Manpower-population ratios, Microeconomics

Assignment Help:

Manpower-Population Ratios

In this technique, manpower will not be planned for the economy as a whole. It will be planned for sectors or sub-sectors of an economy. For instance, planning may be attempted for the education sector or the health sector. Taking into account such parameters as population growth rate, enrolment trends in standard I of primary education or any other given standard of education, the existing pupil-teacher ratios and the targeted ratios are first arrived at. The number of teachers required in primary or any other level of education are then estimated using this.

The present levels of supply of teachers from colleges of teacher’s training, the unemployment rate, waiting time for employment, number of institutions that are supplying teachers, etc. are suitably factored/used to estimate the requirement of teachers and other categories of manpower of the education sector. Likewise, the number of doctors required in a country can be estimated keeping certain norms regarding doctors-to-population ratios.

The para-medical staff required can also be arrived at by a similar approach. An educational plan can follow from the supply side to balance the demand for manpower estimated by such a sectoral approach. This technique is popular because of the degree of precision that is possible in such sector focused manpower estimates. Level of investment in health, education, housing or any other welfare/development project is an important parameter in manpower planning. Once information regarding investment becomes clear, then it would be easy to work out a detailed plan. Hence, sectoral planning is preferred.


Related Discussions:- Manpower-population ratios

What is the distinguishes a progressive income tax, What is the distinguish...

What is the distinguishes a progressive income tax, from a proportional income tax, or a regressive income tax? A proportional income tax takes the similar percentage of a pe

What is game theory, What is Game Theory?  Game Theory is a mathematica...

What is Game Theory?  Game Theory is a mathematical method of decision-making in which a competitive situation is examined to verify the optimal course of action for an interes

Disadvantages of state trading, Disadvantages of State Trading State tra...

Disadvantages of State Trading State trading has several disadvantages. (i) State trading is often afflicted by the corruption and inefficiency usually associated with the pu

Fiscal policy, 3. Which of the following would not be an expansionary fisca...

3. Which of the following would not be an expansionary fiscal policy? a.Increased welfare payments to the poor b.Decreases in federal taxes on corporations c.A balanced budget d.I

Construct the balance sheet of the the total banking system, Suppose a bank...

Suppose a banking system with the following balance sheet has no excess reserves. Assume that banks will make loans in the full amount of any excess reserves that they acquire and

Micro, 2. a. Suppose the demand for saline solution is perfectly inelastic ...

2. a. Suppose the demand for saline solution is perfectly inelastic for contact lens wearers. If the government imposes a tax on saline solution, what occurs? Be sure to tell what

Graph the total benefits and total costs functions, This problem continues ...

This problem continues the analysis from question 2. a.Another economic study finds that the marginal cost (MC) to farmers of nutrient runoff abatement is MC = .1Q. Graph this f

Concept and meaning of infrastructure, CONCEPT AND MEANING OF INFRASTRUCTUR...

CONCEPT AND MEANING OF INFRASTRUCTURE: Infrastructure sectors are the backbone of a national economy. It has been commonly opined that infrastructure development is closely re

Duopoly, characteristic of duopoly

characteristic of duopoly

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd