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Explain any four Economic condition for an increase in
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- If education is so important, why don’t people/households as well as the government invest equally in all levels of education?Governments can influence the character, quality, and content of their educational systems by manipulating important economic and non-economic factors or variables both outside of and within educational systems. What are some of these external and internal factors, and how can government policies make education more relevant to the real meaning of development?What do we mean by the economics of education? To what extent do you think educational planning and policy decision ought to be guided by economic considerations. Explain.
- What is human capital? Is education important in increasing the quality of human capital or not?What is functional literacy?Education can play an important role in shaping individuals’ norms andvalues. In what way can the content of education contribute to building moresustainable and resilient societies.
