What is it about?

To improve education, the Naturally Optimized Revenue Demand in Communities NORDIC model is applied. Based on the NORDIC model, this work presents a novel and effective economic instrument for enhanced dropout management to improve students' circumstances.

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Why is it important?

Dropout is a major issue. It has an impact not just on the student who drops out, but also on the university and society as a whole.

Perspectives

Governments will apply the launched tool to monitor, manage, and evaluate the education sector. School administrators and legislators obtain a complete tool for rethinking education policy.

Dr. Jan Stenis
Swedish state

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This page is a summary of: Improved Education by Novel Economic Instruments, April 2022, Sciencedomain International,
DOI: 10.9734/bpi/niebm/v7/15781d.
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