Ethical Standards For Human Services Professionals

Ethical Standards For Human Services Professionals Human services are developed in anticipation and response of human needs. The profession is characterized by positive reception of human needs taking into account all of their diversity. In context of community and environment, Human services professionals offer assistance to their clients and serve their particular needs. Need of ethics in human services profession is of substantial importance (Sinclair et al., 1987). Ethics are guidelines which represents set of standards of conduct that is considered ethical by professionals and educators. Ethics although not legal document but help to assist in settlement of problems and issues related to ethical issues in human services profession. A brief overview of Ethical Standards for human services professionals: Human service professionals are key players in Human services sector. In this highly customized profession, human service professional interacts frequently with families, individuals and groups etc, all these are their clients. Human services professionals are case managers, they are caregiver, teacher, doctor, consultant, lawyer, and psychologists etc. in the following section, some ethical standards are defined for human services professionals. My ethical statement: As a ethical human services professional, I will endeaver to meet or exceed the statement below in day to day practices of my professional life. My code of ethics as a Human service professional: As a Human service professional I would like to talk with the clients the goals, purpose, and nature of helping relationship before onset of relationship and also inform the clients about limitations of relationship. In my opinion, clients should be treated with respect, dignity and trust. As a Human service professional I will take care for protection of customer rights and confidentiality. Except some special cases, when this confidentiality can be harmful for customer. As Human services professional I will try to take integrity, security and safety of client records. I would like to have prior written consent by customer when there is need to share client information with other professionals. As a Human services professional, I will try protect the self-determination right of clients. I would like to be well aware of legal, federal, local and state laws related to human services. I will keep myself informed about current social issues that can affect community and clients. I will act as advocates that help to address the unmet needs of society and individuals. As a Human service professional I would like take it as my responsibility to disclose my qualifications accurately. As a Human service professional, I will work with the aim of helping people and for accomplishment of goals of human service organizations. My basic goal in human services will be to help people in living more satisfied life, more productive and autonomous life, by utilizing the resources and knowledge of society and technological innovation. These ethics are core values of human services professionals: Above mentioned set of ethical practices serves as set of core values of ethics in human services profession, every professional who selects human service as profession must have strong passion to serve society and individuals. As this profession is all about humans, the main concern of this profession is providing individuals solution of their personal and social problems. When dealing with and serving humans, ethics become more important (Sinclair et al., 1987). A human services professional can deliver its services in better way if he is well aware of importance of ethics in his profession. Code of ethics in human services profession helps to promote trust, confidentiality, recognition and negotiation of clients right of self-determination and informed consent. Healthcare professionals and other people involved in human services process should respect right of privacy of their clients. In human service, clients are sharing their very confidential information and problems with professionals, because they want from professionals to solve their problems. It becomes ultimate responsibility of these professionals to develop the relationship of trust and integrity with clients and keep their information confidential, and do not share it with others regardless some exceptional situations when need to discuss it with their team or other professional in order to solve out the problem of their client. Even in this case, information should not be shar ed without written consent of client. Evaluation To make the individual a productive part of society, is also an ultimate goals of human services professionals. Sometimes, clients dont know the real issue he/she is facing, this may be a psychological or health related issue, in this situation, human services professionals first find the real cause and then goes for its solution. Each state and country has some legal framework and laws for society, these laws are made for members of society which are human beings, so the awareness and knowledge of local and federal laws of state or country is critical for human service professionals as their profession is all about humans. The professionals need to be ethical ideals, while respecting for all cultures, beliefs and relationships (Seitz, ONeill, 1996). Ethical standards for human service workers require passion and dedication by professionals and workers as well. Integrity, following the laws, compliance with policies and rules, maintaining the client records and case files etc. all include professional ethics requirements. Apart from their direct service to clients, human service professionals also have responsibility to protest against social injustice and community empowerment. If the code of ethics is not employed and practiced in human services profession, it will bring destruction to society. There will be no relation of trust and integrity can be developed among professionals and society. People will feel reluctant to share their problems with their consultants as they will have no surety that their information will be kept confidential. As a result, society will suffer at large as people will live lives full of problems and worries because human services works with aim of better lives of their clients and to make all the members of society productive and active part of society (Seitz ONeill, 1996). Without ethical practices and commitment of professionals to follow these practices, mission of human services cannot be achieved. Admitting the importance on ethical practices, every human services organization has code of ethics all members are encouraged to follow. So if we develop and practice our personal code of ethics to excel in our profession, it w ill be a good strategy to follow that will pave the way for success in future.

Health Essays Caffeine Health Effects

Health Essays Caffeine Health Effects Caffeine Health Effects Abstract Caffeine is the most commonly consumed ‘drug’ in the world that is said to have been discovered in the Paleolithic Period. It is found in basically everything that people consume including all types of food, soft drinks, energy drinks, coffee, tea, and chocolate. The purpose of caffeine is to help strengthen attentiveness and diminish exhaustion. Taking too much or abusing the use of caffeine, can cause side effects, but can all be avoided if taken in reasonable amounts. So many beneficial effects come with consuming this drug from helping people in sports, to losing weight, to increasing alertness, and repelling things such as snails and slugs. Testing is done often to find more ways that caffeine is useful in individual’s lives. In the author’s opinion it is believed that caffeine has many more positive effects that overcome the negative effects. Introduction and History Caffeine has been around for many years and is having an impact on more and more people everyday. A great deal of evidence denotes that the consumption of caffeine goes all the way back to the Paleolithic Period (Magkos Kavouras, 2005). Some may think that caffeine is bad for the body and does no good, however many Americans consume caffeine everyday in their diet. Although caffeine has both positive and negative effects, there are much more positive effects if taken responsibly. Caffeine is a drug that stimulates the central nervous system, which causes high alertness. Taking too much of any drug is going to lead to the chances of having side effects. The side effects can be prevented by decreasing the amount of caffeine that is taken into the body. Thus, from increasing alertness, mood, psychomotor performance, to helping as a dietary aid and extending exercise in people suffering from heart failure, to being used as a repellent for mollusks, caffeine is used in many ways and has many positive effects that go along with it. People need to have a better understanding of caffeine before making judgments. Consumption The main source of caffeine consumption comes from soft drinks. Caffeine is an additive used in such drinks to sweeten the taste. It can show no flavor depending on the amount taken, but the positive effects that come with it are an increased attention rate and better mood. Because of these effects, more people thrive off caffeinated drinks. Looking around, there are soft drink machines everywhere giving more people access to this stimulant. Yet, many people believe that they should not be in schools or places where it is efficient for kids because they say it is so unhealthy for them (Keast Riddell, 2006). Others will argue this in saying that caffeine is good for the body as long as it’s not abused. This is a true statement, and as a result educating more people on the effects of caffeine would be very helpful to everyone. Besides soda and other soft drinks, caffeine is also found in coffee. Coffee has many positive effects to it, such that coffee stimulates the brain and increases energy and mood, and can help in preventing diseases such as skin, liver, and colon cancer, and some others. Both the combination of daily exercise and a cup of coffee are said by scientists to help in the prevention of skin cancer. This has been tested and proven on hairless mice, which have extremely sensitive skin to the sun. Stated from The Times of India, one group was given caffeinated water to drink, another group exercised on a running