Learning Effect (economics) - Learning Effect

In economics, the learning effect is the process by which education increases productivity and results in higher wages.

References

Price Effect- Normal Goods-- Economics | B.com (p/Hons.) | Eco (Hons.) By Utkarsh Bhargava - In this video, you will learn, 1) Discuss changes in equilibrium with the decrease in price. 2) Understand Changes in equilibrium with the increase in price. 3) Learn Substitution Effect and...

Single-Machine Scheduling with Learning Effect, Deteriorating Jobs .... Source : www.researchgate.net