FSE 100 Extra Credit (20 points) Instructions: Read the description below and work through the design process to build an automated waste sorting system. Turn in the following deliverables in one document, typed: 1. Problem Statement – 1 point 2. Technical System Requirements (at least 3 complete sentences using “shall”) – 3 points 3. Judging Criteria (at least 3, explain why you chose them) – 2 points 4. AHP – 2 points 5. Summaries of your 3 design options (paragraph minimum for each option) – 3 points 6. Design Decision Matrix – 3 points 7. Orthographic Drawing of your final design (3 projections required) – 3 points 8. Activity Diagram of how your sorter functions – 3 points Description: The city of Tempe waste management has notified ASU that due to the exceptional effort the Sundevil students have made in the sustainability area, ASU has been contributing three times the amount of recyclable materials than what was predicted on a monthly basis. Unfortunately, due to the immense amount of materials being delivered, the city of Tempe waste management has asked for assistance from ASU prior to picking up the recyclable waste. They have requested that ASU implement an automated waste sorting system that would pre-filter all the materials so the city of Tempe can collect the materials based on one of three types and process the waste much faster. ASU has hired you to design an automated sorter, but due to the unexpected nature of this request, ASU prefers that this design be as simple and inexpensive to build as possible. The city of Tempe would like to have the waste categorized as either glass, plastic, or metal. Paper will not be considered in this design. Any glass that is sorted in your device needs to stay intact, and not break. Very few people will be able to monitor this device as it sorts, so it must be able to sort the items with no input from a user, as quickly as possible. This design cannot exceed 2m in length, width, or height, but the weight is unlimited. ASU is not giving any guidance as to the materials you can use, so you are free to shop for whatever you’d like, but keep in mind, the final cost of this device must be as inexpensive as possible. Submit through Blackboard or print out your document and turn it in to me no later than the date shown on Blackboard.

FSE 100 Extra Credit (20 points) Instructions: Read the description below and work through the design process to build an automated waste sorting system. Turn in the following deliverables in one document, typed: 1. Problem Statement – 1 point 2. Technical System Requirements (at least 3 complete sentences using “shall”) – 3 points 3. Judging Criteria (at least 3, explain why you chose them) – 2 points 4. AHP – 2 points 5. Summaries of your 3 design options (paragraph minimum for each option) – 3 points 6. Design Decision Matrix – 3 points 7. Orthographic Drawing of your final design (3 projections required) – 3 points 8. Activity Diagram of how your sorter functions – 3 points Description: The city of Tempe waste management has notified ASU that due to the exceptional effort the Sundevil students have made in the sustainability area, ASU has been contributing three times the amount of recyclable materials than what was predicted on a monthly basis. Unfortunately, due to the immense amount of materials being delivered, the city of Tempe waste management has asked for assistance from ASU prior to picking up the recyclable waste. They have requested that ASU implement an automated waste sorting system that would pre-filter all the materials so the city of Tempe can collect the materials based on one of three types and process the waste much faster. ASU has hired you to design an automated sorter, but due to the unexpected nature of this request, ASU prefers that this design be as simple and inexpensive to build as possible. The city of Tempe would like to have the waste categorized as either glass, plastic, or metal. Paper will not be considered in this design. Any glass that is sorted in your device needs to stay intact, and not break. Very few people will be able to monitor this device as it sorts, so it must be able to sort the items with no input from a user, as quickly as possible. This design cannot exceed 2m in length, width, or height, but the weight is unlimited. ASU is not giving any guidance as to the materials you can use, so you are free to shop for whatever you’d like, but keep in mind, the final cost of this device must be as inexpensive as possible. Submit through Blackboard or print out your document and turn it in to me no later than the date shown on Blackboard.

  Problem statement      ASU has been contributing three … Read More...
Initial Data Collection After implementing your intervention/innovation, you may have noted that data collection isn’t exactly a linear process. Sometimes you need to go back and get more information, and sometimes you find yourself asking additional questions (that’s ok). In Chapter 6, Fichtman Dana and Yendol-Hoppey provide four steps to data analysis: 1. providing a description of the data; 2. making sense of what you have (and don’t have); 3. interpreting your data by creating statements about how the data informs an answer to the original question; 4. implications of the data. For this assignment, please develop responses to the first two steps using the following points as your guide: ● Please describe the data you’ve collected. ○ What did you see as you inquired? What was happening? ○ What are your initial insights into the data? ● Next, please explain how you have organized your data (“chronologically, by key events, or some combination of organizing units?”). ○ Have you provided the reader with evidence that you’ve looked at your inquiry from a number of angles and have collected trustworthy data? ○ Have you provided evidence of data triangulation? ○ What further questions do you have after your initial data collection? ○ How will you collect more information to satisfy your next questions? Assignment: Initial Data Collection (Due Week 2 Sunday, 11:59 p.m.) After implementing your intervention/innovation, you may have noted that data collection isn’t exactly a linear process. Sometimes you need to go back and get more information, and sometimes you find yourself asking additional questions (that’s ok). In Chapter 6, Fichtman Dana and Yendol-Hoppey provide four steps to data analysis: 1. providing a description of the data; 2. making sense of what you have (and don’t have); 3. interpreting your data by creating statements about how the data informs an answer to the original question; 4. implications of the data. For this assignment, please develop responses to the first two steps using the following points as your guide: ● Please describe the data you’ve collected. ○ What did you see as you inquired? What was happening? ○ What are your initial insights into the data? ● Next, please explain how you have organized your data (“chronologically, by key events, or some combination of organizing units?”). ○ Have you provided the reader with evidence that you’ve looked at your inquiry from a number of angles and have collected trustworthy data? ○ Have you provided evidence of data triangulation? ○ What further questions do you have after your initial data collection? ○ How will you collect more information to satisfy your next questions? Module 2 – Data Collection, Part 2 Module 2 continues to examine the data you are collecting with respect to issues of validity, reliability, trustworthiness, and sufficiency. Please continue to collect data relevant to your inquiry and begin to think about how you will code this data into meaningful organizing principles. Be sure to continuously write memos about your process as a sort of idea journal that you can continually draw from when writing your assignments. Required Readings: Dana, N. F. & Yendol-Hoppey, D. – Revisit Chapter 6 Assignments: For assignment details refer to the “Assignments for the Course” section in this syllabus or the submission link within Blackboard. Assignment: Initial Data Collection (Due Week 2 Sunday, 11:59 p.m.)

Initial Data Collection After implementing your intervention/innovation, you may have noted that data collection isn’t exactly a linear process. Sometimes you need to go back and get more information, and sometimes you find yourself asking additional questions (that’s ok). In Chapter 6, Fichtman Dana and Yendol-Hoppey provide four steps to data analysis: 1. providing a description of the data; 2. making sense of what you have (and don’t have); 3. interpreting your data by creating statements about how the data informs an answer to the original question; 4. implications of the data. For this assignment, please develop responses to the first two steps using the following points as your guide: ● Please describe the data you’ve collected. ○ What did you see as you inquired? What was happening? ○ What are your initial insights into the data? ● Next, please explain how you have organized your data (“chronologically, by key events, or some combination of organizing units?”). ○ Have you provided the reader with evidence that you’ve looked at your inquiry from a number of angles and have collected trustworthy data? ○ Have you provided evidence of data triangulation? ○ What further questions do you have after your initial data collection? ○ How will you collect more information to satisfy your next questions? Assignment: Initial Data Collection (Due Week 2 Sunday, 11:59 p.m.) After implementing your intervention/innovation, you may have noted that data collection isn’t exactly a linear process. Sometimes you need to go back and get more information, and sometimes you find yourself asking additional questions (that’s ok). In Chapter 6, Fichtman Dana and Yendol-Hoppey provide four steps to data analysis: 1. providing a description of the data; 2. making sense of what you have (and don’t have); 3. interpreting your data by creating statements about how the data informs an answer to the original question; 4. implications of the data. For this assignment, please develop responses to the first two steps using the following points as your guide: ● Please describe the data you’ve collected. ○ What did you see as you inquired? What was happening? ○ What are your initial insights into the data? ● Next, please explain how you have organized your data (“chronologically, by key events, or some combination of organizing units?”). ○ Have you provided the reader with evidence that you’ve looked at your inquiry from a number of angles and have collected trustworthy data? ○ Have you provided evidence of data triangulation? ○ What further questions do you have after your initial data collection? ○ How will you collect more information to satisfy your next questions? Module 2 – Data Collection, Part 2 Module 2 continues to examine the data you are collecting with respect to issues of validity, reliability, trustworthiness, and sufficiency. Please continue to collect data relevant to your inquiry and begin to think about how you will code this data into meaningful organizing principles. Be sure to continuously write memos about your process as a sort of idea journal that you can continually draw from when writing your assignments. Required Readings: Dana, N. F. & Yendol-Hoppey, D. – Revisit Chapter 6 Assignments: For assignment details refer to the “Assignments for the Course” section in this syllabus or the submission link within Blackboard. Assignment: Initial Data Collection (Due Week 2 Sunday, 11:59 p.m.)

