Current Macroeconomic Situation in the USA Essay

Current Macroeconomic Situation in the USA - Essay Example The currency has not changed much in comparison to the Yen (OECD Publishing, 2012). The economic meltdown of 2008 greatly affected the prospects of the US economy and still hangs over the current economic situation. As a result, the current macroeconomic situation appropriately echoes the 2008 economic crisis in a highly significant manner. First is the aspect of slow growth where the American economy has been lethargic ever since the economy collapsed in 2008. Slow economic growth is currently prevailing in the United States, and economic development is occurring at a dawdling pace. It is estimated that the economy will grow at the rate of 2% through 2014. This is an indication that the economy will take more time to recover fully. Other predicaments affecting the economy of the United States include unemployment, inflation, and recession. Unemployment is at a very high level and is mainly caused by slow growth of the economy. As the economy takes more time to grow there are very fe w opportunities for employment, making it difficult to end the current problem of unemployment. Inflation is also a major problem affecting the US economy, which involves the incessant rise of prices of commodities. Inflation has partly been contributed by the current spate of economic stimulus programs, which have pumped a lot of funds into the economy with the aim of stimulating growth and creating job opportunities. Is the U.S. economy currently concerned about unemployment, inflation, and recession? The US economy is presently concerned about unemployment, inflation, and recession. These have been the principal factors affecting the economy ever since the 2008 economic meltdown (Leboeuf, 2012). The administration has injected trillions of money into the economy to stop the recession. There has been debate over the effectiveness of this strategy as to whether it will create inflation. At this position in time, America is experiencing age of "severity" an era of recession worst fr om the time of the "immense depression." In essence, recession is nastiest than inflation during this point of economy. Inflation and greed is an excellent thing for the economy to generate jobs to progress the economy when the economy is in a slump. Mr. Friedman counsel has stood the experiment of time with numerous Presidents inquiring about suggestions from him. America requires some type of "inflation" to provide the economy the thrust it need at this instance, certain the interest rates are low down, but Americans do not have the required assurance to either endow or spend to provide the economy the further it needs. America requires assurance at this time to twist the economy around. Americans as well need employments maybe the imminent election will modify the image we have at this occasion, numerous people are hoping. The US economy is primarily concerned about unemployment, which is a serious headache in the United States today. Slow economic growth is the chief reason for high unemployment cases. The US economic development has been very sluggish right from 2008 when the economy slipped. Job creation has been remarkably low in the United States creating a large population of individuals without jobs. Apart from concern over unemployment, the US economy is equally apprehensive about recession and inflation which as well have exerted a lot of pressure on the economy of

The Bond Market Research Paper Example | Topics and Well Written Essays - 1250 words

The Bond Market - Research Paper Example On the other hand, corporate debt refers to the property owned by a business, which can serve as an income distress absorber to a specific class of stakeholders. This paper intends to outline the issues that surround bond market in the current market. The U.S. Federal Reserve (â€Å"the Fed†) plays a progressively active role in the performance of the economy and financial markets with its numerous tools. How does Federal Reserve policy affect the bond market? Essentially, the Federal Reserve plays a key role in providing a monetary climate, which is intended in promoting economic stability and simultaneously maintaining consistent economic growth. The Federal Reserve strives to maintain the peaks and troughs at minimum levels. It is impertive3 to note that the Federal Reserve accomplishes their role through manipulation of two interest rate levels (Brett, 17). They include the Federal Funds rates and the Discount Rate. The Federal Funds rate refers to the rates banks charge e ach other to borrow reserves overnight while refers to rate the Federal charges for bank reserve borrowing. It is significant that, changes in both rates have a direct impact on the bond market, yield levels. It is imperative to note that, the corporate bonds always yield more than the government bonds. This is to account for the risk. The Federal Reserve plays a key role in influencing the bond market by controlling the prices and rates of bonds. This enhances controlling of the inflations rates. For instance, investors who buy bonds with a maturity period longer than a couple of years ago have augmented risk disclosure to the level of inflation and its attrition of prospect cash flow values (Brett, 15). However, the Federal Reserve moderates this situation by targeting the level of inflation because inflation expectations have bigger shock on the echelon of interest rates for prolonged maturity bonds than shorter outcome consequently, regulation of the bond market. For the case of bonds with long maturity number of years, the Federal Reserve endeavors to regulate inflation rates. This is because, the levels of inflation directly affects the inflation of expectations consequently increased level of interest rates for longer maturity bonds than shorter maturity bonds (Brett, 16). Fundamentally, the Federal Reserve directly controls the shorter maturity yield levels. The influence caused by the Federal Reserve on the interest rates consequently, significant change is indicated in the levels of yields. The yield curve normally represents the yield market levels. More over, Brett asserts that, the current bull market in bonds will only end if inflation rates rise. This implies that, the current economic status is sluggish and it is characterized by unemployment and high rate of inflation. Bibliography Brett Arends. Bonds- Heading from Bull Market to Bubble. The Journal of The Wall Street. 