Saturday, January 25, 2020

APN Professional Business Plan

APN Professional Business Plan Yinusa Moshood Adeyemi Introduction As advanced practice nurses (APN), we have invested a lot of time and money in our education and seeking knowledge around. We have gone through dealing with the state laws and nurse practice acts, also gone through the principle of autonomy / collaborative approach of practice with physician depending on the state of practice. We are at the point where our career is at the turning point. Most people are in the nursing profession because of the passion they have for it, but we need to cater for our daily needs and family. At this stage, we are able to decide if we are going to establish a business or work for someone. Moving forward in the business like direction, there is a necessity for a business plan which will be further discussed in this writing. Who is being referred to in the business proposal is the Advanced Practice Nurse (Nurse practitioner). What they do is to work independently or in collaboration with a physician to fulfill their practice obligations which may include bu t not limited to evaluating patients via physical thorough assessment (either head to toe or focused), they have prescriptive privileges, and are also able to interprete common laboratory orders. They can order labs if they need further clarification with a current lab value, and so forth. In the state of Illinois, it is mandated that collaboration with a physician is a requirement of practice to be fulfilled. This paper will address the steps and documentation procedures that will be fulfilled to establish a mini clinic in the south side of Chicago neighborhood. Why this is being done is to fulfill the requirement of the APN professional business plan requirement and also to have an insight to what it takes to set up a clinic after licensure as an APN with practice privileges. Description of proposed APN business profile Proposed vision statement Our vision is to bring quality and affordable healthcare to Chicagos south side neighborhood. South Chicago clinic is aspiring to bring special healthcare services, health educational programs (primary preventive measures) as well as personal health and wellness programs to the south side Chicago population where there are a lot of populations of low class income families, helping them to meet their basic health needs and to engage in active primary health care practice. South Chicago clinic will be located in the Chicago neighborhood on the Chicago’s Southside; it will enhance the community with specialized care for the low class populations in the city and also the people in need. Proposed services South Chicago clinic is an affordable clinic that will be situated amid south side of Chicago neighborhood that will be especially dedicated to meet the exceptional needs of the low income populace. Proposing to bring services like vaccination, wellness visits, physical visits, health screenings, periodic health assessments and tests, minor injury treatments and so forth. Proposed services will be cheap and affordable. Most preventive medicine approaches helps early detection of diseases and prevent the expensive cost of complications treatment regimen, because prevention is better than cure. Proposed process for obtaining all anticipated registrations According to the information published on the website of Hudquarters.com, an article titled â€Å"How to get a DUNS number and CCR- 10 steps†, they laid out the guidelines and steps required to get these credentials. The steps are as follows:- Step 1 was identified as the planning stage. This is the step that all the paperwork will be gathered. As it is known that proper planning will prevent poor performance. This is the step where the name and address of the clinic, trade style, contact phone number and fax, number of anticipated employees, management team, EIN/TIN information which will correlates with the clinic`s tax paperwork and so forth. After all these planning have been done, step 2 involves contacting the company that issues the DUN number is next (Dun and Bradstreet). They can be reached via phone or online at 866-705-5711 or http://www.fedgov.dmb.com/webform respectively. The other steps involve providing the required information, obtaining a free DUNS number and creating a central contractor registration via http://www.ccr.gov. A 