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...
by wpadmin | Mar 12, 2014 | ECONOMICS OF EDUCATION
Economics is “the branch of social study that deals with production, distribution and consumption of commodities having exchange value and with the social phenomena arising from such activities.” The resources available for the production and distribution of...
