Give reasons why economists are interested in education.

      

Give reasons why economists are interested in education.

  

Answers


johnson

-Education has private and social benefits to the society which should be measured
Education has monetary and non-monetary return which economist want to evaluate
-Education makes workers more productive ,gives them skills and knowledge ,makes them efficient and because employers value educated workers.
-Makes us to cooperate and respect others.
-Gives individual abilities to do several tasks simultenously.makes individual to be geographically,vertically and horizontally mobile
-Education has positive neighbourhood effect with educated people.
-Education leads to economic growth and development.

johnson mwenjera answered the question on March 16, 2018 at 15:38


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