3 to 5 days processing / wait time is needed to complete the registration paperwork. Other registration paperwork such as CLIA, EIN, MPIN, NPI, NAICS, SBA, TPIN and so forth will be contracted to a professional business consulting firm due to the nature of its complexity and being on the safe side to avoid mistakes. Presentation of proposed APN service delivery The proposed / anticipated staffing teams are as follows:- Jimmy Khan OTR/L, member and partner Jimmy khan has been an occupational therapist for 15 years and has a graduate degree in Occupational therapy. Before the agreement to entering into this current partnership, Jimmy have extensive practice experience working as an occupational therapist. He started as an occupational therapy assistant before he made the decision to go back to school to obtain a degree in occupational therapy. In recent years, Jimmy is pursuing his doctoral program at the University of Chicago and currently retains a position as a consultant to a rehab facility in a nearby Chicago suburb. The need of an occupational therapy office space in our clinic cannot be underestimated. They will be in place to help stroke (cerebrovascular accident) victims regain their optimal functioning ability to assimilate with the community. Yinusa Moshood-Adeyemi RN, MSN (executive track) Clinical Coordinator and Clinical Compliance Officer (Co-owner) Adeyemi will be the Clinical Coordinator of south shore clinic and will be responsible for day to day clinical operations and compliance. Operating as an independent provider (Advanced Practice Nurse) with the collaborative agreement with Dr. Taiwo (hospitalist). Adeyemi will be working to make sure that quality and competent care will be readily accessible to the member of the south Chicago community. A care that will also be cost-effective and affordable. Adeyemi has 4 years of managing the operations of a home health business and also over 2 years of experience as a registered nurse. This is coupled with 4 years of military training and leadership experience. Dr. Taiwo will be the collaborative practice physician. Studied in Nigeria and moved to the United States 9 years ago. After passing his USMLE, he has been in in practice for 6 years. Works as a house physicians in couple of hospitals and he is willing to have a collaborative practice agreement due to state practice act. Consultants (Legal Counsel and Attorney) Jumbo consulting group provides clients in diverse industries, improve performance, complying with complex regulations, recover from distress leverage technology and statement growth. They will be taking care of other registration paperwork such as CLIA, EIN, MPIN, NPI, NAICS, SBA, TPIN and so forth due to the nature of its complexity and being on the safe side to avoid mistakes. Staffing South Chicago clinic staffing will be composed of (1) occupational therapist and (3) occupational therapy assistants. Also, there is a physician, a Medical assistant, a receptionist, a license practice nurse, a nurse practitioner and a physician. We will also be opened to giving people volunteer opportunities. Funding for this project will be obtained from bank loans. There are 2 banks that are willing to help fund this prospective business plan, Chase bank and Navy federal credit union. Hoping to get referral for patients having Medicare and Medicaid. In conclusion, the professional business of an APN requires credentialing and organizational business skills. Basic credentialing paperwork will be taking care of and the complex business documentations will be contracted to a consulting firm. Due to the nature and requirement of the Illinois practice act for advanced practice nurse, a collaborative agreement will be signed (contract) with a physician to fulfill licensure and credentialing requirement. The clinic will be located in the south side of Chicago neighborhood known to have high numbers of low class income. Affordable, competent, and quality healthcare are all included in the primary motives of the clinic and its location. The source of funding for the clinic is by loans from two different banks. Repayment of loans is set up to be completed in about 7 years if everything work out as planned. References How to Get a DUNS Number and CCR – 10 Steps. (2011, February 2).. Retrieved June 13, 2014, from http://hudquarters.com/2011/02/how-to-get-a-duns-number-and-ccr-10-steps/

