German Development issue Essay Example | Topics and Well Written Essays - 500 words

German Development issue - Essay Example To be sure, Germany had transparently bolstered the work and monetary changes that were presented in the gathering really intended to manage beast rising joblessness and credit issues. â€Å"Unions were anyway cheered by the way that German Chancellor Angela Merkel, who met a worker's guild appointment in Toronto on 26 June, bolstered worker's organization requests to reference the ongoing G20 Labor Ministers meeting in Washington in the last articulation, and said that Germany stood prepared to have a further G20 Labor Ministerial during the following year† (ITUC, 2010). The above is the proof that German government specialists are anxious to participate and facilitate with different worker's organizations and laborer associations so they could haggle to arrive at an accord for government assistance and well †being of representatives. Undoubtedly, the gathering with Labor priests of G †20 countries would empower the concerned specialists to characterize the current situation with work advertise and to talk about potential measures for additional improvement. Germany has likewise supported improving common macroeconomic participation and coordinated effort with other G †20 part nations to effectively actualize the new changes that would help turn away worldwide money related emergency in future. To be sure, there is desperate need to execute this structure to guarantee endurance, development and manageability of money related and monetary establishments across created and creating countries. Germany upheld the plan to fix existing global money related framework in the light of proposals from real monetary organizations, for example, IMF and the World Bank. For example, there has been prompt need to build up a moderately adaptable budgetary framework that will help ‘reducing orderly hazard and good hazards’. Therefore, the likelihood that the world may confront another credit emergency in future could be diminished. (OECD,

The context of international business Essay Example | Topics and Well Written Essays - 2500 words

The setting of universal business - Essay Example The organization was established by Jack Cohen in the year 1919, the quantity of stores as on April 2012 happens to be 6,351 stores. (Burgemeister, 2003, p. 192). The absolute income of the organization happens to be ?64.539 billion as on 2012. The complete piece of the overall industry in U.K. is 30.2%. The major worldwide contenders of the organization are Walmart, Carrefour, Aldi, Royal Ahold and Metro. Recognizing the company’s fundamental drivers of getting to outside business sectors utilizing speculations of FDI represents remote direct venture. There are different speculations of FDI like the item life cycle hypothesis, internationalization and mixed worldview hypothesis of the OLI outline work. Among these the internationalization hypothesis has been utilized to recognize the key drives. The internationalization hypothesis expresses that an organization working in a developed economy needs to extend the skyline past the neighborhood market to get upper hand and econom ies of scale. In the mid 90s Tesco was lingering behind Sainsbury’s as the second biggest retailer in the nation and the tasks of the nation was exposed to the U.K. showcase as it were. Yet, the worldwide monetary changes couples with the drive to turn into a worldwide significant retailer asked Tesco to enter the worldwide market. The main period of internationalization started as Tesco entered Hungary in 1994. From that point forward there has been no turning around, obviously there has been sure issues in nations like France, however taking a gander at the general viewpoint the outcomes represent themselves. Today Tesco is biggest retailer in U.K. also, the third biggest retailer on the planet directly after Wal-Mart and Carrefour. Primarily Tesco is a general product and staple retailer and works as following the business to shopper system. Outer Environment Analysis External or large scale natural variables are those that can't be constrained by an association but the mo dus operand of an association gets seriously influenced by the progressions or improvements in the outside condition. The fundamental outside ecological components incorporate political, monetary, social and mechanical elements. Be that as it may, the lawful elements are additionally to be incorporated. Bit, since the vast majority of the lawful lawmaking bodies in a nation are created by the administration itself the lawful components are therefore remembered for the political variables. Here it is to be included that Tesco entered in U.S. in the year 2007. In this manner the PEST examination has been founded on the outer natural circumstance in 2007 - 2008 in particular (Henry, 2008, p. 89). Political United States has consistently been a politically steady nation. What's more, the legislatures in U.S. have consistently invited business speculations from both nearby and global firms. Numerous pros have labeled U.S. as a truly steady political nation independent of the political sy stem. Likely because of such mentality of the political pioneers of the nation the nation has gotten probably the most grounded economy on the planet. As referenced before as far the authoritative framework goes the nation as referenced has a business inviting legitimate condition inviting ventures. Legitimate and Regulatory changes during the 1970s really brought about de-guideline in different segments and upgraded rivalry and effectiveness.

