介绍四个经济学效应(英文).docx

1 、Introduce some effect about economicGood afternoon, everyone ! We are group 5. In my presentation today We are going to talk about some effect about economic. Well be looking at 4 special and interesting effect to show in 8 minutes and Weve divided our talk into 5 parts. Firstly, MeiMei will talk about The Butterfly Effect.Whats more, Caizhu will talk about The hedgehog effect.Furthermore, I will talk about The herd effectFinally, Guolin will talk about The Broken windows effect.Then, we will make a conclusion.Please interrupt is allow if you have any questions or if something is not clear or well take questions and be happy to discuss our topic at the end of our presentation.Now, lets start our first part. Lets welcome Meimei to have a speech for you!2、The Butterfly EffectToday I would like to introduce an economic effect is the butterfly effect. Ive divided my talk into four parts：definition，origin, application and conclusion.Firstly, I am going to talk about the definition of butterfly effect. As the saying goes, detail is everything. In our daily life, often there is such a case, a small thing can change the whole situation and the impact is enormous. What this case is it? We call it the butterfly effect. So, what is the butterfly effect? The butterfly effect refers to a dynamic system, small changes in initial conditions can bring huge long-term ripple effect throughout the system.Now, turning to origin. The word butterfly effect is of concern to the world through one scientific paper of the American meteorologist Edward. He proposed a butterfly flapping its wings gently in the tropical, can give a hurricane to a distant country caused.”It is interesting to notice that the butterfly effect is also widely used in economics, economists widely apply it to explain the complex interplay of global market. For example, in 1997, the devaluation of the Thai baht caused a financial crisis across Asia; in 2007, began in Americas subprime mortgage crisis led to a global financial.So, as weve seen in this presentation today, dont look down on the importance of any one little, like butterfly wings quietly, can affect the entire world. Thats all of my first part. Lets welcome Caizhu to introduce the second partthe hedgehog effect for you.3、The hedgehog effectNext Ill focus on the Hedgehog Effect , which includes two parts .Firstly, I would like to talk about what the Hedgehog Effect is .After that Ill go on with the application of the Hedgehog Effect in real life .The Hedgehog Effect comes from a western fable febl.It is about two hedgehogs who wanted to keep each other warm in the cold winter .However ,at the beginning, the distance between them was so close that their thorns :nz stabbed stb each other to bloodshed. Later ,they adjusted the position to keep the proper distance between each other .In this way ,not only did they keep themselves warm ,but also they protected themselves from being stabbed .In educational psychology, the Hedgehog Effect refers to the phenomenon that teachers keep a proper distance between them and their students to obtain a good teaching result. Now Ill talk about something about the application of the Hedgehog Effect in our real life.What the Hedgehog Effect emphasizes is The psychological distance effect in communication .As we all know ,if a leader wants to finish his work effectively ,he should keep an appropriate cooperation with his employees ,which will be beneficial to managing his company and collecting public opinions.Charles de Gaulle, the president of France , who is good at applying the Hedgehog Effect in the real life ,managed to keep an appropriate cooperation with his advisers and consultants. During his tenure , nobodys working years was more than two years. In his view, the mobilization of the work was normal , and it was abnormal to fix the work.Therefore, we can make a conclusion that a man who knows how to keep an appropriate distance between people and people are more likely to succeed and accomplish the work more effectively In order to introduce more effect for you, lets welcome Yonghong to have a speech for you in the third part.4、The herd effectAfter listening two effects, I know you would like to know more about other economic effect, now, I will introduce the herd effect for you.My speaking will be divided into three parts, including the definition, application and analysis about the herd effect.Now I will begin by an experiment. Someone put a wood stick before a flock of sheep. The first sheep jumped over the wood stick. And then the second one and the third jumped the stick, too. At that time, someone put the stick away, but the following sheep still jump over that place where the stick placed before, although the stick was taken away.The experiment showed an interesting economic effect which was named “the herd effect”. Let me move on to the definition about the “the herd effect”. People who live in the society easily follow others opinions, and then , they usually deny their ideas. Whats more, they will not think about the meanings what they do objectively. This is “the herd effect”.As many of you know that the herd effect can be seen in many situations. So my next point is the application of “the herd effect”. Firstly, in our daily life, when we heard the compliment of something making by others. We will do it as follow. For example, Many people think that civil servant is a stable job, so many university students go to have an exam for it. Whats more, the herd effect is a common sight in the economic. For example, the group-buying mechanisms increases the number of purchasers. Moreover, in the capital market, such as stock market, because of many factors such as Information Asymmetry and investment game, single investor will follow other investors to buy into or go out from the stock. So the stock always rises or falls down in a short time. Of course, what I said just a small part of the herd effect ,if you are interested in the herd effect, you can find more information about it. Thank you ! lets welcome Guolin to introduce that last effect for you !5、The Broken windows effectGood morning everybody. In my presentation today, Im going to talk abut the broke windows theory. My presentation will be in three main parts, including the definition, application and analysis about the broken window theory.What is broken window theory ?Lets start with the definition. Ill begin by telling you a background story. One day, a boy broke uncle Smiths window carelessly. And then Smith spent 6 dollars buying a new window, which contributed to the glassmans revenue. Afterwards, it cost the glassman 6 dollars for buying some bread. Then, these money belonged to the baker. The cycle continued, many people benefited from it . Simply speaking, the broken window theory means that destruction brings benefits and boosts the economy.What do you think of this idea?In reality, this theory applies in many areas, especially in natural disaster. Some economists claim that Wen Chuan earthquake really boosted our demand, which contribute to a big amount GDP. Whats more, some policies in our CHINA are also based on this theory. For example,some people tore doesnt the house and then rebuilt it in order to create more GDP.Whats your opinion?Now, let us analyze together.The minute the window was broken, the minute the window was as a loss. That is to say, people lost their fortune rather than have benefits. Ridiculously, many people merely pursue for GDP at any costs. Whats more ,Regarding the earthquake as a promoting agent for economy is wrong too. As you know, earthquake id s big disaste