Rap Music As An Art Form - 1295 Words

I. Introduction â€Å"Rather than treat rap music as an art form whose primary purpose is to entertain, prosecutors have become adept at convincing judges and juries alike that the lyrics are either autobiographical confessions of illegal behavior or evidence of a defendant’s knowledge, motive, or identity with respect to the alleged crime† (Nielson and Kubrin 1). Recently, prosecutors have been using rap lyrics as evidence in a criminal case. Rap, a form of hip-hop, originated in the 1970’s in New York. It remained a â€Å"ghetto secret† until the 1979 song â€Å"Rapper’s Delight† spread its popularity throughout the world (Nielson and Kubrin 2). Later, in the late 1980’s to early 1990’s, rappers began targeting flaws and imbalances within the society, recognized as the â€Å"golden age† of rap by most scholars (Nielson and Kubrin 3). However, in the mid-1990’s, record companies that thought that sex and violence would be most p rofitable began pressuring rappers to sing about sex and violence, generally gangsta rap, with lyrics that lacked the foresight or political flaws that were characterized by the â€Å"golden age† (Nielson and Kubrin 3). According to Alexander Bey, rap types such as gangsta and hardcore are generally the one being used on a criminal case as a way to convince the judge and jury that the lyrics are confessions of what the accused did with the other bodies of evidence, as well as being used to locate potential criminals by performing further searches for signs of illegalShow MoreRelated A Violent Message in the Art of Popular Culture Essay1679 Words   |  7 PagesA â€Å"Violent† Message in the Art of Popular Culture Many people believe that present-day music cause division, tension, and sometimes violence. However, it is acknowledged as art in popular culture. Art in popular culture revolves around action movies, television sitcoms, and provocative song lyrics, which have themes centered on explicit sexuality. Art in popular culture is embodied in music, dance, photography, and other artwork that embraces the ills of the world and acknowledges thatRead MoreWith The Recent Election Being Highly Controversial And1378 Words   |  6 PagesStates continues to face social and political issues rap music and its artist have been a source to document the oppression that is still occurring within the country. Documenting racism and oppression by using politically charged lyrics is a method the rap community is particularly familiar. As time went on rap artists began to become more politically informed and began to shine through their lyrics to become sources to start a national dialogue. Rap artists like Tupac Shakur, Chuck D, Chance the RapperRead MoreEssay about Hip-Hop1452 Words   |  6 PagesHip-Hop When you hear the phase Hip-Hop what do you think of? Music, Dancing, Rapping? Well, its all of that and more hip-hop is a culture. According to Websters dictionary, culture is defined as the concepts, habits, skills, arts, instruments, institutions, etc. of a given people in a given period; civilization. One artist defined hip-hop as a set of expressions in vocalization, instrumentation, dancing and the visual arts. More specifically, hip hop is a combination of graffiti, breakdancingRead MorePolitics and Hip-Hop802 Words   |  4 PagesMusic is an art form and source of power. Many forms of music reflect culture and society, as well as, containing political content and social message. Music as social change has been highlighted throughout the 20th century. In the 1960s the United States saw political and socially oriented folk music discussing the Vietnam War and other social issues. In Jamaica during the 1970s and 1980s reggae developed out of the Ghetto’s of Trench town and expressed the social unrest of the poor and the needRead MoreHip Hop Culture And Its Impact On The American Society895 Words   |  4 Pagesculture. The Hip-Hop culture is an artistic movement that people uses to express themselves by practicing social and artistic habits. Some of these habits include dancing, and the art of producing music. DJs and MCs are responsible for producing the music for this group which is defined as rap. MCs, DJs, and B-Boys form part of this culture, they identify themselves into their own society and try to make others understand the way they live. As any other culture, Hip-Hop also has specials factors andRead MoreRoots of Hip Hop968 Words   |  4 Pagesï » ¿Ã‚   â€Å"The Roots and Stylistic Foundations of the Rap Music and Tradition†    Hip-Hop as well as many other artistic cultural forms we practice today can be related back to African culture and various traditions. Author of  The Roots and Stylistic Foundations of the Rap Music and Tradition,  Cheryl Keyes, discuss’ the spirit, style, tradition, emotions, culture and the delivery of music. Keyes says that many of these practices can be traced back to the West Afrikan Bardic Tradition in particular. WhenRead MoreAnalysis Of `` The Breakbeat Poets `` By Langston Hughes, Ralph Waldo Emerson1241 Words   |  5 Pagessynonym for poet, and Hip-Hop is their form of poetry is. Kevin Coval amusingly says that rap â€Å"dusted poetry off, took it out the closet, put Js on its feet, and told it to speak to the people, all the people,† and that hip-hop saved poetry from becoming â€Å"classical music,† meaning that rap prevented poetry from becoming an old, out-dated art form and renovated it for the next generation (20). Coval’s book, The B reakBeat Poets, says the creation of hip-hop music was by â€Å"latchkey kids in the crack eraRead MoreTrystan Gray. Miller. English 175. 