Friday, May 1, 2020
Does God Exist 2 free essay sample
Does God Exist? # 8211 ; Aquinas Essay, Research Paper Does God Exist? Since the beginning of clip, adult male has been fighting to reply the inquiry, how did we acquire here? What or who was responsible for the creative activity of life and the universe? It seemed natural to reason that at that place must hold been a higher power that created the world known by adult male. However, how does one turn out the being of such a God? This has been the major preoccupation of theologists and philosophers which began several hundred old ages before Jesus Christ, and has continued to be the topic of het argument of all time since. We readily accept the existence and everything contained within it, but can # 8217 ; t seem to hold upon how it got here in the first topographic point. After all, saying that God exists and so really turn outing His being are two different things, and the latter can turn out to be a instead dashing undertaking. Most early philosophers maintained that God most surely did be and attempted to utilize scientific statements to turn out their point. However, possibly the most quoted philosopher on the absolute being of God is non a scientist, but instead, possibly more suitably, a theologist. St. Thomas Aquinas was a pupil of doctrine and was influential in integrating doctrine into the spiritual philosophy, which provides the foundation for the contemporary Roman Catholic spiritual beliefs. Saint thomass examined the inquiry of God # 8217 ; s being in great item in his philosophical plants, Summa Theologica and Summa Contra Gentiles. He wrote, # 8220 ; Get downing with reasonable things, our mind is led to the point of cognizing about God that He exists, and other such features that must be attributed to the First Principle # 8221 ; . Aquinas had the typical philosopher outlook by asseverating that it can non be merely simply accepted that God exists, since this contention is non instantly evident. It is a declaration that must be proven. In other words, religion entirely is non sufficient adequate grounds to reason that God exists. Aquinas pointed out that what may be conceived in the mind does non needfully exists in world ( Grace, 1996 ) . To do his ain instance sing this issue, Aquinas established his five standards on the being of God through Summa Theologica, the first three of which became known signifier the footing of the cosmogonic statement corroborating God # 8217 ; s being. The five ways Aquinas used to corroborate the being of God all stemmed from a first cause statement. In other words, life perpetuates itself as one cause prompts the happening of an event that becomes the cause for a subsequent event and so on through eternity. However, at some point, there had to be a first cause, which set these wheels into gesture, which is the being normally referred to as God. In the First Way, Aquinas established that everything that is finite undergoes alteration, and by following these consecutive alterations, finite adult male is finally led to God. Until this happens, finite objects can non be changed. Aquinas # 8217 ; Second Way is based upon the theory of causality, which is a elaborate account of how the foremost cause is the lone account for continual # 8220 ; cause and consequence # 8221 ; of the existence. Following, Aquinas established the standards of a # 8216 ; necessity # 8217 ; of being. In other words, something can non come from nil. There had to be a transeunt being in topographic point for all being to germinate. He wrote, # 8220 ; We discovery in nature things that are possible to be and non to be # 8230 ; . But it is impossible for these things to ever be, for that which is possible non to be at some clip is non. Therefore, if everything is possible non to be, so at one clip there could hold been nil in existence. # 8221 ; In other words, if there were no being historically, nil would be at the present clip. Since being is non in inquiry today, there must hold been an ageless being that started it all # 8211 ; God. By the 19th century, philosophers were non rather so content to blindly accept the being of God. Certain incredulity began to predominate, and this was reflected in the doctrine of the clip period. Possibly one of the most articulate spokesmen who argued against the being of God was British philosopher David Hume, the laminitis of the # 8217 ; disbelieving school of philosophy. # 8217 ; He openly criticized Aquinas # 8217 ; # 8220 ; foremost do # 8221 ; theory as an uneffective statement, inquiring, # 8220 ; What was the cause of the First Cause? # 8221 ; . He and others pointed out, rather justly, if every happening must hold a cause, what makes anyone conclude that it began with God? There has neer been a valid statement set uping God as the # 8216 ; First Cause # 8217 ; harmonizing to David Hume. Of class, it should possibly be pointed out that oppositions