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What are the importance of economics of education to a policy makers?

      

What are the importance of economics of education to a policy makers?

  

Answers


Ruth
1. It enables the policy makers to know the magnitude of the cost and benefits that may
be associated with investment decisions on education and training.
2. It will also enable them to understand how efficiently these resources can be utilized
equitably to meet educational objectives.
3. Enables them to evaluate or assess the efficiency of various stages of education.
4. Enables them to understand the circumstances and problems of education and how
they can be tackled.
5. How the scarce resources can be produced or mobilized to be utilized within the
education sector.
NatalieR answered the question on June 17, 2022 at 11:51


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