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

Economics of exhaustible resources, Normal 0 false false fa...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Demographicwindow, what do you understand by demographic window acess by in...

what do you understand by demographic window acess by india

Monopoly, Let''s assume that a monopolist decides to maximize revenue, rath...

Let''s assume that a monopolist decides to maximize revenue, rather than profit. How does this operating objective change the size of the deadweight loss?

Externalities, what is externalities and market inefficiency

what is externalities and market inefficiency

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

how can we bring in the marginal propensity to consume

Introduction, when does market equilibrium occur?

when does market equilibrium occur?

Second best theory, what is the theory of second best?prove the theorm with...

what is the theory of second best?prove the theorm with the help of diagram?

Income elasticity of demand, what are the practical importance of income el...

what are the practical importance of income elasticity of demand?

Implications of privatisation for a small island economy, Question 1: (...

Question 1: (a) The Mauritian government is now increasingly involving the private sector in the development of the economy. How can government support effective private secto

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