wheel at its own convenience, while the third group both drank caffeine and exercised on the wheel, and the control group neither drank nor exercised. All of the mice were exposed to ultraviolet radiation, which the results in comparing all the groups to the control group showed that the caffeine drinkers showed an increase of 95% in ultraviolet radiation stimulating apoptosis. Apoptosis is the process where cells with damaged DNA are destroyed against illness. The second group showed a 120% increase, while the mice that both consumed caffeine and exercised showed close to a 400% increase (â€Å"Coffee May Prevent,† 2007). A study was also developed to research the effects of caffeine on liver cancer. More than 90,000 Japanese were used in a study and it was found that people that drank coffee daily or close to every day had reduced the risk of liver cancer by nearly half compared to those who never drank coffee. â€Å"The American Cancer Society estimates that 18,920 cases of liver cancer were diagnosed in the United States last year and some 14,270 people died of the illness† (â€Å"Coffee May Help,† 2008). As a result, it is well stated that caffeine can reduce the chances of liver cancer. According to many scientists, there is a highly antioxidant compound that is found in coffee that reduces the chances of colon cancer, which is the second leading cause of cancer death in the United States. This compound found in coffee is called methylpyridinium, however is not found in raw coffee beans but is created during the roasting process. Tests were brought out to scrutinize this compound even more, so specially equipped extracts of the coffee were exposed to certain lab situations of human intestinal cells for three days and were compared to cells that were not exposed to coffee. In the experiment, coffee extracts were found to have increased the activity levels of phase II enzymes. Then, to determine whether it had the same effect in living systems, a group of twenty-four rats was evenly divided into three groups. Each group was fed different diets, either a normal diet, a diet mixed with coffee extract, or a normal diet containing pure methylpyridinium. The tests showed that rats that were fed the coffee extract had a 24-40% increase in phase II enzymes and the group with the pure methylpyridinium showed an increase in the enzyme activity levels (â€Å"Highly Active,† 2003). Results show that coffee is proven to fight cancer in living systems. Caffeine can help in such diseases as cancer in which caffeine and another substance called theophylline are found in many products like coffee, chocolate, and many soft drinks. It is said that they can block enzymes that are crucial for cell growth, which means that one day it could be used to stop cell growth all together and avoid blood clots that can cause heart attacks and strokes (â€Å"Caffeine Boost,† 2002). It is not just coffee that prevents cancer, it is the caffeine in coffee that is preventing this disease. As most know, there is no cure for cancer, although the tests above show the many ways in which caffeine can help prevent one of the leading causes of deaths. Despite the positive effects of consuming coffee, here in the United States, drinking coffee is consumed most by adults. However, in Guatemala, it is very common among children. It is one of the first liquids given to babies after milk in Guatemala, even though it may affect the cognitive function by damaging iron levels. It is also known to hinder with the iron absorption and iron status of pregnant women and their babies, which is why it is said that pregnant woman should give up coffee during the term of pregnancy because it could cause miscarriages (Engle Vasdias et al, 1999). Nonetheless, not consuming coffee while pregnant and not giving coffee to such young children can avoid these negative effects. Sports and Diet Caffeine is known as one of the most widely used pick-me-ups in sports because of it’s ability to increase alertness and mood. Many athletes depend on this stimulant to help them carry on with their game if they are feeling a little drowsy or incapable to perform in an expected manner. Using caffeine is often used to improve physical and mental performance. It improves physical performance by causing alertness and giving the athlete energy to perform and improves mental performance by stimulating the central nervous system. This helps the athletes have higher levels of concentration (Magkos Kavouras, 2005). Using caffeine instead of other types of steroids and drugs is much cheaper and has less health effects. It also has less ineligibility cases compared to many other drugs. Being cut from a team is not the only consequence if caught using steroids or drugs, but it is also considered a felony. Therefore, many athletes should take caffeine over steroids to increase energy (Magkos Kavouras, 2005). Unless caffeine is taken in substantial amounts, some side effects may occur. Taking in massive quantities of caffeine may trigger dehydration that could affect functioning. It may also cause gastrointestinal pain and other side effects, such that caffeine is absorbed by the gastrointestinal tract and spread throughout the tissues of the body. Athletes that are abusing the use of caffeine may notice an occurrence in nervousness or an increase in heart rate and may even lead up to seizures or a coma. Caffeine has to be taken with some caution, because of the possible negative side effects that could take place, but remembering to take in only what is needed will help bring out only the positive effects (Magkos Kavouras, 2005). Since caffeine is found in so many foods and over the counter medications, it is becoming to show an increase in all diets around the world. Many people that are trying to lose weight take caffeine pills or eat a diet that is high in caffeine for the energy, similar to those as athletes that use it to enhance performance. Though caffeine pills should not be taken everyday and should be taken early in the day to reduce the chances of losing sleep at night. They help in increasing energy levels and suppressing hunger. This is very helpful for people who do not have the energy to get up and exercise. Some people may need that extra boost to get them started (Striegel-Moore Franko et al, 2006). On the other hand, it is not a fundamental nutrient, nor good for the health if taken too often. Too much can become addictive and cause problems like eating disorders, which is very common among young adults. Eating disorders, such as anorexia nervosa or bulimia are found more common among girls than in boys. Many girls in their teens have more pressure on themselves and feel the need to lose extra weight. Consuming large amounts of caffeine will enhance their energy and suppress the need for food, or hunger. Even though they may already be thin, they will continue starving themselves because they believe they are fat. It’s a constant battle that never ends and it is a very difficult disease to fight. Effects on Sleep When caffeine is consumed in reasonable amounts, everyday consumption of it can be helpful and have many beneficial effects on human behavior and sleep showing more people with enhanced mental functioning. Imagine truck drivers who drive such long distances day and night, consuming caffeine can help stay alert and focused on the road. Many accidents occur in a year because of people falling asleep at the wheel. Taking caffeine for better functioning reasons while driving or other reasons can be very beneficial. Regardless of the positive effects of reducing fatigue and better functioning, there are the downfalls of consuming too much caffeine. Too much caffeine has a big effect on your sleeping ability. Sleep disorders are becoming more and more known to many children and adults because of the amount of caffeine they are taking in. Large amounts of caffeine taken at night will make it much harder to fall asleep. People face more problems like feeling tired when they wake up or waking up in the middle of the night and not being able to fall back asleep. Although, the majority of people are very good at the amount of caffeine they take in to get the most out of the positive effects (Orbeta Overpeck et al, 2005). Effects on Human Behavior Rather than better mental functioning purposes and an increase in alertness, caffeine is also shown to improve many effects on human behavior. For instance, psychomotor performance is enhanced with caffeine intake. A psychomotor skill deals with being able to make movements that are essential to complete a task, however they are skills that are performed often without even thinking how they are done. Handwriting is an example of a very difficult psychomotor skill where as people have their own unique way of writing, some using the wrist more, or maybe the elbow, or moving the whole arm as they write. Caffeine consumption can improve handwriting and reveal a much larger improvement in handwriting skills if taken in moderate quantities (Tucha Walitza et al, 2006). When caffeine is consumed in so many different amounts in many types of foods, it will improve people’s talent to perform certain responsibilities requiring a lot of attention. Also, when dispensed in the same amount, caffeine increases alertness and reduces fatigue. The opposing effects take place when caffeine is consumed in unbearable amounts or by people who are overly sensitive to the drug (Smith, 2002). As a result, caffeine is very helpful in which it can improve vigilance tasks and help people become more focused, so multitasking can be done. Use as a Repellent Caffeine is also used a repellent in which many people probably didn’t know. Many products for the use of mollusk control include metaldehyde or methiocarb for the main ingredients. However, both of these ingredients are highly poisonous by inhalation and to all animals. Caffeine is an all-natural product that is categorized as a generally recognized as safe (GRAF) product by the United States FDA. There have been many tests to support that caffeine is a well-proven repellent as well (Hollingsworth, Armstrong, Campbell, 2002). According to Hollingsworth, Armstrong, and Campbell (2002) spray applications containing one to two percent of caffeine have been reported to kill slugs during a test that experienced caffeine as a toxicant against frog pests. Another test (Figure 1) took action upon orchid snails where as they were put