QUALITY OF EDUCATION – THE CORE VALUE OF HUMAN CAPITAL
Journal
Economic Development
Date Issued
2022
Author(s)
Piperkova, Irina; Djambaska, Elizabeta; Lozanoska, Aleksandra
Abstract
Education is the major building block of human capital. The purpose of
this article is to investigate the level of quality in secondary education and analyze educational attainment trends in North Macedonia. The research focuses
on Eurostat statistical data of the educational attainment level of the population
in North Macedonia vis-a-vis EU average. Eurostat data on employment based
on educational attainment level of the population present an overview of the
importance of education for employment opportunities and economic prosperity of individuals. The paper also analyzes the quality of education in North
Macedonia, using an online survey among high school students to assess their
perception on the level of quality of education. Survey findings reveal significant weaknesses in the quality of education in North Macedonia, among which
the most alarming is that students do not perceive causality between education
and future benefits in life. Without focusing on improving quality of education,
especially in terms of greater focus on applied knowledge and lifelong learning, the country cannot expect that education can be a driver of human capital,
productivity and economic growth.
this article is to investigate the level of quality in secondary education and analyze educational attainment trends in North Macedonia. The research focuses
on Eurostat statistical data of the educational attainment level of the population
in North Macedonia vis-a-vis EU average. Eurostat data on employment based
on educational attainment level of the population present an overview of the
importance of education for employment opportunities and economic prosperity of individuals. The paper also analyzes the quality of education in North
Macedonia, using an online survey among high school students to assess their
perception on the level of quality of education. Survey findings reveal significant weaknesses in the quality of education in North Macedonia, among which
the most alarming is that students do not perceive causality between education
and future benefits in life. Without focusing on improving quality of education,
especially in terms of greater focus on applied knowledge and lifelong learning, the country cannot expect that education can be a driver of human capital,
productivity and economic growth.
Subjects