Socio-economic Pers

pective
Submitted to: Syed Kamran Ali
Submitted by: Amna Ali
Cours code:3111
Topic: Education and economic development
Meaning of Educatio
n:
The study of economic issues relating of
education,the functioning and provision of
education , and the comparative efficiency of
various educational programs and Policies.
Importance of educa
tion
• Education gives us a knowledge of world around us and
changes it into something better
• It develops in us ba perspective of looking of life
• It gives our students the building blocks for a successful
financial future
Objectives of educa
tion
• High and sustainable economic growth
• Balance of payment bin equilibrium
• Full employment or low unemployment
Stimulates economic
growth
• Education is important to increase in economic productivity
• The scope of educational services
1. Government officials
2. Voters experiences
3. School community
Economic benefits o
f Education
1. Range of job opportunities
2. Job security
3. Taxes paid to State
4. Life expectancy
5. Average earnings
Non-economic benefi
ts of education
1. Free democratic society
2. Preservation of nation 's culture
3. External benefits
• Healthier society
• More informed electorate
• Raised standard of living
• Enhanced economic growth