Explain what is implied by the assumption that decision-makers are Essa

Explain what is implied by the assumption that decision-makers are rational? How is the assumption of rationality used in the economic analysis of individual behaviour? In many academic disciplines much is spoken about rationality and rational choices. Economists generally refer to 'rational' choices and that individuals in economic theory are rational. By rational we mean people choose options which they perceive to be the best, given the circumstances they are in. In terms of making rational choices some of the conceivable options for example of going to work would be:  · Actually going to work.  · Staying at home  · Going out shopping  · Buying a house  · Fly to the moon etc. But with these choices we face constraints and it is these constraints that define our 'feasible' options so flying to the moon would not be a feasible option. Therefore the options we can choose from is called the 'feasible set' and it is our preferences i.e. our likes and dislikes and their relative intensity, which determines which feasible option we choose. When we make a choice it generates 'utility' which is a measure of the emotional experience associated with the outcome of a choice so basically the satisfaction from the consumption of a good. We talk about 'total utility' meaning the total satisfaction a person gains from all units of a commodity consumed within a time period. We also use the term 'marginal utility' which is additional satisfaction gained from consuming one extra unit within a time period. There is a general model of rational choice where economists assume that agents such as decision makers will firstly identify a feasible set of options and then assess the expected utility of each option ... ...tility and therefore the amount of meals must decrease to keep the utility constant. Due to the fact that the consumer will prefer more to less the curve must slope downwards. The slope of each curve does get steadily flatter as we move to the right due to the assumption of a diminishing marginal rate of substitution. For example in this case at point A the consumer will sacrifice a lot of films for few meals because he/she has so many films. Whereas point B he/she has less films relative to meals so willing to sacrifice a smaller amount of films for additional meals. However this kind of economic analysis is based on rational behaviour of consumers. It does not take into account people with maybe addictions such as smokers or people under the influence of alcohol or drugs. In economics we assume rational thinking and behaviour will always take place.

Music Appreciation Unit One Lab Questions

1.Describe some of the influence of Latin music in the US in the early part of the twentieth century. In the early part of the twentieth century, Latin music influenced the creation of a new type of music, Afro-Cuban Jazz.2.What was the significance of â€Å"Machito and His Afro-Cubans†? â€Å"Machito and His Afro-Cubans† created the genre of Afro-Cuban Jazz and created a bridge between the two cultures, and found success with white people.3.How did Dizzy Gillespie incorporate Latin music into his music? Dizzy Gillespie invited a player from Cuba named Chano, and the two of them worked together.4.What was the Palladium?Palladium was located in mid-town Manhattan. It was a former dance studio, but it was transformed into the home of the Mambo.5.How did the television and films increase the exposure of the US to Latin music? The television and films increased the exposure of the US to Latin music, because it allowed the public to slowly become familiarized with it. Televi sion shows like â€Å"I Love Lucy† showed that white women and Cuban men could be together. Due to the fact that the men were Cuban, they also played their music on the show as well. 6.How did Latin music influence rock music?Latin music influenced rock music they both had the same chord progression, bass lines and rhythms. 7.Why do you think Latin music had such a great influence on the development of popular music? I believe that the reason why Latin Music had such a great influence on the development of popular music, is because it was new, and its upbeat rhythms made it easy to listen to and encouraged people to dance and have a great time. 8.Do you think that any of the music that you listen to has Latin influences? Why or why not? Yes, I do believe that Latin music has influenced the music I listen to. I listen to Latin artists such as Pitbull, and I enjoy his music very much. At the same time, I listen to a lot of upbeat rhythm songs that have somewhat of a Latin feel to them.

