Rate return approach in educational planning

There are four major approaches to educational planning. 1. Social Demand Approach: This approach was used in the Robbins Committee Report on Higher Education in Britain. In India too, this approach is a popular one while opening new schools and colleges in particular. In this method are involved the following steps: ADVERTISEMENTS: (a)To estimate the … of educational planning. To add insult to injury, however, the advocates of man-power forecasting scoff at the assumptions underlying rate-of-return calculations, while the proponents of rate-of-return analysis are equally scornful of the idea that man-power requirements can be predicted accurately. This report seeks to clarify the advantages and disadvantages of three approaches to educational planning, and suggests that an eclectic approach is necessary to deal successfully with the problems and prospects of future planning. Each approach is examined to determine its methodology, its alleged shortcomings, and its application in selected planning situations. THE RATE OF RETURN TO INVESTMENT IN EDUCATION: A CASE STUDY OF POLYTECHNIC DIPLOMA GRADUATES by SAHARAWATI BINTI SHAHAR Thesis submitted in fulfillment of the requirements for the degree of Master of Arts 5.2.4 The Rates of Return and the Discount Rates 109

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The manpower requirement approach 3. Rate of Returns Approach. I think social demand approach is more suitable for educational planning because! 1. The 'economic returns to education' approach to measuring the economic The " manpower forecasting5 approach to educational planning 5 6. This was true, whether one simply compared the rates of growth of inputs and output, or tried to

THE RATE OF RETURN TO INVESTMENT IN EDUCATION: A CASE STUDY OF POLYTECHNIC DIPLOMA GRADUATES by SAHARAWATI BINTI SHAHAR Thesis submitted in fulfillment of the requirements for the degree of Master of Arts 5.2.4 The Rates of Return and the Discount Rates 109

4.2 Approaches to Educational Planning Prof.S.G.Isave, Tilak College of Education, Pune-30 Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. five approaches to educational planning The word ‘planning’ has lost the undertones it had earlier of infringement with individual liberties and is becoming increasingly accepted by all as part of the vocabulary of development, each country having its own type of planning within its own political system. Academia.edu is a platform for academics to share research papers. The economic value of investment in education has typically been measured by its rate of return, frequently estimated by the internal rate of return or the earning function approach. Given the importance of the rate of return estimates for individuals and countries, especially developing countries, in making decision on educational investment, we need to know how these methods compare as Education leaders do not seek a monetary return on their investment, like business leaders do; they seek greater student learning, or other outcomes like student citizenship, higher graduation rates, or increased lifetime earnings and career options. They want to use their scarce dollars on what works best for students. Education Policy and Planning Process Sobhi TAWIL 8-10 March 2012. Contents 1. Policy definition and scope 2. The policy-planning process 3. Approaches to education planning 4. Monitoring progress in basic education. 1. Policy definition and scope. Definition of Policy Rate of Return Approach • Economic (capitalist) approach Explain the Rate of Return Approach of Human Resource Planning? Guru. Rate of Return Approach (cost benefit): One of the most under measured parts of a business is the human resource capital and it represents one of the biggest challenges facing business, namely finding the best and brightest people. It is these human resources or people who ultimately create value for the organization.

This report seeks to clarify the advantages and disadvantages of three approaches to educational planning, and suggests that an eclectic approach is necessary to deal successfully with the problems and prospects of future planning. Each approach is examined to determine its methodology, its alleged shortcomings, and its application in selected planning situations.

Explain the Rate of Return Approach of Human Resource Planning? Guru. Rate of Return Approach (cost benefit): One of the most under measured parts of a business is the human resource capital and it represents one of the biggest challenges facing business, namely finding the best and brightest people. It is these human resources or people who ultimately create value for the organization.

THREE APPROACHES TO EDUCATIONAL RESOURCE ALLOCATION. by W. G. Harman. U.S. DEPARTMENT OF HEALTH. EDUCATION survey of the three main approaches to educational planning problems: the social demand approach, the manpower forecasting ture on college education) much exceeded the rate of return on investments in the private sector of the

Also, the slow rate of decline of the returns to education over time dispells fears Blaug, M., "Approaches to Educational Planning," Economic Journal, No. 306,. 1a Rates of return to education, costs and benefits. Where possible, the In: Journal of Educational Planning and Administration 12(2) , 123–130. The Returns to Schooling: A Selectivity Bias Approach with a Continuous Choice Variable .