What to Know Before You Move to London After Graduation

What to Know Before You Move to London After Graduation What to Know Before You Move to London After Graduation By Alexandra Jane London may be the world’s second most expensive city, but the bustling capital continues to prove attractive to graduates looking for a first job after university. Almost a quarter of new graduates have moved to London in recent years, joining the crowds in Camden market, Shoreditch bars and east London parks. Before you follow everyone else and find a house-share in Brixton, here are some things to consider. What’s your motivation? #london #england #archdaily #archilovers #arquitetura #architecture #architettura #architecturelovers #citylife #igers #igdaily #ignation #instamood #instagood #mexigers #lookingup #travelgram #architecteye #architecturephotography #archhunter #publicspace #landscapephotography #spring #teatime A post shared by @julianocruzz on Jun 16, 2017 at 7:08am PDT If your career is the primary motivation for moving to the big smoke, carefully consider whether your ambitions are realistic. While London is an irreplaceable hub of business for industries such as fashion and publishing, it also has the third-highest unemployment rate among 16-24-year-olds in the UK. The myth that graduate career opportunities don’t exist outside of London is unfounded. In fact, far less competition means you’re much more likely to get a job with an international firm such as Google or PWC in Belfast or Manchester than you are in London. If you move to London without a job, be prepared to take work in a café, bookshop or as a tutor in order to survive and pay rent for those first few months. If you’re entrepreneurially minded, also remember it will be cheaper to establish a business outside of London. Even though much of the commercial world is London-centric, the digital age has revolutionised the way we work, and you no longer need to live in London to make the most of its resources. Moving with friends Down in London Town credit to @flexy_pavilion159 - - - #holiday #london #mylife #photography #architecture #architecture #londonlife #landscape #landscapephotography #bridge #escape #love #living #lovinlife #summer #travel #holidayseason #summerstyle #clouds A post shared by Lucy (@lil_lucy_jt) on Jun 16, 2017 at 7:06am PDT When moving to a new city such as London, adjusting to the unfamiliar environment is much easier if you have a community of friends or family around you. If you’re from the country or a small town, then a big city can feel daunting and overwhelming, so maintaining â€" or making â€" connections with people who are comfortable in the city can really help you to settle and begin to feel at home. Moving in with friends can be a brilliant decision, as you’ll be navigating the tricky waters of a new life together. Your housemates will be there to celebrate and commiserate with you, creating a comfortable home environment to retreat into if the wider city becomes too much. It might be that you don’t know anyone else planning to move to London, and you end up taking a spare room in a house share or even moving in by yourself. If you do, try to find housemates that share your interests and lifestyle as this will reduce the risk of disagreements. Also, bear in mind that travelling out of London or to other parts of the city can be time consuming, so it will take some effort to see friends and family based elsewhere. If you’re not sure you can survive without more regular contact with people you already know, you might need to reconsider your plans. Cost of living The CocaCola London Eye #londoneye #thelondoneye #cocacolalondoneye #thecocacolalondoneye #london #visitlondon #londra #sky #clouds #dasotto #waitingforit #londonview #uk #visitbritain #unitedkingdom #regnounito #inghilterra #england A post shared by Fabrizio Cacialli (@gibmix) on Jun 16, 2017 at 7:06am PDT As gentrification strikes more and more areas in London and house prices rise above the level of sanity, more families (and individuals) are being forced to up sticks and leave the city for a more frugal existence. Why then, at a time when families who have grown up in London are leaving, are graduates still moving to the city? Living in London is likely to only ever be a short-term measure, especially if you’re hoping to save money for the future, so make sure you have a comprehensive plan and look after your money wisely. Are you a city person? #bigben #London A post shared by Jednorozec (@marysia_080) on Jun 16, 2017 at 7:05am PDT Moving to London may seem unavoidable, but many people simply aren’t suited to the daily hustle of city life. Take the time to consider whether a quieter town or rural existence with a sense of community would be more suited to you. London is often cited as one of the loneliest places, so take the pressure off yourself and remember that the city isn’t for everyone. Consider whether you will be able to relax into a routine of public transport involving that daily squeeze of the tube at rush hour. Also, moving to London after uni doesn’t need to be a long-term commitment. You don’t need to know if you want to stay six months, six years or six decades, so relax and ask yourself what atmosphere is most suited to the lifestyle you want right now. Yes it’s daunting, but London is also brilliant #London #upintheair #londoneye #uk A post shared by Ahmed Adly (@a_adly) on Jun 16, 2017 at 7:02am PDT Having dismissed London as expensive, overcrowded and often lonely, we also need to stress that it’s a marvellous city, buzzing with potential and excitement. Once you’ve cracked the surface â€" and this can take months to do â€" you’ll discover the hidden beauty of a city which thrives with opportunity and ambition. Alexandra Jane writes graduate careers advice for Inspiring Interns, a recruitment agency which helps career starters find everything from project management roles to marketing internships. Check out their graduate jobs London listings here.

