Endowment College Essays Samples For Students

Factor-Endowment Theory

This theory is also known as “Heckscher-Ohlin Theory. It is a theory of international trade. This theory is projection of the classical view. The main point of focus of this theory is the comparative advantage and its different patterns. This theory proposes that the comparative advantage is due to the differences in the factor endowment. This theory has gained much familiarity from the mid of the twentieth century to the end of the century. It is still center of the attention but faces a lot of criticism as well (Rich, 1992)
The amount of labor, capital, land, entrepreneurship and other ...

Higher Education

Q. 1. Compare and contrast two budget philosophies in higher education. How are these philosophies able to reach the same financial planning goals of a campus? How should the institution's budget philosophy align to the institutional mission?

A. There are two common approach in higher education budgeting, the Incremental Budgeting and the Responsibility Center Budgeting. To compare the two, the university revenues in IB approach is being deposited in the university's general fund and the central authorities will be the one to do the allocations and determine how much budget each individual group will get. On the other hand, RCM ...

There is a common reaction for many people when they see modern art: “this isn’t art,” they’ll say, shaking their heads in disbelief. “I could have done this-- what is it doing in a museum?” Many people are not well-versed in the art world, and do not have a good philosophical understanding of the question of art and non-art. When deciding whether or not the government should fund a certain exhibition of art, whether through grants or public funds, there are a variety of different factors that must be considered by the government and the artist.
The federal and state governments ...

Introduction

This paper identifies and provides an overview of some of the grants and initiatives of the national endowment for the arts in Tennessee. The grants identified have been found to be interesting in different aspects.

This commission receives grants from the national endowment for the arts. I find this interesting in that the Tennessee General Assembly also funds the commission. Moreover, it is the mandate of the local government to support this commission.

The Nashville Shakespeare festival

In the 2012/2013 financial year, the Nashville Shakespeare festival was supported to the tune of $10,000. This event offers a significant boost to upcoming artist to ...

The National Endowment for Arts distributes money to agencies and artists nationwide. In this paper, I will provide an overview of some of the grants of the National Endowment for arts for arts in Tennessee as well as provide the reasons that make these grants interesting to me.
This institution was awarded $15,000 in support of an analysis of an in-school art education programs in the Southern U.S. through the review of documents, interviews, observations and focus group discussions that were based on several case studies (NEA, 2013). This grant has become interesting to me since it ...

Abstract

The commonly held perception that the government provides all of the funding for the arts, distributed through the National Endowment for the Arts, is inaccurate and misleading. In truth, private and corporate donations account for a substantial part of the money that is distributed nationally each year. In the current economic environment, a partnership between the government, corporate and private donors represents an attractive scenario in which the arts would thrive free of the influence of the government. In this paper, it is argued that a more expansive concept of arts funding must be realized if the nation is to continue to ...

A bias according to which people have a habit of accepting as true is “the law of small numbers”; that bias is a tendency to make assumptions based on small quantities of information. For instance, if a hedge fund executive had successful fiscal results for two years in a row, a lot of people would think that the hedge fund executive is himself above average, however this assumption is not considered valid, stemming from such a small number of years. Another example of this biased assumption is when you think you can guess if the next coin toss will be heads or tails, when the ...

Since 1965 when it was created by an act of Congress, the National Endowment for the Arts (NEA) has been funding projects designed to support artistic excellence in the community. I think that in the progress of a culture or society, once the basic components are in place such as food and shelter, is when arts can abound. Part of how a culture’s success is judged is on to what degree the arts have an importance in within the society. The NEA is as a result an important marker to where American culture is.
While the NEA awards for programs ...

Preference Ordering

This refers to ordering choices of alternatives that determine preferences. Different sets of consumption bundles face the consumer but only one is an optimal choice. Therefore, a consumer will order available products and services in order of utility derived from each based on reflexivity and transitivity. If X > Y and Y > Z then X > Z. If good X and Y are available to the consumer, only one can be chosen. If X > Y the consumer strictly prefers good X to Y and vice versa. Alternatively an order X ≥ Y implies the consumer weakly prefers X to Y. An order X ≥ ...

The production possibility frontier for Brazil depicts the maximum outputs of clothing and soda that the country can produce simultaneously with given combination of inputs as well as other factors of production. Ideally, the production possibility frontier shows the optimal production points of the economy at any point for the two products. Point E in the graph below denotes the optimal production point for both products. Additionally, the slope of the graph at point E reflects the marginal rate of transformation in Brazil. This denotes the rate at which the production of clothing can transform into the production of ...

Summary of Thinking, fast, and slow by Daniel Kahneman

George Mason University
Summary of Thinking, fast, and slow by Daniel Kahneman
Introduction The author, Daniel Kahneman, hopes that the readers would benefit from the reading of his book, which is about biases of intuition. According to the author, it can be a tough choice between what we believe and what we want. Friends and colleagues help us in making and evaluating choices. The thinking process is one conscious thought leading to another. The mental work creates impressions and intuitions silently in our minds. We allow our beliefs, feelings and preferences to feel confident about our decision, even if ...

Regional Trade Agreements

Entry into regional trade agreements has become a commonplace and the secret behind regional economic competitiveness and eventual success. A good example of the economic gains derived from such agreements is the case of EU which forms the largest economy in the world. The entry into these agreements pulls in foreign direct investments to the member countries. The foreign investments increase the economic activity and cause the net effect of increasing the GDP in the specific countries. An example is the estimated 0.5% increase in output that would accrue from the creation of an economic agreement between the US ...

