Economic Dimensions in Education

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A01=Martin O'Donoghue
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Author_Martin O'Donoghue
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Community’s Limited Resources
Consumption Benefits
economics of educational investment
educational finance models
educational policy analysis
Educational Spending
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Forgone Earnings
Fundamental Research
General Educational Development
Greater Relative Importance
human capital theory
Independent Study
labor market outcomes
Manpower Forecasting
Manpower Projections
Martin O'Donoghue
Mediterranean Regional Project
Modal Educational Level
Negative Relationship
Past School Experience
Peak Earnings
Pennsylvania State University
Practical Pressures
Public Sector Aid
resource allocation education
skills development economics
St Louis Area
Total Student Body
Tv Signal
Underprivileged Pupils
Voucher Scheme
West Germany

Product details

  • ISBN 9781138522572
  • Weight: 453g
  • Dimensions: 152 x 229mm
  • Publication Date: 25 Sep 2017
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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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, individual demand for education as a form of social investment for the community, and supply aspects of education as related to types and sizes of educational establishments and problems of ensuring the efficient provision of education.

There has been a growing interest in the economic aspects of education. The considerable growth in the volume of educational activity is now at the point where today education is one of the largest industries in most countries and also one of the chief employers of highly skilled personnel. The recognition that education may have a significant influence on the employment and income opportunities and hence affect the distribution of income and wealth in society is also a factor. A final reason stems from the post-war emphasis on economic growth and development, with education playing an important role as a provider of skilled personnel for an economy.

This classic volume is comprehensive, clearly written, and will appeal to undergraduates and first-year graduate students. The treatment is firmly embedded in economic theory and is must reading for those professional economists concerned with education.

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