Mediterranean regional project (mrp) technique, Microeconomics

Assignment Help:

Mediterranean Regional Project (MRP) Technique

This technique had been initially employed by the OECD (Organisation of Economic Cooperation and Development, Europe) to prepare manpower plans for six countries which were sharing the Mediterranean Sea. The sea-based resources served as one common feature for all these countries. The countries covered were Greece, Italy, Yugoslavia, Portugal, Turkey and Spain.


There are essentially three major steps in forecasting demand for skilled and qualified manpower:

(i) Projecting the demand for educated manpower,

(ii) Projecting the supply of educated manpower,

(iii) Balancing the demand with supply.

Under the MRP technique, there are five steps in projecting demand for qualified manpower.


Related Discussions:- Mediterranean regional project (mrp) technique

Long-run static equilibrium solution, (a) What  are the problems associated...

(a) What  are the problems associated with R 2 and how can adjusted R 2 solve them? (b) If the regressors  in an equation are highly correlated, which measures can be used to

Economic development , Economic Development The word development is f...

Economic Development The word development is from the Latin root ‘Voloper’ which meant wrap up, envelop. The English used this word along with ‘des’ meaning ‘undo’. The word

Inflation, inflation and policies that are used to combat it

inflation and policies that are used to combat it

Shutdown point, when does a buisness reach shutdown point

when does a buisness reach shutdown point

Credit squeeze, Credit Squeeze:At times private banks become reluctant to i...

Credit Squeeze:At times private banks become reluctant to issue new credit andloans, frequently because they are worried about risk of default by borrowers. This is common at the t

Determinants of short run cost, Determinants of Short Run Cost - The re...

Determinants of Short Run Cost - The relationship among the production function and cost can be exemplified by either increasing returns and cost or decreasing returns and cost

Demand and Supply , Demand and supply curve for french breads

Demand and supply curve for french breads

Mr, implications of varios market structure for price determination

implications of varios market structure for price determination

Scacity, if a commodity has limited demand , should economist say that we s...

if a commodity has limited demand , should economist say that we still have a scarcity ?

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