of Hume have taken the theological # 8220 ; high route, # 8221 ; keeping that it is assumed that in the moral order, everything Begins with God, and this is a procedure that is beyond inquiry. Furthermore, harmonizing to Hume, Aquinas # 8217 ; statement is philosophically flawed because he makes the premise that the features of the parts equal the features of the whole. In other words, merely because some effects in the existence may be attributed to a cause does non intend that the full existence can be traced to one root cause. After all, if God is the cause of the existence, this means that God is a cause onto Himself. Why can # 8217 ; t the creative activity of the universe be explained in similar footings? Staying ever the skeptic, Hume # 8217 ; s argument Michigans short of claiming that God does non be, which would be godlessness. Rather, he regarded his undertaking as projecting sensible uncertainty as to whether or non God exists, which is agnosticism. David Hume farther expounded on his unconventional spiritual doctrine in his 1757 essay, The Natural History of Religion. He suggested that people continued to believe in the being of God because they were conditioned to make so. Hume wrote: Our ascendants in Europe, before the resurgence of letters, believed, as we do at nowadays, that there was one supreme God, the writer of nature, whose power, though in itself unmanageable, was yet frequently exerted by the interjection of his angels and subsidiary curates, who executed his sacred intents. But they besides believed, that all nature was full of other unseeable powers, faeries, hobs, elves, sprits, existences, stronger and mightier than work forces, but much inferior to the heavenly natures, who surround the throne of God. Hume # 8217 ; s deduction is clear: If adult male did non believe in the being of God, he would incur considerable wrath from above. Hume continued by asseverating that literature had much to make with public perceptual experience of God and of His being. Ancient Greek poets bestowed upon their honored Gods homo qualities they knew their compatriots could easy associate to. It was this # 8216 ; nescient # 8217 ; ancient Greek position of God offered by the Grecian poets and Aristotle, upon which the God # 8217 ; s existence theory of Thomas Aquinas was based. Hume asserted that the original religion placed in God # 8217 ; s being grew from the uneducated multitudes that developed the myth of an almighty Perfect Being who was responsible for the creative activity of everything that could non be explained. These people could non explicate such natural phenomenons as lightning or temblors so they attributed them to some higher power. Today there are empirical, scientific accounts for these happenings. The possibility exists that someday scientific discipline will someway be able to turn out or confute the theory that God exists. With both points of position presented, which, if either, is right? Aquinas # 8217 ; statement, an admirable theoretical account of deductive logical thinking, is missing in scientific cogency. Hume argued, possibly right, that this historical description of a natural and moral order merely grew from adult male # 8217 ; s want to populate an ordered being, non from God # 8217 ; s being. Peoples will everlastingly be reasoning around their dinner tabular arraies about the being of God. Many take comfort in the belief that there is one Godhead who still exists in the existence, a perfect being who watches out for His # 8216 ; imperfect # 8217 ; kids. However, the statement that God exists because he was the # 8216 ; First Cause # 8217 ; of everything is excessively simplistic for the sophisticated mind to accept. It may be spiritually soothing to believe in the being of a higher power, but there is no incontrovertible grounds to propose that God was # 8216 ; the cause # 8217 ; of everything, therefore turn outing His being. As we approach the new millenary, incredulity prevails and continues to reign supreme. Grace, R. Jeffrey. A Report on Summa Contra Gentiles Book One: God by Thomas Aquinas [ Online ] . October 1996. Available: hypertext transfer protocol: //www.electriciti.com/~rjgrace/scg.htm. Hume, David. The Natural History of Religion [ Online ] . 1757. Available: hypertext transfer protocol: //www.utm.edu/research/hume/wri/nhr/nhr. Porter, Burton F. ( editor ) . Religion A ; Reason: An Anthology. New York: St. Martin # 8217 ; s Press, Inc. , 1993. Stairs, Allen. The Cosmologic Argument [ Online ] . March 1998. Available: hypertext transfer protocol: //brindedcow.umd.edu/236/aquinas.html. Titus, Harold H. , and Smith, Marilyn S. Living Issues in Philosophy ( Sixth Edition ) . New York: D. Van Nostrand Company, 1974. Thompson, Karl F. ( editor ) . Thomas Aquinas # 8217 ; Summa Contra Gentiles. Classicss of Western Thought: II. Middle Ages, Renaissance, and Reformation. New York: Harcourt Brace Jovanovich, 1973.
