Variances Between Learning Styles And Academics Education Essay

Students learn in diverse ways, each of them has their ain different manners or penchants in the manner they recognize and process information. Taking into considerations these penchants is of predominating important in the instruction – acquisition patterned advance. The mode by which each pupil learns will make a landscape by which the pupils will either maintain or keep their knowing knowledge. Therefore, the pedagogues ‘ cognition about the pupils larning manner is beyond uncertainty. Alfonseca et. Al. ( 2006 ) emphasis that to be witting of the pupils ‘ acquisition manners will ease the adaptation of suited techniques and methods to fit with the pupils ‘ disposition. The ways by which an person scholar normally obtains, sustains and recovers information are defined as the individual ‘s acquisition manners ; it indicates a general penchant for larning ( Knowles et.al. 2005 ) . these larning manners recognize that pupils learn in different ways. By stressing larning manner, attending will be on the scholars and by so making they will acquire to be familiar with the mode they learn which Hall and Mosley ( 2005 ) assert will bring forth constructive effect on their motive to larn. Acknowledging the pupils ‘ larning manner may good help pedagogues go more sensitive to the differences pupils bring in the schoolroom ; therefore can function as usher in planing acquisition experiences that go with the pupils larning manners. Cuthbert ( 2005 ) stated that consciousness of the acquisition manners is critical for to leting accommodation in the pedagogues ‘ pedagogic attacks. Gadth-Johnson and Price ( 2000 ) pointed out that there is a powerful relationship between a scholar ‘s alone learning manner and their academic accomplishment.Significance of the StudyIt is the duty of everyone who takes portion in the educational system to make and develop valuable and competent acquisition environment whereby enhanced acquisition is afforded to all most specially to the scholars. The consequences of the survey will help in planing more effectual and synergistic schoolroom experiences to elate the value of larning. The instructors may cognize of which larning manner pupils perform good and could work out for different attacks to guarantee first-class academic public presentation of pupils. Taking into history the consequence which may be brought approximately by the consciousness of the pupils larning manner to the academic accomplishment of the pupils, it may besides enforce an consequence on the pupil abrasion which is one of the university ‘s foremost concern. When pupils learn fast, they perform better, derive more assurance and go more motivated to go on their instruction. The survey will happen its following measure for future research workers to research the relationships of the acquisition manners with the other dimensions of the educational procedure in wider position. The survey is limited to the first twelvemonth pupils of AMA International University -Bahrain. It is fundamentally to analyze the average differences of the acquisition manners in concurrence with the demographics of the pupils which include: age, gender, and BS plan enrolled. This is non strictly study research. The Index of Learning Style developed by Felder and Solomon is used to place and analyze the discrepancies between larning manners and academic accomplishments of the pupils. The academic accomplishment of the respondents will be determined by the class point norm ( GPA ) of the pupils during the first trimester.Statement of the ProblemLearning manner has its insightful impact on the peculiar dimensions of instruction and acquisition procedures. Students have their ain preferable manner to acknowledge, retain and recover information. The survey will research on the indices of discrepancies between pupil ‘s acquisition manners and their academic accomplishments. Using consciousness of larning manner within the educational background promotes more effectual acquisition. In add-on, lifting the consciousness of pedagogues sing the diverse acquisition attacks will ease them to be resourceful and adoptable in their instruction strategies. REVIEW OF THE LITERATURE Learning is by and large identified with a alteration in behaviour. Most of us understand it as a merchandise of a procedure by which behaviour transforms as a consequence of a learning experience. Harmonizing to Rogers A. ( 2003 ) there are two contrasting attacks to back up larning as a class of action or a procedure which brought about transmutation or alteration ; the Task- witting or Acquisition acquisition and the Learning- witting or Formalized acquisition. Acquisition larning refers to the unconscious acquisition or merely called contained acquisition. The scholar may non be witting of it but is normally cognizant that a definite undertaking is at manus and after executing the undertaking, alteration takes topographic point. Formalized larning on the other manus takes topographic point from the class of easing larning. It is educative instead than accretion of experiences. In this attack, the scholar is cognizant that what he is making involves larning. Formalized acquisition is doing leaner witting of the acquisition and therefore heightening it farther. On this note, heightening larning would intend affecting the scholars in the procedure ; it necessitates acknowledgment of how they learn in order for larning to be successful ; therefore a survey of pupils larning manners is beyond uncertainty a necessity to appreciate the procedure called acquisition. The survey of larning manners has been recognized