15.9 (2012): 15- 19. Print. What happens to interest rates as bond prices r ise? The bond markets are extremely active. The interest rates are constantly changing in response to numerous factors, which include changes in demand and supply of credit, market psychology, economic conditions, fiscal policy, Federal Reserve policy and exchange rates. It is significant to note that, as interest rates change, a consequent change in values of all bonds in the market place is expected. For instance, when, interest rates increase bonds with longer maturity periods are immensely affected compared with those

Assessing Development And Democracy In India Politics Essay

Assessing Development And Democracy In India Politics Essay A strong centred democracy has been at the heart of Indian nationalism since independence with its many languages, religions, ethnicities. In adopting the Westminster parliamentary system, India substituted the monarchy for an elected President and a legislative body consisting of a bicameral structure that includes a lower house the Lok Sabha  and  an upper house the Rajya Sabha  Ã‚  [2]  . India is now the worlds largest parliamentary democracy, some 714 million people were eligible to vote in last years election  [3]  . Members of the Lok Sabha are directly elected every five years with representation divided among Indias States, and seats apportioned  according to population. Members of the lower house the Rajya Sabha are indirectly elected by the legislative assemblies of the federal States and the President nominates twelve members to the Rajya Sabha based on distinguished reputations in the realm of the arts, sciences or public service  [4]  . The president is elected to office for a five year period by members of both houses. All citizens over the age of 18 years, regardless caste or religion are eligible to vote and turnout has stabilized at approximately 60%, which is particularly high by international standards  [5]  . Under Jawaharlal Nerhus (the first prime minster of India) nationalist ethos encompassing non alignment, socialism and secularism, the latter was the intended safe guard for religious minorities from majority rule. In an affront to the notion that democracy is a Western luxury that developing countries cannot afford  [6]  , Indias body politic has remained markedly stable since independence, a notable exception in post colonial states. It is also viewed as an anomaly because of its incredibly diversified social strata and its ability to continue functioning as a democracy (Kothari 2005). There is no distinction for basis of citizenship along ethnic, religious or caste lines nor has there been any religious qualification for holding office. There has not been any significant state intervention to abolish the caste system  [7]  , although untouchability was made illegal in the Constitution  [8]  the system has been left undisturbed. Independence and the adoption of democracy has however not resulted in any state-led political agenda of social reform, by in large society has been allowed to reform itself in a laissez faire way. A proportion of parliamentary seats and a percentage of public sector jobs were/are however reserved for members of  Other Backward Castes (OBCs), Scheduled Castes (SCs)  and  Scheduled Tribes (STs). This reserve falls under Positive Discrimination (PD)  [9]  . Bhimrao Ramji  Ambedkar (a member of the untouchable Mahar caste), provided the Dalits with their first real hope of transcending caste discrimination (Luce, 2007), ensuring that equality along caste lines was enshrined within the Constitution  [10]  . While caste disparity has not yet been alleviated in a substantial way, it has given the Dalits a feel for political mobility  [11]  . Constitutional provisions. As regards Indias post independence economic policy, it adopted a model of self-sufficiency and import substitution  [12]  . Influenced by the Soviet example of a mixed economy it turned its back on trade and foreign capital imports on the premise of being a self-sufficient industrialised nation  [13]  .This failed to take capitalize on Indias early start in modern industry  [14]  , with it rehashing many of the industries which were already in place but which, were in its view tainted by imperialism. As a result industry suffered (Bhagwati, Desai and Sen, 1997). Restrictions on interest rates, subsidies to inefficient industries, taxation on movement of agricultural commodities, and perks to labour etc., all resulted in slow growth and employment, and continued poverty and inequality. With slow growth of jobs in the private sector, government jobs became much sought after, a trend which has persisted even now (Luce, 2007). Elections then became the means to access the fruits of patronage, with plebeian groups organizing around their caste and regional identities. Thus it can be argued that the slow growth with a leaning towards elite