Academic Writing in the Digital Age Essay Example | Topics and Well Written Essays - 1000 words

Academic Writing in the Digital Age - Essay Example High school students nowadays write academic essays as well. Universities are also using academic essay writing as a way of selecting the right students for admission and as a way of assessing performance of their students in the final exams especially in the schools of humanities and social sciences. This essay will look into what essays are, what is its importance especially in colleges, skills gained by academic essay writing, multimedia genre that can equip students with the same skills, how the skills will be of benefit to the students after school and how the digital age will address the needs of the digital students. Academic Essay Writing One cannot understand what an academic essay is before understanding what an essay is. An essay can be described as a piece of writing or wittings from an author’s point of view and it can carry some other authors’ thinking with citations from the authors’. An essay can be inclusive of a number of issues from political m anifestos, learned arguments, literary criticism, daily life observations, reflections, to the recollections. There are different forms of essays with academic essays being one. The types are admission essays, film essays and photographic essays. An academic essay is therefore a piece of writing from the writer’s point of view on a particular issue for educational purposes (Ellis & Louise 24). For years, academic writing has been part of college. Students, especially in this digital era, have just been doing it because they had no choice but just to do the essays if they are to graduate. They would do the essays with carelessness or haphazardly just to be done with the painful experience of writing without realizing how important it is to them. Essay writing is not part of the college curriculum to punish or torture students but to equip them with skills that they would use not just in their professions but also in their daily lives (Ellis & Louise 62). Essay writing equips s tudents with a number of skills with the most common one being the ability to write. It is not everyone who can read and write has good writing skills just not everyone who can speak out words is excellent in the language. Essay writing makes one become perfect in this skill of writing because practice makes perfect. One gets to know how arrange their ideas in a systematic and chronological manner (Ellis & Louise 266). Ability to research, use handy information is another skill gained through writing academic essay. When given an assignment to write an essay, more often than not it will include researching for useful information or data. After getting the data from the research, the student will be required to use the information into use in writing the essay. Continuous writing of these essays gradually develops the student’s research skill and the ability to put information to use (Ellis & Louise 260). Few people have the ability to express their point of view whether throu gh speaking or writing clearly. College essay writing comes in handy in helping people with this. This is so because some essays ask the students' point of view about something. As they express their opinions or thoughts about the issue, they develop the skill of expressing one’s thoughts. The skills are developed as expressing through writing first then gradually their ability to express themselves through speaking (Ellis & Louise 32). The other skill that is acquired through writing essay essays is the ability to analyze issues and solve problems. Sometimes essay involve analysis of issues, or giving solutions to problems like say drought, corruption and others. The writing of such essays will require the student to look into such an issue critically and offer way outs. The

Federal Reserve and the Open Market Essay Example | Topics and Well Written Essays - 1000 words - 1

Federal Reserve and the Open Market - Essay Example tions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates; (2) supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers; (3) maintaining the stability of the financial system and containing systemic risk that may arise in financial markets; and (4) providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system (Federal Reserve, 2006). It is important to note that the Fed is not a commercial bank and, therefore, does not operate as such. However, similar to any other bank that has interest as their primary source of income, "the Federal Reserves income is derived primarily from the interest on U.S. government securities that it has acquired through open market operations" (Federal Reserve, 2006). Other sources of income, according to the Feds official website, are the following: interest on foreign currency investments held by the System; fees received for services provided to depository institutions, such as check clearing, funds transfers, and automated clearinghouse operations; and interest on loans to depository institutions. The Federal Reserve System is separated into four main divisions, each with their own set of responsibilities: the Board of Governors, the Federal Open Market Committee, the Federal Reserve Banks, and the Board of Directors. The Board of Governors, which consists of seven members, is mostly responsible for "the formulation of monetary policy" (Federal Reserve, 2006). These seven are also part of the Federal Open Market Committee, which is responsible, on the other hand, for any decision-making regarding "the cost and availability of money and credit in the economy" (Federal Reserve, 2006). The Federal Open Market Committee "is the most important