Academic Writing for Economic and Energy- myassignmenthelp.com

Question: Discuss about theAcademic Writing for Economic and Energy Challenges. Answer: Topic Sentence 1: On one hand, the abilities of internet in extending interpersonal relationships can be extolled as now people can connect to each other across boundaries, on the other hand internet is also causing several psychological and social issues that can damage the social existing connections. Internet makes people browsing and spending more time online at the cost of their time spent with their family and friends. As a result to that, people are now sitting in front of their laptop, computers at home more than going out and talking to their friends, relatives or neighbours. Topic Sentence 2: Public transportation in cities mostly acts as a significant solution to the environmental, economic and energy challenges of the nation. It helps bringing a better and sustainable future. These services are affordable for all economic classes, therefore people can easily travel as well. Topic Sentence 3: Nowadays toddlers love playing around electronic gadgets, so most parents are now substituting baby toys and books for smart phones. However these gadgets can never be the substitute of one-on-one conversation with their caregivers. Researches show that this continuous presence may have a harmful impact on childrens mind. Topic Sentence 4: As an offense littering is generally overlooked by most of the governments as there is no such immediate impact of such offense. However, this has long term consequences as it can harm the environment and people as well. Due to clogged drains flood causes in cities making environment unhygienic and bringing contagious diseases. Topic Sentence 5: Playing with toys is an exciting thing for children as it brings them joy, happiness and many happy memories to cherish. A child always has an innate curiosity; therefore discovering new things with their toys makes them more fascinated with toys. Toys can also manifest their interest in art, locomotive, music and several other things. Introduction Unemployment is a crucial issue of every nation, especially in the developing countries that have a huge population. Higher unemployment rates indicate that the labour resources in the country are not being efficiently utilized. Therefore any country should have a major macroeconomic goal of having full employment and this should be a part of the government policy (Hanapi Nordin, 2014). However, there has been no such effective solution to this issue till date. Furthermore unemployed graduates have turned into a serious issue in Malaysia. Few years ago, a newspaper report even claimed that the unemployment rate amongst the university graduates has reached to 70% (Shamsudin et al., 2017). Therefore, this essay will trigger this issue and discuss the causes and effects of such increasing unemployment rates amongst graduates in Malaysia. Discussion The unemployment level differs along with the financial condition of the nation and other potential market forces. This mostly occurs due to the mismatch of the skilled labours in the market and any kind of structural changes can influence this level (Cheong et al., 2016). Unemployment can also be caused due to any downturn in the economy. The significant reasons for higher unemployment rates are discussed below: Most companies now prefer employing people who have significant years of experiences than the fresh graduates. As the university syllabus does not provide them any major exposure on real life training or offer internship programs, the fresh graduates often are rejected by the companies due to their lack of experience (Mustapha Selvaraju, 2015). The university life mostly offers textbook based knowledge that may be difficult applying on the real life environments. Therefore, the universities in Malaysia should offer necessary internship period for students as the students will become familiar with particular industries; they can have real life experience and learn skills that cannot be learnt from the textbooks. Along with that, most of the university graduates who come from rural background do not have proper communication and social skills than graduates coming from cities (Ekpe Mat, 2015). There is language barrier which prevents them to be employed in firms that need workers who are fluent in Malay and English. Therefore, even if they are being graduated with amazing academic grades, they are deprived of getting suitable jobs for themselves. Mustapha Selvaraju (2015) also suggested that the female graduates in Malaysia have serious lack in social skills, low self confidence level. Even though they have excellent grades, they are unable to secure employment. In addition to that, some researchers also pointed out that some of the graduates