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Letter to a New Student
Letter to a New Student
Name
Institution
Year
I am a third yea student where I have been taking “The Academic Improvement Project” tied in my course work. I have made remarkable progress and enjoyed the ideas gained in this line where I have also achieved vital insights regarding the project. I would describe the course as interesting and very useful in my life. The course work has been helpful and I continue to gain more insights that will not only be useful in class but also my career life. The purpose of this letter is to outline my views and why I support the course in regard to its benefits. I wish you will find this information relevant as you prepare to take up the course. The course has enabled me find ease in tackling other subjects thus making my school life more interesting and easier. There is an incredible value and benefits in taking the course as a vital stepping stone to other gateways and subjects.
I have learnt that the value in gaining ideas goes beyond that one can learn in life. One of the main roles of the education is to shape and add the key ideas that we need to carry on with life after school. I have remarkable progress in key aspects of the project management with ample ideas relating to my specific areas of interest. One of the most interesting areas I came across is that the value within any ideas is best utilized when practically applied to change the life of others. In particular, I wish to refer to the several connections that were made between the key ideas and the way the apply to daily life. I cannot regret the time I spent in each class and it was a new step to refining my knowledge and ideas. In line with the ideas gained, I was able to learn that the value of education is always attached to the effort we put in making a change. I would affirm that every idea I gained added to my strength in thinking and reasoning and also positioned me in a new dimeson of dealing with the challenges that I faced in school. One of the key aspects of the learning process is that it was not only tied to what was covered in class but also rational thinking. I was sable to enjoy every step and day spent gathering new ideas. One of the most remarkable areas of progress was in the bonds we created with colleagues that were the pivot to my learning. In addition, I was able to create a tangible growth and progress in my personal life as well as intellectual capacity growth that added to my day to day development. I would also consider mentioning the connection we created with colleagues and tutors that assisted in making my work easier and more friendly. Without such bonds, I would not have achieved such remarkable progress in the different areas of learning. To add on this, the direction taken in my advanced progress has made it possible for me to gain the right skills and ideas in learning. One of the most compelling aspects of my diverse and inclusive motives was in realizing that the time spent will be beneficial in everyday life. The tutors were the pinnacle of my progress as they gave me the right ideas and motivation to do better in class. The ideas gained were not only practically useful but helped me add value to my learning and have an inclusive thinking ability.
“The Academic Improvement Project” was not only a stepping stone to new ideas but has been the doorstep to my new dimension of thinking. Through the course, I have been able to derive the right ideas and strengths in thinking that are essential in my learning. The overall results in the “The Academic Improvement Project” has been promising and enabled me to add value to my learning and value addition. In respect to the ideas covered in the project, I was able to create the right connection both in practical and theoretical learning.
One of the best quotes I came across in my learning was one that from Nelson Mandela where he refers education to a tool that can be used to change the world. “Education is the most powerful weapon which you can use to change the world” – Nelson Mandela. The quote has many meanings but it specifically implies and points to the need for the world to realize that the value of education is far much great and can help change lives. One of the mains ideas we can learn from the quite is that through education, people become more useful as their ideas are sharpened and put to the right use. The quote addresses the value for an inclusive outlook to education as the tool that brings out the value in an individual. I agree with the quote that through education, one can become useful and thus the world in general can benefit from the knowledge thus becoming better.
Balance of US Arms of the Government
Balance of US Arms of the Government
Student’s Name
Institutional Affiliation
Course Number and Name
Instructor Name`
Due Date
Balance of US Arms of the Government
In your opinion, how well does the constitution strike a balance of authority among the three branches of government?
The makers of the United States Constitution did not want to suffer from monarchy like the Britons. They, therefore, made a constitution that provided for a balance of power. This constitution contains checks and balances which everyone in leadership or authority must follow. The three arms of the government are executive, legislature and judiciary (Deudney, 1995). The president heads the executive arm of the government, and the bench is headed by the US Supreme Court and legislature headed by Congress.
The most powerful of all these three is the legislature. According to the union’s founders, this is because the power belonged to the people, and what the people decided was supposed to happen. Therefore, the people’s representatives should make most of the decisions about their well-being (Caplan, 1976). Therefore legislature, which is Congress makes some of the most critical decisions in the United States. This is because it has representatives from all over the states, and the decisions made are sound and suitable for the American people. The other parts of the government have their roles, which are checked and regulated by Congress. For example, the president cannot make decisions that directly affect the people without involving Congress.