Friday, January 17, 2020

Freud and Jung: Early Psychoanalytic Theories Essay

Sigmund Freud and Carl Jung were two influential theorists in psychology (Nystul, M. , 2005). Freud was considered the father of psychology and believed that human behavior was the result of unconscious conflict deep in the mind of individuals (Nystul, M. , 2005). Jung’s theory developed directly out of Freud’s psychoanalytic approach; however he refuted several of Freud’s key points and placed an even greater emphasis on the unconscious. Freud and Jung were the key figures of the psychoanalytic approach to psychology; however their theories differed on several key points (Nystul, M. , 2005). Freud’s psychoanalytic theory was the seed for many subsequent theorists’ work. His main assertion was that human behavior and personality derived from the unconscious conflict that arose in individuals’ unconscious (Fayek, 2005). He postulated that the unconscious was a combination of the id, which was the primal drive for all human needs (e. g. , sex, hunger), the superego, which could be likened to the internalization of societal values and standards (e. g. , the conscience), and the moderating ego that was the rational part of thought that controlled the impulses of the id and superego. Anxiety arose when individuals were confronted with fears of danger within reality (Shill, 2004). Neurotic anxiety occurred when individuals were confronted with dangers that arose in childhood, and can be connected to his five stages of psychosexual development, where personality developed. The five stages of psychosexual development were connected to erogenous zones that children were fixated on until their needs were met and were able to move on developmentally. The five stages include oral, anal, phallic, and genital stages of development. The id relied on the stimulation of these zones until the child would move into the next developmental stage. If an individual were unable to move into the next stage, then they would fixate into that particular stage, and this could mediate personality development (Garcia, 1995). For instance, adults that had not moved on through the anal stage of psychosexual development are representative of type-A personalities such that they are characterized as uptight, as children are as they are focused upon controlling potty training and bowel movements between ages one and three. Furthermore, Freud’s theory was focused on sexual issues and conflict. For instance, he developed the Electra complex and Oedipus complex such that girls became jealous of their mothers as they competed for their father’s sexual attention. Similarly, boys became jealous of their fathers through penis envy as they sought the sexual attention of their mothers and secretly wanted to kill their fathers (Garcia, 1995). Freud used assessment methods to probe the unconscious of his patients. He believed that the unconscious used several techniques to keep conflicts in the unconscious and used methods to tap into his patients’ unconscious through psychoanalytic therapy. For instance, he developed free association where patients said whatever came to their minds, similar to a verbal daydream (Macmillian, 2001). This helped patients to recall events that had been suppressed and so they could achieve catharsis in order to relieve their disturbing symptoms. Freud also used hypnosis in his early therapy sessions. Moreover, Freud conducted dream analysis where he would interpret dreams in order to tap into the unconscious on an individual dream by dream basis (Schept, 2007). The unconscious was also a main point of interest in Jung’s psychoanalytic approach to psychology. However, Jung disagreed with Freud on three main points (Bergmann, 2008). First, Jung refuted the main importance of sexual anxiety in his theory. Instead, Jung stressed that sexual stress was more of a generalized aspect that impacted a psychic energy of a person but included other aspects. Second, Jung believed that individuals were impacted by past and future events, while Freud postulated that individuals were impacted solely by events in an individual’s life. Finally, Jung placed a greater importance on the unconscious and developed the idea of the collective unconscious that was retrospective and prospective. Jung developed the idea of the collective unconscious and expanded the idea of the unconscious itself (Leader, 2009). He believed that there was an aspect of the unconscious that included all of the past experiences of humankind. He believed that this information was passed down generation by generation as an accumulation of human and prehuman