Free

How the song I Need a dollar by Aloe Blacc relate to Macro economics - Essay Example

Comments (0) Cite this document
Summary
It is talks about a man who lost his job due to the economic recession. In this case, the man goes through desperation moment where he even lacks basic needs such as food and clothing. The song identifies is…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.9% of users find it useful
How the song I Need a dollar by Aloe Blacc relate to Macro economics
Read TextPreview

Extract of sample "How the song I Need a dollar by Aloe Blacc relate to Macro economics"

How the song “I Need a dollar” by Aloe Blacc relate to Macro economics The song describes the adverse effects of unemployment in America. It is talks about a man who lost his job due to the economic recession. In this case, the man goes through desperation moment where he even lacks basic needs such as food and clothing. The song identifies is closes related to micro economics as it touches on various ways that unemployment hurts the economy.
Some of the effects of unemployment feature in the song include increased crime rate, “Bad times are comin and I gather what I dont plant”, high dependency ratio, “help me carry this load”, drunkenness “My wine is good” and desperation “take away my sorrow” among other negative effects.
The American rapper Aloe Blacc wrote this song that borrows heavily from micro economics to demonstrate the ills that a run-away unemployment can cause to people especially the young. Furthermore, the song points out explains some ways through which a person can make it in America. In the line, the rapper talks about borrowing and sharing of a dollar. In this he brings in the issue of loan or credit facility. This can imply that one way of curbing unemployment is through extending loans to individuals so that they can start up their own business.
Work Cited
Savastio, Rebecca. “Artistic microeconomics. 20 May 2013. Web. 18 Feb. 2015.


. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“How the song I Need a dollar by Aloe Blacc relate to Macro economics Essay”, n.d.)
How the song I Need a dollar by Aloe Blacc relate to Macro economics Essay. Retrieved from https://studentshare.org/macro-microeconomics/1685430-how-the-song-i-need-a-dollar-by-aloe-blacc-relate-to-macro-economics
(How the Song I Need a Dollar by Aloe Blacc Relate to Macro Economics Essay)
How the Song I Need a Dollar by Aloe Blacc Relate to Macro Economics Essay. https://studentshare.org/macro-microeconomics/1685430-how-the-song-i-need-a-dollar-by-aloe-blacc-relate-to-macro-economics.
“How the Song I Need a Dollar by Aloe Blacc Relate to Macro Economics Essay”, n.d. https://studentshare.org/macro-microeconomics/1685430-how-the-song-i-need-a-dollar-by-aloe-blacc-relate-to-macro-economics.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF How the song I Need a dollar by Aloe Blacc relate to Macro economics

Macro economics

...? Table of Contents Introduction 2 People’s Republic of China 2 India 5 Trends in each variables 7 Strengths and weaknesses of the economies 9 Conclusion 11 References 12 Economic Profiles of China and India Introduction The macro-economic profile of China and India, two of the emerging countries in the world today, will be discussed in this study. For each country, the following economic indicators : GDP and GDP growth rate, exchange rate, inflation rate, interest rate, unemployment rate, and trade deficits will be presented and compared with each other. The corresponding strength and weaknesses of these economies will be viewed. In the final analysis, a conclusion will...
11 Pages(2750 words)Research Paper

Macro Economics

...?Macro Economics Keynesian economics provided explanation for the problem of the Great Depression. The Great Depression of the year 1930 was the effect of the failure of aggregate demand in the economy according to Keynes. The loss of the confidence of the investors in the economy resulted in the fall of the market prices of stocks along with the subsequent fall in the investment purchases. The consumption expenditure of the society experienced a downfall through the multiplier effect. The firms in supplying goods and services are motivated by spending. The pessimistic attitude of the customers and the investors results in less spending in the economy. The focus shifts from expenditure to...
2 Pages(500 words)Essay

Macro economics

...?Business Cycle Business cycle is essentially the rise and decline of economic activity. There is no specific or clear-cut span of time that determines a business cycle and the same may range for several years. Referred to as individual cycles, each one illustrates ups and downs that “vary substantially in duration and intensity” (McConnell and Brue 134). There are four phases of the business cycle that comprises of peak, recession, trough and recovery. Peak occurs when the business has reached a transitory high. Full employment is nearest capacity in this phase. Next, recession follows the peak which is characterized by decline lasting for six months or more in terms of income, employment, trade and total output....
4 Pages(1000 words)Essay

Macro & Micro economics (Economics)

