Allama Iqbal Open University, Islamabad Warning: (Department of Educational Planning Policy Studies & Leadership)

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ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD

(Department of Educational Planning Policy Studies & Leadership)

WARNING
1. PLAGIARISM OR HIRING OF GHOST WRITER(S) FOR SOLVING
THE ASSIGNMENT(S) WILL DEBAR THE STUDENT FROM AWARD
OF DEGREE/CERTIFICATE, IF FOUND AT ANY STAGE.
2. SUBMITTING ASSIGNMENT(S) BORROWED OR STOLEN FROM
OTHER(S) AS ONE’S OWN WILL BE PENALIZED AS DEFINED IN
“AIOU PLAGIARISM POLICY”.

Course: Economics and Financing of Education-I (6565)


Level: MA-EPM Semester: Spring, 2023

Please read the following instructions for writing your assignments. (AD, BS, BEd,
MA/MSc, MEd) (ODL Mode).
1. All questions are compulsory and carry equal marks but within a question the
marks are distributed according to its requirements.
2. Read the question carefully and then answer it according to the requirements of the
questions.
3. Avoid irrelevant discussion/information and reproducing from books, study guide
or allied material.
4. Handwritten scanned assignments are not acceptable. However, the students who
attempt their assignments in Urdu/Arabic may upload a scanned copy of their
handwritten assignments (in PDF format) on University LMS. The size of the file
should not exceed 5MB.
5. Upload your typed (in Word or PDF format) assignments on or before the due date.
6. Your own analysis and synthesis will be appreciated.
7. Late assignments can’t be uploaded at LMS.

Total Marks: 100 Pass Marks: 40


ASSIGNMENT No. 1
(Units 1-5)
Note: All questions carry equal marks.
Q.1 Rate of return analysis can help in determining the individual demand for
education. Discuss have this technique can help planners in Pakistan? (20)

Q.2 Critically highlight the strong and weak points of rate of return approach? How this
approach can be used in Pakistan. (20)

Q.3 How can Manpower Requirement Approach be used in Pakistan to plan educations
according to economic need? (20)

1
Q.4 Write short answers of the following: (20)
1) Optimum Subsidy
2) Neo-Classical Bias
3) Opportunity Cost
4) Investment Mechanism

Q.5 Define the term rate of return. How this approach can be used to allocate the
recourses between education sector and other sectors of economy? (20)

Total Marks: 100 Pass Marks: 40


ASSIGNMENT No. 2
(Units 6-9)

Q.1 Discuss how output of School different from out put of higher education? (20)

Q.2 Discuss various types of educational cost examples. (20)

Q.3 Describe the techniques of cost effectiveness analysis and write how these can help
in educational planning in Pakistan. (20)

Q.4 Give a brief description of cost- effectiveness and its application to educational
technology and distance education. (20)

Q.5 Discuss how the techniques of cost effectiveness analysis can help planners in
Pakistan formulating educational projects. (20)

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