Summary: Micro-Economic literature is a study that compares ways of measuring a person’s educational achievement to the amount of money they make in their job. It shows that people whom go to school for a longer amount of years are more productive in business, therefore earning higher wages. Educational achievement brings about better opportunities for people to function in the work force, and be able to succeed in making more than that person who has not had a successful educational achievement. Quality of the education also plays a role in deciding the amount of economic success that a person has.
Fadel, Charles. "Education and Economic Growth: From the 19th to the 21st."
Cisco Education and Economic Growth. May 2007. 8 Mar. 2010 <http://www.rielmiller.com/images/Education-and-Economic-Growth.pdf>.
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