1/11/2017 . Poetry Analysis.980 Words   |  4 Pagestext book in the poetry section because, even though people don t realize it, rap is poetry and can teach youth about things they may or may not have experienced. Founded in 1981, Run D.M.C. was and still is considered by many to be a popular rap group. Run D.M.C. is part of the original group of people who elevated rap music from an inner-city slums mixtape to a nation wide movement; this being the reason rap music is around and flourishing today all around the world. My poem and song is reachingRead MoreAnalysis Of Rhymes : The Poetics Of Hip Hop1098 Words   |  5 PagesAnalysis – Book of Rhymes â€Å"Rap is poetry† (xii). To any avid fan of the genre, it is a statement that seems obvious. The words could easily be the musings of a listener first introduced to the art form, not the focal point of an entire work of contemporary criticism. Yet in Book of Rhymes: The Poetics of Hip Hop, Adam Bradley’s primary focus is this very point, the recognition of traditional poetic elements within rap music. With the global cultural and economic phenomenon that hip hop has becomeRead MoreHip Hop : A Negative Phenomenon1617 Words   |  7 PagesThe instant response to this question is often that the commercialization of hip is a negative phenomenon. Many hip hop fans seem to hold this opinion because they believe that the quality of music from today’s rappers has drastically decreased. However, the difficulty arises in determining whether the ‘commercialization’ of hip hop should be considered a positive or negative phenomenon. There are strong advocates for both of these judgements with convincing points to support their beliefs. The

Oedipus the Mysteries of Fate - 869 Words

Oedipus: The Mysteries of Fate Robert Choi Among the first thing a historian discovers in his study of early civilization are records of peoples belief, or faith, in powers greater than themselves, and their desire to understand what causes these powers to act. People everywhere wonder about the marvelous things in the sky and on the earth. What makes the rain? How do the plants and animals live and grow and die? Why are some people lucky and others unlucky? Some believe in free will while others believe in fate or destiny. In the play Oedipus the King by Sophocles, Oedipus was a true victim of fate. Gods and goddesses were believed to be responsible for the wonders of science, and the vagaries of human nature; therefore,†¦show more content†¦Even after abandoning the baby and believing that he was dead, the prophecy was destined and somehow came true. With me getting caught for shoplifting was also destined. The voices I heard in my head was a warning, and I chose to ignore it but it was destined to happen. The day our lives end, we dont choose where we will go, we, I believe, are destined to be sent where we belong. In the play Oedipus the King by Sophocles, Oedipus was a true victim of fate. Like Oedipus, there was a time in my life when I too, felt like a victim of fate. The Greeks had an orderly explanation of the creation of the world. From this Greek tragedy, I learned more about their manners, customs and ideals. Ive grown to appreciate their love of beauty, their joy and laughter, as well as the sorrows they experienced in life. I also realized how great of power destiny and fate have over free will. The moral of this play I learned is that if its destined, it will sooner or laterShow MoreRelatedThe Tragic Flaw Of Oedipus The King1310 Words   |  6 Pages The Unfortunate Fate of a Tragic Flaw An individual’s strengths can eventually become their greatest weaknesses. A tragic flaw is a trait viewed as being favorable to a character at first, but it leads to their later downfall. It was often used in ancient Greek tragedies to show that mankind was susceptible to flaw. This was present in Sophocles s tragedy, Oedipus the King. The protagonist of the tragedy,Oedipus, was not exempt from his own flaws. Oedipus’s traits of excessive pride and desireRead MoreThe Tragic Flaws Of Oedipus The King1352 Words   |  6 PagesSophocles s tragedy, Oedipus the King. The protagonist of the tragedy, Oedipus, was not exempt from his own flaws. Oedipus’s traits of excessive pride and desire for knowing the truth were advantageous to him in the beginning, yet were the very things that contributed to his tragic downfall. Oedipus possesses an excessive amount of pride, or known to Greeks as hubris. This was necessary for upholding the position of a king, but causes him to believe that he could alter his fate. Initially, pride wasRead More Boundaries of Destiny, Fate, Free Will and Free Choice in Oedipus the King1282 Words   |  6 PagesBoundaries of Fate and Free Will in Oedipus the King    The ancient Greeks firmly believed that the universe was guided strictly by order and fate. In Oedipus the King, Sophocles has examined the relationship between free will and fate, suggesting that free will paradoxically exists inside the boundaries of fate. It may be concluded, however, that man has free will and is ultimately held responsible for his own actions.    