Is Bad Parenting Cause Mental Illness - 973 Words

I really struggled with this question, I had to approach it from many different angels. First to answer the question can bad parenting cause mental illness like schizophrenia I would say yes. Hers why; first off substance abuse can cause brain abnormalities which is linked to schizophrenia. When women become pregnant were told numerous of times the affects alcohol, drugs, and cigarettes can have on the fetus. So I feel any affects that a child has from a mother being careless while being pregnant is bad parenting. I have heard of cases where military veterans were diagnosed with schizophrenia after they joined the force. My thought if extreme amounts of stress can cause PTSD, Depression, and Alcohol abuse all which have been linked to genetics and environmental causes, schizophrenia can be caused by bad parenting especially if a child is highly abused and exposed to extreme amounts of stress. I also looked at it in the sense if the parent is schizophrenia themselves their child has l ess than 50% chance which means several genes are involved or the disease itself is being triggered by other factors (pg 391). Something that I found interesting was in the book it says symptoms of schizophrenia often emerge soon after puberty, this is a time a child tends to become more violent, rebellious and outspoken in most case if they come from an abusive home. My thought is that puberty is a time where an adolescent express themselves. At this age their making decision on how to voiceShow MoreRelatedParenting Is A Huge Public Health Issue Facing Society Today901 Words   |  4 PagesParenting is a huge public health issue facing society today (Hoghughi, 1998). The environment a parent sets for their child is important because childhood is the time when human beings are particularly susceptible and responsive to external experiences (Bornstein, 1998). Children will grow up to believe behaviors and ideals of their parents are appropriate and acceptable by society. The influe nce parents have on kids has a major effect on issues such as teen pregnancy, substance abuse, child abuseRead MoreMental Health Illnesses Have A Genetic Contribution1534 Words   |  7 Pagesproving to show that mental health illnesses have a genetic contribution. Mental health professionals have long known that certain mental illnesses can run in families, due to the fact that most, the chance of obtaining schizophrenia or bipolar disorder with no genetic factor is around one perfect, as to where if someone has a close relative with a certain disorder, such as a parent or sibling, the risk factor jumps to around ten percent. The genetic force behind the abundance of mental illnesses is especiallyRead MoreAnalysis Of Jacquelyn Mitchard The Deep End Of The Sea 1039 Words   |  5 Pagesuntil one day, seven years later, she finds him. The novel follows the Cappadora’s as they cope with a new addition to their lives that presents twists, tragedies, and heartbreaks. Narrative s play an essential role in understanding the subject of mental illness by recognizing that traumatic events, dysfunctional families, and the introduction to an unaccustomed environment are routine occurrences that instigate this condition. Trauma has sorrowfully touched upon the lives of millions of people worldwideRead MoreThe Bystander Effect And Schizophrenia981 Words   |  4 Pagesâ€Å"Bystander Effect,† People whom suffer from schizophrenia also face many other misconceptions. Some believing that schizophrenia is caused by bad parenting. We are going to take a closer look into several different viewpoints that lead us to believe or not believe these conceptions. Schizophrenia What is Schizophrenia? A severe, chronic, and challenging mental disorder characterized by abnormal social behavior and failure to recognize reality. The outcome of this is brain disorders such as: delusionsRead MoreAnorexia Nervosa (Phychology)1084 Words   |  5 PagesOR MORE EXPLANATIONS FOR MENTAL DISORDERS There are several approaches in psychology which attempt to explain mental disorders. The biological approach sees a mental disorder as a medical problem, it assumes mental illness to have a physical cause and the treatment offered is physical. Behavioural approach emphasise learned behaviour, its treatment is based on conditioning principles. New adaptive behaviours are learned. Other approaches which propose causes of mental disorders as psychologicalRead MoreBeing Attention Deficit / Hyperactivity Disorder ( Adhd ) Essay1706 Words   |  7 Pagesto label them as bad children exhibiting behavior problems. Child psychologist, Harvey Parker, who founded Children and Adults with ADD (CHADD), a nonprofit organization says, now we see that it s genuinely not under their control, and we perceive them more as children suffering from a neurobiological disorder of self-control and attention problems (Parker, 2000). In a Frontline interview Peter Jensen, the former the head of child psychiatry at the National Institute of Mental Health and currentRead MoreColumbine High School Massacre : Self Control Theory Essay1709 Words   |  7 Pagesover the goth culture, social outcasts, and gun culture, teenage internet usage, pharmaceutical antidepressants used by teens, and violence incorporated in video games. When tragic events like this happen we can t help but to wonder what is it that causes the offenders to commit such horrible crimes. A theory of crime should give us understanding of the facts, no matter how rare and horrible they may be (Valenzuela, 2014). The self control theory, developed by Travis Hirshi and Michael GottfredsonRead MoreSchizophrenia Poster Research Topics : Schizophrenia1715 Words   |  7 Pagesminds, controlling their thoughts, or plotting to harm them. This can terrify people with the illness and make them withdrawn or extremely agitated. People with schizophrenia may not make sense when they talk. They may sit for hours without moving or talking. Sometimes people with schizophrenia seem perfectly fine until they talk about what they are really thinking. There are many subtypes of the illness as well. Schizophrenia is a brain disorder that affects the way a person behaves, thinks, andRead MoreTda 2.11012 Words   |  5 Pagesemotional development as they may feel their opinion and needs are not being met due to their failure to communicate. Their Social development may be affected if they have a Physical disability e.g. cerebral palsy, a long term injury, a chronic illness, malnutrition or spinabifider as this may mean that they can not go out and play and struggle to join in with other childrens games. Resulting in less opportunities to build relationships or friendships with the other children. If a child has aRead MoreObsessive Compulsive Disorder : A Type Of Severe Anxiety Disorder1577 Words   |  7 Pagesstress and feared situations. Both compulsions and obsessions cause disabling levels of anxiety. The individual affected is often able to recognize the behavior as excessive and irrational, but is unable to control or stop the behaviors without intervention. Like most mental illnesses, this disorder is not exclusive to affecting individuals of a certain age group, race or socioeconomic status. According to the National Institute of Mental Health, OCD affects about 2.2 million American adults and about