Sunday, March 22, 2020
Paralleles of Cosi and Cosi Fan Tutte free essay sample
Mozart are set in completely different times but both themes of the play parallel each other. Coos was set In sasss society whilst Coos Fan Tutee was set in 1790. Coos Fan Tutee is play about love and fidelity which parallels with what happens in Cost. On the surface they are parallel because Lucy is unfaithful to Lewis when they are In a relationship together lust as the women were in Coos Fan Tutee.But It Is much more than that. To really understand the parallels of the plays we must look at love and fidelity In depth. What really Is love? What is demonstrated throughout both plays Is that people have double standards towards love. In the Cost we see free love and characters that believe In free love such as Lucy, Nick and Doug. Free love Is the belief of having sexual relations according to choice, without being restricted by marriage or long- term relationships. We will write a custom essay sample on Paralleles of Cosi and Cosi Fan Tutte or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page They believe In freedom In doing whatever you want but this Is the complete opposite of how they treat the mentally Ill. They treat them with not dignity that makes them restricted to being behind walls of an asylum. Free love Is about freedom yet they are confined to their ward like traditional marriage because people fear them. This is not the definition of love. Louis Nora wants us to love each other and not stereotyping people by giving labels to people that we fear but instead wowing respect and compassion.That is what true love is. In Coos Fan Tutee we see two men test the love and fidelity of their girlfriends. This displays the double standards that men have on love. They believe that is alright to for them to test love. Mozart tells us that love needs to be equal that one side cant unfaithful and that is alright. Mozart is trying to make us question what love is, like Louis Nora did in Coos. For there to be love, it must be equal and this is the key theme from both plays.
Thursday, March 5, 2020
German Unification
German Unification German UnificationIn 1862, Bismarck became the Prussian chancellor, and he had huge plans for his country in the years to come. He intended to with unite Germany under Prussian rule. Bismarck thought that he could achieve these goals by controlling the people and making them believe in the same thing he did. Bismarck thought if he made the lower class believe in his thoughts and get them to vote his way he could use this against the liberals and Austria. He also believed that if he could get leaders of other countries to believe his ways this would play as a key part of obtaining his goal of German unification.Bismarck knew that to achieve his goal he was going to have to get the people on his side and stop other countries from fighting against him. He also knew there had to be war to reach his goal, but using his own army would make it look like he was trying to gain to much power.Preussischer MinisterprsidentBy the beginning of the 19th century in Prussia, the monarchy was already on shaky ground. Revolution had spread throughout europe, in economics, politics and thought. The philosophy of the enlightenment had questioned the rules and beliefs of the Christian church in Europe and the hierarchical feudal system in which wealth and political power rested with royalty and the nobility. The right of European kings and queens to govern with absolute power was questioned through passionate discussion of concepts such as human rights, liberty and the law. In England, monarchs had abandoned divine rule 300 years previously. Through the American War of Independence, it was declared that every man's had the right to "life, liberty and the pursuit of happiness" and that "whenever any form of Government becomes destructive of these ends, it was the right of the people to alter or abolish...
