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

Supply, concept of supply and the factors that affect the supply

concept of supply and the factors that affect the supply

Official reserve account, Official Reserve Account: This part of the bal...

Official Reserve Account: This part of the balance of payments informs us about how the balance of both current and capital accounts taken together is settled.Transaction in thi

Role of marginal propensity to consume in accounting for gro, how can we br...

how can we bring in the marginal propensity to consume

Production theory, why does gap between the ATC curve and the AVC curve dec...

why does gap between the ATC curve and the AVC curve decreases as the level of output increases

Define government surplus, Q. Define government surplus? Surplus, Gover...

Q. Define government surplus? Surplus, Government:It's a government surplus exists when a government's tax revenues surpasses its total spending (including both program spendin

Cost curves, With the aid of a diagram explain the long run average cost cu...

With the aid of a diagram explain the long run average cost curve and the influences upon it.

Future worth, I need help finding the future worth given the initial invest...

I need help finding the future worth given the initial investment, MARR, and profit over a period of time.

Homework, Do not submit more than 1 file in the Canvas submission link. A f...

Do not submit more than 1 file in the Canvas submission link. A few years ago peanut farmers in India experienced a super-bumper crop due to favorable weather conditions. Initially

Price determination, illustrate and discuss the implications of various mar...

illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination

Theory of Profit Maximization, arguments in favour and against of Theory of...

arguments in favour and against of Theory of Profit Maximization

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