Tuesday, December 31, 2019

Jane Eyre by Charlotte Bronte Essay - 1076 Words

Charlotte Bronte writes in the famous novel Jane Eyre, â€Å"I am no bird; and no net ensnares me: I am a free human being with an independent will†. As the writer shows the freedom wills is rooted into the woman and they fight for their independence based on their situation. But most of the Asian culture defending the rights and portraying the women into the frames of concerned, beautiful, caring, weak and under estimating them. Women are expected to play a conservative role in the community. Especially they considered as the ‘Honor’ of the family who is responsible for preserving the prestige of the family. While it is true that women are beautiful, care and concern, it does not necessarily compulsion to determine this feature only define the†¦show more content†¦But â€Å"It is symbolic of breaking free from oppressive social customs against women in Tamil society† (The Hindu, 2002). This quote is simply represents that above appearance change w as the first step to the social transformation by proving that there is no difference in dressing between males and females. Thus a huge call for action started not only against the politics but also against the social structure of Sri Lanka. The LTTE women fighters were participated and dedicated themselves in the war. The LTTE female combaters proved that the women are not biologically weaker than males. The LTTE women fighters trickled down the broad view that the women are soft and weak. Kelly Oliver, writer of book â€Å"women as weapon of war† says, â€Å"in the past, American women served behind the front lines as nurses in Korea and Vietnam†¦Ã¢â‚¬  (Oliver, 20), but LTTE women were front line fighters during the war zone. It means the LTTE female fighters were brave enough to oppose the armed forces in the battle to prove their egalitarian as men. In the LTTE organization, the women undertake the same tough trainings as men do, also breaking up into fighting gr oups in the battle field as front line fighters, intelligence and gathering information from the enemies in the high security places of Sri Lanka, and being appointed as political and administrative unit officers with in the LTTE organization (The Hindu, 2002). They were also theShow MoreRelatedJane Eyre By Charlotte Bronte1601 Words   |  7 Pagesfeminist, one must see it through the lens of the time and place Brontà « wrote it. Charlotte Brontà «Ã¢â‚¬â„¢s Jane Eyre was a feminist work in that Bronte expressed disdain for oppressive gender structures through the voice of Jane Eyre, and the actions of Bertha Mason. Jane Eyre was a steamy novel for its time, with imagery as blatantly concealed as Jane’s description of Rochester’s hand as being â€Å"rounded, muscular; and vigorous†¦long, strong†¦Ã¢â‚¬  (Brontà « 312) A modern reader might blush at the description and itsRead MoreJane Eyre By Charlotte Bronte1437 Words   |  6 Pagestools that depict history. One great work of art that portrays these constant struggles is Jane Eyre by Charlotte Brontà «. While addressing social issues of a governess, Brontà « also tackles Victorian society’s corrupt and unjust ideals by using different settings and characters such as Mr. Rochester and Gateshead Manor. In Jane Eyre, the depiction of a rigid social class restricts the protagonist, Jane Eyre, from marrying her love, Mr. Rochester. Sadly, Jane’s relationship is also jeopardized by passionRead MoreJane Eyre By Charlotte Bronte1374 Words   |  6 PagesJane Eyre by Charlotte Bronte Within the specter of the Gothic fictions arises the atmosphere of gloom, terror, and mystery with some elements of uncanny challenging reality. One major characteristic function of the Gothic fictions is to open the fiction to the realm of the irrational and perverse narratives, obsessions, and nightmarish terrors that hide beneath the literally civilized mindset in order to demonstrate the presence of the uncanny existing in the world known rationally through experienceRead MoreJane Eyre by Charlotte Bronte781 Words   |  3 PagesThrough her trials and tribulations, Charlotte Bronte has kept her passion for poetry alive and remains as one of the most influential British poets of all times. Even though she is one of the most famous female writers of all times, she is mostly famous for her most popular novel Jane Eyre. Charlotte Bronte has experienced more tragedy in her life than happiness by losing her mother and all five of her siblings. But, in her moments of tragedy, she expre ssed her feelings through poetry. As a resultRead MoreJane Eyre, By Charlotte Bronte949 Words   |  4 