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The Cost of Tuition Among Colleges and Universities in...

The cost of tuition among colleges and universities is highly diversified and indefinite. Students shouldn’t be financial problems that are associated with the high tuition cost for their education because it creates unnecessary stress and financial problems. The student’s primary concern should be their academic performance and learning. The tuition fee includes extracurricular expenses such as lifestyle amenities that may not be essential toward the student education yet they are still being charged for it. Universities and colleges are lacking a stable and regulated tuition system to provide a better education for a reasonable price. The high tuition cost affects the academic performance, enrollment in higher education, and increase†¦show more content†¦It is not fair to the students who are seeking various academic selections for their career path. Many students are relying on financial aid, mainly student loans, to pay off their school fees and essentials needed. The loans leave off students with a sum of debt to be paid off after completion of their education, creating stress for the individuals. The increase in available loans led to decrease in government support and increase in tuition rates. Colleges and universities can generate their own variables in determining the market for the price being charged to student in their courses, creating an unstable and inefficient market. Health care has guidelines from government that hospital and health care providers need to meet. Guidelines for higher education will help set standards in the cost of tuition and eventually balance the market within higher education schools. The government can easily establish a set of policies that will help regulate the flow of money in schools. Some schools just have too much staff and others might be paying some staff too extensively. The balance in the market will help ease the situation for students involving their financial status. Many students with great potentials that could benefit the society choose not to go to college because to their financial limits. People with potentials that could revolutionize medicine could be stuck in a poor high school child that cannotShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesOrganizational Behavior This page intentionally left blank Organizational Behavior EDITION 15 Stephen P. Robbins —San Diego State University Timothy A. Judge —University of Notre Dame i3iEi35Bj! Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Editorial Director: Sally Yagan Director of Editorial Services:Read MoreDomino Pizza 2013 10k83576 Words   |  335 Pagessystem, in turn, has produced strong and consistent earnings for us through royalty fees and through supply chain revenues, with minimal associated capital expenditures by us.| 3 |†¢?| |Strong store-level economics. We have developed a cost-efficient store model, characterized by a delivery and carry-out oriented store design, with low capital requirements and a focused menu of quality, affordable pizza and other complementary items. At the store level, we believe that the simplicity

Population Statistics and Current Demographic †MyAssignmenthelp

Question: Discuss about the Population Statistics and Current Demographic. Answer: Introduction The business journalism has always held a saying that when America sneezes, the whole world will often catch a cold. The metaphor has been used to extenuate the large size of Americas economy in comparison to other economies in the world and its immense significance and influence on other economies. However, China has risen to overtake the United States as the leading global economy. Since 1990 (when Chinas economy was at its weakest), Chinas economy has been improving reaching its peak in 2015 when it overtook the United States in the value of trade value which amounted to $3.96 trillion. However, after the faced-paced rate of economic growth, it is evident that Chinas economy is on a decline. The growth pace started easing in 2015 by 0.3 per cent from 7.4 percent; in 2016, the growth rate slumped further from 7.1 in the previous year to 6.9 percent. Most countries in the world have been highly dependent on China for both imports and exports. More specifically, China have served as Asians main trading partner and as main importer of the latters iron core. The slump in economic growth witnessed in China has led to a decline in the prices of non-oil and gas exports coupled with a decline in the value of imports that Indonesia imports from China. What will be the impact of this on Indonesias economy? The paper starts by briefly analyzing the major reasons behind the slump in Chinas growth rate and then proceeds to laconically extenuate the interrelationship between Chinas economy and Indonesias economy and the transmission channels in which a shock and shake-up of the formers economy will reach the latters economy. The paper then focuses on the real impact that the slowdown will cause before providing some recommendations as a conclusion. As a starting point of our analysis, it is paramount to point out some of the causes of the declining rate of growth in China before proceeding to succinctly analyze the impact that the slowdown will have on Indonesias economies. Key factors that have influenced China