into Petri dishes with caffeine while the heart rates were taken under a microscope. Snails with caffeine concentrations of .1% or more had vulnerable and uneven heartbeats after a 24-hour period. The snails with higher caffeine concentrations were dead after 96 hours, or four days. As a result, caffeine has been proven to kill off mollusks and would be a much safer alternative for food crops. Taking caffeine on an everyday basis will cause the body to become addicted to the substance and cause withdrawals if missing a day. Withdrawals may include headaches or may cause a change in mood. When the amount of caffeine that is taken in is reduced, the body will become very responsive to adenosine. The responsiveness will cause blood pressure to drop, causing an overload of blood to rush to the head, which leads to a headache. Headaches can last between one to five days and aside from such painful headaches, restlessness, irritability, and constant fatigue may occur (Smith, 2002). All of the negative effects come from consuming too much caffeine. For that reason, if caffeine were used correctly and more sensibly, the negative effects would not take place. Negative effects on any drug can be avoided by following simple directions of not overdosing and if sensitive to the drug, don’t take at all. There are so many people that abuse it and take it for all of the wrong reasons. If they took caffeine for the right reasons, they would begin to see positive effects. Conclusion In conclusion, researchers are constantly exploring the many ways that caffeine is beneficial and has proven these effects in many cases. The main source of caffeine comes from soft drinks, in which it is an additive used to sweeten the taste. It is also very popular in coffee where it helps prevent against some diseases and has the effect of an increased attention rate and better mood. In sports, athletes thrive off caffeine to enhance performance because it is much cheaper and has less health effects than any other drug or steroid. Becoming an increase in all foods, caffeine is also used in many diets to help increase energy. The biggest factor in using caffeine is sleep. Sleep is unwanted in many situations such as driving and other vigilance tasks. Taking caffeine helps sleep by increasing alertness and mental functioning, while reducing fatigue. Other than increasing alertness and mental functioning, so many other effects take place in the behavior of individuals. Effects on human behavior include improving multitasking and developing psychomotor performance, such as improving handwriting skills. Another assured effect that caffeine takes part in is repelling things such as snails and slugs. It is proven much safer than other products and has been tested in many different experiments. Caffeine has much more positive effects that overcome the negative effects. The negative effects of caffeine all come from being abused or taken in too large of quantities, meaning that more people need to understand all of the effects. From athletes trying to enhance performance, people dieting, better functioning, an increase in alertness, to repelling things such as snails and slugs. Caffeine has many effects on the body to help improve behavior. Looking back at all of the beneficial ways in which caffeine helps, provides all the more reasons why it is used so often. References American Chemical Society (2003, October 15). Highly Active Compound Found in Coffee May Prevent Colon Cancer. Science Daily. Retrieved April 20, 2008, from http://www.sciencedaily.com/releases/2003/10/031015031251.htm Caffeine boost in cancer battle. (2002, August 22). Retrieved April 20, 2008, from http://archives.cnn.com/2002/WORLD/europe/08/21/cancer.research/ Coffee may help prevent liver cancer. (2005, February 15). USA Today. Retrieved April 20, 2008, from http://www.usatoday.com/news/health/2005-02-15-coffee-liver_x.htm Coffee may prevent skin cancer. (2007, July 31). The Times of India. Retrieved April 20, 2008, from http://timesofindia.indiatimes.com/Coffee_may_prevent_skin_cancer_/articleshow/2246470.cms Engle, P.L., Vasdias, T., et al. (1999). Effects of discontinuing coffee intake on iron deficient Guatemalan toddlers’ cognitive development and sleep. Early Human Development, 53, 251-269. Hollingsworth, R.G., Armstrong, J.W., Campbell, E. (2002). Caffeine as a repellent for slugs and snails. Nature, 417, 915. Keast, R.S.J., Riddell, L.J. (2007). Caffeine as a flavor additive in soft-drinks. Appetite, 49, 255-259. Magkos, F., Kavouras, S.T. (2005). Caffeine use in sports, pharmacokinetics in man, and cellular mechanisms of action. Critical Reviews in Food Science and Nutrition, 45, 535-562. Orbeta, R.L., Overpeck, M.D., et al. (2005). High caffeine intake in adolescents: associations with difficult sleeping and feeling tired in the morning. Journal of Adolescent Health, 38, 451-453. Smith, A. (2002). Effects of caffeine on human behavior. Food and Chemical Toxicology, 40, 1243-1255. Striegel-Moore, R.H., Franko, D.L., et al. (2006). Caffeine Intake in Eating Disorders. International Journal of Eating Disorders, 39:2, 162-165. Tucha, O., Walitza, S. et al. (2006). The effect of caffeine on handwriting movements in skilled writers. Human Movement Science, 25, 523-535.

Marijuana Should be Considered for Medical Use :: Argumentative Persuasive Essay Examples

     Ã‚  Ã‚  Ã‚  Ã‚   Abstract:  Ã‚   Marijuana, scientifically known as Cannabis sativa or Cannabis indica , is the most widely used illicit drug in the United States. Much evidence supports the fact that it may possess properties that could warrant its usefulness in the medical field. For example, it has been used in the treatment of nausea, glaucoma, and migraines among other things. On the other hand, many of its useful effects are accompanied with side affects such as disorientation and hallucinations. Very little studies have been done concerning the beneficial and malignant effects of marijuana despite its ubiquitous nature in American society. This paper combines many of the tested treatments of marijuana with reported side effects in order to test the validity of the drug as a medicine. Since the passage of the Controlled Substance Act in 1970, marijuana has been considered a Schedule I drug. This means that it fits the following criteria: 1) has a high potential for abuse, 2) has no currently accepted medical use, and 3) lacks safety even under medical supervision (Boire 1993). No one can grow the plant, possess it or any mix or preparation, or absorb it in any way. Many argue in favor of the drug saying that it has no ill effects, and that it, in fact, harbors medicinal properties. Proposition 215 amended California state law to allow people to grow or possess marijuana for medical use when recommended by a physician. The physician may diagnose that a patient may benefit from its use in the treatment of cancer, anorexia, AIDS, chronic pain, spasticity, glaucoma, arthritis, migraine, or any other illness for which marijuana provides relief. Unfortunately, studies on the effects of marijuana are scarce so its useful purposes are highly debatable. Whether or not medi cal marijuana deserves to be legal shall be further examined here.    "Marijuana" is just one particular term for the hemp plant classified as Cannabis sativa or Cannabis indica. Linnaeus gave its name and classification in 1753 and for hundreds of years it has been used as an intoxicant or an herbal remedy. Cannabis is easily distinguishable by its leaf which is often long, has serrated edges and grows in groups of five, resembling the fingers of the hand. It is made up of about 480 substances. The active ingredient in cannabis is known as delta-9-tetrahydrocannabinol (delta-9-THC, mostly referred to simply as THC).

Global Warming - We CAN Make a Difference Essay -- Greenhouse Gases Ef

Global Warming - We CAN Make a Difference What is global warming, and how is it affecting the Earth and its inhabitants? The greenhouse effect and global warming both correspond with each other. The green house effect is incoming solar radiation that passes through the Earth's atmosphere and heats the earths surface. It absorbed much of the outgoing infrared radiation re-radiated by the Earths surface. As they absorb the infrared the atmosphere becomes warmer. The gases key to this process are water vapor and carbon dioxide and methane. The natural greenhouse effect has kept the Earth's average surface temperature around 33 degrees Celsius, warmer than it would be if there were no atmosphere. The natural gases in the greenhouse effect are water vapor (H2O), carbon dioxide (CO2), ozone (O3), as well as other trace gases. Life could not exist if there was no natural greenhouse effect. The reason for the natural greenhouse effect is so that all the creatures living on Earth can live and breathe. The global warming refers to a long-term rise in the average temperature of the Earth. The greenhouse effect may be what is causing the temperature on the Earth to rise, and creating many problems that will begin to occur in the coming decades. What are potential consequences to high global air temperature? The warning will be the greatest at the higher latitudes of the Northern Hemisphere, with the largest temperature rises occurring in winter. Storms would become more severe all around the world. The Northern Hemisphere will dry out and a greater occurrence of lightning strikes will set massive forest fires. The burning of the Earth by natural and man-made forest fires will release large quantities of carbon dioxide into ... ...ler, Mercedes and Honda are working on hybrid cars that use two engines, one electric and the other gas-powered. They successfully combine the speed and range of a gas-fueled car with the eco-friendly benefits of an electric one. Plant materials and animal waste is being used to produce cleaner fuels such as ethanol and methanol. In addition to sugars and corn kernels new woods and grasses are being grown to produce alcohol fuels. Municipal solid waste is already being drilled to collect methane. The methane can then be gasified to produce clean-burning hydrogen, or fermented into ethanol. All of these things together can make a huge impact on our Earth and our atmosphere. I think that man is the primary cause of global warming and we can do something about it. But if we continue to live as we do now, there could be major consequences to suffer in the future.

