Critical Thinking Part 3 Assignment Example | Topics and Well Written Essays - 750 words

Critical Thinking Part 3 - Assignment Example The questionnaire used in the interview was developed specifically for the study. The authors developed the interview guide from key themes found in a review of the literature on second cancer risk. The authors presented evidence of the reliability of the instrument used: â€Å"A person-centered, open-ended interviewing approach helped elicit detailed responses and focused participants’ responses onto areas previously not anticipated† (489). The interviewers were trained since they are educated in the area and also studied related research before conducting their research. The questions were appropriate for the research question. One sample question was: â€Å"compared with other people your age, how would you describe your risk of developing cancer this year?† (489). There is evidence of credibility and fittingness in the authors’ design. Great care and detail was put into the interview and analyzing of the data. An interpretative, qualitative design was used to collect the data and the constant comparative method was used to analyze the findings (483). Data coding was also used to compare emerging codes and cluster the data into new codes. The statistical analysis fitted the research question. Two important themes emerged from the data: thinking about second risk and living with risk, a family affair. The findings were not statistically important since the data was qualitative. The authors used tables and figures effectively and in a way that was easy to interpret. One table showed a sample of the questionnaire used when interviewing the test subjects. It is possible there is researcher bias in the report of the findings since the ethnic sample was all one race. Findings may have been specifically inherent in the ethnic sample interviewed, the researchers made generalizations about all cancer survivors when only one ethnicity was studied. The findings of the study will be relevant and will increase understanding of cancer survivors’ mindsets, but will

Review on the Principles of Economics Research Paper

Review on the Principles of Economics - Research Paper Example Three discuss how the economy works as a whole; trade, interaction of households and firms in market economies, government intervention in the economy. The last three discuss how people interact; nation’s standard of living depends on its capacity to produce goods and services, prices rise when government increases the money supply and the economy faces a short-run tradeoff between inflation and unemployment. This topic gained my attention as I realized that economics is all around us and plays a vital role in our daily life activities. It not only exists in situations like visiting the bank to deposit money or taking out cash from an ATM machine but also conditions like buying a small gift from our savings or watching the soccer match and not doing homework. My favorite topic was the concept of Opportunity Cost which is basically with reference to what is seen in opposition to what is unseen. This concept has a lot of depth attached to it. We are all aware of the direct costs of life. We experience them whenever we take out our wallet to pay for something like when we dine out and pay the bill, buy a drink, pay for the bus ticket, pay for our tuition etc. However, we tend to ignore the unseen or the hidden costs that we have to pay for and the choices that we make regarding them. For example if a person buys a car for $10,000 there are many other things he could’ve done with that much amount of money. He could’ve invested it, or spent on travelling etc. But its on him to make the decision and choice as to what he has to give up in order to achieve something. So basically opportunity cost is spending our capital, time and energy on one thing in substitute of another thing. In order to decide this, our decision making skills and preferences come into account. I have learnt that every choice or decision that I make always has an opportunity cost attached to it and it is not necessary that the cost is easily seen. The cost can be unseen as wel l. Like I had saved $100 and could not decide as to where should I spend them. It could be spent either on partying with my friends, or shopping for me or buying books to read. I can even save them up instead of using them all. Furthermore this concept taught me how to measure the benefits of every activity that I decide to do. Like when I have a couple of hours relaxing time I have to make choices as to what should I do? Whether I should read, sleep, watch TV, listen to music or talk with the family. Then I calculate the advantages that I obtain from each activity. This process exercises my brain and helps me decide as to what I should carry out. I learned that the option which brings the most overall benefits to my life is the finest choice and the accurate thing to do. Most importantly, by studying this concept I have learned to value time and I have realized its significance. In every situation I find myself calculating and thinking as to what can be the best thing I should be d oing right now? Am I spending time in the right place? By developing this mindset I have learned to take improved decisions that facilitate me in making my life and lifestyle healthy. I intend to study and become acquainted with the economic concepts that work at macro level. I want to improve my knowledge and understanding about the global affairs and how economic activities dominate and regulate all the