experiences that helps the species to develop as a whole. He also believed that all individuals have a personal unconscious that contains information that was once known but has been suppressed because it was too painful to remember. Within the collective unconscious, there were a series of archetypes or sets of universal experiences within the collective unconscious. For example, there was the persona archetype that is a mask that an individual present to others during interactions in order to hide the true self from others. The darkest archetype was the shadow archetype that included the evils that human beings are responsible for. Other archetypes include the anima, animus, and self archetypes. Jung also believed that personality was the response of psychological types that were based on the attitudes and functions of individuals (Dolliver, 1994). These types included the extraverted (viz. , thinking, feeling, sensing, intuiting) and introverted (viz. , thinking, feeling, sensing, intuiting). Depending upon type, individuals behaved and interacted differently with others and the environment. These eight psychological types may be likened to an early version of trait theory and other later personality theories. Moreover, Jung believed that personality developed throughout the lifetime, and individuals’ personalities did not appear as a result from unresolved conflict in childhood as Freud believed. Instead, individuals were continuously moving toward self-realization and individuation, which makes Jung’s psychoanalytic approach more uplifting in comparison to Freud’s more pessimistic view of human development (Leader, 2009). Jung’s assessment practices were similar but differed from Freud’s methods. First, Jung used a word-association test such that patients would respond to a word that the therapist said with the first word that came to their mind (Jung, 1907). This helped to tap into complexes of his patients. He also used symptom analysis to interpret the free associations that patients made. Similar to Freud, Jung used a dream analysis technique but he worked with a series to dreams instead of singular dreams as Freud did to develop a thematic interpretation based upon free response (Schept, 2007). While both Freud and Jung’s theories led to the development of psychology as a scientific field, neither of these theories was based directly upon systematic experimentation. Instead, these psychoanalytic theories were based upon case studies of individual clients (Thompson, 2002). Patient interviews were not recorded verbatim, and were based upon a small number of patients. While the reliability of theory development was not optimal for generalization to society as a whole, these early ideas and theories helped modern scientists develop research questions that have been tested through empirical research methods, and have led to the development of more modern theories of behavior and personality. Without the early contributions of Freud and Jung, the face of psychology may look very different today. References Bergmann, M. S. (2008). Freud/Jung: Enlightenment, romanticism, and the irrational. Issues in pyhoanalytic Psychology, 30 (1), 43-58. Dolliver, R. H. (1994). Classifying the personality theories and personalities of Adler, Freud, and Jung with introversion/extraversion. Individual Psychology: Journal of Alderian Theory, Research & Practice, 50 (2), 192-202. Fayek, A. (2005). The centrality of the system Ucs in the theory of psychanalysis: the nonrepressed unconscious. Psychanalytic Psychology, 22 (4), 524-543. Garcia, J. L. (1995). Freud’s psychosexual stage conception: A developmental metaphor for counselors. Journal of Counseling & Development, 73 (5), 498-502. Jung, C. (1907). On psychophysical relations of the associative experiment. The Journal of Abnormal Psychology, 1 (6), 247-255. Leader, C. (2009). The odyssey: A Jungian perspective: Individuation and meeting with aechetypes of the collective unconscious. British Journal of Psychotherapy, 25 (4), 506-519. Macmillian, M. (2001). The reliability and validity of Freud’s methods of free association and interpretation. Psychological Inquiry, 12 (3), 167-175. Nystul, M. S. (2005) Introduction to Counseling: an Art and Science Perspective (3rd edition) New York: Pearson Schept, S. (2007). Jacob’s dream of a ladder: Freudian and Jungian perspectives. Psychological Perspectives, 50 (1), 113-121. Shill, M. A. (2004). Signal anxiety, defense, and the pleasure porinciple. Psychoanalytic Psychology, 21 (1), 116-133. Thompson, P. (2002). The ecological imagination. European Journal of Psychotherapy, 5 (1), 71-85.

Thursday, January 9, 2020

Case Study Comparisons - 1314 Words

University of Phoenix Material Case Study Comparisons Part 1 Complete the chart below that differentiates the following insurance types. |Plan Type |Characteristics of Plan (5 to 7 characteristics) |Target Audience for Plan | |Indemnity Plan |No referrals needed, can see any doctor or specialist, No primary |Someone that wants the freedom to choose which doctor they want| | |doctor needed, fee-for-service plan, Sometimes does not cover |to see, does not want to have to get referrals | |†¦show more content†¦| | |physical, occupational, and speech therapy that is provided on a | | | |part-time basis and deemed medically necessary. Care in a skilled | | | |nursing facility as well as certain medical equipment for the aged| | | |and disabled such as walkers and wheelchairs generally available | | | |without having to pay a monthly premium since payroll taxes are | | | |used to cover these costs. | | Part 2 Review the insurance plans and answer the following questions. |Services |BronzeShow MoreRelatedDelta Rice Mill Essay example746 Words   |  3 Pagesï » ¿ Delta rice mill case study [Pick the date] identify problems in operations Delta rice mill case study identify problems in operations Looking at the operational system at Delta Rice Mill Operations, there are obviously some problems existing there. Firstly, they are having problem in their equipment of production. As it is mentioned in the case study, the Delta Factory was acquired in 1976, it is a long period of time and slowing down in capacity is an unavoidable thing.Read MoreAfrican American Women in Upper Management Essay1204 Words   |  5 Pagesoutlines a research project that focuses on the phenomena of the nominal amount of African American women are in positions of management or organizational leadership within the City of Philadelphia. Proposed Problem The issue necessitating this empirical study I the low representation of African American women in Philadelphia in positions of power and leadership. Within the private and public sector of organizations within city agencies and businesses, there is still little representation of women-ownedRead MoreEvaluating Different Issues Concerning a Beach Bag Essay614 Words   |  3 PagesEvaluating Different Issues Concerning a Beach Bag The purpose of this case study is to evaluate different issues concerning a beach bag. Mary Ricci, an entrepreneur, has hired a consulting company to study this new product concept she is willing to introduce to the market. I have chosen to look at the strengths and than the weaknesses. At the end of this case study analysis, I will give some recommendations to help the company do better. The Strengths The firstRead MoreClinical Case Study and the WHO Disablement Model Essay641 Words   |  3 Pages Specifically, case studies are used within the systems as a useful problem-solving tool that enables clinical reasoning and subsequently guide treatment. FOCUSED CLINICAL QUESTION: The current VH Case Study format being used integrates the â€Å"WHO Disablement Model† also known as the International Classification of Impairments, Disabilities, and Handicaps (ICIDH) model, published in 1980. With that said, does the existing â€Å"WHO Disablement Model† used as part of the VH Case Study format representRead MoreCase Method on Le Chateau946 Words   |  4 Pages A) DEFINITION A case method is a documented study of a situation that transpires in real life or it can be about a fictional situation, which is used as teaching or learning tool in business schools and firms. These studies allow students evaluate cases and provide their own interpretations on potential solutions for the provided business scenario. Furthermore, the case method can also be described as something that gives you a detailed explanation of a company, industry, person, or projectRead MoreThe Effects of Children Poverty in the UK Essay963 Words   |  4 PagesMy Case Study: The effects of Children Poverty in the U.K Introduction â€Å"When I was young, poverty was so common that we didn’t know it had a name† a quote by Lyndon B. Johnson.(Brainy Quotes) We all have witnessed or experienced poverty in our lives whether we identify or not are not the points of my study. I want people to see the numbers do not lie and we have to help with this huge increase of poverty. Poverty affects families, groups and individuals especially the children where theRead MoreCase Analysis : Shawn Buckley And Rudy Poe ( Partner ) Open Justfoodfordogs ( Jffd )1155 Words   |  5 PagesCase Study Analysis Introduction Shawn Buckley (founder) and Rudy Poe (partner) open JustFoodForDogs (JFFD) in January 2011 in the context of Newport Beach, California to facilitate production and selling of the human quality healthy food for the dogs. In 2013, the two partners sought to expand the operations of their business through opening a second location in West Hollywood, California. In the midst of the limited knowledge of the local market in the new location, the two business partners questionedRead MoreApproach to Case Study1500 Words   |  6 PagesA case study is a description of an actual administrative situation involving a decision to be made or a problem to be solved. It can be a real situation that actually happened just as described, or portions have been disguised for reasons of privacy. Most case studies are written in such a way that the reader takes the place of the manager whose responsibility is to make decisions to help solve the problem. In almost all case studies, a decision must be made, although that decision might be toRead MoreRequest For Conversion Of An Advance Contract1683 Words   |  7 PagesUniversity of Aarhus, Denmark Causal Case Study Methods: Foundations and Guidelines for Comparing, Matching, and Tracing In their first book with the University of Michigan Press, Process-Tracing Methods: Foundations and Guidelines (2013), Derek Beach and Rasmus Brun Pedersen not only developed the underlying logic of process tracing but also provided a practical guide for employing this method in social science research. Now they do the same for additional causal case study methods, including small-n comparativeRead MoreAnalysis Of 16 Us Software Development Organizations1187 Words   |  5 PagesSummary: The paper is a case study analysis of 16 US software development organizations that adopt agile methodologies. The authors aims to provide a more comprehensive understanding of this approach based on the detailed analysis of its practices and how it impact different risk area in the realm of Requirement Engineering (RE). The use of traditional Requirement Engineering recommendations and guidelines in agile development is most of the time problematic and infeasible. These challenges have