in the recent old ages as significantly imperative in assisting pupils learn successfully. Today more than of all time, the educational universe is get downing up the importance of acknowledging and spoting the assorted ways pupils learn and placing the critical functions it takes portion in achieving permeant academic success ( Collinson, 2000 ) . This besides leads to several surveies bespeaking the benefit that instructors gain from developing an apprehension of how pupils learn every bit good as its consequence on their instruction.Learning Style ModelsThe look â€Å" learning manner † has many elements and can be characterized as the scholars ‘ dependable manner of moving in response to and the usage of stimulations in the context of larning. It has been explored from psychological, societal and educational point of views. To assist research workers in their probe of the learning manner penchant of pupils, developmen t theories in larning manners have been expanded which harmonizing to Hall and Mosley ( 2005 ) have produced in no fewer than 71 different theoretical accounts which normally portion the same features yet each has alone positions. Some of these theoretical accounts are briefly discussed and so a farther effort to speak about the Felder and Silverman ‘s theoretical account in order provides grasp of its usage that pertains specifically to this survey. Kolb ‘s learning manner theoretical account finds its foundation in Jung ‘s theory. It classifies scholars into four types based on their penchants on how to take and integrate information viz. ; obliger, diverger, learner, and converger. While each individual has his ain disposition, Loo ( 2004 ) asserted that efficiency is based upon the competency to move in response to assorted larning state of affairss by successfully doing usage of each manner as contrasting to merely using the preferable manner regardless of the conditions. Kolb ‘s experiential tilting theoretical account efforts to integrate each manner of larning into four-stage series or rhythm that consistently directs scholars from concrete experiences to the patterned advance of constructs that will function as springboard for fresh experiences ( Loo, 2004 ) . A ring separated in quarter-circles depicts each phase, which are all deemed of import for experiential acquisition ; nevertheless advocates of t his theory have the same sentiment that persons have a preferable phase in which acquisition is found to be most comfy. ( Goby & A ; Lewis, 2000 ) . As a effect ( Young, 2002 ) noted that any phase preferred by an person can function as get downing point for acquisition. Dunn and Dunn acquisition manners theoretical account is another manner of presenting and measuring intelligence. The attack is founded on the construct that intelligence is non definitively linked to talent or inborn capablenesss ( Denig, 2004 ; Dunn et.al 2001 ; Lovelace, 2005. ) as a replacing for perceptual experience, comprehension, the accomplishment of cognition through experiences and analytical problem-solving and decision- devising accomplishments are acceptable and valid presentation of intelligence ( Denig, 2004 ) . This learning Style theoretical account respects 20 elements that form pupil larning which include puting, emotionalism, sociological fancy, physiological peculiarity and psychosomatic processing dispositions. The Dunn and Dunn larning manner theoretical account puts frontward the idea that scholars should be trained to use their chief or chief learning manner to analyze and larn new resources ( Denig 2004 ) . Myers-Briggs Type Indicator or the MBTI categorizes pupils as sociable or lone wolf, antiphonal or inventive, intellectuals or antenna and judgers or percipients. Despite the fact that MBTI is a behavior appraisal, the information that is assembled has frequently been related to how people think, learn and make judgement. In actuality, all people exhibit features of each of the four classs, but persons play their singularity in the extent to which they employ these features and the person ‘s effectivity in making so. McPherson ( 1999 ) maintained the weight of this connexion by his claim that the instructor ‘s cognition of pupils ‘ personality type can reenforce the development of important category activities. Summarizing up the theoretical accounts presented, two points were given accent ; different persons procedure information across many content countries, cognitive and affectional procedures are acknowledged to significantly spread out our penetrations into the issues that relate to motive which is an indispensable constituent of acquisition. ( Vawda A. 2005 )Felder and Silverman ‘s Model for Learning StylesThe research worker in the current survey adopted Felder and Silverman ‘s ( 1988 ) theoretical account to place the participants ‘ acquisition manner for the ground that this theoretical account intended for a comprehensive system of larning manners which help pedagogues be more cognizant of the demands of the pupils and adjust their direction consequently. ( Jarvis, 2005 ) . In add-on, each of the dimensions in this theoretical account is parallel with the other acquisition manners model although the combination is alone ( Felder and Spurlin, 2005 ) . Furthermore it was noted that one of the advantages of these theoretical account over the others is the richer and more flexible sliding graduated tables support sorting the pupils manners ( Alfonseca, 2006 ) Felder and Silverman ‘s ( 1988 ) theoretical account is used to sort larning manners in footings of four dimension ; comprehending information ( Sensing/ Intuitive ) inputting information ( Visual/Verbal ) treating information ( Active/Reflective ) and understanding ( Sequential/ Global ) . Feeling scholars like to larn inside informations and concrete stuffs. They like to work out job with typical attacks. . They are healthy and sensible and be given to be more practical. In contrast, Intuitive scholars have a penchant to larn abstract larning stuffs such as theory and implicit in significances. Active scholars learn best by executing actively with available larning stuffs or seeking things out by themselves. On the other manus brooding scholars prefer to believe about and reflect on the stuffs. Ocular scholars are more able to retrieve best what they have seen while verbal scholars get textual representations irrespective of the fact whatever they are written or spoken. Conse cutive scholars are those who learn in little incremental stairss and have linear learning advancement. They follow consistent stepwise waies in happening solutions. Global scholars conversely use a holistic judgement procedure and learn in great bounds. They tend to absorb learning resources randomly without seeing connexions but after they learned adequate stuffs they out of the blue get the whole image. Table illustrates the four dimensions.Academic Achievement founded on Learning StyleLearning manners can ease a more easy and successful propensity of the pupils ( Prabhakar and Swapna, 2009 ) . Awareness of their learning manner is indistinguishable to understanding their laterality and weaknesses ; this in bend provides them better motive. The degree of larning achieved by a pupil is one of the success indexs of a learning environment. Several surveies have shown that academic public presentation of pupils is related to their acquisition manners ( Rasimah et.al, 2008 ) . Without taking into history the instrument used, many surveies have revealed that the acquisition manners has an of import function in the academic public presentation of the pupils. The recognition of the acquisition manners in the acquisition landscape have uncovered a agency to an improved trial tonss while a dissension in larning uniqueness and learning environment resulted in decreased achievement. ( Andrews, 1990 ) . ` The look larning manner has been attributed in a broad scope of surveies which have been founded to be decidedly related with specific facets of acquisition and measured larning results in footings of academic accomplishment. Learning manners similarly takes portion in the schoolroom public presentation. Decisions from the assorted research workers showed that tonss in larning manners become from independent variable and is a step of the academic success of the scholars. ( Rayneri and Gerber, 2004 )Surveies on Learning Style and Academic AchievementThere are a figure of surveies that explored the relationship between larning manner and academic public presentation in varied subjects. Some of these surveies indicated connexion between public presentation accomplishment and the meeting learning manner ( Mainemelis et. al. , 2002 ; Rutz 2003 ) while others surveies expounded on the differences in the acquisition manners penchant and the academic public presentation. Dyrsdale, Ross and Schulz ( 2001 ) made a survey on the overall academic achievement ( GPA ) of 4546 pupils enrolled at the metropolitan Canadian university in 19 introductory university classs based on their prima acquisition manners and came up with a decision that 9 of the 19 classs concerned in the survey, the dominant manner was concrete consecutive and that these pupils have a leaning to higher classs. Concrete random scholars ‘ public presentations varied and abstract random scholars appeared to fight academically as a group. Cartmell, Majors, Ashlock and Sitton ( 2007 ) compared the acquisition manner and GPA ‘s and demographics ( Gender, categorization ( Senior, Juniors, Sophomore, Freshman and lasting residence ) of 135 pupils enrolled in agricultural communicating at Oklahoma State University. Most of the pupils were found to be concrete consecutive scholars and these pupils had overall GPA ‘s higher than the other pupils that are classified harmonizing to the other acquisition manners. Lehman ( 2011 ) conducted a survey on the relationship of acquisition manners, class Markss and instructional favourites every bit good as gender differences related to larning manners in an introductory biological science class at Longwood University. She found out that of the 173 pupils, 39 % had concrete consecutive acquisition manners and 12 % of them were abstract random scholars while 21 % were concrete random scholars. She made a decision that there was no major disparity in between gender, Markss, or instructional penchants based on larning manners. Myers and Dyer ( 2006 ) have discovered out that there were no important differences in the acquisition manners of males and females enrolled in agricultural leading development class at the University of Florida yet, they have found out that for scholars with deeply rooted abstract consecutive acquisition manner, their critical thought ability evaluations were significantly higher than the other deep rooted learning manners. Thomas et.al. , ( 2002 ) made a survey on the acquisition manners of pupils enrolled in an introductory scheduling class. The bulk of the pupils in the survey were assessed as detection, ocular, brooding and consecutive. Consequences showed that in the exam part of the class, important differences were perceived in the pupils ‘ public presentation ; between reflective and active scholars, brooding scholars got higher tonss while between verbal and ocular scholars, verbal scholars perform better.

