Monetary economics Essay Example | Topics and Well Written Essays - 2250 words

Monetary economics - Essay Example flow of capital can be supported with the example of Argentina which has experienced the floating exchange rate in the economy and the volatility and the evolution of the exchange rate which was not affected severely due to the international crisis in spite of the rise or the increase in the exchange rate. The arguments in favour and against the topic can be highlighted with the help of the statement that emphasizes that floating exchange rate is effective in implementing the monetary policy and ineffective or inefficient in implementing the fiscal policy whereas in case of the fixed exchange rate it is effective in implementing the fiscal policy and it is unable or incapable for formulating the monetary policy. In order to derive at the conclusion in ascertaining whether the floating rate has been able to control the inflow and outflow of cash it is required to consider various factors which includes the inflation rate, the credibility of the policy makers, the flexibility in the labour market, the size and the openness in the economy, maintaining of capital mobility and the extent of financial development. The main aim or the objective of floating exchange rate in controlling the inflow and the outflow of capital is reducing the volatility in the exchange rate and also maintaining the monetary stability in the economy (Arnold, 2008). The floating exchange rate generally considers the economic and financial structure and policies in the economy and the intervention of the central bank in the foreign exchange market either dealing in the spot market or dealing in the forward market for developing the regulation and reserves of the capital inflow and capital outflow. The floating exchange rate focuses on increasing the capital inflow and mitigating the excessive capital outflow. The balance of payment is considered as an important instrument for controlling and dealing with the related inflow and outflow of capital in the economy. Balance of payment is

Reflections of a Pencil Essay Example | Topics and Well Written Essays - 750 words - 1

Reflections of a Pencil - Essay Example Teaching is likened to a pencil†¦. funny though, the thought of me being stick thin with a rubber head!...but seriously, like a pencil, everything I do leaves a mark†¦an impression that can be read and emulated by my students. It is important for me to build their trust in me as establish a relationship with them more than just being their teacher. Engaging them in conversations outside the academic subject matter we share during class time and focusing on their own interests would make them feel that I am truly interested in them as persons and not just in the school performance they can give out as students. One example is attending their extra-curricular events. Reaching out to their parents would definitely be beneficial not only to them but also to me. I would get a peep into their home lives and a more holistic view of my students, so I could more appropriately customize my teaching to them. Maintaining good and regular communication with parents gives me a lifeline of support in understanding my students better. Being a good role model not only to the students I teach but to everyone else is a tall order for a fallible creature like me, but that is what is called for as a teacher. Especially to my students, I am to embody what is true and good, a wellspring of values virtues wherefrom the youth can drink to sustain them in the building a good character. Thinking about such a noble task, makes me realize just how far I am from that ideal. Like everyone else, I am still a work in progress and very prone to commit mistakes. I lose my cool, I tend to favor some students over the others, and I don’t do a thorough lesson plan. These mistakes I could correct and rectify just like the pencil as I have become when my trusty rubber head comes in to erase my failures to provide me with a clean slate that can help me start a-fresh.