Early Years Education The Provision Of Care, Development...

Early years education is the provision of care, development and learning from birth through to 5 years and is broadly considered to be the most important time of learning There are different options available to infants and young children between birth and 5 years , as follows From Birth à ¢Ã¢â€š ¬Ã¢â‚¬Å" sure start centres, offer family health advice, day care, employment advice family advice and early years education. Playgroups and preschools ae able to offer play based learning activities up to the age of 5, and these are usually voluntary run sessions in the local community. Day nurseries offer day-care to children up until 5( or above) , these are generally run as a business and offer learning through play up until the age of 5 Nurseries are often linked to local primary schools and can offer early years education from 3. Childminders are also included in the child care facilities that allow the 15 hours of government funded care. The child care act à ¢Ã¢â€š ¬TM 2006 sates All 3 and 4 year old children are entitled 15 hours free in a nursery/preschool setting. This government funded scheme allows all children to have equal access to early years learning, and also allows parents the opportunity to return to the work place. However In June 2015, the government introduced the Childcare Bill to bring in an extra 15 hours, totalling 30 hours of free childcare for employed families of 3 and 4 year olds. There are variations in the provision of early years education across the uk. In England theShow MoreRelatedDevelopment Of Exceptional And Special Needs Children Essay1672 Words   |  7 PagesThe early childhood sector is increasing rapidly across the Caribbean. Some of these centres just came about in an ad hoc manner due to the demand for day care services; recognising how important early childhood development is, governments and other officials are being faced with the task of ensuring that quality early childhood education is provided. This essay seeks to discuss teachers’ expectations, sensitivities, priorities and values that contribute to the quality of all pupils learning andRead MoreSummarise Entitlement And Provision For Early Years Education Essay765 Words   |  4 PagesSince 2004, all children in the UK aged three and four years old have been entitled to free places at nursery or another preschool setting (including childminders). From 1st September 2010 the Government extended these hours from 12.5 to 15 hours for up to 38 weeks of the year. The free entitlement provides universal access to early childhood education and care, ensuring that all children have the opportunity to benefit from early years education. The extended hours also supports parents who wish toRead MoreHow the Range of Early Years Setting Reflects the Scope and Purpose of the Sector.857 Words   |  4 PagesHow the range of early years setting reflects the scope and purpose of the sector. The early year’s sector in the U.K. is complex, unlike many European countries it was not developed by government policy with specific aims but came about in response to families’ requirements which were based on changing economical and social factors. In the second half of the twentieth century public expenditure on early year’s provision focused on families with social needs and difficulties. Local authority dayRead MoreManaging quality in a childcare setting1455 Words   |  6 PagesManaging Quality in an Early Education and Childcare Setting 1. Two pieces of legislation that ensure quality provision are The Children’s (Scot) Act 1995 and The Education (Additional Support for Learning) (Scotland) Act 2004. The Children (Scotland) Act 1995 links parts of child care, family and adoption law, that affect children’s quality of life. The Act puts children first and brings together three key principles of the United Nations Convention on the Rights of the Child; non-discrimination;Read MoreThe Education Act ( 1872 )1820 Words   |  8 PagesINTRODUCTION Education was founded with the introduction of The Education Act (1872) and was the beginning of the modern education system we have today. Education in 1872 focused on the higher class in Society but in 1965 it all changed for the better and attempts were made to provide adequate standards for all children. Scottish education has drastically changed for the best and is now focused on providing the appropriate attributes needed for life in the 21st Century. (Education Scotland, 2012)Read MoreVarious Aspects of Parenting Essay1620 Words   |  7 Pageslegislation affects parenting and child rearing. Cultural influences are how the ideas and customs in a particular society affect parenting and child rearing, whilst Economical factors are concerned with how the financial positions of families and the provisions they have affect parenting and child rearing. In the transition to parenthood there can be unavoidable complications along the way which affect the prospective parents and the baby these include post natal