growth rate have been its vast human resources (Inoue et al., 2015), long-running export bloom (Jane and Rod, 2012), and its huge investment as a percentage of its GDP (which is approximately 50%). The huge investment has been fuelled by Chinas effort to bridge the gap in its transport and house investments. Zhao (2012) notes that the gap is now closed. Even more worrying is the fact that labor surplus in china is almost fully exploited with the alternative sources of labor being prohibitively expensive for China. Zhao (2012) further argues that, after Chinas export rate dropped from 20% to 9% in 2012 as a result of the global economic recession, China is unlikely to recover from this shock. Brynjolfsson and McAfee (201 4) further argues that due to the loss of momentum of the key drivers of its economic growth (exports and investment), Chinas economy has reached its limit. All these factors have served to cause the declining rate of economic growth in China. The Interrelation between China and Asian economies and Transmission Channels between the two Trading Partners The trade relationship between China and Indonesia have led to the latter intensifying its economic ties with the former (Morris, 2011). Between 2005 and 2014, the export rate of China to the Indonesia have been dramatically increasing from $ 19.7 billion in 2010 to $ 30.5 billion in 2014 (Anderson et al.,, 2015) while the imports from the same countries have been on an increase by an approximate rate of 9.2 % between the same period. A study conducted by Porter (2015) further serves to cement the trade relationship between China and Indonesia. The study emphasized on the massive rise of China significance, impact, and relevance in Indonesia in the past four decade. Chinas share of total trade in Indonesia have doubled in a period of ten years (between 2004 and 2014). This has led to China overtaking the United States, Japan, and the European Union as the most influential and largest trade partners of most Asian economies and more specifically Indonesia (Summer, 2015). Having establi shed the relationship between the two economies discussed above, we proceed to discuss the channels through which Chinas economic downturn will impact on the Indonesias economy. Trade linkage/relationship undoubtedly serves as the main economic relationship between Indonesia and China (Zhai and Morgan, 2016). This will be the main channels through which any shock, prosperity, or uncertainty will flow between the two economies. However, the impact that each will have on the other depends on the strength of the ties and the extent to which each economy is dependent on the other. It is, however, important to observe that Indonesias economy relies more on the Peoples Republic of China more than the latter depends on it due to its (Chinas) several trading partners (Duval et al., 2014). The rate of economic growth slump in China will have both direct impact as well as in-direct impact owing to Chinas trade relation not only with Indonesia but also with other countries in the world. The Direct Impact Morris (2014) argues that the Slowdown witnessed in China will flow to other Indonesias economy by significantly affecting the rate of export and imports between the two regions. In the last three decades, China has remained the single most significant consumer of the final goods (mainly gas, coal, crude palm oil, and non-oil products) produced in the Indonesia. Consequently, as a result of the slump in its customers economy, Indonesias exports will undoubtedly decrease of decline in the commodities prices. Economists further predict a long-run effect where the decline in the exports will cause a decline in Indonesias balance of trade coupled with a decrease in the national income through what Van der (2015) explains as the multipliers effect. As earlier explained, one of the major causes for the decline in Chinas economy is the exhaustion of the countrys labor surplus. As such, the country have turned to expensive alternative means of labor; a fact that has served to increase the cost of production. Consequently, the exports from the country have become prohibitively expensive. Indonesia being a main importer of goods from China will inarguably feel the pinch due to its deteriorating balance of trade as a result of increase in the imports value. It is, however, important to note that the import value will not increase as a result of increase in quantity but as a result of increase in the products prices (Rifkin, 2011). Moreover, given the fact that the exports from Indonesia will be curtailed, the manufacturing sector in the country will be affected massively. Summer (2015) correctly observes that Chinas economy has had a huge positive impact on several countries across the world. These countries (for instance Thailand and Vietnam) also act as trade partners for Indonesia. As such, the inescapable conclusion at this point is that the slowdown in the rate of economic growth in China will affect all its trade partners which will indirectly return to haunt the Indonesia through what Gauvin and Rebillard (2015) describes as second-round demand effect. IMF (2011) observess that China has become the leading importer of copper and steel coupled with other raw materials. As such, decline in Chinas economic growth rate will not only affect the prices of these commodities but also the quantities