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Chapter 07 Homework Due: 11:59pm on Friday, May 23, 2014 You will receive no credit for items you complete after the assignment is due. Grading Policy BioFlix Quiz: The Carbon Cycle Watch the animation at left before answering the questions below. Part A An organism gets carbon by using carbon dioxide in the atmosphere to make sugar molecules. This organism is a Hint 1. Review the animation or your Study Sheet for The Carbon Cycle. ANSWER: Correct During photosynthesis, producers use carbon dioxide to make sugar molecules. Part B Which organisms play a role in returning carbon to the atmosphere? Hint 1. Review the animation or your Study Sheet for The Carbon Cycle. ANSWER: higher-level consumer. producer. primary consumer. decomposer. None of the above Consumers and decomposers, but not producers. Producers only. Decomposers only. Consumers only. Producers, consumers, and decomposers. Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 1 of 7 5/21/2014 8:02 PM Correct Producers, consumers, and decomposers all return carbon dioxide to the atmosphere during cellular respiration. Part C Every carbon atom in the organic molecules that make up your body MUST recently have been part of Hint 1. Review the animation or your Study Sheet for The Carbon Cycle. ANSWER: Correct You are a consumer, and all your carbon comes ultimately from plants and other producers. Part D Imagine following a single carbon atom through the carbon cycle. Which of the following is a possible path for the carbon atom to take? Hint 1. Review the animation or your Study Sheet for The Carbon Cycle. ANSWER: Correct Carbon moves from the atmosphere into a producer (such as a plant), up the food chain, and then back to the atmosphere during cellular respiration. Part E Which process or processes return carbon to the atmosphere? Hint 1. Review the animation. ANSWER: Correct Cellular respiration results in the release of carbon dioxide to the atmosphere. a higher-level consumer. a primary consumer. a decomposer. a producer. a sugar molecule made in one of your chloroplasts. The atmosphere; a plant; a higher-level consumer; then back to the atmosphere. The atmosphere; a plant; an herbivore; another plant; then back to the atmosphere. The atmosphere, a plant, a herbivore, a decomposer, then back to the atmosphere The atmosphere; a decomposer; a higher-level consumer; then back to the atmosphere. The atmosphere; a decomposer; then back to the atmosphere. Cellular respiration only Photosynthesis only Cellular respiration and photosynthesis Breakdown of large organic molecules into smaller organic molecules Cellular respiration and the breakdown of large organic molecules into smaller organic molecules Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 2 of 7 5/21/2014 8:02 PM Activity: The Nitrogen Cycle Click here to complete this activity. Then answer the questions. Part A Nitrifying bacteria convert _____ to _____. ANSWER: Correct Nitrifying bacteria convert ammonium to nitrites. Part B _____ removes nitrogen from the atmosphere. ANSWER: Correct Nitrogen fixation is the conversion of nitrogen gas to a form that can be used by plants (and other organisms). Part C Assimilation is indicated by the letter(s) _____. nitrogen gas … ammonium nitrogen gas … nitrates ammonium … nitrites nitrates … nitrogen gas ammonium … nitrogen gas Denitrification Nitrification Mineralization Nitrogen fixation Assimilation Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 3 of 7 5/21/2014 8:02 PM ANSWER: Correct Assimilation is the uptake of nutrients into an organism. Part D Nitrogen-fixing bacteria is(are) indicated by the letter(s) _____. ANSWER: Correct Both of these pointers are indicating nitrogen-fixing bacteria. Nitrogen fixation is the conversion of nitrogen to a form that plants can use. Part E Nitrification is indicated by the letter(s) _____. ANSWER: C B A D and E C and D B and C A and B D and E C and D A Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 4 of 7 5/21/2014 8:02 PM Correct Nitrification is the conversion of organic nitrogen-containing compounds to nitrites and nitrates. Part F Denitrifying bacteria convert _____ to _____. ANSWER: Correct Denitrifying bacteria convert nitrates to nitrogen gas. Part G Which one of these is a nitrate? ANSWER: Correct NO3 – is a nitrate. Part H Which one of these is a nitrite? ANSWER: Correct This is a nitrite. GeoScience: Earth’s Water and the Hydrologic Cycle A B B and C D and E B and E nitrogen gas … nitrites nitrogen gas … ammonium nitrates … nitrogen gas ammonium … nitrogen gas nitrogen gas … nitrates NO2 – NH4 – NH2 SH NO3 – PO4 – NH2 NH4 – NO2 – NO3 – Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 5 of 7 5/21/2014 8:02 PM When you have finished, answer the questions. Part A The largest percentage of fresh water today is located in: ANSWER: Correct Ice sheets and glaciers are the greatest single repository of fresh water: they contain 77.3% of all Earth’s fresh water and 99.357% of all Earth’s surface fresh water. Part B Earth’s oceans hold: ANSWER: Correct The oceans contain 97.22% of all water, comprising about 1.321 billion cubic kilometers of salt water. This leaves only 2.78% of all of Earth’s water as fresh water (non-oceanic). Part C Which of the following is true of the hydrologic cycle? ANSWER: Correct About 20% of the moisture evaporated from the ocean combines with 2% of land-derived moisture to produce 22% of all precipitation that falls over land. Clearly, the bulk of continental precipitation comes from the oceanic portion of the cycle. Concept Review: Eutrophication Can you sequence the steps in the eutrophication process that occurs in a body of water? Part A Drag each statement to the appropriate location in the flowchart of the eutrophication process. ANSWER: soil. ice sheets and glaciers. the rivers and lakes of the world. groundwater resources. about the same amount of water as all groundwater sources combined. most of the fresh water on Earth. the bulk of all of the water found on Earth. about the same amount of water as all Earth’s rivers and lakes combined. Atmospheric water and surface water do not mix. Most evaporation on Earth occurs over the continents. The bulk of the precipitation occurs over land. Most of the water that falls on the continents is derived from the oceans. Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 6 of 7 5/21/2014 8:02 PM Concept Review: Biogeochemical Cycles Can you sort the items by which biogeochemical cycle they apply to? Part A Drag each description to the appropriate bin. ANSWER: Score Summary: Your score on this assignment is 62.3%. You received 12.45 out of a possible total of 20 points. Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 7 of 7 5/21/2014 8:02 PM

