External efficiency

External efficiency

Market Efficiency

The extent to which the price of an asset reflects all information available. Economists disagree on how efficient markets are. Followers of the efficient markets theory hold that the market efficiently deals with all information on a given security and reflects it in the price immediately, and that technical analysis, fundamental analysis, and/or any speculative investing based on those methods are useless. On the other hand, the primary observation of behavioral economics holds that investors (and people in general) make decisions on imprecise impressions and beliefs, rather than rational analysis, rendering markets somewhat inefficient to the extent that they are affected by people.
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In this setup, AVE now governs both levels of TVET to increase the internal (access, cost, relevance, and quality) and external efficiency (meeting the current and future needs of the labor market better) of TVET.
Meanwhile, the external efficiency of the university might be measured through the period of study and the number of scholarship students at the university, according to the various university phases.
He affirmed the importance of the graduate's survey as the most important tool used to study the external efficiency for the higher education system in terms of knowledge, skills and matching the higher education programs and majors to the market sectors.
The system worked well enough that, even when coated on flexible plastic rather than glass, the maximum external efficiency reached 60 per cent, a new record for flexible OLEDs.
By utilizing this effect, we can enhance the external efficiency of these devices by a factor of more than four times, up to eight percent," said Zhong Lin Wang, a Regents professor in the Georgia Tech School of Materials Science and Engineering.
The objective of the operation is to contribute to the internal and external efficiency of the education system through a series of targeted interventions that: (a) prepare young Bahamian children for early academic success and social integration; (b) mitigate the co-existence of skills shortages, unemployment, and lack of relevance of education and training for youth; and (c) facilitate the seamless transition of Bahamian youth from school to work.
Once more a range of sometimes controversial concepts, definitions, and indicators of budgetary efficiency are presented, such as the concepts of "social rate of return to investment in education" and "internal and external efficiency.
This report analyzes (a) the most outstanding obstacles to internal and external efficiency of vocational and technical education at the secondary level; (b) it identifies possible reforms which may upgrade and improve the performance of formal vocational and technical education (VTE); (c) it examines alternative non-formal approaches to formal vocational and technical education, with special reference to training services that would contribute to the alleviation of poverty and increasing the participation of women in training and employment.
Our expanded offerings provide a comprehensive approach to solving the misperceptions in fit by facilitating every stage of the process, increasing internal and external efficiency and decreasing overall time to market.
In the last years ETF has assisted partner countries to analyse their labour markets giving particular emphasis on the skills dimension so as to support them in the development of better employment policies and measures and for enhancing the external efficiency of their VET systems.
It will contribute to our external efficiency by enhancing customer accessibility and cutting response times.