Tuesday, February 18, 2020
Te Uku - wind farm project Assignment Example | Topics and Well Written Essays - 2500 words
Te Uku - wind farm project - Assignment Example t which is the first of its kind in New Zealand was commissioned in 2010 and successfully built by a joint alliance between a giant electricity generating and retailer company known as Meridian Energy and WEL Networks which is a lines company (WEL Networks, 2010). At its full capacity, the Te Uku - wind farm project is estimated to have a potential of generating up to 65MW of electricity which is currently enough to power more than 30, 000 local New Zealand homes. This is critically important not only to the local populations but also to the government of New Zealand (NZWEA, 2010). For example, apart from the local benefits, the project not only adds to New Zealandââ¬â¢s growing portfolio of renewable energy sources but is also set to contribute towards the countryââ¬â¢s energy self sufficiency goals. This report provides a critical overview of Te Uku - wind farm project, reasons for its success as well as its potential outcomes to the region. The planning as well as the successful management of the Te Uku Wind farm project was primarily carried out and supervised by a team consisting of members from five different companies. For example, the principal project engineers who were largely responsible for overseeing the civil engineering design and delivery of construction materials were from Bloxam Burnett & Olliver Company. On the other hand, Coffey Geotechnics provided geotechnical consultancy for the project including inspections and certification of earthworks and construction of turbine foundations. The other companies that were involved in the planning and management of the project included Hick Spartan Joint Venture which was the main contractor for roading and earthworks including the construction of turbine foundations, Coffey Information which provided field and laboratory testing and Siemens New Zealand which was responsible for the construction of the wind turbines (WEL Networks, 2009). With support from a number of sub-contractors and sub-consultants, the
Monday, February 3, 2020
Why Do Students with Disabilities Drop Out of High School Essay
Why Do Students with Disabilities Drop Out of High School - Essay Example The study is focused in finding out the reasons why the special education students drop out, hence putting emphasis on the studentsââ¬â¢ experiences. The method to use in this type of study is the phenomenological approach which asserts that the meaning of phenomena can be understood through the experiences of those who are involved (Wiggan, 2008, p. 322). Research Questions Given this objective, the key question that will be answered in this proposed study is ââ¬Å"Why do students with disabilities drop out of high school?â⬠This chapter discusses how this question will be answered. Because it is a ââ¬Å"whyâ⬠question, the qualitative methodology was selected as it is more appropriate when contending with such abstract human behaviors, such as the act of dropping out of school. This proposed study requires a flexible research design because it addresses a human phenomenon that should also make space for behavioral factors. Hence, the qualitative methodââ¬â¢s objec tives of describing and explaining variations, relationships, individual experiences and group norms make it the most suitable for this study. For instance, when observing and interviewing participants, the set of interview questions determined beforehand should allow enough room for follow-up questions. This is by using a nonstructured format (Morocco, et al, 2006). Likewise, analyzing the data to be gathered will involve flexibility as categories that are not expected will arise and factors that seem inconsequential may became significant. The study may need to be adjusted in the coding and analysis of the data as these previously insignificant factors and categories may become more important in order to be able to present more accurate and comprehensive results. Design Qualitative research can ââ¬Å"see precisely which events led to which consequences and derive fruitful explanationsâ⬠(Miles and Huberman, 1994, p. 1). Moreover, it has a higher chance of being able to arriv e at unanticipated findings and new combinations and reationships (Miles and Huberman, 1994). These reasons are why the qualitative research design has been selected for this study as it can provide a clear view of why students with disabilities drop out of high school. It must be clarified that although quantitative data, such as statistics and percentages, will be used in the study, it only serves as supportive numbers that will lay the groundwork for this study. Furthermore, it is intended for this qualitative research to act as a precursive study for more accurate and extensive quantitative study on the same topic. Active Observation The study will employ a qualitative research design that will be based on active observation with ââ¬Å"a nonstructured format to allow for maximum flexibilityâ⬠(Morocco, et al, 2006, p. 140). The qualitative research design has been criticized by many for its supposed inexactness due to its ââ¬Å"interpretative, subjective, impressionistic and diagnosticâ⬠nature as it has been claimed that there are no unbiased observers (Thomson, 2007). However, when contending with abstract data, like ââ¬Å"the often contradictory behaviors, beliefs, opinions, emotions, and relationships of individualsâ⬠and in this case, the reasons why certain people act a particular way, active observation is best employed as its strength lies in its capability to be able to provide a textual characterization of complex events such as human experience (Mack, et al., 2005). Intensive Interview Data will be collected through intensive interviews of special education high school student dropouts through personal (face-to-face) meetings and via electronic mail (e-mail). An iterative questionnaire would follow the interview in order to elicit the
