...Impact of Education on Growth 27.05.2015 Applied Econometrics İpek Tuğrul 15415 İpek Tuğrul 15415 27.05.2015 Term paper: Impact of Education on Growth As a basic theory which is always taught in economics, the effect of education on the economic growth of a country is always positive. In order to further verify this theory, the authors of many books provide examples which complement it. If we go deep into this theory and search for other evidence, we come across different researches done by economists and statisticians who have analyzed the theory to a great extent. In order to differentiate their studies they have done their empirical research on the subject by using different econometric models. Even though the underlying result i.e. derived from their research is the same, yet these models have different comprehensive implications, something which will also be discussed in our review. As a part of our review we have taken four different research paper written by different researchers, which have the same fundamental scope. However, the origins of these researches are subject to geographical changes and this has been done in order to prove our basic rationality of the theory. The critical reviews consist of the methods used by the authors and the way they have tried to analyze the empirical evidence by using econometric models. The first article which we will be reviewing in our...
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...perceived as an institution that imparts higher education to produce all kinds of highly skilled manpower the society needs for its overall development. It undertakes research to create knowledge for national and global benefit. The universities and societies are interdependent. They help each other develop. In the final analysis a university is an institution of higher learning. However, this characterisation does not encompass all the roles a university plays. There was a time when roles of the universities were limited, elitist and exclusively for men. Oxford and Cambridge admitted women several centuries after they were established. The establishment of the oldest universities was church based. However, the intellectual discourses at the universities revealed a need for qualitative change in their role. By early 19th century, the modern universities dropped their elitist attire and started getting inclusive, admitting both men and women from all strata of society. The modern universities paved the way for rapid social and cultural changes, becoming more secular and democratic. The changes gradually transformed the universities into cultural institutions that mold young minds. Andre Beteille says: "University education became socially significant because, as open and secular institutions, the universities served as examples and models of a new kind of social existence. The universities provided fertile breeding grounds for a new ideal of social life." This makes a...
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...Development is required in every individual to every nation in all aspects and for development to happen, science and technology go hand in hand. Basically science is known as the study of knowledge, which is made into a system and depends on analysing and understanding facts. Technology is basically the application of this scientific knowledge. For any successful economy, particularly in today’s quest for knowledge based economies, science, technology and engineering are the basic requisites. If nations do not implement science and technology, then the chances of getting themselves developed becomes minimal and thus could be even rated as an undeveloped nation. Science and Technology is associated in all means with modernity and it is an essential tool for rapid development. Modernization in every aspect of life is the greatest example of the implementation of science and technology in every nation. With the introduction of modern gadgets in every walk of life, life has become simple and this is possible only because of implementing science and technology together. Without having modern equipment’s in all sectors, be it in medicines, infrastructure, aviation, electricity, information technology or any other field, the advancement and benefits that we face today would not have been possible. A nation who is not able to prosper on these grounds would never be able to sustain the lives there and may have to solely depend on other nations for the basic requirements. Such is the...
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...is always a relationship between technology and society. Technology is an object created by man to assist in achieving some goal. "A technology is a body of human knowledge that can be passed along from one place to another and from one generation to the next" (Web). Technology is the human seek for solutions and the human process of applying resources to satisfy our wants and needs to survive, and subsequently this process is used by society to solve problems and extend our capabilities . Nowadays, technology is everywhere around us and it is seem to be invisible because it is so user friendly and even people using it may not realize that. "Technology has changed the world and the ways of society. Many inventions, discoveries and developments of technique have influenced society" . The influenced society issues are examined from the following perspectives such as security, commercial competition and survival, dependency, social, environmental, communication, political, the Mass Communication Medium, Food Technology and Transportation . In security perspective, the most fundamental instinct of either animal or human is to survive . Technology has been used from one generation to the next generation through out the...
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...students with special needs along with the other students in the classroom both benefit. Research has shown positive effects for children with disabilities in areas such as reading individualized education program (IEP) goal, improving communication and social skills, increasing positive peer interactions, many educational outcomes, and post school adjustments. Positive effects on children without disabilities include the development of positive attitudes and perceptions of persons with disabilities and the enhancement of social status with nondisabled peers. Several studies have been done on the effects of inclusion of children with disabilities in general education classrooms. A study on inclusion compared integrated and segregated (special education only) preschool students. The study determined that children in the integrated sites progressed in social skills development while the segregated children actually regressed. Another study shows the effect on inclusion in grades 2 to 5. The study determined that students with specific learning disabilities made some academic and affective gains at a pace comparable to that of normal achieving students. Specific learning disabilities students also showed an improvement in self-esteem and in some cases improved motivation. Now a day’s many Filipino’s had a lessen IQ. They cannot understand well in a short day, and in a short year of education so, I think K+12 programs are boon. Why boon? It simple because Filipino’s should learn...