Chapter 07 Homework Due: 11:59pm on Friday, May 23, 2014 You will receive no credit for items you complete after the assignment is due. Grading Policy BioFlix Quiz: The Carbon Cycle Watch the animation at left before answering the questions below. Part A An organism gets carbon by using carbon dioxide in the atmosphere to make sugar molecules. This organism is a Hint 1. Review the animation or your Study Sheet for The Carbon Cycle. ANSWER: Correct During photosynthesis, producers use carbon dioxide to make sugar molecules. Part B Which organisms play a role in returning carbon to the atmosphere? Hint 1. Review the animation or your Study Sheet for The Carbon Cycle. ANSWER: higher-level consumer. producer. primary consumer. decomposer. None of the above Consumers and decomposers, but not producers. Producers only. Decomposers only. Consumers only. Producers, consumers, and decomposers. Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 1 of 7 5/21/2014 8:02 PM Correct Producers, consumers, and decomposers all return carbon dioxide to the atmosphere during cellular respiration. Part C Every carbon atom in the organic molecules that make up your body MUST recently have been part of Hint 1. Review the animation or your Study Sheet for The Carbon Cycle. ANSWER: Correct You are a consumer, and all your carbon comes ultimately from plants and other producers. Part D Imagine following a single carbon atom through the carbon cycle. Which of the following is a possible path for the carbon atom to take? Hint 1. Review the animation or your Study Sheet for The Carbon Cycle. ANSWER: Correct Carbon moves from the atmosphere into a producer (such as a plant), up the food chain, and then back to the atmosphere during cellular respiration. Part E Which process or processes return carbon to the atmosphere? Hint 1. Review the animation. ANSWER: Correct Cellular respiration results in the release of carbon dioxide to the atmosphere. a higher-level consumer. a primary consumer. a decomposer. a producer. a sugar molecule made in one of your chloroplasts. The atmosphere; a plant; a higher-level consumer; then back to the atmosphere. The atmosphere; a plant; an herbivore; another plant; then back to the atmosphere. The atmosphere, a plant, a herbivore, a decomposer, then back to the atmosphere The atmosphere; a decomposer; a higher-level consumer; then back to the atmosphere. The atmosphere; a decomposer; then back to the atmosphere. Cellular respiration only Photosynthesis only Cellular respiration and photosynthesis Breakdown of large organic molecules into smaller organic molecules Cellular respiration and the breakdown of large organic molecules into smaller organic molecules Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 2 of 7 5/21/2014 8:02 PM Activity: The Nitrogen Cycle Click here to complete this activity. Then answer the questions. Part A Nitrifying bacteria convert _____ to _____. ANSWER: Correct Nitrifying bacteria convert ammonium to nitrites. Part B _____ removes nitrogen from the atmosphere. ANSWER: Correct Nitrogen fixation is the conversion of nitrogen gas to a form that can be used by plants (and other organisms). Part C Assimilation is indicated by the letter(s) _____. nitrogen gas … ammonium nitrogen gas … nitrates ammonium … nitrites nitrates … nitrogen gas ammonium … nitrogen gas Denitrification Nitrification Mineralization Nitrogen fixation Assimilation Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 3 of 7 5/21/2014 8:02 PM ANSWER: Correct Assimilation is the uptake of nutrients into an organism. Part D Nitrogen-fixing bacteria is(are) indicated by the letter(s) _____. ANSWER: Correct Both of these pointers are indicating nitrogen-fixing bacteria. Nitrogen fixation is the conversion of nitrogen to a form that plants can use. Part E Nitrification is indicated by the letter(s) _____. ANSWER: C B A D and E C and D B and C A and B D and E C and D A Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 4 of 7 5/21/2014 8:02 PM Correct Nitrification is the conversion of organic nitrogen-containing compounds to nitrites and nitrates. Part F Denitrifying bacteria convert _____ to _____. ANSWER: Correct Denitrifying bacteria convert nitrates to nitrogen gas. Part G Which one of these is a nitrate? ANSWER: Correct NO3 – is a nitrate. Part H Which one of these is a nitrite? ANSWER: Correct This is a nitrite. GeoScience: Earth’s Water and the Hydrologic Cycle A B B and C D and E B and E nitrogen gas … nitrites nitrogen gas … ammonium nitrates … nitrogen gas ammonium … nitrogen gas nitrogen gas … nitrates NO2 – NH4 – NH2 SH NO3 – PO4 – NH2 NH4 – NO2 – NO3 – Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 5 of 7 5/21/2014 8:02 PM When you have finished, answer the questions. Part A The largest percentage of fresh water today is located in: ANSWER: Correct Ice sheets and glaciers are the greatest single repository of fresh water: they contain 77.3% of all Earth’s fresh water and 99.357% of all Earth’s surface fresh water. Part B Earth’s oceans hold: ANSWER: Correct The oceans contain 97.22% of all water, comprising about 1.321 billion cubic kilometers of salt water. This leaves only 2.78% of all of Earth’s water as fresh water (non-oceanic). Part C Which of the following is true of the hydrologic cycle? ANSWER: Correct About 20% of the moisture evaporated from the ocean combines with 2% of land-derived moisture to produce 22% of all precipitation that falls over land. Clearly, the bulk of continental precipitation comes from the oceanic portion of the cycle. Concept Review: Eutrophication Can you sequence the steps in the eutrophication process that occurs in a body of water? Part A Drag each statement to the appropriate location in the flowchart of the eutrophication process. ANSWER: soil. ice sheets and glaciers. the rivers and lakes of the world. groundwater resources. about the same amount of water as all groundwater sources combined. most of the fresh water on Earth. the bulk of all of the water found on Earth. about the same amount of water as all Earth’s rivers and lakes combined. Atmospheric water and surface water do not mix. Most evaporation on Earth occurs over the continents. The bulk of the precipitation occurs over land. Most of the water that falls on the continents is derived from the oceans. Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 6 of 7 5/21/2014 8:02 PM Concept Review: Biogeochemical Cycles Can you sort the items by which biogeochemical cycle they apply to? Part A Drag each description to the appropriate bin. ANSWER: Score Summary: Your score on this assignment is 62.3%. You received 12.45 out of a possible total of 20 points. Chapter 07 Homework http://session.masteringenvironmentalscience.com/myct/assignmentPrintV… 7 of 7 5/21/2014 8:02 PM

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Mendel’s law of independent assortment states thateach pair of alleles segregates independently of the other pairs of alleles during gamete formation. independent sorting of genes produces polyploid plants under some circumstances. genes are sorted concurrently during gamete formation. chromosomes sort independently of each other during mitosis and meiosis.

Mendel’s law of independent assortment states thateach pair of alleles segregates independently of the other pairs of alleles during gamete formation. independent sorting of genes produces polyploid plants under some circumstances. genes are sorted concurrently during gamete formation. chromosomes sort independently of each other during mitosis and meiosis.

each pair of alleles segregates independently of the other pairs … Read More...
Consciously and sub-consciously we have “boxed” leadership in the same way. Looking back we interpret events and interactions, sort out the relevant and important, and apply meaning to the events. This assignment we will use Steve Jobs as our point of focus and our source for leadership events– our retrospective examination of his life as a leader. Assess Jobs as a leader from each perspective: 1. Traits (why traits failed) 2. Style (why style was underutilized) 3. Skills (skills that should have been used) Explain how Jobs’ leadership is explained through the lens of each: 1. Path-Goal 2. LMX 3. Transactional 4. Transformational 5. Charismatic 6. Authentic Non-traditional: 1. Follower (was Jobs a follower, how were followers a part of Jobs’ leadership?) 2. Conclusion (final heading – best represents Jobs and why others were ruled out) • APA format (margins, font, spacing) • APA in-text citations when needed • APA reference page • Proofread for grammar and content • Ensure that all headings and questions are addressed See agenda for headings Remember, this is a detailed analysis. Each of the above (a-j) should be a heading and explain how Jobs, as a leader, represents (or does not represent) the corresponding school of thought. Provide supplemental sources to give your position more credibility, but keep in mind that this is not a biography of Jobs (there are many recent biographies that do not qualify as acceptable sources for this assignment). Finally, which leadership perspective best identifies Steve Jobs as a leader? Explain why, and explain why other options were ruled out (k).

Consciously and sub-consciously we have “boxed” leadership in the same way. Looking back we interpret events and interactions, sort out the relevant and important, and apply meaning to the events. This assignment we will use Steve Jobs as our point of focus and our source for leadership events– our retrospective examination of his life as a leader. Assess Jobs as a leader from each perspective: 1. Traits (why traits failed) 2. Style (why style was underutilized) 3. Skills (skills that should have been used) Explain how Jobs’ leadership is explained through the lens of each: 1. Path-Goal 2. LMX 3. Transactional 4. Transformational 5. Charismatic 6. Authentic Non-traditional: 1. Follower (was Jobs a follower, how were followers a part of Jobs’ leadership?) 2. Conclusion (final heading – best represents Jobs and why others were ruled out) • APA format (margins, font, spacing) • APA in-text citations when needed • APA reference page • Proofread for grammar and content • Ensure that all headings and questions are addressed See agenda for headings Remember, this is a detailed analysis. Each of the above (a-j) should be a heading and explain how Jobs, as a leader, represents (or does not represent) the corresponding school of thought. Provide supplemental sources to give your position more credibility, but keep in mind that this is not a biography of Jobs (there are many recent biographies that do not qualify as acceptable sources for this assignment). Finally, which leadership perspective best identifies Steve Jobs as a leader? Explain why, and explain why other options were ruled out (k).

