Application of Ict in Classrooms in Rural Area Essay

Abstract This project discusses how class room education without ICT has become one of the major problems in rural area, to be specific Fufore local Government area in Adamawa state. Class room Education in rural area is not as effective as the ones in urban schools, because of their poor standard of learning, lack of communication, information, qualified teachers in rural schools and they lack ICT facilities to help them and provide awareness of modern standard of teaching. So, this project shows how implementation of ICT in class rooms can help these students, its benefits from implementation, challenges and also expectations from results. It involves how the state Government, private organisations and private sources will come together to make this success by providing the necessary materials, ICT services such as computer workstations, projectors, power supply via solar energy, trained computer experts that will show the school how to manage these resources, internet connectivity and basic infrastructure by the Government for these Fufore nursery/primary schools for better education and better knowledge of ICT and how it will greatly affect and have a positive influence to these students and finally this implementation will only benefit the students only but also the teachers who don’t have computer skills. Introduction This project is focused in implementing ICT in rural area, and the case study is on fufore local government in Yola. As we all know rural areas in Nigeria lack quality and basic education, when you talk about education in rural area what comes to our head is low standard of learning, poor education, not well equipped class rooms for student’s education or lack of proper infrastructure suitable for education. An article defined rural education as: There is little dispute that basic education1—often characterized as the reading, math, and other skills and knowledge taught in the first four years of primary school—is critical to economic and social development. Without basic skills, according to one definition, a person cannot comprehend the instructions on a bottle of medicine or a bag of fertilizer or read a government notice. Neither can the person compute a bill or write a letter. Without basic skills, it is impossible to develop one’s potential or to contribute in anything more than a rudimentary manner to society (Greaney, 1999). (Moulton, 2001) Fufore Local Government is settled area in the southern part of Adamawa with five major languages known as Fulani (largest), Bata, Verre, Laka and Pere, it consist of 1500 people that live there, most of them engage in cattle rearing, poultry, farming etc. When i went to observe these schools i noticed there were at least 300 children that went to both nursery and secondary schools, but the problem is they lack facilities that will make these students feel they are learning which makes some students even drop out of schools and start engaging in house work activities. This project focuses on schools in fufore that need ICT services to improve student’s knowledge and ability to learn in order for these schools to have equal education as the students in urban schools, if students in the rural area are not given equal education as students in the urban area there is a result of inequality. â€Å"Unequal tools in an unequal environment create unequal results† (Ukpe, 2010). Implementation/ Application of ICT in class rooms in rural area is going to benefit the society as a whole, and both the teachers and students. It goes a long way to help the society, because when students start using ICT in classrooms some of their friends at home will also find it interesting this will make them also want to start schooling and know what school is about. This study will also be used as a case study to many parts of rural areas in Nigeria, making them aware of how value ICT is in our generation and also making these local students to fit into any schools they find themselves in in urban schools because this implementation of ICT will  not only make these students concentrate on just computer and information studies they will also learn how to apply the knowledge in their various courses. Methodology In order to have reasons for the implementation of ICT in classrooms, i will have to compare this primary/secondary schools in rural area with the once in urban. The methods i used are personal observation, interview and online research (internet). We can see most urban schools have well functioned classrooms with well equipped IT services such as using projectors in class rooms, computers, wireless LANs, File management using databases. In order to convince these organisations we have to state the reasons why we think ICT is important for these locals in rural area. Just looking at an example of an urban schools such as Abti Academy in Yola, Capital science in kuje, El-Amin International school in Minna; we can see they all have what it takes for them to have a well knowledge of what IT is all about, they do class interactions, they submit their works in timely manner especially the senior students, it broadens their minds which they can relate to other courses and apply them when necessary, The students have full access to the lab to do research, take courses in computer education, type documents and gather information on relevant topics for their coursework and from every observation i noticed that schools in the urban area have high rankings in their external and internal exams such as mock exams, WEAC exams . In order to know what is really the problem of these schools towards their lack of ICT knowledge an interview was taken with most principals in these rural schools shown below. 1. Do you know what a computer is? 2. Do you intend to learn how to use it and do you intend to teach these students if you have the chance to? 3. Do you own a computer? And do you know how to surf on the internet with it? 4. What do you think about implementing ICT in classrooms? 5. How do you think it will affect the students? Interview Summary: Results  The interview was conducted with three different principals of three different areas in fufore, but all their answers were closely the same. They stated they’ve had an experience using a computer, that it would be great to have such an opportunity to use computers and other IT services in their schools, it will surely help the students and enlighten them about what the world is all about now. They stated that they’ve all being provided by the school with just one computer and an internet connection, and in a rural place like fufore I believe there is a limited amount of power supply which makes it even more difficult to use this computer by anyone. They stated students in their area are in need of ICT in classrooms in order to making teaching easier for both the teachers and students, they also have a problem with their teachers who don’t acquire computer skills, it will be difficult for them to teach and guide these students through. ICT will greatly affect and have a positive influence on these students, they will have an opportunity to be going for national competitions because these services will not only improve them in one area, they will also have the ability to speak proper and fluent English, they can also learn how to type by doing their course works on their computers and doing research on the internet which will even help the senior students in history classes. They also mentioned that students in this area are always willing to learn, so it won’t be a problem for them to get used to it. Development and Implementation of ICT in class rooms in rural area: Fufore LGA Through ICT in rural schools it will expand the access to student’s education, now that technology is one of the things that help us develop in this world. So we have to make the rural schools aware of that which will greatly affect both the students and their lectures, it will also make them aware of what is happening in our world today (News) by browsing on the internet, also help them improve interactions in terms of video conferencing and distance learning; through video conferencing it will enable to share ideas and know about other courses that are not offered in the school. ICT is an extensively strong technology for extending and expanding educational opportunities in formal and informal ways, in this case rural schools. ICT is a technological development that reflects the new society and has its place within education. However, as with many new initiatives, ICT obviously has its problems that over time will be addressed. Meantime, ICT should continue to be promoted to assist with education and learning. I will heartedly agree with anyone who states that ICT is a valuable tool for both teaching and learning – speaking as someone who got the last lessons plan for my teaching from the Internet- but I can’t help feeling that the emphasis on the use of ICT detracts from other current ‘sexy’ education issue – socialisation. I believe that developing teachers’ social and counselling technique is a greater priority than their ICT skill (Sime & Mark, 2005). Access to remote learning resources: when this implementation is done, with the use of internet, teachers and students will no longer have to depend on textbooks for learning or even buy them due to how expensive they can be, they teachers can just find textbooks on the net and direct the students to access them too. With the use of Internet services you will find a means of learning materials or tools in almost every subject and can be accessed every day at anytime and also by unlimited number of people that can use it. This is significant for many schools in developing countries. Students will have control towards self learning: For example, teachers can just give a research paper as an assessment for the students, during that research they also learn a lot through searching and browsing different articles. This also broadens their minds to also think fast, observe the situation of the research, allowing their minds to take over and have control of what they are doing and also making their own opinions and what they think. Motivation to learn: the use of multimedia computer software that include sound effects, pictures can be used in learning process for people in rural areas, also as interactive radios and other performance. This will motivate the locals to learn because it’s new to them and then i believe that some locals tend to understand pictures or graphics rather than reading them that way they understand better. Use of modern teaching tools: in rural areas they still have an old way of teaching their students; some don’t even have notebooks, or other writing materials. Through ICT, students can learn how to manage their files on computers rather than writing notes in their notebooks, also teachers have PowerPoint to present to the class by that they can just write short notes on what the teacher is talking about. In order to improve the school from my own point of view it needs these requirements for students to have a basic idea of ICT is about. 1. Provision of hardware resources for internet connectivity such as WAN, LAN, MAN. 2. Software packages for learning or academic related CDs which they can install in their computers to improve self learning. 3. Television for the nursery school students because children in nursery school learn faster with images rather than using books, and Projectors for the primary and secondary students. 4. A well functional and equipped computer that contains at least 15 computers. 5. Power supply via solar energy, because electricity isn’t that reliable and effective in rural areas, and besides this implementation is based in fufore which is always sunny every day. So solar would be a good source of electricity. These implementations can be done with the help of private organisations and even the government, we all know nothing is free; these organisations can get profit out of this successful implementation and project. They will keep implementing ICT and improving other schools in this area. Since i noted that not all teachers have enough computer skills to handle the students learning or to control these equipments, the organisations also have to supply the schools with well trained teachers/experts to show them how to take care of things just for some time. This is an expensive and vital project due to many resources that are needed, power supply because without power supply these resources are just going to end up being there without no one using it and also this is the future of our children to enlightened them and making them have a knowledge of IT, making them have the same and equal education the urban schools are having so they won’t feel left out. After these resources have been implemented and are already in use, in observation we are going to experience and expect these changes in the schools: †¢ The students should have the ability to think as fast and be smart like the students in urban schools and also their results will likely match up. †¢ An increase in the students that will enrol in schools because most students in rural areas don’t really care about education, some are drop outs and with a new system it will motivate them to also learn like their friends. †¢ Will be able to compete in national competitions with other schools. †¢ Know how to use these ICT services provided to them and also apply them when necessary Conclusion From all observations we can see how value education is and rural education cannot be compared to the urban because they have more experience in ICT than the locals have. ICT in class rooms has a lot of advantages and benefits to our daily life now, makes students acquire skills, skills that will take them to the next level, skills that will improve their way of thinking and will also change their lives because after school they can go to these urban areas and get a good job instead of staying in their area and doing the basic occupation such as farming. Technology is part of our world now and its used in our daily activities, with the aid ICT in class rooms they will have access to distance learning which will enhance their learning skills and ability, not only within the class room but globally or worldwide. In order for these students to be equal with students from other developed schools, they need to be given a chance; they need to be given the opportunities that are being given to the more fortunate schools/students. Nigerian Government, private organisations and private sources have to come together to make this possible for our generation and also to help the nation. References Ayaga, T. (2009, November 19). Fufore Area Council As Adamawa’s Development Pivot. Retrieved July 27, 2010, from all Africa. com: http://allafrica. com/stories/200911190399. html ICT in Education/The Promise of ICTs in Education. (2007, June 20). Retrieved July 27, 2010, from WIKIBOOKS: http://en. wikibooks. org/wiki/ICT_in_Education/The_Promise_of_ICTs_in_Education Moulton, J. (2001, January). Improving education in rural areas: Guidance for rural development specialists. Retrieved July 28, 2010, from http://www. tanzaniagateway. org/docs/Improving_education_in_rural_areas_guidance_for_rural_develo pment. pdf Sime, D. D. , & Mark, G. (2005). Student teachers’ firt reflections on ICT and Classroom Learning: implications for initail Teacher Education. Retrieved July 27, 2010, from https://dspace. stir. ac. uk/dspace/bitstream/1893/135/1/priestley-jcal-2005. pdf Tinio, V. L. (2002). ICT in Education. Retrieved July 26, 2010, from http://www. apdip. net/publications/iespprimers/eprimer-edu. pdf Ukpe, E. (2010, July 7). ICT in Education(Himself).