...?Macro & Micro Economics (Economics) Table of Contents (A) Explain why perfectly competitive markets lead to an allocative efficient allocation of resources in the long run. 3 (B) Explain why free markets will under-produce goods with positive externalities (e.g. vaccinations against infectious diseases). Briefly suggest how government might intervene to correct this under-provision? 5 (C) The Consumer Price Index (CPI) is the official measure of inflation in the United Kingdom. Why might CPI not be an accurate measure of the costs of living for any given individual consumer? 6 (E) If an economy is initially operating at its potential output, explain the short and long-...
5 Pages(1250 words)Essay

Macro Economics

...variable, while the correlation coefficient will show how each of them affect one another thus indicating whether any causal relation exists as such or not. Analysis 1. The Inflation rate The inflation rate here is calculated by means of CPI inflation. The growth rate in the rate of inflation is not essential since the definition of inflation is the rate of change in the price level and as the price level is actually a function of time, so, the rate of inflation could itself be considered as a correction for the fluctuations in the price level. Thus, there is no need to de-trend the rate of inflation. From the line plot below, it is obvious that the rate of inflation had not shown...
8 Pages(2000 words)Essay

Macro Economics

...Discussion of the current event The European stocks have risen up and European Central Bank (ECB) is considering buying corporate bonds to increase the quantity of money in the economy. On Tuesday October 21, 2014, the European stocks recorded their second-largest daily gain of the year. This is because the investors cheered the likelihood of new stimulus measures from the ECB. The rise in European stocks has paved the way for stocks to regain the losses suffered last week amid concerns about growth of the global economy. The benchmark Stoxx Europe 600 went up 2.1 percent to around 323.74, which is the highest since 10th October 2014. The ECB is thinking of buying corporate bonds as an option if it believes that more measures are...
2 Pages(500 words)Assignment

Macro economics

...Macro Economics Table of Contents Table of Contents 2 Question 3 Introduction 3 Below Target Inflation 4 Consequences of Low rate of Inflation 5 Concerns for Deflation or Disinflation 6 Macroeconomic Tools & Side Effects 8 Conclusion 10 Question 2 11 Introduction 11 Four Key Macroeconomic Variables 11 Real GDP 12 Unemployment 12 Inflation Rate 13 Interest Rates 13 Influence of the Macroeconomic Variables 14 Objectives of the UK Government 16 Conclusion 17 References 19 Question 1 Introduction Inflation and deflation are the most important parts of an economy that help in determining the fiscal and monetary policies predominant within an organisation. Inflation and deflation are the determining terms of...
14 Pages(3500 words)Assignment

Macro economics

...leaves Europe, we will become a renegade without economic power”. The Guardian. The Guardian., 2012. Web. 10 March 2015. “Migration and migrant population statistics”. European Commission Eurostat. European Commission Eurostat., 2015. Web. 10 March 2015. “Pros and Cons: Great Britain in the EU”. Thenewfederalist.eu. Thenewfederalist.eu., 2012. Web. 10 March 2015. “Public vote on EU membership would resolve uncertainty for business, say Conservatives”. Tovey, A. The Telegraph., 2014. Web. 10 March 2015. “The Meaning of a British Exit from the European Union”. E-International Relations. E-International Relations., 2014. Web. 10 March 2015. “The UK and the EU”. The Economist. The...
7 Pages(1750 words)Essay

Macro Economics

...Macro and microeconomics Error of omitted variable and reverse causality Error of omitted variable is the error that occurs due toomission of a certain variable in determining a correlation. Reverse causality is a causal relationship that arises when there is a cause and effect relationship between variables. This means that the fact that events follow each other does not prove that the first event caused the other event. For instance, there is a relationship between high-income levels and good health whereby high incomes can lead to good health and at the same time good health can enable a person to work hard to increase productivity (Hill 2014). Demand curve Demand curves are curves that show a relationship between the...
2 Pages(500 words)Coursework

Macro economics

...UK Economy For every country to grow economically, it is important to increase the capa of the goods and services produced in that country. The UK can grow its economy by producing more and increasing its exports in order to boost its net trade. By reducing on imports and increasing the exports, the UK will be in a position to reduce its trade deficit, which is a problem that has been hurting the economy for many years. When the UK increases its share of exports, it will be in a position to grow its local industries. This is because the increased demand for UK exports accelerates local production, and this helps grow local products and jobs. For instance, this will help boost the manufacturing sector which has faced competition... cheaper...
2 Pages(500 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic How the song I Need a dollar by Aloe Blacc relate to Macro economics for FREE!

Contact Us