Wednesday, January 1, 2020

Basic Macroeconomic Relationships - 7281 Words

CHAPTER 27 Basic Macroeconomic Relationships A. Short-Answer, Essays, and Problems 1. What are the relationships among consumption, saving, and disposable income? 2. Define the consumption schedule. 3. Describe the saving schedule. 4. Explain how consumption and saving are related to disposable income in the aggregate expenditures model. 5. Fill in the table below. Describe your result. Disposable Income Consumption Saving $200 $210 $_____ $_____ $220 $0 $_____ $230 $10 $260 $_____ $20 $280 $_____ $30 $300 $260 $_____ 6. Complete the following table assuming that (a) MPS = 1/5, (b) there is no government and all saving is personal saving. Level of output and income Consumption†¦show more content†¦What would be the likely effect on household consumption and saving? 19. Other things being constant, what will be the effect of each of the following on disposable income (or GDP)? (a) An increase in the amount of liquid assets consumers are holding (b) A sharp rise in stock prices (c) A rapid upsurge in the rate of technological advance (d) A sharp increase in the interest rate 20. Other things being constant, what will be the effect of each of the following on consumption and saving schedules? (a) Credit card companies increase the interest-free periods on their cards to compete for customers. (b) Concern grows over rising prices. (c) A weakening of the housing market lowers home values. (d) Real interest rates fall. (e) Congress officially approves the President’s plan for tax cuts. 21. Explain the difference between a movement along the consumption schedule and a shift in the consumption schedule. 22. Use the graphs below to answer the following questions: (a) What types of schedules do graphs A and B represent? (b) If in graph A line A2 shifts to A3 because households consume more and this change is not due to changing taxes, then in graph B, what would happen to line B2? (c) If in graph B, line B2 shifts to B1 because households save less, then in graph A, what will happen to line A2? (d) In graph A, what has caused the movement from point A to point B on line A2? (e) If there is a lump-sum taxShow MoreRelatedKuwait Oil Economy1475 Words   |  6 Pagesa satisfying consumer Next in the curve Figure 5 defines the relationship between oil production and per capita income The more oil production and increased per capita income also increased with welfare. Income from oil production=Y Oil production= P Note rising income equality and higher production at points A and B, which confirms the positive correlation relationship and the importance of oil production and the close relationship in per capita income. Options affect consumption in the individualRead MoreEconomics As An Area Of Study And Research1372 Words   |  6 Pageseconomies work (Marshall 2004). Understanding of economics calls for the division of the subject into two main branches. The areas are microeconomics and macroeconomics. Microeconomics is the basic form of economics in the society. It examines the roles of households, individual consumers, and markets in a given region. On the other hand, macroeconomics examines the factors that affect the larger components of the economy. It focuses on issues such as national investment, consumption, production, andRead MoreMicroeconomics Versus Macroeconomics Bus6101627 Words   |  7 PagesMicroeconomics versus Macroeconomics Economics for the Global Manager BUS610-1101C-02 Abstract I want to thank everyone for joining me today to review the effects of microeconomics and macroeconomics in conjunction with the healthcare industry. We will start with a brief introduction of what we will review, and then briefly hit on the subject matter in a bit more detail. â€Å"The world’s largest and most diverse economy currently faces the most severe economic challenges in a generation orRead MoreMacroeconomics And Macroeconomics Of Macroeconomics1445 Words   |  6 PagesMacroeconomics (from the Greek prefix makro- meaning large and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets. This includes national, regional, and global economies.[1][2] With microeconomics, macroeconomics is one of the two most general fields ineconomics. Macroeconomists study aggregated indicators such as GDP, unemployment rates, National income, price indices, and the interrelationsRead MoreMicroeconomics1441 Words   |  6 Pagesservices. For the purpose of microeconomics, the actions of individuals, households and businesses are crucial, unlike the study of macroeconomics, which focuses on national and international economic trends. Despite the differences between the two fields, however, micro-level trends and the study of microeconomics are considered the basis of modern macroeconomics. Macroeconomics is concerned with the big picture, for example, the national economy and gross domestic product. By contrast, microeconomicsRead MoreIntroduction And Literature Review : The Decline Of Economic Conditions881 Words   |  4 Pagesin U.S. economy. How do macroeconomic factors influence consumer confidence in different groups of people? I used data from Survey of Consumer Attitude and Behavior by University of Michigan, Survey Resea rch Center and examine the relationship between the Index of Consumer Expectation and four categories of parameters: demographic variables, macroeconomic factors, news heard and their interactions to observe the interacting effect of demographic factors and macroeconomic factors. In Part 1, I introducedRead MoreThe Volatility of Crude Oil Prices895 Words   |  4 Pagestimes overshoot in relation to underlying basics. Nevertheless, Jimà ©nez-Rodrà ­guez and Sà ¡nchez (2012) argues that underlying economic bases in themselves result in complex price dynamics. Bernanke, Gertler and Watson (2004) point to a projection by Energy information Administration’s (EIA) that by 2035, the volatility of oil price will continue with the highest price going up to 235USD per barrel. The relationship between the price of oil and the macroeconomic variables has been identified for all recessionsRead Morebusiness economics Essay831 Words   |  4 PagesTable of Contents 1. INTRODUCTION 2. MAIN BODY 2.1 THE NATURE OF RESOURCE COST STRUCTURE AND THE PRACTICAL SIGNIFICANCE OF DIFFERENT COSTS 2.2 THE FACTORS INFLUENCING OPTIMUM SIZE AND THE SIGNIFICANCE OF DEMAND AND SUPPLY RELATIONSHIPS 2.3 UNDERSTANDING OF THE RELEVANCE AND LIMITATIONS OF ECONOMIC THEORY TO MANAGE DECISIONS 3. CONCLUSION â€Æ' 1. INTRODUCTION: From the economic perspective, there are a full range of wants from individuals, firms and government but there is only aRead MoreEssay on Keynesian Revolution1244 Words   |  5 Pagesindividual enterprise. A key element of the ‘Keynesian revolution’ was its demonstration that these basic assumptions are false, both in theory and practice, and its assertion that, therefore, the most appropriate government macro-economic policy is to view the whole economy as if it were a single huge business enterprise which needs to be managed as one. In any individual business enterprise, a basic tool of management is the accounting system, which enables management to analyze its operationRead MoreNotes On Macroeconomic Policy And Monetary Policy974 Words   |  4 PagesReorienting macroeconomic policy Feb 12th 2010, 16:33 by S.D. | WASHINGTON This article is written from a positive standpoint it also discusses Blanchard and Co.s list of the oversights and mistakes of Great Moderation macroeconomics and macro policy. Which include some items I will discuss such as: fiscal policy, monetary policy, monetary policy focused exclusively on inflation and used only one target the policy rate, and financial regulation was in its own silo, outside the macro policy framework