Declaration Of Originality Synopsis - 3027 Words

SAE Institute Glasgow Reflective Report Name: Thomas Gallagher Student number: 16985 Email address: gallsey_@msn.com Course code: ADHE0413 Lecturer: Omar Khan Submission for: BA/BSC Audio Production Submission Date: 29th August 2014 DECLARATION OF ORIGINALITY I hereby declare that I wrote this essay on my own and without the use of any other than the cited sources and tools and all explanations that I copied directly or in their sense are marked as such, as well as that the dissertation has not yet been handed in neither in this nor in equal form at any other official commission. Signature: Date: Place: CONTENTS INTRODUCTION Page 4 Overview Page 4 Backgound Page 4 THE PROCESS Page 5 Team roles†¦show more content†¦I also thought that we would work well together and would develop a good idea as a team. The members of the team had not worked together on such an extensive project together, although we did have some contact working on a previous assignment on the subject of feminism; however our working relationships essentially felt like they were starting a fresh. The business model we decided upon was based on providing a web application that allowed audio equipment shops, studios and audio professionals (collectively referred to as ‘service providers’ within the project) to advertise and sell their services to consumers. The business model is similar to that of ‘Just Eat’ or ‘eBay’ but designed and targeted at ‘audiophiles’, hence the name ‘WavePhile’.The concept for the business grew out of our initial idea to connect session musicians in local areas. However after the group discussed this we decided to include other services such as studio hire and equipment hire/sales as we realised that from a technical standpoint offering one of these features could be easily modified to include many. This would also offer us a unique selling point as although other applications offer similar services, none bring them together as one. Taking this into consideration, we were also conscious not to overcomplicate the design of the system during the process. We looked at ‘Reverbnation’ as an example of a systemShow MoreRelatedWorld Intellectual Property Organization ( Wipo ) Copyright1677 Words   |  7 Pagesthere much in the prior periods, the nature of these laws have been regional with the exception of some fundamental good values that one can observer to be found in verging on each human progress. Idea OF ORIGINALITY One of the essential and principal necessity of copyright is Originality. As talked about above, in view of the impacts of different elements that have influenced the jurisprudential advancement of copyrights, the necessity and desires from innovation have additionally been distinctiveRead MoreGuide to Writing Research Proposal and Thesis5636 Words   |  23 Pageschange as you prepare the proposal; it should become more refined until it is as specific as possible to the content that you will present. The abstract should follow the bibliographic information, that is, the title and author. The abstract is a synopsis or summary of the main points of your proposal and should clearly identify the problem or issue that your thesis research is designed to address, the objectives of your study and the research methods you are going to use. Chapter 1 IntroductionRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesinsufï ¬ cient information. 13. I like parties where I know most of the people more than ones where all or most of the people are complete strangers. 14. Teachers or supervisors who hand out vague assignments give one a chance to show initiative and originality. 15. The sooner we all acquire similar values and ideals the better. 16. A good teacher is one who makes you wonder about your way of looking at things. SOURCE: Tolerance of Ambiguity Scale, S. Budner (1962), â€Å"Intolerance of Ambiguity as a PersonalityRead MoreProject Mgmt296381 Words   |  1186 Pagesmanagement commitment means more than giving a blessing to the priority system; it means management will have to rank and weigh, in concrete terms, the objectives and strategies they believe to be most critical to the organization. This public declaration of commitment can be risky if the ranked objectives later prove to be poor choices, but setting the course for the organization is Chapter 2 Organization Strategy and Project Selection 47 FIGURE 2.6 Priority Analysis Must objectives

History of American Agriculture Farm Machinery and Technology

Personal Responsibility Is the Fuel for College Success

