Educational Goals and Philosophy :: Teaching Education Careers Essays

Educational Goals and Philosophy There is only one incentive that makes me want to be a teacher, but that one incentive comes along with so many everlasting rewards that I have enough motivation to teach for a lifetime. I have always felt a strong desire to help people, so when I began my college career I decided to major in Psychology. Unfortunately, the yearning I felt to help people was not being fulfilled. I wanted to interact with people young and old, male and female, and of all different ethnicities. I needed to be able to touch someone’s life and allow them to touch mine in the same way. The opportunity to help students, parents, other faculty members, and the community is my incentive to teach. One of the most important factors of teaching is being able to understand the nature of students. It is my personal belief that no two students are alike. You will find students that share similar interests, have values that are alike, and some students that even use the same learning techniques, but the point is, no two students are exactly the same. The diversity of a classroom allows for more than just textbook knowledge to be learned. It is my opinion that students who learn respect for each others cultures, values, and individual traits will become more knowledgeable than those who can regurgitate their curriculum in their sleep. My personal educational philosophy directly ties into this; I am a firm believer in Progressivism. I feel that schools and curriculum both should be directly tied with the matters, interests, and real-world experiences of students. The nature of a student’s knowledge should be constructed, dependent, discovered, and true regardless of any person, place, or thing. I once had a teacher tell me that there was no such thing as a stupid question. I have never heard such a true statement. The curriculum that we teach to our students should be structured and dependent on each child’s individual needs, abilities, and skill levels. At the same time we need to allocate students enough liberty so that their knowledge can also become true, regardless of when, where, or how they reach the information. As a progressive teacher I hope to assist learning by aiding students to form their own significant inquiries and discover the paths to solve those matters. Educational Goals and Philosophy :: Teaching Education Careers Essays Educational Goals and Philosophy There is only one incentive that makes me want to be a teacher, but that one incentive comes along with so many everlasting rewards that I have enough motivation to teach for a lifetime. I have always felt a strong desire to help people, so when I began my college career I decided to major in Psychology. Unfortunately, the yearning I felt to help people was not being fulfilled. I wanted to interact with people young and old, male and female, and of all different ethnicities. I needed to be able to touch someone’s life and allow them to touch mine in the same way. The opportunity to help students, parents, other faculty members, and the community is my incentive to teach. One of the most important factors of teaching is being able to understand the nature of students. It is my personal belief that no two students are alike. You will find students that share similar interests, have values that are alike, and some students that even use the same learning techniques, but the point is, no two students are exactly the same. The diversity of a classroom allows for more than just textbook knowledge to be learned. It is my opinion that students who learn respect for each others cultures, values, and individual traits will become more knowledgeable than those who can regurgitate their curriculum in their sleep. My personal educational philosophy directly ties into this; I am a firm believer in Progressivism. I feel that schools and curriculum both should be directly tied with the matters, interests, and real-world experiences of students. The nature of a student’s knowledge should be constructed, dependent, discovered, and true regardless of any person, place, or thing. I once had a teacher tell me that there was no such thing as a stupid question. I have never heard such a true statement. The curriculum that we teach to our students should be structured and dependent on each child’s individual needs, abilities, and skill levels. At the same time we need to allocate students enough liberty so that their knowledge can also become true, regardless of when, where, or how they reach the information. As a progressive teacher I hope to assist learning by aiding students to form their own significant inquiries and discover the paths to solve those matters.