Oedipus destruction was brought about by a combination of fate and freeRead MoreOedipus Rex Literary Synthesis1483 Words   |  6 Pages2012 The Tragic Destiny of Oedipus Sophocles’ Oedipus Rex is one of the most well- known tragic plays in existence. Oedipus, the King of Thebes, is the victim of a curse in which he must suffer the tragedy of his own unchangeable fate. The tragic heroism of Oedipus befalls him because of his heroic qualities and his loyalty to his Thebans and to himself. His unchangeable destiny affects so many others throughout the play. These others’ subsequent suffering that Oedipus brings upon them helps contributeRead MoreOedipus The King : The Presence Of Gods1509 Words   |  7 PagesThe presence of gods in Oedipus the King, although it is not explicit nor do they appear physically present, is distinct and unmistakable. The figure of Apollo and his Oracle declares itself as a prominent being to Grecian society, the place where both Oedipus’ biological parents went to uncover the future of their son before his birth and where Creon is sent to uncover the reason behind the plague of Thebes. The role of G od in this play reveals the truth of the future, binding the three elementsRead MoreOedipus The King By Sophocles1598 Words   |  7 PagesThe events in Oedipus the King, written by Sophocles, suggesting a connection between man s free will towards perfection in life or fate which the ancient Greeks believed that Gods had given to them. Man was free to choose and was ultimately held responsible for his own actions. Both the concepts of fate and free will are a poignant factor and they play an indispensable role in the Oedipus destruction. Oedipus was a victim of fate when he was predicted from birth to someday marry his mother andRead MoreOedipus Fate from the Gods and His Choices Essay654 Words   |  3 Pagesthink they can determine their own destiny, but, as the Greeks believe, people cannot change fate the gods set. Though people cannot change their fate, they can take responsibility for what fate has brought them. In the story Oedipus, by Sophocles, a young king named Oedip us discovers his dreadful fate. With this fate, he must take responsibility and accept the harsh realities of what’s to come. Oedipus is a very hubris character with good intentions, but because he is too confident, he suffersRead MoreDramatic Tragedies: Oedipus Rex and Hamlet Essay714 Words   |  3 Pagescreated plays similar in nature such as; â€Å"Oedipus Rex† and â€Å"Hamlet†. Both plays were consistent of dramatic tragedy. Sophocles wrote about the typical Greek tragedy that consisted of an ill-fated doom for Oedipus. Shakespeare wrote about Kingdom of Denmark where all things fell apart and death was imminent. Each story consisted of a queen that was important to the outcome of each play. Gertrude was the queen in â€Å"Hamlet†, and Jocasta was the queen in â€Å"Oedipus Rex†. Gertrude and Jocasta were both widowsRead More Oedipus the King - The Character Transformations of Oedipus Essay1250 Words   |  5 PagesOedipus the King - The C haracter Transformations of Oedipus Through the character of Oedipus, Sophocles shows the consequences of defying the divine order. Oedipus served Thebes as a great ruler, loved by his subjects; but, like most in the human race, he slipped through the cracks of perfection. Oedipus had many faults, but it was primarily the tragic flaw of hubris, arrogance from excessive pride, which doomed his existence, regardless of the character attributes that made him suchRead MoreOedipus The King Essay1360 Words   |  6 Pagesby the emotional discharging brought about by the suffering of a heroic figure. In Oedipus The King, by Sophocles, the agony of pain attacking the protagonist is a result of his tragic flaw. Sophocles often uses a characters hamartia to alter or influence the future or outcome of the hero, in this case, Oedipus. Oedipus hubris traps him into fulfilling the vision and intensifies his punishment. Oedipus pride is an inherited characteristic. Even before his glory and power as King of Thebes

Human Organ Shouldn’t Ligalize Free Essays

