Fundamentals of Macroeconomics ECO/372

Ethics Essay
The Virtue, Utilitarianism, and Deontological concepts all have something in a common. Each one of these three concepts concentrates on an individual’s actions leading to various options, in addition to how the options affected others. The variations within each of these concepts are who engaged and was impacted by those options. The Virtue concept concentrates on an individual's character. One could stay in their lifestyle by seeking quality in everything they and others do (Boylan, 2009). The Utilitarianism concept considers that an activity, which is created to the advantage of a team, is fairly appropriate, if it delivers the biggest advantage to that team (Boylan, 2009). Utilitarianism is frequently known through the motto, “The biggest excellent for the biggest variety (Boylan, 2009).” between the three theories, Deontology is the most different. This concept moves around ones choice to control. Deontologists create options depending on understanding that something is right without concern to the higher excellent of others (Boylan, 2009).
Ethics and Morality
Ethics and morality are often applied interchangeably, often the outcome in viewed in the terms such as excellent, bad, right, and incorrect (Trevino, 2007). Ethics has several techniques although the most typical is determined as the technology of correct and incorrect personal activities (Boylan, 2009). Morality can be described as how people associate and cure one another to experience good over bad and right over wrong (Trevino, 2007). The virtue concept can be ethical and non-ethical in regards to the accomplishment (Boylan, 2009). The concern for most is does one evaluate a person by a single activity, or do they use a combination of activities. Utilitarianism is an