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Module Overview Summary of Module Description For full details, go to Module Descriptor. Aims The aim of this module is to: • Develop individuals for a career in business and management • Enhance and develop employability , professional and lifelong learning skills and personal development Learning Outcomes Learners will be able to critically evaluate the acquisition of a range of academic and professional skills using a number of theoretical frameworks. Assessment – Summary Category Assessment Description Duration Word Count Weight (%) Written Assignment Essay 1 Reflective Essay N/A 3000 45 For full details, go to Assessment. Additional Information Remember that a variety of Resources is available to support your learning materials.Skills and character audit This document provides an initial picture of your skills and character. It will also provide the basis of further documents that make up the first assignment on the module. It is based on the skills statements that form a fundamental part of your Masters programme which were approved by a validation panel that consisted of members of staff in the Business School, academic staff from other higher education institutions and employers. The statements in the form are there for you and you will not be judged on whether your responses are positive or negative. The responses should enable you to identify what you are good or bad at from which you can create a personal SLOT analysis (Strengths, Limitations, Opportunities, Threats). From this SLOT analysis you can then concentrate on developing certain areas that will enhance your academic and professional development. We would very much like to” get to know” you through this document and would encourage you to also complete the notes section. In this you could give us a rationale for your responses to the questions. As a guide to how you should gauge your response consider the following: Strongly agree – I have a wide range of experience in this area and have been commended by a tutor or employer for my efforts in this area Agree – I am comfortable with this aspect and have been able to demonstrate my ability Disagree – I am Ok with this but realise that I do need to improve Strongly disagree – I know I am weak in this area and need to focus on this as I could fine this weakness to be detrimental to my progression Explain why – please take the room to consider the reasons for your answer as this is the reflection that is of most value. Do not worry if your section spills onto the next page.   Intellectual (thinking) skills Strongly Agree Agree Disagree Strongly Disagree I am a creative person who can adapt my thinking to circumstances I am able to organise my thoughts, analyse, synthesise and critically appraise situations I can identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately Explain why: Professional/Vocational skills Strongly Agree Agree Disagree Strongly Disagree I use a wide range of techniques in approaching and solving problems. I am comfortable with a range of research techniques I am able to analyse and interpret quantitative data I am able to analyse and interpret qualitative data My leadership skills are well developed and I can adapt them to different situations I am able to manage people effectively Motivating myself and others comes easy to me I am aware of my responsibilities to myself, the organisation and other people I treat people with respect and consideration Explain why:   Key/Common skills Strongly Agree Agree Disagree Strongly Disagree I am able to use mathematical techniques to analyse data I can effectively interpret numerical data including tables and charts I am able to use a wide range of software on a PC I use a range Information Technology devices to communicate and access information I am a good listener I am able to communicate my ideas well in a face-to-face situation I can adapt my written style to suit an audiences needs I am comfortable presenting my ideas to an audience Whenever I have completed a task I always reflect on the experience with a view to seeking continuous improvement I manage my time effectively I am always prompt when asked to complete a task I am aware of the need to be sensitive to the cultural differences to which I have been exposed I am keen to learn about other people and their country and culture I enjoy working with others to complete a task I know my own character and am sensitive of this in a group situation I understand that a group is made of individuals and I am sensitive to the needs and preferences of others I will always ensure that I get my views across in a meeting I am willing to accept the viewpoint of others I always give 100% in a group task Explain why: SLOT Analysis Having responded to the statements above you should now be in a position to look forward and recognise those areas on which your development will be based. The SLOT analysis can help you to arrange this. Strengths – can be those skills and characteristics to which you have responded positively to in the previous section. It is worth noting that whilst you may be strong in these areas that does not mean you ignore their development. Indeed you may be able to utilise these strengths in the development of areas identified as weaknesses or to overcome strengths, this will enhance those skills and characteristics. Limitations – All of us can identify some sort of limitation to our skills. None of us should be afraid of doing this as this is the first stage on the improvement and development of these weaknesses. Opportunities – These arise or can be created. When thinking of this look ahead at opportunities that will arise in a professional, academic or social context within which your development can take place. Threats – Many threats from your development can come from within – your own characteristics e.g. poor time management can lead to missing deadlines. However we could equally identify a busy lifestyle as a threat to our development. Once again think widely in terms of where the threat will come from. Do not worry if you find that a strength can also be a limitation. This is often true as a characteristic you have may be strength in one situation but a limitation in another. E.g. you may be an assertive person, which is positive, but this could be negative in a group situation. Please try and elaborate this in the notes section at the foot of the table. SLOT Analysis (you may need to use two pages to set out this analysis) Strengths Limitations Opportunities Threats Analysis of the Bullet points in the SLOT table Objectives Having undertaken some analysis of your skills and characteristics the aim of this next section is to identify various aspects of your development during the course of this module, other modules on your course, and extra-curricular activities. Make sure the objectives are SMART:- S – Specific. Clearly identified from the exercises undertaken M – Measurable. The outcomes can be easily demonstrated (to yourself, and where possible others) A – Achievable. They can be done given the opportunities available to you R – Relevant. They form part of your development either on this award, in your employability prospects or in your current job role T – Timebound. They can be achieved within a given timescale Whilst there are 5 rows in the table below, please feel free to add more. However be sure that you need to do this development and that they fit within the scope of the above criteria. Area What I am going to do. How I am going to do it When I am going to do it by Force Field Analysis This technique was designed by Kurt Lewin (1947 and 1953). In the business world it is used for decision making, looking at forces that need to be considered when implementing change – it can be said to be a specialised method of weighing up the pros and cons of a decision. Having looked at your personal strengths and weaknesses we would like you to use this technique to become aware of those factors that will help/hinder, give you motivation for or may act against, your personal development. Whilst you could do this for each of your objectives we want you to think in terms of where you would like to be at the end of your Masters programme. In the central pillar, put in a statement of where you want to be at the end of the course. Then in the arrows either side look at those factors/forces that may work in your favour. Be realistic and please add as many arrows that you think may be necessary; use a separate page for the module if it makes it easier to structure your thoughts. Forces or factors working for achieving your desired outcome Where I want to be Forces or factors against working against you achieving your desired outcome