Sop How to Write

How  to  Write   How to Write a  Statement  of  Purpose a Statement of Purpose for  the  KAUST  Discovery  Scholarship for  the Prof. Reima Al-Jarf College  of  Languages  &  Translation KAUST  Scholarship  Candidates’  Workshop. King  Saud  University. Malaz Campus. May  11,  2008 Aims  of  Workshop p At  the  end  of  the  workshop,  attendees  will  be  to: identify  what  KAUST  is  looking  for  in  the   statement  of  purpose. p p make  an  outline  of  topics  and  subtopic  to  be   included  in  the  statement  of  purpose included in the statement of purpose write  an  introduction write  body  paragraphs write body paragraphs write  a  conclusion revise  the  essay write  the  final  draft 2What  Is  a  Statement  of  Purpose? The  Statement  of  Purpose  is  the  single  most   The Statement of Purpose is the single most important  part  of  your  application   It  will  tell  the  admissions  committee:   who  you  are   who you are what  has  influenced  your  career  path  so  far your  professional  interests   where  you  plan  to  go  from  here y p g 3 What  Do  Universities  Look  for   in  a  Statement  of  Purpose? in a Statement of Purpose? A  mix  of  interesting,  confident  and   enthusiastic  people  who  will  make  the  class  a   enthusiastic people who will make the class a stimulating  place. Academic  achievements  and  good  test  scores. Don t  try  to  be  something  you  are  not.Don’t try to be something you are not. Be  honest,  look  inside  yourself  and  do  your   best. b t 4 Stages  of  Writing  Your  Statement  of  Purpose Before   Writing  the  essay †¢ Questions †¢ Bra instorming †¢ Making an outline Making  an  outline †¢ W iti Writing  an  introduction i t d ti †¢ Writing  body  paragraphs †¢ Writing  a  conclusion ii l i †¢ Revising  the  essay †¢ Writing the final draft Writing  the  final  draft Writing  the  essay After   Writing  the  essay Writing the essay 5 KAUST  Requirements  in  a  Statement  of  Purpose Please  write  an  essay  that  describes  and  provide  examples for  the   following:   following: your  grades,  courses taken,  academic  honors  . our  research experience  through  your  school  work,  papers,   your research experience through your school work papers projects,  internship  or  work experience. your  personal  motivation to  attend  KAUST  and  personal   your personal motivation to attend KAUST and personal goals   your  extracurricular  activities  in  your  community  and/or   your extracurricular activities in your community and/or school   international  experience   Essays  must  be  submitted  in  English. Please  limit  your  response  to   fifty lines  of  text  and  leave  a  1  1/2  inch  (4  cm)  top  margin  on  every   page  of  your  uploaded  essays. 6Making  an  Outline Part  1: Academics  achievement grades   grades courses  taken   honors   h Part  II:  Ã‚   Research  Experience papers Projects   internship   internship 7 Making  an  Outline Part  III: work  experience: 1. 2. 3. 4. 5. Part  IV: Personal  Goals/motivation   to  attend  KAUST: 1. 2. 3. 4. 5. 8 Making  an  Outline g Part  V:   extracurricular  activities: 1. 2. 3. 3 4. 5. Part  VI:   international  experience: 1. 2. 3. 3 4. 5. Making  an  Outline g Part  VII: Personal  Traits 1. 2. 3. 3 4. 5. Part  VIII: Language,  C omputer   skills  &  research  skills 1. 2. 2 3. 4. 4 5. 10 Writing  the  Essay g y IntroductionBody For  each  question,  write  a  paragraph  that  combines  all  points. For each question, write a paragraph that combines all points. Conclusion 11 Tips  for  Writing  a  successful  Essay Your  introduction: Must  be  interesting. Ask  yourself:  Ã‚  Ã¢â‚¬Å"why  a  reader  would  want   Ask yourself: â€Å"why a reader would want to  read  my  entire  essay  after  reading  my   introduction? †Ã‚   Don't  Summarize  in  your  Introduction. If   y you  summarize,  the  scholarship  officer   need  not  read  the  rest  of  your  essay. need not read the rest of your essay Create  intrigue  in  your  Introduction. 12 Tips  for  Writing  a  successful  EssayAnswer  the  Questions  Ã‚   Be  Original Be  Yourself: B Y lf Write  about  somet hing  meaningful. Describe  your  feelings,  not  necessarily  your   actions. actions Big  words  do  not  make  good  essays. Use  imagery  and  clear,  vivid  prose. 13 Tips  for  Writing  a  successful  Essay Body paragraphs  must  relate  to  introduction. Use  transition within  paragraphs  and  between   p g p paragraphs  to  preserve  the  logical  flow  of  your   p g y essay. The  conclusion is  your  last  chance  to  persuade  the   The conclusion is your last chance to persuade the reader  or  impress  upon  them  your  qualifications. Don t  summarize. Don’t summarize 14After  Writing  Your  Essay language tone Editing   Reviewing Flow structure 15 After  Writing  Your  Essay Spend  a  week  or  so  away  from  your  draft  to   p y y decide  if  you  still  consider  your  topic  and   approach  worth while. approach worthwhile. Give  your  draft  to  others   with  these  questions  in  mind:   ih h i i i d Is  my  sentence  structure  varied or  do  I   y use  all  long  or  all  short  sentences? Do  you  detect  any  cliches? Do you detect any cliches? Do  I  use  transition appropriately? 16 After  Writing  Your  Essay Do  I  use  imagery often  and  does  this   g y make  my  essay  clearer? What s  the  best part  of  the  essay?What's the best part of the essay? What's  the  worst part  of  the  essay? What  parts  of  the  essay  are  unclear? What  parts  of  the  essay  do  not  support What parts of the essay do not support your  main  argument? Is  every  single  sentence  crucial t th I i l t i l to  the   essay? 17 After  Writing  Your  Essay What  does  the  essay  reveal  about  your   y y personal ity? What  is  your  strongest personality  trait? What is your strongest personality trait? Do  you  a  philosophy? How  would  your  friends  characterize you? 18 After  Writing  Your  Essay What  have  you  done  outside of  the   classroom that  demonstrates  qualities   g y sought  after  by  universities?What  are  your  most  important   extracurricular or community activities? or  community  activities? What  made  you  join these  activities? What  made  you  continue to  contribute  to   them? them? 19 After  Writing  Your  Essay What  are  your  dreams of  the  future? How  does  this  particular  scholarship  fit   into  your  plans for  the  future? into your plans for the future? Will  a  scholarship  officer  remember your   topic  after  a  day  of  reading  hundreds  of   t i ft d f di h d d f essays? What  will  the   officer  remember  about   you? you? 20 21

Beaches in the Algarve

Lagos boasts one of the biggest stretchaes of beaches in Europe—the Meia Praia. Situated halfway between the walk from Alvor to Lagos, its name was derived from â€Å"Meia† which means â€Å"half†. During the height of summer, Meia Praia offers tourists the opportunity to get way from the bustling crowds. It has sheltered beaches between the cliffs that offer some privacy, and has top-notch sporting facilities that have everything water sports aficionados might need. The lack of rock formations makes the Meia Praia ideal for various water activities.Because of Meia Praia’s width, its waters are generally calm, making it ideal for families with little children. Praia da Arrifana Praia da Arrifana is considered to be one of the more reasonably safe beaches for swimming, and is one of the best for family-friendly beaches near Aljezur. With its large, sandy beach and excellent facilities, it is ideal as a family getaway. Its open bay also offers great views of the sea and the surrounding vista. While Praia da Arrifana is a favorite among families during the high season, outside peak times, it is flocked by surfers, body boarders, and other water sports enthusiasts.Other activities include water-skiing and jet skiing. Praia da Bordeira Praia da Bordeira is a clam, quiet beach in the coast of Aljezur. It’s a great place for rest and relaxation—the beach is often deserted during low season and is less frequently visited than other beaches in the area during high season. With long sandy stretches of beach and plenty of sand dunes, Praia da Bordeira is suitable for long walks and exploring on foot. The beach can be reached by traveling north from Vila do Bispo, then going towards the sea after passing the small village of Carrapateira. Praia da CarriagemPraia da Carriagem is an isolated beach along the Costa Vicentina in the district of Aljezur. Unlike the surrounding beaches, it is not much frequented by people. It serves as a haven for nature lovers, as well as those wanting to explore coves, as well as nooks and crannies between cliffs. Praia da Carriagem is also an ideal place for enjoying some quiet time with activities like long walks and stargazing. Praia da Cordoama Praia da Cordoama in Costa Vicentina