Oci, shorthand for “educational assessment,” encompasses a lot more than just tests. Commonly, it also means creating online courses designed to measure the effectiveness of your students’ activities.
What Is Oci In Online Learning Measures
The four countries on the planet most similar to the US—Britain, Sweden, France, and Canada—are among the 10 wealthiest in the world. Recent research from the International Monetary Fund identifies the world’s elite countries by the average total return since 1946.
As a starting point for these countries, the IMF looks at their per capita incomes, government spending, per capita expenditures, personal income tax, income inequality, and various other factors. When combined, these measurements produce a common denominator across the world that is usually called Gross Domestic Product, or GDP.
In 2014, the IMF further studied seven other economic fundamentals, in particular those important to a high-performing economy: investment, the management of external trade, gross external debt (the amount of external loans), gross fixed capital formation, current account balance, investment rate, and research and development. Aspects of these fundamentals are again analyzed separately in the book Beyond GDP: An Illustrated Guide to the World’s Great Economies, by economist Benito Berber.
What was strikingly different about the United States compared to the countries analyzed in these and other studies is how it fares on the indicators with the highest potential to change the performance of any economy. To illuminate the connection between these indicators and GDP, John Mauldin reviews four particular measures, in the form of Open Learning, Participation, Technology, and Life Quality.
“Open Learning” measures the changes in access to educational resources by making available publicly available the databases of providers and other key information about K-12 public schools, colleges, community colleges, and universities. As one of the biggest barriers to school quality and competitiveness, this measure has the potential to influence educational outcomes. In fact, the US is the only country with an open learning strategy. It is always a good idea to be aware of the US’s notable contributions to educational outcomes.
The US was classified as a “participant country” for their commitment to free and open access to high-quality information-based and other innovative education sources and services, such as digital learning. Participation also denotes a country’s overall level of digital literacy, especially the local adoption of technology.
“Technology” was defined as the products and services that can be digitally mediated for personal use by any individual or group. This includes access to information, entertainment, and other services, as well as the use of computers, mobile devices, and the internet. As the world becomes increasingly digitalized, participation is of particular importance, making up for the fraction of the world’s population that is physically unable to access such information or services at present. When considering that 99.7% of people in the world do not yet have access to the internet, the increasing ratio of people with internet access also makes a contribution to a country’s innovation capacity.
“Life Quality” measures the availability of good health and life expectancy, comparing the comparative life outcomes of different countries. For example, the United States came in at number 41 on this list with an average life expectancy of 80.7 years. There was a great disparity between the countries, however, as high birth and death rates were found to be prevalent, for example, among sub-Saharan African countries and nations in Latin America and the Caribbean.
“Implicit in all of these other categories is that education is an essential factor in living quality,” Mauldin summarizes. “Governments will do their best to provide as many resources for the best schools as possible. To encourage human progress, and also to do their best to maintain competitiveness in the global economy, there should be no shortage of opportunities to learn. What matters is the experience.”
Benito Berber is a Professor of Economics at the Faculty of Economics and Finance at the City University of Hong Kong. His work centers on the modern world, the implications of history for political economy, and development itself. Berber is also a political activist and serves as the world director of the Global Campaign for Nuclear Disarmament. A great deal of his research is focused on the major challenges facing global financial institutions, including the United Nations, the World Bank, and the IMF. Berber also organizes a biennial Asian conference and a global conference.