Module Overview Summary of Module Description For full details, go to Module Descriptor. Aims The aim of this module is to: • Develop individuals for a career in business and management • Enhance and develop employability , professional and lifelong learning skills and personal development Learning Outcomes Learners will be able to critically evaluate the acquisition of a range of academic and professional skills using a number of theoretical frameworks. Assessment – Summary Category Assessment Description Duration Word Count Weight (%) Written Assignment Essay 1 Reflective Essay N/A 3000 45 For full details, go to Assessment. Additional Information Remember that a variety of Resources is available to support your learning materials.Skills and character audit This document provides an initial picture of your skills and character. It will also provide the basis of further documents that make up the first assignment on the module. It is based on the skills statements that form a fundamental part of your Masters programme which were approved by a validation panel that consisted of members of staff in the Business School, academic staff from other higher education institutions and employers. The statements in the form are there for you and you will not be judged on whether your responses are positive or negative. The responses should enable you to identify what you are good or bad at from which you can create a personal SLOT analysis (Strengths, Limitations, Opportunities, Threats). From this SLOT analysis you can then concentrate on developing certain areas that will enhance your academic and professional development. We would very much like to” get to know” you through this document and would encourage you to also complete the notes section. In this you could give us a rationale for your responses to the questions. As a guide to how you should gauge your response consider the following: Strongly agree – I have a wide range of experience in this area and have been commended by a tutor or employer for my efforts in this area Agree – I am comfortable with this aspect and have been able to demonstrate my ability Disagree – I am Ok with this but realise that I do need to improve Strongly disagree – I know I am weak in this area and need to focus on this as I could fine this weakness to be detrimental to my progression Explain why – please take the room to consider the reasons for your answer as this is the reflection that is of most value. Do not worry if your section spills onto the next page.   Intellectual (thinking) skills Strongly Agree Agree Disagree Strongly Disagree I am a creative person who can adapt my thinking to circumstances I am able to organise my thoughts, analyse, synthesise and critically appraise situations I can identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately Explain why: Professional/Vocational skills Strongly Agree Agree Disagree Strongly Disagree I use a wide range of techniques in approaching and solving problems. I am comfortable with a range of research techniques I am able to analyse and interpret quantitative data I am able to analyse and interpret qualitative data My leadership skills are well developed and I can adapt them to different situations I am able to manage people effectively Motivating myself and others comes easy to me I am aware of my responsibilities to myself, the organisation and other people I treat people with respect and consideration Explain why:   Key/Common skills Strongly Agree Agree Disagree Strongly Disagree I am able to use mathematical techniques to analyse data I can effectively interpret numerical data including tables and charts I am able to use a wide range of software on a PC I use a range Information Technology devices to communicate and access information I am a good listener I am able to communicate my ideas well in a face-to-face situation I can adapt my written style to suit an audiences needs I am comfortable presenting my ideas to an audience Whenever I have completed a task I always reflect on the experience with a view to seeking continuous improvement I manage my time effectively I am always prompt when asked to complete a task I am aware of the need to be sensitive to the cultural differences to which I have been exposed I am keen to learn about other people and their country and culture I enjoy working with others to complete a task I know my own character and am sensitive of this in a group situation I understand that a group is made of individuals and I am sensitive to the needs and preferences of others I will always ensure that I get my views across in a meeting I am willing to accept the viewpoint of others I always give 100% in a group task Explain why: SLOT Analysis Having responded to the statements above you should now be in a position to look forward and recognise those areas on which your development will be based. The SLOT analysis can help you to arrange this. Strengths – can be those skills and characteristics to which you have responded positively to in the previous section. It is worth noting that whilst you may be strong in these areas that does not mean you ignore their development. Indeed you may be able to utilise these strengths in the development of areas identified as weaknesses or to overcome strengths, this will enhance those skills and characteristics. Limitations – All of us can identify some sort of limitation to our skills. None of us should be afraid of doing this as this is the first stage on the improvement and development of these weaknesses. Opportunities – These arise or can be created. When thinking of this look ahead at opportunities that will arise in a professional, academic or social context within which your development can take place. Threats – Many threats from your development can come from within – your own characteristics e.g. poor time management can lead to missing deadlines. However we could equally identify a busy lifestyle as a threat to our development. Once again think widely in terms of where the threat will come from. Do not worry if you find that a strength can also be a limitation. This is often true as a characteristic you have may be strength in one situation but a limitation in another. E.g. you may be an assertive person, which is positive, but this could be negative in a group situation. Please try and elaborate this in the notes section at the foot of the table. SLOT Analysis (you may need to use two pages to set out this analysis) Strengths Limitations Opportunities Threats Analysis of the Bullet points in the SLOT table Objectives Having undertaken some analysis of your skills and characteristics the aim of this next section is to identify various aspects of your development during the course of this module, other modules on your course, and extra-curricular activities. Make sure the objectives are SMART:- S – Specific. Clearly identified from the exercises undertaken M – Measurable. The outcomes can be easily demonstrated (to yourself, and where possible others) A – Achievable. They can be done given the opportunities available to you R – Relevant. They form part of your development either on this award, in your employability prospects or in your current job role T – Timebound. They can be achieved within a given timescale Whilst there are 5 rows in the table below, please feel free to add more. However be sure that you need to do this development and that they fit within the scope of the above criteria. Area What I am going to do. How I am going to do it When I am going to do it by Force Field Analysis This technique was designed by Kurt Lewin (1947 and 1953). In the business world it is used for decision making, looking at forces that need to be considered when implementing change – it can be said to be a specialised method of weighing up the pros and cons of a decision. Having looked at your personal strengths and weaknesses we would like you to use this technique to become aware of those factors that will help/hinder, give you motivation for or may act against, your personal development. Whilst you could do this for each of your objectives we want you to think in terms of where you would like to be at the end of your Masters programme. In the central pillar, put in a statement of where you want to be at the end of the course. Then in the arrows either side look at those factors/forces that may work in your favour. Be realistic and please add as many arrows that you think may be necessary; use a separate page for the module if it makes it easier to structure your thoughts. Forces or factors working for achieving your desired outcome Where I want to be Forces or factors against working against you achieving your desired outcome

