Balancing needs and resources, Microeconomics

Assignment Help:

Balancing Needs and Resources

planning is a balancing act. It involves the balancing of needs with resources towards set goals. Likewise, educational planning involves the balancing of resources (both physical and human) available to the education sector with the educational needs in such ways that they facilitate the realisation of educational goals set under the national policies of education. Education is both an instrument of integrated personality development of children at the individual micro-level and of national developmental goals. Economic growth is one of the foremost goals of national development. Hence education should be employed to achieve economic growth.


1991_Balancing Needs and Resources.png

Digarm: Balancing Needs and Resources

 

There are several approaches to achieve economic growth through education. Each one of these approaches, as evident from scientific research studies, has its own merits and limitations. The study and understanding of all these approaches are essential to appreciate the space for educational planning in economic growth. In the foregoing part of the unit, we will discuss some of the important approaches in this regard.

 


Related Discussions:- Balancing needs and resources

Tax, if the inverse demand curve is p = 120 - Q and the marginal cost is co...

if the inverse demand curve is p = 120 - Q and the marginal cost is constant at 10, how does charging the monopoly optimum and the welfare of consumers, the monopoly, and society?

Explain about banking cycle, Q. Explain about Banking Cycle? An economi...

Q. Explain about Banking Cycle? An economic cycle that results from cyclical changes in the attitudes of banks toward lending risk. When economic times are good, bankers become

State-owned enterprises should be encouraged or discouraged, Question 1: ...

Question 1: a. What is the supposed rationale for subsidising higher education in various developing countries? b. Do you think there is a legitimate rationale to the abov

Consumer behavior, Consumer Behavior The description of how consumers...

Consumer Behavior The description of how consumers allot their resources (income) to the purchase of various goods and services to get maximum in their well being. There a

Consumer surplus, What is consumer surplus? What is its significance and wh...

What is consumer surplus? What is its significance and what causes it to change?

Short run, A film studio in Hollywood produces movies according to the fun...

A film studio in Hollywood produces movies according to the function q = F(K;L) = (2=100)K^0.5L^0.5 In the short run, capital (studios, gear) is xed at a level of 100. It costs $

Cross price , Calculate the cross-price elasticity of demand between comput...

Calculate the cross-price elasticity of demand between computers and printers, where a 10 percent decrease in the price of computers results in a 15 percent increase in the quantit

What simplifying assumption does macroeconomic model make, What simplifying...

What simplifying assumptions does the traditional macroeconomic model make (in addition to those made in the NIPA)?  The simplifying assumptions are:  1) The household and i

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd