In the Enlightenment period, the term “romanticism” was often employed to challenge rationalism and materialism. In this context, modernity and romanticism looked to be diametrically opposed extremes that never agreed. This blog will compare and contrast the two theories held by distinct groups of people.
Game Theory
Game theory had always been a frequently-discussed topic no matter in Economics or in Mathematics. For a long perios of time, it showed its influences in the areas, helping people to make decisions in order to reach optimum results adn profit maximization. This blog will introduce this famous theory along with some examples.
Marginal Cost and Marginal Benefit
Different from the normally defined cost and benefit, marginal cost and marginal benefit are especially used in cases when additional goods or services are considered. This blog will be introducing these two terms and discuss the knowledge associated with this topic.
MIT Open Course-Principles of Microeconomics
This MIT open course is conducted by Professor Jon Gruber, teaching about principles of microeconomics and focused on the introductory parts. This blog will select of some the main theories in the lecture and explain the knowledge behind.
Different Types of Money
There are different forms of money which occur in our life. This blog will investigate the definition, characteristics, functions and different types of money.
Deadweight Loss
In most of the economic systems, market contributes to decide the allocation of limited resources. When inefficient allocation of resources occurs, deadweight loss is present to measure the loss due to the inefficiency. This blog will focus on the introduction to this idea and how it is presented in a demand-supply diagram.
Right Angle Altitude Theorem
Right Angle Altitude Theorem is a theory that can be applied in Geometry. It introduces different relationships inside a right- angle triangle between the height on the hypontenuse and other sides inside the triangle. This blog will introduce this theory and present the methods of proving the theory.
Disputes in Stem Cell Research
Stem cells are the origins to all functional cells for human development. There are three types of stem cells, including embryonic germ cells, embryonic stem cells and adult cells. Among all three cell types, embryonic germ stem cells are the most promising because they can give rise to any cell type and be useful in helping find breakthroughs in the medical field and assist in finding cures for terminal diseases. However, some people claim that stem cell research is problematic and leads to ethical problems. This blog will explore both sides and take the position that stem cell research is not problematic.
Genetics Determination in the Road to Success
The debate concerning whether talent is enough to transform individuals into highly competent atheletes has been at the forefront of discussion. Some people believe that genetics determines how well athletes will do in life. Others holds the idea that perseverance overcomes all kinds of obstacles, difficulties and is more instrumental to one’s success in the field of sport than talent. This blog will explore both sides and ultimately agree that talent is important when it comes to becoming an excellent athlete.
Discussion in Cloning Technologies
As society is developing rapidly, technologies such as cloning has became more and more advanced. Cloning experiments started off with animals and later may be used among the general public. Whereas, the ethical and practical problems behind are a debatable topic being discussed. People holds different opinions toward the agreement of this procedure. This blog will seek the advantages of both sides, and ultimately maintain the position that human cloning ’s benefits outweigh the drawbacks.