Personal Responsibility is the fuel for college success XXXX GEN/200 XXXX Instructor: XXXX Personal Responsibility is the Fuel for College Success Although many people attend universities and colleges, not everyone has a successful college experience. Success in college relies on many things. Dedication, a positive attitude, and good time management skills are just a few of requirements for a successful college experience, but without the one most important component,†¦show more content†¦My goal is to graduate college with a Bachelor of Science in Information and Technology. Because I completed about half of the credits needed to graduate years ago, I have set a goal to finish my degree in two years. I have also set a personal goal to graduate with honors. To achieve these goals, I have broken these goals down further and further, to the basic steps of completing all of my assignment in a timely manner, and to complete them to the very best of my ability. To complete these goals in a timely manner, I must plan for time management. According to a study done by George, Dixon, Stansal, Gelb, amp; Pheri (2008), â€Å"Time management skills are the greatest predictor of GPA, supporting the Britton and Tesser24 finding that time-management practices are central to academic success†(p. 711) Having a family, working full time, attending college, and leaving time for my hobbies requires quite a bit of time juggling. There is no way to make these all work without some sacrifice. I will have to dedicate time that I normally spend elsewhere to my studies. According to the plan that I have made, most of this sacrifice probably will come from the time I currently spend on hobbies. Although I do not want to give up this hobby time, as I find it personally rewarding, I realize that by sacrificing the time now, I will be better served in the future. If my collegeShow MoreRelatedCollege Is The Best Four Years Of One s Life1297 Words   |  6 PagesConflict and Resolution College is said to be the best four years of one’s life. I believe that, no matter the circumstances, the outcome of someone’s college experience is completely dependent upon the student himself. Regardless of any obstacles a student faces, it is up to himself to make the most out of college and be successful. Despite the various challenges that lay ahead of me, either common among university students or unique to myself, I will graduate and make college the best four yearsRead MoreChoosing a College Course1637 Words   |  7 PagesWhat Are The Factors To Consider in Choosing A College Course? (Rudy John H. Atinaja) Introduction Many students find it difficult in choosing what course to take in college. 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You don t have to be the boss of anyone else to be a Girl Boss. So it s about keeping personal responsibility for your future, being comfortable taking risks, and understanding that failure is the byproduct of your own invention. If you re learning from everything that you re doing, even if the outcome is not what you had anticipated or expectedRead MoreThemes in President Obamas 2014 State of the Union Address574 Words   |  2 Pageseducation for the young, and provide a safeguard for older Americans, by introducing â€Å"MyRA† retirement savings. Ordinary citizens or military personal, young or old, President Obama appeals to all of America not focusing on one particular demographic. There are many controversial topics that needed to be addressed in the speech. Many include climate; alternative fuel, foreign affairs; relations with the Middle East, and education. Obama has a bipartisan stance on most of the issues. (Not siding a particularRead MorePersonal Marketing Plan Personal SWOT Analysis2389 Words   |  10 PagesIntroduction Upon completion of my undergraduate degree in Aviation Management, I will pursue a career with a major airline. Not only will I realize a life long dream but also it will be a personal accomplishment in an academic road that was often complicated. Ideals may change, values do not and some things just take a little more time to achieve. Situation Analysis *Significant Life Events Embry Riddle Aeronautical University in Prescott, Arizona solidified my passion for a career in aviationRead MoreStatement of Purpose to Pursue a School Counseling Master’s Program at University of Maryland2448 Words   |  10 PagesPERSONAL STATEMENT My pursuit of becoming a School Counselor led me to apply to the School Counseling Master’s Program at University of Maryland, College Park. I am a former student at University of Maryland with a bachelor’s degree in Elementary Education. After graduating and teaching for two years in Prince George’s County Public Schools, I discovered my true passion lies not only in the classroom and students’ academics, but playing a pivotal role in the growth of their career, social, and personal

The Effects Of Fast Food On The Food Industry - 2086 Words