Things we Carry essay

My thing carried is a cellophane. It's convenient, awesome, and Just great to have around. It represents everyone's social status. Keeping up with friends is also ten times easier. I carry it with me always to keep in contact with everyone I know. My phone also serves as a multi-purpose fun machine. I get to play silly games when I'm bored, watch movies I put on my phone. Fight Club, mostly. Every night I make sure to charge my phone. A day without my phone Is worse than It should be, but most people depend on their phone. So It doesn't bother me. A person's phone In a small way defines a person.I have seen a ton of different phones In my day. If you see someone with a 2005 cherry red flip phone, you're never going to assume they could be a CEO of a major company. He would have a Blackberry, and every girl in high school that wears jug boots Instantly has an Phone from the last 2 generations, minimum. It represents your class and how social you are. A perfect fit for high school. Kid s definitely judge you on your phone to a certain extent, if it's â€Å"cool† or â€Å"in†. No one will actually say something or bully someone based on a phone but the intense judging is still very present.I feel like it would really fun if no one had cell phones. People would actually have to talk to other people to accomplish things. Everyone would feel more social, alive, and joyful. Of course, this dream will never happen so as long as cellophanes are still in every single persons pocket. I will continue to keep my cell phone on me at all times if for no other reason than to keep in touch with everyone, because everyone else loves phones. Phones are definitely not all bad, they are really amazing to have on you. It Just doesn't seem worth it to miss out on the social parts of high school.This opinion doesn't seem to e too common among most high-choler's. Its only because they don't understand how fun it would be to actually go on adventures with friends and be foc used on what you're doing at all times. No side testing or checking Faceable. Friendships would be created faster. People would actually get to know each other. It's a tiny bit sad actually, so many people use so many phones every day, that not having a phone Is pretty much socially unacceptable, and to not have a phone In high school Is to be cut off from all news and gossip. People almost always Just get the phone their friends have. It's a class thing.We do this, we sit here, we dress this way, and we use this phone. Phones will never stop though, next Its Google Glass, then Its self-driving cars, before anyone knows It everyone Is the chairs from WALLET on a giant spaceship. Don't worry too badly though, that's a long way away. Also, It doesn't even seem Like that bad of a way to go. My thing carried is a cellophane, it's great to have. Comes with a few small drawbacks but as long as everyone else carries a cell phone every day, I don't really mind also using my cellophane to be able to contact anyone at any time. Cellophanes you when bored. Cellophanes are amazing, Just not perfect.

The Hidden Content of Artwork Adam and Eve Created by Albrecht Durer Essay

The Hidden Content of Artwork Adam and Eve Created by Albrecht Durer - Essay Example Albrecht Durer wanted to demonstrate the importance of people’s decisions; some of them may be fatal and bring a lot of problems. The same situation happened to first people. The central focus of this picture is the representation of Adam and Eva under the tree. They are painted in the foreground surrounded by different animals – birds, hares, mice, and deer. We can see the snake on the branch behind Eva. It holds an apple in its mouth, and Eva is about to take it. Adam holds a branch with a bird in his right hand. Everything is beautiful around people, and they also attract the viewers’ attention at once. In the top right corner, a viewer sees a piece of sky with the mountains. The tree behind Adam and Eva is an apple-tree. It is rich in apples; they are almost on each branch. People are shown young in the picture. Naked images and an apple tree convince us that the characters described here are the first people in Eden. No doubt that the artist wanted to show the most important moment in people’s life – the turning point in the relationship between people and God. The characters’ facial expressions may tell much about their inner world and their thoughts. Moreover, Adam and Eva have different facial expressions. It is not very difficult to see curiosity and selfishness in Eva’s face. People knew that they could not take that apple, but Eva decided that it was possible for her to be as intelligent and powerful as God. Besides, she did not think about her husband. This fact proves that she was a rather selfish woman who followed only her own interests. A gentle smile on Eva’s lips reflects her satisfaction; as only several seconds separate her from the aim she wanted to reach. Adam’s face shows his surprise and grief. He seems to be very upset because of his wife’s action. Adam’s body is bent to Eva as if he wants to stop her.  

