The Impact of Education on Economic Growth
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Date
2018-07
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Publisher
The British University in Dubai (BUiD)
Abstract
This paper concentrates on the impact of education on the economic growth in the United Arab Emirates. It is an endeavor to investigate the degree to which level of education of the work power of UAE influences its economic development that is its yield level. Evolution can produce ethical circles of flourishing and opportunity. Substantial development and work openings enhance motivating forces for guardians to put resources into their youngsters' education by sending them to educational institutions. It may prompt the rise of a stable and developing gathering of business visionaries, which ought to create the weight for enhanced administration. Substantial financial development subsequently progresses human advancement, which, thus, advances financial development. The paper is divided into eight sections; the first part of the research includes the introduction of the research topic, background of the study, point of issue, research questions, procedures, significance of the study, and organization of the research paper. The second section is the literature review which supported the research topic and questions from the previous studies and explorations. The third part is the economic advancement of the United Arab Emirates. Moreover, the fourth part is the methodology for the research. It consisted of the data collection methods, i.e., the primary data and secondary data and the analysis of the data collected. The research design included both surveys and interviews. The survey was conducted online through Google forms. In the number of respondents of the study were hundred. They all were the individuals working in different field and reside in United Arab Emirates. Furthermore, the fifth chapter is the primary data research analysis of the survey, and the sixth part is the data analysis and findings of the investigation. The data were analyzed using different statistical tools such as pie charts and graphs. The qualitative data was examined using regression analysis and
correlation tests to find the link between the dependent and independent variables included in the study. The seventh part is the discussion of the results. In light of the revelations, conclusions were drawn, and recommendations were proposed to address these troubles in the last chapter of this study. Some of the recommendations were deduced from the research.
The outcomes uncover that income assumes a vital part of financial development fundamentally as a motor for development of the yield level. There is convincing proof that income expands profitability, proposing that education indeed is efficiency improving as opposed to only a gadget that people use to flag their level of capacity to the business. The finding is the relationship of the investigation completed through academic journals, and the web and the data assembled through audits and gatherings. It associated both the information and addressed how the learning consequences of the course are used as a piece of this endeavor. The talk is the point by point examination of the qualities and confinements of the entire assignment. The obstacles and restrictions of the work separated the issues to consider and avoid in future investigates.
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Keywords
education, economic growth, income, United Arab Emirates (UAE)