Fast Food is the term given to food that can be prepared and served quickly. Typically the term refers to food sold in an economical restaurant served to the customer for eating there or elsewhere but, any meal with low preparation time can be considered to be fast food. It might seem harmless, satisfy your hunger, and be cheap, but research has shown there are more severe consequences beyond just gaining a couple pounds. The food industry is run very intelligently in that they have many clever business strategies designed for the sole purpose of earning money. Their main targets are children and students to make billions of dollars in profit. In a world ever changing and constantly speeding up, people choose to eat at fast food restaurants because it’s quick, efficient, and delicious. However many do not know the truth behind it and the harmful effects that are contributed to eating fast food. Not only can fast food cause illnesses, but it also makes its way towards obes ity and food poisoning. As a result, one should wisely think before eating at any fast food restaurant, not just from experience working at the fast food restaurant Carl’s Jr., but also due to the ever-increasing amount of facts and statistics pointing to the unhealthy nature of the fast food industry. Some interesting facts come into connection; did you know that most Americans eat three burgers a week and that 81% of Americans consume junk food while driving? It comes as no surprise, since peopleShow MoreRelatedThe Effects Of Fast Food On The Food Industry2319 Words   |  10 Pagespresent themselves (What Causes Obesity, 2006). Advertisements in the fast food industry are persuading people to eat their greasy, fat, salty, unhealthy foods (McDonald’s Advertising Themes, 2013). In order for people to live a happy, healthy life, they must change their eating habits. However, fast food advertisements are contributing to what is making eating habits so hard to change, with their misleading advertising. Fast food is slowly but surely killing us, yet we hardly notice until it finallyRead MoreEffects Of The Fast Food Industry On Canadians1263 Words   |  6 Pages This paper will look at the effects of the fast food industry on Canadians, specifically, the raise of obesity in C anada due to the wide availability of fast foods. This topic is covered by providing a background about obesity, examining the health consequences, the economic impact, and looking at the social impact and the psychosocial impact on individuals diagnosed as obese. The paper was researched by reading about the subject matter in peer-reviewed journals and grey literature. The search termsRead MoreThe Economic Effect Of A Minimum Wage Increase On The Fast Food Industry Essay2389 Words   |  10 PagesEconomic Effect of a Minimum Wage Increase in the Fast Food Industry A question plaguing economists in the news the last couple of years is what would the effect of an increase in the fast food industry minimum wage be for the workforce. Better yet, how would it effect the fast food industry itself. There have been certain areas of the country that have already increased fast food workers minimum wage, but the debate is would it work elsewhere. With the increase in the demand from fast food workersRead MoreThe Fast Food Industry Has a Harmful Effect on Society1211 Words   |  5 PagesThesis: The fast food industry has a harmful affect on society. Topic Sentence 1: Fast food causes Coronary Artery Disease. Topic Sentence 2: Fast food is popular among our nation. Topic Sentence 3: The environment is affected by the fast food industry. We provide food that customers love, day after day after day. People just want more of it†(Ray Kroc, Founder of McDonald’s). Coronary Artery Disease is a type of heart disease and the most common cause of heart attacks. Plaque from eating unhealthyRead MoreEssay about The Effects of the Fast Food Industry on Britain4492 Words   |  18 PagescÐ ¾nceptiÐ ¾n Ð ¾f the British fÐ °st fÐ ¾Ã ¾d industry Ð °nd hÐ ¾w it Ð °ffects its sÐ ¾ciety in vÐ °riÐ ¾us Ð °spects. FÐ °st-fÐ ¾Ã ¾d mÐ ¾stly Ð °dÐ °pted tÐ ¾wÐ °rds the yÐ ¾ung peÐ ¾ple Ð ¾f the mÐ °rket. In terms Ð ¾f prepÐ °rÐ °tiÐ ¾n Ð °nd service times Ð ¾f fÐ °st fÐ ¾Ã ¾d Ð °re cÐ ¾nsiderÐ °bly quick. Ð s fÐ °st fÐ ¾Ã ¾d is Ð ° prÐ ¾duct Ð ¾f perishÐ °ble nÐ °ture it cÐ °n be cleÐ °rly differed frÐ ¾m the Ð ¾ther Ð °rticles Ð ¾f fÐ ¾Ã ¾d. The Ð ¾bjectives Ð ¾f the reseÐ °rch Ð °re: TÐ ¾ identify Ð °nd develÐ ¾p cÐ ¾nsumer behÐ °viÐ ¾ur prÐ ¾files Ð ¾f the fÐ °st-fÐ ¾Ã ¾d industry. TÐ ¾ determine the custÐ ¾mer trends inRead MoreHow Fast Food Has A Latent Function957 Words   |  4 PagesFor many years, people have turned to fast food restaurants to get food that is prepared and served very quickly. Without knowing that fast