Sunday, January 26, 2020
The Psychology Of Fashion
The Psychology Of Fashion Over the second half of the last century, the body has emerged as an object central to our behavior and to our drive for meaning. Therefore, fashion, being in close contact to our bodies, has started to receive the attention of public, artists, and intellectuals. Psychology of fashion expression It is a common saying, that individuals play the roles associated with their individuality and rank in society. One always has the wish to have a job in a large company; such companies are usually image-controlled. Companies want their employees to have proper appearance to look successful. Conservative clothing is still the most accepted successful look for an individual. Not only that, but companies want individuals also to reflect the status and professional performance of the company first by the impression left by the way their employers dress. Those who are not playing roles associated with their positions in society appear as odd and not trusted this shows in being careful of what we do or say in their presence. Applying this to a customer employee interaction, the customer response should then be negative, and the impact of such negative response heightens and reaches higher administrative levels. Looking for a job is difficult especially if the aim is high, the way one manages his or her appearance may be an important key in giving a good first impression. The importance may mount to it may not matter what knowledge, approach or personality if one gets a wrong first impression. The answer to the question why employers encourage the image-control programs now becomes clearly comprehendible. The usual societys look for women is that they appear placid. Nevertheless, women began to take on stronger and more authoritative look probably since society approved for them to wear trousers. This reworked copy is still developing; and women now are taking on not to wear makeup, styling hair, and wearing what has always been a mens wear characteristic such as neckties. It is true that a necktie gives reflects accountability, reliability, astuteness, and status, thus, a scarf may not be enough neckwear for women. These body attachments are not only a form of fashionable clothing, but used also to show the uniqueness of an individual. When a job requirement is divergent communication with customers as in sales or public relations, important qualities for selection are good health and good- looking, as well as knowledge and familiarity with the product or firm. Nevertheless, not all managers appreciate these views; instead, they worry perhaps too much about the fashion outlooks, which can be a preference for selection. Psychological theories related to Fashion The bases of psychoanalysis theory as explained by Sigmund Freud are four principles: Organization of personality. Psychosexual phases of development. Instinctive psychological activity. Psychoanalytic method of psychotherapy. Many psychologists applied Freuds psychoanalytic theory to the study of fashion: Theory of shifting attractive zones Fashion historian, James Laver the art historian (1899-1975) theorized the attraction or seduction principle is what governs women fashions. For that, the main drive behind changes in women fashions was the wish to attract the opposite gender. On the other hand, what governs changes in mens fashions is the hierarchy (pecking order or ladder) principle meaning that fashionable mans style highlights the socioeconomic status more than anything else does. According to Laver, females dress, attracts males by discriminatively covering and hiding certain parts of the female anatomy. Thus, different fashions are based on shifting attractive zones. Fashion helps to keep interest in the body by building what can be called attractive capital that is covering up parts for longtime enough to build up a sense of delight when seeing them again. Sexual symbolism of clothing Alison Lurie the American novelist (born in 1926) applied the psychoanalytic theory in her description of what ones handbag communicates. Gender attraction is not all a handbag communicates. Its contents represent the contents of mind, or act as a portable identity clue. At the same time, however, the bag suggests magnet information in the eyes of the observer. A tightly closed, fastened, and folded purse points to a woman who protects her seclusion (physical and emotional). An open-topped heavily loaded bag, points to an open, trusting personality, which may call for approach. A handbag that has many compartments, points to a methodical organized mind or a woman who engages in many activities in life. A one-compartment handbag, on the other hand, points to the opposite especially if disorganized and mixed up. The executive woman who carries a handbag and a brief case together may have two opposing inconsistent characteristics. Lurie, in her book, also discusses the imagery associate d with mens wear (umbrellas, hats, ties, and walking sticks). Fashion is a way of self-expression. It allows people to transfer feelings and thoughts without saying a word, and if I may quote from Thomas Carlyle (the Scottish philosopher and writer 1759-1881); ââ¬Å"Society is founded on fashionâ⬠¦ If the cut of the costume signals intellect and talent, then the color suggests temper and heartâ⬠.