The Prevalence Of Childhood Obesity - 1678 Words

The prevalence of childhood obesity has remained a serious matter in the United States over the years despite its recent decline (Centers for Disease Control and Prevention, 2015). Children who are obese can experience the same devastating health effects as adults who are obese – cardiovascular issues, diabetes, breathing problems, and so forth. In addition, children who are obese are more than likely to become obese as adults, therefore the development of a health fair that would highlight increased physical activity, increased in consumption of fruits and vegetables, and decrease in the amount of sugar sweetened beverages would be a start in tackling this problem. This single solution may not help reduce rates of childhood obesity in the United States by itself, but public policy action is essential (Robbins, Niederdeppe, Lundell, Meyerson, 2013). A cross-sectional study performed from July 2013 to October 2014 displayed a comparison in the trends since an implementation of a policy – specifically a competitive food and beverage policy (Sanchez-Vaznaugh, Sà ¡nchez, Crawford, Egerter, 2015). The objective was to determine if there was an association between this policy and population-level trends in childhood overweight/obesity. Having a health fair would help push the message out. In another study, the effects of messages describing consequences of childhood obesity was collected from two nationally representative internet based surveys (Gollust, Niederdeppe, Barry,Show MoreRelatedChildhood Obesity : The Prevalence Of Obesity1525 Words   |  7 PagesIn recent years, the world’s prevalence of obesity in children has increased alarmingly in most of the countries. It is estimated that 170 million of children under 18 years old are overweight, in the US there is a 30% prevalence of obesity, similarly 27% of children in Mexico are obese (OCDE, 2014; Gutià ©rrez et al., 2012). In some countries like East Germany, New Zealand, the Netherlands and Canada the prevalence of overweight children had risen by one percentage point each year (Wang LobesteinRead MoreThe Prevalence Of Childhood Obesity Essay1860 Words   |  8 PagesThe prevalence of childhood obesity in the United States has greatly increased in the past two to three decades 1, while incidence of obesity has doubled worldwide since 1980 2. Today, the World Health Organization (WHO) estimates over 170 million children and adolescents worldwide are overweight. Particularly in the United States, prevalence of obesity in children has increased from 13.9% in 1999 to 31.8% in 2010 3. After nearly two decades of increase, the rates have started to plateau 4. ThresholdsRead MoreThe Importance Of Childhood Obesity In Canada1072 Words   |  5 PagesThe prevalence of childhood obesity is growing at a frightening rate. By definition, children ages 2-17 years of age that are at, or above the 95th percentile for BMI are obese (Centers for Disease Control and Prevention, 2017). On the global scale, Canada is ranked eleventh highest for childhood obesity (OECD, 2014) with more than one in four children in Canada being obese (Public Health Agency of Canada, 2012). 31.5% of Canadian children aged 5 to 17 were overweight (19.8%) or obe se (11.7%) inRead MoreEssay on Childhood Obesity1599 Words   |  7 PagesChildhood obesity is one of the most serious public health challenges of the 21st century. The problem is global and is steadily affecting many low- and middle-income families particularly in the United States. The socioeconomic status of these families contributes to the childhood obesity epidemic. Summary of Article 1 The article, â€Å"Beliefs about the Role of Parenting in Feeding and Childhood Obesity among Mothers of Lower Socioeconomic Status† is a study that was conducted by Alison KalinowskiRead MoreThe World Health Organization (Who, 2016) Has Recognized1510 Words   |  7 Pages The World Health Organization (WHO, 2016) has recognized childhood obesity as one of the most significant public health issues of the 21st century. In 2011-2014, the prevalence of obesity among children living in the United States aged 2-19 was 17% (Ogden, Carroll, Fryar, Flegal, 2015). While this percentage has stabilized in the past 10 years, millions of children are affected by this disease and at risk for chronic comorbities (Shapiro, Arevalo, Tolentino, Machuca, Applebaum, 2014). UnfortunatelyRead MoreSurgeon General Project: Childhoudd Obesity1734 Words   |  7 PagesSURGEON GENERAL PROJECT Childhood Obesity Over the last few decades the prevalence of obesity in children and adolescents has been steadily increasing in the United States drawing immediate concern for the coming generations and the overall health and well-being for society. While addressing this concern, a matter of significance has to be reviewed to undoubtedly warrant the attention of the nation and propose factors of government, community, organizational, and individual involvement. AccordingRead MoreChildhood Obesity Is A National Epidemic1406 Words   |  6 PagesChildhood obesity is a national epidemic. Nearly 1 in 3 children (ages 2-19) in the United States is overweight or obese, putting them at risk for serious health problems. Studies show that overweight kids are likely to become overweight and obese adults. This is a significant issue in the U.S. and needs to be monitored closely. Some parents are in denial that their children are obese and do not do anything to help or prevent it. When obesity is a problem at a young age it is very easy to have, itRead MorePrevalence Of Overweight And Obesity Essay1249 Words   |  5 PagesThe aim of this study was to investigate the prevalence of overweight/obesity among parents of children entering childhood obesity treatment and to evaluate changes in the parents’ weight during their child’s treatment (Trier, 2016). The study included the parents of 1,125 children and adolescents (aged 3-22) who were enrolled in a children obesity treatment program. They began by taking the heights and weights of the children and the BMI scores were calculated. After 2.5 years of treatment, theRead MorePreventing Chilhood Obesity : Parenting Programme For Early Years1073 Words   |  5 PagesCHILHOOD OBESITY – PARENTING PROGRAMME FOR EARLY YEARS BACKGROUND Obesity, defined as ‘an excessive amount of body fat relative to body weight’ (Heyward, 2010, p.232) has reached global epidemic proportions and it is the fifth leading risk for global deaths with 2.8 million adults dying every year (World Health Organization, 2013). In addition, worldwide, more than 40 million children under the age of 5 were overweight in 2011 (World Health Organization, 2013a). Consequently, childhood obesity is becomingRead MoreReduced Energy Expenditure And Prevalence Obesity Rates Among Children928 Words   |  4 Pagesexpenditure has contributed to prevalence obesity rates among children. Demographic and epidemiologic analysis alone do not account for the high rates in childhood obesity. These analysis help provide a clearer understanding of why obesity is a national epidemic. It is significant as public health officials to know that there are substantial racial differences in obesity among young kids and teenagers in the United States. Among Hispanics for instance, the incidence of obesity was higher in 2011-2012