note is to introduce the Three-paned or Open-economy IS/LM model. As we will see, this model is an extension of the simple closed-economy IS/LM model. A Little Bit of History: The IS/LM closed economy model was introduced by the British Economist, Sir John Hicks in 1937. The IS/LM model denotes the simultaneous equilibrium of the two key markets in a market economy, product (real) market and the money market. IS represents real/product market equilibrium and LM, money market equilibrium. IS refers to the fundamental relationship between Investment (I) and Saving(S). LM represents the relationship between L, the demand for money, and M, the supply of money. The open economy version of IS/LM is credited to two economists, Robert Mundell Marcus Fleming and hence called the Mundell-Fleming model. The three-paned model we are discussing here is pretty close to the Mundell-Fleming model. This model is best suited for discussing short-to-medium term changes in the economy, i.e., changes over a few years. The Three-Paned Model [Large Open Economy IS/LM Model]. The model as presented in the below diagram has three panes with one graph in each pane. (1) Pane I depicts the IS/LM model [product money market]. Point ‘e’ in the first graph represents the equilibrium rate of interest and the corresponding level of output/income at which, both the product and money markets are in simultaneous equilibrium. (2) Pane II [capital outflow schedule] shows Net Capital Outflow as a function of the rate of interest. Net Capital Outflow (CF) is defined as the difference between Capital Outflows and Capital Inflows. (3) In Pane III, we have the foreign exchange market, where the exchange rate, E is determined by the capital outflow schedule in Pane two and net export schedule ( NX). NX is the difference between Exports and Imports. PANE I PANE II PANE III Diagram showing the Three-Paned Open-Economy IS/LM Model Explaining the working of the Three-paned Model: Now let us see how the three-paned model works. We begin from point ‘e’, the initial equilibrium, in the ISLM model. Point e represents the simultaneous equilibrium of the product and money markets at an equilibrium rate of interest, ’ r’, and ‘ Y ‘ level of income/output. To determine the equilibrium in the capital outflow schedule, the equilibrium rate of interest, r, is brought over from the first pane to determine the equilibrium amount of net capital outflows. When the rate of interest is r, equilibrium CF in the economy is given by CFo. Suppose the RBI hikes the rate of interest from r to r1. If r* remains constant, r-r* increases. This increases relative returns in the domestic economy which creates two kinds of impacts. One, the capital outflow decreases, and two, the capital inflow increases. Therefore, the net capital outflow decreases, which is shown by the fall in CF from CFo to CF1. Likewise, if there is a fall in the interest rate from ro to r2, capital outflow increases, and capital inflow decreases, leading to an increase in net capital outflow as indicated by an increase in CF to CF2. The Capital Outflow (CF) curve is therefore, downward sloping. This means that, higher domestic rates of interest are associated with lower net capital outflows, and lower domestic rates of interest are associated with higher net capital outflows. As mentioned earlier, the three-paned model plots the net export schedule (NX) with respect to the exchange rate, E. E is defined as the foreign currency per unit of domestic currency. If we drop the equilibrium amount of capital flows CFo from pane II to the third pane we get the equilibrium amount of net exports, NXo, which is determined by the intersection of the perpendicular dropped from the CF schedule with the NX schedule. This also gives the equilibrium nominal exchange rate, Eo. [Here, we are assuming price levels at home and abroad as constant, therefore, nominal and real exchange rates can be considered to be proportional. i.e., they won’t be different]. How do we explain the model in simple economic terms? In a closed economy, the rate of interest decided by the RBI defines the simultaneous equilibrium in the product/goods market and the money market, as shown by the intersection of the IS LM curves (Pane I). Suppose that we open up the economy and also assume that we are considering a large economy [as in the case of India]. Pane II III shows how a domestic interest rate change (assuming foreign rate of interest rate to be fixed) impacts capital flows and thereby the exports and imports and the exchange rate in the economy. A hike in the interest rate by the RBI would attract capital from outside-increase in inflows- and would decrease capital outflows. This would lead to a fall in the net capital outflow. A fall in the interest rate would have the opposite effect, leading to a decrease in inflows and an increase in outflows, thereby increasing net capital outflows. When capital inflows increase due to a hike in the domestic interest rate, let us assume that most of the inflows are in the form FDI. That is, there would be an increase in demand for rupee denominated assets thereby increasing the demand for the rupee in the foreign exchange market, vis-à  -vis the foreign currency, say, dollar. This would appreciate the exchange rate (E to E1) vis-a –vis the dollar (exchange rate E was defined as foreign currency per unit of domestic currency).The appreciation of the exchange rate makes exports costlier and imports cheaper. Therefore, exports fall and imports rise, resulting in a fall in Net Exports as shown in pane III, from NXo to NX1. Similarly, a fall in rate of interest would depreciate the exchange rate, leading to a fall in imports and rise in exports, resulting in an increase in net exports. Thus the three-paned model or the open-economy IS/LM model gives the business decision maker a framework to understand and analyze changes in and interrelationships between rate of interest, capital flows, exchange rate and net exports in a large open economy. â€Å"We can address important questions about how the macroeconomy, capital flows, international trade, and the exchange rate will respond to a wide variety of events and shocks. (1) How will these key variables respond to an increased money supply or an increase in taxes? (2) How does a sudden drop in consumer’s willingness to make purchases or a technological shock that makes investing more appealing affect interest rates, unemployment and the exchange rate? (3) What will be the resulting effects on the direction of the economy and the key variables?† [ 2 ]. Economic Models: An economic model may be defined as a logical framework that is based on explicit assumptions about how key economic variables interact. The links between these variables are based on assumptions rooted in economic theory and are also explicitly defined by the relationships that govern the model. The key to understanding any economic model is to understand the logical structure and its underlying assumptions. The set of assumptions in the model enables the analysis of the impact of changes in one or more variables on the rest of the economy (-while not violating the original behavioral assumptions). [ 3 ]. John Hicks, â€Å"Mr. Keynes and the Classics: A Suggested Interpretation†, Econometrica, 1937. He was awarded the Economics Nobel Prize in 1972. [ 4 ]. For a detailed discussion of the IS/LM model, see Dornbusch,Fischer, Startz-Macroeconomics, Chapter 10, pp219-240,10thedition. [ 5 ]. Net capital outflows as defined earlier, are equal to capital outflows minus capital inflows. Here the assumption is that capital flows are a function the difference between relative interest rates. The domestic interest rate is given as r and the foreign rate of interest rate is taken as r*. Since it is not shown in the graph, r* is assumed to be constant. Therefore, capital flows effectively are determined by the changes in the domestic rate on interest rate. i.e., Net capital outflow, CF = f (r – r* ). [ 6 ]. Quoted from Darden Business Publishing- A Technical Note on The Open –Economy IS/LM Model, 2008.