Qantas Dispute

Qantas dispute heads to umpire, more pain possible Kelly Burke, Matthew O'Sullivan, Jessica Wright November 22, 2011 [pic] Alan Joyce†¦ â€Å"the winners out of this are our customers†. Photo: Dallas Kilponen THE Qantas dispute will drag into next year and there is a threat of further legal action, with negotiations between the three unions and the airline collapsing within hours of the mandated deadline. Despite a push by the Transport Workers Union to extend the 21-day negotiation period, yesterday afternoon airline management walked away from talks with its ground crew, including baggage handlers and catering staff, less than an hour after doing the same with its long-haul pilots. Late in the afternoon, Qantas and the third union locked in dispute, the Australian Licensed Aircraft Engineers Association, agreed to call it quits and hand the remaining unresolved issues – the use of contractors and hiring staff from outside Australia – over to the industrial relations umpire. The process of binding arbitration under Fair Work Australia is expected to take months as the umpire gathers evidence and calls for expert witnesses and written submissions. Although unlikely, disruptions to the holiday plans of thousands of Qantas passengers cannot be ruled out, with the TWU to decide on Thursday whether it will mount a legal challenge to Fair Work's order on October 31 to terminate industrial action. The union has said it will seek a stay if it decides to challenge, which would allow its members to resume work stoppages over the Christmas and New Year period. The pilots' union has already begun legal action against Fair Work's decision with the first directions hearing in the Federal Court set down for December 1. But industrial law experts are skeptical about the likely success of the TWU and pilots' legal challenges. Emeritus Professor Ron McCallum, from the Sydney Law School, said it was highly unlikely the Federal Court would grant the TWU a stay, which would allow its members to take legal strike action. ‘The [union's case] would have to successfully argue that Fair Work acted contrary to the law, that they misconstrued their powers †¦ and that will be very hard to do,† he said. The Transport Minister, Anthony Albanese, said there was a lack of goodwill and respect from all sides and the government's position on union moves to take legal action was iron clad. †We don't support people taking legal action. We have an umpire and the umpire should be allowed to make their decision. We're confident the courts would uphold that,† he said. The Workplace Relations Minister, Chris Evans, warned that further industrial action by any party would be unlawful. The federal secretary of the TWU, Tony Sheldon, said Qantas had decided to drag its employees through the courts rather than agree to an extension of the conciliation period, where the issue of job security, including the number of contractors Qantas wanted to use, were the sticking points. †Qantas has not displayed good faith in these negotiations. The TWU wanted a sprint to the finish but Qantas just hopped on the treadmill. It looked like they were moving but they weren't going anywhere. † The vice-president of the Australian and International Pilots Association, Richard Woodward, said negotiations had ended after the two sides failed to agree over the terms for efficiency gains of up to 20 per cent in areas such as pilot rostering. †Management obviously believes that a decision achieved through arbitration is preferable,† he said. â€Å"It is a pity that Qantas as an airline will have to be subjected to this long, drawn-out process when a negotiated outcome was possible. ‘ Qantas's chief executive, Alan Joyce, conceded that binding arbitration could take months but said it would eventually lead to agreements that could last as long as four years. He dismissed claims from the pilots' union that Qantas never intended to reach an agreement during the 21 days. †Passengers can now travel with confidence. The winners out of this are our customers. The winners out of this are em ployees and our shareholders. They have certainty,† he said. http://www. smh. com. au/business/qantas-dispute-heads-to-umpire-more-pain-possible-20111122-1nrgj. tml Overview This article is a well-publicized national dispute between Qantas and it’s employees about; pay, job security, and working conditions. The Qantas employee’s involved in this dispute are; pilots, baggage handlers, engineers and the catering department. Analysis This industrial dispute between Qantas and its employees has been dragging on for quite some time now, and I would have to agree with some of the comments made in the article by the Transport Minister, Anthony Albanese, when he said, â€Å"there was a lack of goodwill and respect from all sides†. I agree with those comments made by the Transport Minister, because there appears to have been very minimal progress made during the bargaining process, prior to Fair Work Australia’s (FWA) intervention. Now that the dispute is going to arbitration it will be extremely interesting to see how the term bargaining in good faith will be justified and measured. I believe the term bargaining in good faith to be quite open to disagreement, and it will be rather difficult to prove that any particular party was not acting in good faith. On the FWA website there is a description for good faith bargaining which explains that; the good faith bargaining requirements that a bargaining representative for a proposed enterprise agreement must meet: †¢ attending, and participating in, meetings at reasonable times †¢ disclosing relevant information (other than confidential or commercially sensitive information) in a timely manner †¢ responding to proposals made by other bargaining representatives for the agreement in a timely manner †¢ giving genuine consideration to the proposals of other bargaining representatives for the agreement, and giving reasons for the bargaining representative's responses to those proposals †¢ refraining from capricious or unfair conduct that undermines freedom of association or collective bargaining †¢ recognising and bargaining with the other bargaining representatives for the agreement. The good faith bargaining requirements do not require a bargaining representative to: †¢ make concessions during bargaining for the agreement †¢ reach agreement on the terms that are to be included in the agreement†. (http://www. fwa. gov. au/index. cfm? pagename=agreementsdeterminations#good) I believe that globalization may have played a part in the lack of good faith bargaining in this EBA dispute, because the major sticking point in this dispute is job security for the employees, and Qantas can’t guarante e this whilst pursuing its organizational strategic objectives. Part of Qantas’s long-term strategic plan is to increasingly use contractual part time employees within Australia, as well as establishing some offshore workforces to fulfill roles such as engineering. Therefore, I think that Qantas had always intended to eventually use FWA to intervene and assist in settling this dispute. I can completely empathize with the employee’s desires to ensure job security into the future, but I can also understand the strategic organizational needs of Qantas management. Some people would argue that globalization is just a convenient management excuse for cost cutting, but there are definitely global pressures in today’s economic environment that make issues such as this extremely delicate to strike a balance. Left-wing critics, however argue that the demon of globalization is just a convenient management excuse for cost-cutting and anti-union behavior designed to decollectivize the workplace and promote market forces. The real problems for Australia’s competitiveness, according to such critics, are not in unproductive workplaces, but in the boardrooms of banks, large corporations and other centers of financial power†. (Stone. R – pg. 541, 2008) Conclusion It is hard to know whether there was good faith bargaining displayed from both Qantas management and the unions during these negotiations, and that is some thing that the FWA tribunal will decide on. However, I do believe that if there were more consultation, honesty and eventually trust built between both parties, there would have been more progress made before the FWA intervention. I would have also recommended that both parties begin these negotiations by deciding which issues that they agree on going forward, and then start trying to negotiate the more difficult issues. By doing this both parties will slowly build some small amounts of trust, which helps to facilitate more consultation. References Book Stone. J Raymond -Human Resource Management 6th Edition, 2008. John Wiley & Sons Australia, Ltd. Milton, QLD 4064 Online http://www. smh. com. au/business/qantas-dispute-heads-to-umpire-more-pain-possible-20111122-1nrgj. html http://www. fwa. gov. au/index. cfm? pagename=agreementsdeterminations#good

Ways to Discipline

There are many simple ways that parents can help encourage their child’s development from an early age. Learning how to effectively discipline your child is an important skill that all parents need to learn. â€Å"To get what we want in life, we have to do what we have never done.† (Derrick 25). Whether the parent is traditional, a stay home parent, or a fulltime worker, the most precious thing a parent can give his or her kids is their time. Here are some ways to discipline, educate, and spend quality time with your children. It is very important to educate your child to succeed. First of all, build up their confidence and ensure that they are happy children. Fuel their imagination by reading bedtime stories. Roy Derrick’s research found that children who are regularly told stories have a better vocabulary, have more idea of sentence structure, and sense of stories (126). Also, nurture their creative skills through play. Some activities can help; like building with plastic bricks, painting, or simply creating items can help a child to build up their confidence. Here are some ways to discipline your children. Avoid physical punishment; it can make your child more aggressive and angry. Also, remember to always give rewards and praise them for good behavior, that way they will know you are happy when they behave well. â€Å"Because of their size, children may be difficult to discipline properly† (Rourke 38). Most importantly, provide your child with a safe environment in which they feel secure and loved. Discipline means to teach and train children family values, right from wrong, to respect the rights of others, and how they are to behave or not behave. Discipline is a positive parenting skill that emphasizes nurturing, guidance, teaching and training that builds a child’s self-confidence and teaches self-control and behavior management. The better you are with discipline, the less you will have to punish (Lin 45) Try to spend some quality time with your kids. Most parents work all day and do not give their child the time they deserve. There are many easy ways to be there with them, like helping them with homework. Make it fun and interesting for them. Plan a picnic, kids love to be outdoor where there is food, games, and they enjoy spending time with family and friends. â€Å"Your children need your presence more than anything else†¦Ã¢â‚¬  (Jackson 42). Growing a garden with your child is also interesting and different from other activities, but they will enjoy getting their hands dirty and being accompanied by you. In conclusion, spending quality time with your kids helps both the parent and child to be more open with one another. Also, educating your child to succeed from the early age, will be an advantage for them in the future. Last of all, to discipline your children with the correct manners, it is important for them and yourself as a parent. Remember to always be there for them when they need you, and you will be a great parent.

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Use Of Credit Scores By Insurers Essay Example | Topics and Well Written Essays - 750 words

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Personal Financial Analysis Plan Essay Example | Topics and Well Written Essays - 750 words

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Torture Essay Example | Topics and Well Written Essays - 500 words - 1

Torture - Essay Example Jacobo Timerman, editor and publisher of the Argentinean newspaper  La Opinion  until his arrest by the military, emphasized the agonizing unpredictability of his years in prison in his book  Prisoner Without a Name, Cell Without a Number: "[W]henever someone was being prepared for transfer, his eyes blindfolded, his hands tied behind him, thrown on the ground in the back of a car and covered with a blanket, he would have preferred to remain in the clandestine prison. You never knew whether you were being led to an interrogation, torture, death, or another prison . . . " (p. 159). Some of the cruelest techniques of psychological torture are those that appear to make the person an active participant. The person may be told to choose which of two family members, friends, or other fellow prisoners should be tortured or put to death. The person may be directed to undress and use the torture devices on him- or herself.

The Depression and the New Deal Essay Example | Topics and Well Written Essays - 1750 words

The Depression and the New Deal - Essay Example When Roosevelt assumed office in 1933, he displaced a president who had failed to solve the riddle of 20th-century presidential communication: how to mobilize a mass public separated from him by time and space. Indeed, it is unclear that Herbert Hoover even recognized his dilemma. For most of his presidency, Hoover preferred to confine his interactions to Washington elites; he preferred not to address the national public. Throughout his presidency, he held to his belief that the depression of 1929-1939 was a consequence of economic laws and cycles, and that, consequently, his time was best spent making policy rather than communicating with the public1 (Schlesinger 1957 cited in Carcasson 1998). During the presidential campaign of 1932, Hoover rejected a suggestion that he make a series of 10minute radio addresses, saying that it was "difficult to deal with anything over the radio except generalities, without embarrassing actual accomplishments that are going forward" (cited in Abbott 1990). In contrast, Roosevelt was determined to use the new medium of radio to establish a firm relationship with the public. It was during his term as governor of New York, from 1928 to 1932, that Roosevelt developed a rationalized system for using the radio to establish a relationship with the public (Peters 2000). Roosevelt created an efficient, systematic, and predictable publicity system, one that was acknowledged at the time to be the slickest peacetime publicity effort ever seen in U.S. politics to that date (Ward 1999). Besides promoting positive newspaper coverage of the New Deal, an important function of this coordinated activity was the projection of Roosevelt's personality to the public. Its message was that the New Deal was taking positive, effective measures to help people, and the President was firmly in control of, and responsible for, this process. The organized nature of these publicity efforts carried over to the production of the Fireside Chats. According to Fine (cited in Sussman & Daynes 2004), much like radio and movie scripts, the Chats were produced by committee. Various groups of officials, from departmental officials to cabinet members to advisors who held no official government position, participated in their production. Each group produced information that was funneled to a central group charged with putting the pieces together. Fine went on to note that President Roosevelt read each draft, paying careful attention to word length and the number of s's1. He wanted short, simple statements, with no abstractions, or what he called "weasel words." He paid careful attention to the rhythm and timing of each speech, speaking each draft out loud to ensure a proper pace. He often wrote the conclusion himself, so as to end on a proper "high" note. Throughout, he used the public opinion data collected by his staff to fashion h is appeal in ways likely to resonate with his mass audience. The resulting chat, looked much like a "cuesheet for a stage play. All the signals were clearly marked: the pauses by dashes, the word to be emphasized is underlined, the phrase marked for special treatment1". In their structure,

