In any case....
CSE: got test tmrw, about the 3 philosophies/religions of China Decided to cover through why the CCP (China Communist Party) is so interested in reviving it after bashing at it for so long.
#1: To fill the ideological void left by the demise of the Marxist-Leninist Ideology (AKA fall of the Soviet Union, or USSR)
#2: To counter-balance the influence brought about by western beliefs/values and domestic cult practices (eg. the Falun Gong.)
#3: Introduction of "soft power"
#4: Popularity of Asian Values as a reason for the rise of Asian Countries (mainly Singapore, Thailand, etc.)
#5: Hu Jintao's concept of "Harmonious Society"
#6: Curb excess of Nationalism
Those in red means I had forgetten about it, and is more likely to forget, hence they're in red to remind me.
Actions taken:
- Confucianism: Revival of annual memorial service dedicated to Confucius; September, the birth month of Confucius, declared a cultural month; Govt funding of 248 Confucian Institutes in 64 different countries, in order to spread Chinese Language and Culture; Teachings of Confucius included in Sec. Sch. Curriculum.
- Buddhism: Hosted 1st and 2nd World Buddhist Forums in Hangzhou, Zhou Shan and Wuxi at 2006 and 2009 respectively.
- Daoism: Sponsored an International Forum aimed at interpreting and promotion of Dao Te Ching in HK.
- Usage of Media
- Celebrating ang promoting Dragon Boat Festival, Tomb-Sweeping Day, Mooncake Festival, etc.
Impact and Influence:
- Increase in no. of Chinese that honored their ancestors (2007-50mil, 2009-120mil)
- Yu Dan's Analects of Confucius
- According to a poll by Shanghai University, 31.4% considered themselves religious (abt 300mil people)
- 200mil believers in Buddhism, Daoism, or worshippers of any legendary figure (no, not Rafiq of the Many, its Dragon King or God o' Fortune.)
- Rise of Christianity- abt 12% of all believers, or about 40mil, as compared to 12 mil at 2005.
Econs: Had a test last week, could'nt finish cos I was too slow. (shit.) On the other hand, covered Supply and Demand.
Details:
Supply is the amount that suppliers are able and willing to sell at a certain price, holding other things constant (hereafter known as Ceteris Paribus)
Demand is the amount that consumers are able and will to buy at a certain price, ceteris paribus.
Determinants:
Price: Supply and Demand will always respond to a change in price. This would lead to a movement along the Supply/Demand Curve.
Non-Price Determinants:
Demand: (would cause a shift in the Demand Curve)
Taste: preference for a certain product, resulting in more people wanting to or already buying more of the product.
Household Income: The real disposable income of a household, which is the income used to fulfil wants after taxes and other essentials, determines demand. More income, more likely to be able to afford a product, higher demand.
Expectations of future prices: The price is always changing due to changing circumstances. Therefore, if a consumer has prior knowledge of a change in price, this will lead to a change in demand accordingly. For instances, if in the future prices are going to increase, consumers are likely to purchase more of that product while it is still cheaper. This leads to an increase in demand.
Changes in demand for related goods: Related goods are products that are simillar, or complement the product in question. This is divided into 2 parts:
Substitute Goods: If there is a simillar and cheaper product available, consumers are more likely to buy more of that product. This means demand for the product in question will fall.
Complementary Goods: This are goods that go together either very well, or well to the point that one canot do with the other (eg. one cannot go around with nice shoes if he ain't wearing no pants :x). In any case, if demand of that product goes up, people would want to get more of the product in question. This leads to an increase in demand.
*Yawn* Tired sia, tmrw got fencing training somemore. Night~
Signing off,
Ernie