B2 – Upper Intermediate
It has been demonstrated that education has the greatest impact on one’s economic success. Does this imply that increased education has more positive economic effects, taking into account the numerous factors brought about by technological development that influences the skill set needed by the economy.
Watch the video below to learn more why more education is not always necessarily better.
Vocabulary Questions:
- Define “skilled migration“. “Finding the right balance is going to be hard, especially as new technologies are constantly changing the skill sets that are demanded by the economy and that’s before considering variables like skilled migration, which can add or subtract skills to the labor market very quickly.” Please create your own sentence using the phrase.
- What does “too much of a good thing” mean? “Are our modern economies becoming overeducated and if they are, what are the consequences of having too much of a good thing?” Use this expression in a sentence.
- What is the meaning of “egalitarian“? “In some highly egalitarian countries, education is paid for by the government.”
Discussion Questions:
- Do you agree that more education isn’t always better? Why or why not?
- What are the consequences of an overeducated population?
- Should we slow down the trend of people becoming more and more overeducated? Share your thoughts on this.
- Do you believe that the “Labor Theory of Value” is a perfect way of measuring value? Explain.
- What is the importance of subjective value?
- Talk about the balance of research and labor in your country.