jobs, and social conservatism has strengthened caste, regional and religious loyalties. With continued slow growth and poverty levels unabated discontent grew and protests mounted from tribal, dalit and lower caste groups, unhinging Indira Gandhi and leading to the Emergency. Amid mounting pressure over her failure to remove poverty Indira Gandhi suspended democracy in 1975 declaring a national state of emergenc y. The Emergency The mixed economy combined the worst features of capitalism and socialism (Das, 2006). Mrs. Gandhi called for a committed bureaucracy that would be openly socialist, this tainted the neutrality of the civil service and lead to a sharp increase in corruption. She was also responsible for nationalising the banks and insurance sectors, in the name of the poor she handed control of finance to an unreformed civil service. Indias banking system became wholly inefficient which drastically raised the cost of capital for everyone. At this time she also presided over unpopular large-scale sterilization as a national form of birth control and many fell victim to her large scale slum clearance programmes. The activism of associational groups during this time advances the argument that Indias civil society should be the engine for democratisation. With the Swadeshi model, Indias average per capita growth was half that of the developing world which was as a whole was almost 3% from 1950 to 1980 (D as, 2006). The protectionist and anti-foreign sentiment that drove it to the brink of bankruptcy just over a decade ago when it had only three weeks of foreign currency reserves in its coffers. Many of the leaders that ruled India after the British left in 1947, like Nehru and his daughter, Indira Gandhi, feared further influence of foreigners and established a practice of strict self-reliance, known as swadeshi. These governments subsidized many Indian industries, never allowing foreign companies to compete and thereby never allowing its own industries to excel. Such subsidies have long been a drain on the countrys economy, accounting for as much as 14 percent of its GDP. As a result of such protectionism and subsidies, many industries within India have remained stagnant. Indians are incredible farmers who could likely rival the U.S. in agricultural production. But the government doesnt allow people to own more than 18 acres. This is driving out many productive producers. The 1980s Following the election of the Janata party and the ousting of Indira Gandhi and emergency rule a new India emerged one which was no longer administered along old elite lines. Single party dominance was restored during the 1980s with the return of Congress to power. Mrs. Gandhi reinvented the Nehruvian vision maintaining the rhetoric of socialism but changing the content. Her time in office saw a relaxation of the economic self-sufficiency ethos and socialism or dirigisme was backed up by international borrowing. Economic institutions like permit-license Raj remained intact and there was no relaxation of domestic economic policy in parallel with foreign borrowing  [15]  , it did however lead to higher growth  [16]  . The Green Revolution was also now routinely yielding good harvests alleviating the necessity to import food  [17]  . With better prospects in the private sector the appeal of public sector jobs began to wane somewhat. Significantly secularism was increasingly compromised under Mrs. Gandhis populist accommodation of Hindu and Muslim orthodoxies. This created room for meeting the next explosion in subaltern demands which V P Singh tried to accommodate by undertaking to implement the Mandal recommendations. As India had not restructured its economy, its autarchic orientation continued and this meant that insufficient export income was generated to pay back the foreign debt. The economy crashed as it became unable to service its debt  [18]  . The liberalization reforms 1991 is a significant date in modern Indian history. It is difficult to gauge whether Indias political or economic conditions have changed more since that date. Under the balance-of-payments crisis of 1991, the Congress-led government pushed for greater economic transformation and reform. This heralded the end of the mixed economy, self sufficiency as a model was abandoned. Prime Minister Manmohan Singh (the then finance minister), argued that macroeconomic stabilization had to be reinforced by reforms to make the decision-making and operational environment of firms more market-based (Varshney, 2007). Indias growth and economic trajectory since the introduction of reforms is extraordinary not only because it has taken place in the context of a democracy but also in so far as it has adhered to a unique development model  [19]  . Its economy is based on domestic consumption rather than exports, is focused on services rather than low-cost manufacturing as was the case in many of the Asian Tiger economies, (despite Indias enormous low-cost labour reserve which would naturally lend itself to labour-intensive manufacturing)  [20]  . India has taken advantage of the skills of its educated middle-class in boosting its services sector which now accounts for more than half of its GDP  [21]  . In this regard the reforms have effected mainly an elite and the educated middle class. Growth hasnt been employment intensive on the whole, between 1993/94 and 2004/05 the rate of employment growth declined significantly to 1.85% from the previous 10 years when it went up a little over 2% on average. Similarly there has been a fall in the growth of real wage rates. Indias development model is now much more dependent on the corporate sector. It has been losing regulatory controls such as the license permit