Brand analysis report BONDS Essay Example | Topics and Well Written Essays - 3000 words

Brand analysis report BONDS - Essay Example However, the brand’s decision to sack Australian workers and move operations overseas has negatively affected its brand equity. In order to further enhance its brand equity, BONDS is also required to innovate further the way its competitor aussieBum is. Finally, it needs to further develop and strengthen its brand positioning rather than relying on its heritage. Customers must also be assured that the brand is â€Å"Australian† as the Country-of-Origin and â€Å"Made In† effect can have a huge impact on the brand equity of BONDS. Table of Contents 1.Introduction 3 2.Brand positioning and values 5 3.Brand characteristics 7 4.Customer Benefits 8 5.Brand Communities 9 6.Brand equity 10 8.Reflection 14 1. Introduction BONDS is an underwear brand based in Australia that has become a national icon and has existed for over 98 years. Initially targeted at men’s underwear, the company aims at providing â€Å"shorts, trunks and low rise† underwear (Dugg.com.a u, 2003-2011). Therefore, the main product initially was underwear in a variety of shapes, sizes and colors. Both conventional and contemporary styles are offered by the company to ensure high level of comfort to its customers. The company’s iconic product was The Chesty Bond. Over the years, the company has expanded its product range to including clothing including sportswear and maternity clothing. As of today, BONDS offers not just underwear but clothing for kids, women and babies. As far as the customers of BONDS are concerned, the company focuses on individuals who have a highly active life or work in occupations resulting in high levels of sweating (Dugg.com.au, 2003-2011). Keeping this in mind, the fabric used in the underwear has high absorption capacity that keeps the underwear area dry for long periods of time. (Dugg.com.au, 2003-2011) The elastic bands used on the underwear specifically cater to customers’ need for comfortable fitting and expandability. One of the major competitors of BONDS is aussieBum which produces is underwear in Australia. In 2009, aussieBum’s sales increased by an astounding 40% in the midst of the sacking of Australian workers by BONDS (Stephenson, 2009). The company’s decision to move its operations to China have strengthened the sales of its competitor-aussieBum (Stephenson, 2009). This is because aussieBum’s marketing strategy focuses on highlighting the fact that its products are â€Å"Made in Australia†. Therefore, aussieBum’s recent advertisements that bear the slogan â€Å"Australian made by choice† have capitalized on the loss of customer faith in BONDS after it decided to sack Australian workers (Stephenson, 2009). Another major competitor in Australia is Aldi which is a discount supermarket chain in Australia offering the convenience of online shopping. Aldi’s fairly high geographical distribution in Australia along with a diverse product range makes it a strong competitor for BONDS (Euromonitor International, 2012). Furthermore, local department stores such as Kmart, Target and Myer continue to serve as competitors for BONDS given their own-label brands, low prices and ability to cater to a wide variety of customer segments including women and children. Furthermore, these departmental stores benefit from the high customer traffic from customers who come to shop for everyday use items such as grocery. Therefore, chances are high that customers would prefer to buy underwear and other clothing from these department stores due to the convenience they offer.

Education Essay Example | Topics and Well Written Essays - 750 words - 9

Education - Essay Example Indeed an education in STEM is critical for the population because this is the kind of education that will make a difference in the future. Without STEM education, engineers, programmers, architects and other technology oriented professionals will not be able to formulate the basic algorithm in creating technology nor will they be able to build any structure that will facilitate technology and it follows that a given country will not have anything to engage in trade to make itself progressive and prosperous if it lacks the aptitude in STEM. Indeed STEM is the necessary education in the future as it would become the primary enabler in industry not only on a national scale but also on a personal level. The world is getting technology oriented and we can even feel it today. Technology permeates and affects every dimension of our life and it is expected that this trend will not only continue in the future but will become more intensive. Virtually almost all product s will have a component of technology and engineering and as long as technology and engineering is involve, so does STEM because technology and engineering speaks the language of numbers and science which is the domain of STEM. Thus it can be inferred that a country’s competitiveness is directly correlated with its aptitude in STEM. A country which has strong score in STEM tends to have a strong technological base to create industry such as the case of Japan who is the leading country in manufacturing electronic products (section for interview) and thus will have a greater chance to prosper. STEM’s importance is not only limited to national scale but can be equally important on a personal level. An aptitude in STEM will tremendously boost an individual’s success in the workplace because he or she has the necessary solid skills (STEM) to get things done. In the new economy of globalization, this skill is indispensable because almost all aspect of

Preference goods Dissertation Example | Topics and Well Written Essays - 5000 words

Preference goods - Dissertation Example In line with this, it is important to understand further the buying behaviors of consumers and their experiences in online shopping and their views and satisfaction level on it. In order to understand this further, there is significantly a need to conduct research. Customer satisfaction is very important in the market environment. Many believed that satisfied customers are most likely to repeat purchase and are most likely to give out a good word of mouth on the product. On the other hand, customer satisfaction is a very complex issue since it may contain different meaning among individuals. For some, customer satisfaction may be defined as something that would only make both ends meet. For others, customer satisfaction may be defined as something very satisfying to the extent that one may never ask for more. Thus, because of these different ideas about customer satisfaction, it is always been a common thought that customer satisfaction is a measure of product or service quality. Cus tomer satisfaction is a very important aspect that needs to be always monitored by marketers. It is in this reason that customer satisfaction remains as one of the most important indicators used in order to describe the quality of output given by the marketers. b. Purpose of the study The findings of the study would be beneficial to the following: This would serve as basis for formulation of marketing strategies plan and further reference for assessing the existing marketing practices. Information derived from this study may be used as a guide and awareness on their marketing position in their industry as well as creating and enhancing products for their existing market and potential ones. This would be a tool for each marketer to quantify their effectiveness in marketing with respect to the existing online marketing. c. Aims or objectives of the study This paper tries to investigate the customers’ experience in online shopping, and their views and satisfaction level on it. I n general, this research tries "to gauge the customers’ experience in online shopping and their views and satisfaction level on it. Specifically, the study is able: To know about the level of customer satisfaction that each of the 30 chosen respondents has with their experience in online shopping. To gauge the level of customer experience level in online shopping. To gauge the views and satisfaction level of the customers with their online shopping experience d. Problem statement and key questions Prior to performing the study, the proponent has in mind the following problem statements which gave way to the actual implementation of the research plan. Are the customers having high experience level in online shopping Do customers have high views and satisfaction level in online shopping e. Research design and methodology Hypothesis testing In order to test the above mentioned hypotheses, the proponent primarily employed mean and percentages. Testing of the hypotheses in this ca se was based on evaluative process employed in the research. Thus, the proponent discusses the nature of information as presented on the trend of data as generalised by the values obtained from mean and percentages. The scale of measurement used was ratio, which is the highest type of scale having absolute zero value (Broto, 2007). This was used considering that the values obtained in the data involved zero. To be able to test the above

A Good Man is Hard to Find Essay Example for Free

A Good Man is Hard to Find Essay The grandmother identifies herself as a southern lady based on appearance, money, and background. She is the main character in this short story and also the only character that the narrator actually shows into the mind of. The grandmother is the reason for the title of this story because she repeats throughout the story about a â€Å"good man†, when there really is no good man in this whole story. The grandmother also is used in many ways to foreshadow the upcoming events in the story; such as â€Å"In case of an accident, anyone seeing her dead on the highway would know at once that she was a lady† (O’Connor 354) The grandmother is identified by appearance in that she compares the way she is dressed to the way the mother is dressed. The mother is told to be dressed in â€Å"slacks and still had her green kerchief† and the grandmother describes herself as having â€Å"on a navy blue straw sailor hat with a bunch of white violets on the brim and a navy blue dress with a small white dot in the print† (O’Connor 354). She wanted to make sure that â€Å"anyone seeing her dead on the highway would know at once that she was a lady† (O’Connor 354). Money is something important to the grandmother that we can also identify her by. The grandmother thought very highly of Mr. Teagarden because she says that June Star â€Å"would have done well to marry Mr. Teagarden because he was a gentleman and had bought Coca-Cola stock when it first came out and that he had died only a few years ago, a very wealthy man† (O’Connor 355). Red Sam is a â€Å"good man† in the grandmother’s eyes, which is probably because he is a wealthy owner of his own store (O’Connor 356). Where the grandmother is from and how she is raised is also a big part in identifying her. In the beginning of the story, the grandmother describes how she wants to go to Tennessee for their vacation instead of Georgia. When John Wesley says something about it, the grandmother gets defensive over where she grew up, she says to him â€Å"I wouldn’t talk about my native country that way† (O’Connor 354). Later in the story, the mother goes to a jukebox and plays â€Å"The Tennessee Waltz† kind of just to rub it in to the grandmother  that they were not, in fact, going to Tennessee. Another time in the story, the grandmother says that she recognizes where they were while on the way to Georgia. But it turns out, she was just recalling when she was in Tennessee â€Å"when she was a young lady† (O’Connor 357). Flannery O’Connor is such a good author, and that shows especially in this piece. She identifies the grandmother through appearance, money, and background. Appearance, such as the way she compares herself to the mother, how she talks about how Mr. Teagarden was â€Å"very-good looking†, and talking about the Misfit’s crew and their attire. Outline I. Introduction: The grandmother identifies herself as a southern lady based on appearance, money, and background. She is the main character in this short story and also the only character that the narrator actually shows into the mind of. The grandmother is the reason for the title of this story because she repeats throughout the story about a â€Å"good man†, when there really is no good man in this whole story. The grandmother also is used in many ways to foreshadow the upcoming events in the story; such as â€Å"In case of an accident, anyone seeing her dead on the highway would know at once that she was a lady.† II. Appearance: The grandmother is identified by appearance in that she compares the way she is dressed to the way the mother is dressed. The mother is told to be dressed in â€Å"slacks and still had her green kerchief† and the grandmother describes herself as having â€Å"on a navy blue straw sailor hat with a bunch of white violets on the brim and a navy blue dress with a small white dot in the print.† She wanted to make sure that â€Å"anyone seeing her dead on the highway would know at once that she was a lady.† III. Money: Money is something important to the grandmother that we can also identify her by. The grandmother thought very highly of Mr. Teagarden because she says that June Star â€Å"would have done well to marry Mr. Teagarden because he was a gentleman and had bought Coca-Cola stock when it first came out and that he had died only a few years ago, a very wealthy man.† Red Sam is a â€Å"good man† in the grandmother’s eyes, which is probably because he is a wealthy owner of his own store. IV. Background: Where the grandmother is from and how she is raised is also a big part in identifying her. In the beginning of the story, the grandmother describes how she wants to go to Tennessee for their vacation instead of Georgia. When John Wesley says something about it, the grandmother gets defensive over where she grew up, she says to him â€Å"I wouldn’t talk about my native country that way.† Later in the story, the mother goes to a jukebox and plays â€Å"The Tennessee Waltz† kind of just to rub it in to the grandmother that they were not, in fact, going to Tennessee. Another time in the story, the grandmother says that she recognizes where they were while on the way to Georgia. But it turns out, she was just recalling when she was in Tennessee â€Å"when she was a young lady.† V. Conclusion: Flannery O’Connor is such a good author, and that shows especially in this piece. She identifies the grandmother through appearance, money, and background. Works Cited: O’Connor, Flannery. â€Å"A Good Man is Hard to Find.† Backpack Literature: An Introduction to Fiction, Poetry, Drama, and Writing. X.J. Kennedy and Gioias eds. Pearson: New York, 2012. 352-365. Print.

