Techniques of manpower forecasting, Microeconomics

Assignment Help:

Techniques of Manpower Forecasting

Parnes, an American economist, observed that it is possible to assess the optimum number of educated manpower required for attaining specific targets of economic growth. The concretisation of this idea resulted in the form of several techniques of manpower forecasting. In one of its reports the UNESCO observed that during the reference year 1968, 60 countries were using one or the other type of manpower models for planning and providing education in their countries. Over the years, there have been improvisations/refinements in manpower forecasting.

As of now, five distinct methods used in this field have been identified.

  1. Rule of Thumb Method
  2. Employer’s Estimates of Future Manpower Requirements
  3. International Comparisons Method
  4. Manpower-Population Ratios
  5. Mediterranean Regional Project (MRP) Technique

 


Related Discussions:- Techniques of manpower forecasting

Consumption of services and goods, Services and goods that are used for the...

Services and goods that are used for their ultimate end purpose, meeting some human desire orneed. Consumption may include private consumption (by individuals, financed from their

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

how can we bring in the marginal propensity to consume

Analysing the digital economy relative to e business, Problem: a) What ...

Problem: a) What factors would you consider when analysing the digital economy relative to e business? b) "The growing use of the internet by consumers and businesses has re

Market demand curve, How to graph the market demand on tobacco taxing in ca...

How to graph the market demand on tobacco taxing in california

Kolbey:s reaction, why can methane not be prepared by this reaction

why can methane not be prepared by this reaction

Black economy public policy interface, Black Economy Public Policy Interfac...

Black Economy Public Policy Interface: The above mode of functioning and expansion of the black economy became an important basis for policy disruption in India. The undergrou

Supply and demand, Suppose scientists discover that eating soybeans prevent...

Suppose scientists discover that eating soybeans prevents cancer and heart disease

Choose a topic from microeconomics ., choose a topic from microeconomics th...

choose a topic from microeconomics that matters to you and find a recent news article covering that topic?

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