ECONOMIC EFFICIENCY OF LIFELONG LEARNING: The SCS in Greece and their exploitation.
Published:
Dec 27, 2017
Keywords:
Lifelong learning second chance schools Greek education economic efficiency
Abstract
The economic efficiency of lifelong learning is studied in the present paper in order to estimate then if the concerned educational structures are "efficient" or not. It is discussed the concept of investment in education, while this investment and its efficiency is tested. Special education relations and economic efficiency for the student will be taken into account in establishing the framework of empirical research. Specifically, the effect of the investment in education, initially through the theory of human capital is investigated. Moreover, it is demonstrated that the personal, educational and professional development of the individual leads to more effective achievement of objectives, better organization and management of working groups, personal schedules and increased efficiency and competitiveness. Furthermore, for the calculation of the investment in education is needed to study the efficiency of investment in education. Moreover, a key-tool for the study and analysis of cost efficiency is the method of cost - benefit that presupposes the estimated benefits and costs of investing in education. Finally, it is emphasized that the calculation of the efficiency of the training takes place in a marginal basis with the help of methods of consideration: the full method, the short method and the income function.
Article Details
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Τσάρπα Ι. Χ. (2017). ECONOMIC EFFICIENCY OF LIFELONG LEARNING: The SCS in Greece and their exploitation. Open Education: The Journal for Open and Distance Education and Educational Technology, 13(2), 35–45. https://doi.org/10.12681/jode.13806
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- Vol. 13 No. 2 (2017)
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- Section 1
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