Representation of Evil in “Vasilisa the Beautiful”

Representation of Evil in â€Å"Vasilisa the Beautiful† Introduction Russian folklore is rich with various myths, legends and folk tales that detail the life of various mythical characters. In many of such tales, there is extensive use of magic, witchcraft and the use of extraordinary powers. However, the most common characteristic of Russian folklore is the use of women in storytelling. Historical scholars define Russia’s literature as one that is rich with folk tales involving mystical adventure. However, most of these tales have a heroine instead of a hero at the end. Vasilisa the Brave has its setting at a time when magic and the use of extraordinary power was at its peak. A story is told of a young lady named Vasilisa who is sent by her cruel step-mother to collect some light from a witch called Baba Yaga. However, the main essence of the errand is to have Vasilisa be harmed and possibly die in the process of collecting the light. However, it is her humility and generosity that saves Vasilisa from being devoured by the witch Baba Yaga. The condition given by the witch is that Vasilisa completes a few tasks including basic household chores for Baba Yaga. After successfully completing the task, Baba Yaga hands Vasilisa a lantern fashioned from a skull, which ultimately burns the stepmother and the stepsisters to ashes. Background The story of Vasilisa is laden with symbolism. The writer uses various representations of the local culture to relate to the actual happenings in contemporary culture. The character of Baba Yaga has also been used on various platforms to bring out not only an evil but also a powerful character. â€Å"Vasilisa the Beautiful† characterizes Baba Yaga as a dangerous person who wields massive power of magic. However, her actions towards Vasilisa paint a person who despite being associated with evil does not seem to support evil deeds against the innocent in the society. From the common folklore history, Baba Yaga comes out as the villain who will go to any lengths to harm the protagonist. It is no doubt that Baba Yaga’s character is meant to strike a balance in terms of interpretation and giving the story the intended happy ending. Representation of Evil in â€Å"Vasilisa the Beautiful† â€Å"Vasilisa the Beautiful† is seen as being more of a Russian Cinderella story thus appealing to the Western readers. Despite the fact that the story has been written in so many forms by writers who have different versions of what happens in the story, the basic facts in the story are predominantly similar. The story revolves around a young lady Vasilisa. After the death of her mother, Vasilisa is left with no one to take care of her. However before her death, Vasilisa’s mother leaves her a doll that is supposed to help Vasilisa whenever she needs help. The condition by the mother is that whenever she needs help, Vasilisa should feed the doll and the doll reciprocates by assisting her in her problems. The greatest condition that Vasilisa is given by her mother is never to let anyone know of the doll’s existence (Zheleznova, 1966). Vasilisa’s stepmother is described as a cruel woman who discriminates against Vasilisa making her do most of the chores in t he household while her daughters lazy around the house doing nothing. Further cruel treatment directed towards Vasilisa is whereby she is given only a merger portion of all meals. However, Vasilisa does not eat her meals but rather saves the entire meals for the doll which in turn helps her complete her chores. The doll in the story is a characterization of how Russians and the society in general view super-natural beings. The doll in this case is presented as a mundane object that has extraordinary capabilities while keeping in mind that it can be found anywhere. The author tries to portray Vasilisa’s relationship to the doll as mutually exclusive. It is the treatment towards the doll that dictates whether the doll offers any help to Vasilisa. By feeding the doll, Vasilisa is rewarded by having her chores done by the doll. It is important to note that Vasilisa does not have direct power in her relationship with her doll. Hartman (1993) is of the view that it is only by using the doll that Vasilisa is able to improve her living condition characterized by cruelty. Vasilisa was able to follow her mother’s instructions who directed that she feeds the doll any time that she needs the dolls’ assistance. In addition, Vasilisa is not supposed to tell anyone regarding the doll’s existence. The application of these in the contemporary society is the need to follow instructions. The author depicts Vasilisa as an obedient lady who always heeds instructions from elders as it is depicted throughout the story. It is this obedience that helps Vasilisa time and time again during difficult situations. By being obedient, Vasilisa is able to escape the wrath of her stepmother and later from Baba Yaga. Towards the end, it is the willingness to listen to advice that eventually sees Vasilisa get married to the tsar. When her father is away on business, Vasilisa’s cruel stepmother plots to kill Vasilisa and together with her daughters send Vasilisa though the forest to Baba Yaga for some light. Upon arrival Vasilisa is required by the witch Baba Yaga to do menial household duties and also serve her meals. Vasilisa does all the work without questioning and even goes further to enlist the help of her doll when Baba Yaga requires her to do some almost impossible tasks. After completing all her task, Baba Yaga asks Vasilisa why she is so humble and why she does things without questioning. In her response, Vasilisa asks Baba Yaga about three horsemen who she had previously seen entering and leaving the witch’s homestead. Baba Yaga responds by saying that the three horsemen are her my bright daymy red sunand my dark night—and all three of them are my faithful servants(197). In a critical analysis of fairy tales known as Shadow and Evil In Fairy Tales, the author states that Baba Yaga’s reference to owning the night and day is a literary representation of the pagan culture not only in Russia but the world in general. Franz is of the view that Russian paganisms manifest itself particularly in the Russian society that often has hard-line views on different issues in the society. For some reason, Russia has over the years been viewed as ‘female’ with the reference of ‘rodina’ which means motherland being the best example to support this reference. In relation to â€Å"Vasilisa the Beautiful†, the author is seen to hand more power to women based on the fact that from the story, women seem to make decisions and are also the key characters in the story. In light with all the female characters in the story, Vasilisa’s fate rests with the major characters that are; her mother, the doll, Baba Yaga and her stepmother. Baba Yaga claims to own day and night. This situation replicates most countries and the level of authority exerted to the common citizens. Franz also notes that there are several skulls in Baba Yaga’s hut which is interpreted as the witch’s power over life and death. This can be compared to the power of life and death that the state has over ordinary citizens. In Indo-European folklore, light is often used to symbolize knowledge. Most Western fairy tales describe the quest for knowledge as progressive growth that is beneficial in the society. From the story, Vasilisa was sent by her stepmother to get some light for Baba Yaga. The representation of light in the contemporary society is knowledge. However, â€Å"Vasilisa the Beautiful† introduces a rather unique feature of Russian tale. Instead of the quest for knowledge being represented as a beneficial process, the Russian version suggests that the quest for knowledge is a dangerous process and thus should be avoided unless there are compelling reasons as to why the process must be undertaken. It is important to note that by being sent to collect some light from Baba Yaga, Vasilisa’s stepmother expects that she will not survive her task. However, Vasilisa’s behavior and conduct enables her to succeed in her quest. In addition to this, Vasilisa is able to acknowledge her subordinate role in the society particularly based on how she treats Baba Yaga. Thus from a wider perspective, the author tries to emphasize the rewards that come with good behavior and humility in the society. Faced with a near-impossible task, Vasilisa is able to tame even Baba Yaga who is a witch. Baba Yaga even goes further to state that she does not comprehend how Vasilisa is willing to take orders without questioning. As stated by Compora (2010), the metaphor of identifying Baba Yaga with the state is continued further in the story. From the story, it is permissible for Vasilisa to inquire about some of the things that happen at Baba Yaga’s hut. However, Baba Yaga tells Vasilisa that not every question has an appropriate answer. Baba Yaga goes further to tell Vasilisa that too much knowledge will lead to old age. Before answering the question about the three horsemen, Baba Yaga asks Vasilisa how she was able to complete all the tasks given to her. Vasilisa says that the reason why she successfully completed various tasks was because she had her mother’s blessing. From the story, Baba Yaga is seen as both the villain and the protagonist. This assumption is based on the fact that she rewards Vasilisa for her good behavior and exhibiting good morals. On the other hand, Baba Yaga is described as terrible when she is angry. All the main characters have certain characteristics that define their personality. Vasilisa is portrayed as humble, obedient and hardworking. Vasilisa’s stepmother and stepsisters are portrayed as cruel, selfish and evil. Baba Yaga on the other hand strikes out as considerate and non-manipulative. The portrayal of Vasilisa as selfless implies that she always considers other people’s opinion in her decisions. This reflects in modern society the importance of selflessness. Perhaps to show just how much generosity is in the society, Vasilisa’s stepmother and stepsisters attempt to use Baba Yaga’s power to destroy Vasilisa. This is evident from the story whereby Vasilisa is sent to fetch some light from Baba Yaga even though the stepmother and stepsister knew that she was likely to be harmed in the process of collecting the light. However, it is the stepmother and stepsisters who pay for their evil deeds with their lives. According to Schielzo (1983), â€Å"Vasilisa the Beautiful† further characterizes the use of stepmothers in mythology. Since time immemorial, there is always a negative connotation that accompanies the word stepmother. Stepmothers have been used in myths to contradict the positive nature of mothers. It is therefore not surprising that throughout the folklore history, stepmothers always seem to carry specific personal traits. The most common attribute that is associated with stepmothers is jealousy. In the case of Vasilisa, she is mistreated by her stepmother simply because the stepmother felt that she was prettier than her own children. The same scenario of a jealous stepmother is replicated in various stories throughout history. Baba Yaga gives Vasilisa a skull with fiery eyes indicating that this was the light that the stepmother and the stepdaughters had requested for. Vasilisa innocently takes the skull with her back to her stepfamily that is immediately burnt to ashes by the fiery eyes. The death of Vasilisa’s stepmother and stepsisters mark the assumption in early mythology and story writing that evil never wins. Vasilisa maintains her humble nature which gives the story one of the rarest features of Russian literature which is a happy ending. Conclusion â€Å"Vasilisa the Beautiful† is a manifestation of how various phenomena influenced early folklore. Most mythical analogies incorporate the use of a supernatural being, witchcraft and magic. Also a common trait in such analogies is the use of an evil stepmother. This application relates to so many things in the society and is meant to reflect the situation on the ground. From the beginning of the story, the writer is very specific regarding the direction of the story. Perhaps it is the use of magic that has the greatest impact on the story. Critics argue that despite it not being realistic to apply magic in modern literature, the latter was extremely relevant in early literature especially Greek Myths and Legends. More importantly, the major themes analyzed in the story indicate a systemic application of literature to influence behavior and promote good conduct. This is evident from the story where the evil stepmother and the stepsisters are burnt to ashes by the skull. The d eath of the stepsisters and the stepmother is considered as payback regarding how the same people treated Vasilisa. References Compora, D. P. (2010). Folk and Fairy Tales. Journal of Folklore Research Reviews Hartman, D. K., Hartman, J. A. (1993). Reading across texts: Expanding the role of the reader. The reading teacher, 202-211. Louise, M.F. (1974). Shadow and Evil in Fairy Tales. Boston: Shambhala  Publications Mayer, M. (1994). Baba Yaga and Vasilisa the Brave. Morrow Junior Books. Sanders, R. Folk Fairy Tales. (1978)UK: Methuen Co.Ltd. Scielzo, C. (1983). AN ANALYSIS OF BBA-YAG IN FOLKLORE AND FAIRY TALES. The American journal of psychoanalysis, 43(2). Zheleznova, I. L. (Ed.). (1966). Vasilisa the Beautiful: Russian fairy tales. Progress Publishers.