depression, lack of attachment betweenRead MoreThe Effects Of Poverty On Child Development1724 Words   |  7 PagesPoverty causes most stress within households and has an impact on the healthy development of a child. If a family struggles financially they may not have money for food to be put on the table and the child will be hungry, which has a knock of effect to a child’s learning. A child will struggle to focus and learn if they are hungry as food is needed in order for the brain to function well. A child’s physical development is likely to be affected as they will not grow and thrive at the appropriate rateRead MoreChildhood1618 Words   |  7 Pagesprinciples for early years provision 1.1. Explain the legal status and principles of the relevant early years framework/s, and how national and local guidance materials are used in settings. (Relevant early years framework: This refers to the frameworks for early years provision used within the relevant UK Home Nation.) The early years framework in England is the EYFS. The early year’s foundation stage consists of a statutory curriculum for children from birth to 5years. All child care providers mustRead MoreTask 1 Eymp 11314 Words   |  6 PagesEYMP 1 Task 1. Context and principles for early years provisions. The Early Years Foundation Stage was brought into force in September 2008 by orders and regulations which come under section 39 of the Childcare Act 2006. All of the early years providers are required to use the EYFS to ensure a flexible approach to children’s care, learning and development that enables young children to achieve the five Every Child Matters (ECM) outcomes. These 5 outcomes are staying safe, being healthy, enjoyingRead MoreCU1536 PROFESSIONAL PRACTICE IN EARLY YEARS SETTINGS977 Words   |  4 PagesCU1536 PROFESSIONAL PRACTICE IN EARLY YEARS SETTINGS 1.1 Explain how the range of early years settings reflects the scope and purpose of the sector The range of Early Years Settings reflects on the requirements of parents and families for their children. Some parents want care for their children so that they can return to work, some may want to stay with their children while they socialise, some may want their children in a setting which offer services aimed at learning, whilst some may want their

Absolute Advantage Economics Help

Question: Disuss about the Absolute Advantage Economics Help. Answer: Introduction: The modern economy is a complex system. Essentially, its job is to allocate scarce resources and distribute output among a large number of sectors. For this reason, economic models have become essential tools in the modern economy. Primarily, an economic model is a simplified representation of the economy that yields hypothesis about economic variables (Ouiliaris, 2011). Today, governments rely on them to conduct simulations on various economic scenarios and determine how the economy would react to various structural and policy changes. In addition, they help in making predictions and forecasts about future conditions and performance of the economy based on historical and empirical data (Ouiliaris, 2011). Most importantly, economic models assist in making decisions about the production of goods and services in the economy and conducting international trade. Thus, for this reason, economic models are essential tools in the modern economy, and the government should not ignore their pre dictions. First and foremost, economic models are a key component in regulatory decision making. Often, their concepts are utilized by agents to determine the level of production within the country. More specifically, the Production Possibility Frontier (PPF) hypothesis is applied by the government to determine the various combinations of products that can be manufactured within the country optimally (Beggs, 2014). Principally, the PPF is a curve depicting all the maximum output possibilities for two commodities that can be produced within a nation given the available set of resources and factor inputs. In this regard, agents rely on this concept to determine the optimal mix of products that be produced within the country efficiently (PPF, n.d.). As such, producing within the PPF curve depicts efficiency while production below the curve reflects inefficacy. Thus, this way, the government can ensure optimal productivity within the country. Besides that, economic models are important decision-making tools in matters pertaining to local and international trade. Today, the government utilizes the concept of comparative advantage and absolute advantage to decide the type of commodities that the country can trade in the international market. Typically, absolute advantage refers to the condition where a country can produce a greater quality and quantity of a commodity than its competitors using the same set of resources (Beggs, 2014). Thus, using this idea, the government may decide on which products the country can produce more efficiently than its trading partners. Although it is important for the government to establish the nations