Rel321 Asu - 1103 Words

REL321 25 March 2012 First Portfolio Essay Assignment Hey Diana, I am writing this letter today with hopes to inform you about a religions course I am taking. I know you are a history guy so I thought it would be interesting to write about the religious history of America. The United States happens to be one of very few major nations in history to be founded and established on principles of separation of church and state. This book I am reading, â€Å"The Religious History of America†, by Edwin Gaustad and Leigh Schmidt, gives a great overview of the different strand of religious development in the United States. They are divided into four fundamental time periods: the Colonial times; the Revolutionary War to the Civil War; Post Civil War to†¦show more content†¦The Europeans settlers justified the killings and forceful taking of the Natives land by saying that their Christian was calling to claim the land and that the Native Americans didn’t have right over the land just because they saw it first. Many Natives di ed because Christianity labeled Native Americans as idolaters, therefore worthy of slaughter. Native Americans were mistreated throughout history. For example, the arrival of Spaniards on the island of Hispaniola can be described as a catastrophic event. Native Americans considered the Spaniards angels and even conformed to their Christian beliefs, but the Spaniards showed no mercy to them. Natives were slaughtered and enslaved by the European settlers, with one word in mind, wealth. The founding fathers of our country were bright, respected, and religious gentlemen. A bill was drafted in the early months of the year 1777 by Thomas Jefferson. â€Å"The purpose of this bill was to establish religious freedom seeking to prevent anyone from being compelled to frequent or support any religious Worship place or Ministry or having their religious actions or inactions affect their civil capacities. This broadside of the proposed bill, printed in Williamsburg, is the earliest known printed text of Jeffersons proposed law. Virginia did not adopt the Act for Establishing Religious Freedom until January 16, 1786, when Jefferson was United States minister to France† (Library