The sale of organs means that organs are removed from inside the body for the purpose of commercial transactions. Although the sales of human organs have been done since long ago, and there are many claims and proposal to make it legal, a lot of oppositions are against this idea. * Money the purpose Considering the poor status of most donors, one of the primary stated reasons for organ selling is to pay off debt. We will write a custom essay sample on Human Organ Shouldn’t Ligalize or any similar topic only for you Order Now Those who are poorest are frequently seen as more reliable targets for transplant tourists because they are the most in need of money. It is said by the other side that legalizing the organ sale can help people who are in need to continue to survive. But at the same time, it also increases money desire for many poor people. For example, in 2007 a man in UK tried to sell his kidney online for 24,000 pounds in order to pay off his gambling. * Increase crimes and black market Legality of the organ sale would even encourage organ theft through murder and neglect sick individuals for a financial gain. There are many case like beautiful girls or handsome men trying to attract someone and flirting around with them until they agree to go with n end up waking without kidneys. Another example, Few families would turn down the opportunity to receive compensation (ensure financial stability or the dead is the main earner), so they may charge the hospital the same price, or they will turn to black market for higher price. Besides, there might be some criminal who break the promise to pay the donor higher amount for the organ than it was actually paid out or even escape without payment. * Imbalance between the rich and the poor Payment for organ is likely to take unfair advantage of the poor. Even if organ trade is legalized, it is still the third – world wealthy people who can afford the organ for transplantation. And the poor people are still vulnerable and unfortunate because they are the one who always make donation. Moreover, it is injustice to give pure organ to those rich people who usually spending lot of money on drinking, eating, party, and cause the disease by themselves. * Health: The  WHO  first declared organ trade illegal in 1987 *Affect to living donor Although some medical research proved that there are not many effects on the donors with their left organs. However, a question is asked that if it is not so important, why people are born with both organ, for example kidneys or livers. Kidneys or livers do not regenerate as the other human products like blood or sperm. WHO reports has shown that there is decrease in human well being, especially, those who make living on physical labor. 96% of donors regret selling their organs. *Affect to recipient It is risky to introduce trafficking diseased organ to recipients because those donors often comes from the poor population where they don’t live well and receive good health care. There is a possibility of 1:18 to acquire HIV from such transplant. The diseases don’t show up on the screen of the analysis probably because they just start within three weeks before the donor’s death. One more thing is the change of recipients’ body rejecting of organ result from different blood type or genetic make-up. * Ethical concern *Violate human right The state often denies individuals the right to do certain things with their bodies because they may not make good decision for themselves. Furthermore, any procedure which tends to commercialize human organs or to consider them as items of exchange or trade must be considered morally unacceptable, because to use the body as an object is to violate the dignity of the human person. World Health Organization said that the transplantation promotes health but transplantation tourism violates human right. Organs can be bought and sold arbitrarily. *Corruption There is corruption in healthcare system and government and it sometimes turn to organ trafficking. For instance, In India, a patient unaware that his kidney transplant procedure took place and was asked to pay after that. For example, in 2006 China made selling of executed prisoners’ organs and claimed that those prisoners had filed agreement and permission, but still the Chinese officials are suspected of these corrupted activities that the profit might go to them not the donors or their families. * Religion For the religious view, body and soul are one entity and very valuable that cannot be treated as property and make business. Traditionally, Muslim believes that oppose donation from human living and deceased donors because the human body is sacred thing from God so any part of the body must not be separated in life or death. Chinese customs call for people to be buried or cremated with the body complete orginally. One die-hard superstition has it that if an organ is taken from a body after death, the person in question will be reborn with a handicap in that organ in his or her next life. Nowadays, trade in human organs is illegal in all countries except Iran. Before, India and Philippine used to legalize this activity too but it turns out that they ban it later on, and it is clear enough why it couldn’t be practiced. There must be many complicated issues occurred. Solution The solutions have been put forward to both increase the amount of legally available organs and stop the flow of illegal organ trafficking around the world. One policy is â€Å"presumed consent†. (Successful in Brazil, US, several nations of Europe and increase the amount of organs available), patient can choose not to donate by submitting document. Worldwide, the trend has been move toward increased regulation of organ trading internationally. How to cite Human Organ Shouldn’t Ligalize, Essay examples