food has an unaware consequences. Furthermore, I grew up in a country where people cooked every day. However when I moved to the United States, the lifestyle that I knew changed. Due to my parents work schedules, it was easier to get fast food. But, I did not know that fast food has a latent effect. Using Functionalist Robert K. Merton idea that every activitiesRead MoreFast Food Research Paper1014 Words   |  5 PagesFA Research Paper Topic: Fast Food 1. Why is fast food bad for you? 2. What are the effects of eating fast food? 3. What are some successful fast food industries and there business strategies? Introduction It seems harmless, satisfies your hunger, and is cheap, but really is egregiously unhealthy. The fast food industry is very smart; they have many sly business strategies to make money. They target children and students and make millions of dollars in profit. Each and every dayRead MoreThe Dark Side Of A Growing Industry1454 Words   |  6 Pages The Dark Side of a Growing Industry 186,627. That is the exact number of fast food restaurants that existed in the United States in 2012, according to Numberof.net. The fast food industry has become the face of America. On every intersection there is a McDonalds, Burger King, Jack in the Box, Taco Bell, Chipotle, or Church’s. As an American, one can go anywhere in the country and find the same fast food that they’re used to in nearly every state. Many of these places have already figured out howRead MoreFast Food Nation Essay862 Words   |  4 PagesFast food is very popular amongst today’s society. Fast Food Nation has reasons for the explosion in popularity of fast food restaurants in the mid-1900’s. It also explains negative effects on American Culture in today’s society. The fast-food industry has multiplied across America and changed the food industry. Eric Schlosser describes in Fast Food Nation the way people think about what they eat and what people think of the fast food ind ustry, and also its impact on society. 2 ND There are manyRead MoreAll That and a Bag of Chips719 Words   |  3 Pagesto know that fast food would alter the way I looked? But then again, I was just only a child; I had no control over what I ate. I’m guessing my parents were supposed to take care of my diet though? That is the idea that Spurlock, Popkin, and Schlosser try to reveal; Americans have no idea what they stuff in their mouths and don’t know how to control their binge for fast food. These three artists take different approaches in informing us the cause and effects of the fast food industry. Spurlock perfectly

Focussed Assessment For Katie Mcconnell

Question: Discuss about the Focussed Assessment For Katie Mcconnell. Answer: The patient Katie McConnell is 23-year-old woman who was admitted to the neurosurgical trauma unit after a road traffic accident that involved a slow-moving car. She sustained a subdural haematoma due to the accident which occurred 18 hours ago. During the change of shift, the patient was received with the following vital signs: Blood Pressure of 142/78, a heart rate of 89 beats per minute, and respiration rate of 13 breaths per minute. She also had a 96% oxygen saturation and a Glasgow Coma scale of 14. Moreover, she had some problems in remembering recent information. However, she could recall some when prompted. On verbal assessment, she reports having had a painful ankle which had lasted for a long time and was sustained when she was playing basketball. She also does not like to use painkillers due to an unexplained reason. At the time of handing over, she was with her partner. She has been diagnosed with a mild traumatic injury. This condition has a characteristic effect on memory especially if it affects any part of the brain. Therefore, the symptoms that Katie McConnell is experiencing are typical of the condition. However, the ankle pain has lasted for long, and in most cases, these conditions heal after a short while (Parry, 2015). It indicates that the problem could be more intense. Additionally, her inability to recall recent information has not been established whether it is related to the accident or another cause that she has not explained. Therefore, I will have to enquire more about the historical perspective of her mental state through a mental status examination. Furthermore, any mild joint injury such as a contusion heals within a week or two (Fischbach, 2012). However, Katies ankle pain has lasted for so long (Parry, 2015). This phenomenon indicates that it could be a sprain that was never corrected due to overstretching or tension on either the deltoid ligament, the anterior talofibular ligament, the posterior talofibular ligament or the calcaneofibular ligament when she was playing basketball. Additionally, it could be a