Relationship between productivity and the cost of production Essay

What is the relationship between productivity and the cost of production? The relationship between productivity and the cost of production is your cost per day or per hour compared to your productivity. By examine these two things together. The productivity which is your output for the amount of hours worked compared to the total cost of a certain item – you will be able to reach a â€Å"break even analysis† showing you how much you need to a make minus the total coast to make a certain amount of money. Why is the demand of labor a derived demand? The request for labor is derivative from the production and demand for the item that is being demanded. If the demand for a particular item increases two things usually take place – Most likely the cost of the item will increase and the demand for manufacture labor will increase soon the equilibrium price and production numbers will meet What is the relationship between productivity and the wages earned by employees where you work or at an organization with which you are familiar? Usually but not in all cases, the more an employee produces the more valuable they are because they are adding value to the company but this is not always true and example would be a sweat shop . What are some factors that determine the level of your income? Explain your answer. A person’s level of education an example will be; someone with a Master’s degree with is valued more than someone with a high school diploma. A person’s special skill set will be in high demand due to the scarcity of being able to replace them and how long it took to gain the knowledge they have, an example would be a highly skilled brain surgeon. Also the amount of danger involved in doing a certain job, there are certain jobs that are extremely dangerous and not many people are willing to do them so the demand for the person who will do it would be high, example would be cleaning the windows of the Burj Khalifa building in Dubai. Describe an example you are familiar with in which a technological innovation led to an improvement in productivity. What was the effect on the cost of doing business or activity in which this technology was employed? How did this affect the prices of related inputs? There are many technology innovations which led to improved productivity but the one that stands out most in my mind would be the cell phone. Before cellphones people had to stay in touch through either a land line or a public phone. The cell phone made the need for both of these obsolete. When cell phones first came out they were very expensive and only a select few had them, today people change cell phones due to the low cost, like they buy a new pair of sneakers. Today’s cell phones are like mini computers, they give sales men, business deals, and anyone else constant access to information and to one another, this alone raises productivity.

