Micro and macro economic aspects about the impact of education on human capital, labour market and on economic growth and development

: Within the modern theory of economic though', growing gravity of scientific research and &bate falls On the
is Of the relationship between knowledge. meaning a
accumulation Of knowledge) and the economic growth Knowledge and human capital '"xeupy a central place in these
analyses, especially as input factors that iærease the utili:atian of physic-alfac.•ors of prahction: cqital and
natural resources and they provide substitution and most efficient allocation of economic resources, which is the basic
paradigm of economic science In this through the methods of induction and 'Eduction methods Of analysLc and
synthesis, as wen as historic and trendy comparative analysis generalized views are established comlusions and
recommendations on the subject matter Of research are made. but so applicability of these oldcomes at lhe
level Ofcase study in Ifacedonia In this context, the paper to determine lhe micro and macroeconomic of the
economic Viability of investment in education. Of on thus on
growth and development, 10 determine the interaction between education the
Keywor& knowledge. qualifications. skills investment. costs. uses. economic viability