Human Capital Development and Economic Development

Research Paper (undergraduate) from the year 2016 in the subject Business economics - Business Management Corporate Governance grade: .90 course: Economics language: English abstract: The study focus on identifying the relationship between Human capital and economic development for Educational Institutions in Mogadishu using descriptive analysis with view of increasing the efficiency and effectiveness of private universities in Mogadishu. More specifically this study aims to find out the effect of human capital development and economic development. The target or accessible population of the study was 60 of educated employee or instructors in educational institutions in Mogadishu an which a sample of 49 respondents was drawn using stratified random sampling and proportionate was used to determine sample size for each of the three educational institutions such as plasma university modern university and university of Somalia To achieve the objectives of the study a survey design was employed. The study relied principally on primary data which was collected using questionnaires containing close ended questions for ease of analysis. Data was analyzed using descriptive with the aid of Statistical Package for Social Sciences.Based on the finding in objective one which indicates the total average mean the second objectives which indicates the total average mean Based on the findings in objective third and fourth or specific objectives of the study indicates the total average mean so that the all objectives indicate a good sign or positive sign means the overall Skill building and training of the educational institutions are very good While the overall mean of economic development was scored a as shown in the table of chapter four indicates so that the study indicates that human capital development have a significant and strong relationship towards the economic development. The researcher recommends further investigation should be conducted to collect data