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

Concept of cost, explain the relationship between ATC,AVC and MC by using d...

explain the relationship between ATC,AVC and MC by using diagram

Estimating labour productivity, Estimating Labour Productivity by Economic ...

Estimating Labour Productivity by Economic Sector for Target Year and its Change between Base and Target Year Contribution of each sector to GDP is known. The contribution of

How does the tot relate to the exchange rate, Is the terms of trade (TOT) e...

Is the terms of trade (TOT) explained as the ratio of the value of exports to the value of imports? How does the TOT relate to the exchange rate? The terms of trade (TOT) is ex

Economics, characteristics of microeconomics

characteristics of microeconomics

Define the generality of economic theory in modern economics, Define the ge...

Define the generality of economic theory in the modern economics. Generality of Economic Theory An economic theory is based onto assumptions imposed onto economic environmen

Supply, conditions for an abnormal supply curve

conditions for an abnormal supply curve

Mixed economics, Mixed Economic System and how can this system solve the ec...

Mixed Economic System and how can this system solve the economic problem, with example?

Protec tionism and free trade, what is the south africas governments standp...

what is the south africas governments standpoint on international trade

What do you meant by fiscal policy, Question 1: (a) Describe what is Ec...

Question 1: (a) Describe what is Economic growth and describe its relationship with standard of living? (b) Assuming you are the government economist, what policy measures

#titleindirect utility function .., #question.hif indirect utility function...

#question.hif indirect utility function is givenhow to derive the demand function .

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