quota raj and has embraced international openness to a greater extent. The private sector has been the principal driver of growth. Indeed the most successful sectors have been those in which the government has been absent. Prosperous despite the state (Das) Nihelani. The economy grows while the government sleeps. With the ever increasing role of the private sector as the driver of Indian growth, there is an obvious requirement to balance the needs of the citizens with those of the private  business. The imperatives of economic liberalization and globalization require diminishing the role of government in overall national activity, posing a dilemma for New Delhi (Perkovich, 2003). While democracy provides the long-disadvantaged an opportunity to mobilize and compete for control of government, unregulated private markets do not, potentially i ntensifying political conflict (Perkovich, 2003). It is however the private sector that offer the greatest potential to create jobs and drive economic growth. Due to liberalisation, the Indian economy has improved dramatically. The reform process has registered a 6 percent average annual growth rate for nearly a quarter century Over the last three years, it has grown at over 8 percent annuallyIt is hard to escape the impression that market interests and democratic principles are uneasily aligned (Varshney, 2007). The opening up of Indias economy and the embracing of globalisation has proved irreversible  [22]  . Combined with the implementation of the recommendations of the Mandal Commission this period also heralded the demise of Congress hegemony, to the extent that coalition government has now become a pillar of Indian politics. One-party dominance is gone  [23]  . Rise of Plebeian Politics and Coalition Politics Indias body politic has moved from being dominated after independence by elite English-speaking urban, majority upper castes politicians to a now more plebeian political thrust. The social makeup of participation has moved distinctly downwards towards the rural lower castes. The turnout in villages is higher than in urban India  [24]  , the odds of a scheduled caste citizen voting were 2.3% higher than the national average. The greatest increase in voting has taken place in tribal constituencies (Varshney, 2000). In this way caste as well as religion, have materialized as the fundamental base of support in Indian politics. Caste groups are however often as bitterly divided amongst each other as much as they are with Brahmin and upper caste groupings  [25]  . OBC, SC ST parties total vote share is significantly lower than the Bharatiya Janata Party (BJP) or Congress, but they are enough to force through concessions in coalition government. Despite the disunity of political parties it is fair to say lower-caste politics are now a permanent fixture with preserving the existing system of patronage-based subsidies being the raison dà ªtre of many lower-caste political parties (Luce, 2009). In many ways the motivation for many SC/ST parties is not to abolish caste disparity but gain leverage over each other. Despite Ambedkars call for annihilation of the caste system, it has remained, and became further entrenched. Increased competition in electoral politics in which Dalit votes make a big dif ­ference has prompted both the BJP and Congress to woo the Dalit vote  [26]  . They are a minority in every state and in most command between 10% and 20% of the vote  [27]  . Indeed Dalits have formed successful political parties, such as the Bahujan Samaj Party (BSP), which is now in power in UP, and also have nationally known leaders, including UP Chief Minister, Mayawati, who it was suggested may even have been positioned as a potential Prime Minister  [28]  . It is fair to assert caste disparity is firmly embedded in the Indian body politic. India modernisation and liberalisation, have thus witnessed the country become less secular and more ethnically divided than before, entrenching caste and religious divisions instead of facilitating the demise of caste and communalism. India is an increasingly Hindu nationalist country as opposed to a secular socialist democratic republic. With this we have seen a clear increase in incidents of political and communal violence, most vividly played out in the caste wars in Bihar, Hindu Muslim violence in 1992/1993  [29]  and again in Gujarat in 2002  [30]  . The overarching ideology of Hindu nationalism poses a new challenge. Nehrus vision of secularism, socialism and non-alignment is now on its last legs, if not dead already, while the BJP Hindutva vision is gaining more and more momentum  [31]  . BJP vision. INDIAS DEVELOPMENT MODEL DEMOCRACY Development is by definition and practice a radical and commonly turbulent process that is concerned with far-reaching and rapid change in the structure and use of wealth, and which-to be successful it must transform. (Leftwich, 2002) Democratic politics as it is now in India is that of compromise, it is consensual, conservative and incremental in the change it brings about (Leftwich, 2002). Indias has not adopted the same development of those in its neighbourhood the Asian Tigers  [32]  . While India is a democracy the Asian tigers development all had either autocratic or very restrictive political systems in place. None of them had labour rights or labour rights were very restrictive  [33]  , free trade unions  [34]  or a free press  [35]  . It is worth noting also that unlike India on the whole the Asian Tigers have a far more homogenous population  [36]  . Some scholars argue that democracy is needed to keep a multi-ethnic, multi-lingual, multi-cultural and multi-religious country like India intact (Desai). Indias rapid