The Health of Global Housing Market

Question: Explain The Health of Global Housing Market. Answer: Introduction: The health of the global housing market around the world is the thriving issue as it is the mere existence of the shelter for the 3 billion populations. The housing market is believed to be the most volatile market with the recent boom and busts in the market, the market is somewhat misbalanced and need an urgent recovery. The ever increasing population along with several other factors augmented the demand for the houses. Out of the 26 markets of housing around the world, 19 markets reveal a rise in the house price at a median pace of 5.2% per year. (the economist, 2015) as large portion of the income of the individuals are engaged in the purchase of the house, the market has gained importance. It has been a concern in the world of the housing market as there is disequilibrium in the market. The disequilibrium in the housing market is due to the shortage of supply of houses which is mainly due to the population growth and the increased demand for houses. In order to assess the disequ ilibrium in the global housing market, the demand and supply of the housing market with the pressure it created on the price of the houses will be discussed in this paper. (priemus, 2014) Global housing market: Housing market is the most essential part of any growth in the countries but during the global financial crisis, the housing market has witnessed too major booms. Thus it can be said that the housing market is vulnerable and full of crisis. In this section, the current housing market condition will be presented. The global housing market with all the policy tools that most of the countries have implemented is recovering at a slow pace but till the year 2014, the global housing market was booming for the worst. (the housing market, 2014) the global house prices for the year 2014 had been increasing at an alarmingly rate which can be attributed to the growth in the credits around the world. The availability of credit has become easier these days which have augmented the people to demand and purchase the houses increasingly. It can also be said that with the rise in the house prices the credit growth also increased. In most of the oecd countries the house prices have been increasing rap idly as compared to the income of those countries. Thus, the house price-to-income ratio has increased over the years. There is also a similar relation between the house price and the rent. House prices here also increased more than the increase in the rent giving a hike in the house price-to-rent ratio. Thus, it can be inferred that the house prices were increasing alarmingly which led to the question of disequilibrium in the global housing market. (imf.org, 2015) The determinants of the demand and supply of the housing market which abides by the law of demand and supply is discussed. Demand for house: Price: the main determinant of the demand for houses is the process of the houses. Since house is a normal commodity and is considered to be an essential commodity, so with a rise in the price the demand for house will increase establishing the inverse relationship between them. Population: as the population of the world is increasing, the demand for houses will increase. The increase in the population size is owing to the high birth rates and the increased level of migration across different parts of the world. Income of the households: the increase in the national income as well as the disposable income will lead to an increase in the demand for house. The increase in the demand will give the individuals more purchasing power and they would be able to afford and purchase houses. Interest rates: the interest rates offered by the banks and the money lenders initiate the purchase of house and increase the demand. Thus, the lower the interest rate, the cheaper is the interest payment which will increase the demand for houses. For example, the interest rate in the uk was as low as 0.5% which triggered the loans and mortgages in the country give the confidence to the purchaser of the house. This has increased the demand for houses. (imf.org, 2015) Availability of credit: the low deposit norm and other formalities of the acquiring loans have eased out which gave the home buyers the benefit to buy houses easily. Thus, the easy availability of loans and mortgages has led to the increase in the demand for houses. (spence, 2015) Expectations: the upward rising trend in the housing market encourages the buyers to speculate that the current purchase of the house would prove to be beneficial. Thus