PagesSurrounded by witnesses, Jane stands in front of the minister, poised to take her marital vows as the mystery of Thornfield unravels. Unbeknownst to her, Rochester’s actual wife, Bertha Mason, is within close proximity.The knowledge of Bertha, and the mystery, will pose as a test to Jane s morals and her character. Through Jane Eyre, a powerful Victorian-era novel, Charlotte Bronte portrays the role of women in Victorian society while masterfully solidifying Jane’s role as its polar opposite: anRead MoreJane Eyre By Charlotte Bronte1714 Words   |  7 Pages Jane Eyre by Charlotte Brà ¶nte voiced the radical opinions of Brà ¶nte on religion, gender, and social class. Jane Eyre, a young orphan who lived with her vituperative aunt and cousins, strayed away from the Victorian ideals of a woman and established a new status for herself. Jane Eyre was originally written in 1827 and was heavily influenced by the late gothic literature of the 19th century. Gothic literary aspects such as supernatural occurrences, mysteries and dark secrets, madness and dangerRead MoreJane Eyre, By Charlotte Bronte1620 Words   |  7 PagesIt is often said that it is the role of literature to challenge and confront the conventional values of a society. In the novel, Jane Eyre, by Charlotte Bronte the idea of challenging and confronting conventional values is stressed often. Perhaps it is in relation to the author herself, as seen in the autobiographical elements recognizable throughout the novel. Some of these autobiographical elements include the form of which the novel is written in, called Bildungsroman where the story is focusedRead MoreJane Eyre By Charlotte Bronte1203 Words   |  5 PagesThe nineteenth-century Jane Eyre by Charlotte Bronte is considered to be a gothic novel. Gothic literature took place mostly in England from 1790 to 1830, falling in to the category of Romantic literature. The Gothic takes its roots from previous horrifying writing that extends back to the Middle Ages and can still be found in writings today by many authors including Charlotte Bronte. The strong description of horror, abuse, and gruesomeness in Gothic novels reveals truths to readers through realisticRead MoreJane Eyre, By Charlotte Bronte929 Words   |  4 PagesIn Jane Eyre, by Charlotte Brontà « explores how Jane wants to find love--not just romantic love but to value and sense of belonging. The book challenges how the language of middle-class love affects the way a character’s self-identity can alter the action, how Jane sees herself later when she found love and sense of belonging as independent women. When Jane was a child she struggles to find her own identity Jane begins to change through her journey once she realizes her own identity and this helpsRead MoreJane Eyre By Charlotte Bronte1359 Words   |  6 PagesFollowing the ex periences of Jane Eyre, Charlotte Bronte, expresses many elements of gothic literature throughout her novel Jane Eyre. In her perfect understanding of gothic literature, she expresses the three types of evil commonly found in gothic literature, including the evil of the supernatural, the evil within or the instinctual evil motives of humans, and lastly, the evil because of societal influence. Jane Eyre experiences all of these three evils with her aunt and three cousins with her residency

Monday, December 23, 2019

Hot Air Balloons An Tool For Air Transportation - 944 Words

By: Vishal Singh Hot air balloons were one of the remarkable tool for air transportation in the olden days. According to (Adrenaline, 2016) hot air balloons are considered be the oldest successful aeronautic design, invited by the two French paper manufactures Joseph Michel and Jacques Etienne. The transportation tool itself consists two main parts including, a basket made up of Kooboo and palambang cane, and the envelope comprises of materials, such as silk and polyesters. In order for it to work, Hot air balloons only had to create a buoyancy, the upward force an object feels from the surrounding air (Buzzle, 2017). In this case, the particles in the air collided with one another and, push tiny force of energy for the hot air balloon†¦show more content†¦Turbofans allow the machine to go up to 35000 feet above the ground. This function is fuel efficient whereas, a turbofan generates thrust force through the fuel used by the core. It generates a power up to 550 mph with a greater acceleration in the air (Popular machines, 2016). The energy in this system is transformed from burning of fuel creating pressure that causes rocket nozzles meaning the thrust force. The machine stores another feature that makes it