strain on the peroneus longus or Brevis muscles, the posterior and anterior tibialis muscles, the lower portion of the gastrocnemius or the soleus muscles. Either one or more of the ligaments could be damaged or one or more muscles. Katies systolic blood pressure is very high at 142 mmHg indicating that she is in stage 1 hypertensive state. Because some blood has been lost due to the subdural haematoma, the bodys compensatory mechanism has been initiated to pump enough blood to reach the vital body organs such as the brain and the liver. Moreover, the blood pressure is also increased due to the fright, fight and flight mechanism of the sympathetic nervous system due to the patients panic and anxiety caused by the reality and shock of getting involved in an accident. The blood pressure is elevated to supply more nutrients to the vital organs which are necessary to create more energy and activity for escape. When involved in an accident, the blood pressure is expected to be elevated but not exceeding the pre-hypertensive state where the systole is supposed to range between 120-139mmHg and diastole between 80-89mmHg ("I.1. Workshop: Health Technology Assessment and Health Impact Assessment Two key examples of heal th assessment", 2014). As such, Katies systolic pressure has exceeded the expected, and this has to be handled with immense care and administration of the necessary medications because a hypertensive crisis is dangerous for the blood capillaries and the major organs such as the kidneys, lungs and the liver. Katies heart rate is within the normal range of between 60-100 beats per minute. This indicates that her myocytes contractility and their rhythm is normal. I am not too worried about her pulse, but the blood pressure draws my optimal concern. Therefore, its imperative to check her urinary output and also perform the Liver Function Tests (LFTs) to ascertain the effects of the increased systolic pressure on the two organs, the liver, and the kidneys. The respiration rate of Katie is within the normal ranges of 12-20 breaths per minute. It, therefore, indicates that the lungs are yet to be affected by the elevated systolic pressure. It is expected that in the long run, she could develop pulmonary oedema and subsequent tachypnoea, dyspnoea, lethargy and other respiratory symptoms if the blood pressure is not corrected (Ducker, Simmons, 2015). Therefore, one organ is safe but only for a while. Katies oxygen saturation is at 96% within the expected ranges of between 95%-100%. This means that the organs are receiving the required amounts of oxygen for normal metabolic activities. The brain is also part of the vital organs that is receiving enough oxygen despite the subdural haematoma. As such, prompt measures to remove the haematoma will maintain the functioning of her nervous system and restoration of normal health. Moreover, the level of injury to Katies brain is not severe because her Glasgow Coma Score was 14 out of the highest possible 15. The loss of short-term memory could be due to the pressure on the limbic system caused by the haematoma and the rise in blood pressure (Payne, 2015). Additionally, it could be pressure to any of the constituent organs of the limbic system that control memory; they include the hippocampus, the amygdala, hypothalamus, thalamus, epithalamiums, cingulate gyrus among others (Payne, 2015). Therefore, I will have to ascertain her Intracranial Pressure (ICP) and maintain it at the normal levels using hypertonic saline or mannitol ("Cerebral Perfusion Pressure or Intracranial Pressure?", 2013). However, I will have to perform a brain imaging to ascertain the extent of the haematoma to determine the management mode. If it is mild, I will just monitor and maintain bed rest so that the macrophages clear it. However, if it is severe, I will prepare her for Burr hole trephination, a craniotomy or a craniectomy depending on the surgeons recommendations (Emich, Dollenz, Winkler, 2015). When the hae matoma clears, the increased ICP will normalise and most likely resolve her problems with recent memory loss. The ankle pain that Katie has is due to a most probable sprain or strain on the ankle ligaments, muscles or tendons and it is not mild because it should have healed a long time ago (Jones, 2013). Therefore, I will recommend an X-ray to confirm either of the conditions above and most probably, there will be a need for a surgical intervention to correct the problem. Moreover, Katie does not like analgesics perhaps due to the side effects that they cause. Therefore, I will have to ascertain the exact drugs that she uses and the kind of effects that they cause her. This will help rule out possible adverse reactions and establish an alternative and safer drug for her. Katie