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This book examines the economic issues of education from an unusually systematic and broad perspective. Although the book is soundly based in economic theory, it is not heavily mathematical. Economic Dimensions in Education is designed to provide an introductory analysis of economic issues in education both in academic life and in the general community. Some of the issues discussed include the nature and reasons for public sector activity in education, the role education plays in providing skilled human resources for an economy, and the economic consequences of migration between countries of educated peoples. The book also deals with various aspects of demand: patterns of educational demand,...
Literature survey of educational research materials on the economics of education and educational expenditure in the UK, with emphasis on the cost benefit analysis of education - includes employment of school leavers and university graduates, educational planning, financing, etc. Bibliography.
A theoretical framework for analyzing the complex relationship of education, growth, and income distribution. The dominant role played by the state in the financing, regulation, and provision of primary and secondary education reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of education depends on political as well as market mechanisms to resolve issues that arise because of contrasting views on such matters as income inequality, social mobility, and diversity. This book provides the theoretical framework necessary for understanding the political economy of education—the complex relationship of education, economic ...
A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into ...
Education at a Glance is the authoritative source for information on the state of education around the world. The 2021 edition includes a focus on equity, investigating how progress through education and the associated learning and labour market outcomes are impacted by dimensions such as gender, socio-economic status, country of birth and regional location.
Every year, the World Bank’s World Development Report (WDR) features a topic of central importance to global development. The 2018 WDR—LEARNING to Realize Education’s Promise—is the first ever devoted entirely to education. And the time is right: education has long been critical to human welfare, but it is even more so in a time of rapid economic and social change. The best way to equip children and youth for the future is to make their learning the center of all efforts to promote education. The 2018 WDR explores four main themes: First, education’s promise: education is a powerful instrument for eradicating poverty and promoting shared prosperity, but fulfilling its potential req...
This book examines the economic issues of education from an unusually systematic and broad perspective. Although the book is soundly based in economic theory, it is not heavily mathematical. Economic Dimensions in Education is designed to provide an introductory analysis of economic issues in education both in academic life and in the general community. Some of the issues discussed include the nature and reasons for public sector activity in education, the role education plays in providing skilled human resources for an economy, and the economic consequences of migration between countries of educated peoples. The book also deals with various aspects of demand: patterns of educational demand,...