a faster transportation machine in Morden day, Ramjets. This system is only able to operate when the machine is already running at speed above 350 mph, making it a hybrid system (Popular machines, 2016). This system is similar to Turbofans while the trust force is generated through the same process and, energy transformation. Features similar to Ramjets are normally stored in the military machines, however Gulfstream G500 has this feature allowing, it to travel at supersonic speed. The Gulfstream G500 has various different safety features incorporated into it. One of the most important safety feature is seat belts. This feature helps to reduce the affect of newtons first law of motion whereas, laws stats if the object is at it will stay at rest until there is force act on it and, a moving object will continue moving in the same direction and at the same speed unless acted on by outsideShow MoreRelatedAirplanes As The Fastest Method Of Transportation1796 Words   |  8 Pagesof transportation today. Once thought as an insane idea soon became one of the greatest inventions of all time. Although the dream of human flight has been around forever, successful flight has only been around for roughly two centuries. The airplane affected the world in a huge way; in the eyes of a citizen it made the world look, and feel smaller, but to the eyes of a nation, it changed the way the process of trade and business was carried out, from transportation by water to transportati on byRead MoreThe Flight Of The Airline Industry1231 Words   |  5 Pagesconducted in human history, aviators had flown hot-air balloons and blimps in 1800s, but not any heavier-than-air flights (Curry, 2003). On December 17, 1903, the Wright brothers made the first manned propeller aircraft with an internal combustion engine which opened the new era of aviation. During two World Wars, many innovations and equipment had advanced aircrafts and their capabilities, other than the military uses, federal air services (e.g. U.S Post Office air mail), cargo services (e.g. Ford) and passengerRead MoreTurning Point Of History : The Civil War1737 Words   |  7 Pagespassed by President Lincoln is what majorly help abolished slavery. Slavery was not the only aspect out of the way there were also many military innovations that were taking place. The telegraph was invented during the Civil War and was a very important tool during the war for communication with one another from behind the frontline. The telegraph was created by Samuel Morse in 1844 and during the war 15,000 miles of telegraph cables were laid mainly for military purposes. Telegraph cables sprang ontoRead MoreThe Importance Of A Specific Gathering Of Individuals1546 Words   |  7 Pagesand ideologies of one region, but of diverse regions or when in regard to India it is highly influential people; these ideologies and philosophies are further influenced by beliefs that are either formulated from the past, or in a way is used as a tool to have stability within communities and people of various regions. Standards of living could vary hence one could be a limiting factor or at advantage while the others are at a disadvantage. There are several obstacle s that can be encountered, especiallyRead MoreOur Group Formation By Frank H. Bouldin2284 Words   |  10 Pagessheet of paper per model, it would also use a large amount of toner, a resource that isn’t exactly cheap. We decided that the success of their project would be measured by the amount of people who came to watch the show. David would use a counting tool to measure this variable, then we would use this data to decide whether or not people lost interest in the airshows over time, or if it tipped and became a trend to attend the airshow during lunch. Section two (Ran through paper rater.comRead MoreScotts Miracle-Gro: the Spreader Sourcing Decision Essay3493 Words   |  14 Pagesspreaders) and Miracle-Gro (a leader in the lawn and garden care chemical industry). While Miracle-Gro historically outsourced all production to contract manufacturers, Scotts had been manufacturing its spreaders since its 1992 acquisition of Republic Tool Manufacturing Company. Since 2001, Scotts’ manufacturing facilities (which focus on spreader production) have been located in a 412,000 square foot facility in Temecula, California. Under the leadership of Bob Bawcombe, plant director of operationsRead MoreBio 101 Essay24965 Words   |  100 Pagespaper  towel   Lab  8:  Ã‚  Respiration      Time:  1  hour  (plus  2  hours  preparation  time)      Materials:  Water,  watch  or  timer,  paper  towel   Lab  9:  Ã‚  Enzymes      Time:  1  hour  (plus  2  hours  preparation  time)      Materials:  Water,  watch  or  timer,  string,  ice,  hot  water,  paper  towel,  Ã‚      ginger  root,  at  least  2  other  food  sources  (potato,  apple,  etc.)         