The Stages Of Group And Development Of A Group - 1688 Words

For growth and development of a group you must go through the stages of group life, which consist of the beginning, middle, and end. According to Tuckman, the path that you follow is forming, storming, norming, and performing. The beginning of our group began as we started the forming stage, which this is where our group was formed and we began to get to know each other. In this stage all members were polite, positive, and a little nervous as we were not fully sure what we would be doing. In this stage we are trying to find our purpose and goals for the group, Carmen (group leader) is very shy and trying to establish what task each of us will perform. At this stage we are all excited about getting started and waiting on direction from our leader. Carmen assigned roles of the group at this time. Leah as secretary, Stephanie as researcher, Diane as researcher, and myself as researcher. We began to talk about our purpose for the group, quickly we agreed upon a population that we saw a need to help. We established a broad range of ideas and had not narrowed our need down to a specific type. We knew that we wanted to help children that were currently in foster care. Carmen assigned each of us to start research ing a need for foster children and what areas we could help the most. Moving on into the middle of our group life stage, Tuckman refers to this as storming. When we presented our research, we all had basically the same idea which was to help children in foster care dealShow MoreRelatedThe Stages Of Group Development1209 Words   |  5 Pages Group Development Stages of group development have been defined as forming, storming, norming, performing, and adjourning (Tuckman, 1965, 1977). This widely accepted model serves as the basis for my exploration into the dynamics of group development. This paper will also look at the potential conflicts that groups may encounter through each of these stages as well as the possible actions and approaches to resolve the conflict. In the first stage, the Forming stage, personal relationshipsRead MoreThe Stages Of Group Development1171 Words   |  5 PagesStages of group development have been defined as forming, storming, norming, performing, and adjourning (Tuckman, 1965, 1977). This widely accepted model serves as the basis for my exploration into the dynamics of group development. This paper will also look at the potential conflicts that groups may encounter for the first three stages as well as the possible actions and approaches to resolve the conflict. In the first stage, the Forming stage, personal relationships are being built. Members mightRead MoreThe Stages of Group Development1283 Words   |  5 PagesThe stages group development The theory: Groups at first undergo a forming arrangement in which participants are certain and considerate (Scrivener Thornbury, 2012). A few participants are anxious because they have not yet worked out precisely the workings of the group. Others are essentially excited concerning the task ahead. As pioneer, you assume a prevailing part at this stage: different parts and obligations are less clear. The group leader assumes the dominant role honestly short, andRead MoreStages of Group Development995 Words   |  4 PagesThe Forming – Storming – Norming – Performing is a model of group development, first proposed by Bruce Tuckman in 1965, who maintained that these phases are all necessary and inevitable in order for the team to grow, to face up to challenges, to tackle problems, to find solutions, to plan work, and to deliver results. Forming In the first stages of team building, the forming of the team takes place. The individual s behavior is driven by a desire to be accepted by the others, and avoid controversyRead MoreThe Four Stages Of Group Development835 Words   |  4 PagesThe four stages of group development are forming, storming, norming, and performing. None of the stages have to go in a particular order. Forming is the first stage where people join together for a reason. Our group formed because this class put us together, which was mainly based on the need to fulfill the goal of passing Small Group Communication and doing a service project together. This happened when we filled out the sheets about our skills and whom we would and would not like to work with.Read MoreFive Stages of Group Development Essay1294 Words   |  6 PagesFIVE STAGES OF GROUP DEVELOPMENT By Sherryl M. McGuire, Ph.D. There are five stages of group development. However, not all groups reach all stages of development. The five stages of group development are Forming, Storming, Norming, Performing, and Adjourning. The stage which many groups do not necessarily reach is the Performing stage. It is possible that a group never develops past Storming, but this will often be either a dysfunctional group or a group in extreme chaos and stressRead MoreCase Study: Stages of Group Development1159 Words   |  5 PagesUlh-Bien, and Hunt (2011), there are five stages of group development that characterize the two most important components of group work: interpersonal relationships and tasks. The model is similar to Maslows hierarchy of needs in that one stage needs to be reached successfully before subsequent stages can also be successful. In Stage One, forming, individuals seek acceptance from one another. They tend to play it safe and look to their leader for guidance. The group is looking to orie nt itself to theRead MoreTuckman s Stages Of Group Development Model1287 Words   |  6 PagesA Study on Tuckman’s Stages of Group Development Model 1. Introduction Over the past two decades, it seems that teamwork has become increasingly important and more companies have formed different teams and groups for various purposes (Samson Daft, 2012). It is proved that good teams can be highly productive, however, not every team is successful (Samson Daft, 2012). Forming a team can be time consuming and there are many problems related to teamwork, for example, social loafing might reduce theRead MoreBruce Tuckman s Stages Of Group Development1391 Words   |  6 PagesBruce Tuckman’s stages of group development include the forming phase, storming phase, norming phase, and the performing phase. This model was developed in 1965, showing the behavior of small groups and how they operate in a variety of environment. It is suggested that all groups should experience all four stages before they can successfully reach their fullest potential of performance. High performance teams must also consider the context of their teams, the composition, and c ompetencies of theirRead MoreAnalysis Of Tuckman s Five Stages Of Group Development878 Words   |  4 PagesTuckman’s Five Stages of Group Development as they applied to your team process. Give examples of each stage.(8pts) Bruce Tuckman proposed a group developed model in 1965, the five stages of group development are; Forming, Storming, Norming, Performing, and Adjourning. The model has the purpose to help teams to grow, face challenges, handle problems, find solutions, work together, and obtain successful results. The two team projects for this class where I participated went through the five stages of the