Relationship between Inflation Rates and Employment

Relationship between Inflation Rates and Employment CHAPTER 1 Gross Domestic Product as an indicator of wealth and therefore quality of life has long been criticized (Mederly, P. and et al. 2003). Gross Domestic Product (GDP) is the value of total production of goods and services in a country over a specified period, typically a year. The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a countrys overall economic output GDP can be determined in three ways, all of which should in principle give the same result. The most direct of the three is the product approach, which sums the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of the product must be bought by somebody, therefore the value of the total product must be equal to peoples total expenditures in buying things. The income approach works on the principle that the incomes of the productive factor must be equal to the value of their product, and determines GDP by finding the sum of all producer s incomes (Bureau of Economic Analysis, U.S Department of Commerce, 2007). The most common approach to measure GDP is the expenditure method: GDP= private consumption + gross investment + government spending + (exports à ¢Ã‹â€ imports) GDP = C + I + G + (X-M) (Equation 1.1) An event in 1975 that remind us the current GDP in our country where the Malaysian economy slumped into its great recession, with a GDP growth rate of only 0.8 percent, compared to 8.3 percent in 1974. This is one of the effects of increase in oil prices and then substantial price increase in 1973 were bought about mainly shortage of food and raw materials arising from bad weather and increased aggregate demand (Cheng, M.Y. and Tan,.H.B. 2002). According to the above circumstances occurred in 1975, the researcher has choosing one of variables that may relate with fluctuation of GDP which is inflation rate. Inflation means either an increase in the money supply or an increase in price levels. Generally, when we hear about inflation, we are hearing about a rise in prices compared to some benchmark. The study of the effects of inflation on economic growth continues to be an important and complex topic in economics. If inflation has real economic effects, then governments can influence economic performance through monetary policy (Risso, W.A and Carrera, E.J.S, 2009). Therefore, investigating how inflation affects economic growth pertains directly to the optimal design of monetary policy. Results from such studies are particularly important for economies. Besides the inflation, the researcher has considered total employment as one of the variable in the model since economic growth and employment are correlated between each others. The relationship between unemployment and GDP is called Okuns law. It is the association of a higher national economic output with the decrease in national unemployment. This is because in order to increase the economic output of a country, people will need to go back to work, thus lowering unemployment. In order to support the relationship exist between GDP and employment, the researcher has found out the issue supporting the theory that GDP and employment has a positive relationship between each others. According to Hassan, M.K.H. and et al. (2010), in the period of 1996 -1997, the manufacturing sector experienced a rapid growth producing the employment rate in the sector to grow at 7.7 percent per annum but later declining to negative 3.6 percent in 1998 due to the economic recession. In addition, in year 2000, the Malaysian manufacturing sector contributed 33.4% to gross domestic product (GDP), 85.2% to total export and 27.6% to total employment. 1.2 PROBLEM STATEMENT Inflation is a major source of economic instability because it weakens incentives for work and production, distorts the allocate efficiency of the market mechanism, erodes international competitiveness of the domestic industry, and reduces growth potential. According to study by Fischer and Modigliani (1980) suggested a negative and nonlinear relationship between the rate of inflation and economic growth through the new growth theory mechanism. Furthermore, inflation also damages economic growth by lowering domestic and foreign savings, reducing efficiency of resource allocation, and deteriorating the balance-of payments (Risso, W.A. and Carrera, E.J.S., 2009). According to Cheng, M.Y. and Tan, H.B. (2002), the economy has experienced episode of high (1973-1974, 1980-1981) and low (1985-1987) regimes of inflation, and was able to contain low and stable inflation during the high economy growth period of 1988-1996. The second problem statement that should be concerns since the employment can affect the economic growth and it is important variable to determine the quality of production for national output and next will influence the GDP of our country. For example, in the early 1990s, the unemployment rate increased for about a year following the end of the previous recession. Coming out of a recession, companies are thought to be reluctant to hire many more workers until they are convinced about the sustainability of a new economic recovery while people who had left the labor force during the recession return to seek to find jobs (Seyfried, W.). Therefore, the researcher conducts this research in order to examine the correlation exists between inflation rate and employment with GDP so that we can help the country to mitigate the problem occurs by supporting the governments policies to increase the countrys GDP. In addition, this research also useful since the results of the studies can be used in policys decision for resource allocation in order to accelerate economic growth. 1.3 OBJECTIVES The objectives of the study are to: 1.3.1 Analyze the relationship between Inflation Rate and Gross Domestic Product in terms of magnitude and direction. 1.3.2 Analyze the relationship between Total Employment and Gross Domestic Product in terms of magnitude and direction. 1.4 SIGNIFICANCE OF THE STUDY The significances of this study are as follow: 1.4.1 Researcher This study will help the researcher to complete their course requirement and will be as guidelines for their field of work in the future. The researcher can gain many experiences in order to complete this research. There are lot of weaknesses may be obtained and this will encourage the researcher to provide the better research in the future. Future researcher will know and more understanding about gross domestic product when conduct this research. It will give the knowledge to the researcher to identify the correlation exist between inflation rate and employment and it always make the researcher briefing to know deeply and applied the study. 1.4.2 Organization This study might help the organization in analyzing the countrys economic condition in order to prevent and reduce the risk during the inflation and know the effects of the crisis occurs to them. This study also may give some guidance to them to protect their company and industry itself. 1.4.3 Public This study can inform and gives some knowledge to the public the relationship between economic growth, inflation rate and employment. They also can make preparation to face the increasing in inflation rate and able to survive in that situation. 1.5 SCOPE OF THE STUDY The researcher chooses to conduct the research about GDP in Malaysia from 2000 until 2010 In this study, the researcher wants to determine the correlation exist between inflation rate and employment with GDP in Malaysia. It is important because as economic planners and forecasters used the GDP per capita in monitoring economic growth trend for time series. The collection of data of GDP, inflation rate and total employment were collected from Department Of Statistics Malaysia in quarterly basis. 1.6 THEORETICAL FRAMEWORK Figure 1.1: Theoretical Framework INFLATION RATE GROSS DOMESTIC PRODUCT EMPLOYMENT RATE RATE Independent variables Dependent Variable Figure 1.1 represents the dependent variable and independent variables in this study. The function of theoretical framework has been clarified by Sekaran, U. (2003) which is a conceptual model of how one theorizes or makes logical sense of the relationship among the several factors that have been identified as important to the problem. Figure above clearly discuss the correlation between Gross Domestic Product which is variable primary to the researcher while Inflation Rate and Employment act as independent variable which is influences the dependent variable. 1.7 HYPOTHESIS In classical test of significant, two kind of hypothesis are used. They are Null Hypothesis and Alternate Hypothesis. Hypothesis is a conjectural statement that describes the relationship among variable even negative or positive. Null hypothesis which is represent by H0 symbol to show that the relationship between independent and dependent variable is not exist. However alternate hypothesis is representing by H1 symbol to show that the relationship is existing between both dependent and independent variable. According to Sakaran (2004), a hypothesis defines as a logically conjectured relationship between two or more variables expressed in the form of testable statement. Relationship a conjectured on the basis on the network of associations established in the theoretical framework formulated for the research study. There are two hypotheses that can describes the correlation exists between dependent variable and independent variables. Therefore the hypothesis that can be tested as follows: Inflation and GDP H0: there is no significant relationship between inflation and GDP. H1: there is a significant relationship between inflation and GDP. Employment and GDP H0: there is no significant relationship between employment and GDP. H1: there is a significant relationship between employment and GDP. 1.8 LIMITATION / CONSTRAINTS The limitations / constraints are: 1.8.1 Time constraint The length of time is limited since the researcher does not have much time to make detailed research. The time provided only three months and the researcher need to divide time properly to complete the research because the process of collecting data is quite difficult. 1.8.2 Cost constraint The cost involves is quite high since as a student, the researcher only depend on the loan applied. Examples of cost involve in order completing this research such as cost of printing, cost of maintaining the laptop, cost of surfing the internet and etc. 1.8.3 Data constraint Since the researcher use the secondary data, the collection of data that have been publish are so limited and the related material are not very supporting the topic of research. 1.8.4 Lack of experience The researcher is less of experience in conducting the research therefore needs to refer the researchers advisor to process the data and learning the skill that needed as a good researcher. CHAPTER 2 LITERATURE REVIEW 2.1 DEPENDENT VARIABLE 2.1.1 GROSS DOMESTIC PRODUCT (GDP) Generally, according to Chan, W.W. and Lam, J.C. (2000), gross domestic product is a common measure of the economic well-being of a society. When government officials plan for the future, they consider the various economics sectors contributed to the gross domestic products. In the other study by Ivanov, S. and Webster, C. (2007), they use the growth of real GDP per capita gr as a measure of economic growth in line with other publications in the field (see Ivanov and Webster, 2007; Lopes et al., 2002; Plosser, 1992). The function of GDP also has been explained by Kosmidou, K. (2008) where gross domestic product (GDP) is among the most commonly used macroeconomic indicators, as it is a measure of total economic activity within an economy. The gross domestic product growth (GDPGR), calculated as the annual change of the GDP, is used as a measure of the macroeconomic conditions. The significance between GDP, foreign trade and foreign direct investment has been discussed by Liu Ying and Cui Riming (2008) where the economy is highlighted by the significant performance of both its economic growth and its foreign trade and foreign direct investment. Under this background, the correlation of foreign trade, foreign direct investments and economic growth in has become an important issue for academic research. Previous studies support that foreign trade and foreign direct investment have positive impacts on gross domestic product (GDP). In the study by Malul, M. and et al. (2008), the GDPpc is used mainly to compare the standard of living in different countries. It means that the higher of cost of living in a country, the higher earning of gross domestic product of the country. According to Wong, K.Y.(2008),economic growth of an economy refers to the expansion of its production possibility set, as a result of accumulation of primary factors such as labor and capital (physical and human), or improvement of production technologies. However, because the production possibility frontier (PPF) of an economy is not observable, economic growth is usually measured in terms of the growth rate of some observable variables such as real GDP or real per capita GDP. Besides that GDP also one of the result of the countrys economic activities based on the statement of Daly and Cobb (1989), GDP expresses the content of physical flows of à ¢Ã¢â€š ¬Ã…“capital, industrial production, services, resources and agricultural productà ¢Ã¢â€š ¬?. The scientific research has been conducted by Ligon and Sadoulet (2007) using a sample of 42 countries show that GDP growth, which comes from agriculture is at least twice as effective in reducing poverty compared to GDP growth coming from nonagricultural areas. In order to know the correlation between inflation and growth, Gokal, V. and Hanif, S. (2004), stated that the tests revealed that a weak negative correlation exists between inflation and growth, while the change in output gap bears significant bearing. The causality between the two variables ran one-way from GDP growth to inflation. While, according to some consensus exists, suggesting that macroeconomic stability, specifically defined as low inflation, is positively related to economic growth. 