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This list shows the government spending on education of various countries and subnational areas by percent (%) of GDP (1989–2022). It does not include private expenditure on education. It does not include private expenditure on education.
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 30 January 2025. Composite statistic of life expectancy, education, and income indices "HDI" redirects here. For other uses, see HDI (disambiguation). For the complete ranking of countries, see List of countries by Human Development Index. World map of countries and territories by HDI scores in ...
While India as a whole seems to prove the theory that a lack of female education is a barrier to economic development, an inside look at education and socioeconomics between states shows a more complex relationship. Comparison of states can also illustrate the complexity in education being both a cause and effect of social and economic factors.
There is generally an inverse correlation between income and the total fertility rate within and between nations. [3] [4] The higher the degree of education and GDP per capita of a human population, subpopulation or social stratum, the fewer children are born in any developed country. [5]
The Education Index is a component of the Human Development Index (HDI) published every year by the United Nations Development Programme. Alongside the economical indicators ( GDP ) and Life Expectancy Index , it helps measure the educational attainment .
Real GDP is an example of the distinction between real and nominal values in economics.Nominal gross domestic product is defined as the market value of all final goods produced in a geographical region, usually a country; this depends on the quantities of goods and services produced, and their respective prices.
The concept of inequality is distinct from that of poverty [5] and fairness. Income inequality metrics (or income distribution metrics) are used by social scientists to measure the distribution of income, and economic inequality among the participants in a particular economy, such as that of a specific country or of the world in general.