economic growth in the context of a democracy is on the whole without parallel. Evans (2001), however warns against any assumed symbiotic relationship between democracy and human rights. While democracy can endorse equitable development, the goals of democracy and equity should be considered largely independent. Deficiencies in accountability and checks and balances have led to many democracies degenerating into havens of corruption, where the powerful always triumph  [37]  (Eapen 2004). Indeed the relationship between democracy and development is often problematic, in this sense developing countries often accuse proponents of democracy of placing the democratic cart before the economic horse (Mahbabani , 1992). Leftwich (2002) argues that democracies have great difficulty in taking rapid and far reaching steps to reduce structural inequalities in wealth, whether they be based on class, colour, ethnicity, religion or a combination of them. The objectives of competing groups in a developing country like India are often simply to capture public resources and engage in destructive types of corruption and accumulation to enrich their faction (Khan 2002). As we have seen with the upsurge in plebeian politics in India, by legitimising and intensifying contestation between essentially unproductive groups, democracy can make destructive rent-seeking worse (Khan 2002). This can also be applied to India as discussed with patronage being the rainson detre for many caste groups, and the rise of Mayawati for example, using her power to increase her own faction. Indias experience also illustrates that democracy has encumbered development in a number of ways. Short term pandering and handouts to the electorate has impeded long-term investment, particularly in physical infrastructure, which has been to the determent of Indian economic growth development  [38]  (Bardhan, 2006). To the disgruntlement of international financial institutions and credit rating agencies, Indias treasury maintains considerable budget deficits, in the certain knowledge that holding back in government spending could end a coalition(). Neither can democratic systems such as India push thru economically beneficial legislation amid rival parties jocking interests, in the way that autocratic regimes can, particularly pertinent in Indias case (). Nor does India have the option of engaging in policy experimentation open to it, in the way that China has done, as the risk of the consequences of failure at the ballet box are too great. Democratic incumbency is another significant drawback to Indian development  [39]  . Elections have become Indias institutionalized political common sense (Varshney 2005). Essentially no one party remains long enough in power to follow through on policy reform and implementation. Singh was voted out at the beginning of the Early 2000s, the BJP came in and now Singh is back and the threat of being ejected from government makes it worse. Coalition further exasperates this difficulty. The same is the case with corruption and the crime/politics nexus (Desai, 2002 Luce, 2007)  [40]  . The importance of openness in democratic politics is apparent when considering Sens argument that democracy, because it circulates information better, has been more successful in the prevention of famines in India  [41]  . The study is frequently considered in looking at the advantages of democratic systems more generally. Sen argues that democracies allow the poor to penalize or vote out governments that allow famines to occur thus placing a greater impetuous on political representatives to prevent the root cause. He also argues that democracies are better than autocracies at disseminating information from underprivileged and isolated to the central government, owing to political rights such as the freedom of the press and freedom of speech. The level of literacy is fundamental to this argument however, and literacy rates in India are relatively poor. Also highly significant is to who the journalistic discourse appeals to. In India the media generally addresses the upper class and educated middleclass, as the vast majority of the poor and most marginalized are illiterate. It can be argued too that with this same section of Indian society, whom the media primarily address are those who are reaping the rewards of Indias economic prosperity, and who are thus to a large extent placated. The discontent expressed within the media may well be falling on deaf ears  [42]  . Bhagwati (199%) reminds us that it is the views that are expressed, be they those of the rulers or the ruled that is of paramount importance over the actual freedom of the press. Conclusion India certainly affords its citizens more freedoms than China, but it is hardly a liberal democratic paradise (Crossette 2010). Democracy have been the putty that has held India together  [43]  (Desai ). It is however erroneous to equate a multi party democracy political system with high quality institutions. Politics in India has become more consensual and less elitist but at the same time more corrupt and self-serving. Coalition and patronage politics of social factions have combined to make government expenditure a variable outside political control. Castes and religious divisions are used like pawns in the electoral game. Political power is the route to the rewards of patronage for communities which have little chance in the liberal market order for economic gain. By resorting to political patronage, caste disparity has become further entrenched. No major observer denies that India is a democracy, but particularly in states like Bihar where corruption, criminality, murder, and kidnapping heavily taint the electoral process, it is