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...present a different story. Another error forwarded by the author is fade out which suggest that even if students benefit from highly evaluated teachers the effects fades out once they join other classes or graduates to different institutions of higher learning. Most important is the implementation challenge which paints the bigger picture, that the evaluation method may not be practically adapted in a system as it would mean the teachers with the highest scores remain working while the rest are left out of the program (pp.6-7). Thesis Education program logistics and Individual student love of education evaluations are better variables compared to teacher evaluation based on overall student performance. Following the November 20, 2013 article in the New York Times campaigning to recruit top students to become teachers more questions than answers in regard to educationist evaluation based on student performance arise. The Department of Education seeks to recruit young high achieving college graduates and retire some one million teachers within the next 4-6 years. With Microsoft funding the campaign contrasting opinions range from the effects of using standardized testing in teacher evaluation to the many changes undertaken by the ministry. The looming question is whether the new system is...
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...Every year the imperialists’ influence on Bangladesh becomes apparent when the Bangladesh Development Forum (previously known as Paris Consortium) meeting is held. This year this meeting was held on May 16 and 17 in Dhaka. In these meetings Finance Minister, Saifur Rahman, met the so-called ‘development partners’ (IMF/World Bank and others) who gathered to pledge money (loan and aid) to help develop the nation. The meetings were hailed a great success as $2 billion in aid were promised to Bangladesh over 3 years. Our governments boast at the amount of funds they can manage from the donor agencies. They present their ability to get money from these donor agencies as a sign of their brinkmanship and claim that this is the only way to solve the nation’s economic problems. In this paper, Hizb ut-Tahrir, Bangladesh exposes the oppressive capitalist nature of the budget and shows how the entire economy of Bangladesh, through a complex package of measures, is being brought under the total grip of the imperialists. ! " # $ % & ' Every year when the budget is presented, one of the most common discussions is that revenue target has not been achieved. Tax is the main source of revenue in Bangladesh (around 95% of total Government of Bangladesh GOB revenue), especially import duties (around 66% of tax revenue). Contribution of VAT (including import) currently stands above 40%. In the name of reform of tax regimes and restructuring of the tax administration, the GOB reduces the...
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...Gallaudet University Attending university is a unique life experience most people dream of going through since they were young. While there are many types of higher education, 4-year universities, technical schools, online schools, there is one school that stands out in terms of quality and service; Gallaudet University. Established in 1864 and named after one of the founders of the school, Gallaudet University is the leading private university specifically designed for deaf and hard of hearing people and is located in Washington D.C. Gallaudet has much to offer such as programs in liberal education and career development, athletics, and an enjoyable campus life. Gallaudet University will build upon its rich history as the world's premier higher education institution serving deaf and hard of hearing people to become the university of first choice for the most qualified, diverse group of deaf and hard of hearing students in the world, as well as hearing students pursuing careers related to deaf and hard of hearing people. Gallaudet will empower its graduates with the knowledge and practical skills vital to achieving personal and professional success in the changing local and global communities in which they live and work. Gallaudet will also strive to become the leading international resource for research, innovation and outreach related to deaf and hard of hearing people. (Vision Statement of Gallaudet University; Gallaudet.edu) Gallaudet is achieving their vision statement...
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...reverse is true. A lot of resources are moving from poor countries to richer ones. There has also been an imbalance on investment in technology. Technology advanced in rich countries. In poorer off countries technology has lagged behind, meaning that richer countries would benefit. Debts of poor countries are a sign that globalization has failed to work. Poor countries get short term loans. The rich countries peg the moneys in hard currency such as GBP or USA$. So when countries accrued interest payable, it is too big if translated into domestic currencies. This means that poor countries get poorer, yet richer countries become even richer. What are the principal causes? The real causes of such imbalances and problems are many. One problem is that of ideas promulgated by IMF and World Bank, through their policies. They give policies that are “one size fit all type.” This means that some countries cannot afford those measures. One underlying issue is that economic globalization has fast-paced political globalization. Economic globalization requires countries to integrate and be interdependent. However, there is political fragmentation that cannot support economic globalization. Developed countries want agreements that meet only their interests. Free trade agreements do not translate into real free business on the ground. The issue of intellectual property is not fully addressed on a global level. Ethical considerations One of the main ethical considerations should be...
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...River Springs Academy River Springs Academy is committed to providing high quality academic programs that meets the highest standards of evidence for efficiency in theory and in practice. Based on highly respected theoretical models, our school applies research findings to produce statistically significant improvements in children’s behavior and academic performance while building social capital among parents, families, schools and communities. River Springs Academy is built on the theoretical foundations and rationale of our philosophy of providing the highest and upmost quality of education as well as experience through extensive, up to date scientific studies, and research. River Springs seeks to provide the best possible academic experience...