has an epidural haematoma and a mild traumatic brain injury secondary to a road traffic accident that has subsequently caused an increased intracranial pressure ("Cerebral Perfusion Pressure or Intracranial Pressure?", 2013). The increased ICP led to pressure on the hippocampus which processes memory. The hippocampal pressure has affected her recent memory that can only be achieved after provocation. Moreover, the blood loss due to the haematoma and the activation of the sympathetic nervous system after involvement in the accident has led to elevated systolic blood pressure as a compensatory mechanism. Additionally, she has ankle pains due to a significant injury to either the muscles, the tendons or ligaments that were not managed earlier (Parry, 2015). I will focus on the above health concerns because they will lead to a major health crisis for Katie if ignored (Robinson, 2014). A person who is not experiencing Katies situation has a normal ICP with no problem remembering recent activities with or without provocation. Additionally, the blood pressure of a normal person would not be this high with disparities in the systole and diastole. Moreover, a normal ankle should not be painful during any activity as opposed to Katies problem (Robinson, 2014). After administration of antihypertensive drugs such as mannitol, which is an osmotic diuretic, I will perform an hourly confirmation of blood pressure by using an adult size cuff, a stethoscope and a manual sphygmomanometer (Bilo et al., 2016). I will place the cuff on Katies either arm and inflate it up to 30mmmHg as I auscultate the brachial artery until the radial pulse is impalpable. Afterward, I will slowly release the pressure until I hear the first sound, and record the pressure on the sphygmomanometer scale and at the level where the sounds disappear (Lant, 2014). The two levels indicate the systolic and diastolic pressures. By using Cushings triad, I will assess the levels of declining diastolic and a rise in systolic pressures which are characteristic of an increased ICP after every hour. These findings shall be recorded at the same time the blood pressure is taken because the values are the same. If this method gets unreliable, I will use a strain gauge manometer at the bedside to continuously record the ICP through the ventriculostomy that shall be introduced by a neurosurgeon ("Ventriculostomy," 2013). I will also perform a mental status examination with specific emphasis on Katie through content, mood, touch with reality and memory. I shall do this by asking her specific questions of recent and long-term memory. For instance, if she recalls the name of her partner, the year she was born and if she was involved in an accident. I will also examine her moods by being provocative and inquisitive. These findings are vital to ascertain the extent of the injury to the brain and the implications for the involvement of a psychiatrist. I will assess her use of analgesics for the ankle pain through a past medical history. I shall ask her partner to provide the records of the previous prescriptions of the medications, and then identify the specific reactions to each drug (Jones, 2013). Afterward, I will explain whether it is a normal side effect of the drug or it is an allergic reactions. References Bilo, G., Giglio, A., Styczkiewicz, K., Caldara, G., Kawecka-Jaszcz, K., Mancia, G., Parati, G. (2016). How to improve the assessment of 24-h blood pressure variability.Blood Pressure Monitoring,10(6), 321-323. Cerebral Perfusion Pressure or Intracranial Pressure?. (2013).Journal Of Neurosurgery,92(1). Ducker, T., Simmons, R. (2015). Increased Intracranial Pressure and Pulmonary Edema.Journal Of Neurosurgery,28(2), 118-123. Emich, S., Dollenz, M., Winkler, P. (2015). Burr hole is not burr hole: technical considerations to the evacuation of chronic subdural hematomas.Acta Neurochirurgica,157(3), 497-499. Fischbach, F. (2012).Brunner and suddarth's textbook of medical-surgical nursing(1st ed.). [Place of publication not identified]: Wolters Kluwer Health. I.1. Workshop: Health Technology Assessment and Health Impact Assessment Two key examples of health assessment. (2014).European Journal Of Public Health,24(suppl_2). Jones, M. (2013). Clinical reasoning and pain.Manual Therapy,1(1), 17-24.Lant, A. (2014). Diuretic Drugs.Drugs,31(Supplement 4), 40-55. Parry, W. (2015). Foot and Ankle Pain.Pain,19(1), 102-103. Payne, E. (2015).An atlas of the pathology of the brain(1st ed.). [Cardiff] (c/o E.E. Payne, Dept. of Pathology, Welsh National School of Medicine, Royal Infirmary, Newport Rd, Cardiff CF2 1SZ): Sandoz. Robinson, R. (2014). The Treatment of Subacute and Chronic Subdural Haematomas.BMJ,1(4904), 21-22. Ventriculostomy. (2013).Journal Of Neurosurgery,93(6).