2.2 INDEPENDENT VARIABLES 2.2.1 INFLATION RATE (INF) Inflation on economic growth continues to be an important and complex topic in economics. If inflation has real economic effects, then governments can influence economic performance through monetary policy. Therefore, investigating how inflation affects economic growth pertains directly to the optimal design of monetary policy. According to Andres and Hernando (1999), for example, reducing inflation by one percentage point when the rate is 20 percent which results in an increase in the growth rate of 0.5 percent, compared to reducing inflation by one percentage point when the inflation rate is around 5 percent, which results in a decrease in the growth rate by 1 percent. Furthermore, a study by Mallik and Chowdhury (2001), the structuralisms argue that inflation is necessary for economic growth, whereas the monetarists argue the opposite, that is, inflation is detrimental to economic growth such debate started in the 1950s, focused on developing countries, which had long suffered fro m low-growth rates with high rates of inflation and larger deficits in the balance of payments. In order of inflation, the monetarists argue that price stability promotes economic growth and protects the balance of payments. They argue that inflation is major sources of economic instability because it weakens incentives for work and production, distorts the allocative efficiency of the market mechanism, erodes international competitiveness of the domestic industry, and reduces growth potential. They also argued that inflation damages economic growth by lowering domestic and foreign savings, reducing efficiency of resource allocation, and deteriorating the balance-of-payments. To monetarists, stable prices are the starting point in the process of economic development. The policy choice of a country would be stabilization with growth, or stabilization without growth. Several papers are typical of the monetarist tradition. To argue that, according to Fischer and Modigliani (1980) suggested a negative and nonlinear relationship between the rate of inflation and economic growth through the new growth theory mechanism proposed a model where the agents decide the level of labor output, and an increase in inflation reduces labor supply, and producing a decrease in economic production. On the other hand, a study by Mundell and Tobin (1965), the structuralizes argue that inflation normally accompanies economic growth in developing countries because structural rigidities and bottlenecks in supply sectors prevent the elastic supply of some basic commodities such as food, housing, energy, and transportation. Increased income as a result of growth would expand demand for such basic commodities, and prices would rise. The structuralize position is that economic difficulties in developing countries have roots deeper than just the results of inflation. Thus, structuralizes thought that inflationary pressures and det erioration in the balance of payments inevitably are attendant matters of economic growth. In developing countries, there thus would be a trade-off relationship between economic growth and inflation and an attendant deterioration in balance of payments. If a developing country wants stabilization of prices and balance of payments, it must reduce the speed of economic growth, including a sacrifice of employment. Among scholars who support the structuralize position on a positive relationship between inflation and economic performance, predict a positive relationship between the rate of inflation and the rate of capital accumulation, which in turn implies a positive relationship to the rate of economic growth. But, DeGregorio (1996) and Fischer (1926) pointed out, since money and capital are substitutable, an increase in the rate of inflation increases capital accumulation by shifts in portfolios from money to capital and thereby stimulate a higher rate of economic growth was the first to establish a negative correlation between inflation and unemployment. According to Grier and Grier (2006), it presents evidence on the real effects of inflation and inflation uncertainty on output growth. Their main findings are as follows: Inflation uncertainty has a negative and significant effect on growth Once the effect of inflation uncertainty is accounted for, lagged inflation does not have a direct negative effect on output growth; and As predicted higher average inflation raises inflation uncertainty, and the overall net effect of average inflation on output growth. Differ with theory of Bortis, H. (2004), he argues that inflation is a macroeconomic phenomenon represented by a gap between global supply and global demand. Inflation affects the money-output relationship, as does deflation; both phenomena modify the purchasing power of money over domestic output. In this view, price indices cannot come to grips with the inflation phenomenon. While Cheng and Tan (2002) in their study inflation in Malaysia, suggested that main factors affecting Malaysian inflation were external (foreign trade, foreign direct investment and technology transfer). Malaysia has been comparatively successful in balancing strong economic growth with moderate levels of inflation in the periods preceding and following the Asian Financial crisis. Actually, empirical results related to low and medium inflation are of a mixed nature; some papers (mainly these analysing the developed economies) argues that moderate inflation negatively affects growth (e.g. Alexander, 1997, Gillm an et al. 2002; Gillman and Harris 2009; Gillman et al. 2001; Fischer 1993; De Gregorio 1992 and 1993) while other argues that moderate inflation is actually stimulating growth. On the theory side Friedman (1977) in his Nobel lecture argues that a positive relationship between the level of inflation and inflation uncertainty. Friedman points out higher inflation leading to greater uncertainty, which lowers welfare and efficiency of output growth. On the other hand, Ball (1992) formalizes Friedmans hypothesis using an asymmetric information game where public faces uncertainty regarding the type of policymaker in the office. One of the policymaker is willing to tolerate a recession to reduce inflation and the other is not. During the low inflation time, both type of policymakers will attempt and try to keep it low. But, when inflation is high, only the tough type or anti-inflation policymaker will bear the economic costs of disinflation. The argument that central banks should emphasize holding down inflation comes from the beliefs that inflation has an adverse effect on macroeconomic variables, such as output and productivity growth. According to Clark (1982), inflation causes misperception of the relative price levels and leads to inefficient investment plans and therefore affects productivity inversely. Furthermore, inflation erodes tax reductions for depreciation and raises the rental price of capital, which in turn causes a reduction in capital accumulation and therefore in labour productivity. In addition, according to Feldstein (1982) inflation disrupts investment plans by imposing a higher tax rate on corporate profits and through higher effective tax rates on corporate income and accordingly affects productivity (Gilson, 1984; Boskin et al., 1980). Finally, inflation distorts price signals and reduces the ability of economic agents to operate efficiently (Smyth, 1995). According to Chen and et al. (1991), it has documented a significant relationship between the US stock returns and real economic variables such as industrial production, real GNP, interest rates, inflation and money supply. Besides that, there are also otherwise arguments that there is no relation between inflation rate and gross domestic product in the long run. For instance, Faria and Carneiro (2001) investigate the relationship between inflation and output in the context of an economy facing persistent high inflation and they find that inflation does not affect real output in the long run, but that in the short-run inflation negatively affects output. In addition, scholars such as Sidrauski (1967) suggest that there is no relationship between inflation and economic growth, supporting the hypothesis of super neutrality of money. On the other hand, Sarel (1995) asserts that there is a nonlinear relationship between inflation and economic growth. Using 87 countries, he finds the existence of an inflation threshold of 8 percent. Above the threshold there is a negative relationship between inflation and economic growth, whereas under the threshold there is a positive but not significant relationship. The others studies in order to prove Sarels result, Judson and Orphanides (1996) divide Sarels sample of countries into three groups, and they find similar results to Sarel, finding a threshold of 10 percent. Ghosh and Phillips (1998a, b) study 145 countries in the period 1960-1990 again finding similar results. Paul et al. (1997) study 70 countries (of which 48 are developing economies) for the period 1960-1989. They find no causal relationship between inflation and economic growth in 40 percent of the countries, bidirectional causality among 20 percent of the countries, and unidirectional causality for the rest (either inflation to growth or vice versa). Lastly, Mendoza (1998) finds that inflation has had no effect on Mexicos long-run economic growth since he conducted the study of inflation in Mexico. 2.2.2 EMPLOYMENT Some of studies have been conducted to examine the relationship between gross domestic product and employment. For instance, according to Okun (1962) and Philips (1958), they found different relationship both of these. Okun found a negative correlation between unemployment and economic growth, then from both propositions it can be deduced a positive relationship between economic growth and inflation while Phillips proposed a positive relationship between inflation and unemployment implying the same type of relationship. In addition, Boltho and Glyn (1995) found elasticities of employment with respect to output growth in the order of 0.5 to 0.6 for a set of OECD countries. While according to Evangelista and Perani (1996) discovered evidence suggesting that restructuring of major economic sectors reduce the relationship between economic growth and employment. A specific research conducted by Seyfried, W., among the G7 countries (Canada was excluded), a positive and significant relationship between growth in value added and employment was found only in Germany and the US. In addition, according to Verdoon (1949) and Kaldor (1966), an increase in output growth of 1 percent leads to an increase in productivity and employment growth of half a percentage point each. It should be noted that the higher the productivity effects of growth, the more difficult it will be to keep unemployment from rising. According to Okuns Law an increase of the economic growth rate by 3 percent (above the normal rate) was expected to reduce the unemployment rate by 161 percentage point. Or, to put it the other way round: The gain of real GDP associated with a reduction in unemployment of one percentage point was estimated to be 3 percent. Several studies also have been conducted to examine the correlation exists between employment and inflation rate. One of the studies by Spithoven, A.H.G.M. (1995), by the end of the 1960s evidently there was no fixed relationship between unemployment and inflation. Empirical research revealed that the relationship was not consistent over time and varied sharply between countries. This was explained as follows: in the short run higher nominal wages attract more labour and engender a fall in the rates of unemployment. As soon as the workers recognize the wage rise to be purely nominal they abstain from work, and unemployment is restored to the pre-wage-rise level, but with a level of prices higher than before. Secondly, according to Brenner (1991), confronted with a combination of unemployment and inflation (stagflation), many governments abandoned efforts to regulate the economy by the Keynesian instruments. They declared fiscal policies ineffective and sought refuge in a mixture of m onetary measures with supply-side economics. According to Keynes (1946), the volume of employment is given by the point of intersection between the aggregate demand function and the aggregate supply function. This was naively interpreted and construed to imply that a rise in costs à ¢Ã¢â€š ¬Ã¢â‚¬Å" and with this was meant a rise in costs owing to increasing government expenditure à ¢Ã¢â€š ¬Ã¢â‚¬Å" will result in an upward shift of the supply curve and will cause greater unemployment and inflation. CHAPTER 3 RESEARCH METHODOLOGY AND DESIGN 3.1 MODEL SPECIFICATION This study is to examine the correlation exists between inflation rate and total employment with gross domestic product. It uses secondary data which is based on time series data. The collection of time series data from 1982 to 2006 and the scope is in Malaysia. The researcher applied STATA software to process the data and log-log model in this study. The model applied a log transformation, since log transformations help, at least partially, to eliminate the strong asymmetry in the distribution of inflation (Sarel, 1995) and (Ghosh and Phillips, 1998a, b). The logarithm equation is written in the Equation 3.1. GDP = ÃŽÂ ± + ÃŽÂ ²1In(INF) + ÃŽÂ ²2ln(EMP) + ÃŽÂ µ (Equation 3.1) Where, GDP = Gross Domestic Product ÃŽÂ ± = Constant ÃŽÂ ²1 = Inflation ÃŽÂ ²2 = Employment ÃŽÂ µ = Error term In above equation, it shows clearly dependent variable that has been applied in this study is gross domestic product, besides that, the researcher also used two independent variables which are quantitative variables, they are inflation rate and total employment. 3.1.1 DEPENDENT VARIABLE The dependent variable is the variable of primary interest to the researcher. The researchers goal is to understand and describe the dependent variable, and to explain its variability, or predict it (Sekaran, 2006). Dependent variable of this study is factor contributed to the gross domestic product. According to Zikmund (2000), independent variable is a criterion that predicted or explained. It show that the component contributed to improving of gross domestic product depend on the listed independent variables. 3.1.2 INDEPENDENT VARIABLES According to Zikmund (2000), independent variables that expected to influence the dependent variable. Refer to (Burn and Bush, 2000), independent variables are those variables over which the researcher has some control and wishes to manipulate. In this study, two independent variables will influence the dependent variables. They are inflation rate and employment. 3.2 DATA SET AND METHODOLOGY The collections of data in this research only gain from secondary data and based on time series data which are from 2000 to 2010. The researcher has considered annual data of real GDP, inflation rate and employment. All the data on the growth rate of real GDP, Inflation and total employment were obtained from Department of Statistics Malaysia database. GDP is considered per capita. In addition, according to Aigenger (2005) per capita real GDP is also used as an alternative measure of productivity, as some theoretical models do. Moreover, according to OECD (2001), living standards as represented by per capita income reflects productivity since the former is determined, to a significant extent, by the latter. CPI consider in weight 100 while employment in number of labor. The variables were selected based on relevant economic theories that allow for the interaction among inflation rate and total employment in addition to response to GDP. 3.3 TECHNIQUE ANALYSIS DATA In this research, the researcher has applied unit SPSS in order to determine time series data is stationary or non stationary about the correlation between inflation rate and employment with gross domestic product. The researcher examines the existence of a long-run relationship between inflation and employment with GDP using a vector error-correction model (VECM) after applying Johansens (1988, 1990, and 1995) cointegration technique. We conduct a test for weak exogeneity in order to do inference. Then, the researcher conduct stability test by using Jarque Bera test in order to test normality distribution between the variables selected. Finally, a modified version of the Granger causality test is applied in order to analyze causality between the variables. 