The Macroeconomics of the Great Depression Assignment - 550 Words

The Macroeconomics of the Great Depression Assignment (Essay Sample) Content: The Macroeconomics of the Great DepressionName:Course:Tutor:Date:The Journal on Credit and Banking structure was written by Ben S. Bernanke examining the great depression (Bernanke 2008). The author focuses on the macroeconomic impacts of the great depression by taking through a comparative approach of various countries. The article explains the money shocks of the great depression and its effects and the factors of deflation. The adjustment of the nominal wages seems to be a major significant in the article.The author argues that the aggregate demand and the gold standard were among the major considerations of the macroeconomic impacts of the great depression. He noted that during the years of great depression, the changes in the output, as well as the levels of prices,showed very high correlation in almost all the countries which implies the critical significance of the aggregate demand shocks. He also noted that most of the countries in the 1930s were abandoning th e gold standard for more philosophical and political reasons rather than economic(Bernanke 2008). Among the reasons that are argued in the article include the policies made for example the Federal Reserve Policy and its impacts on the decline of the gold money ratio.The article could have been imperative in my depression from a macroeconomic point of view. Besides the historical perspective of the data recorded, the information provided in the article could have been crucial to understand the monetary issues such as liquidation and the reasons behind the choices made by the countries. The article could also have been...

The Major Types Of Essays -

Panic sometimes overcomes a student when seeing an unfamiliar word prior the term essay in their homework. The confusion probably lies the most between a descriptive and expository essay or between descriptive and narrative essay. Confusion on the task is one of the main causes of procrastination among college students. So, learning the different types of essays is the first step to avoiding procrastination and cramming. The importance of learning the differences among various types of essays can never be overrated, so, for a start, here are the most common types of essays you will encounter at school:Descriptive EssayDescriptive essay is perhaps the most required essay since middle school because your English composition teacher wants you to master the literary devices or the figures of speech. When writing descriptive essays, keep in mind that you are not supposed to narrate, instead, you have to describe something. Your aim is to give your reader an overview of your subject be it an object, a person, a research, or a literary piece. Also remember that when writing a descriptive essay, you need to ensure that your readers can imagine your subject, hence, do not hesitate to utilize similes, metaphors, personifications, and any other figures you can apply. Descriptive essays usually takes form as a journal and the like. For a start, address descriptive writing by heightening your senses, such as outlined in the image.Narrative EssayClosely related to descriptive essay is the narrative essay which also aims to show a picture through careful choice of words. However, from the word itself, the main task is to narrate which is basically to recount an event just as how you would tell a story. Descriptive essays can work without narration, but narrative essays cannot work without description, because in order to successfully narrate a story, you have to paint a clear picture of what happens and what happens after.Expository EssayAmong all types of essays, writing an expository essay holds the largest scope depending on the purpose of the paper. An expository essay can be written as:Explanatory. The most popular form of expository essay presents a straightforward explanation of the subject. Usually, explanatory essays answer the question how.Definitive. The simplest form of definitive essays presents a definition of a topic, but not just the dictionary form, but also its connotation as well as relevance depending on the theme of the paper.Reflective. It is also a common mistake to identify reflection as a descriptive essay because most people think that writing a reflection means describing ones feelings toward its subject, however, it is important to note that a reflective essay must embody ones personal reasoning of the subject and explaining such reasoning. Therefore, a reflective essay also requires analysis but it can be written on a casual or a more conversational tone.Cause and Effect. Cause and effect essay falls under expository because of its nature where one explains the relationship between a catalyst and its effect.Critical Analysis. Arguably, writing a critical analysis can be overwhelming because of the need to research and understand a subject adeptly. First and foremost, it is important to understand that a critical analysis is different from a reflection because writing an analysis is not as subjective as how reflection is done. Critical analysis requires an intricate study of the subject and objective reasoning which justification must be anchored from various published researches.What type of essay do you need?Knowledge certainly is strength. But there are times when knowledge is not enough to write a strong essay. Being the imperfect humans that we are, there are some types of essays that will always elude us. Dont panic when you realize that you have not mastered one or a few types of essays. You can always improve your skills by reading some of s writing tips or simply ask for someone to help you wri te or edit your essay, whatever type it may be.