Qualification > Commerce
ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!
BlackBunny103:
Gosh I'm gonna have good time cramming for eco today :( Anyone cramming eco with me ;D?
Choc.Kits:
--- Quote from: aangel42 on June 08, 2010, 09:09:04 am ---Yeah seriously I swear to god, I don't even feel like studying anymore. I don't even really care anymore, lol. A month is just waaaay too much, and 17 papers is torture. I am SO PUMPED for summer vacationnnnnnnnnnnnnnnnnnnnnn :) :) :)
Oh and @Ari, thanks! I'll do my best cramming :) maybe.
--- End quote ---
High Five!
SUMMMMERRRRR! And best of all... I have 4 months of it :D
Choc.Kits:
--- Quote from: BlackBunny103 on June 08, 2010, 09:18:00 am ---Gosh I'm gonna have good time cramming for eco today :( Anyone cramming eco with me ;D?
--- End quote ---
Lets do this :P
Choc.Kits:
--- Quote from: aangel42 on June 08, 2010, 09:22:26 am ---whoa how do you have 4 months of it????
--- End quote ---
Cause next year im planning on going to Cairo to study. and my term there starts in october :)
and my school ends this friday :P:P
elemis:
--- Quote from: aangel42 on June 08, 2010, 09:36:48 am ---Explain why governments are involved in spending on education.
(for 5 marks)
--- End quote ---
Education = merit goods which tend to be under supplied by the private sector or possible priced out of reach of low income groups.
Thus, the government steps in to fix this market failure and provides cheap or possibly free access to education.
Education increases the skills of the population and can help increase productivity and hence shift the Production Possibilty Curve outwards allowing for econ growth in the future.
Increased skills means people can get better more higher paying jobs and hence increase their income. This can help redistribute income in a economy and increase tax revenue to the government.
Increased income means aggregate deman <- develop this
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version