Intermediate Microeconomics It Application â€Myassignmenthelp.Com

Question: Discuss About The Intermediate Microeconomics It Application? Answer: Introduction A market is said to attain equilibrium at the time when demand as well as conditions of supply in the market aligns properly. Again, the equilibrium can also be considered to be a stable equilibrium in case if any alterations from the state of equilibrium automatically reinstate state of equilibrium. There are different forces that adjust for maintaining market equilibrium. Essentially, the current study elucidates illustratively stable equilibrium utilizing plain mechanisms of demand as well as supply. In addition to this, the study also explicates in detail the insinuation of market stabilization for an individual market as well as the entire economy is taken into consideration. Moving further, this paper also reflects stability in the Australian economy, depending mainly on the market economy. Fundamentally, the economy also deals with maintenance of stable circumstances if required. Conditions of Economic Stability Fundamentally, demand as well as supply curve explicates conduct of both purchasers and sellers in a specific market (Mankiw, 2014). Essentially, equilibrium along with stability in equilibrium is demonstrated in the figure numbered 1. Particularly, the demand curve replicated is also referred to as DD and the supply curve is referred to as SS in the present figure. Essentially, the initial equilibrium can be necessarily attained at a specific point in which demand as well as supply meets at a particular point, as in this case the point is E. In this case, P* is the point of equilibrium level of price that has the corresponding level of quantity is Q*. However, in case of digression from the position of equilibrium necessarily brings return to the point of equilibrium routinely, then in that case the equilibrium point E can be considered as a stable equilibrium (Mankiw, 2014). However, let consider that the price increases from P* to the point of P1. This increase in the level of price directs the way towards diminution of the overall quantity demanded. As such, demand lessens for two different reasons. The subsisting purchasers limit their overall demand. As such, for people at the edge, a slight increase in the price of a good makes it les affordable for the buyers who eventually leave the specific market. As a consequence, this generates excessive supply condition in the market. Nevertheless, in order to curb the excess amount of supply, diverse sellers might consider a descending revision in price in the particular market (Baumol Blinder, 2015). Thus, it can hereby be mentioned that price again gets back to P*. Let us hereby consider in this case that price decreases below the level of P*. Owing to low level of price, purchasers increase their level of demand (Baumol Blinder, 2015). Contrarily, lower level of profitability dampens the spirits of the producers and these producers subsequently lessen the amount of supply. There might be disparity between the amount of demand and supply and this might lead to excessive demand in the specific market. However, in order to equalise the overall demand with the present level of supply, price can be enhanced specifically. Thus, it can be said that adjustments need to carried out continuously till price level reaches to the level of equilibrium. Essentially, this can help in explicating process of attainment of stable equilibrium specifically in a free market (Baumol Blinder, 2015). However, it is important to evaluate aggregate demand (AD) as well as management supply (AS) for explaining the overall macroeconomic stability. As rightly indicated by Du Toit et al., (2014), macroeconomic consistency relies on different macroeconomic parameters. As such, aggregate demand (AD) as well as aggregate supply (AS) helps in the process of ascertainment of gross domestic product (GDP) in a particular economy. In this case, the economy is said to remain in a steady/consistent position in case if there remains stability in the level of both price as well as in come. Figure: Macroeconomic Stability Attainment of Stability in the Australian Economy Australian economy is capitalist in nature. The economic system along with major economic decisions of Australia is mainly driven by particularly market operations