HUMAN CAPITAL DEVELOPMENT STRATEGIES FOR EFFECTIVE TEACHER’S PERFORMANCE IN ECONOMICS EDUCATION IN IMO STATE UNIVERSITY
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HUMAN
CAPITAL DEVELOPMENT STRATEGIES FOR EFFECTIVE TEACHER’S PERFORMANCE IN ECONOMICS
EDUCATION IN IMO STATE UNIVERSITY
CHAPTER ONE
INTRODUCTION
1.1
BACKGROUND OF THE STUDY
Economics we
all know deals with the human behaviour which can further be explained as the
way we earn our living and make choices to satisfy our needs. It
thereforeconcentrates on the research of organizations and the government whose
day to day transactions are focused on the production of goods and services in
other to satisfy of human needs since economics is has to do with human
behavior. Budhwar (2002).Economics is a
social science, just like other science subjects, the procedures or the way
things are done in economics is methodological, its analysis is done according
to a system, and the validity of its diverse theories can be tested. For this
reason,effort has been made to introduce and implement the theoretical basis or
aspects of the course with their practical implementations. Economics education
is one of the courses that introduces students the major facets of live, equips
them on few ethics required for successful work with people and organizations,
Budhwar 2012. This course has been introduced by the Comparative Education
studyto satisfy the needs of Economics in the new system.
Economics
education is also known as the study that has to do with economic issues in
relation to education. Based on the previous works on correlation between
schooling and labor market outcomes for individuals, the area of economics
education has grown tremendously to cover all facets with loop holes of
education Armstrong 2011.The main reason for the introduction of this course is
satisfy the cravings of fortifying students with the basic knowledge and skills
that will help them to sincerely welcome the nature of economic challenges in
any society. In the light of this ideology, below are the specificaims for the
Economics education course; a)Economics education was introduced in schools
curriculum to fortify students with the major principles of Economics that is
required for successful living and for higher education, b) To equip and
reinforce students to be wise, judgmatical and productive in the management of
scarce resources, c) To encourage students high respect for the seriousness,
worthy of labour and their appreciation of economic, cultural and social ethics
of our society and d) To help students gain knowledge for the immediateanswer
to the economic challenges of the society; and the world at large. The
importance of economics education to any nation is very vivid and cannot be
ignored. It permits leaders and citizens to understand root and branches of
economics concepts, principles and also to understand, appreciate and desire to
grow the economic situation for their own social good. A good understanding of
economics is a must have for good citizenship.
Thecollection,
accretion of human capital development strategies is a vital contributor to
effective teachers’ performance in economics education, specifically in Imo
state.
Human
capital is a phrase that economists introducedwhich has to do with the
productive skills and technical knowledge of workers, staffs, teachers,
employees, etc. It compriseshuman knowledge, skills, and abilities, values and
drives they need to add to their skills to the organization’s goals, Dessler
2012. Economists and business people call these set of people characteristics
“human capital” just to point out the importance of employee skills and strengths
and the importance for organizations to invest in their people, just as they do
in physical capital, in order to be successful. In this era of knowledge
economy, human capital has become extremelyvital than physical capital when it
comes to adding value.
In
education, human capital development strategies are most likely to be even more
vital to teacher’s performance. Education is a human-capital-intensive
enterprise, with around 80 percent of most school divisions budgets spent on
staff salaries and incentives. Most of the key methods of learning are
controlled and impacted by the staff those teachers that communicate with the
students on daily bases.
Human
capital development strategies areperceived as a major field of study for
teachers in the in the education context. The studyprepares the leadership and
management of any school, specifically the teachers in teaching and attaining
the goal of the school. A good number of researchers have conducted and
provided proven and well-reasoned insights on HCDS in the educational sector in
the recent times; while negligence of the study is a provein the end of the
usage or implementation of productive HCDS in the education sector. (Adu
1998)opined that the knowledge, awareness and application of HCDS as paramount
to the smooth functioning of education leaders as it helps to make available a
foundation for the development and growth of education systems. Teachers who
are perceived to know their onions in HCDS are known to perform better for the
development of the organization than the incompetent and unskilled ones
(Franekel 2012). In addition, Ayodele(2009) stressed on the fact that the
leaders’ knowledge and skills of HCDS help in encouraging the efficiency and
efficacy of the staff leads to the enhancement of their organization at large.
The idea of utilizing HCDS in the corporate sector to attain the
neededobjectives has almost the same implication in the education sector,
Wichenje (2012). Leaders are therefore needed to be well informed and familiar
with the necessary skills needed for productive leadership and management for
the growth of their institutions and the wellbeing of the human resource
employed.
1.2.
STATEMENT OF THE GENERAL PROBLEM
The poor or
nonexistent human capital development of enhancement has led to poor teachers’
performance in the educational sector and has grossly contributed to the poor
educational development in Nigeria which has precipitated to the poor academic
performance of students across the country. In other for Nigeria to advance educationally,
teachers should be effectively trained in other to achieve increased
performance and this can only be achieved through examining the strategies for
an effective human capital development in the educational sector.
The
increasing student academic underachievement and narrowing the achievement gap
are the challenges the Nation has been facing as she tries to develop talents
that would contribute to the economy and ensure educational development.
Strategies to ensure adequate human capital development in other to enhance
students learning and performance is not entirely a mystery as believed in some
quarters.
1.3. AIMS
AND OBJECTIVES OF THE STUDY
The major
aim of the work is to examine human capital strategies for effective teachers’
performance in economics education in Imo state university. Other specific
objectives of the study include the following.
To examine
strategies for ensuring improved students learning.
To appraise
to prospects of human capital development in educational development.
To examine
the relationship between human capital development and effective teacher
performance in Nigeria.
To examine
the relationship between effective teaching of economics education and national
development.
To determine
the role of government in enhancing human capital development for effective
teacher performance.
To examine
the influence of human capital development of teachers on students academic
performance/achievement.
To recommend
ways of improving teachers performances in Nigeria.
1.4. RESEARCH
QUESTIONS
What are the
strategies for ensuring improved students learning?
What are the
prospects of human capital development in educational development?
What is the
relationship between human capital development and effective teacher
performance in Nigeria?
What is the
relationship between effective teaching of economics education and national
development?
What is the
role of government in enhancing human capital development for effective teacher
performance?
What is the
influence of human capital development of teachers on students’ academic
performance/achievement?
What are the
other ways of improving teachers performances in Nigeria.
1.5.
RESEARCH HYPOTHESES
H01: There
is no significant relationship between human capital development and effective
teacher performance in economic education.
H02: There
is no significant relationship between effective teaching of economics
education and national development
1.6.
SIGNIFICANCE OF THE STUDY
The study
would be of immense importance to the development of education in Nigeria and
the improvement of students academic performance through improving teachers
performances as it would reveal the strategies of human capital development in
improving students academic performance. The study would also greatly benefit
to students, researchers and scholars who are interested in developing a
further study on the subject matter.
1.7. SCOPE
AND LIMITATION OF THE STUDY
The study is
restricted to human capital development strategies for effective teachers’
performance in economic educations using Imo state university as a case study.
LIMITATION
OF THE STUDY
Financial
constraint- Insufficient fund tends to impede the efficiency of the researcher
in sourcing for the relevant materials, literature or information and in the
process of data collection (internet, questionnaire and interview).
Time
constraint- The researcher will simultaneously engage in this study with other
academic work. This consequently will cut down on the time devoted for the
research work.
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