exported. In extension, these countries will reduce their imports from the Asian countries or increase the price of their exports to bridge the gap. The simulation results of a study conducted by Gauvin and Rebillard (2015) found out that the Indonesian economic growth rate would decline by an average of 0.46 percent for the next five years as a result of economic slowdown in China. Commodities sector in not only Indonesia but all of Chinas trade partners will be affected the most (Hana, 2016). More notably, coil, oil, and gas will experience the largest loss owing to the fact that their export is dependent on Chinas consumption of these resources. In an attempt to boost its export performance, China might be forced to devalue its currency. If Indonesias exports are to remain competitive, the country will also be forced to devalue its currency a fact that will haunt companies in Indonesia that imports raw materials. Conclusions Given the huge dependence of Indonesias economy on the Chinese economy, it is inarguably true that a slowdown in the rate of growth of China will have even a bigger impact Indonesia. The major impact will be felt on Indonesias commodity market (coffee, textile products, crude palm oil, and cocoa) with exports declining due to the low demand in China. As such, the old adage that if plan A fails, the alphabet has 25 more characters, holds. It is time for the Indonesia to look for an alternative market for its products; mainly crude palm oil, gas, and rubber products. One key alternative would be to turn to the United States and India as alternative strong trade partners. However, it would be vital to analyze the impact that the slowdown in Chinas economic growth rate will have on these countries before rushing to them for refuge. It is notable that most of the economies in Asia generally have a huge exposure to the US economy. Indonesia should also institute economic reforms to spur it s own generated economic growth as China did to offset the impact caused by China. In conclusion, the economic slowdown in China will have a negative impact in Indonesian economy through a decline in exports and rise in prices of imports. Likewise, Asia's economies. As a result, trade partners of the Asian countries will be indirectly affected. Bearing in mind that the current size of the Chinese economy, its slowdown is expected to affect many countries across the globe apart of the sates in the Asian continent. However, this can be mitigated by looking for alternative markets for exports and commissioning of economic reforms such as encouraging the consumption of the countrys products by its citizens. However, this can be mitigated by looking for alternative markets for exports and commissioning of economic reforms such as encouraging the consumption of the countrys products by its citizens. References Anderson, D., Krijenko, C., Drummond, P., Espaillat, P., and Muir, D. (2015). Spillovers from China onto sub-sahara Africa. Insight from the flexible system of global models (FSGM). IMF working paper WP15/221. Washington DC: International Monetary fund Brynjolfsson, E., and McAfee, A., (2014). The second machine age: Work, Progress, and Prosperity in a Time of Brilliant Technologies. W.W. Norton Company; New York Duval, R., Cheng, K., Saraf, R., and seneviratne, D. (2014). Trade Integration and Business Cycle Sychonisation: A Reappraisal with Focus on Asia. IMF Working Paper WP14/52. Washington, DC: International Monetary Fund. Gauvin, L. and Rebillard, C. (2015). Towards Recoupling? Assessing the Global Impact of a Chinese Hard Landing through Trade and Commodity Price Channels. Banque de France Working Papers No. 562. Paris: Banque de France. Hana, S., (2016). The current economic situation in China and its impact on the Czech republic, Perspective in Science 2016 (7): 39-44 International Monetary Fund (IMF). (2011). Peoples Republic of China: Spillover Report for the 2011 Article IV Consultation and Selected Issues. IMF Country Report No. 11/193. Washington, DC: International Monetary Fund. Inoue, T., D. Kaya, and Ohshige, H. (2015). The Impact of Chinas Slowdown on the Asia Pacific Region: An Application of the GVAR Model. Policy Research Working Paper Series No. 7442, Washington, DC: World Bank. Jane, G., and Rod, T., (2012). Chinas Gender Imbalance and its Economic Performance. Universityof West Australia Morris, I., (2014). The Measures of Civilisation: How Social Development Decides the Fate of Nations. Pricenton University Press; New Jersey Morris, I., (2011). Why the West Rules-For Now: The Patterns of History, and What They reveal About The future. Picardo, New York Porter, L., (2015). Social Progress Index, Executive Summary. Social Progress Imperative: US Rifkin, J., (2011). The Third Industrial Revolution: How Lateral Power is Transforming Energy, The Economy, and the World. Palgrave Macmillan; New York Summers, L. 2015. Grasp the Reality of Chinas Rise. Financial Times. 8 November. van der, D., (2005). LINKAGE Technical Reference Document: Version 6.0. Washington, DC: World Bank. Zhai, F., and Morgan, P., (2016). The Impact of the Peoples Republic of Chinas Growth Slowdown on Emerging Asia: A General Equilibrium Analysis, ABDI Working Paper Series (560): 1 27 Zhao, Z., (2012). Reflection on Chinas recent population statistics and current demographic situation in Chinese cross currents, July: 44-57