Short Story - 1101 Words

â€Å"So what you’re telling me is I have...every power?† Phoenix asked again, still sitting there in shock as the ice continued to melt around him. Mike nodded â€Å"You’ll receive every power the others have and your own† â€Å"And probably even extra† Sydney piped up, returning to the room after fetching Hector and hustling Daniel and Carter out. Hector scoffed arrogantly â€Å"If you ask me Anna would have been a better fit for the Universal, she’s the best trained for it, we trained her for it and you hardly trained him at all† â€Å"You over trained her!† Mike shouted back â€Å"she has no sense of compassion or empathy left in her!!† â€Å"She’s a soldier!† Hector hissed, narrowing his eyes. â€Å"That’s precisely the problem† Sydney defended â€Å"these children were meant†¦show more content†¦Phoenix just nodded, easily being able to tell Mike was still exhausted, they all were. Even the time they did usually get to sleep was usually wasted by tossing and turning in bed wondering what the Larks and Ellie were doing, contemplating their next moves and feeling sorry for themselves, at least that’s what it was for Phoenix. â€Å"It’s ok, I’ll stay with you† Hector stated, turning to Mike â€Å"you look after my little girl out there would you?† â€Å"Will do buddy† Mike answered, patting him on the back and leaving the room with Sydney in tow. Rolling out of bed, Phoenix ducked Hector’s arms as he tried to grab for him. â€Å"I’m sorry† he laughed â€Å"I have to say goodbye to Carter† Hector raised his eyebrow as Phoenix reeled back on his previous comment. â€Å"The others† he rushed out â€Å"I have to say goodbye to the others† before turning to bounce out of the room, only to be stopped by Hector’s arms grabbing him firmly around the shoulders and pulling him back, pushing him down onto the bed and standing over him triumphantly with a large smile painted across his face. â€Å"Not going to happen kid, Mike would kill me if I let you stow away† he winked. â€Å"What can I do?† Phoenix asked, annoyed that Hector had foiled him so quickly. Hector pouted slightly in thought before his eyes lit up. â€Å"Open your chest and see what else you have in there, Anna can openShow MoreRelatedshort story1018 Words   |  5 Pagesï » ¿Short Stories:  Ã‚  Characteristics †¢Short  - Can usually be read in one sitting. †¢Concise:  Ã‚  Information offered in the story is relevant to the tale being told.  Ã‚  This is unlike a novel, where the story can diverge from the main plot †¢Usually tries to leave behind a  single impression  or effect.  Ã‚  Usually, though not always built around one character, place, idea, or act. †¢Because they are concise, writers depend on the reader bringing  personal experiences  and  prior knowledge  to the story. Four MajorRead MoreThe Short Stories Ideas For Writing A Short Story Essay1097 Words   |  5 Pageswriting a short story. Many a time, writers run out of these short story ideas upon exhausting their sources of short story ideas. If you are one of these writers, who have run out of short story ideas, and the deadline you have for coming up with a short story is running out, the short story writing prompts below will surely help you. Additionally, if you are being tormented by the blank Microsoft Word document staring at you because you are not able to come up with the best short story idea, youRead MoreShort Story1804 Words   |  8 PagesShort story: Definition and History. A  short story  like any other term does not have only one definition, it has many definitions, but all of them are similar in a general idea. According to The World Book Encyclopedia (1994, Vol. 12, L-354), â€Å"the short story is a short work of fiction that usually centers around a single incident. Because of its shorter length, the characters and situations are fewer and less complicated than those of a novel.