near Vila do Bispo Vila do Bispo is a wide, rugged stretch of beach situated in a huge bay surrounded by steep cliffs, with promontories along its sides.Its cliffs and promontories contribute to the steady wind quality, making it popular with surfers, paragliders, and other water sports enthusiasts. Praia da Dona Ana Probably the most popular beach on the Algarve, Praia da Dona Ana offers fantastic views of its rocks, cliffs, grottos, caves, and other natural formations. This small beach is located on â€Å"Golden Coast† of Lagos and is split in two by a cliff. The rock formations are breathtaking, stirring the imagination—rocks can take on various shapes like a gigantic ship, a Mayan t emple, and various animals, to name a few.One of the popular activities in this beach is touring cave and grottoes by boat. Praia da Falesia Praia da Falesia in the west of Vilamoura features long stretches of sandy beaches against a backdrop of ochre cliffs. It is sheltered by low cliffs, which provides some privacy and makes it an ideal spot to soak up the sun and sunbathe. These cliffs are tall enough to bar northern winds during the off-season, but not too tall to prevent easy access. Praia da Falesia could be reached from Vilamoura by traveling west toward Olhos de Agua. Praia da GalePraia da Gale in the west of Albufeira has a considerable stretch of beach that runs along the bay of Armacao de Pera up to town. It looks out to the Armacao de Pera bay and provides great views of the sea. Since Praia da Gale has no cliffs and rock formations, it is easily accessible by road on many points. One can go to the beach by automobile and can park nearby. Water sports enthusiasts also fr equent Praia da Gale—it is good spot for scuba diving, wind surfing, water-skiing, and jet skiing. Visibility under the water is remarkably high, providing the most ideal diving conditions.Praia da Ilha de Tavira-Mar Praia da Ilha de Tavira-Mar on the island of Tavira has busy, active beaches with an extended dune system. During the summer and peak seasons, cafes and water sports facilities abound. Dubbed as a â€Å"jewel† in the crown of Eastern Faro, the islands beaches are huge and breathtaking. Praia da Ilha de Tavira-Mar, in particular, is situated within a locally protected natural area. The Ilha de Tavira itself is a protected natural park and has campsites for nature lovers and nature exploration enthusiasts. It is suitable for tourists with an inclination for nature.Being a nature reserve however, tourism in the area is somewhat regulated. Regular ferries run by two ferryboat companies from the city of Tavira provide access to the island. Praia da Maina de Vil amoura Praia da Maina de Vilamoura in Loule features a wide stretch of sandy beach than runs from the marina of Vilamoura to the east, before reaching the small fishing port of the nearby Quarteira. Its excellent bay is well protected by rock plateaus and breakwaters, making it convenient and suitable for families with young children. Praia da Maria LuisaPraia da Maria Luisa is a small, sandy but also stony beach set in the backdrop of cliffs in the eastern side of Albufeira between Olhos d' Agua and Santa Eulalia. It is accessible from various villages and can serve as a good spot for strolling, long walks, and doing exercise. Praia da Luz Praia da Luz or â€Å"light beach† is a popular beach in the bustling tourist town of Luz in the city of Lagos. Its beaches are very busy during summer months. Praia da Luz is bordered by the Rocha Negra, which is a sheltered reef break on the eastern side of the beach.It boasts excellent water sports facilities and a well-equipped water s ports center. The waves are intermittent and are suited for surfing and water sports junkies looking for a challenge. Praia da Rocha Praia da Rocha or â€Å"beach of rocks† near Portimao is considered the best surfer’s beach in the south of Algarve, and is probably the oldest and most popular beach in the region. Like nearby Praia da Rocha, its waves are erratic and unpredictable, making it a hard but welcome challenge for surfers wanting to show their stuff.Though many tourists and beach-goers frequent it, it is so wide and spacious that there is plenty of room to stretch out. The beach features great stretches of sand on the seafront, and a tunnel on one end leads to narrower beaches set in a stunning backdrop of cliffs and rock formations. The latter part is sheltered by the tunnel and cliffs from the sun during afternoons. Praia da Oura Praia da Oura, beautifully located near the amusement quarter in the east of Albufeira, features a long sandy beach surrounded by rocks and rocky bays. This beach is popular with surfers and windsurfers alike, and is very busy during the summer season.Praia de Adegas Praia de Adegas is a beach located in the district of Aljezur. Access to this beach can be difficult, but is a popular destination for nature lovers and enthusiasts. This beach is within a protected area, and is one of the only five official naturist beaches in Portugal. Praia de Armacao de Pera Praia de Armacao de Pera in Lagos is a sandy beach near the Armacao de Pera tourist center promenade. It is very spacious and popular with families and is brimming with people (mainly locals and Portuguese) during weekends and the summer.Here, the breeze is light and the water is reasonably safe for swimming, particularly for children. Praia de Armona-Mar Located in an island between the towns of Olhao and Fuzeta, Praia de Armona-Mar is only accessible through ferryboats originating from the fishing port of Olhao. Ferries are frequent (they leave in 15 min ute intervals) so traveling to and from the island is fast and convenient. The beach is usually less populated and is only visited by a limited number of people. It is very peaceful and is great for a quiet, relaxing time. Praia de BurgauPraia de Burgau, situated in the town of Burgau in Vila do Bispo, may be small, but tourists frequently visit it during the summer months. Promontories such as hills go all around the beach so it is sheltered from the cold northern winds in this area of the Algarve. There is a small bar near the beach for those wanting to satisfy their thirst, and a boat and canoe rental shop nearby for visitors wishing to go a small, secluded beach west of Praia de Burgau. Praia de Faro Praia de Faro just about seven kilometers south of Faro airport, features a long, narrow stretch of sandy bar.Its sands are soft and the beach is wide and spacious. Beaches along the coast of Faro to Tavira are only accessible through ferry, but Praia de Faro is an exception in that it can be accessed through a small bridge on the sandbank. Being near a bustling urban town, it is usually busy; there are also plenty of restaurants and water sports facilities. The beach is in the warmest region in the mainland, with winter temperatures never going below 0? C. The summer temperature, however, seldom reaches 35? C. This nice, warm, and even weather makes it a popular spot during the summer months.Praia do Garrao Praia do Garrao is a large, beautiful sandy beach that features protected dunes. It is located between the chic and exclusive resort towns of Quinta do Lago and Vale do Lobo in Loule. The beach is readily accessible by road, but is also ideal for walking towards the Faro or Vilamoura directions. One section of the beach locally called â€Å"Julias† is popular for its excellent restaurants. Praia de Olhos d? Agua Praia de Olhos d? Agua is a small, but charming beach located in the new village of Olhos d? Agua in Albufeira. Rocks surround its small ba y.Local fishermen also use the bay and could often be seen getting their day’s catch. Excellent restaurants serving the local fare like fresh seafood dishes are also nearby. Praia de Vale de Lobo Vale do Lobo in Loule near Almancil boasts the beautiful sandy bays of Praia de Vale do Lobo. Flanked by small cliffs running along its length and its sides, the beach had to be constantly maintained by the holiday resort town of Vale do Lobo from shoreline erosion. Great endeavors, such as re-transplantation of sediments, are made to prevent the sea from eating up the shoreline. Praia de Vales dos HomensPraia de Vales dos Homens in the city of Aljezur is a small beach ideal for nature lovers. The beach is situated at the western coast near Rogil between Praia da Carriagem and Praia da Samouqueira, and is home to an interesting variety of flora and fauna, as well as a breathtaking array of marine life. It is in a relatively unpopulated area and is less frequented by tourists, making it a nice refuge for people looking to get away from the hustle and bustle of the city. Praia do Alvor Praia do Alvor is beautifully located in Alvor and borders the eastern half of the bay of Lagos.The beach has low dunes; but since there is almost no rock and cliff formations barring access, it can easily be reach from the road and from the village Alvor. Its long, sandy beaches are inviting for