The  Cell:                                 Lab  10:  Ã‚  Cell  Structure  Ã‚  Function      Time:  1  hour  (plus  24  hours  for  observation)      Materials:  WaterRead MoreTourism PAT GR 12 2015 Eng6234 Words   |  25 PagesQUESTIONS 3, 4, 5, 7 and 10 before they commence with the PAT. It is the responsibility of the teacher to guide and support the learner throughout the task. Copyright reserved Please turn over Tourism 5 NSC †¢ The teacher MUST use the assessment tools, in conjunction with their marking memoranda as well as the national marking guideline provided to standardise marking. The PAT must be assessed, checked and authenticated by the teacher before being presented as the learners evidence of performanceRead MorePurpose of Evaluating Customer Service Policies26269 Words   |  106 Pagesthey all need shelter and food and drink – the basic hospitality services – at ALL points of the tourism cycle, not just at the destination. This is why hospitality can be referred to as one of the principal dimensions in tourism, along with transportation, specialist shops and leisure activities. Unlike tourism, hospitality, however, serves both tourist and non-tourist needs. To enhance your understanding of the relationship between the hospitality and tourism industry, complete Activity 4Read MorePurpose of Evaluating Customer Service Policies26276 Words   |  106 Pages they all need shelter and food and drink – the basic hospitality services – at ALL points of the tourism cycle, not just at the destination. This is why hospitality can be referred to as one of the principal dimensions in tourism, along with transportation, specialist shops and leisure activities. Unlike tourism, hospitality, however, serves both tourist and non-tourist needs. To enhance your understanding of the relationship between the hospitality and tourism industry, complete Activity 4. 4

Saturday, December 14, 2019

The Environment And Effect On Human Health Environmental Sciences Essay Free Essays

Polychlorinated Biphenyls are a group of manmade chemicals. They make up a group of two hundred and nine person chlorinated biphenyl rings, known as congeners. In the concentrated signifier, PCBs are oily liquids, oily solids, and clear to yellow in colour. We will write a custom essay sample on The Environment And Effect On Human Health Environmental Sciences Essay or any similar topic only for you Order Now ( EPA, 2012 ) . They have no odor or gustatory sensation. ( EPA, 2012 ) . They are really stable mixtures that are immune to extreme temperature and force per unit area. They have a low grade of responsiveness. PCBs are non flammable, have high electrical opposition, and are good dielectrics. ( Barbalace, 2002 ) PCBs were seen as an industrial discovery, because of its chemical belongingss. Before their prohibition in 1979, Polychlorinated biphenyls entered the environment during their industry and us in the United States. The organic chemicals were foremost manufactured by Monsanto in 1929. Prior to their prohibition, PCBs were used in 100s of industrial and commercial applications, as electrical dielectrics. Uses for PCBS included transformers, electrical equipment, hydraulic fluids, oil based pigment, carbonless C paper, compressors, heat transportation systems, pigments, adhesives, liquid cooled electric motors, fluorescent bulbs, overseas telegram insularity, plastic, and the list goes on. ( EPA, 2012 ) . Domestic utilizations included cereal boxes and bread negligees. Because of its function in prevent fires and an detonation, the chemical was required by fire codification. PCBs were seen as the ideal dielectric for companies and consumers. The qualities that make PCBs wanted by consumers and companies are besides the 1s that make it risky to the environment and human wellness. PCBs ‘ high thermal and chemical opposition means they do non interrupt down easy when exposed to heat or chemical interventions doing it to be difficult to acquire out of the environment. Since they do non interrupt down they remain in the environment and go on to construct up. Today, the chemicals can still be released in the environment through spills, leaks, and improper disposal and storage. More than half of the PCBs produced during 1929-1979 have been released into the environment. ( Barbalace, 2012 ) . Although PCBs are no longer commercially manufactured or widely used, there are still ways people can be exposed