an illiberal and degraded one  [44]  . The decline of secularism and socialism, the rise of liberalism and religiosity, the persistence of nationalism as a force. BJP. On the other side Congress, has pledged it will pursue inclusive growth, clarifying that inclusion will come when growth rates remain sustained at a high level and as long as it takes to make the laudable goal feasible of public expenditure on education, health and welfare. Their strategy operates on the premise that inclusion is an end goal and cannot happen simultaneously with the growth process. The worlds largest free market democracy. Indias economic growth in the context of a democracy is on the whole unprecedented. But it is increasingly questionable as to whether democracy is the variable in Indias strategy to sustain economic growth and development? Opening up to the free market has sharpened marginalisation and inequality, certainly in Indias case the structures of political power, are being propped up by corporate tycoons and powerful lobbies, the risk being this leads to the democratic political process being hijacked and corrupted. Thus the imperatives of democracy and development  require that civil society have to remain constantly alert. Very much a trickle down, rising tide lifts all boats model as opposed to a bottom-up mechanism. Only about 10 percent of Indians have benefited from all that development and progress. Indias development has no meaning for the vast majority of Indians. It is instructive to take note of the issues that the GOI attempts to deal with, the methods they use to address them and the problems they choose to ignore. Governments have chosen to consistently act with deliberation and resolve to support the cause of economic powerhouses. In many cases these have caused direct conflict with often some of the most vulnerable communities. Often the state chooses to be oblivious of the constitutional rights of these communities in its policies and their implementation. Through policies that consistently choose to represent economic interests even at the cost of constitutional rights, the democratic Indian State is losing its credibility. Indias development drive has called into question the credibility of Indian democracy. Crucially Schedler draws a distinction between electoral democracy and electoral authoritarianism based crucially on the freedom, fairness, inclusiveness, and meaningfulness of elections (Schedler, 1998 Diamond, 2002).

Procrastination Abstract Essay

Studies show that most students are academic procrastinators, they tend to wait for the last moment before submitting or finishing their school related tasks.   Analysts divided these students into two groups, the positive procrastinators and the negative procrastinators.   Positive procrastinators are those students who wait for the last moment to submit a work because they feel that the pressure of waiting for the last minute to do their work gives brings them enjoyment and makes them more productive, while negative procrastinators wait for the last minute because they are lazy or they lack the motivation. Contemporary analysts believe that most students belong to the latter.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The position of modern day behavioral analysts is erroneous.   Positive procrastination among students is the norm not the exception. Contrary to the common notion that negative procrastination is prevalent among the student population, the truth of the matter is that students are more prone to positive procrastination.   Procrastination among students is more attributed to their belief that they perform better under pressure rather than their laziness or lack of focus.

Portland State University Acceptance Rate, SAT/ACT Scores, GPA

Portland State University is public university with an acceptance rate of 90%. Established in 1946 to accommodate veterans returning from World War II, Portland State is located on a 49-acre campus in downtown Portland, Oregon. At the undergraduate level, Portland State students can choose from 120 bachelors degree programs. Popular undergraduate majors include psychology, biology, computer science, and accounting. The university has an 18-to-1  student/faculty ratio. In athletics, the Portland State Vikings compete in the NCAA Division I  Big Sky Conference  for most sports. Considering applying to Portland State University? Here are the admissions statistics you should know, including average SAT/ACT scores and GPAs of admitted students. Acceptance Rate During the 2017-18 admissions cycle, Portland State University had an acceptance rate of 90%. This means that for every 100 students who applied, 90 students were admitted, making PSUs admissions process less competitive. Admissions Statistics (2017-18) Number of Applicants 6,743 Percent Admitted 90% Percent Admitted Who Enrolled (Yield) 31% SAT Scores and Requirements Portland State University requires that most applicants submit either SAT or ACT scores. Applicants who have not attended high school for three years or more are not required to submit SAT or ACT scores. During the 2017-18 admissions cycle, 43% of admitted students submitted SAT scores. SAT Range (Admitted Students) Section 25th Percentile 75th Percentile ERW 510 630 Math 500 600 ERW=Evidence-Based Reading and Writing This admissions data tells us that most of Portland States admitted students fall within the top 35% nationally on the SAT. For the evidence-based reading and writing section, 50% of students admitted to PSU scored between 510 and 630, while 25% scored below 510 and 25% scored above 630. On the math section, 50% of admitted students scored between 500 and 600, while 25% scored below 500 and 