long, leisurely walks. This beach acts as a low sand bar, creating an interior lagoon that acts as a form of port for the old fishing village of Alvor. The waters are calm, which is great for families and children. The beach, which faces an open bay, is popular among windsurfers and kinds of water sports aficionados. Praia do AmadoPraia do Amado, located in Aljezur at the western coast, is a popular and very much sought-after spot for extreme sports by surfers and other water sports enthusiasts. The beach is lively and brims with people during the summer months, and little cafes overlookin g the beach are in the area. It is known in the surfing world for its strong, challenging currents, its roguish waves, and rock formations in places that get covered at high tide. Praia do Amado has already served as a venue of several local and international surf and body-boarding competitions.Praia do Barril The beach of Praia do Barril is an extension of Praia Ilha de Tavira on the island of Tavira. It is situated within the Ria Formosa Natural Park and features extensive sand dunes. Praia do Barril can be accessed via either a wooden bridge from the tourist villages of Santa Luzia and Pedras del Rey, or a small train that shuttles from Santa Luzia. The train ride running across the waters separating Praia do Barril and Praia Ilha de Tavira is slow and leisurely, giving visitors a chance to experience the island’s stunning view. Praia do CastelejoPraia do Castelejo is a sandy beach on the west coast of the Algarve, right on the rugged Costa Vicentia and just to the northwe st of Vila do Bispo. It has strong breakers and is thus a somewhat popular surfing spot. The beach has many water sports facilities and with all the equipment one needs for a session on the waves. Being a relatively small beach with an atmosphere drastically different from beaches on the southern coast, it might not be preferable to everyone, although there is a relatively high return rate among its visitors. This beach is also one of the safer ones on the west coast. Praia do MartinhalPraia do Martinhal is a large, flat sandy beach in the shallow Bay of Baleira and east of Sagres. It is located in the town of Vila do Bispo, with Ponta da Atalaia to its west. It is a good place to visit when in Sagres. It is conducive for contemplative walks, but is also very good for surfing. This beach is a favorite windsurfing spot for many. Praia do Vau The striking beach of Praia do Vau in the city of Portimao is a massive beach located at the far western end of Praia da Rocha’s seafront road, and is adjacent to the Praia da Rocha beach to the east end. The beach can be well-populated during the peak season, usually by locals.It is flanked by residential areas and is mostly managed by hotels nearby. It is easily accessible from the road and there is a car parking area nearby. Medium-rise cliffs at the beach’s far end provide shade during hot afternoons. Praia Verde Praia Verde situated in the west of Monte Gordo is a long, endless beach that stretches westwards towards Tavira. Its name â€Å"Verde†, which means â€Å"green†, was taken from the backdrop of plants and trees lining the side of the beach. It has great facilities ideal for most families and their children, and its waters are calm and safe for swimming.

Econmet Paper

Christian Benedict B. ARGA 11027614 AE-FIN A Study on the Effect of Inflation, Net Income, and Energy Use to the Fossil Fuel Consumption in the Philippines An Empirical Paper Presented to The Faculty of the School of Economics De La Salle University In Partial Fulfillment of the Requirements in ECONMET Submitted by: Christian Benedict B. Arga 11027614 Submitted to: Dr. Cesar Rufino December 14, 2012 1 Christian Benedict B. ARGA 11027614 AE-FIN Table of Contents Introduction I. II. III. IV. Background of the Study Statement of the Problem Objectives of the Study Scope and LimitationsReview of Related Literature I. II. III. Inflation Net Income Energy Use Operational Framework I. II. Variable Descriptions A-Priori Expectations Methodology I. II. Data Gathered Model Specifications Empirical Results and Interpretation I. II. Variable Analysis Critical Assumptions 2 Christian Benedict B. ARGA 11027614 AE-FIN 1. Multicollinearity 2. Homoscedasticity 3. Non-autocorrelation Remedial Measures and Adjusted Estimated Econometric Model I. II. Remedial Measures Adjusted Econometric Model Conclusions and Recommendations Bibliography Data Presentation 3 Christian Benedict B.ARGA 11027614 AE-FIN Introduction I. Background of the Study In this empirical paper, the researcher aims to know the effects of net income, inflation and energy use on the consumption of fossil fuels in the country. This project will allow the student to use various econometric concepts and a variety of tests to determine the factors that will allow him a practical approach on the subject. Fossil fuel as defined by Encyclopedia Britannica is â€Å"any of a class of materials of biological origin occurring within the Earth’s crust that can be used as a source of energy. It is a hydrocarbon containing natural resource that is not acquired from plants or animals. Fossil fuel is a general term for buried combustible geologic deposits of organic materials, formed from decayed plants and animals that ha ve been converted to crude oil, coal, natural gas, or heavy oils by exposure to heat and pressure in the earth's crust over hundreds of millions of years. The depletion of fossil fuel has been an underlying problem in our economy. Unlike energy coming from hydroelectric power plants or windmills, the energy acquired from fossil fuel cannot be renewed and is gone forever. Christian Benedict B. ARGA 11027614 AE-FIN II. Statement of the Problem As said earlier, fossil fuel is a non-renewable energy source. All countries in the world are trying their best to conserve their respective resources. The problem in this empirical project is that whether various factors such as inflation, net income, and energy use of the country has an effect on its consumption of fossil fuels. III. Objectives of the Study There are various objectives to this study. First is to find out whether inflation, net income, and energy use has an effect on a country’s consumption on fossil fuels.Second, is to educate the readers of this paper which of the independent variables affects the consumption of fossil fuel the most. And lastly, this paper aims to apply the various lessons learned in class to show the effects of the chosen variables on the fossil fuel consumption. 5 Christian Benedict B. ARGA 11027614 AE-FIN IV. Scope and Limitations The data gathered that was used in this project was limited and only allowed the researcher to gather up to 35 observations because some variables lack values for previous years. Because of this reason, the sample size is relatively small and cannot be compared to other countries for reference.Review of Related Literature I. Inflation Inflation is defined by Investopedia, as the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum. Inflatio n has affected the rate of many products at which they are consumed. For this project, we will find out if inflation has an effect on the consumption of fossil fuels. We want to find out if people would 6Christian Benedict B. ARGA 11027614 AE-FIN consume more or less if the prices of fossil fuel has been affected by inflation. II. Net Income Net income, as learned in the student’s business subjects, is the money left after subtracting expenses and other deductibles like taxes and interest to the total revenue. We will observe if net income has an effect on fossil fuel consumption. Maybe, a higher net income may lead the consumer to consume more or perhaps, a lower net income may get the consumer to find other sources of energy which may be cheaper than fossil fuel. III. Energy UseFossil fuel burning powers our vehicles and industries, heats and cools our buildings, and runs appliances. It also produces electricity that we use for all sorts of purposes, such as lights and comp uters. This is quite obvious because as we consume more energy, the more fossil fuel we burn and vice versa. 7 Christian Benedict B. ARGA 11027614 AE-FIN Operational Framework I. Variable Description The model will contain the following components, the dependent variable and the independent variables. The independent variables are those that are exogenous in nature. It is not affected by any variable contained within the model.The dependent variable, on the other hand, is endogenous in nature. It is affected by all the independent variables in the model. For this project, there will be three independent variables namely; inflation, netincome, and energy while the dependent variable will be fossil. Table 1 : Variable Description This is the independent variable. This is the fossil fossil fuel consumption of the Philippines from the years 1977 until 2011. It is expressed in percentage. 