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...26 CHAPTER ONE INTRODUCTION OF THE STUDY 1.1 Introduction The right to quality education is one of the basic human rights stipulated in the universal declaration of human rights 1948.In Kenya this right was be recently livened through the launch of free primary education program by the National Rainbow Coalition government (NARC) when it took power in 2002. Compulsory free primary school education for Kenyan children was one of the key pre election promises that made the government of President Mwai Kibaki to ascend to power in December 2002. Since then an estimated 1.5 million children who were previously out of school have turned up to attend classes. Though education is normally considered the responsibility of the state, the community should also realize their role in development of education (sifuna 1999).This section of the chapter aims to introduce the topic under study in an explicit manner. To achieve this, it has been divided into the following sections: background of the study, statement of the problem, objectives of the study, research questions, significance of the study, limitations of the study and finally scope of the study. 1.2 Background of the Study Primary education in Kenya begins at the age of 6 or 7 years after completion of kindergarten commonly known as pre-unit. The first class or year of primary school is known as standard one and the final class or year as standard eight. Primary school children are known as pupils. The schooling year for...
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...other, experiment, and have fun. Five elements of Cooperative Learning: 1. Positive interdependence: o Each person is responsible for a different learning issue. o Each is responsible for sharing information and teaching each other. 2. Face-to-face interaction: o The team works together to make a solution plan. o The team re-groups regularly to review progress and reassess goals. 3. Individual accountability: o Each person: does research, writes up results for the group. 4. Collaborative/social skills: o The team reviews reports/progress together and edits each other’s work. o The team shares resources and ideas effectively. o Cooperation, communication, trust, and effective leadership are key. 5. Group processing: o Assessment of group performance by the group. o The team discusses what they have learned and what problems still exist. The Five Stages of Group Development (Bruce Tuckman): 1. Forming o Team building: define team & individual roles, develop trust and communication o Task: define the problem & strategy to solve it, identify needed resources 2. Storming o Conflicts arise, collaboration is low, members realize the task is harder then they first imagined o Diagnose conflicts: Find out if everyone agrees on goals, roles & responsibilities. Try to identify the problem, and work out a solution that meets...
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...media strategy and rich media repository at the top of the list. While video is permeating almost every aspect of campus life – from teaching and learning to marketing, development, communications and admissions - the approach has generally been haphazard, resulting in silos of content that lack a coherent framework for Security, Access Control, Rights Management, Discoverability, Accessibility and Search. For many, a potential rich-media management crisis is looming on campus, and this impending crisis is only exacerbated by today’s ed-tech trends, which all rely heavily on video to thrive – flipped classrooms, personalised learning, blended learning, social learning, and of course MOOCs. Add the complexity of allowing (and supporting) students and faculty to Bring-Your-Own-Device (BYOD), and you have a recipe for an IT nightmare. According to Kenneth C. Green of The Campus Computing Project: “Fewer than 30 percent of CIOs and senior campus IT officers representing some 540-plus U.S. colleges and universities surveyed by Campus Computing in fall 2012 report that their institution had a strategic plan for content management. For most campuses, a video management strategy is an ‘after the fact’ initiative as opposed to an ‘ahead of the curve’ strategy.” But why should CIOs care about video so much? Because of a few compounding factors: 1. Video is the foundation of the two most important trends in EDU right now a. flipped classroom b. distance education By setting the...
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...dissimilarity in gender? What about school work and academic performance along with academic success? Can gender be a predominating factor in determining a child’s IQ level? Is there a legitimate difference in boys and girls when determining academic ability? And, does gender help determine any level of academic success? Some might say that these are some pretty absurd questions but others who have taught both boys and girls in any realm of subjects, on any level could tell you that there is probably some relevance to that question. Lets begin with the history of single sex schools. Schools in early 17th century America were first modeled after English learning institutions after Puritans immigrated over to the English colonies. Originally only rich white males were allowed to attend school to learn how to read and write. In many cases, most parents placed their boys into the nine month long curriculum to keep them out of mischief. For the other three months of the year, students would be released from school during the summer months to lend a hand on their family’s farms to help cultivate the land and raise animals. During the summer months, wealthy white girls attended these same schools often taught by a female instructor to learn to read and write. Of the girls who could attend the schools, many were kept at home to be taught the essentials for their future such as cooking, sewing, and the care-taking of babies and toddlers. Fast forward one hundred years and the first coeducational...
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...A Closer Look at Business Education June 2007 ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ : Bottom of the Pyramid INTRODUCTION: Global poverty exists today at a startling scale; while the exact numbers are debated, some estimate that four billion people worldwide live on less than two dollars a day.1 According to C.K. Prahalad and Stuart Hart, both Aspen Institute Faculty Pioneer Award recipients, companies should not ignore these traditionally overlooked people, collectively dubbed the “Bottom of the Pyramid,” because of their considerable combined purchasing power.2 Thus, if companies are innovative enough to create or tailor their products to the economic realities and life needs of these people, a significant profit can be won. At the same time, this group’s entry into the market would hopefully better their quality of life and aid in regional economic development. Three well-publicized examples will help illustrate the base-of-the-pyramid concept. First, Grameen Bank was started by Nobel Prize laureate Muhammed Yunus in Bangladesh to offer mini-loans to entrepreneurs who wouldn’t qualify for traditional bank loans based on collateral.3 As of May 2007, over seven million people have...
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