absolute advantage, it does not necessarily mean that it should produce that product. Instead, afterward, economic agents apply the concept of comparative advantage to determine the product that the economy should specialize in producing to benefit more from international trade. Basically, a comparative advantage exists when a state can produce products at a lower opportunity cost than others. Thus, using this notion, the government can determine those products that the country has a comparative advantage and specialize in their production (Comparative Advantage, n.d.). By doing so, it can produce the commodity more efficiently, thereby benefitting more from international trade than it would have if it had not specialized in the production of that commodity (Pettinger, 2012.). In this regard, it is essential to note that the predictions relayed by the comparative and absolute advantage hypotheses help the economy to benefit more from international trade. In addition to this, economic models provide useful information pertaining to the behavior of households, firms and the government. More specifically, the standard model of demand and supply helps in explaining and analyzing prices and quantities of products that are traded within an economy. By using the models equations, the government can determine the level of demand and supply in the economy as well as the equilibrium quantities and price. This way, it can set prices at levels that do not adversely affects both demand and supply. Hence, all in all, economic models play a significant role in modern economics. Thus, their predictions should be taken into consideration and be implemented by the government to obtain economic efficiency. The price elasticity of demand is an essential tool for determining consumer behavior. Typically, PED relates to the consumer's reaction to changes in the price of a commodity. Characteristically, when the price of a product increases, its demand drops, and vice versa (Moffatt, 2016). Regardless, the degree of responsiveness to fluctuations in the price of the product relies on whether it is an essential or luxury good. As a whole, essential services and commodities have a relatively inelastic PED. Specifically, a unit change in the price of a basic product results in a less than proportionate change in the demand for the product (Russo, et al., 2013). Suppose the price of corn increases by 30 percent. In response to this, its demand decreases by 20 percent. The PED for corn will be: The magnitude of responsiveness of consumer demand for corn following a change in its price is 0.667. Mainly, this means that when the price of corn increases by one unit, its demand only decreases by 0.667 units. For this reason, the demand for corn is relatively inelastic. Predominantly, luxury goods have a relatively elastic demand. Thus, a small change in the price of the product brings about a substantial change in its demand. Suppose the price of a car rises by 10 percent. In response, its demand decreases by 20 percent. In this case, the magnitude associated with changes in the price of a car is 2. Hence, a unit change in the price of a car results in a change in its demand by two units. Therefore, the car has a relatively elastic demand. Notably, this type of elasticity seldom exists in the real world. Nonetheless, it occurs when a unit change in the price of a product brings about a proportionate change in its demand. In this example, the magnitude of responsiveness is 1. Thus, a unit change in the price of the product results in a unit change in the demand for the product. Markedly, this product has a unitary elasticity of demand. References Beggs, J. (2014). Absolute and Comparative Advantage. ThoughtCo.com. Retrieved from https://www.thoughtco.com/absolute-and-comparative-advantage-1146792. Comparative Advantage. Library of Economics and Liberty. Retrieved from https://www.econlib.org/library/Topics/Details/comparativeadvantage.html. Khan, S. Price elasticity of demand. Khan Academy. Retrieved from https://www.khanacademy.org/economics-finance-domain/microeconomics/elasticity-tutorial/price-elasticity-tutorial/v/price-elasticity-of-demand Moffatt, M. (2016). Price Elasticity of Demand. ThoughtCo.com. Retrieved from https://www.thoughtco.com/price-elasticity-of-demand-overview-1146254. Ouliaris, S. (2011). What Are Economic Models? International Monetary Fund. Retrieved from https://www.imf.org/external/pubs/ft/fandd/2011/06/basics.htm. Pettinger, T. Absolute Advantage. Economics Help. Retrieved from https://www.economicshelp.org/blog/glossary/absolute-advantage/. Production Possibility Frontiers. Economics Online. Retrieved from https://economicsonline.co.uk/Competitive_markets/Production_possibility_frontiers.html Russo, C., Green, R., Howitt, R. (2013). Estimation of Supply and Demand Elasticities of California Commodities. Department of Agricultural and Resource Economics University of California, Davis. Retrieved from https://www.cdfa.ca.gov/files/pdf/DemandSupplyElasticityMajorCACrops.pdf.