Who is the father of economics in education?
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Father of Economics is Adam Smith
If we think about economics as the science that studies why some countries are richer than others, then the father is Adam Smith. On the other hand, the economics that domina…te undergraduate studies today are based upon the problem of how to allocate scarce resources having infinite necessities, then I think the fathers will be the economists of the so-called Marginal Revolution (Jevons, Menger and Walras), followed by Alfred Marshall.
How education contribute towards the economy. Accelerated development is brought about by educated people.. Dimensions of Economic Function of Education. There are two dimen…sions;. 1. Quantitative. 2. Qualitative. Quantitative. 1. Education produces the quantum of manpower that the economy needs at any time e.g. Engineers, lawyers, teachers, etc.. 2. Education equips manpower with skills.. 3. Adjust manpower to the changing needs of the society/economy.. 4. Revision of curricula in response to the dynamic rate of the economy.. 5. Long school years serve as gate-keeping mechanism to keep youth until a certain age from the labour market/ control the influx of manpower (latent function).. Qualitative . Education imparts 'know-what' as well as 'know-how'.. Know-what = subject matter.. Know-how = skills/methods and techniques of doing things.. Success on the job requires both. Qualities develop in individuals by education are;. - Honesty - respect - resourcefulness - truthfulness - handwork. - Leadership - faithfulness - initiative - creativity. - Punctuality - drive - foresight - regularity. - Independence - reliability - care of public property. - Pomposity (tactical diplomacy). BY ISAAC QUARTEY (REGENT UNIVERSITY COLLEGE OF SCIENCE AND TECHNOLOGY GHANA)
adam smith is the father of economics.
Adam Smith was the father of economics.
okay , education in general helps us work , but lets take from other point of view , if most of the philpino ppl dont study , the country is going to face aproblem where the d…emanded skills dont match the skills available with the ppl , therefore too unemployment will result in less country output or economical output ... . okay , education in general helps us work , but lets take from other point of view , if most of the philpino ppl dont study , the country is going to face aproblem where the demanded skills dont match the skills available with the ppl , therefore too unemployment will result in less country output or economical output ...
The education affects the economics in the Philippines by equippinglearners with certain entrepreneurial and technical skills. Thelearners can then later in life start their o…wn industries whichwill pump money in the economy of the Philippines.
ADAM SMITH is generally regarded as the father of economics.
Definition home economics education?
hele means Home Economics and Livelihood Education.....
home economics definitions
Co-education is economically beneficial in the way that infrastructure costs as well as staff costs are reduced by about half. Reasons: 1. Infrastructure costs Instead… of constructing two different buildings for boys and girls, one is enough. (That really makes no sense as the number of students in the country will remain the same and the number of buildings as well. But that's the advantage I've been given by the teacher!) 2. Staff costs The number of people working in the schools will be the same when boys and girls study in the same school... so additional employees will not be required. (This will not make sense either if you consider my notes above.) I've tried to help, even if I personally think that the benefits I've given above are not really right!
Studies have shown that there is a inverse correlation between educational level and unemployment rate. For example, in 1992 (yes, that was a long time ago) the rate of unempl…oyment for high schools drop out were at least 12% while the same rate for Masters and Dotoral degree earners were only 2%. In addition, as the educational level you get improves, employers are more willing to pay a higher price (wage) to buy your skills and thus, improving your economic status.
Mahalaga ang Education sa bawat isa sa atin, Sa pang araw araw angEkonomiya ay lagi natin nagagawa, nadadala, naririnig, onahahawakan, Kaya ang edukasyong pang ekonomiya ay ma…halaga
In the short-run, education develops human capital (i.e.) skills; training; ability) of labour, which is a primary input in production. Increasing human capital lowers produ…ction costs. In the long-run, education develops economic growth by affecting the creation technology. Since technology lowers the costs of production or increases productivity of factors of production, in causes economic growth.
This is a continues process in the management of cost, benefit & effectiveness of adult education programmes to achieve an end.