† In the Cambridge Advanced Learner’s DictionaryRead MoreShort Stories648 Words   |  3 Pageswhat the title to the short story is. The short story theme I am going conduct on is â€Å"The Secret Life of Walter Mitty’ by James Thurber (1973). In this short story the literary elements being used is plot and symbols and the theme being full of distractions and disruption. The narrator is giving a third person point of view in sharing the thoughts of the characters. Walter Mitty the daydreamer is very humorous in the different plots of his dr ifting off. In the start of the story the plot, symbols,Read MoreShort Stories1125 Words   |  5 PagesThe themes of short stories are often relevant to real life? To what extent do you agree with this view? In the short stories â€Å"Miss Brill† and â€Å"Frau Brechenmacher attends a wedding† written by Katherine Mansfield, the themes which are relevant to real life in Miss Brill are isolation and appearance versus reality. Likewise Frau Brechenmacher suffers through isolation throughout the story and also male dominance is one of the major themes that are highlighted in the story. These themes areRead MoreShort Story and People1473 Words   |  6 Pagesï » ¿Title: Story Of An Hour Author: Kate Chopin I. On The Elements / Literary Concepts The short story Story Of An Hour is all about the series of emotions that the protagonist, Mrs. Mallard showed to the readers. With the kind of plot of this short story, it actually refers to the moments that Mrs. Mallard knew that all this time, her husband was alive. For the symbol, I like the title of this short story because it actually symbolizes the time where Mrs. Mallard died with joy. And with thatRead MoreShort Story Essay1294 Words   |  6 PagesA short story concentrates on creating a single dynamic effect and is limited in character and situation. It is a language of maximum yet economical effect. Every word must do a job, sometimes several jobs. Short stories are filled with numerous language and sound devices. These language and sound devices create a stronger image of the scenario or the characters within the text, which contribute to the overall pre-designed effect.As it is shown in the metaphor lipstick bleeding gently in CinnamonRead MoreGothic Short Story1447 W ords   |  6 Pages The End. In the short story, â€Å"Emma Barrett,† the reader follows a search party group searching for a missing girl named Emma deep in a forest in Oregon. The story follows through first person narration by a group member named Holden. This story would be considered a gothic short story because of its use of setting, theme, symbolism, and literary devices used to portray the horror of a missing six-year-old girl. Plot is the literal chronological development of the story, the sequence of eventsRead MoreRacism in the Short Stories1837 Words   |  7 PagesOften we read stories that tell stories of mixing the grouping may not always be what is legal or what people consider moral at the time. The things that you can learn from someone who is not like you is amazing if people took the time to consider this before judging someone the world as we know it would be a completely different place. The notion to overlook someone because they are not the same race, gender, creed, religion seems to be the way of the world for a long time. Racism is so prevalentRead MoreThe Idol Short Story1728 Words   |  7 PagesThe short stories â€Å"The Idol† by Adolfo Bioy Casares and â€Å"Axolotl† by Julio Cortà ¡zar address the notion of obsession, and the resulting harm that can come from it. Like all addictions, obsession makes one feel overwhelmed, as a single thought comes to continuously intr uding our mind, causing the individual to not be able to ignore these thoughts. In â€Å"Axolotl†, the narrator is drawn upon the axolotls at the Jardin des Plantes aquarium and his fascination towards the axolotls becomes an obsession. In