to concentrated Polychlorinated Biphenyls. The most common exposures include through nutrient, surface dirts, imbibing and land H2O, indoor air, and in the workplace. PCBs are an organic pollutant. Companies that used the substance contaminated the environment through its utilizations and disposals. In 1935, the Monsanto Company purchased the Theodore Swann chemical company and began fabricating PCBs in the United States. Monsanto continued to bring forth PCBs at its Anniston works until 1971. ( Lyons, 2004 ) . During its 40 old ages of fabricating PCBs as an electrical dielectric, the Monsanto Company flushed 10s of 1000s of lbs of PCBs into nearby brook and buried 1000000s more lbs in a hillside landfill. ( Lyons, 2004 ) . The Monsanto Company was sued by 1000s of current and former occupants of Anniston, who claim the company was cognizant of the dangers posed by PCBs and actively schemed to conceal this information from the nearby populace. ( Firestone, 2002 ) . In 1966, Monsanto directors discovered fish near the waste sites turned belly side up spirting blood and tear uping tegument, within 10 seconds of the PCBs disposal. ( Firestone, 2002 ) . The company hid their findings. In 1969, fish were found with 7500 times the legal PCB degree. ( Grunwald, 2002 ) . Company records reveal the company ‘s determination that â€Å" there was no ground to travel to expensive extremes in restricting discharge organize the works † . ( Grunwald, 2002 ) . The company was ordered to pay $ 53 million in killing cost and agreed to a planetary colony affecting current and future instances in Alabama. ( Lyons, 2004 ) . There are legion known contaminated sites around the U.S. Among the most unsafe of these, A is the Hudson River Valley. In 1947-1977, General Electric ( GE ) began dumping PCB in the river. By the prohibition in 1979, an estimated 1.3 million lbs of the man-made chemical had entered the Hudson river. The Hudson River was contaminated with PCB pollution. Twenty old ages subsequently, functionaries still have to cover with the environmental consequence of PCBs in the bedrocks of the Hudson River. ( Mele, 1998 ) . PCBs are now found throughout the Hudson River ecosystem, in in deposit, H2O, and wildlife. ( Mele, 1998 ) . The spread of PCBs throughout the Hudson River and the nutrient concatenation has created one of the most widespread, risky waste jobs in the nation.A The EPA ordered the General Electric Company to pay 460 million dollars to dredge the PCBs it had dumped into the Hudson River. ( Grunwald, 2002 ) . The Environmental Protection Agency Prevention regulates PCBs through the Toxic Substances Control Act ( TSCA ) . The Act bans the usage, distribution, industry, and processing of PCBs. TSCA gives EPA the authorization to develop and implement ordinances refering the industry, usage, killing, and proper disposal of PCBs. ( EPA, 2012 ) . Through the environment, worlds came into contact with the chemical. Polychlorinated Biphenyls are linked to legion wellness jeopardy. It has an acute toxic affect. Skin annoyances can happen in people exposed to high degrees of PCBs. Studies in the workplace suggest that exposure to PCBs may besides do annoyance of the nose and lungs. PCBs are a likely human carcinogen. EPAA?s ordinances on cancer-causing chemicals use the term `probableA? when a chemical is known to do malignant neoplastic disease in animate beings and where there is grounds that suggests that it causes malignant neoplastic disease in worlds but which is non conclusive. Surveies of PCBs in worlds have found increased rates of malignant neoplastic disease patients that may be connected to the man-made chemical. PCBs are known to do a assortment of types of malignant neoplastic disease in rats, mice, and other survey animate beings. ( EPA, 2012 ) Polychlorinated Biphenyls are linked to developmental effects. Proper development of the nervous system is critical for early acquisition and can hold potentially important deductions for the wellness of persons throughout their life-times. ( EPA, 2012 ) . Womans exposed to PCBs before or during gestation can give birth to kids with important neurological and motor control jobs. These jobs include lowered IQ and hapless short-run memory. ( EPA, 2012 ) . PCBs disrupt endocrine map. PCBs with merely a few Cl atoms can mime the bodyA?s natural endocrines. PCBs are besides thought to play a function in decreased sperm figure, reformed sex variety meats, pubescence, and altered sex ratios of kids. PCBs with more Cl atoms act like dioxins in changing the metamorphosis of sex steroids in the organic structure, which change