Romanticism in European Art and Culture Essay - 2490 Words

Of all the movements in European art, Romanticism has by far the most difficult origins to pinpoint due to the broadness of its beginnings, artistic expressions, and time frame. Inspired by â€Å"nature, an awareness of the past, a religious spirit, and an artistic ideal† (Barron’s 6), Romanticism is one of the most significant influences on European culture. By looking at modern paintings, we can see the influence Romanticism has had throughout the generations. With Romanticism, artists have been able to take painting to different levels. The paintings are so profound that they allow the viewer to learn, develop, and acknowledge new aspects of life. The beginning of the Romantic era marked the birth of creative activities and aesthetic†¦show more content†¦(Barron’s 12) Romanticism has many meanings, including the deep fascination that non-classical literature and history held over artists from 1770 (Barron’s 12) as well as a state of feelings th at describe a situation of emotional anxiety that seemed to become more intense with the passage of time. (Barron’s 12) Romanticism considers a variety of tendencies, from the urgent desire for exploration...in the imagination, of the far-off worlds of exotic or primitive societies, to passionate declarations on public morality (Barron’s 12). In a Romantic’s point of view, all things were connected together. Everything belonged to everyone else and a single technique or subject represented the whole. The essence of the Romantic spirit is also found in individualism through political events and responses to the coercion that the new liberal bourgeoisie imposed in 1789 (Barron’s 13). In Romanticism, an artist was often found placing emotion and their own insight before what was right and just, such as Joseph Mallord William Turner’s Saint-Germain-en-Laye. This painting does not focus on a particular area but instead a â€Å"mystical-psychological st ate in which there is an implicit philosophical meditation on the destiny of man.† (Barron’s 14) Painters tended to ignore experience and create paintings solely based on the mind and one’s own intelligence. Many Romantic artists wereShow MoreRelatedEssay on How Romanticism Changed Societys Way of Thinking922 Words   |  4 PagesTo understand how Romanticism changed the way society thought, you must first understand the meanings and reason behind the movement. The Romantic Movement in the late 18th and early 19th centuries was described as a movement in the history of culture, an aesthetic style, and an attitude of mind. (Fiero) Romanticism provided expression of their thoughts and ideas toward their own societies, which was in effect predominantly in Europe and in the United States. The movement was a reaction to the EnlightenmentRead MoreSocial Norms Of Age Of Enlightenment1129 Words   |  5 PagesSection 1 Answer 2 In the 19th century, a period called Romanticism started in the European continent. This period consisted of art, literature, poetry, philosophy and scientific thought. It played a major role in historiography, education and natural sciences. It evolved from a partly reaction of the Industrial Revolution where the social norms of Age of Enlightenment and scientific rationalization of nature was created. This period tried to make a great effect on the political backgrounds as theRead MoreRomanticism Essay1493 Words   |  6 PagesRomanticism Romanticism is a movement in the arts that flourished in Europe and America throughout much of the 19th century from the period of the French revolution in 1789. Romantic artists’ glorified nature, idealized the past, and celebrated the divinity of creation. There is a fundamental emphasis on freedom of self expression, sincerity, spontaneity and originality. The movement rebelled against classicism, and artists turned to sources of inspiration for subject matter and artisticRead MoreEarly and Mid 19th Century Thought Essay654 Words   |  3 