The Simulation This Week Based On A Fictitious Town Of Atlantis

This week’s assignment examined the effects of supply and demand on the pricing and availability of real world goods. In this instance, the simulation looked at pricing and availability of two bedroom apartments in the fictional city of Atlantis. The simulation takes a look at several different situations, outside market factors and governmental influence. By going through the simulation and adjusting the pricing levels of the apartments and the number that are being made available to be rented, the simulation shows the effects of things like new employers moving into the area, rent control laws being put into effect and the

Goodlife Management is the sole provider of apartments available for rent in the city of Atlantis in which the supply and demand simulation provided by UPOX takes place. The simulation provides excellent, real-life examples of how the supply and demand curves may shift based upon various factors that occur within the market in Atlantis. The following details such examples as microeconomics versus macroeconomics, equilibrium pricing, and what drives the elasticity of the market price of the two-bedroom apartments that are available for rent in Atlantis.

In the supply and demand simulation a neighborhood called Atlantis is given for the setting. Atlantis is a small city with open spaces, low population, and a low crime rate. There are plenty of sidewalks and street systems for easy access to the highway. The housing in Atlantis is detached homes and apartments. The supply and demand simulation consists of microeconomics and macroeconomics. The simulation presents shifts in the demand and supply curve, equilibrium, price, and quantity.

Macroeconomics (from the Greek prefix macro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behaviour, and decision-making of an economy as a whole, rather than individual markets. This includes national, regional, and global economies.[1][2] With microeconomics, macroeconomics is one of the two most general fields in economics.

Many businesses consist with constant decision makings. It can be a group decision making or such as an individual decision making. Microeconomics is the part of economics concerned with single factors and the effects of individual decisions. Business take use of microeconomics data to make multiple of different choices, which could determine the success or failure of their business. Microeconomics is the reliability and currency of the information a business uses, therefore, is usually the most important strategy that the company or enterprise relies on when things get difficult or just wanting to grow their business taking a risk.

Macroeconomics is the branch of economics that examines the economic behavior of aggregates – income, employment, output, and so on – on a national scale.

To be granted the privilege of participate in the Atlantis Project would be life fulfilled. I have always known that I aspire to practice medicine and I am confident that the opportunities available in this project will give me the exposure I need to be able to achieve this. Ever since high school, I have participated in programs and taken classes geared toward this aspiration I have of becoming an anesthesiologist. The opportunities offered by the Atlantis Project are beyond any of which I have had the pleasure of experiencing thus far. Learning, of course, is the driving force of my decision to apply to this program. I am a firm believer that a critical component of care is education. In order to provide the best possible care in future,

Bacon trusted that science could propel people socially. In the New Atlantis the lord offers numerous depictions of what the general public brings to the table and what it is doing experimentally. Advancement is apparent in that natives benefit from these logical headways. “Our foundation is the knowledge of causes, and secret motions of things; and the enlarging of the bounds of human empire, to the effecting of all things” (Bacon 18). He then clarifies how the island got some of its data and the positions at which certain individuals are permitted to lead tests. He likewise uncovers to the sailors, “These are, my son, the riches of Salomon’s House” (Bacon 23). Inside of this "house" there is a choice of researchers and adventurers that lead

Microeconomics is economics in a company that focus mainly on market, consumption, and supply and demand. Macroeconomics on the other hand focus on nation's economics as a whole, thus it is harder to come up with a solution. An example would be an economist in the Department of The Treasury. This job concentrates on macroeconomic aspects such as tax policies, problem analysis, assumes technical responsibility for various phases, research and evaluates different data, and produce recommendations associate with different problems. As this job seen to have little impact on the environment, it would be very wrong. Macroeconomics is made out many microeconomics decisions and many companies including energy companies, and other harmful one. The solution is harder than jobs in microeconomics and there might not be

“This is by far the greatest discovery in the history of the Atlantis” suggests by of one of the finest scientists Maxine Klein Asher, the co-director of a scientific voyage searching for Atlantis, declared "This is by far the greatest discorvery in the hisotry of the Atlantis," upon finding a city at the bottom of the Atlantic Ocean around Spain (Oman).A few other archeologists and explorers have claimed to discover evidence of a continent that was previously existed, but, today, this evidence cannot be proven. Tony Benik reported the existence of an enormous eleven-room pyramid with a huge crystal top 10,000 feet underwater in the mid-Atlantic Ocean. Soviet expeditions led by Boris Asturua claimed to have found a sunken city about 400 miles off of Portugal. This city had buildings of extremely strong concrete and plastic.

Macroeconomic analysis helps firms to explore the interrelationships among a whole host of markets, while microeconomics focuses on variables like price and quantity, & cost

Macroeconomics deals with large scale phenomena. Microeconomics deals with the options of small economic unit.

The movie begins with a calm ocean, disrupted by an unknown force and creating a tsunami to end the once great city called Atlantis. The Atlanteans were panicking as a giant barrier shielded the city. The scene shows young child Kidagakash tearing after watching her mother ascending to the crystal and

Macroeconomics is the branch of economics concerned with the aggregate, or overall, economy. Macroeconomics deals with economic factors such as total national output and income, unemployment, balance of payments, and the rate of inflation. It is distinct from microeconomics, which is the study of the composition of output such as the supply and demand for individual goods and services, the way they are traded in markets, and the pattern of their relative prices.

Microeconomics is defined as: The study of the operations of the components of a national economy, such as individual firms, households, and consumers (www.answers .com accessed 02Oct07). This is a study of the relationship between the consumer and the supplier based on various fluxuations in the market.