by factsofedu | Apr 23, 2014 | ECONOMICS OF EDUCATION
Economists all over the world, both of the West and the East, hold that education is a vital instrument of economic development. V.K.R.V.Rao, one of the well-known economists of modern India, gives a” big place” to education as a” residual...
by factsofedu | Apr 15, 2014 | PSYCHOLOGY
Teachers are the pivot of any educational system of a country. They measure the achievements and aspirations of a nation. They are the nation builders. Success or failure of any system depends largely on the teachers. “The true teacher is he who can immediately come...
by factsofedu | Apr 11, 2014 | PSYCHOLOGY
Education aims at the harmonious development of human personality. The school must provide opportunities for pupils to grow physically, mentally, emotionally and socially, in an atmosphere of freedom and community life. Growth is a continuous process. Hence, the...
by factsofedu | Apr 7, 2014 | ECONOMICS OF EDUCATION
Education is considered as the most important determinant of a person’s economic and social status. “Education is consumption as far as it satisfies cultural needs and attains cultural goals” says Schultz. Thus education is considered as consumption if it is imparted...