Pagesthese so-called isms. Romanticism began in the closing decades of the eighteenth century. It practically dominated European cultural life in most of the first half of the nineteenth century. Poets such as Shelley, Wordsworth, Keats, and Byron were all exponents of romanticism. This was expressed in many different ways such as Writing, art and music. Victor Hugo, A.W., Friedrich Schlegel, Schiller and Schelling all expressed their thoughts of romanticism through writing. Caspar DavidRead MoreThe Realism Movement Of France1606 Words   |  7 Pagesthe Realism movement, defined Realism as a human conclusion which awakened the very forces of man against paganism, Greco-Roman art, the Renaissance, Catholicism, and the gods and demigods, in short against the conventional ideal† (New World Encyclopedia). According to the Merriam-Webster Collegiate Dictionary, the definition of realism is the theory or practice in art or literature of fidelity to nature or to real life and to accurate representation without idealization of the most typical viewsRead MoreNeoclassical Historical Art1198 Words   |  5 PagesNeoclassical Historical Art This artistic style was a central movement encountered in European art and architecture in the period, the late 18th and early 19th centuries. Neoclassical painters showed invaluable importance to depicting costumes, settings, and details of their classical subject matter with exceptional historical accuracy. A research reveals that this art was a revived interest in classical forms and ideas that filled the European and American intellectual thought. The painters illustratedRead MoreAnalysis Of Edgar Allan Poe s The Raven And The Pit Essay1155 Words   |  5 Pagesvariety of thought known as Romanticism. The inevitable result of this new worldview was that Poe, along with others such as Ralph Waldo Emerson, Nathaniel Hawthorne, and Herman Melville, was influenced by this way of thinking in his writing. It was in this way that Poe exemplified the Romantic American culture of his time in such works as The Tell-Tale Heart. Romanticism was a movement that affected art, literature, philosophy, and nearly every other facet of the cultures of the countries that itRead MoreThe Romantic Movement Of The Late 1700s And Early 1800s2307 Words   |  10 PagesThroughout centuries, museum practices have always been eager to reflect the ever-changing ideas in art and society. In Europe, many artistic, intellectual and literary movements have inspired museum practices, not only in terms of aesthetic values but also in evoking certain philosophies. By 19th century Europe, Romanticism began to shape many institutions outlook on art, specifically the museum’s way of engaging with new forms of themes that move beyond the artworks. The aim of this paper is toRead MoreAnalysis Of Walt Whitman s What Came First The Chicken Or The Egg? 1739 Words   |  7 Pagesplayed a huge role in American culture and literature. While both authors have their respected writing styles, Walt Whitman found his voice through Emerso n’s influence and responded to his call for American poets to step forth and show the world a new era of poetry and literature. Emerson had a specific idea of what poetry should be and although Whitman answered the call, he went in a different direction with his works and writing style. Poetry in light of European tradition was measured and fitRead MoreEssay on An Analysis of the Renaissance and Romanticism Art Periods1241 Words   |  5 PagesEarlier Historical Art Period In the early 1300s, Europeans began to shed the dark and oppressing mindsets of the Middle Ages. This sparked a revolution that would begin in Italy and spread throughout Europe, and is known today as the Renaissance. The word Renaissance literally (and fittingly) means ‘rebirth’ – making it a fitting title for a period where interest in learning, philosophy, and the classical arts were ‘reborn’. Where the Middle Ages took the meaning out of the arts – using paintings

Significant Efforts in Turkmenistan - 1863 Words

Significant efforts to develop a journalistic identity and media freedom have stumbled badly in Central Asia, primarily Turkmenistan. The state controlled media system that is currently in place has prevented any citizen voice in Turkmen media. Since 1992, journalism and free media in Turkmenistan have been on a downward spiral. Unfortunately, prospects for developing a believable, fact-based journalism look grim for this region. Thus, the citizens of Turkmenistan are forced to be unaware of the world around them and to accept that all information is altered by the state. Journalism and media in the Central Asian region such as Turkmenistan are in worse shape than the rest of the Western world. To research this idea, secondary research sources are used to develop a more concrete idea about the state of media in Turkmenistan. One of the most confounding elements of the research found is that journalism in Turkmenistan is a hopeless occupation. Many of the citizens are forced to fear the occupation, and thus, be forced to pursue another avenue. Consequently, those who endeavor to aid the state of media and journalism in Turkmenistan should expect minimal result. Many attempts to relinquish media freedom have led to empty promises and low expectations. Based on the history of the region, the future of journalism and media seems negative. Unfortunately, with over two terms of dictators promoting the state-run media, the citizens of Turkmenistan are stuck in a downwardShow MoreRelatedEssay about Turkmenistan: A Nation of Contradictions1451 Words   |  6 PagesTurkmenistan: A Nation of Contradictions In October 2001, the Central Asian country Turkmenistan celebrated its tenth year of independence. Formerly the Turkmen Soviet Socialist Republic (T.S.S.R), Turkmenistan gained its sovereignty with the collapse of its communist counterpart, the Soviet Union in 1991. However, there is much to be questioned about the status of the â€Å"democratic† republic which operates Turkmenistan. Turkmenistan functions as a government who has elected a lifelongRead MoreMessi Is the Best Player776 Words   |  4 Pagesbillion Muslims worldwide, fewer than one fifth of whom are Arab. Islam is the principal religion of much of Asia, including Indonesia (which has the world s largest Muslim population), Malaysia, Pakistan, Bangladesh, Afghanistan, Azerbaijan, Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan, Kazakhstan, Iran, Iraq, Syria, Jordan, the Arabian Peninsula states, and Turkey. India also has one of the world s largest Muslim populations, although Islam is not the principal r eligion there. In Africa,Read MorePreventing the Desertification of the Aral Sea Region Essay1563 Words   |  7 Pagesregarding the once abundant Aral Sea, which once was one of the premier ecosystems featured prominently throughout Central Asia. The Aral Sea, which is situated in Central Asia between several countries, which include Kyrgyzstan, Tajikistan, and Turkmenistan. According to Phillip-Whish-Wilson, the Aral Sea was once the â€Å"forth largest inland body of water on earth with a surface area of 66,000 kilometers squared.† (Whish-Wilson 2002, 29). Additionally, it supported â€Å"75 percent of Central Asia’s populationRead MoreEssay on Oil Export for a Unified Caspian Oil Conglomerate2961 Words   |  12 Pages 11 300 Turkmenistan 0.6 80 80.6 125 159 200 Total 10 233 243 1130 1292.2 3700 ----------------------------------------------------------------------------------------- The Caspian Sea region is bounded by Azerbaijan, Iran, Kazakhstan, Russia, and Turkmenistan. Russian and Kazakhstan occupy the northern half of the sea coastline and Turkmenistan, Azerbaijan and Iran take upRead More The Post-Soviet Reemergence of the Russian Empire1854 Words   |  8 Pagesits states seceded and founded new nations and Russia lost significant power over the region. The new Russian Federation, in an effort to reestablish Soviet supremacy, has launched a neo-imperialistic campaign to once again have political, economic and security control over the area today known as the Caucasus. Principally, Russia wants to have political control over the area consisting of the lands of Azerbaijan, Kazakhstan, Turkmenistan, Georgia and Chechnya as well as the Caspian Sea. FurthermoreRead MoreSex Trafficking : The Exploitation Of Women And Children1370 Words   |  6 Pagesmaking significant efforts to bring themselves into compliance with those standards. There is also a Tier 2 Watch List, and this is Countries whose governments do not fully comply with the TVPA minimum standards, but are making significant efforts to bring themselves into compliance with those standards. They also have the absolute number of victims of severe forms of trafficking is very significant or is significantly increasing; There is a failure to provide evidence of increasing efforts to combatRead MorePoint Paper Caucasus Region1048 Words   |  5 Pagestransport to western markets. Azerbaijan uses this energy development to build strategic partnerships and ensure international attention for its independence. Since 2017 various U.S. Army reserve engineer units participated in stability related building efforts to upgrade the Azerbaijani infrastructure. a. In the south region in 2015 the SAPP (South Azeris People Party) formed to represent the people of this region. It was unable to affect change and the group, however it gave birth in 2016 to the SouthRead MoreC210 Point Paper Cacausus Region1195 Words   |  5 Pagesis continuing efforts to sustain and increase its economic growth by protecting proven oil reserves from deep water Caspian Basin oilfields and securing its transport to western markets. Azerbaijan uses this energy development to build strategic partnerships and attract international attention in favor of its independence. Since 2017 the U.S. has provided support to Azerbaijan through various U.S. Army Reserve engineer units participation in stability related construction efforts directed at upgradingRead MoreDrilling For Oil : Good For The Economy1203 Words   |  5 Pagesthat drilling has on the environment, and explore possible solutions to this argument. I will argue that with careful and strict regulation, dri lling needs to take place in ANWR as a short term solution to the significant renewable energy problems that America is facing. Significant effort will be required to develop more efficient drilling methods and alternative fuel sources. Those who argue for drilling in ANWR suggest that drilling in ANWR will decrease our dependency on foreign oil. Oil productionRead MoreThe Epidemic Of Eastern Europe And Central Asia1200 Words   |  5 Pages substance use remains an important driver of new infectoins. . Implementation of known interventions to reduce transmission in IDUs has been impeded by challenges in scaling up opioid substitution therapy (OST) as well as other harm reduction efforts such as needle exchange. The use of OST is illegal in Russia and access to these services is limited io other countries. Antiretroviral therapy in the region became widely (but not universally) available after 2002. However, as noted below, access