Introduction

The ongoing "refugee crisis" remains one of the troubling issues and increasing problem in the European integration. Over the last few years, the European Union (EU) has experienced crises resulting from Russia and Ukraine conflict and economic instability in Greece. However, these issues cannot be compared to the current unprecedented influx. The communities in the EU are now struggling to cope with the unanticipated increase of the migrants and asylum-seekers, which started few years ago but considered to reach a climax in 2015. In this year, it is estimated that more than one million refugees and migrants entered into ...

Introduction

The media has had an amazing impact on the society around it. Newspapers, television, internet, and the radio are some of the forms of media that are in use, in Canada. Unfortunately, the media has managed to influence people’s perceptions and behavior in a negative manner. Stereotyping is one way through which the media can create negative perceptions by pointing out certain characteristics about a certain group of people. It is no wonder the Canadian media have been involved in issues of ethnic stereotyping of certain groups in Canada. The Canadian blacks have been the worst affected with the rampant ...

Global Economics

Answer of Question 1
The joint venture is not a good idea because the potential for disputes and conflict is present in the joint venture. The partners in a joint-venture may differ in their opinion of managing the business affairs of the company (Campbell). Disagreement may arise between the partners regarding the future direction of the business and disputes on the capitalization of the business. The partners having conflicting goals and interests may affect the joint venture if the interests and goals are not communicated in a proper way.

Answer of Question No 2

The Heckscher-Ohlin theory indicates that the countries will export those products in ...

Abstract

There are numerous reasons as to why nations trade with each other. The main reason why countries engage in trade is due to the fact that there is a difference in the way natural resources are distributed. This is coupled to the factor of endowment. The factor of endowment refers to the money, land or labor that can be exploited to realize economic gain. The fact that every nation has a unique distribution of resources makes every country have its own economic potential. Some nations are blessed with more resources in terms of population, land and minerals compared to others. A ...

Works Cited 9

Preface
Enron Corporation was American based energy, commodity and service organization that was established in 1985 by Kenneth Lay in Omaha. The company was formed by merging Intermorth organization and Houston Natural Gas. Over a period of time after its formation company shifted its focus from energy trader to energy bank by giving guaranteed quantities at fixed prices for long-term. The company was bankrupted on 2nd December 2001. Before its bankruptcy the company was one of the major operators in energy sector. It owned energy plants, gas distributors, water organizations and other subsidiaries to provide various services to customers ...

John F. Kennedy vs. Lyndon B. Johnson

Introduction

The political strategy of President Johnson was better suited in development of the USA in comparison to that of President JFK. This was crucial in the running of the countries projects to improve the status of the common American at the time. Johnson’s policies changed the way of governing of the American society for the better. President Johnson and JFK had different approaches to the way they wanted to help the common American in their terms as presidents. The new frontier and the great society are the best policies of the ...

Introduction

Eugene Onegin is the masterwork poem of the Great Russian poet of all time in the name of Alexander Pushkin Meet my hero of romance, before you, let him now advance. Eugene Onegin, born and raised There beside the Neva’s shore, Where you too were nourished or Found your fame, perhaps amazed, there I too strolled back and forth: Though the North affects me so.
. This is an 1820 Russian encounter of three men and three women so enchanted in vicefull structures that they almost incompetent. Full of suspense, engaging and with a varied tone it tries to ...

The example of the car and truck production in Norway and Costa Rica is a good illustration of economic factors such as comparative advantage, absolute advantage and the factor endowment theorem. Norway has a high absolute advantage in car production. This is because it has a higher production capacity of 20 cars in one hour if it decides to produce cars only. Therefore, it produces the cars at a lower cost than Costa Rica because it will have economies of scale in its production.
Costa Rica has a higher absolute advantage than Norway in truck production. This is because, in Costa Rica, 15 ...

The age of innocence refers to a novel by Edith Warton and got published in 1920. The novel gets set in upper class New York during the 1870s (Wharton 2). In the novel, the author gets to depict the themes of social class, social rigidity and hierarchy that evidenced itself in the elite families of upper New York. Society as portrayed in the novel, forces people to convent to its forms (Pennel 18). The author paints the issue of social classes through the novels main characters of Newland Archer, May Welland and Ellen Olenska. This paper will aim at analyzing ...

The essay “Now We Can Begin: What’s Next?” by Crystal Eastman is assuredly a strong and persuasive piece. She was a social feminist who wrote this essay in 1920, after the Tennessee legislature passed out the Federal suffrage amendment, which gave women the right to vote. Well that is not all what a woman needs in the society to be considered equal with men. Eastman has diligently sought to express the need for emotional freedom and economic independence of women, in this essay, to foster the right treatment to women as human beings.
How Eastman shows the different aspects of the ...

I. International trade
The exchange of goods, services, and capital across international territories is referred to as international trade. Different countries specialize in producing different goods and trade the goods with each other (Grand mont & McFadden, 1972). This creates mutual benefit in the countries involved. The concept of international trade has been in existence since history, and its political, social, and economic importance has always been on the rise. This trade constitutes a significant share of the Gross Domestic Product of various economies (Kemp & Wan, 1993). Some of the factors that have had a huge impact on international trade include ...

Question 1: What are the advantages of leads and lags over direct loans?

Leads refers to acceleration of the time of making foreign currency payments while lags on the other hand refer to delaying the time of making foreign currency payment. It is aimed at increasing the working capital or reducing foreign-exchange exposure. Lags and leads are achieved by modification of credit terms extended in one currency to another. Most multi-national companies use leads and lags to reduce the exchange risk and to transfer the financing burden from one unit to another.
There are several advantages of leads and lags when compared to direct loans. An official note as a recognition of a ...