That's right asshole. European countries that embraced Socialism/Communism are REALLY doing great right?Correct me if I've misunderstood you but how does that system take supply and demand into account? If kids want to study a topic but are told they can't then how is supply and demand in play there?
There say 50 places on a course... That is the supply... But for that year that college has 50 places...
The students who want it applym, that is the demand...
The students with the highest points (and do not have the points for course higher in their preference) gets the course... So when we say Law in UCD is 560 points we actually mean the lowest student who got the course got 560 points (4 As, 2 Bs). The might applied for Actuarial Maths as there number 1 which 580 but they failed to get that...
So points are set by supply (number of places) and Demand (the points of applicants)...
I was confused because that's not how supply and demand works in America. Thanks for the explanation.
You are putting supply and demand in only monetary value... Is the goal of the Education system to make the pupils the best they can be...
Students study a lot harder if they know it is there actions and there results that solely affect their placement.
It is supply and demand and I have done enough economics (in college) to know that is it... The demand is driven by the number of points needed for the courseand the supply is the places in particular courses in College.. The American system is distorting the demand by placing financial constraints which just distorts the market.
I was just interested in what you meant by supply and demand. Thank you for your response. I really don't care how you do things in Ireland and do not want to engage in any kind of discussion at all with a European about anything.
Grand so... Better go back to that isolationist world and learn nothing from the outside world... Europeans have often robbed good ideas of the US but it seems even with overwhelming evidence that European Systems are cheaper and producing better results (bang for buck) you would turn away from it...
Is this ideology over common sense...
The fucking Socialist Governments opened the floodgates for millions of sand monkey muslims to basically destroy these countries assuming the sand monkeys would vote for a Socialist government. Like Obama has done allowing millions of illegal Latinas assuming one day they will be good little Dems.
These countries economies are an international joke. NO ONE! will lend them any more money.
Move to Greece or Spain or Portugal. I'm sure you'll find their "systems" are doing great.