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Applications and Applied Mathematics: An International Journal (AAM)
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Modeling And Analysis Of The Impact Of Vocational Education On The Unemployment Rate In Nigeria, Abayomi Ayoade, Opeyemi Odetunde, Bidemi Falodun
Modeling And Analysis Of The Impact Of Vocational Education On The Unemployment Rate In Nigeria, Abayomi Ayoade, Opeyemi Odetunde, Bidemi Falodun
Applications and Applied Mathematics: An International Journal (AAM)
Unemployment is a major determinant of a weak economy and a good measure of living standard in a country. Nigeria is faced with the problem of unemployment at present. By that, a mathematical model is formulated to investigate the effect of vocational education on the unemployment challenges in Nigeria. The model is tested for the basic requirements of a good mathematical model. The equilibrium analysis of the model is conducted and both the unemployment-free and the unemployment endemic equilibria are obtained. The threshold for the implementation success of the vocational education program is also derived following the approach of epidemic …