3.4.1.1 Multiple Regression Analysis Multiple Linear regression analysis is an analysis of the relationship between one variable (dependent variable) and set of variable (independent variables). It is used by the researcher to test the hypothesis. As in all hypothesis tests, the goal is to reject the null hypothesis and accept the alternative hypothesis. This technique will identify how much of the variance in the dependent variables can be explained by independent variables. This analysis is used primarily for the purpose of prediction. The regression model can be used to predict the value of the proposed model in the study is: GDP = f (INF, EMP) GDP = ÃŽÂ ± + ÃŽÂ ²1 Inflation+ ÃŽÂ ²2 Employment + ÃŽÂ µ Where, GDP = Gross Domestic Pr Relationship between Inflation Rates and Employment Relationship between Inflation Rates and Employment CHAPTER 1 Gross Domestic Product as an indicator of wealth and therefore quality of life has long been criticized (Mederly, P. and et al. 2003). Gross Domestic Product (GDP) is the value of total production of goods and services in a country over a specified period, typically a year. The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a countrys overall economic output GDP can be determined in three ways, all of which should in principle give the same result. The most direct of the three is the product approach, which sums the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of the product must be bought by somebody, therefore the value of the total product must be equal to peoples total expenditures in buying things. The income approach works on the principle that the incomes of the productive factor must be equal to the value of their product, and determines GDP by finding the sum of all producer s incomes (Bureau of Economic Analysis, U.S Department of Commerce, 2007). The most common approach to measure GDP is the expenditure method: GDP= private consumption + gross investment + government spending + (exports à ¢Ã‹â€ imports) GDP = C + I + G + (X-M) (Equation 1.1) An event in 1975 that remind us the current GDP in our country where the Malaysian economy slumped into its great recession, with a GDP growth rate of only 0.8 percent, compared to 8.3 percent in 1974. This is one of the effects of increase in oil prices and then substantial price increase in 1973 were bought about mainly shortage of food and raw materials arising from bad weather and increased aggregate demand (Cheng, M.Y. and Tan,.H.B. 2002). According to the above circumstances occurred in 1975, the researcher has choosing one of variables that may relate with fluctuation of GDP which is inflation rate. Inflation means either an increase in the money supply or an increase in price levels. Generally, when we hear about inflation, we are hearing about a rise in prices compared to some benchmark. The study of the effects of inflation on economic growth continues to be an important and complex topic in economics. If inflation has real economic effects, then governments can influence economic performance through monetary policy (Risso, W.A and Carrera, E.J.S, 2009). Therefore, investigating how inflation affects economic growth pertains directly to the optimal design of monetary policy. Results from such studies are particularly important for economies. Besides the inflation, the researcher has considered total employment as one of the variable in the model since economic growth and employment are correlated between each others. The relationship between unemployment and GDP is called Okuns law. It is the association of a higher national economic output with the decrease in national unemployment. This is because in order to increase the economic output of a country, people will need to go back to work, thus lowering unemployment. In order to support the relationship exist between GDP and employment, the researcher has found out the issue supporting the theory that GDP and employment has a positive relationship between each others. According to Hassan, M.K.H. and et al. (2010), in the period of 1996 -1997, the manufacturing sector experienced a rapid growth producing the employment rate in the sector to grow at 7.7 percent per annum but later declining to negative 3.6 percent in 1998 due to the economic recession. In addition, in year 2000, the Malaysian manufacturing sector contributed 33.4% to gross domestic product (GDP), 85.2% to total export and 27.6% to total employment. 1.2 PROBLEM STATEMENT Inflation is a major source of economic instability because it weakens incentives for work and production, distorts the allocate efficiency of the market mechanism, erodes international competitiveness of the domestic industry, and reduces growth potential. According to study by Fischer and Modigliani (1980) suggested a negative and nonlinear relationship between the rate of inflation and economic growth through the new growth theory mechanism. Furthermore, inflation also damages economic growth by lowering domestic and foreign savings, reducing efficiency of resource allocation, and deteriorating the balance-of payments (Risso, W.A. and Carrera, E.J.S., 2009). According to Cheng, M.Y. and Tan, H.B. (2002), the economy has experienced episode of high (1973-1974, 1980-1981) and low (1985-1987) regimes of inflation, and was able to contain low and stable inflation during the high economy growth period of 1988-1996. The second problem statement that should be concerns since the employment can affect the economic growth and it is important variable to determine the quality of production for national output and next will influence the GDP of our country. For example, in the early 1990s, the unemployment rate increased for about a year following the end of the previous recession. Coming out of a recession, companies are thought to be reluctant to hire many more workers until they are convinced about the sustainability of a new economic recovery while people who had left the labor force during the recession return to seek to find jobs (Seyfried, W.). Therefore, the researcher conducts this research in order to examine the correlation exists between inflation rate and employment with GDP so that we can help the country to mitigate the problem occurs by supporting the governments policies to increase the countrys GDP. In addition, this research also useful since the results of the studies can be used in policys decision for resource allocation in order to accelerate economic growth. 1.3 OBJECTIVES The objectives of the study are to: 1.3.1 Analyze the relationship between Inflation Rate and Gross Domestic Product in terms of magnitude and direction. 1.3.2 Analyze the relationship between Total Employment and Gross Domestic Product in terms of magnitude and direction. 1.4 SIGNIFICANCE OF THE STUDY The significances of this study are as follow: 1.4.1 Researcher This study will help the researcher to complete their course requirement and will be as guidelines for their field of work in the future. The researcher can gain many experiences in order to complete this research. There are lot of weaknesses may be obtained and this will encourage the researcher to provide the better research in the future. Future researcher will know and more understanding about gross domestic product when conduct this research. It will give the knowledge to the researcher to identify the correlation exist between inflation rate and employment and it always make the researcher briefing to know deeply and applied the study. 1.4.2 Organization This study might help the organization in analyzing the countrys economic condition in order to prevent and reduce the risk during the inflation and know the effects of the crisis occurs to them. This study also may give some guidance to them to protect their company and industry itself. 1.4.3 Public This study can inform and gives some knowledge to the public the relationship between economic growth, inflation rate and employment. They also can make preparation to face the increasing in inflation rate and able to survive in that situation. 1.5 SCOPE OF THE STUDY The researcher chooses to conduct the research about GDP in Malaysia from 2000 until 2010 In this study, the researcher wants to determine the correlation exist between inflation rate and employment with GDP in Malaysia. It is important because as economic planners and forecasters used the GDP per capita in monitoring economic growth trend for time series. The collection of data of GDP, inflation rate and total employment were collected from Department Of Statistics Malaysia in quarterly basis. 1.6 THEORETICAL FRAMEWORK Figure 1.1: Theoretical Framework INFLATION RATE GROSS DOMESTIC PRODUCT EMPLOYMENT RATE RATE Independent variables Dependent Variable Figure 1.1 represents the dependent variable and independent variables in this study. The function of theoretical framework has been clarified by Sekaran, U. (2003) which is a conceptual model of how one theorizes or makes logical sense of the relationship among the several factors that have been identified as important to the problem. Figure above clearly discuss the correlation between Gross Domestic Product which is variable primary to the researcher while Inflation Rate and Employment act as independent variable which is influences the dependent variable. 1.7 HYPOTHESIS In classical test of significant, two kind of hypothesis are used. They are Null Hypothesis and Alternate Hypothesis. Hypothesis is a conjectural statement that describes the relationship among variable even negative or positive. Null hypothesis which is represent by H0 symbol to show that the relationship between independent and dependent variable is not exist. However alternate hypothesis is representing by H1 symbol to show that the relationship is existing between both dependent and independent variable. According to Sakaran (2004), a hypothesis defines as a logically conjectured relationship between two or more variables expressed in the form of testable statement. Relationship a conjectured on the basis on the network of associations established in the theoretical framework formulated for the research study. There are two hypotheses that can describes the correlation exists between dependent variable and independent variables. Therefore the hypothesis that can be tested as follows: Inflation and GDP H0: there is no significant relationship between inflation and GDP. H1: there is a significant relationship between inflation and GDP. Employment and GDP H0: there is no significant relationship between employment and GDP. H1: there is a significant relationship between employment and GDP. 1.8 LIMITATION / CONSTRAINTS The limitations / constraints are: 1.8.1 Time constraint The length of time is limited since the researcher does not have much time to make detailed research. The time provided only three months and the researcher need to divide time properly to complete the research because the process of collecting data is quite difficult. 1.8.2 Cost constraint The cost involves is quite high since as a student, the researcher only depend on the loan applied. Examples of cost involve in order completing this research such as cost of printing, cost of maintaining the laptop, cost of surfing the internet and etc. 1.8.3 Data constraint Since the researcher use the secondary data, the collection of data that have been publish are so limited and the related material are not very supporting the topic of research. 1.8.4 Lack of experience The researcher is less of experience in conducting the research therefore needs to refer the researchers advisor to process the data and learning the skill that needed as a good researcher. CHAPTER 2 LITERATURE REVIEW 2.1 DEPENDENT VARIABLE 2.1.1 GROSS DOMESTIC PRODUCT (GDP) Generally, according to Chan, W.W. and Lam, J.C. (2000), gross domestic product is a common measure of the economic well-being of a society. When government officials plan for the future, they consider the various economics sectors contributed to the gross domestic products. In the other study by Ivanov, S. and Webster, C. (2007), they use the growth of real GDP per capita gr as a measure of economic growth in line with other publications in the field (see Ivanov and Webster, 2007; Lopes et al., 2002; Plosser, 1992). The function of GDP also has been explained by Kosmidou, K. (2008) where gross domestic product (GDP) is among the most commonly used macroeconomic indicators, as it is a measure of total economic activity within an economy. The gross domestic product growth (GDPGR), calculated as the annual change of the GDP, is used as a measure of the macroeconomic conditions. The significance between GDP, foreign trade and foreign direct investment has been discussed by Liu Ying and Cui Riming (2008) where the economy is highlighted by the significant performance of both its economic growth and its foreign trade and foreign direct investment. Under this background, the correlation of foreign trade, foreign direct investments and economic growth in has become an important issue for academic research. Previous studies support that foreign trade and foreign direct investment have positive impacts on gross domestic product (GDP). In the study by Malul, M. and et al. (2008), the GDPpc is used mainly to compare the standard of living in different countries. It means that the higher of cost of living in a country, the higher earning of gross domestic product of the country. According to Wong, K.Y.(2008),economic growth of an economy refers to the expansion of its production possibility set, as a result of accumulation of primary factors such as labor and capital (physical and human), or improvement of production technologies. However, because the production possibility frontier (PPF) of an economy is not observable, economic growth is usually measured in terms of the growth rate of some observable variables such as real GDP or real per capita GDP. Besides that GDP also one of the result of the countrys economic activities based on the statement of Daly and Cobb (1989), GDP expresses the content of physical flows of à ¢Ã¢â€š ¬Ã…“capital, industrial production, services, resources and agricultural productà ¢Ã¢â€š ¬?. The scientific research has been conducted by Ligon and Sadoulet (2007) using a sample of 42 countries show that GDP growth, which comes from agriculture is at least twice as effective in reducing poverty compared to GDP growth coming from nonagricultural areas. In order to know the correlation between inflation and growth, Gokal, V. and Hanif, S. (2004), stated that the tests revealed that a weak negative correlation exists between inflation and growth, while the change in output gap bears significant bearing. The causality between the two variables ran one-way from GDP growth to inflation. While, according to some consensus exists, suggesting that macroeconomic stability, specifically defined as low inflation, is positively related to economic growth. 