The Miracle Hangover Cure-Article Free-Samples â€Myassignmenthelp

Question: Discover the Miracle Hangover Cure-Article. Answer: The first assumption is based on transitivity. That implies consumers prefer all options at their choice. Moreover, customers prefer consuming more to less. That is the assumption of non-satiation (Allenby, Kim Rossi, 2015). Lastly, economists have rational preferences for the outcomes. They mainly consider utilities and their wealth values. The assumptions are quite necessary. The first one makes economists think critically and creatively on their choices. They end up choosing decisions which satisfy all their preferred options. Chris, in the article, thinks of consuming more beer, but later remembers using his new PlayStation. Individuals prefer consuming more to derive utility. Chris finds it easy to order the second beer to satisfy his utility. The assumption is significant in that it helps the consumer to balance all his or her choices. As Chris consumes the second bottle, his satisfaction for beer reduces, while he begins to think about going home and playing the PlayStation. Varian, (2014) terms that as the law of diminishing marginal utility, where the more you consume a commodity, the more you get satisfied with it. After some time, the consumer achieves maximum satisfaction and opts to other choices. That balances all his options. Lastly, everyone is always wary of outcomes. Consumers are cautious of effects of their consumption to incomes and values. The young journalist fears to drink more to avoid extra costs. He also fears to get hangovers the following day. Therefore, by evaluating outcomes caused by excessive drinking, the journalist ends up drinking less to save costs and avoid mental illnesses. It is important for people to understand assumptions developed by economists. It assists them to balance their options and choices. Besides, it makes them critical thinkers. They reason a lot of their choices. Finally, it helps them to preserve their incomes by spending less on their chosen portfolios. When one foregoes one choice for another, he or she obtains an opportunity cost. Those are the benefits attributed to non-consumption of a previous option (Chodorow-Reich Karabarbounis, 2016). Chris evaluates between drinking beer and going home to play games. Making that decision grants him numerous benefits. First of all, he escapes the hangovers he would suffer the following day. Also, he would accurately be capable of collecting the stamps. If he drinks only two bottles, he wont be feeling sick. Therefore he would perform his duties actively. Finally, he would also enjoy using his PlayStation when he gets home. If he opted to continue drinking, all those opportunity costs would be foregone. It is true that individuals suffer hangovers by not applying rational models. First of all, hangovers result from excessive beer drinking which is a consumption good. Cynamon Fazzari (2015) say that income is always equivalent to total consumption, individuals investments and their savings. If human beings were rational, they would balance the three effects in a way that they benefit. They could reduce their consumption and dwell more on investing and saving. Reducing consumption, in our case, will mean reduced beer drinking. That creates room for the individual to do other activities effectively. Economists like Chris and the journalists are rational. They think how consuming more beer would cause effects to their other duties. They also evaluate the cost-benefit equation. Most individuals just consume beer until they are totally drunk. They believe maximum utility is obtained when one is completely drunk. Due to lack of rational thinking, they tend to suffer hangovers the following day. They may not be in a position to do their duties as expected. Drinking many results to reduced work performance, bankruptcy, limited careers and loss of friends (Ham, Bacon, Carrigan, Zamboanga Casner, 2016). Economists typically follow five stages in making a rational decisional. Initially, they all have goals. In the article, the journalist wants to avoid hangovers so that he may perform his duties well in the workplace. The same to Chris. Secondly, they always have a criterion of making decisions. They are quick and very creative in formulating decisions. Besides, they are ever considering alternatives which are cheaper to their choices (Hammond, Keeney Raiffa, 2015). Chris considers going home to play with his new machine. Drinking beer and playing games almost yield to same satisfaction- relaxing the mind and getting entertained. The fourth stage is task analysis. They value different concepts, models, and theories (Ford, Richardson, 2013). Here, they think among the chosen portfolios, which one suits them most. Both Chris and the Journalist consider the cost-benefit concept. Finally, a final decision is made after the analysis. Chris thinks gives up the third beer and goes home. The journalist also fears to get hangovers as well as spending much on beer. She also leaves Opera bar and goes home. The article can work in theory but may never work in real-life or practical. Beer is quite expensive for low and medium-income earners. However, the commodity is cheaper for high-income earners. Economists use the cost-benefit model to avoid excessive drinking. This concept will only work theoretically. Practically, wealthy people, who drink, may not consume little beer for the sake of saving. They already have substantial incomes and will drink till they are satisfied. Secondly, in some cases, beer is termed as a drug abuse which may be addictive to the user. At this case, the users experience reverse effects. The economists want people to drink less so that they evade hangovers. However, addicted alcoholics suffer tremors, convulsions and general body fatigue (Norouzi, Carver, Dear, Bromberg, Gray, Kahan Borgundvaag, 2017). They have to take the drink to relieve them. This will be contrary to the economists. Therefore, their idea can only work in theory but not practical. References Allenby, G. M., Kim, J., Rossi, P. E. (2015). Economic Models of Choice. Chodorow-Reich, G., Karabarbounis, L. (2016). The cyclicality of the opportunity cost ofEmployment. Journal of Political Economy, 124(6), 1563-1618. Cynamon, B. Z., Fazzari, S. M. (2015). Household income, demand, and saving: Deriving macro data with micro data concepts. Review of Income and Wealth. Ford, R. C., Richardson, W. D. (2013). Ethical decision making: A review of the empirical Literature. In Citation classics from the Journal of Business Ethics (pp. 19-44). Springer Netherlands. Ham, L. S., Bacon, A. K., Carrigan, M. H., Zamboanga, B. L., Casner, H. G. (2016). Social anxiety and alcohol use: The role of alcohol expectancies about social outcomes. Addiction Research Theory, 24(1), 9-16. Hammond, J., Keeney, R., Raiffa, H. (2015). Smart choices: A practical guide to making Better decisions. Harvard Business Review Press. Norouzi, N., Carver, S., Dear, T., Bromberg, S., Gray, S., Kahan, M., Borgundvaag, B. (2017). Evaluation of alcohol intoxication and withdrawal syndromes based on analysis of tremor signals. Biomedical Signal Processing and Control, 33, 83-87. Varian, H. R. (2014). Intermediate Microeconomics: A Modern Approach: Ninth International Student Edition. WW Norton Company.