  Intellectual (thinking) skills   Strongly Agree Agree Disagree Strongly … Read More...
Assignment One Suggested Due Date: July 17th In this assignment you will read three articles You will answer questions about Hayek, Lucas, and Mankiw et. al. which consider just those particular articles. Then at the end of the assignment there is a cluster of questions that deal with both Lucas and Mankiw et al where you will have an opportunity to compare and contrast those two articles. When you have completed the assignment, place it in the appropriate drop box in WTClass. Hayek: The Use of Knowledge in Society http://www.econlib.org/library/Essays/hykKnw1.html Adapted from Michael K. Salemi “The Use of Knowledge in Society” F. A. Hayek Discussion Questions 1.1. “The peculiar character of the problem of a rational economic order is determined precisely by the fact that the knowledge of the circumstances of which we must make use never exists in concentrated or integrated form, but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess (H.3)” a. What does Hayek mean by a “rational economic order”? b. What does Hayek mean by “dispersed bits of incomplete and frequently contradictory knowledge”? c. Why is Hayek critical of the common assumptions in economic analysis that buyers, sellers, producers and the economist all know every relevant thing about the economy? d. What, in summary, does Hayek mean by the quoted statement? 1.2. What, according to Hayek, is the information needed to operate effectively in a complex market economy? a. What does Hayek mean by “planning”? b. What is the minimum information needed by economic planners and individuals? c. Does the minimum differ for planners and for individuals? How? Why? d. What happens when some individuals possess more information than other individuals? e. What does Hayek mean when he says (H.16) “…the sort of knowledge with which I have been concerned is knowledge of the kind which by its nature cannot enter into statistics and therefore cannot be conveyed to any central authority in statistical form”? f. Why, according to Hayek, can the “information problem” be solved by “the price system”? 1.3. Why, according to Hayek, is the true function of the price system the communication of information? a. Why does Hayek use the term ‘marvel’ in his discussion of the economy of knowledge? b. What does Hayek mean when he says (H.26) “…man has been able to develop that division of labor on which our civilization is based because he happened to stumble upon a method which made it possible”? Read Robert Lucas’ “Some Macroeconomics for the 21st Century” in the Journal of Economic Perspectives. (Skip the appendix.) All four of these links go to the same article. Some of the links might not be accessible to you, but I think that at least one of them should work for all of you. https://www.aeaweb.org/articles.php?doi=10.1257/jep.14.1.159 http://www.jstor.org/stable/2647059 http://www.econ.psu.edu/~aur10/Econ%20570%20Fall%202009/Lucas%20JEP%202000.pdf http://faculty.georgetown.edu/mh5/class/econ102/readings/Macro_21st_Century.pdf 1. According to Lucas, why has the world’s economy grown so much since 1960? 2. According to Lucas, why do some nations grow faster than others? 3. According to Lucas, why will growth and inequality decrease in the next 100 years? 4. Is Lucas’ model in this paper “economics?” Read Greg Mankiw, Romer and Wiel’s article in The Quarterly Journal of Economics. http://www.econ.nyu.edu/user/debraj/Courses/Readings/MankiwRomerWeil.pdf 1. Many economists think the Solow Growth Model is of limited use. (One of my professors at OU stated that it took economists 50 years to figure out that their growth model has nothing to do with growth.) But does the Solow model give “…the right answer to the questions it is designed to address?” 2. Why is human capital important when testing the Solow model against the data? 3. Explain how the authors conclude that the incomes of the world’s nations are converging? Now that you’ve answered questions about Lucas and Mankiw et al separately, consider this question: Both of these papers develop the notion that the economies of the world’s nations will tend to “converge” over time. Compare and contrast the way(s) in which the papers advance the idea of convergence. Assignment Two Due Date July 24th This assignment is very straight forward. You’ll read two papers and answer questions about each of them. Read Krugman’s paper on unemployment http://www.kc.frb.org/PUBLICAT/ECONREV/EconRevArchive/1994/4Q94KRUG.pdf 1. What is the difference between structural and cyclical unemployment? In this context, what is the difference between Europe and the US? What is the evidence that Krugman uses to back his opinion? 2. What is the natural rate of unemployment? Why is it higher/rising in Europe? Again, what is the evidence? 3. What is the relationship between the rising unemployment in Europe and the rise in inequality in the US. (What does Krugman mean by inequality?) 4. What is NOT to blame for either the rise in unemployment or inequality? 5. What policies, if any, can be put into place to combat rising inequality/unemployment? 6. Are you convinced by Krugman’s argument which rules out globalization as the likely cause for high European unemployment and high US wage inequality? 7. Consider Table 2 in Krugman. Why does Krugman include Table 2 in his paper? In other words, what point is strengthened by the data in Table 2 and why is it crucial to Krugman’s larger thesis? NOW, recreate the data for Table 2 for either the UK or US for the latest year possible. Has anything changed as a result of the Great Recession? Read Thomas Sargent’s paper about the credibility of “Reaganonomics.” http://minneapolisfed.contentdm.oclc.org/cdm/ref/collection/p15334coll1/id/366 http://minneapolisfed.contentdm.oclc.org/cdm/singleitem/collection/p15334coll1/id/366/rec/1 You might like this: http://www.ispot.tv/ad/7Lj9/ally-bank-predictions-featuring-thomas-sargent 1. What is a dynamic game? 2. Why should we think of monetary and fiscal policy as dynamic game? Who are the players and what are the strategies? 3. When are government budgets inflationary? (Again, think in terms of a game.) 4. What are the consequences if the monetary authority does not coordinate with fiscal policy agents? 5. Has Sargent done of good job characterizing the interplay between policymakers in the government, the central bank, and the public? 6. What is the connection between policy coordination and credibility? 7. Why, according to Sargent, were Reagan’s fiscal and monetary policy regimes “incredible?” Explain carefully. Assignment Three Due Date July 31 Read Taylor, Miskin, Obstfeld and Rogoff. Answer the questions for each article, then answer the final cluster that requires you to consider Miskin, Obstfeld and Rogoff. Suggested due date: January 2nd. Read John Taylor’s article about monetary transmission mechanisms. http://web.econ.unito.it/bagliano/ecmon_readings/taylor_jep95.pdf Also, to understand traditional monetary policy, listen to this: http://www.econtalk.org/archives/2008/08/john_taylor_on.html These questions refer to the article, not the podcast. 1. How does monetary policy (or changes in monetary policy) affect output and inflation? In other words, what is the monetary policy transmission mechanism? 2. What is the importance of financial market prices in Taylor’s view? 3. What is the importance of rational expectations and rigidities in the prices of labor and goods? 4. What is a reaction function? Why is a reaction function important? 5. What is an “optimal monetary policy rule?” 6. Has the monetary transmission mechanism changed? How? 7. What are the criticisms of Taylor’s views? How does he respond? What do you think? Read Mishkin’s article about global financial instability. http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.3 1. What is a financial crisis? 2. How did adverse selection and moral hazard contribute to the financial crisis in Mexico and East Asia in the 1990s? What are adverse selection and moral hazard? 3. Did irresponsible monetary and fiscal policy contribute to the crisis in the 90s? Why or why not? 4. How is it possible for the IMF to help in a crisis when a domestic central bank might not be able to help. 5. What should the US learn (or have learned??) from the crisis in the 90s? Read Rogoff’s article about global financial instability. http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.21 http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.21 Answer the questions and place the answers in the appropriate drop box in WTClass. 1. According to Rogoff, is the status quo in international lending viable or not? Explain. 2. Can the IMF handle international financial crises? Why or why not? 3. Rogoff gives six solutions to save the global financial system (deep pockets lender of last resort, an international financial crisis manager, an international bankruptcy court, an international regulator, international deposit insurance corporation, and a world monetary authority.) What is wrong with all of these? 4. Can developing economies cope with speculative capital flows without help? Explain. 5. What will be (should be) the role that equity financing play in developing country projects? Read Obstfeld on Global Capital Markets: http://www.nber.org/papers/w6559.pdf 1. Look at table 1 and figure 1. How does Obstfeld use the data in that table to suggest that 1) markets became less open then more open in the 20th century. 2. What is the “openness trilemma?” What are the economic and/or policy trade-offs with having a global, open and integrated financial system? 3. How does economic integration impact a nation’s ability to tax capital? Can you think of some high profile cases in the news lately that illustrate this fact? (Hint: you should be able to.) 4. What is the international diversification puzzle? What market failures have arisen (if any) have arisen due to more integration and openness? Comparing Obstfeld, Miskin, and Rogoff 1. Would the authors’ advice about policies to reduce the costs of financial integration be the same? Why or why not? 2. Would the authors’ agree that we need an international regulatory body to stave off international financial crises? Why or why not? 3. What is your opinion? Is it good to have a global financial market? Why or why not? Assignment Four Due Date August 7 Straight forward assignment: Read and answer the questions. Read Arnold Kling’s history of the policies that created the great recession http://mercatus.org/publication/not-what-they-had-mind-history-policies-produced-financial-crisis-2008 1. Using only the executive summary, what does Kling think caused the Financial Crisis of 2008? (Use only one sentence.) 2. One page 5, what is “the fact?” and what does this “fact” mean to you? 3. Briefly summarize the four components of the Financial Crisis? 4. On page 10, Kling states, “These property bubbles (in the U.K. and Spain) cannot be blamed on U.S. policy.” How confident are you on that point? Is Kling wrong? 5. Kling’s matrix of causes, gives almost all weight to what two factors? What three factors are almost completely not responsible? 6. Many have blamed designer financial (my term) like CDS and CDO and the shadow banking system for the collapse. How do these fit into Kling’s narrative? 7. Outline the progression of policy that caused/responded to economic conditions in the 30s, 70s and 80s and 00s. 8. What role did the mortgage interest deduction have on housing market? 9. What institution invented and allowed the expansion of mortgage-backed securities? 10. What is regulatory arbitrage? 11. Why did the Basel agreement create an advantage for mortgage securitization? 12. Did the Federal Reserve (and presumably other regulatory agencies know and even encourage regulatory capital arbitrage? What author does Kling cite to establish this? 13. What did the 2002 modification of the Basel Rules do to capital requirements? (See figure 4) 14. Summarize the Shadow Regulatory Committee’s statement 160. 15. Did non market institutions, such as the IMF and Bernanke, think, in 2006, that financial innovation had make the banking sector more or less fragile? 16. What is time inconsistency? (You can look this up elsewhere.) 17. How might “barriers to entry” by related to “safety and soundness?” 18. A Curmudgeon is an old man who is easily annoyed and angered. He also complains a lot. (I had to look it up.) I think I’ll change my xbox gamertag to this word, but I’ll bet it is taken. 19. How did credit scoring and credit default swaps enlarge the mortgage securities market? 20. Why, up until 2007, did we think that monetary expansion was all that was needed to mitigate the impact of financial crises? 21. Suppose that financial markets are inherently unstable. What does this mean are two goals of regulation and regulators? 22. Why are type two errors so problematic? (Two reasons.) 23. How could we make the banking sector easy to fix? Assignment Five Due August 13 Read the linked lectures and answer the questions. Lecture 1 http://econlog.econlib.org/archives/2008/11/lectures_in_mac.html 1.1 Why do you think macroeconomic realities must be reconciled with microeconomic analysis? (This is not a rhetorical question, but it will be hard for you to answer. There is no “wrong” answer you could give. Just think about it for a few minutes.) Lecture 2 http://econlog.econlib.org/archives/2008/11/lectures_in_mac_1.html 2.1 Consider this article after you have read Hayek. How do prices and wages perform the function of “central planning?” 2.2 Kling makes that claim that, because most workers do not do manual labor anymore, the economy is different that it was in 1930. Assuming he is correct, do you think central planning would be harder today or easier? Why? Lecture 3 http://econlog.econlib.org/archives/2008/11/lectures_on_mac.html 3.1 Give a one sentence definition of structural unemployment, of frictional unemployment and of cyclical unemployment. Lecture 4 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_1.html 4.1 So, why does the economy adjust employment rather than wages? Lecture 5 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_2.html 5.1 Kling gives 5 reasons the DotCom recession was worse than the previous two recessions (at least in duration). Which reason do you think is the most compelling? Lecture 6 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_3.html 6.1 Why are Keynesian remedies (blunt fiscal and monetary policy measures) less appropriate in a post industrial economy, according to Kling? Lecture 7 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_4.html 7.1 Why is it so hard to separate finance and government, according to Kling? Lecture 8 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_5.html 8.1 Why is American Express Travelers Checks so interesting? Do credit cards work in a similar way? (I really don’t know the answer to this one. I just know that credit cards have made travelers checks obsolete.) Lecture 9. http://econlog.econlib.org/archives/2008/12/lectures_on_mac_6.html 9.1 According to this article, why do we have banks (financial sector or financial intermediation?) Lecture 10 http://econlog.econlib.org/archives/2008/12/lectures_on_mac_7.html 10.1 Why are banks better than barter, according to this leture? 10.2 Politics tends to favor bailouts of failed firms. Why is this exactly wrong?