a bullish housing market will lead to an increase in the demand for houses. (bahadir and mykhaylova, 2014) Supply of house: Price: the determining principle for the supply of houses is the price of the houses. As the law of supply suggests that with an increase in the price the supply of the houses will also increase. This proves that there is a positive relationship between the price and the supply of house. Availability of land: the supply of new house building depends upon the availability of land. The population growth has exerted a pressure on the land which made it difficult for the house builders to acquire land for building house4s. This has led to the decrease in the supply of the houses in the world. Cost: if the cost associated with the factors of production of house like the raw material and the wage of the masons increases then the supply of the houses would fall. (stevenson, 2008) Government regulations: the legislations undertaken by the government of different countries can influence the supply of houses. The stern house building requirements will deter the house builders on the other hand if the regulations on the planning of the houses are relaxed then the supply of houses will increase. For example in london dockyards government had relaxed the house building regulation which speeded up the process of house building. (bates, giaccotto and santerre, 2014) Subsidies: subsidies that are provided to the house builders might encourage them to build more houses which will increase the supply of houses. But in reality this is not the case. There was no proper structure of subsidies that led to a decrease in the supply of houses. Equilibrium in the housing market: The demand for the houses and the supply of the houses intersect each to determine the equilibrium price and quantity. In the short run, it is assumed that the supply of the houses is relatively inelastic as it takes some time to build a new house, so the short run supply curve is a steeper upward sloping straight line. Whereas the demand for houses is negatively related to the price of the houses so the demand curve for the house is a downward sloping curve. Diagrammatic representation of the equilibrium in the housing market is depicted below: The equilibrium in the housing market occurs where the demand curve for house equals the supply of house curve. The point e is the equilibrium point from where the equilibrium price p* and equilibrium quantity q* is determined. (arnold, 2014) Disequilibrium in the housing market: It has been already discussed that the housing marketing is in disequilibrium due to the alarming increase in the demand for houses which has led to a situation of excess demand in the world. The excess demand for houses has raised the price of the housing. The boom in the housing market would disturb the economic balance of the global housing market. (amosweb.com, 2015) Diagrammatic representation of the disequilibrium in the global housing market is depicted below: The disequilibrium in the housing market is owing to the situation of the excess demand for houses indicated in the diagram. The demand for the house increased and the demand curve shifts to the right. Though the demand for the house increased the supply of the house remained constant at the initial level of equilibrium which has led to the situation of shortage of supply of houses. The situation exerted an upward pressure on the price as result the average price of the houses increased from p* to p1. It can also be seen that the quantity of the house has increased minimally from the q* to q1. Thus, there is clearly disequilibrium in the housing market. There are four reasons behind the disequilibrium in the housing market which are discussed below: Population- the first reason behind the disequilibrium is the tremendous growth in the world. There is not sufficient land for the new entrants into the world. The non-availability of land has limited the supply of the houses. Thus, there is a shortage of houses and excess demand for houses. Since the demand and the supply do not match with each other, hence there is disequilibrium leading to a rise in the price of the houses. Low interest rate- most of the individuals purchase houses wither by taking loans from the banks or mortgaging some valuable asset. Now if the interest rate is lowered as in the case of uk, where the interest rate is 0.5%, the buyers gain the confidence to acquire loans and purchase houses. This is because low interest rate would keep the interest payment and the mortgage payments low. So the buyers would be able to take loans and buy houses. Again the demand for houses is high but the supply of the houses is limited due to the non-availability of land. The mismatch in the demand and supply of the houses causes disequilibrium in the housing market. (zabel, 2014) Income- after the global financial crisis, the world is gaining pace and recovery has been taking place at a faster rate. The economic recovery has led to the improvement in the growth in the countries. This