Economics of Education

Economics of Education

Research and Studies

1st Edition - January 1, 1987

Write a review

  • Editor: George Psacharopoulos
  • eBook ISBN: 9781483145259

Purchase options

Purchase options
DRM-free (PDF)
Sales tax will be calculated at check-out

Institutional Subscription

Free Global Shipping
No minimum order


Economics of Education: Research and Studies reviews key topics in the field of economics of education since 1960s. This book is organized into 12 parts. Part I and Part II focus on the supply side of human capital and narrower aspects of human capital creation by means of education. Subsequent parts look at the benefits of education; relationship between education and employment; controversies in the field of economics of education; issues of manpower planning; and methodology for empirically analyzing the issues in the economics of education. The last two parts address the costs of education, with emphasis on cost function, analysis and on the financing of education.

Table of Contents

  • Preface

    Economics of Education: A Review

    Part I The Formation of Human Capital

    Education and Population Quality

    Knowledge Industries and Knowledge Occupations

    Human Capital Concepts

    On-the-Job Training

    Part II Educational Production

    Educational Production Functions

    Educational Technology

    The Quality of Education

    Achievement Tests

    Wastage in Education

    University Internal Efficiency

    Accountability in Education

    Part III The Benefits of Education

    The Range of Educational Benefits

    The Contribution of Education to Development

    Education and Economic Growth

    Modernization and Education

    Farmers' Education and Economic Performance

    Labor Quality and Education

    Female Labor and Education

    Consumption and Other Benefits of Education

    Externalities in Education

    Part IV Education and Employment

    Education and the Labor Market

    Work and Education

    Labor Market Theories and Education

    Internal Labor Markets and Education

    Youth Unemployment and Education

    Graduate Unemployment and Education

    Job Information and Education

    Student Labor Market Expectations

    Expected Rates of Returns to Education

    Internal Migration and Education

    Immigrants' Economic Performance and Education

    The Economics of the Brain Drain

    Part V The Analysis of Earnings

    Earnings and Education

    Earnings Functions

    Vintage Effects and Education

    Public Sector Employment and Education

    Sex Earnings Differentials

    Race Earnings Differentials

    Demand Elasticities for Educated Labor

    Substitution Elasticities for Educated Labor

    Supply Elasticities for Educated Labor

    The Economics of Teacher Supply

    Part VI The Distribution of Educational Outcomes

    Income Distribution and Education

    Personal Earnings Variation and Education

    Status Attainment Models and Education

    Part VII Ability and Screening

    Intelligence Theories and Tests

    Heredity-Environment Intelligence Determinants

    Ability: Effects on Earnings

    The Alpha Coefficient

    Screening Models and Education

    Kinship Studies

    Self-Selection and Education

    Occupational Licensing and Education

    Part VIII Education and Manpower Planning

    The "Relevance" of Education

    Skill Excess and Shortage

    Economic Aspects of Educational Planning

    Forecasting Manpower Requirements

    The Planning of Vocational Education

    Planning Teacher Supply and Demand

    Part IX Planning Models

    The Manpower Requirements Approach

    The OECD's Mediterranean Regional Project

    Input-Output Analysis in Education

    The Tinbergen Model

    The Interindustry Model

    The International Comparisons Model

    The Cost-Benefit Model

    Shadow Wages and Rates of Return

    Cost-Effectiveness Analysis in Education

    Linear Programming Models

    The Bowles Model

    The Adelman Model

    Synthetic Educational Planning Models

    Social Demand Models

    The Social Demand Model

    Part X Longitudinal Analyses in Education

    Longitudinal Research Methods

    Tracer Studies

    Cohort Analysis

    Part XI Educational Costs

    Cost Analysis in Education

    Educational Cost Functions

    International Educational Expenditures

    Student Fees

    The Cost of Children

    Part XII The Financing of Education

    Educational Financing

    School Finance

    Public Finance in Education

    Financing Vocational and Industrial Education

    Student Loans

    Contributors' Index

    Name Index

    Subject Index

    Title Index

Product details

  • No. of pages: 498
  • Language: English
  • Copyright: © Pergamon 1987
  • Published: January 1, 1987
  • Imprint: Pergamon
  • eBook ISBN: 9781483145259

About the Editor

George Psacharopoulos

Affiliations and Expertise

The World Bank, Washington, USA

Ratings and Reviews

Write a review

There are currently no reviews for "Economics of Education"