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which of the following is the best example of a microeconomic topic quizlet

A good example of a major external shock affecting many countries is a large rise or fall in the global price of energy. Consider for example the likely effects of an increase in energy prices:

1. Economic downturn in a major trading partner
2. Unexpected tax increases or cuts to welfare benefits
3. Financial crisis causing bank lending /credit to fall
4. Bigger than expected rise in unemployment rates

To further illustrate this concept, consider how gas prices work. When the price of gasoline rises, it encourages profit-seeking firms to take several actions: expand exploration for oil reserves; drill for more oil; invest in more pipelines and oil tankers to bring the oil to plants where it can be refined into gasoline; build new oil refineries; purchase additional pipelines and trucks to ship the gasoline to gas stations; and open more gas stations or keep existing gas stations open longer hours.
The supply curve is upward sloping because, over time, suppliers can choose how much of their goods to produce and later bring to market. At any given point in time however, the supply that sellers bring to market is fixed, and sellers simply face a decision to either sell or withhold their stock from a sale; consumer demand sets the price and sellers can only charge what the market will bear. If consumer demand rises over time, the price will rise, and suppliers can choose devoted new resources to production (or new suppliers can enter the market) which increases the quantity supplied. Demand ultimately sets the price in a competitive market, supplier response to the price they can expect to receive sets the quantity supplied.

When economists describe the distribution of income they usually divide the population into groups of equal sizes (usually five called quintiles) according to their income levels. In the first quintile the put the poorest fifth (20%) of the population. In the fifth quintile they put the richest twenty percent. and they divide the remainder into the other three groups according to their incomes.
What is MACROECONOMICS?

Define Microeconomics, Identify the main users of microeconomics
Recognize questions addressed by microeconomics and macroeconomics

Answers to Self-Check Questions
On the demand side of the labor market, government rules social institutions, and the presence of unions can affect the willingness of firms to hire. For example, if a government makes it hard for businesses to start up or to expand, by wrapping new businesses in bureaucratic red tape, then businesses will become more discouraged about hiring. Government regulations can make it harder to start a business by requiring that a new business obtain many permits and pay many fees, or by restricting the types and quality of products that can be sold. Other government regulations, like zoning laws, may limit where business can be done, or whether businesses are allowed to be open during evenings or on Sunday.

References:

http://www.investopedia.com/terms/l/lawofsupply.asp
http://www2.harpercollege.edu/mhealy/eco212i/lectures/5es/5es.htm
http://courses.lumenlearning.com/boundless-economics/chapter/differences-between-macroeconomics-and-microeconomics/
http://opentextbc.ca/principlesofeconomics/chapter/21-4-what-causes-changes-in-unemployment-over-the-long-run/
http://www.nytimes.com/spotlight/learning-network-argumentative-prompts

what is the difference between taoism and confucianism

Vinegar Tasters is a common subject in traditional Chinese religious painting. It shows the Buddha, Confucius and Lao-Tse (aka Laozi, the author of Tao Te Ching) around a vat of vinegar. All three men have tasted the vinegar but react differently to it. Confucius finds it sour, Buddha finds it bitter and Lao-tse finds it sweet.

To K’ung Fu-tse (kung FOOdsuh) [Confucius], life seemed rather sour. He believed that the present was out of step with the past, and that the government of man on earth was out of harmony with the Way of Heaven, the government of the universe. Therefore, he emphasized reverence for the Ancestors, as well as for the ancient rituals and ceremonies in which the emperor, as the Son of Heaven, acted as intermediary between limitless heaven and limited earth. Under Confucianism, the use of precisely measured court music, prescribed steps, actions, and phrases all added up to an extremely complex system of rituals, each used for a particular purpose at a particular time. A saying was recorded about K’ung Fu-tse: “If the mat was not straight, the Master would not sit.” This ought to give an indication of the extent to which things were carried out under Confucianism.

Confucianism was the official religion of China from 200 B.C.E. until it was officially abolished when communist leaders discouraged religious practice in 1949. Like Taoism, Confucianism spread to other countries and was somewhat dormant in China for a time, but is on the rise once again.
Watch this video to learn about Laozi (also written Lao Tzu or Lao-Tze), the founder of Daoism, and the teachings in the Tao Te Ching.

• Ruler and Subject
• Husband and Wife
• Older and Younger Sibling
• Friend and Friends
• Father and Son

The key word in Taoism is 道 Tao, the Way of Nature, Universe, or God. It teaches to “follow the Tao Way” – Don’t violate it. Promote it. Tao is the standard of right and wrong.

