Measurement Of Education

One of the most important things today is education., which should be provided to all. There are different kinds of motivation, which helps the people promote schooling. The basic question that arises is that now much amount should be invested for the education of the people studies have shown that investments that bring out better education, gives back a better member of the society. Quality of studies can be measured easily, but could lead to bend decisions. Quality plays a major role in education. It brings out greater earnings for people. More educated the people, higher the economic growth. Analysis tells us that to improve the society you should strengthen schools and educate more people. Economic growth of a society tells us about its

Some people like to say that the effect of schooling on growth differs from what’s expected in the economy. Hence leading to failure, when it comes to education usage as growth in society. Everything these studies raise logical arguments for the topic the message shouldn’t be misunderstood. Measurement of education attainment can be imperfect. Researchers tend to ignore the basic measurement issue, which is caused due to difference in the education provided to people in different countries, as the studies might not be common in different countries. Other thing that people fail to understand is that even though human capital is significant for the economy. It’s not the only thing, which leads to growth. Before making any policies, we should take in account the structure of an economy. Quality of school and education has a great impact on economic growth. According to a few statistical analyses, we can say that different countries have different effect of growth due to education. Schooling might not be the actual root cause for growth in a society. Schooling has a positive impact on the society but it is not the only reason for economic growth.. Instead there are many other reasons that affect the economic growth. Growth is dependent on the quality. Countries with higher math and science background managed to excel more in their countries economic

It takes time for a graduate to start working and get noticed. The chart 1 represents the relationship between growth and education from the year 2006-2040. The curves tell us how much GDP improvement will take place 30 years. As these are slow reforms, a period of 30 years we would be able to see 4% growth in GDP. If there were faster reforms it would have a higher and faster level of gain in GDP. If there is a high level of growth in student education then the countries can pay the education expenditure with growth dividend. As per researchers, test scores of individuals is directly proportional to their salaries. The higher results the y get the higher will be the salary. Students who score well during their schooling tend to educate themselves more. The government focuses on the improvement of schools as it has clear authority on them. They provide schools with resources even without thinking if it is actually helping in the improvement or not. According to a data analysis done in US there is not much effect on students achievement just by providing them with resources. Taking in consideration the 2nd chart, which graphically represents that there isn’t a relationship between quality of education and the cost. The countries, which have low scores, tend to spend less, but this could also be because they are developing countries. Researchers tend to rely on data, which might not be