Narrative Essay On The Bubonic Plague Black Death Example For Students

Narrative Essay On The Bubonic Plague Black Death The Bubonic plague.. The symptoms for the Bubonic Plague are in an order. First the heart beats wildly as it tries to pump blood through swollen tissues. Next your nervous system starts to collapse into itself, causing very great pain and bizarre movements of the arms and legs. Next, as death neared, your mouth would gap open and your skin would blacken from internal bleeding. The end usually would come around the fifth day. Other symptoms are high fever (between 101 and 105 degrees F), aching limbs and the vomiting of blood. In the beginning the blood is slimy and tinted. Then it becomes free-flowing and bright red. The most characteristic is the swelling of lymph nodes which also ads to the darkening of the skin. Some people even turn dark purple. Did you know that there is a cycle of the Bubonic Plague? This is how it goes. 1 Fleas drink rat blood that carries bacteria 2 Bacteria multiply in flea’s gut3 Gut clogged with bacteria4 Flea bites a human and regurgitates blood into an open wound5 Human is infectedThe Bubonic Plague was used for war too. People put diseased rats or flies in other people’s water. It was also used for something else. The dead bodies of the victims of the Plague were shot at their enemies by catapult in hopes that the disease would spread. About 850 years ago Physicians were pretty strange. They recommended holding a bouquet of sweet smelling herbs and flowers up to your nose to ward off the plague. Some say this practice was an inspiration for an old nursery rhyme. You might know it. It’s called Ring a ring o’ roses. Back then it was a little different it went like this. Ring a ring o’ roses a pocket full of posies, atishoo, atishoo, we all fall down. Ring a ring of roses was said to be a rash that often signaled infection. A pocket full of posies were the flowers people carried to sweeten the air. Atishoo was the sound of a sneeze, a common symptom of the disease. We all fall down meant that all of its victims had died. Now for some death totals and dates. On October of 1347 the Bubonic Plague arrived in Sicily. Between February and May of 1349, 400 people a day died of the plague. In this same year over 50,000 Parisians died. That’s half of the Sicily’s population!The plague has many preventive measures, such as sanitation, killing of rats, and prevention of the transport of rats in ships arriving from ports in which the disease is endemic, are effective in reducing the incidence of plague. Famine, which reduces resistance to the disease, results in a spread of the plague. Individuals who have contracted the disease are isolated, put to bed, and fed fluids and effortlessly digestible foods. Sedatives are used to reduce pain and quiet delirium. During World War II, scientists using sulfa drugs were able to produce cures of the plague; by and by, antibiotics, such as streptomycin and tetracyclines, were found to be more effective in controlling the disease. Antibiotics have proved successful in treating nearly all cases of plague. However, in 1997 scientists encountered an alarming exception – a child in Madagascar who was infected with a strain of bubonic plague that was resistant to all the antibiotics normally used to fight this disease. The child recovered, but scientists fear that this strain of plague, if spread, could have serious public health consequences. Science Essays

Option and Risk-free Interest Rate free essay sample

Consider an option on a non-dividend-paying stock when the stock price is $30, the exercise price is $29, the risk-free interest rate is 5% per annum, the volatility is 25% per annum, and the time to maturity is four months. a. What is the price of the option if it is a European call? b. What is the price of the option if it is an American call? c. What is the price of the option if it is a European put? d. Verify that put–call parity holds. Question 2 Assume that the stock in Question 1is due to go ex-dividend in 1. 5 months. The expected dividend is 50 cents. a. What is the price of the option if it is a European call? b. What is the price of the option if it is a European put? c. Use the results in the Appendix to this chapter to determine whether there are any circumstances under which the option is exercised early. We will write a custom essay sample on Option and Risk-free Interest Rate or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Question 3 What is the price of a European put option on a non-dividend-paying stock when the stock price is $69, the strike price is $70, the risk-free interest rate is 5% per annum, the volatility is 35% per annum, and the time to maturity is six months? Question 4 A foreign currency is currently worth $1. 50. The domestic and foreign risk-free interest rates are 5% and 9%, respectively. Calculate a lower bound for the value of a six-month call option on the currency with a strike price of $1. 40 if it is (a) European and (b) American. Question 5 Consider a stock index currently standing at 250. The dividend yield on the index is 4% per annum, and the risk-free rate is 6% per annum. A three-month European call option on the index with a strike price of 245 is currently worth $10. What is the value of a three-month put option on the index with a strike price of 245? Question 6 An index currently stands at 696 and has a volatility of 30% per annum. The risk-free rate of interest is 7% per annum and the index provides a dividend yield of 4% per annum. Calculate the value of a three-month European put with an exercise price of 700.