Assignment One Suggested Due Date: July 17th In this assignment you will read three articles You will answer questions about Hayek, Lucas, and Mankiw et. al. which consider just those particular articles. Then at the end of the assignment there is a cluster of questions that deal with both Lucas and Mankiw et al where you will have an opportunity to compare and contrast those two articles. When you have completed the assignment, place it in the appropriate drop box in WTClass. Hayek: The Use of Knowledge in Society http://www.econlib.org/library/Essays/hykKnw1.html Adapted from Michael K. Salemi “The Use of Knowledge in Society” F. A. Hayek Discussion Questions 1.1. “The peculiar character of the problem of a rational economic order is determined precisely by the fact that the knowledge of the circumstances of which we must make use never exists in concentrated or integrated form, but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess (H.3)” a. What does Hayek mean by a “rational economic order”? b. What does Hayek mean by “dispersed bits of incomplete and frequently contradictory knowledge”? c. Why is Hayek critical of the common assumptions in economic analysis that buyers, sellers, producers and the economist all know every relevant thing about the economy? d. What, in summary, does Hayek mean by the quoted statement? 1.2. What, according to Hayek, is the information needed to operate effectively in a complex market economy? a. What does Hayek mean by “planning”? b. What is the minimum information needed by economic planners and individuals? c. Does the minimum differ for planners and for individuals? How? Why? d. What happens when some individuals possess more information than other individuals? e. What does Hayek mean when he says (H.16) “…the sort of knowledge with which I have been concerned is knowledge of the kind which by its nature cannot enter into statistics and therefore cannot be conveyed to any central authority in statistical form”? f. Why, according to Hayek, can the “information problem” be solved by “the price system”? 1.3. Why, according to Hayek, is the true function of the price system the communication of information? a. Why does Hayek use the term ‘marvel’ in his discussion of the economy of knowledge? b. What does Hayek mean when he says (H.26) “…man has been able to develop that division of labor on which our civilization is based because he happened to stumble upon a method which made it possible”? Read Robert Lucas’ “Some Macroeconomics for the 21st Century” in the Journal of Economic Perspectives. (Skip the appendix.) All four of these links go to the same article. Some of the links might not be accessible to you, but I think that at least one of them should work for all of you. https://www.aeaweb.org/articles.php?doi=10.1257/jep.14.1.159 http://www.jstor.org/stable/2647059 http://www.econ.psu.edu/~aur10/Econ%20570%20Fall%202009/Lucas%20JEP%202000.pdf http://faculty.georgetown.edu/mh5/class/econ102/readings/Macro_21st_Century.pdf 1. According to Lucas, why has the world’s economy grown so much since 1960? 2. According to Lucas, why do some nations grow faster than others? 3. According to Lucas, why will growth and inequality decrease in the next 100 years? 4. Is Lucas’ model in this paper “economics?” Read Greg Mankiw, Romer and Wiel’s article in The Quarterly Journal of Economics. http://www.econ.nyu.edu/user/debraj/Courses/Readings/MankiwRomerWeil.pdf 1. Many economists think the Solow Growth Model is of limited use. (One of my professors at OU stated that it took economists 50 years to figure out that their growth model has nothing to do with growth.) But does the Solow model give “…the right answer to the questions it is designed to address?” 2. Why is human capital important when testing the Solow model against the data? 3. Explain how the authors conclude that the incomes of the world’s nations are converging? Now that you’ve answered questions about Lucas and Mankiw et al separately, consider this question: Both of these papers develop the notion that the economies of the world’s nations will tend to “converge” over time. Compare and contrast the way(s) in which the papers advance the idea of convergence. Assignment Two Due Date July 24th This assignment is very straight forward. You’ll read two papers and answer questions about each of them. Read Krugman’s paper on unemployment http://www.kc.frb.org/PUBLICAT/ECONREV/EconRevArchive/1994/4Q94KRUG.pdf 1. What is the difference between structural and cyclical unemployment? In this context, what is the difference between Europe and the US? What is the evidence that Krugman uses to back his opinion? 2. What is the natural rate of unemployment? Why is it higher/rising in Europe? Again, what is the evidence? 3. What is the relationship between the rising unemployment in Europe and the rise in inequality in the US. (What does Krugman mean by inequality?) 4. What is NOT to blame for either the rise in unemployment or inequality? 5. What policies, if any, can be put into place to combat rising inequality/unemployment? 6. Are you convinced by Krugman’s argument which rules out globalization as the likely cause for high European unemployment and high US wage inequality? 7. Consider Table 2 in Krugman. Why does Krugman include Table 2 in his paper? In other words, what point is strengthened by the data in Table 2 and why is it crucial to Krugman’s larger thesis? NOW, recreate the data for Table 2 for either the UK or US for the latest year possible. Has anything changed as a result of the Great Recession? Read Thomas Sargent’s paper about the credibility of “Reaganonomics.” http://minneapolisfed.contentdm.oclc.org/cdm/ref/collection/p15334coll1/id/366 http://minneapolisfed.contentdm.oclc.org/cdm/singleitem/collection/p15334coll1/id/366/rec/1 You might like this: http://www.ispot.tv/ad/7Lj9/ally-bank-predictions-featuring-thomas-sargent 1. What is a dynamic game? 2. Why should we think of monetary and fiscal policy as dynamic game? Who are the players and what are the strategies? 3. When are government budgets inflationary? (Again, think in terms of a game.) 4. What are the consequences if the monetary authority does not coordinate with fiscal policy agents? 5. Has Sargent done of good job characterizing the interplay between policymakers in the government, the central bank, and the public? 6. What is the connection between policy coordination and credibility? 7. Why, according to Sargent, were Reagan’s fiscal and monetary policy regimes “incredible?” Explain carefully. Assignment Three Due Date July 31 Read Taylor, Miskin, Obstfeld and Rogoff. Answer the questions for each article, then answer the final cluster that requires you to consider Miskin, Obstfeld and Rogoff. Suggested due date: January 2nd. Read John Taylor’s article about monetary transmission mechanisms. http://web.econ.unito.it/bagliano/ecmon_readings/taylor_jep95.pdf Also, to understand traditional monetary policy, listen to this: http://www.econtalk.org/archives/2008/08/john_taylor_on.html These questions refer to the article, not the podcast. 1. How does monetary policy (or changes in monetary policy) affect output and inflation? In other words, what is the monetary policy transmission mechanism? 2. What is the importance of financial market prices in Taylor’s view? 3. What is the importance of rational expectations and rigidities in the prices of labor and goods? 4. What is a reaction function? Why is a reaction function important? 5. What is an “optimal monetary policy rule?” 6. Has the monetary transmission mechanism changed? How? 7. What are the criticisms of Taylor’s views? How does he respond? What do you think? Read Mishkin’s article about global financial instability. http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.3 1. What is a financial crisis? 2. How did adverse selection and moral hazard contribute to the financial crisis in Mexico and East Asia in the 1990s? What are adverse selection and moral hazard? 3. Did irresponsible monetary and fiscal policy contribute to the crisis in the 90s? Why or why not? 4. How is it possible for the IMF to help in a crisis when a domestic central bank might not be able to help. 5. What should the US learn (or have learned??) from the crisis in the 90s? Read Rogoff’s article about global financial instability. http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.21 http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.13.4.21 Answer the questions and place the answers in the appropriate drop box in WTClass. 1. According to Rogoff, is the status quo in international lending viable or not? Explain. 2. Can the IMF handle international financial crises? Why or why not? 3. Rogoff gives six solutions to save the global financial system (deep pockets lender of last resort, an international financial crisis manager, an international bankruptcy court, an international regulator, international deposit insurance corporation, and a world monetary authority.) What is wrong with all of these? 4. Can developing economies cope with speculative capital flows without help? Explain. 5. What will be (should be) the role that equity financing play in developing country projects? Read Obstfeld on Global Capital Markets: http://www.nber.org/papers/w6559.pdf 1. Look at table 1 and figure 1. How does Obstfeld use the data in that table to suggest that 1) markets became less open then more open in the 20th century. 2. What is the “openness trilemma?” What are the economic and/or policy trade-offs with having a global, open and integrated financial system? 3. How does economic integration impact a nation’s ability to tax capital? Can you think of some high profile cases in the news lately that illustrate this fact? (Hint: you should be able to.) 4. What is the international diversification puzzle? What market failures have arisen (if any) have arisen due to more integration and openness? Comparing Obstfeld, Miskin, and Rogoff 1. Would the authors’ advice about policies to reduce the costs of financial integration be the same? Why or why not? 2. Would the authors’ agree that we need an international regulatory body to stave off international financial crises? Why or why not? 3. What is your opinion? Is it good to have a global financial market? Why or why not? Assignment Four Due Date August 7 Straight forward assignment: Read and answer the questions. Read Arnold Kling’s history of the policies that created the great recession http://mercatus.org/publication/not-what-they-had-mind-history-policies-produced-financial-crisis-2008 1. Using only the executive summary, what does Kling think caused the Financial Crisis of 2008? (Use only one sentence.) 2. One page 5, what is “the fact?” and what does this “fact” mean to you? 3. Briefly summarize the four components of the Financial Crisis? 4. On page 10, Kling states, “These property bubbles (in the U.K. and Spain) cannot be blamed on U.S. policy.” How confident are you on that point? Is Kling wrong? 5. Kling’s matrix of causes, gives almost all weight to what two factors? What three factors are almost completely not responsible? 6. Many have blamed designer financial (my term) like CDS and CDO and the shadow banking system for the collapse. How do these fit into Kling’s narrative? 7. Outline the progression of policy that caused/responded to economic conditions in the 30s, 70s and 80s and 00s. 8. What role did the mortgage interest deduction have on housing market? 9. What institution invented and allowed the expansion of mortgage-backed securities? 10. What is regulatory arbitrage? 11. Why did the Basel agreement create an advantage for mortgage securitization? 12. Did the Federal Reserve (and presumably other regulatory agencies know and even encourage regulatory capital arbitrage? What author does Kling cite to establish this? 13. What did the 2002 modification of the Basel Rules do to capital requirements? (See figure 4) 14. Summarize the Shadow Regulatory Committee’s statement 160. 15. Did non market institutions, such as the IMF and Bernanke, think, in 2006, that financial innovation had make the banking sector more or less fragile? 16. What is time inconsistency? (You can look this up elsewhere.) 17. How might “barriers to entry” by related to “safety and soundness?” 18. A Curmudgeon is an old man who is easily annoyed and angered. He also complains a lot. (I had to look it up.) I think I’ll change my xbox gamertag to this word, but I’ll bet it is taken. 19. How did credit scoring and credit default swaps enlarge the mortgage securities market? 20. Why, up until 2007, did we think that monetary expansion was all that was needed to mitigate the impact of financial crises? 21. Suppose that financial markets are inherently unstable. What does this mean are two goals of regulation and regulators? 22. Why are type two errors so problematic? (Two reasons.) 23. How could we make the banking sector easy to fix? Assignment Five Due August 13 Read the linked lectures and answer the questions. Lecture 1 http://econlog.econlib.org/archives/2008/11/lectures_in_mac.html 1.1 Why do you think macroeconomic realities must be reconciled with microeconomic analysis? (This is not a rhetorical question, but it will be hard for you to answer. There is no “wrong” answer you could give. Just think about it for a few minutes.) Lecture 2 http://econlog.econlib.org/archives/2008/11/lectures_in_mac_1.html 2.1 Consider this article after you have read Hayek. How do prices and wages perform the function of “central planning?” 2.2 Kling makes that claim that, because most workers do not do manual labor anymore, the economy is different that it was in 1930. Assuming he is correct, do you think central planning would be harder today or easier? Why? Lecture 3 http://econlog.econlib.org/archives/2008/11/lectures_on_mac.html 3.1 Give a one sentence definition of structural unemployment, of frictional unemployment and of cyclical unemployment. Lecture 4 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_1.html 4.1 So, why does the economy adjust employment rather than wages? Lecture 5 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_2.html 5.1 Kling gives 5 reasons the DotCom recession was worse than the previous two recessions (at least in duration). Which reason do you think is the most compelling? Lecture 6 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_3.html 6.1 Why are Keynesian remedies (blunt fiscal and monetary policy measures) less appropriate in a post industrial economy, according to Kling? Lecture 7 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_4.html 7.1 Why is it so hard to separate finance and government, according to Kling? Lecture 8 http://econlog.econlib.org/archives/2008/11/lectures_on_mac_5.html 8.1 Why is American Express Travelers Checks so interesting? Do credit cards work in a similar way? (I really don’t know the answer to this one. I just know that credit cards have made travelers checks obsolete.) Lecture 9. http://econlog.econlib.org/archives/2008/12/lectures_on_mac_6.html 9.1 According to this article, why do we have banks (financial sector or financial intermediation?) Lecture 10 http://econlog.econlib.org/archives/2008/12/lectures_on_mac_7.html 10.1 Why are banks better than barter, according to this leture? 10.2 Politics tends to favor bailouts of failed firms. Why is this exactly wrong?

