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When the HRC modified it, it became a 100-point system, as opposed to Grant's 10-point one. [7] In its first year, the Corporate Equality Index awarded its 100 percent rating to 13 businesses. [8] Each year, there has been an increase in the number of businesses that achieve this rating.
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 ...
It is also argued that social promotion, by preventing elementary students from advancing at their own pace, is a key reason why they do not take their education seriously. Eliminating the social promotion system could make the incentives of merit-based promotion more effective early in each student's academic journey.
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process.It encompasses employee knowledge, skills, know-how, good health, and education. [1]
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Economic equity is the construct, concept or idea of fairness in economics and justice in the distribution of wealth, resources, and taxation within a society. Equity is closely tied to taxation policies, welfare economics , and the discussions of public finance, influencing how resources are allocated among different segments of the population.
Akarowhe found that Economics Education can be seen as a process, science and product: [2] as a process - economics education involves a time phase of inculcating the needed skills and values on the learners, in other words, it entails the preparation of learners for would-be-economics educator (teachers) and disseminating of valuable economics information on learners in other for them to ...
James Stuart (1767) authored the first book in English with 'political economy' in its title, explaining it just as: . Economy in general [is] the art of providing for all the wants of a family, so the science of political economy seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide everything necessary ...