Limited Companies (Tesco and Sainsbury) Case Study

Limited Companies (Tesco and Sainsbury) - Case Study Example The stance of both the companies is illustrated with the help of financial ratios, to read between the lines of the companies’ financial statements and to completely understand the financial data presented by the companies in their annual reports. The structure of the report comprises the companies’ financial performance analysis for the year ended 2005 from management, investors and lenders’ outlook because all these three groups are interested in the companies’ position and performance with different perspectives. Therefore, the comparison presented in this report would be helpful for the company’s management, investors and lenders altogether to form a base for their future decisions.Tesco and Sainsbury have been in the retail business for a long time. These companies operate on the international level, but have most number of their stores in UK, which is the major market of these companies. Tesco is the largest and most profitable superstore chai n in Britain. It is the fourth largest supermarket in the world. Tesco operates 2,318 stores in 12 countries around the world and employs 326,000 people, 237,000 of them in Britain where it is the largest private employer (TESCO: A Corporate Profile, accessed 29.11.2005). The principal activity of the Group is the operation of food stores and associated activities in the UK, Republic of Ireland, Hungary, Poland, Czech Republic, Slovakia, Turkey, Thailand, South Korea, Taiwan, Malaysia and Japan (Tesco Annual Report, accessed 28.11.2005). Sainsbury is the UK's third-largest grocery retailer (after Tesco and ASDA) operates the long-struggling Sainsbury's Supermarkets chain -- some 464 supermarkets in the UK (accounting for nearly 85% of sales). The supermarkets get about 40% of their sales from private-label products. In addition to supermarkets, the company operates 260 convenience stores under the Sainsbury's Local, Bells and Jacksons banners. Sainsbury also owns 55% of Sainsbury's Bank (in a joint venture with Scottish bank HBOS) and a property development company (J Sainsbury plc overview, accessed 28.11.2005). PART B: ANALYSIS & COMPARISON OF FINANCIAL PERFORMANCE Tesco and Sainsbury are two popular companies in the United Kingdom. But the latest annual reports issued by these two companies reveal diverse results in the companies' financial performance for the year ended 2005. A deeper analysis of the differences between these companies' financial results is presented below with the help of some ratios peculiar to the analysis in terms of company's management, lenders and investors: FROM MANAGEMENT'S OUTLOOK The following analysis and comparison is done to help the companies' management to assess their performance and capabilities in the light of the companies' recent financial results: Gross Profit Margin Tesco Plc 7.3% Sainsbury Plc 4.12% The Gross Profit ratio analyses the company's profit margin before accounting for various operating costs. The gross profit margin of Tesco is higher than Sainsbury, which indicates that Tesco's management has efficiently managed to obtain more profit out of its sales after accounting for cost of sales incurred during the process of making the goods and services available to customers than Sainsbury. Net Profit Margin Tesco Plc 5.7% Sainsbury Plc 0.65% The net profit ratio analyses a company's profitability after taking into account all the operating costs. The above ratio calculation shows that Tesco has had significantly higher net profit margin than Sainsbury whose profit margin after the operating cost

Why did the Cold War not escalate into full-scale war between the USA Essay

Why did the Cold War not escalate into full-scale war between the USA and the USSR - Essay Example Even though there was no face to face conflicts these two blocks engaged in secret and indirect conflicts between each other. This was known to be the cold war. It continued till 1990’s when the Soviet Union broke up under the influence of perestroika and glasnost. To be precise, the cold war started in 1917 immediately after the Bolshevik revolution and ended in 1989 after the break up of USSR. It was a conflict between Bolshevism and democracy. The cold war is regarded as the most important political and diplomatical issue of the twentieth century. It got its name because both parties were afraid of fighting each other directly. Instead they fought the war indirectly. They played havoc in different parts of the world as well as fought with words on issues. Threatening and denouncement were common. Moreover they raced to make each other look foolish. The term cold war was used first by Mr. Bernard Baruch who was a senior advisor for the 33rd president of the US, Mr. Harry Tru man. He used this term because of the frequently occurring crisis between the two sides even though they fought side by side against Nazi Germany. The actual cause of the cold war was the Bolshevik revolution in Russia in 1917. ... This prompted Russia to behave negatively against west. Russians though that the west was interested in toppling their communist regime and used all its strength to defend and shun them. Even though the US recognized USSR in 1933, suspicion between the two countries continued on a high note. This continued in the Second World War where both the countries were allies. The cold war is considered as decade’s long struggle for world supremacy. It began escalating during 1945 when relations between Washington and Moscow started deteriorating. The deterioration ignited the cold war as well as set a stage for the dynamic struggle between the east and the west. Even though political leaders changed in both sides, the cold war continued. In another sense, the cold war was more political rather than military (Cold war. 2011). One of the main reasons why the cold war did not escalate into a full fledged war was because both sides knew that if the war was started, it could easily be a nuc lear war causing destruction to the whole world (Why the cold war did never escalated. 2011). During the cold war, many times there was concern that this would escalate into a full war with nuclear arsenal used by both sides and killing millions. However both the sides developed a deterrence policy that further prevented problems from escalating beyond localities. Often periods of escalations and crisis appeared during the cold war days. That was in 1953, when Josef Stalin’s sudden death caused a leadership gap in Moscow. During this time in US there was American presidential election. This crisis continued till the most famous Cuban missile crisis of 1962. Other critical events during the cold war include the Hungarian