the normal degrees of estrogens and testosterone. PCBs besides upset the balance of thyroid endocrines, which may impact the growing, rational, and behavioural development. ( EPA, 2012 ) . PCBs are found throughout the environment, and it may be impossible to avoid coming into contact with Polychlorinated Biphenyls. Peoples can seek avoiding contact with contaminated dirts and deposits. ( Wisconsin, 2012 ) . Practice good hygiene wonts. Restrict their ingestion of sport-caught fish. Wash fruits and veggies before eating them. Besides, if any member of the family works with old electrical equipment be certain the equipment is decently maintained and the country is good ventilated. ( Wisconsin, 2012 ) . Polychlorinated Biphenyls are a chemical that will non travel off. The Environmental Protection Agency is seeking their best to free the environment of its effects. The features of the man-made drug cause it to be transported easy and difficult to interrupt down. The drug has caused damaged to the environment, and the people around the environment. Polychlorinated Biphenyls will hold a lifetime consequence on the environment and people. Beginnings Barbalace, Roberta C. â€Å" The Chemistry of Polychlorinated Biphenyls. â€Å" A : PCB, The Manmade Chemicals That Wo n’t Travel Away ( EnvironmentalChemistry.com ) . N.p. , n.d. Web. 27 Aug. 2012. lt ; hypertext transfer protocol: //environmentalchemistry.com/yogi/chemistry/pcb.html gt ; . Environmental Protection Agency. â€Å" Polychlorinated Biphenyls. â€Å" A EPA. Environmental Protection Agency, n.d. Web. 7 Sept. 2012. lt ; hypertext transfer protocol: //www.epa.gov/epawaste/hazard/tsd/pcbs/index.htm gt ; . Firestone, David. â€Å" Alabama Jury Says Monsanto Polluted Town. â€Å" A The New York Times. N.p. , 23 Feb. 2002. Web. 7 Sept. 2012. lt ; Alabama Jury Says Monsanto Polluted Town gt ; . Grunwald, Michael. â€Å" Monsanto Held Liable For PCB Dumping. â€Å" A The Washington Post. Raw Food Info, 23 Feb. 2002. Web. 7 Sept. 2012. lt ; Monsanto Held Liable For PCB Dumping gt ; . Lyon, Steve. â€Å" PCB Pollution in Anniston, Alabama. † Reading.A Commonweal. Professor Raquel Pinderhughes. San Francisco State Unversity. Urban Studies and Environmental Programs, 2004. Web. 7 Sept. 2012. lt ; hypertext transfer protocol: //www.commonweal.org/programs/brc/ppt-presentations/Anniston_AL_PCB.pdf gt ; . â€Å" Human Health Hazards – PCBs and Your Health. â€Å" A Human Health Hazards – PCBs and Your Health. N.p. , n.d. Web. 7 Sept. 2012. lt ; hypertext transfer protocol: //www.dhs.wisconsin.gov/eh/hlthhaz/fs/pcblink.htm gt ; . The Hudson River PCB Story – A Toxic Heritage. Dir. Andy Mele. W. Alton Jones Foundation, 1998. Short Film.A The Hudson River PCB Story – A Toxic Heritage. Web. 7 Sept. 2012. lt ; hypertext transfer protocol: //www.clearwater.org/pcb.html gt ; . â€Å" What Are The Human Health Effects Of PCBs? â€Å" A What Are The Human Health Effects Of PCBs? A N.p. , n.d. Web. 7 Sept. 2012. lt ; hypertext transfer protocol: //www.clearwater.org/news/pcbhealth.html gt ; . How to cite The Environment And Effect On Human Health Environmental Sciences Essay, Essay examples

Friday, December 6, 2019

Methodology of Economic Model Building

Question: Discuss about the Methodology of Economic Model Building. Answer: Introduction: An economic model is explained as a hypothetical construct that highlights economic policies by a range of logical collaboration as well as the association that it shares with a set of variables. According to reports, the Bureau of Labour Statistics published its individual composition on the future that predicted the next ten years in jobs. However, BLS was not successful to anticipate the surprises of the real world. The economic models are considered to be less capable to make estimates despite the fact that they act as a great tool to stimulate. Economic models are mostly disordered as they share their shortcomings with weather forecasting. Weather is disordered as it is tremendously sensitive to initial circumstances in the prediction calculation (Lotze?Campen et al., 2014). Economic models also suppose that there is a point at which rationality prevents certain efforts. The furthermost flaw that is associated with an economic model is that it is classified as a social science. The predictions that are made by the economic models are fumed by the strengths of the theories that help to get hold of the randomness of appropriate data. As a result, the government should always ignore the predictions made by the economic models. The economic models are mostly based on assumptions and as a result, they are not able to provide