The two great indigenous philosophical and religious traditions of China, Daoism and Confucianism, originated about the same time (6th–5th century BCE) in what are now the neighboring eastern Chinese provinces of Henan and Shandong, respectively. Both traditions have permeated Chinese culture for some 2,500 years. Both are associated with an individual founder, though in the case of Daoism the figure, Laozi (flourished 6th century BCE), is extremely obscure, and some aspects of his traditional biography are almost certainly legendary. A conventional but unlikely story has it that Laozi and Confucius (551–479 BCE), the founder of Confucianism, once met and that the former (older) philosopher was not impressed. Be that as it may, their respective traditions share many of the same ideas (about humanity, society, the ruler, heaven, and the universe), and, over the course of millennia, they have influenced and borrowed from each other. Even since the end of the dynastic period (1911) and the establishment of the communist People’s Republic (1949), which was often violently hostile to religion, the influence of both Daoism and Confucianism in Chinese culture remains strong.
The basic ideas and doctrines of philosophical Daoism are set forth in the Daodejing (“Classic of the Way to Power”)—a work traditionally attributed to Laozi but probably composed after his lifetime by many hands—and in the Zhuangzi (“Master Zhuang”) by the 4th–3rd-century-BCE Daoist philosopher of the same name. The philosophical concept from which the tradition takes its name, dao, is broad and multifaceted, as indicated by the many interrelated meanings of the term, including “path,” “road,” “way,” “speech,” and “method.” Accordingly, the concept has various interpretations and plays various roles within Daoist philosophy. In its most profound interpretation, the Cosmic Dao, or the Way of the Cosmos, it is the immanent and transcendent “source” of the universe (Daodejing), spontaneously and incessantly generating the “ten thousand things” (a metaphor for the world) and giving rise, in its constant fluctuation, to the complementary forces of yinyang, which make up all aspects and phenomena of life. The Cosmic Dao is “imperceptible” and “indiscernible,” in the sense of being indeterminate or not any particular thing; it is the void that latently contains all forms, entities, and forces of particular phenomena. Another important interpretation of dao is that of the particular “way” of a thing or group of things, including individuals (e.g., sages and rulers) and humanity as a whole.

Still, the two differ in a number of ways. Foremost, Confucianism is more earthly. As such, it concentrates on man’s social aspect and his everyday life. As mentioned by Confucius, the proponent of Confucianism, the philosophy is inherently a social creature that has the capacity of being good. You become superior if you behave in such a way that is expected by the greater harmonious society. Taoism is different because it is more out of this world. The main idea of this philosophy is to embrace the Tao (the greater reality that is composed of the universe and everything else). It also concentrates on the person’s relationship to himself to achieve inner harmony. Thus, it is safe to say that Confucianism makes the person look on his immediate external environment to attain self-improvement while Taoism looks deep inside to attain the same.
Taoism vs Confucianism

References:

http://courses.lumenlearning.com/wm-introductiontosociology/chapter/taoism-and-confucianism/
http://kaiya.co/blogs/news/taoism-vs-confucianism
http://www.britannica.com/story/what-is-the-difference-between-daoism-and-confucianism
http://www.differencebetween.net/miscellaneous/politics/ideology-politics/difference-between-taoism-and-confucianism/
http://www.infoplease.com/us/college-bound/sample-outline-and-essay

research project ideas

Do a quick computer search on the topics on your list to see which one is widely researched. This means finding a topic that is discussed not just on websites or blogs, but more so in books, articles, and even encyclopedia references. Find a topic that is both interesting and has plenty of published material. Check magazine articles, because these are usually shorter and more updated than those found in books.
Narrow down your topics to the most interesting one. If it is a controversial topic, choose a particular perspective that you will develop in your research paper. Read different points of view related to your topic as this expands your knowledge and makes writing your paper easier.

Get most of your research on your good research topics done before you begin writing. Then use the research you’ve collected to create a rough outline of what your paper will cover and the key points you’re going to make. This will help keep your paper clear and organized, and it’ll ensure you have enough research to produce a strong paper.
As some examples, if you’re writing a research paper on if students learn better in same-sex classrooms, your thesis might be “Research has shown that elementary-age students in same-sex classrooms score higher on standardized tests and report feeling more comfortable in the classroom.”

A final structure of research paper is stiff, it serves a particular purpose. The main goal of a tricky structure and formatting is to discover credible resources without obstacles and help organize the ideas you have regarding the picked issue. Remember the structure of an empiric research paper – it works no matter which themes to write about for a research paper the author prefers:
Is there something more complicated like a term paper to complete? It is possible to learn more about term papers here. Visit this link and find the answers. Writing an essay like research paper is never fast and easy. Once you consider on the subjects to write about for a research paper, there are things you should remember while working on the chosen topic:

Topics for the research paper are not easy to find since there are different fields that have been already exhausted from the beginning of the year, but you can always go for an area of interest. In order to choose great research paper titles and interesting things to research, taking some time and contemplate on what makes you be passionate about a certain subject is a good starting point. This is, after all, of great importance since you won’t be able to commit fully to writing an amazing assignment if you are not so interested in the subject.
Once you managed to decide which topic might be of your interest, you should check available materials you could use to foster your research. You should analyze the available materials carefully in order to make the right choice on which subject you could thoroughly work on and expand it to a whole other level. If you skip this step, you might end up putting yourself under a lot of pressure to meet the due date of the research essay, topics, research paper submissions. Then again, if you enjoy conducting experiments and your chosen research topic allows you, maybe you could have a survey conducted with the help of your peers and write a paper after analyzing the data.
Topics for research papers might be demanding, but the most challenging part is related to making a research question. This is where you need to think hard about what your work will be focused on and what other people might find thought-provoking. You need to be able to motivate people to read your research essay even though they don’t know much about the subject itself.

Ask the supervisor for additional instructions to have a clear understanding of what you are supposed to do that will allow you to focus on other essential aspects of the writing process.
Check out this list of writing suggestions, which can help you come up with your own good idea.

References:

http://blog.prepscholar.com/good-research-paper-topics
https://jcme.ca/blog/research-topic
http://jcme.ca/blog/best-research-paper-topics
http://grademiners.com/blog/50-best-ideas-for-research-paper-topics-in-2017
http://www.jcme.ca/apa-citation-generator/