This is the same for the judiciary system since Congress can do away with the president and Supreme Court justices out of office. This is because the people always have to final say, and Congress is for the people (Corrales, 2009). Therefore, there is a system of balance and checks that ensures that the people’s needs of the United States are taken care of properly without giving one branch of the excessive government power, which can be misused. The legislature cannot misuse its power since it represents the face of America, and every decision made is made following the peoples will.
References
Caplan, D. I. (1976). Restoring the Balance: The Second Amendment Revisited. Fordham Urb. LJ, 5, 31.
Corrales, J. (2009). Using social power to balance soft power: Venezuela’s foreign policy. The Washington Quarterly, 32(4), 97-114.
Deudney, D. H. (1995). The Philadelphian system: Sovereignty, arms control, and balance of power in the American states-union, circa 1787–1861. An international organization, 49(2), 191-228.
Balance of payment
Balance of payment
Student’s name
Affiliation
Course
Date
Explain the international balance of payments (BOP) and the reason for its use.
The international balance of payments (BOP) is a summary of a country’s record of all economic transactions made between the country’s residents and the world within a specific period. The economic transactions can be made by governmental bodies, firms, as well as individuals. The balance of payment transactions includes all the visible and non visible transactions within a country at a certain period of time. It accounts for all the demand and supply on foreign currency from foreign claims on a country’s currency. The records of transactions made within a country must be equal since any inequality shows that one country has acquired more assets than the other. However the international trade allows countries to acquire more than they sell or more than they can buy. This therefore allows countries to run into deficit or into surplus. A country that borrows more from the world runs into deficit while the one that lends more to the world runs into surplus (IMF, 2005).
Examine how surpluses and deficits in the balance of payments (BOP) affect exchange rates
The word balance of payments normally refers to the following sum: A country’s balance of payments is believed to be in surplus when consistently, the balance of payments is positive by a particular amount if sources of funds such as bonds sold and export of goods sold are exceeding uses of funds such as money used paying for imported goods and paying for foreign bonds bought by that amount. The BOP deficit occurs when the balance of payments is negatives thus when the former are less than the latter. The BOP surplus / deficit is accompanied by an accrual / loss of foreign exchange reserves by the government central bank. Current accounts are said to be dealing with the exchange of goods and services within two countries. The current account provides a measurement of monetary value for exports from a country and imports into a country. Whenever a country’s exports value exceeds the rate of the goods and services as well as it imports, then the country is said to have made a trade surplus. The current account is known to measures the value of an import and an export monetarily.
On the other hand the capital account is said to be measuring monetary flows within countries that purchase financial assets such as real estate, bonds, stocks as well as other related items. The summation of both the current and capital accounts adds up to zero. This entails that a country which runs a current account exchange deficit shall have an equalized capital account trade surplus. When a country spends more money on foreign goods/services then it is said to have a current account deficit. Net surplus of the domestic money that flows overseas finally returns in the capital account.
When a country increases domestic growth it is said to be holding its economic growth rate constant. Higher domestic growth rates, increases a country’s consumption of goods and services, and its income including imports. An increase in domestic inflation rate, and thus holding foreign inflation rates stable, shows that there are moderately higher prices for domestic goods which makes imports to be cheaper in comparison since their prices are not changed. In the capital account a country allows for interest rate which is the return on savings to differ and examine at how changes affect monetary flows. Higher domestic interest rates is said to increase the pleasant appearance of the nation’s financial assets to foreigners as they can make a moderately higher return by sending money abroad.
Summary accounts
Balance of payments is divided into two accounts thus the current account and the capital account. A deficit with in one account is coordinated by a surplus within the other account. The balance of trade is one part of the general balance of payments position of accounts. A Balance of payments surpluses / deficits can be attained by setting up the exchange rate. Surplus occurs when the balance of payment is greater than zero which means that the country is experiencing net inflow payments. When a country fixes the currency exchange rate to be lower than the flexible exchange rate equilibrium level will not only generate a balance of trade surplus but will temporarily generate a balance of payments surplus (Dwivedi, 2005).
Deficit occurs when the balance of payment is less than zero which means that country has a net outflow of payments. In case a country fixes its currency exchange rate higher than the flexible exchange rate equilibrium level will not generate a balance of trade deficit but will temporarily generate a balance of payments deficit. BOP surpluses and deficits are short lived since they are accomplished through forcing an imbalance in the currency flow of either into/out of the country. Below is an example of Balance of Payments for Northwest Queoldiola with deficit and surpluses tracked on current and capital accounts.
References
Balance of Payments Manual. (2005). Washington, D.C.: International Monetary Fund(IMF).
Dwivedi, D. (2005). International macroeconomics: Theory, policy, and applications (2nd ed.).
Hound mills, Basingstoke, Hampshire: MacGraw- hill