7- EDUCATION AND DEVELOPMENT Flashcards
It refer to the amount of schooling embodied in a population.
Stocks
It is the net change in those stocks as the result of school enrollment patterns.
Flows
This refer to enrollments of only those of the relevant age group.
Net enrollment rates
It estimate how many children actually complete a certain grade level.
Grade survival rates
Schooling vs. Education
Students can sit through many years of schooling and learn very little, while education is measuring the ____
learning outcomes.
Schooling vs. Education
Schooling is only a means to an end; the real goal is ___
education
Education is a form of _____.
Human Capital
•Education is a “______ “ with positive ____.
public good, externalities
Education is an _____.
Investment