Mechanical orientation Essay Example | Topics and Well Written Essays - 1000 words

Mechanical orientation - Essay Example III (2009), he averred that â€Å"according to HomeDoctor.net, a roofing nail has a diamond-shaped sharp tip to help it nail through decking without splitting it. That is why it is important to use roofing nails when doing a roofing job. Roofing nails are made of galvanized steel to protect them from the elements. When installing roofing nails always make sure the nail is flush to the shingle. A countersunk nail will rip the shingle, and a nail that is not completely nailed down will eventually work its way out† (par. 6). There are different lengths of nails to use depending on the roofing materials one is working on. For asphalt shingles, Root III indicated that â€Å"when installing asphalt shingles on felt only to any grade decking you should use 1-inch long roofing nails. When installing dimensional shingles to felt only, Roofhelp.com recommends you use 1 1/4-inch nails. If you are putting a layer of asphalt shingles over an existing layer of asphalt shingles on to a 3/4-inch deck or a plank deck then you should be using 1 1/2-inch nails. If your decking is less than 3/4 inch then a 1 1/2-inch nail will suffice. For dimensional shingles being installed over a layer of existing dimensional shingles you should always use a 1 1/2-inch roofing nail† (Root III, pars. 4 & 5). A rubber mallet is â€Å"a hammerlike tool with a head commonly of wood but occasionally of rawhide, plastic, etc., used for driving any tool with a wooden handle, as a chisel, or for striking a surface† (Dictionary.com, par. 1). Wallender identified the following uses of a rubber mallet, to wit: â€Å"for ceramic tile, it helps gently tap tile into place; laminate flooring: great for this brittle material; tap carpeting onto tacking strips; a â€Å"sounding device† if you need to hear what is behind a wall or in a pipe; PVC pipe work; and two tight-fitting sections of drywall† (Wallender, par.1), among others. According to needs, the rubber mallet come in different types and prices, such as the

Marketing Communications Essay Example | Topics and Well Written Essays - 1750 words

Marketing Communications - Essay Example A marketer detect these goals while analysing hierarchies in which consumers’ values drive the desired psychosocial consequences of product consumption, and the latter, in turn, influence product preferences. In general, researchers have yet to make a connection between the macro and micro approaches to consumer goals. Other approaches that highlight situational influences on consumer goals include the social, cultural, physical, and timely contexts of consumption (Ratneshwar et al: 10). Different methods through which consumer behavior can be analysed are by studying consumer economic, passive, emotional and cognitive behavior. An economic perspective according to Becker (1965) helps us to make the best usage of time as he suggests that time is as valuable as money. Consumer makes decisions while equating in his mind the value of time with the opportunity cost, the wage rate, and assumes that the value of time is a constant and is not influenced by any characteristic of the outcomes as long as the best alternative use of time is unaffected (Holbrook: 30). Economic perspective serves as an indicator to analyse consumers with respect to several alternate solutions or products, among which they prefer to choose one that economically suites them, while satisfying their area of interests. Becker’s context-free approach supports the economic view under which a consumer makes decisions and terms it as prospect theory. According to this theory what matters to consumer to take a decision are the utilities and values that exist in the back of his mind? While these utilities acts as a function of gains and losses relative to a particular reference point, it is this point that indicates the extent and represent consumer’s buying power. To examine this method an experiment was conducted where consumers were given an option to save few minutes of travel time on a train by paying an additional $2 for a service. Prospect theory mentioned it as an opportunity