2.2 INDEPENDENT VARIABLES 2.2.1 INFLATION RATE (INF) Inflation on economic growth continues to be an important and complex topic in economics. If inflation has real economic effects, then governments can influence economic performance through monetary policy. Therefore, investigating how inflation affects economic growth pertains directly to the optimal design of monetary policy. According to Andres and Hernando (1999), for example, reducing inflation by one percentage point when the rate is 20 percent which results in an increase in the growth rate of 0.5 percent, compared to reducing inflation by one percentage point when the inflation rate is around 5 percent, which results in a decrease in the growth rate by 1 percent. Furthermore, a study by Mallik and Chowdhury (2001), the structuralisms argue that inflation is necessary for economic growth, whereas the monetarists argue the opposite, that is, inflation is detrimental to economic growth such debate started in the 1950s, focused on developing countries, which had long suffered fro m low-growth rates with high rates of inflation and larger deficits in the balance of payments. In order of inflation, the monetarists argue that price stability promotes economic growth and protects the balance of payments. They argue that inflation is major sources of economic instability because it weakens incentives for work and production, distorts the allocative efficiency of the market mechanism, erodes international competitiveness of the domestic industry, and reduces growth potential. They also argued that inflation damages economic growth by lowering domestic and foreign savings, reducing efficiency of resource allocation, and deteriorating the balance-of-payments. To monetarists, stable prices are the starting point in the process of economic development. The policy choice of a country would be stabilization with growth, or stabilization without growth. Several papers are typical of the monetarist tradition. To argue that, according to Fischer and Modigliani (1980) suggested a negative and nonlinear relationship between the rate of inflation and economic growth through the new growth theory mechanism proposed a model where the agents decide the level of labor output, and an increase in inflation reduces labor supply, and producing a decrease in economic production. On the other hand, a study by Mundell and Tobin (1965), the structuralizes argue that inflation normally accompanies economic growth in developing countries because structural rigidities and bottlenecks in supply sectors prevent the elastic supply of some basic commodities such as food, housing, energy, and transportation. Increased income as a result of growth would expand demand for such basic commodities, and prices would rise. The structuralize position is that economic difficulties in developing countries have roots deeper than just the results of inflation. Thus, structuralizes thought that inflationary pressures and det erioration in the balance of payments inevitably are attendant matters of economic growth. In developing countries, there thus would be a trade-off relationship between economic growth and inflation and an attendant deterioration in balance of payments. If a developing country wants stabilization of prices and balance of payments, it must reduce the speed of economic growth, including a sacrifice of employment. Among scholars who support the structuralize position on a positive relationship between inflation and economic performance, predict a positive relationship between the rate of inflation and the rate of capital accumulation, which in turn implies a positive relationship to the rate of economic growth. But, DeGregorio (1996) and Fischer (1926) pointed out, since money and capital are substitutable, an increase in the rate of inflation increases capital accumulation by shifts in portfolios from money to capital and thereby stimulate a higher rate of economic growth was the first to establish a negative correlation between inflation and unemployment. According to Grier and Grier (2006), it presents evidence on the real effects of inflation and inflation uncertainty on output growth. Their main findings are as follows: Inflation uncertainty has a negative and significant effect on growth Once the effect of inflation uncertainty is accounted for, lagged inflation does not have a direct negative effect on output growth; and As predicted higher average inflation raises inflation uncertainty, and the overall net effect of average inflation on output growth. Differ with theory of Bortis, H. (2004), he argues that inflation is a macroeconomic phenomenon represented by a gap between global supply and global demand. Inflation affects the money-output relationship, as does deflation; both phenomena modify the purchasing power of money over domestic output. In this view, price indices cannot come to grips with the inflation phenomenon. While Cheng and Tan (2002) in their study inflation in Malaysia, suggested that main factors affecting Malaysian inflation were external (foreign trade, foreign direct investment and technology transfer). Malaysia has been comparatively successful in balancing strong economic growth with moderate levels of inflation in the periods preceding and following the Asian Financial crisis. Actually, empirical results related to low and medium inflation are of a mixed nature; some papers (mainly these analysing the developed economies) argues that moderate inflation negatively affects growth (e.g. Alexander, 1997, Gillm an et al. 2002; Gillman and Harris 2009; Gillman et al. 2001; Fischer 1993; De Gregorio 1992 and 1993) while other argues that moderate inflation is actually stimulating growth. On the theory side Friedman (1977) in his Nobel lecture argues that a positive relationship between the level of inflation and inflation uncertainty. Friedman points out higher inflation leading to greater uncertainty, which lowers welfare and efficiency of output growth. On the other hand, Ball (1992) formalizes Friedmans hypothesis using an asymmetric information game where public faces uncertainty regarding the type of policymaker in the office. One of the policymaker is willing to tolerate a recession to reduce inflation and the other is not. During the low inflation time, both type of policymakers will attempt and try to keep it low. But, when inflation is high, only the tough type or anti-inflation policymaker will bear the economic costs of disinflation. The argument that central banks should emphasize holding down inflation comes from the beliefs that inflation has an adverse effect on macroeconomic variables, such as output and productivity growth. According to Clark (1982), inflation causes misperception of the relative price levels and leads to inefficient investment plans and therefore affects productivity inversely. Furthermore, inflation erodes tax reductions for depreciation and raises the rental price of capital, which in turn causes a reduction in capital accumulation and therefore in labour productivity. In addition, according to Feldstein (1982) inflation disrupts investment plans by imposing a higher tax rate on corporate profits and through higher effective tax rates on corporate income and accordingly affects productivity (Gilson, 1984; Boskin et al., 1980). Finally, inflation distorts price signals and reduces the ability of economic agents to operate efficiently (Smyth, 1995). According to Chen and et al. (1991), it has documented a significant relationship between the US stock returns and real economic variables such as industrial production, real GNP, interest rates, inflation and money supply. Besides that, there are also otherwise arguments that there is no relation between inflation rate and gross domestic product in the long run. For instance, Faria and Carneiro (2001) investigate the relationship between inflation and output in the context of an economy facing persistent high inflation and they find that inflation does not affect real output in the long run, but that in the short-run inflation negatively affects output. In addition, scholars such as Sidrauski (1967) suggest that there is no relationship between inflation and economic growth, supporting the hypothesis of super neutrality of money. On the other hand, Sarel (1995) asserts that there is a nonlinear relationship between inflation and economic growth. Using 87 countries, he finds the existence of an inflation threshold of 8 percent. Above the threshold there is a negative relationship between inflation and economic growth, whereas under the threshold there is a positive but not significant relationship. The others studies in order to prove Sarels result, Judson and Orphanides (1996) divide Sarels sample of countries into three groups, and they find similar results to Sarel, finding a threshold of 10 percent. Ghosh and Phillips (1998a, b) study 145 countries in the period 1960-1990 again finding similar results. Paul et al. (1997) study 70 countries (of which 48 are developing economies) for the period 1960-1989. They find no causal relationship between inflation and economic growth in 40 percent of the countries, bidirectional causality among 20 percent of the countries, and unidirectional causality for the rest (either inflation to growth or vice versa). Lastly, Mendoza (1998) finds that inflation has had no effect on Mexicos long-run economic growth since he conducted the study of inflation in Mexico. 2.2.2 EMPLOYMENT Some of studies have been conducted to examine the relationship between gross domestic product and employment. For instance, according to Okun (1962) and Philips (1958), they found different relationship both of these. Okun found a negative correlation between unemployment and economic growth, then from both propositions it can be deduced a positive relationship between economic growth and inflation while Phillips proposed a positive relationship between inflation and unemployment implying the same type of relationship. In addition, Boltho and Glyn (1995) found elasticities of employment with respect to output growth in the order of 0.5 to 0.6 for a set of OECD countries. While according to Evangelista and Perani (1996) discovered evidence suggesting that restructuring of major economic sectors reduce the relationship between economic growth and employment. A specific research conducted by Seyfried, W., among the G7 countries (Canada was excluded), a positive and significant relationship between growth in value added and employment was found only in Germany and the US. In addition, according to Verdoon (1949) and Kaldor (1966), an increase in output growth of 1 percent leads to an increase in productivity and employment growth of half a percentage point each. It should be noted that the higher the productivity effects of growth, the more difficult it will be to keep unemployment from rising. According to Okuns Law an increase of the economic growth rate by 3 percent (above the normal rate) was expected to reduce the unemployment rate by 161 percentage point. Or, to put it the other way round: The gain of real GDP associated with a reduction in unemployment of one percentage point was estimated to be 3 percent. Several studies also have been conducted to examine the correlation exists between employment and inflation rate. One of the studies by Spithoven, A.H.G.M. (1995), by the end of the 1960s evidently there was no fixed relationship between unemployment and inflation. Empirical research revealed that the relationship was not consistent over time and varied sharply between countries. This was explained as follows: in the short run higher nominal wages attract more labour and engender a fall in the rates of unemployment. As soon as the workers recognize the wage rise to be purely nominal they abstain from work, and unemployment is restored to the pre-wage-rise level, but with a level of prices higher than before. Secondly, according to Brenner (1991), confronted with a combination of unemployment and inflation (stagflation), many governments abandoned efforts to regulate the economy by the Keynesian instruments. They declared fiscal policies ineffective and sought refuge in a mixture of m onetary measures with supply-side economics. According to Keynes (1946), the volume of employment is given by the point of intersection between the aggregate demand function and the aggregate supply function. This was naively interpreted and construed to imply that a rise in costs à ¢Ã¢â€š ¬Ã¢â‚¬Å" and with this was meant a rise in costs owing to increasing government expenditure à ¢Ã¢â€š ¬Ã¢â‚¬Å" will result in an upward shift of the supply curve and will cause greater unemployment and inflation. CHAPTER 3 RESEARCH METHODOLOGY AND DESIGN 3.1 MODEL SPECIFICATION This study is to examine the correlation exists between inflation rate and total employment with gross domestic product. It uses secondary data which is based on time series data. The collection of time series data from 1982 to 2006 and the scope is in Malaysia. The researcher applied STATA software to process the data and log-log model in this study. The model applied a log transformation, since log transformations help, at least partially, to eliminate the strong asymmetry in the distribution of inflation (Sarel, 1995) and (Ghosh and Phillips, 1998a, b). The logarithm equation is written in the Equation 3.1. GDP = ÃŽÂ ± + ÃŽÂ ²1In(INF) + ÃŽÂ ²2ln(EMP) + ÃŽÂ µ (Equation 3.1) Where, GDP = Gross Domestic Product ÃŽÂ ± = Constant ÃŽÂ ²1 = Inflation ÃŽÂ ²2 = Employment ÃŽÂ µ = Error term In above equation, it shows clearly dependent variable that has been applied in this study is gross domestic product, besides that, the researcher also used two independent variables which are quantitative variables, they are inflation rate and total employment. 3.1.1 DEPENDENT VARIABLE The dependent variable is the variable of primary interest to the researcher. The researchers goal is to understand and describe the dependent variable, and to explain its variability, or predict it (Sekaran, 2006). Dependent variable of this study is factor contributed to the gross domestic product. According to Zikmund (2000), independent variable is a criterion that predicted or explained. It show that the component contributed to improving of gross domestic product depend on the listed independent variables. 3.1.2 INDEPENDENT VARIABLES According to Zikmund (2000), independent variables that expected to influence the dependent variable. Refer to (Burn and Bush, 2000), independent variables are those variables over which the researcher has some control and wishes to manipulate. In this study, two independent variables will influence the dependent variables. They are inflation rate and employment. 3.2 DATA SET AND METHODOLOGY The collections of data in this research only gain from secondary data and based on time series data which are from 2000 to 2010. The researcher has considered annual data of real GDP, inflation rate and employment. All the data on the growth rate of real GDP, Inflation and total employment were obtained from Department of Statistics Malaysia database. GDP is considered per capita. In addition, according to Aigenger (2005) per capita real GDP is also used as an alternative measure of productivity, as some theoretical models do. Moreover, according to OECD (2001), living standards as represented by per capita income reflects productivity since the former is determined, to a significant extent, by the latter. CPI consider in weight 100 while employment in number of labor. The variables were selected based on relevant economic theories that allow for the interaction among inflation rate and total employment in addition to response to GDP. 3.3 TECHNIQUE ANALYSIS DATA In this research, the researcher has applied unit SPSS in order to determine time series data is stationary or non stationary about the correlation between inflation rate and employment with gross domestic product. The researcher examines the existence of a long-run relationship between inflation and employment with GDP using a vector error-correction model (VECM) after applying Johansens (1988, 1990, and 1995) cointegration technique. We conduct a test for weak exogeneity in order to do inference. Then, the researcher conduct stability test by using Jarque Bera test in order to test normality distribution between the variables selected. Finally, a modified version of the Granger causality test is applied in order to analyze causality between the variables. 3.4.1.1 Multiple Regression Analysis Multiple Linear regression analysis is an analysis of the relationship between one variable (dependent variable) and set of variable (independent variables). It is used by the researcher to test the hypothesis. As in all hypothesis tests, the goal is to reject the null hypothesis and accept the alternative hypothesis. This technique will identify how much of the variance in the dependent variables can be explained by independent variables. This analysis is used primarily for the purpose of prediction. The regression model can be used to predict the value of the proposed model in the study is: GDP = f (INF, EMP) GDP = ÃŽÂ ± + ÃŽÂ ²1 Inflation+ ÃŽÂ ²2 Employment + ÃŽÂ µ Where, GDP = Gross Domestic Pr