25% scored above 600. Applicants with a composite SAT score of 1230 or higher will have particularly competitive chances at Portland State University. Requirements Portland State requires the optional SAT writing section. Note that Portland State University does not supersocre SAT results; your highest composite SAT score will be considered. ACT Scores and Requirements Portland State University requires that most applicants submit either SAT or ACT scores. Applicants who have not attended high school for three years or more are not required to submit SAT or ACT scores. During the 2017-18 admissions cycle, 36% of admitted students submitted ACT scores. ACT Range (Admitted Students) Section 25th Percentile 75th Percentile English 18 25 Math 17 25 Composite 18 25 This admissions data tells us that most of Portland State Universitys admitted students fall within the bottom 40% nationally on the ACT. The middle 50% of students admitted to PSU received a composite ACT score between 18 and 25, while 25% scored above 25 and 25% scored below 18. Requirements Note that Portland State does not supersocre ACT results; your highest composite ACT score will be considered. Portland State University requires the ACT writing section GPA In 2018, the average high school GPA of Portland State Universitys incoming freshmen class was 3.46, and nearly half of incoming students had average GPAs of 3.5 and above. These results suggest that most successful applicants to Portland State University have primarily high B grades. Self-Reported GPA/SAT/ACT Graph Portland State University Applicants Self-Reported GPA/SAT/ACT Graph. Data courtesy of Cappex. The admissions data in the graph is self-reported by applicants to Portland State University. GPAs are unweighted. Find out how you compare to accepted students, see the real-time graph, and calculate your chances of getting in with a free Cappex account. Admissions Chances Portland State University, which accepts 90% of applicants, has a less selective admissions process. If your SAT/ACT scores and GPA fall within the schools required minimums, you have a strong chance of being accepted. Students with a GPA of 3.0 or above in core courses including four years of English, three years of math, three years of social studies, three years of natural science (one year with a lab is recommended), and two years of the same foreign language have a strong chance of admission. Freshman applicants who do not meet the minimum 3.00 GPA are considered for admission based on a combination of GPA and test scores. In the graph above, the green and blue dots represent students who were accepted to Portland State University. The great majority had a high school GPA of 3.0 (a B) or better, a combined SAT score (ERWM) of 950 or higher, and an ACT composite score of 18 or higher. You can see that a significant number of admitted students had grades in the A range. If You Like Portland State University, You May Also Like These Schools University of PortlandOregon State UniversityUniversity of Washington - SeattleSan Francisco State UniversityBoise State UniversityReed CollegeArizona State UniversityLewis Clark CollegeUniversity of OregonSeattle Pacific University All admissions data has been sourced from the National Center for Education Statistics and Portland State University Undergraduate Admissions Office.

What Is a Blue Book

A blue book is literally a book with about 20 lined pages that college, graduate, and sometimes high school students use to answer test questions. More specifically, a blue book refers to the type of exams that require students to use these books to complete the test. Blue books generally require students to answer open-ended questions or a list of topics to choose from with written answers that vary from between a paragraph to an essay-length response. Fast Facts: Blue Books Blue books originated at Butler University in Indianapolis in the late 1920s. They feature blue covers and white pages because Butler’s colors are blue and white.Blue books can cost as little as a quarter a piece. Their covers often include a title such as, Blue Book: Examination Book, as well as blank spaces for the students name, subject, class, section, instructor, and date. What to Expect Blue book exams generally are given in courses that involve the social sciences or English, such as classes on political science, economics, history, or English literature. Blue book exams can be a bit intimidating. The professor usually walks in and hands out a single sheet or two containing questions that students are expected to answer. Sometimes students are given two to four specific questions; in other cases, the professor breaks the exam up into about three sections, each containing a list of two or three questions from which the students can select. For answers to gain full, or even partial, credit, students are expected to craft a clearly and correctly written paragraph or essay that accurately answers the question or questions. A sample question for a blue book exam in an American history or a government class might read: Describe the influence of the Jeffersonian-Hamiltonian strains of thinking on American political thought through the decades and centuries. Just as if they were writing an essay outside of class, students would be expected to create a clear and compelling introduction, three or four paragraphs for the body of the essay that contain well-referenced supporting facts, and a well-written concluding paragraph. In some graduate or professional schools, however, a blue book exam taker might fill up the entire blue book during the course of a single exam. Since a blue book test might contain several such essays, students cannot simply