8 Christian Benedict B. ARGA 11027614 AE-FIN This is a dependent This is GDP variable. measured infl ation by the deflator from 1977 up to 2011.This variable is expressed in the annual percentage. This is a dependent is the variable. This yearly total income of our country from 1977 until netincome 2011. We can see that the data has negative values. This is due to the data being in BoP expressed in US$. This is a dependent is the variable. energy yearly This energy of from the 1977 consumption Philippines until 2011. This variable 9 Christian Benedict B. ARGA 11027614 AE-FIN is expressed in kilotonnes. II. A-Priori Expectations The A-Priori is a smart justification before actual testing and analysis is done with the data. Given that the fossil fuel onsumption is the dependent/endogenous variable, we will take a look at the relationship of this with the independent/exogenous variables. This will be presented in the table below: Table 2: A-Priori Expectations Endogenous Variable: fossil Exogenous Variable Relationship Reason As inflation goes up, the prices of fossil fuel goes up too therefore, the consumption of fossil fuel will be reduced. People will try to find cheaper sources of energy and maybe renewable ones are a good try. inflation negative 10 Christian Benedict B. ARGA 11027614 AE-FIN netincome positive energy positiveAs netincome increases, there will be more money to spend therefore it may affect the consumption of fossil fuel positively. People will tend to buy more goods like food which requires electricity to cook. As energy consumption goes up, there will be more and more fossil fuel that will be consumed. Most of the world's energy source comes from fossil fuels. Therefore, as people tend to consume more energy, more fossil fuel is going to be burned up. Methodology I. Data Gathered The data gathered has been acquired from the databank of the World Bank’s website. The data is from the Philippines dating back from 1977 until 2011.There are a total of 35 observations. This is due to the reason that some of the variables lack data from 1976 and further back. So to keep the consistency of this project, only 35 observations per variable has been used. This is to ensure that the 11 Christian Benedict B. ARGA 11027614 AE-FIN data is unbiased and comparable to each other. Presented in the table below is the data summary from Stata12: II. Model Specifications The regression model to be formed will be based on intuition, economic theories, conducted studies and research materials related to the objectives of this paper.The independent variables chosen will all be affecting the dependent variable, profits, proportionately; therefore, it is appropriate to use the lin-lin model or the linear-linear model. The estimated econometric model based on the A-priori expectations would look like this: fossil=? 1 +? 2 inflation+? 3 netincome+? 4 energy+U i 12 Christian Benedict B. ARGA 11027614 AE-FIN Empirical Results and Interpretation I. Estimated Econometric Model The summarization table earlier confirms that there are truly a total of thirty-five observations for each variable.The data can therefore be regressed and is comparable for there are equal numbers of observations per variable included in the estimated model. However, in order to determine the individual contribution of each variable, the values should be in terms of the same unit of measurement. The model has been transformed into the Log-Log model so that the data is comparable to each other. Stata12 generated the missing values. Using the Ordinary Least Squares regression functionality of Stata12, the following table has been generated which will lead us to acquire our estimated econometric model: 13 Christian Benedict B. ARGA 11027614AE-FIN The estimated model is now: fossil=-2. 324895. 0168192inflation+. 0182493netincome+. 5711335energy+U i From doing the Ordinary Least Squares regression, we are actually looking at the p-values and the r-squared values. The pvalue will tell us the significance of the variable while the r-squared will tell us the explanatory ability. The significant parameters in the data are the netincome, energy, and the constant. We could say that these parameters are significant because when the p-value generated by Stata12 is generated by two, the p value falls below the required value of 0. 05. The r-squared of the data is at 0. 349 or 93. 49%. This tells us that this data explains that the data is a good fit for the real world because it explains 93. 49% of the real world model. II. Variable Analysis Given the independent variable, fossil, and the independent variables, it is given that for every 1 unit increase in inflation, fossil fuel consumption would go down by 0. 0168912%. This gives inflation a negative relationship with fossil fuel consumption and 14 Christian Benedict B. ARGA 11027614 AE-FIN thus matches with our A-priori expectation. Next, for every 1 unit increase in net income, fossil fuel consumption will go up by 0. 182493%. This satisfies our A-priori expectation that net income has a positive relationship with fossil fuel consumption. Energy is also proven to give a positive relationship with fossil fuel consumption. This is given by its coefficient of 0. 5711335. So this means that for every 1 unit increase in energy use, fossil fuel consumption goes up by 0. 5711335% which also satisfies our Apriori expectation. Now for the constant, which has a coefficient of 2. 324895, tells us that if nothing happens with inflation, net income, and energy use, fossil fuel consumption still goes down by 2. 324895%.Although it is a fantasy that there will nothing happen with inflation, net income, and energy, there may be missing factors which were not included in this project. III. Critical Assumptions Classical linear regression models (CLRM) have three critical assumptions ? non-multicollinearity, homoscedasticity and nonautocorrelation. Violations of these will each give up an unfavorable, unreliable and inaccurate outcome for the estimated model. It is for these reasons that the above interpretation of the 15 Christian Benedict B. ARGA 11027614 AE-FIN model could not be used yet to conclude anything regarding the consumption of fossil fuel. . Multicollinearity, as defined by Penn State University, is an event whenever two or more of the predictors in a regression model are moderately or highly correlated. To test for multicollinearity, the Variable-Inflating Factor will be used. Shown below is the result generated by Stata12: There is multicollinearity within the model if the Mean Variance-Inflating Factor is greater than 10. From the result generated by Stata12, the Mean VIF is 1. 08. This value is very far from 10 therefore, the model does not possess the problem for multicollinearity. 2.Homoscedasticity Homoscedasticity means that the variance around the regression line is constant for all X values. Heteroscedasticity are most commonly present in cross-section data. When 16 Christian Benedict B. ARGA 11027614 AE-FIN heteroscedasticity is present , OLS is no longer the best linear unbiased estimate; therefore, violation of this assumption is a far graver problem than the violation of non-multicollinearity. The researcher used Stata12 to test for homoscedasticity. Using the variables above for the test, Stata12 gave the result as follows: Given that our H o : P-Value (one-tailed) > 0. 5: constant variance and H A : P-Value (one-tailed) < 0. 05: non-constant variance, Stata12 yielded a p-value of 0. 3693. Because the pvalue that was acquired is greater than 0. 05, we accept the null hypothesis which states that our OLS has a constant variance and thus, is not suffering from heteroscedasticity. 3. Non-autocorrelation Another critical assumption of the CLRM is non- autocorrelation. Autocorrelation is the correlation between the past and present value of the data. This violation is commonly 17 Christian Benedict B. ARGA 11027614 AE-FIN present in time series data because of the sluggishness of economic variables.The presence of a utocorrelation will result to OLS not being the best linear unbiased estimate, although it is still unbiased, constant, asymptotically normal and sufficient. R–squared are overestimated, t-values F-values and x 2 are all wrong, all leading to counter-intuitive signs. The root cause of all these errors will be coming from the standard errors being underestimated. This will result to wrong policy implementation and misleading inferences. For this, the researcher used the Breusch-Godfrey LM test for autocorrelation. The result can be seen below: Given that our H o : P-Value (one-tailed) > 0. 5: no serial correlation and H A : P-Value (one-tailed) < 0. 05: with serial correlation, Stata12 yielded a p-value of 0. 1119 which is greater than 0. 