Major changes in requirements to education as economic industry in the ХХІ century

Mykhats’ Svyatoslav
Candidate of Economic Sciences, Associate Professor, Drogobych State State Pedagogical University named after. I. Franko, e-mail:smykhats@gmail.com

Cite this article:

Mykhats’, S. (2016). Major changes in requirements to education as economic industry in the ХХІ century. Ed.: М.D. Baldzhy (ed.-in-ch.) and others [Systema pensiinoho zabezpechennia Ukrainy ta yevrointehratsiini protsesy; za red.: М. D. Baldzhy (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 7 (239), pp. 55-66.

Abstract

Education affects the productivity and development in several ways. Educated person perceives new information faster and more effectively applies the previously unknown means of production and new processes. When introducing a new product or process, it is necessary to know much about how it works and how to apply it in specific circumstances and environment. Educated workers have more benefits in an unstable dynamic environment of technological changes. Consequently, educational training is crucial for labor force. From it depends what type of work is able to perform a man, and how well it will do.

Keywords

education, skills and abilities, automation, globalization, jobs changing.

JEL classification: R400

UD classification: 330.354

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