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This book brings together leading scholars in the field to provide insights on economics of education.
The book begins with an overview of education and human capacity development and looks at the production of education through individuals' learning, education financing, and the role of individual circumstances. It also analyses the complex relationship between education and mobility and highlights what key challenges for education systems in a global world are. Each chapter provides detailed analysis of interesting and policy-relevant topics in the fields of education economics and human capacity development.
This book is a useful reference for those who wish to understand the changing landscape and models of higher education in the context of digital advances and innovation. It will also be of interest to those in the areas of education and training.
Silvia Mendolia is Senior Lecturer at the University of Wollongong, Australia. Martin O'Brien is Associate Professor at the University of Wollongong, Australia. Alfredo R. Paloyo is Associate Professor at the University of Wollongong, Australia. Oleg Yerokhin is Senior Lecturer at the University of Wollongong, Australia.
1.Introduction: Understanding economics of education 2. Underrepresentation of women in undergraduate economics degrees in Europe: a comparison with STEM and business degrees 3. How should governments finance student loans? Lessons from around the world 4. Unintended consequences of free education in public colleges and universities in the Philippines 5. Education and family structure 6. Sibling health, schooling and longer-term developmental outcomes 7. Social mobility in the Philippines: a research roadmap 8. The effect of class size in schools on student outcomes 9. Returns on education in four transition countries 10. Distance matters: geographic accessibility and higher education participation decisions 11. The predictive power of big data in education