growth can be estimated from the rise in the national income and thus the disposable income of the individuals which have led to the increase in the purchasing power of the individuals. The individuals can new purchase more of the houses. This led to the increase in the demand for houses but the su0pply remained constant. Thus, there still remained disequilibrium in the housing market. (won-am park, 2014) Bullish expectation- the above reasons that caused disequilibrium in the housing market has also caused the price of the house to be rising over the years. The bullish housing market has gained the confidence of the buyer regarding the beneficial expectation from this market. Thus, this positive expectation led to the increase in the demand for houses and thus again caused disequilibrium in the housing market. Recommendations: The disequilibrium in the housing market can be removed or solved only when the supply of the houses will increase. The diagram representing the journey from disequilibrium to equilibrium of the housing market is depicted below: If the supply of the houses will increase then the supply curve shifts leftward and the intersection of the increased supply and demand curve has occurred at e1 where the price has dropped to the original equilibrium position at p* but the quantity of the houses have increased much more than the The process of house building must be fastened up. For example; uk government had initiated the home information packs that aimed to speed up the process of home buying. The government must provide enough subsidies to the house builders. This would encourage them to increase the house building plans and thus, increase the supply of houses. Another aspect is the relaxation of the house building norms must be incorporated by the government in order to increase the supply of houses in the world. (abel, bernanke and croushore, 2014) Conclusion: The housing market is referred to have been a bubble market because it had experienced two major busts and booms in the past. In this paper the economics of the demand and su0pply of the housing markets have been presented along with the equilibrium in the market. The rise in the price of the houses is the global issue or the problem that must need urgent attending. The reason behind the price rise paved path for the disequilibrium in the housing market which is already discussed. Lastly, there are several solutions and recommendations that when implemented by the government will help to remove the bubble in the global housing market. (hyun et al., 2014) References: Abel, a., bernanke, b. And croushore, d. (2014).Macroeconomics. Boston: pearson. Amosweb.com, (2015).Amosweb is economics: encyclonomic web*pedia. [online] available at: https://www.amosweb.com/cgi-bin/awb_nav.pl?S=wpdc=dspk=market+disequilibrium [accessed 7 may 2015]. AndreÃÅ' , c. (2011).Improving the functioning of the housing market in the united kingdom. Paris: oecd publishing. Arnold, r. (2014).Microeconomics. Mason, ohio: south-western cengage learning. Bahadir, b. And mykhaylova, o. (2014). Housing market dynamics with delays in the construction sector.Journal of housing economics, 26, pp.94-108. Bates, l., giaccotto, c. And santerre, r. (2014). Is the real estate sector more responsive to economy-wide or housing market conditions? An exploratory analysis.The journal of real estate finance and economics. Hyun, h., lee, h., park, m. And hwang, s. (2014). Housing market participants' decision process and the dynamics of ripple effect on korean housing market - focusing on the cause of housing market stagnation and housing policies after 2008 global financial crisis -.Korean journal of construction engineering and management, 15(5), pp.147-159. Imf.org, (2015).Housing markets, financial stability and the economy. [online] available at: https://www.imf.org/external/np/speeches/2014/060514.htm [accessed 7 may 2015]. Imf.org, (2015).Imf global housing watch. [online] available at: https://www.imf.org/external/research/housing/ [accessed 7 may 2015]. Priemus, h. (2014). Housing market reform agenda.Critical housing analysis, 1(1), p.1. Spence, p. (2015).Mortgage approvals hit six-month high as house prices 'set to rally'. [online] telegraph.co.uk. Available at: https://www.telegraph.co.uk/finance/economics/11503774/mortgage-approvals-hit-six-month-high-as-house-prices-set-to-rally.html [accessed 7 may 2015]. Stevenson, s. (2008). Modeling housing market fundamentals: empirical evidence of extreme market conditions.Real estate economics, 36(1), pp.1-29. The economist, (2015).Location, location, location. [online] available at: https://www.economist.com/blogs/dailychart/2011/11/global-house-prices [accessed 7 may 2015]. The housing market. (2014).Economic outlook, 38(1), pp.59-60. Won-am park, (2014). Global financial crisis and housing market in korea: characteristics and bubble test.Kukjekyungjeyongu, 20(4), pp.71-95. Zabel, j. (2014). A dynamic model of the housing market: the role of vacancies.The journal of real estate finance and economics.