Poetic Inspiration in Kubla Khan and Rime of the Ancient Mariner Essay

Poetic Inspiration in Kubla Khan and Rime of the Ancient Mariner      Ã‚  Ã‚   An examination of the characters that Coleridge presents in "The Rime of the Ancient Mariner" and "Kubla Khan" and the situations in which they find themselves reveals interesting aspects of Coleridge's own character that are both similar to and different from the characters named in the titles of these poems. In particular, an examination of these characters with an eye toward Coleridge's conception of poetic inspiration and success can be fruitful.    In "Kubla Khan," Coleridge depicts a powerful character who "did ... a stately pleasure dome decree" ("Kubla Khan" lines 1-2). The fact that Kubla Khan is able merely to decree a pleasure-dome and know that his orders will be executed implies that he is a character of both strong will and great creative power. This faith in himself is not misplaced. The Khan decrees that a pleasure-dome be built and his order is immediately executed: "So twice five miles of fertile ground/ With walls and towers were girdled round" (6-7). Some aspects of the landscape and the dome echo the hardness implied by the chieftain's single-minded determination: the fountain "with ceaseless turmoil seething," the "dancing rocks" that are tossed into the air by the fountain, the "ancestral voices prophesying war," and the fact that the sacred river itself is "flung up momently" by the fountain (18, 23, 30, 24). As the Khan's creation, the dome can reasonably be expected to contain clues to his character, and th e characterization of the Khan harmonizes well with these clues about his character given by the pleasure dome: the image of a Mongol chief is one associated with danger, war, and a large amount of strength.    ... ... of a broken and essentially conciliatory force. When seen in these terms, it seems that the mariner may be the image with which Coleridge most closely identified himself, but both are symbols of his creative process.    References The Bible. Authorized (King James) Translation. Coleridge, Samuel Taylor. "Kubla Khan" in Samuel Taylor Coleridge: A Critical Edition of the Major Works. Ed. H J. Jackson. Oxford: Oxford University Press, 1985. Coleridge, Samuel Taylor. "The Rime of the Ancyent Marinere, in Seven Parts" (1798 text) in Romanticism: An Anthology, Second Edition. Ed. Duncan Wu. Oxford: Blackwell Publishers Ltd., 1998. Coleridge, Samuel Taylor. "The Rime of the Ancient Mariner. In Seven Parts" (1817 text) in Samuel Taylor Coleridge: A Critical Edition of the Major Works. Ed. H J. Jackson. Oxford: Oxford University Press, 1985.   