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MIS 3000 – Introduction to Management Information Systems Excel Tutorial #5 (Spring 2014) Healthy Cooking Grading Criteria Do “Case Problem 3” on pages EX 322-323 of your Excel book. See details below. When you are done, turn in your Excel spreadsheet: Item Points Download the Cooking workbook (available on Pilot). Save your Workbook as HealthyCookingXXX (where XXX are your initials). Complete the Documentation Sheet: 1 – Fill in the Documentation Sheet, as directed Correct the Order Amount Filter Worksheet: ……..………………………………………………………………………….. 2 – Correct the errors in the filter (Step 3) Create the Sort Worksheet: 3 – Create a custom sort on the specified criteria – Use conditional formatting as directed in Step 8 Correct the Customer Type Subtotal Worksheet: 5 – Correct the Customer Type Subtotal Worksheet (step 11) – Complete step 12 to insert a count of orders for customer type Create the Pivot Table per Step 13: 4 – Use a slicer to filter the Pivot Table per Step 14 – Format the slicer to match the Pivot Table style Create the Pivot Chart as directed in Step 16: ……..…………………………………………………………………………..4 – Move the Pivot Chart to row 3 – Change the Chart Title as directed – Change the axis and fill colors as directed

MIS 3000 – Introduction to Management Information Systems Excel Tutorial #5 (Spring 2014) Healthy Cooking Grading Criteria Do “Case Problem 3” on pages EX 322-323 of your Excel book. See details below. When you are done, turn in your Excel spreadsheet: Item Points Download the Cooking workbook (available on Pilot). Save your Workbook as HealthyCookingXXX (where XXX are your initials). Complete the Documentation Sheet: 1 – Fill in the Documentation Sheet, as directed Correct the Order Amount Filter Worksheet: ……..………………………………………………………………………….. 2 – Correct the errors in the filter (Step 3) Create the Sort Worksheet: 3 – Create a custom sort on the specified criteria – Use conditional formatting as directed in Step 8 Correct the Customer Type Subtotal Worksheet: 5 – Correct the Customer Type Subtotal Worksheet (step 11) – Complete step 12 to insert a count of orders for customer type Create the Pivot Table per Step 13: 4 – Use a slicer to filter the Pivot Table per Step 14 – Format the slicer to match the Pivot Table style Create the Pivot Chart as directed in Step 16: ……..…………………………………………………………………………..4 – Move the Pivot Chart to row 3 – Change the Chart Title as directed – Change the axis and fill colors as directed

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