bring a bunch of loose notebook paper that might easily get mixed up or mixed in with the papers of dozens of students handing in their exams. Purchasing Blue Books Blue books can cost as little as quarter up to $1 or more depending on where you purchase them. Students generally buy blue books at college bookstores, stationery supply stores, and even at some big-box stores. Students nearly always bring their own blue books to exams. Professors rarely hand out blue books to students, except at the high school level. You can easily recognize blue books, which often have a title on the cover such as, Blue Book: Examination Book, as well as spaces for the students name, subject, class, section, instructor, and date. The section is listed because some college classes have several sections and providing a section number ensures that the completed booklets get to the right instructor and correct class. Why Colleges Use Blue Books Blue books are the main method professors use to administer written tests, though some universities are trying to do away with them. The exam books are convenient for professors. Certainly, students could bring a few sheets of notebook paper to class for exams. But that would increase the number of items each professor would have to organize and track. With blue books, the professor has only one book to handle from each student. With loose-leaf notebook paper, a professor might have to handle three or four pieces of paper, or many more, from each student. Even if each student stapled the loose-leaf paper, its easy for a page or two to become detached, leaving the professor scrambling to determine which loose page goes with which exam, often from among dozens of tests. And since blue books have blank spaces on the cover for the students name, subject, class, section, instructor, and date, a professor can find all the relevant information about each student in the same location on each book. Many schools are opting for different colors than blue for their exam books. Blue books at Smith College are yellow, and at Exeter they occasionally come in white. Ten to 15 other colleges spice things up with a rotating color scheme, notes Sarah Marberg in her article Why Blue Books Are Blue, in the Yale News. Additionally, such schools as the University of North Carolina at Chapel Hill are trying to replace blue books and allow students to take exams on computers and computer tablets, but that requires spending thousands of dollars for special software that restricts students ability to surf the web looking for answers. History of Exam Books The beginning of blank, bound examination booklets is a bit sketchy, according to a paper published on Research Gate, a website for scientists. Harvard began requiring written exams during the early 1850s for some classes, and in 1857, the institution started requiring written tests in nearly all areas of study. Harvard often provided students with blank exam books because paper was still expensive at the time. The idea of using exam booklets spread to other universities; Yale started using them in 1865, followed by Notre Dame in the mid-1880s. Other colleges made the shift, and by 1900, exam booklets were widely used at institutions of higher learning across the country. Blue books and blue book exams, specifically, originated at Butler University in Indianapolis in the late 1920s, according to ï » ¿University of Virginia Magazine. They were first printed by Lesh Paper Co., and they were given their distinct blue covers because Butler’s colors are blue and white, according to the UVA publication. Colleges and universities have used the distinctive blue books ever since.

The Beginning of the Slave Trade Essay example - 560 Words

Under what circumstances did the slave trade begin? After the Bantu people migrated to numerous sections in Africa, this particular movement set the spread of agriculture in motion. From the 15th to the 19th century, the Europeans looked to Africa as a work force (slaves) to nurture their farms in the western hemisphere. As mentioned in our text, Traditions and encounters, â€Å"In exchange for slaves, African peoples received European manufactured products†¦.† (p. 424). Furthermore, the Africans had experience in agriculture, which made the land profitable. How did the Islamic Slave Trade change the existing system? The Islamic slave trade involved taking slaves forcibly from Africa. The Muslim merchants were capturing slaves rather than†¦show more content†¦Our text, Traditions and encounters, explain that â€Å"By 1460, five hundred slaves were delivered per year to Portugal and Spain, where the slaves worked as miners, porters, and domestic servants† (p. 425). Describe the experience of the Middle Passage. What effect did it have on the captured Africans? The middle passage was an area where slaves were detained until they were transported to countries across the Atlantic. The middle passage was the most horrific journey of the slave trade. According to our text, Traditions and encounters, â€Å"The captured slaves traveled in overcrowded sections and the conditions were so awful it caused misery and suffering to many slaves on board† (p.426). Indeed, the setting on the middle passage displayed inhuman conditions. What impact did slave trade have on Africa and the Western world? Clearly, the slave trade had a devastating effect on Arica as a whole. The slave trade process had a negative outcome in their community. The aggressive removals of the slaves caused social and political trouble all through the African nation. â€Å"Since Africa suffered serious losses, the slave trade brought turmoil to their society† (p. 428). 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