a clear and transparent explanation that is related to reality. The incredibility of the models dwells in massive allegation about economic forecast. Economics has been dominated by a scholarly orthodoxy that describes that economic cycles are driven by players in real economy (Boland, 2014). A government uses the economic models to provide an underlying structure of the economy as well as to examine perturbations on the margins through approximate behavioural equations. The relationship between efficient market hypothesis and rational expectations hypothesis acts as the major blemishes in the economic models. The economic actors in the mark et acts rationally but they act as per the mental models that are prearranged by economists. When it comes to assigning blame for the present economic doldrums, the traders are to be blamed due to their complicated mathematical financial risks model. The economic models are overwhelmed by calibration issues and as a result, the models continue to turn out bad predictions. The models are tremendously sensitive to initial circumstance assumptions that are easily influenced by those assumptions. The economic models are often used as a source of projection rather than a measurement to check consistency (Gray, 2015). Price elasticity of demand is used to illustrate the responsiveness of the quantity demanded of a commodity or service to a change in price. Price elasticity is mostly negative however; economists tend to avoid the sign even though this can lead to vagueness. However, the commodities that do not match to the law of demand such as Veblen and Giffen goods have a positive PED (Pacula Lundberg, 2014). The term price elasticity is mostly used to discuss sensitivity of price. It can be illustrated as follows: The receptivity of demand to changes in price for a particular good is measured by the price elasticity of demand. If the PED is less than one, the demand for a commodity is said to be inelastic. However, if PED is more than one the demand for a commodity is said to be elastic. The three diverse commodities that are highlighted include pizza, tobacco and gasoline (Miller Alberini, 2016). If the price of pizza is initially $20.50 however, the quantity demanded for an hour is 9 pizzas. On the other hand, if the price of pizza falls to $19.50 the quantity demanded increases to 11 pizzas for an hour. In other words, if the price of pizza falls by $1, the quantity demanded will increase by 2 pizzas per hour. The price elasticity of demand for pizza is 4. In other words, a small change in price will lead to an enormous change in demand. The elasticity of demand measures the change in demand for a product, alongside the change with economic factor. In order to have elastic demand, the demand for the commodity requires to be greater than 1. On the other hand, in the case of gasoline the price elasticity of demand is comparatively inelastic. In other words, despite the change in price the demand for gasoline will stay stable as gasoline has fewer substitutes (Lin Prince, 2013). The price volatility of gasoline influences the price elasticity of demand for customers. Volatility in prices reduces the demand for gasoline in the instant run. The customers appears to have loss elastic demand in response to changes in the price of gasoline when the volatility of gasoline price is high or medium. The price elasticity of demand for tobacco is less than 1 that is it has inelastic demand. With the increase in the price of tobacco, the demand for tobacco decreases. In other words, a 10 percent rise in the price for tobacco will decrease the demand for tobacco by 4 percent. References Boland, L. A. (2014). The Methodology of Economic Model Building (Routledge Revivals): Methodology After Samuelson. Routledge. Gray, J. (2015). False dawn: The delusions of global capitalism. Granta Books. Lin, C. Y. C., Prince, L. (2013). Gasoline price volatility and the elasticity of demand for gasoline. Energy Economics, 38, 111-117. Lotze?Campen, H., Lampe, M., Kyle, P., Fujimori, S., Havlik, P., Meijl, H., ... Valin, H. (2014). Impacts of increased bioenergy demand on global food markets: an AgMIP economic model intercomparison. Agricultural Economics, 45(1), 103-116. Miller, M., Alberini, A. (2016). Sensitivity of price elasticity of demand to aggregation, unobserved heterogeneity, price trends, and price endogeneity: Evidence from US Data. Energy Policy, 97, 235-249. Pacula, R. L., Lundberg, R. (2014). Why changes in price matter when thinking about marijuana policy: A review of the literature on the elasticity of demand. Public health reviews, 35(2), 1.