Economical Foundations

It focuses on:

•        Job or market oriented curriculum

•        Skill learning

The economical foundation of curriculum gives importance to the vocational aspect of the curriculum. The economic  condition of a nation or a society guide the curriculum of the country, because the stakeholder of the education wants to employ such a curriculum which help them to build their economy and the people have better jobs when they finish their schooling. In this kind of situations the curriculum become job or market oriented. In this curriculum the curriculum developer gives importance to skills acquisition which is the demands of the time. Undeveloped nations try to prepare skill work force and send it to other countries for jobs

Here are some economical factor which influence the curriculum development process

Economic Factors

1. Allocation of funds

 The financial condition of a country reflects its curriculum because without proper funding one can’t achieve the outcome of a good curriculum. It is the financial aspect of a country which guide them to adopt which type of curriculum, for example activity base or learner center curriculum need more money in the process of the implementation of the curriculum then subject matter curriculum