Saturday, January 18, 2020
Supply and Demand and Dell Laptops
1. 1 Origin of the report As a part of the ââ¬ËPrinciples of Microeconomicsââ¬â¢ course, this report has been assigned to me by our respected Professor Dr. A. K. M. Saiful Majid as a term paper. The topic has been decided after consultation with our course instructor and have been asked to submit an elaborate report on the topic. 1. 2 Objectives and scopes * Analyzing the demand and supply of Dell laptops. * Analyzing the current market situation of Dell laptops. * Analyzing the factors affecting the demand and supply of Dell laptops in Dhaka city. Analyzing the price elasticity of demand and supply of Dell laptops. 1. 3 Methodology The data needed to prepare this report was basically learned from the course and the workshop held by the instructor. The methodology used are follows Primary Data Source Secondary Data Source: 1. 4 Limitations While doing the term paper, I faced some obstacles. These are given below:- * The main limitation was the unavailability of information and its confidential nature. * Time constraint was a big problem in preparing the report. Another limitation of this report is organizationââ¬â¢s policy of not disclosing some data and information for obvious reason, which could be very much useful. * Lack of experience of this type project. * Minimum knowledge on Economics(half a semester). 2. 1 Product background A laptop, also called a notebook, is a personal computer for mobile use. A laptop integrates most of the typical components of a desktop computer, including a display, a keyboard, a pointing device (a touchpad, also known as a trackpad, and/or a pointing stick) and speakers into a single unit. A laptop is powered by mains electricity via an AC adapter, and can be used away from an outlet using a rechargeable battery. Portable computers, originally monochrome CRT-based and developed into the modern laptops, and were originally considered to be a small niche market, mostly for specialized field applications such as the military, accountants and sales representatives. As portable computers became smaller, lighter, cheaper, more powerful and as screens became larger and of better quality, laptops became very widely used for all sorts of purposes. The basic components of laptops are similar in function to their desktop counterparts, but are miniaturized, adapted to mobile use, and designed for low power consumption. Because of the additional requirements, laptop components are usually of inferior performance compared to similarly priced desktop parts. Furthermore, the design bounds on power, size, and cooling of laptops limit the maximum performance of laptop parts compared to that of desktop components. Bangladesh started importing laptops as early as 2002. Imports figures were not found accurately. 2. 2 Company background Dell, Inc. s an American multinational information technology corporation based in 1 Dell Way, Round Rock, Texas, United States, that develops, sells and supports computers and related products and services. Bearing the name of its founder, Michael Dell, the company is one of the largest technological corporations in the world, employing more than 103,300 people worldwide. Dell is listed at number 41 in the Fortune 500 list. [ Dell's headquarters is located in Austin, Texas. As of 2010 the company employs about 16,000 people in the facility, which has 2,100,000 square feet (200,000 m2) of space. As of 1999 almost half of the general fund of the City of Round Rock originates from sales taxes generated from the Dell headquarters. A board of directors of nine people runs the company. Michael Dell, the founder of the company, serves as chairman of the board and chief executive officer. Dell advertisements have appeared in several types of media including television, the Internet, magazines, catalogs and newspapers. Some of Dell Inc's marketing strategies include lowering prices at all times of the year, offering free bonus products (such as Dell printers), and offering free shipping in order to encourage more sales and o stave off competitors. In 2006, Dell cut its prices in an effort to maintain its 19. 2% market share. Dell first opened their retail stores in India. Dell started selling their laptops in Bangladesh back in late 2002. Since then they have been able to capture the greater market share(about 29. 91%). 2. 3 Market overview The laptop market can be described with tw o aspects- * The products that different sellers are offering are exactly the same. * The number of sellers and buyers are so numerous that each has a negligible impact o the market price. In economic theory, perfect competition describes markets such that no participants are large enough to have the market power to set the price of a homogeneous product. Because the conditions for perfect competition are strict, there are few if any perfectly competitive markets. Perfect competitive market seems a bit theoretical for Bangladeshi context. By considering these aspects of the laptop market, I concluded that the laptop market is a competitive market. Because each brands are selling laptops with same configuration, consumers have so many choices. Nobody can be a price maker because of the wide range of choices. Figure: Product life cycle 3. 