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FORECASTING HIGHER EDUCATION IN JORDAN USING STATISTICAL TECHNIQUES

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Author(s): Dr. Moh'd Mahmoud Ajlouni

Journal: Economics and Finance Review
ISSN 2047-0401

Volume: 1;
Issue: 6;
Start page: 31;
Date: 2011;
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Keywords: Higher Education | Supply | Demand | Forecasting | Jordan

ABSTRACT
The tendency towards higher education largely influences the balance of the supply and demand of the higher education industry in Jordan. Building upon several numerical assumptions, this paper estimates the demand for and supply of higher education in Jordan for the next decade 2011-2020 employing growth, actual and quality ratio of students per staff models. The results show that, according to the actual ration model, current higher education providers in Jordan will be able to enroll more students and with least shortage levels over the next decade. While according to quality ration model the capacity of current higher education providers will not be able to enroll the growing demand levels. In between is the growth model; however, its results are more alike the actual ration model, but with larger variations either in the shortage period or in the surplus one.

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