05 thus, we accept the null hypothesis that there is no serial correlation in the model. Although the data has been tested through the BreuschGodfrey LM test for autocorrelation, we still need to test it 18 Christian Benedict B. ARGA 11027614 AE-FIN furthermore but now through the Durbin-Watson d statistic test. The Breusch-Godfrey test has been done first because it is preferred by statisticians for auto correlation testing.Now for the results of the Durbin-Watson: The result for the Durbin-Watson yielded a value of 0. 6512995. As learned through the course, autocorrelation exists if the result is close to 0 or 4. The model possesses positive autocorrelation if the yielded d is close to 0. On the other hand, if d is closer to 4, the model experiences a negative autocorrelation. For the model to be autocorrelation free, the yielded d must be closer to 2 than 0 or 4. In this case, Stata12 returned a result which is closer to 0 which tells us that autocorrelation exists in the model.Because the assumption of no autocorrelation was violated, we must correct this by implementing remedial measures. 19 Christian Benedict B. ARGA 11027614 AE-FIN Remedial Measures and Adjusted Estimated Econometric Model I. Remedial Measure Bec ause the model was tested with positive autocorrelation above, a remedial measure is needed to be implemented to correct this. For this problem, it will be corrected through the use of the Prais-Winsten estimation. It is a procedure meant to take care of the serial correlation of type AR(1) in a linear model.It is a modification of Cochrane–Orcutt estimation in the sense that it does not lose the first observation and leads to more efficiency as a result. Stata12 could also apply this method whenever autocorrelation is detected through the Durbin-Watson testing. The results are as follows: 20 Christian Benedict B. ARGA 11027614 AE-FIN After the application of the Prais-Winsten estimation, we acquired a transformed Durbin-Watson statistic of 1. 206692. This value is closer to 2 compared to the original DW statistic of 0. 651299. Having this result, we can now safely say that the model now is autocorrelation free.II. Adjusted Econometric Model With the execution of the Prais-Wi nsten, the r-squared and the adjusted r-squared has changed together with the coefficients of the variables. With the transformed r-squared of 0. 9994, it has improved from the previous r-squared of 0. 9349. This means that the model now explains 99. 94% of the real world variance. Because of the Prais-Winsten transformation, we acquired new coefficients and thus we have our adjusted econometric model: fossil=-2. 956624. 0344159inflation+. 0145774netincome+. 6412211energy+U i The same concept still applies with our previous econometric model.The relationships between the dependent variable and the independent variables haven’t changed so that means that it still meets our A-priori expectation. 21 Christian Benedict B. ARGA 11027614 AE-FIN Conclusion and Recommendations Now that the model with fossil fuel consumption as its dependent variable; inflation, net income, and energy use as its independent variables, has now been empirically tested and that the concepts and skills th at have been learned in class have been applied, it is now time to supply in the conclusions and recommendations about the subject matter.Fossil fuel as said earlier is a non-renewable source of energy. Once that it has been burned up, it can never be acquired again. Unlike hydroelectric and wind energy sources, these are easily renewable through the resources provided by Mother Nature. Also, the burning of fossil fuel damages the ozone layer and increases the amount of greenhouse gases. It has been proven earlier that the A-priori expectations have been met. First I’d like to discuss the relationship of inflation and fossil fuel consumption. It is said above that fossil fuel consumption and inflation have a negative relationship.This means that whenever inflation goes up, the consumption of fossil fuel goes down. If the global economy wants to reduce the consumption of this non-renewable energy source and encourage people to turn to other sources of energy other than this, t aking advantage of the inflation may be a good idea. If fossil fuels’ prices like oil and coal have gone up due to the inflation, people may find it practical to switch to other sources of energy like solar, wind, or geothermal heat. 22 Christian Benedict B. ARGA 11027614 AE-FIN Fossil fuel consumption and net income has been proven to have a positive relationship.This is because whenever the net income of a household increases, they can afford more goods such as food and electric dependent devices which consumes more fossil fuel. If the net income on the other hand goes down, the consumption of fossil fuel also goes down. This is due to the fact that people tend to consume less when their income is lower. They buy less food and other goods which consume fossil fuel to be utilized. Energy use also has a positive relationship with the consumption of fossil fuel. Today, very few have switched to the use of renewable energy.There are very few houses that have solar panels to pow er up their household. Some industrial organizations have windmills and large solar panels that power up their buildings and machineries. But even though these alternative sources are more eco-friendly, it comes with a very large price tag. It is very expensive to switch to renewable energy sources than just plainly using fossil fuel for power. So this means that the more a household or organization use energy, more and more fossil fuel is burned and consumed. Fossil fuel is the most reliable source of energy today.If for example, a certain country would want to reduce its fossil fuel consumption, they can implement laws like to increase the taxes on fossil fuel so that people would be forced to switch to other energy resources. The use of fossil 23 Christian Benedict B. ARGA 11027614 AE-FIN fuel hasn’t really been a win for our planet. Burning fossil fuels release greenhouse gases which lead to the depletion of the ozone layer. Aside from this, fossil fuel may someday be bur nt out completely. Embracing other sources of energy which may be safe for the environment may be a good thing because fossil fuel will not last for a very, very long time. 4 Christian Benedict B. ARGA 11027614 AE-FIN Bibliography Gujarati, D. , &Porter, D. (2009). Basic econometrics. Singapore: McGrawHill/Irwin. Damassa, T. (n. d. ). Fossil Fuel Consumption and its Implications | World Resources Institute. World Resources Institute | Global Warming, Climate Change, Ecosystems, Sustainable Markets, Good 2, Governance 2012, & the from Environment. Retrieved December http://www. wri. org/stories/2006/11/fossil-fuel-consumption-and-itsimplications Data | The World Bank. (n. d. ). Data | The World Bank. Retrieved November 30, 2012, from http://data. worldbank. rg/ Fossil Fuels and Energy Use. (n. d. ). B. C. Air Quality – Home. Retrieved December 9, 2012, from http://www. bcairquality. ca/101/fossil-fuels. html Fossil | Department of Energy. (n. d. ). Energy. gov | Department of Energy. Retrieved December 5, 2012, from http://energy. gov/science- innovation/energy-sources/fossil 25 Christian Benedict B. ARGA 11027614 AE-FIN Data Presentation Year 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Fossil fuel energy consumption (% of total) 55. 31347732 54. 8931033 53. 78592188 49. 29623659 45. 48943701 43. 37568802 44. 38229089 35. 31123038 35. 76117547 36. 35431158 40. 26445038 41. 63311248 42. 63808088 43. 43920259 44. 68749999 48. 64714575 49. 75059198 52. 18039963 55. 84399353 56. 88793876 58. 26781808 56. 4225028 53. 69666356 53. 57196521 54. 87855853 56. 41898661 57. 72775356 56. 78790726 58. 16262043 56. 49811715 56. 71572428 57. 1050697 Inflation, GDP deflator (annual %) 8. 272875998 9. 331739787 14. 83954359 14. 24994909 11. 70313893 8. 701224356 14. 22188106 53. 3359576 17. 63285991 2. 952878059 7. 4981921 9. 647022877 9. 033063566 12. 9712 8127 16. 268799 7. 932658326 6. 832158129 9. 991314599 7. 550870238 7. 661037838 6. 224392022 22. 38172301 6. 585053049 5. 709799946 5. 54947782 4. 162229818 3. 201335984 5. 516871 5. 828020679 4. 949030524 3. 090323839 7. 549059634 Net income (BoP, current US$) -125000000 -118000000 -206000000 -420000000 -503000000 -1021000000 -836000000 -1449000000 -1300000000 -1301000000 -1190000000 -1185000000 -1349000000 -872000000 -500000000 445000000 924000000 1850000000 3662000000 3282000000 4681000000 3769000000 -1062000000 -30000000 -57000000 -430000000 -287000000 -74000000 -298000000 -1261000000 -899000000 105000000 26Energy use (kT) 20161. 985 20500. 008 21698. 546 22748. 27 22856. 792 23462. 731 25453. 089 22902. 456 24008. 288 24091. 214 25209. 039 26593. 306 27975. 579 28891. 831 28878. 767 30215. 561 30233. 992 32369. 158 33981. 925 35217. 379 37071. 776 38075. 904 39044. 627 40423. 602 38777. 981 39300. 931 39385. 191 39152. 811 39178. 35 38848. 861 38142. 364 39605. 368 Christian B enedict B. ARGA 2009 2010 2011 57. 04278229 57. 04278229 57. 04278229 2. 773246711 4. 222388865 4. 246089114 11027614 -193000000 505000000 1293000000 38842. 497 38842. 497 38842. 497 AE-FIN 27