1 Factors influencing demand 3. 2 Shift of demand curve The demand curve shifts in two ways. If any of the factors increases the quantity demanded, it is called an increase in demand and the demand curve shifts to the right. And if any of the factors decreases the quantity demanded, it is called a decrease in demand and the demand curve shifts to the left. Income If income of people in Dhaka city, people will buy more laptops. In that case it becomes a normal good. (i. a good for which, other things equal, an increase in income leads to an increase in demand. ) Price of substitute goods If the price of substitute goods (HP, Acer etc. ) rises, the demand for Dell laptops rises because people tend to shift away from their previous brands. Taste The brand Dell has captured the consumer loyalty of the techno fans of Bangladesh. A large number of this fan base is in Dhaka city. These consumers prefer Dell laptops to many other brands that are available in Bangladesh. Expectations Due to frequent IT and laptop fairs, people expect the price of Dell laptops to fall. So, they are willing to buy more Dell laptops. These fairs lead to a rightward shift of the demand curve. Number of buyers The number of laptop buyers in Dhaka city has increased in a very short span. This leads to a rightward shift of the demand curve. Besides these factors, there are some factors that causes the increase in demand for Dell laptops. IT fairs are frequently arranged in BICC, Agargaon. Dell provides various offers like discount, scratch cards in these fairs. This increases the demand for Dell laptops. IT fairs have increased the demand about 25%. The recent advancement of technology also has a major role in increasing the demand for Dell laptops. Due to recent introduction of Wimax technology in Bangladesh people has easy access to internet in different places. People are responding to this incentive and are buying more and more laptops. Figure: Shift of demand curve 3. 3 Current market demand The relation between the price of Dell laptop and the quantity demanded is negative to its price. Therefore, if the price of Dell laptop increases, the quantity demanded in Dhaka city will decrease and vice versa. Market demand is the sum of all the individual demand. To get the big picture about the market demand, I have surveyed two retail outlets of Dell laptops in Bangladesh- Computer Village and Flora systems. Previously the price of Dell Vostro 3450 was Tk. 55000 Computer Village sold 72 of these laptops and Flora sold 70 of these laptops. That means the market demand was 70 laptops. (Its only for one brand, one model and two showrooms, actually the market demand is the total demand of Bangladesh). The price has gone down to Tk. 49000 and the demand has increased to 80 laptops. A 12. 5% decrease in demand increased 15% quantity of laptop demanded. % Figure: Sale of Flora systems Figure: Sale of Computer Village Figure: Movement along the demand curve 3. 4 Forces influencing supply 3. 5 Shift of supply curve The supply curve shifts in two ways. If any of the factors increases the quantity supplied, the supply curve shifts to the right and vice versa. Number of sellers The more the number of sellers in the market, the larger the supply. The number of laptop buyers is increasing day by day. That is an incentive for the suppliers to come in the market as there is so much opportunity for them. Expectations As the demand is increasing rapidly, the suppliers are expecting that the price of the laptop will go up. That is why they are hoarding laptops to sell it later at a higher price. Technology It allows the producers yield more profit by making the production process more efficient and effective. Input price The production of laptops is more profitable when the components of laptops go up. As a result, supply of laptops increases. Government has introduced its development plan in relation to improvements in the economic conditions in Bangladesh. Digital Bangladesh within 2021 is the biggest example. In recent years, the government has reduced taxes, levied import duties on technology and provided grants for all the industries that have dedicated itself to nationwide technology spread and availability. Introduction of DOEL brand, which is a national company, is another big citation of how government has patronized the laptop market of Bangladesh. To meet the increasing demand, the supply of Dell laptops has increased. This leads to an increase in the supply of Dell laptops. Figure: Shift of supply curve 3. Movement along the supply curve The relation between the price of Dell laptop and the quantity demanded is negative to its price. Therefore, if the price of Dell laptop increases, the quantity demanded in Dhaka city will decrease and vice versa. The relation between the price of Dell laptops and the quantity supplied is positive. Therefore, if the price of Dell laptop increases, the quantity demanded in Dhaka city will incr ease and vice versa. The number of sellers has increased over the years. There are many outlets of Dell like Computer Village and Flora systems. As the number of individual suppliers is increasing, the market supply is also increasing. Due to increase in profits and laptop price, the supply of Dell laptops has increased. Figure: Movement along the supply curve 3. 