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Economic Efficiency In Education To A Best Study

The second approach which attempts to adapt education to this global economic/political/social situation aims at making the learner as economically competitive as possible. Economic-efficacy is understood in this approach to be education's major aim. Yet, rather than leaving education at the mercy of the laws of supply and demand understood in the manner delineated in the first attitude, here it is the needs of the economy at large which determine the content and pedagogy of the educational set-up. Hence, if the world economy requires people with more sophisticated technical skills, the wider teaching of skills like media and computer literacy is promoted and students are taught how to use these new technologies of information and entertainment, so as to be able to succeed in a hi-tech economy. Competitiveness-driven reforms, i.e. reforms aimed at educating society at large so as to make it more economically competitive, are enacted to attain such ends. In this regard, maintains that globalised economies need flexible and creative workers. This necessitates students to develop a fundamental ability - trainability; the disposition ...
... to be continuously taught and trained. Students must be able to cope with new requirements of 'work' and 'life'. The worth or significance of such requirements is determined by market forces.
This approach generally entails greater regulation and standardization regarding the ends of education, pedagogy and teaching. These standardizing trends are given impetus, not only with regard to a national educational system, but even on an international scale. An example of this can be drawn from the EU, wherein the internalization of higher education, common norms and practices and the Education Research Area are promoted, in order to increase academic mobility, Yet, as with the globalization of the economy, this international standardization of education indicates a trend rather than a fully-fledged state of affairs. maintain that education systems and policies remain largely controlled by the state and point to the deep divergences that exist among academic labor markets. Each country is developing its own solutions and answers to the evolving circumstances.
Proponents of this approach point to the benefits that are likely to ensue from such standardization and regulation. For instance, centralized provision of The European Computer Driving Licence to secondary school students - a course of studies which is highly required in view of the dominant position of Microsoft in the Information and Communications Technology (ICT) market - may enhance multinational investment in the country in question. Moreover, international interaction may also be facilitated and enhanced.
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