are arrogant and do not have aptitude to work within a team. According to Babar et al. (2015), the unemployment rate is continuously increasing in Malaysia also because the children are being taught in Bahasa Malaysia language in their primary and secondary schools, therefore in their later lives they are having trouble to learn English language which is the universal lingua franca and they are being unable to get a suitable job. Furthermore, the consequences of such increasing unemployment rate are harmful for the socio-economic growth of the country. Unemployment not only hampers the usual economic growth in a country, but it also lead to mental and emotional stress. This can destroy interpersonal relationships and turn to violence (Ekpe Mat, 2015). Unemployment also leads to a lot of violent criminal activities. It also affects the national economy in different ways. If people are not employment, they are unable to pay taxes and spend money on luxuries. If people are unemployed, they are living on the government aids or their saved money. Therefore the spending power of general people tends to decrease in a drastic way which has an adverse effect on the national economy. According to Marouani Nilsson (2016) the government has to provide some benefits for the unemployed population, therefore the increased rate of unemployment increases the additional government spending to a great extent. With the reducti on in the fund availability, the generated revenue from tax collection decreases as well, therefore both of these factors have a cumulative impact on the allotted fiscal budget of the country for welfare of the society. Therefore the tax rates become higher and there is less flow of capital in the national economy which further encourages borrowings and debts. However, if people are unemployed, it is difficult for them to repay their debts. Eventually this increases housing mortgages, deflation or bankruptcy. In addition to that, inflation follows unemployment as these are two interrelated concepts. Inflation is generally caused by the alterations in money supply. If the money supply goes higher, prices of commodities go higher too; this increase in the price level is called inflation. As stated by Lucas Verry (2016) with the increasing rate of employment, higher inflation can occur. Even though the GDP growth and inflation rate did not show any boost, in last few years, the Malays ian government has taken few effective measures than can curb the significant causes for inflation. Conclusion: In conclusion it can be said that the relationship between increasing unemployment rate and financial activities needs to be understood mostly in the developing countries like Malaysia. Therefore the government requires taking steps which can reduce the unemployment rate such as foreign direct investments. If the government brings more FDI inflow, it can create more job opportunity within the country. Therefore a huge demand of labour will be required which will eventually lower the unemployment rate. Along with that it can also advance the existing living standards of the general population in Malaysia. However, in some cases the foreign investors may have an adverse effect on the domestic businesses; therefore the government should ensure that the balance is not hampered in anyway. Reference list Babar, M. G., Hasan, S. S., Ooi, Y. J., Ahmed, S. I., Wong, P. S., Ahmad, S. F., ... Malik, N. A. (2015). Perceived sources of stress among Malaysian dental students.International journal of medical education,6, 56. Cheong, K. C., Hill, C., Fernandez-Chung, R., Leong, Y. C. (2016). Employing the unemployable: employer perceptions of Malaysian graduates.Studies in Higher Education,41(12), 2253-2270. Ekpe, I., Mat, N. (2015). The moderating effect of social environment on the relationship between entrepreneurial orientation and entrepreneurial intentions of female students at Nigerian universities. Hanapi, Z., Nordin, M. S. (2014). Unemployment among Malaysia graduates: Graduates attributes, lecturers competency and quality of education.Procedia-Social and Behavioral Sciences,112, 1056-1063. Lucas, R. E., Verry, D. (2016).Restructuring the Malaysian economy: Development and human resources. Springer. Marouani, M. A., Nilsson, B. (2016). The labor market effects of skill-biased technological change in Malaysia.Economic Modelling,57, 55-75. Mustapha, M., Selvaraju, M. (2015). PERSONAL ATTRIBUTES, FAMILY INFLUENCES, ENTREPRENEURSHIP EDUCATION AND ENTREPRENEURSHIP INCLINATION AMONG UNIVERSITY STUDENTS.Kajian Malaysia: Journal of Malaysian Studies,33. Shamsudin, S. F. F. B., Al Mamun, A., Nawi, N. B. C., Nasir, N. A. B. M., Zakaria, M. N. B. (2017). Factors Affecting Entrepreneurial Intention Among The Malaysian University Students.The Journal of Developing Areas,51(4), 423-431.