7 Equilibrium Market price always tend to move towards the point where the demand curve and the supply curve intersects. This point is called the equilibrium point. It is the point where the quantity supplied equals quantity demanded. At this point, buyers are fairly satisfied with the price and sellers are also satisfied with the amount of profit they are making. The price at this point is called the equilibrium price and the quantity supplied or demanded is called the equilibrium quantity. I have calculated weighted average of the whole Dell range keeping certain parameters- * The lowest offering of Dell is Tk. 23,000. * Highest price Tk. 1,75,000. In laptop fair 2011 the lowest price sold 8 units and highest price sold 1 unit. Weighted average = {(8? 23000) + 175000}/ 9 = 40000 So the equilibrium price of Dell laptops is Tk. 40000 and the equilibrium quantity is 9 units for laptop fair 2011. FIGURE:EQUILIBRIUM 4. Price elasticity of Demand: As the buyers can switch to HP and other brands if the price increases, so the demand for Dell laptops are elastic. Laptops of various brands like HP, Acer, Asus, Samsung, Compaq are available in the market. HP provides the consumers with almost the same quality as Dell and brands like Acer and Asus provides the consumers laptops of same configuration at a cheaper price. Dell laptops are attractive, shin y and have sleek metallic body. Also people prefer it because of its comfortable weight and its easy to carry. We can classify Dell laptops as luxury good. The demand for Dell laptops is inelastic over a larger time period. Because if the price of Dell laptops rises, it will take time for buyers to switch to another brand. But, eventually in the long run the price of other similar brands being lower than Dell laptops would have buyersââ¬â¢ interest turning to them. Figure:Elastic demand of Dell 4. 2 Income elasticity of demand and cross price elasticity of demand Dell laptops are normal goods. Higher income raises the quantity demanded. Since Quantity demanded and income move in the same direction, Dell laptops have positive income elasticity. Again, since Dell laptops is a luxury good, it has a relatively larger income elasticity because consumers feel that they can easily switch to other low priced laptops consisting of similar configuration like Acer, Asus etc. Dell laptops has many substitutes like HP and other low priced Acer, Asus, Fujitsu etc. So, if the price of Dell laptops rises, the quantity demanded for these substitute goods will rise and eventually, the cross-price elasticity of demand of Dell laptops will rise (positive). Again, there are many complement goods to Dell laptops like laptop bags, headphones, pen drives, laptop cooler, portable hard disk etc. hat are used along with it. So, if the price of Dell laptops rises, the quantity demanded of these goods would fall and ultimately, the cross-price elasticity of demand of HP will fall (negative). 4. 3 Price elasticity of supply The supply of Dell laptops is almost inelastic i. e. as price changes the quantity demanded of Dell laptops doesnââ¬â¢t change significantly. Sellers have a tendency to keep the supply unchanged whatever is the price. Figure: Inelastic supply Being in a competitive market, Dell cannot set the price. The consumers of Dell are satisfied with the service that it provides. So, most of the consumers are brand loyal and they will stay loyal until the scenario changes drastically. So, it can be said that Dell has a little competitive advantage over its competitiors. The IT sector of Bangladesh is developing in a fair pace. Using computers in educational purposes is increasing rapidly. As laptops are easier to carry and use, it can serve this purpose very well. Government has reduced taxes, levied import duties on technology. Bangladesh has recently started manufacturing laptops to supply the laptops to the ones who cannot afford the costly foreign brands. Bangladesh needs to assemble laptops to increase market growth. Steps should be taken to make the laptops affordable to the general public. 1. www. wikipedia. org 2. www. banglapedia. org 3. www. webbangladesh. org 4. www. thedailystar. net 5. www. prothom-alo. com 6. www. newnation. com 7. Principles of Economics, 3rd Edition, N. Gregory Mankiw 8. The Economist, September 2011 9. Computer Jagat, August 2011 Survey questionnaire 1. Do you use laptop or desktop? ââ¬â 70% use laptop, 30% use desktop 2. Why do you use laptop? -easy to carry 62. 9%, net use 24. 3%, office work 12. 8% 3. Which brand do you prefer? -29. 91% Dell, 24. 2% HP, 14. 3% acer, 9. 4% Compaq, 8. 6% Samsung, 4. 3% Toshiba, 4. 3%fujitsu, 2. 9% apple 4. Why do you prefer this brand? -38. 6% use for configuration, 24. 3% use for comfort, 21. 4% use for attractive looking, 15. 7% for long last assurance. 5. For which do you give importance? -56. 7% for price, 29. 4% for configuration, 12. 9% for brand 6. Do you think that supply of laptop is enough? -57. 1% think enough, 42. 3% think not enough 7. What can increase demand of laptops? -61. 4% cheaper rate, 15. 7% more wireless free zone, 22. 9% user developed Thank you!
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