instead of process of central process of economic planning. Essentially, movements in price in regional as well as transnational market help in understanding price indication to diverse resource owners. However, this indication of price to different owners of resource founded help in satisfaction of obligations of the people and maximization of gains (Biondi Zambon, 2013). Let us say, share prices assist in carrying out investment pronouncements. Particularly, the overall consistency is necessarily for the Australian economy that is evaluated by assessing different indicators that include Gross Domestic Product (GDP) as well as level of price. Gross Domestic Product Figure: Gross Domestic Product (GDP) trend in Australian economy Analysis of reports on GDP of Australia reflects a steady movement in the gross domestic product (GDP) in the past five to six years. Although fluctuations can be observed in the GDP, drastic alteration is not visible from the GDP trend (Bernanke et al., 2015). During the year 2006, the gross domestic product (GDP) was recorded to be necessarily USD 853.75 billion. However, this GDP has increased to USD 1204.61 as recorded during the year 2016. Nevertheless, the gross domestic product is recorded to be the highest during the year 2013. Thereafter, the GDP progressively decreases although no dramatic transformation can be registered. Level of Price Level of price in a particular economy is reflected precisely by the rate of inflation. Similar to GDP, the rate of inflation in Australia can also be considered steady and is said to have comparatively diminishing trend (Borio, 2014). Specific Instrument that can be utilized for stabilization During shocks in the business cycle, the government in Australia utilizes different policies of stabilization for reinstating consistency. However, the two primary instruments for stabilization include the following: Automatic Stabilizer as well as Discretionary Stabilizer (Mankiw, 2014). Automatic Stabilizer As rightly indicated by Boland (2014), automatic stabilization can be regarded as a mechanism of stabilization developed on the basis of government tax or else other forms of expends. Essentially, the automatic stabilizers, affects aggregate demand in a countercyclical manner without exerting influence on the federal treasures or else other federal policies. In essence, the government budget routinely adjusts and continuously switches between a deficit and surplus based on whether the entire economy is in the stage of economic boom otherwise economic slowdown. Diverse tax receipts counting PAYG, Goods and service tax (GST), company tax and many others are major instruments that can be utilized for automatic stabilizer (Nicholson Snyder, 2014). Discretionary Stabilizer Discretionary stabilizers are also referred to as structural stabilizer. In essence, discretionary stabilizer requires certain vital alterations in the budget of the government. Essentially, this consists of introducing a novel category of tax, enhancing or declining expends of the government in different areas such as education sector, infrastructure or else for defence purposes (Baumol Blinder, 2015). These discretionary stabilizers are necessarily used in times of severe depression or boom at the time when automatic stabilizers fail to stabilize the entire economy. Conclusion The current study analyses the specific idea of establishment of steady economic equilibrium with reference to both microeconomic as well as macroeconomic context. The study also helps in understanding microeconomic steadiness marketing into consideration constancy from the perspective of a single market whereas macroeconomic stability takes into account the entire economy on the whole. The level of constancy in the Australian economy is studied in this report. Analysis of the findings reveals that the nation Australia depends on particularly a free and capitalist system of economy. GDP as well as level of prices in the economy can be considered to be at a stable position. Nevertheless, in diverse stages of the business cycle, economic stability might drop, and subsequently government might intervene by means of diverse stabilization instrument. References Baumol, W. J., Blinder, A. S. (2015).Microeconomics: Principles and policy. Cengage Learning. 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