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Cooperative education (or co-operative education) is a structured method of combining classroom-based education with practical work experience.. A cooperative education experience, commonly known as a "co-op" or work-study program, provides academic credit for structured work experiences, helping young people in school-to-work transition.
Cooperative (or co-operative) economics is a field of economics that incorporates cooperative studies and political economy toward the study and management of cooperatives. [ 1 ] History
Paid internships are common in professional fields including medicine, architecture, science, engineering, law, business (especially accounting and finance), technology, and advertising. [ citation needed ] Work experience internships usually occur during the second or third year of schooling.
Many employers expect students to graduate from college with relevant work experience, which is where a co-op or internship can come into play. "Schools, programs, employers call them different ...
Subfields of this include Co-operative economics, and the History of the cooperative movement. In December 2011 a special edition of the Journal of Co-operative Studies was given over to the subject of co-operative learning. Edited by Maureen Breeze, the edition contains 14 articles written by theorists and practitioners of co-operative learning.
Economic models are useful for analyzing cooperative relationships because they provide predictions on how individuals act when cooperation is an option. Economic models are not perfect, but they provide a general idea of how cooperative relationships work. Contrary to the mainstream dogma, a recently published article.
The Undergraduate Cooperative Education was recognized by U.S. News & World Report as one of the top 10 "Programs that Really Work" for five consecutive years. [169] U.S. News & World Report additionally ranked Georgia Tech's internship and cooperative education programs among 14 "Academic Programs to Look For" in 2006 and 2007. [108]
Economics is a science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. [ 9 ] Robbins describes the definition as not classificatory in "pick[ing] out certain kinds of behaviour" but rather analytical in "focus[ing] attention on a particular aspect of behaviour, the form imposed by the ...