ISSN(Print):   2664-0422 - ISSN(Online):   2664-0430 - ISSN-L:   2664-0422
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RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) & PAKISTAN SOCIAL SCIENCES REVIEW (PSSR) adheres to Creative Commons Attribution-Non Commercial 4.0 International License. The authors submitting and publishing in PSSR agree to the copyright policy under creative common license 4.0 (Attribution-Non Commercial 4.0 International license). Under this license, the authors published in PSSR retain the copyright including publishing rights of their scholarly work and agree to let others remix, tweak, and build upon their work non-commercially. All other authors using the content of PSSR are required to cite author(s) and publisher in their work. Therefore, RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) & PAKISTAN SOCIAL SCIENCES REVIEW (PSSR) follow an Open Access Policy for copyright and licensing.

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How to Cite

Impact of Economic Factors on Major Subject Choice

Abstract

Objective of the study is to investigate the main determining factors of educational choicess of youth selected from Post Graduate Colleges of KPK. Career choice and major selection is a process rather than a particular event in an adolescent’s life. Each individual going through this process gets stimulated by many factors. A structured questionnaire was used to collect cross-sectional data from 1978 respondents enrolled in BS degree. Logit model is used because dependent variable is dichotomous which indicates that utility derived from one option of four-year BS Degree is greater than the utility associated with other choices. The Results of Economic Factor model shows that more jobs availability, Market trends, Expected Monetary Returns, Attractive Salaries, Motivation, Quality of Life, Expectations, Unemployment and Inflation rate have significantly impact. It was recommended that students should have opportunities to assess, explore and analyze alternatives choice and provided with more support, professional training, career counselling and guidance so they can become vital asset and skilled human capital.

Authors

  • Waqas Ahmed
  • Ph. D Scholar, Department of Economics, Hazara University Mansehra, KP, Pakistan
  • Dr. Sohail Farooq
  • Assistant Professor, Department of Economics, Hazara University Mansehra, KP, Pakistan

Keywords

Dichotomous, Economic, Expectations, Human Capital, Logit, Unemployment

DOI Number

10.35484/pssr.2022(6-II)41

DOI Link

http://doi.org/10.35484/pssr.2022(6-II)41

Page Nos

476-491

Volume & Issue

v6-2

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Creative Commons License
Pakistan Social Sciences Review (PSSR) by RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Based on a work at https://pssr.org.pk/

Pakistan Social Sciences Review (PSSR), Developed by M. Yaseen

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