EDUCATION AND ECONOMIC DEVELOPMENT

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Learning Outcomes

The general goal of this course is to endow the student with the knowledge, skill, attitude and behavior required to understand the relationship between education and economy regarding economic development as a basic function of education. At the end of this course, the student; 1. will be able to define economic growth and development.
Defines the basic economic concepts.
Establishes the relationship between economy and growth.
Explains the place and role of economy in development.
discuss the effects of education on economic development.
Defines the terms as education and training.
Explains the role of education in economy.
Examines the relationship between education and economic growth.
establish the relationship between life expectations and level of development.
Establishes the relationship between life expectations (life expectancy) and level of development.
Establishes the relationship between the national income and duration of education.
Establishes the relationship between development level and the social roles undertaken by women.
Establishes the relationship between infant mortality and development level.
explain the difference between effectiveness and efficiency.
Defines the term effectiveness.
Defines the term efficiency.
Explains economic and technical efficiency with examples.
Portrays the differences between effectiveness and efficiency in education.
explain the term human capital.
Explains the social demand for educational and training opportunities.
Explains the individual demand for educational and training opportunities.
Lists the elements that influence the individual demand for education.
discuss the role of education in increasing the effectiveness of manpower.
Examines the relationship between education and human nature.
Explains the investment attributes of education with examples.
Explains the effects of education on human efficiency.
explain the externalities of education on a social system scale.
Defines the term social system.
Determines the place, role, and function of education in a social system.
Defines the term externality.
Explains the externalities of education with examples.