Demand for vocational education, and economic feasibility of a vocational school in el-Kah Town

Abstract

The same latent problem faces almost all developing countries. This problem is how to develop the society of the country. Before 1990, and for years, economists, politicians and development planners have charged year-to-year progress or decline within a country, by measuring average per capita income. So, clearly, before 1990 and for years development of a society was viewed as the development and growth of the capital resources of the economy, often by neglecting the human dimensions in that society, Current views regarding development, have changed. It is thought that the development of a nation is ranked according to the Human Development Index component, a triple component index. One of which is literacy, and the ability that people get, to understand their surroundings and culture. Literacy is attained by investing in the human factor of a country, in other words by offering opportunity of traditional or vocational education. This Literacy component, is the justification of my study, as I am proposing the implementation of a vocational school in a town that offers only traditional education. This implementation requires two objectives, which are the demand for such a vocational education and the economic feasibility of the vocational school. These two objectives are respectively met through two methods, the first of which is a comparative analysis to determine the specialty of the vocational school and the second is the break-even point analysis on three scenarios to determine the best scenario for implementation.