Wednesday, February 19, 2020

Weekly progress report Coursework Example | Topics and Well Written Essays - 500 words - 1

Weekly progress report - Coursework Example I spend Monday and Tuesday reading an article titled, Omans eGovernment progress recognised internationally, written by Ammari. S (2012). The article talks about the recent development in the context of m-government in Oman. I also read the Statistical year book developed by the Ministry of National Economy – Oman (2007). It helped me in understanding the acceptance and feasibility of mobile technology in Oman On Wednesday, Thursday and Friday, I started writing my first chapter covering the context part along with designing research aim and objectives and formulating research questions. The context of the research covers information on the importance of m-government, its applications in Oman and overall acceptance and feasibility in the present and coming years. In the coming week, I am planning to read articles on the growth and development of m-government in Oman for 2-3 days. I have read few articles published in the newspaper, Oman Observer. One of the articles titled, 4G services launched written by Harthi F.B.K (2012) states the emergence of 4G services in the country while the article titled, Improving Customer Service via Mobile Banking written by Murphy. D (2009) states the emergence of mobile banking offering multiple benefits to users and organsiations. However, the article titled, M-Government Services Initiatives in Oman, written by Naqwi and Shihi (2009) states that there are major loopholes in the m-government as the model is fairly new. I have not read much but will continue to do so in order to critically analyse the literature I have also planned to strengthen my literature reading by visiting the nearest library along with reading more articles and journals on m-government and its applications in the context of Oman in the mid week for 2-3 days I do not wish to read end numbers of journals, articles and books as the mentioned research

Tuesday, February 4, 2020

The Consumer Price Index and the Retail Price Index Essay

The Consumer Price Index and the Retail Price Index - Essay Example The sample of the population used in calculating consumer price index includes different wage earners but excludes those from the military and correctional institutions including jails (Mankiw 2011, 123). Retail price index is an inflationary measure that captures the change in the cost of living of certain categories of people. This index compares the percentage of money spent by the said people in buying different commodities over a certain period. It reflects the prices of certain items that are largely used on a daily basis including common household items, diesel, petrol, bus fare, rent, and electricity. These items are given weightage because they are used on almost a daily basis. Alcohol and tobacco are examples of other goods that are used in calculating retail price index but are given lesser weightage than the aforementioned items. Retail price index is calculated on a monthly and annual basis (Biggeri & Ferrari 2010, 114). Calculation of consumer price index starts by selecting a basket of goods and services which typical consumers spend their money on. The prices of these items at that particular time are determined. The cost of the selected basket of goods and services is calculated by multiplying the price of each item by its quantity in the basket and then adding these products. Consumer price index calculators then pick on a base year against which to compare prices of the selected basket of goods and services in each comparison year. The price of the fixed basket of goods and services in comparison years is divided with the price of the same basket in the base year and the quotient multiplied by a hundred to show the differences in the costs of living between those years (Diewert et al 2009, 72). The calculation of the retail price index involves choosing a base year in which the economy of a country is thought to have been stable and the year is given a hundred points. The items used by the class of people or