Academic Challenges and Professional Goals

Please explain any academic and/or professional goals you have established for yourself and your efforts to accomplish these goals. Describe with examples of your leadership experience, in or out of school/college in which you significantly influenced others, helped resolve disputes, or contributed to group efforts: When I started college, my goal was to pick a major and stick with it until I was finished! Well I have halfway done that. I completed my undergraduate with honors in Elementary Education sticking with it until after student teaching, graduation, and certification. However, upon completion I realized that while I love children and teaching I cannot be stuck inside a building all day. Therefore, after completing my bachelors in December of 2012 I decided it was time to enroll at Southwestern Oklahoma State University and get a graduate degree in Sports Management. My goal as an educator was to be the best motivator and encourager I could be and I feel that I can also carry these goals over into sports management. With my ultimate professional goal to become an Intercollegiate Rodeo Coach. In an effort to complete this goal I chose a college in which I had heard great things about the rodeo coach and the program; thus, choosing SWOSU. As a student at SWOSU it's my goal to do my very best in every class receiving an A if possible. My goal is to show future employers that I am dedicated and I always do my best. At SWOSU I have been helping at rough stock practice in an effort to learn both sides of the arena. I have also chosen electives that I feel will help my students mentally prepare for competition. Last year and this coming year I will serve as the Central Plains Goat Tying Director. Serving as director I have studied the rule-book thoroughly with an effort to be prepared to the paperwork side of being a collegiate coach. I have worked hard to establish myself as a fierce competitor, potential coach and professional clinician. I have done this through winning the 2012 CNFR Reserve Champion Cowgirl title through hard work and a tight balance between school and practice. As a clinician I have took control of my own success making phone calls and raising money to put on many Pro bono clinics for organizations such as Range Riders Youth organization, Cal Farley's Boys Ranch, and rodeo bible camps. At these camps and clinics I have the chance to become an established leader and role model in many of these kids lives. I make it my utmost priority to keep in touch with many of these kids through email. Many of these students send me videos to critique and ask advice on questions both inside and outside of the arena. I am also the current Fellowship of Christian Cowboys-Rodeo Bible Camp Woman's Timed Event Coordinator. This means that I work to find clinicians to volunteer at more than 25 rodeo bible camps across the country in which I must find at least twelve women for each. Doing this has allowed me to meet some great people in which I have been able to lead in educating students in rodeo and a relationship with Christ. Please describe the most significant academic or personal challenge you have faced. Discuss the steps you have taken to address this challenge and what you have learned about yourself during the process: The most personal challenge I have faced is not necessary your typical physical adversary, but rather one of the mind, character, and emotions. My most personal challenge has been to overcome pride. Pride in my school work, pride in who I thought I was, and pride in my accomplishments inside the arena. The problem with pride is that it develops a mentality of fierce competition against everyone all the time. The problem with pride is that it becomes self-consuming-a place where no one else but self exists. With my goal to be successful at everything I did, I never made time for anyone else. Rather I was driven by to-do-lists and tight schedules. I have had a hard time overcoming my pride and making time for others. As a Christian I understand that God has commanded us to love your neighbor as yourself,† but when someone is consumed with their goals that doesn't leave much time for loving others. After God humbling me time and time again I finally gave up and allowed Him to be my goal; thus, replacing my pride with Him and His will. Pride has been something that has not been easy to overcome and it's something I have to overcome daily; however, I am not only getting better I am overcoming it! Through this process I have learned that I am inherently selfish and I can quickly become consumed with my self-goals of being â€Å"successful.† I have learned that success is not being the best in the classroom, arena, or life as the world sees it. Rather success is leaving people with a loving legacy. In the words of Maya Angelou – â€Å"I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made

How I met myself Essay

The English language is a thriving language. It is the window of various disciplines and knowledge. If you want to know more about the world, learn English†¦ English is a fun language, which inspire people from all walks of life. This language binds people from all over the world. So, don’t be afraid of this language. It is a language of love, peace and humility. Monday, November 25, 2013 Form 3 Novel- How I Met Myself It’s such an overdue post, PMR has just passed and here I am posting this long awaited entry on the Form 3 novel, How I Met Myself. This novel is all about finding your own ghost or doppelganger and answers the questions of â€Å"What If† and â€Å"If Only†. I found this novel as an interesting piece of literature as it questions the pasts and brings back the future, and it will definitely serves as a medium of intellectual discussions among students and teachers. By the time students reach the Third Form, I realize that students need to be stimulated and encouraged to participate well in group and class discussions as some students fail to give responses due to lack of stimulating readings and low self esteem. The idea now in Malaysia, is to let students take charge of the whole learning process, encourage them to think critically and creatively and teachers should take a back seat. Many times, teachers are deemed to be responsible on students’ learning p rocess but the reality is students should be held responsible for their own learning as well. In this entry, I’m sharing with you, some useful notes on this Form Three novel. Based on the novel â€Å" How I Met Myself† by David A. Hill, the theme that can be found is † Love †. This theme is significant in this novel as it revolves around John Taylor and his family. This can be seen from the way they take care of each other and stood by their spouses through difficult times in life. â€Å" Love† is definitely around John Taylor’s family as Andrea supports her husband through out the journey of their life. Never once in her life, that Andrea does not believe in John Taylor and his doppelganger. She is a symbol of a loyal and loving wife, who stands by her man, no matter what is happening to him. Finally, â€Å" love† is seen through  John Taylor. He is a responsible father and husband, even if he neglects his family for a while when he is carried away in finding his doppelganger. John Taylor is a character with full of love and care, he loves his wife unconditionally. In conclusion, â€Å" love† is widely seen in this novel through the characters of John Taylor and Andrea, his wife. They are the symbols of eternal love in these modern days, where love is not a language easily understood.