Tuesday, February 18, 2020

Educational Trends Education Research Paper Example | Topics and Well Written Essays - 1000 words

Educational Trends Education - Research Paper Example In such an immersive computing environment, where notebooks and pens are replaced with smart phones, iPods and laptops this era of pervasive education technology, is marked with revolutionary educational trends. The development and rising popularity of social networking and micro-blogging sites has upped the ante, making access to information just a click away. Such trends within the domains of primary and secondary education, has significant implications on the manner in which such education is imparted across the globe (Leu, 2001; Gilster, 1997). This paper, on â€Å"Educational tends† aims to discuss both the current as well as future trends in education, and the use of ICT (Information and Communication Technology) within classrooms and its likely impact in shaping, nurturing and developing the knowledge and cognitive learning abilities of students over the years. Historical Background: ICT in Classrooms The twentieth century was swept away by technological makeover, and c omputers entered the classrooms as educators realized its power and impact as an effective teaching aid (Dwyer et al., 1991). However, during this era, computers were merely used as a data management tool for tracking grades, attendance and reviewing test results. Moreover the ratio of computers per student was low. During the mid 20th century, this highly rigid approach towards computer usage changed significantly from predominantly conventional behavioral attitudes to a more constructivist approach (Anderson, Speck, 2001). Current trends: Overview The 21st century classrooms have had a drastic makeover from that compared to the 20th century classroom, in the sense that it has now become more interactive as opposed to passive learning, and includes the addition of various gadgets which are incorporated on a large scale across various schools. The technological tools in used in the past were mostly passive in nature which involved little or no interaction from the students, and were limited to just listening, watching, or at the most, taking notes. However, the tools used today include greater participation from the students via the use of interactive media where they are encouraged to make presentations and communicate and share their experiences via blogs and vlogs (Smolin, Lawless, 2003). Figure 1: Instructional technologies timeline from the year 1900 - 2004 Source: Whelan (2005) Pp.14 The use of interactive whiteboards has drastically increased and remains one of the most popular tools of teaching across American classrooms. Furthermore gadgets such as PDAs and hand-helds are also being used primarily for middle school and high-school students. Also, there are various online resources which offer interactive learning to students by way of games, puzzles and quizzes which help them in understanding key concepts in a fun entertaining and engaging way. Future trends: The conventional definitions of schools as buildings made of bricks and walls are likely to change to 'nerve centers' virtual space occupied by e-teachers and e-learners, connected by technology. The role of teachers in such a space is likely to expand from merely the providers of education to that of information and knowledge generators. Until recently, students were accustomed to access education through schools, but the

Monday, February 3, 2020

Bank of England Quantitative Easing(Benefits and consequences) Dissertation

Bank of England Quantitative Easing(Benefits and consequences) - Dissertation Example On the other hand, such a reaction may be just what the UK and US need in order to prevent a deflationary spiral as a result of the financial crisis. If the first round had no detrimental effects, the question remains as to how far is right, because a second round may go further into creating inflationary pressures than expected. The purpose of this paper is to examine whether or not QE could be a viable means of implementing monetary policy to address the present financial morass. Findings arrived at are tentative, because of the relatively short time the quantitative easing policy has been implemented, which spans only about two years for both the US and the UK. For Japan, on the other hand, while QE was implemented for a full five years, the results are inapplicable to the present situation because QE was meant to address Japan’s negative inflation rate already registering for several years, which is entirely different from the threat posed by the present crisis on UK and t he US. Acknowledgment Table of Contents Title Page 1 Abstract 2 Acknowledgement 3 Table of Contents 4 Chapter 1: Introduction 6 1.1 Background of the research topic 6 1.2 Objectives of the study 7 1.3 Research question and subquestions 8 1.4 Scope and limitations of the study 8 1.5 Ethical considerations 9 Chapter 2: Review of related literature 10 2.1 Background of quantitative easing 10 2.2 Quantitative easing as implemented in the UK 12 2.3 Viewpoint of the sceptics 19 2.4 Viewpoint of the enthusiasts 21 2.5 Modest impact assessment 22 2.6 Other Econometric Studies 23 Chapter 3: Methodology 24 3.1 Research strategy 24 3.2 Data description 24 3.3 Data gathering methodology 24 3.4 Analysis of data 25 3.5 Limitations of data and analysis 25 Chapter 4: Case study – US and Japan 27 4.1 Quantitative easing in Japan 27 4.2 Quantitative easing in the United States 33 4.3 Comparison among the US, UK and Japanese QE 38 Chapter 5: Results, analysis and discussion 40 5.1 Analysis of v ariance with log of monetary base and log of long-term interest rate as variables 40 5.2 Analysis of variance with monetary base and long-term interest rate as variables 43 Chapter 6: Conclusion 46 6.1 Summary of the dissertation 46 6.2 Findings of the study: answers to the subquestions 46 6.3 Conclusion: answer to the research objective 47 6.4 Recommendations for future research 48 References 49 Appendices 53 Chapter 1 Introduction 1. 1 Background of the research topic Quantitative easing is a process which the central banks often consider as a last resort to inject liquidity in an economy, without caring for its own quantity of reserve assets (Organisation for Economic Co-operation and Development 72). Often banks opt to buy off all government securities in circulation in the open market in their aggression, without preferring to fix any target rate of retaining their money reserves (Baumol & Blinder 271; Marta & Brusuelas, â€Å"Quantitative Easing†). Such an unorthodox st rategy, as quantitative easing, helped to bail out economies like Japan at a time when it was undergoing its worst phase of liquidity crunch. The method helped the nation to revive from its plight through enhancing its monetary base significantly, though meanwhile the government had to face immense deficits in their budgets (Organisation