The Economics of Higher Education

Author: C. R. Belfield
Publisher: Edward Elgar Pub
ISBN:
Format: PDF
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'This book does pretty much what it says on the tin. It claims to be "an essential reference source for students, researchers and lecturers', and that is what it will be for anyone interested in current thinking on the economics of higher education. This is the one hundred and sixty-fifth volume in the International Library of Critical Writings in Economics: other disciplines and subject areas must jealously wish they were so well provided for. . . There is much of interest, and much to learn from, here.' - Malcolm Tight, Studies in Higher Education Higher education is beginning to play an increasingly important role in the process of globalization, which promotes information technologies, development and diffusion of innovations and the ability of economies to benefit from rapid shifts in the production of goods, services, and ideas. In this volume the editors have brought together some of the most significant previously published academic papers describing how highly skilled graduate labour impacts on the economy. Topics covered include the economic benefits of higher education, student choice of subject and university, the technology of higher education, empirical research on the cost functions faced by universities, the funding and financing of university education, the market for higher education and how universities compete.

Economics of Higher Education

Author: Robert K. Toutkoushian
Publisher: Springer
ISBN: 9401775060
Format: PDF, ePub, Mobi
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This book examines the many ways in which economic concepts, theories and models can be used to examine issues in higher education. The topics explored in the book include how students make college-going decisions, the payoffs to students and society from going to college, markets for higher education services, demand and supply in markets for higher education, why and how state and federal governments intervene in higher education markets, college and university revenues and expenditures, how institutions use net-pricing strategies and non-price product-differentiation strategies to pursue their goals and to compete in higher education markets, as well as issues related to faculty labor markets. The book is written for both economists and non-economists who study higher education issues and provides readers with background information and thorough explanations and illustrations of key economic concepts. In addition to reviewing the contributions economists have made to the study of higher education, it also examines recent research in each of the major topical areas. The book is policy-focused and each chapter analyses how contemporary higher education policies affect the behaviour of students, faculty and/or institutions of higher education. "Toutkoushian and Paulsen attempted a daunting task: to write a book on the economics of higher education for non-economists that is also useful to economists. A book that could be used for reference and as a textbook for higher education classes in economics, finance, and policy. They accomplish this tough balancing act with stunning success in a large volume that will serve as the go-to place for anyone interested in the history and current thinking on the economics of higher education.” William E. Becker, Jr., Professor Emeritus of Economics, Indiana University

Higher Education and Economic Growth

Author: William E. Becker Jr.
Publisher: Springer Science & Business Media
ISBN: 9401581673
Format: PDF
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After decades of effortless growth and prosperity, America's postsecondary institutions of education have come under increasing financial stress and waning public support. In part, this stress reflects a slowdown in the real rate of national economic growth and the loss of federal and state revenues for education generally. It also reflects a trend of state legislatures simply giving higher education an ever lower ranking on the list of funding priorities. Postsecondary educational institutions in the United States will continue to face increasing financial stress and waning public support as critics question the contribution of higher education to economic growth, which historically has been a major rationale for funding. Unless the trends in education financing can be changed, higher edu cation can be expected to stagnate. What, if anything, can be done? As a starting point, advocates of higher education need to more fully recognize the important ways in which higher education influences technological change and also is influenced by that change. As demonstrated by the chapters in this book, higher education is not a neutral or passive player in economic growth. This volume addresses topics related to the role of postsecondary education in national economic development within the United States.

The Academy in Crisis

Author: John W. Sommer
Publisher: Transaction Publishers
ISBN: 9781412816366
Format: PDF, ePub, Docs
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Assembling a methodical examination of government's pervasive involvement in higher education and academic research, The Academy in Crisis vividly shows that the real beneficiaries are middle- and upper-income students and the educational establishment itself, who exploit the rest of society, especially the poor. In a stimulating and innovative analysis, the book further traces the symptoms of academic decay to the perverse incentives facing those within the modern bureaucracies of higher education. The trashing of American higher education has become a growth sector in the intellectual marketplace. However, The Academy in Crisis shows that the problems run deeper than nostalgia for "the good old days." With government determining the contours of higher education, meaningful reform will never be successful until battle is waged with the resulting government-university complex.

The Economics of American Higher Education

Author: William E. Becker Jr.
Publisher: Springer Science & Business Media
ISBN: 9401129509
Format: PDF, Docs
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Postsecondary educational institutions in the United States are facing increasing financial stress and waning public support. Unless these trends can be changed, higher education can be expected to stagnate. What, if anything, can be done? As a starting point, advocates of higher education need to more fully recognize the issues associated with the economic mission of higher education and how this mission gets translated into individual student gains, regional growth, and social equity. This requires an understanding of the relationship between the outcomes of higher education and measures of economic productivity and well-being. This volume addresses topics related to the role of postsecondary education in microeconomic development within the United States. At tention is given to the importance of colleges and universities 'in the enhancement of individual students and in the advancement of the com munities and states within which they work. Although several of the chapters in this volume are aimed at research/teaching universities, much of what is presented throughout can be generalized to all of postsecondary education. Little attention, however, is given to the role of higher education in the macroeconomic development of the United States; this topic is covered in our related book, American Higher Education and National Growth.

Economic Insights on Higher Education Policy in Ireland

Author: John Cullinan
Publisher: Springer
ISBN: 3319485539
Format: PDF
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This book brings together research relating to the economics of higher education in Ireland and presents evidence that will help support policy decision making. It provides an analysis of prominent issues within the higher education sector from an economic viewpoint, discussing the relevant theory and offering an empirical analysis. The book examines three broad themes with a specific focus on issues related to undergraduate education: participation and preferences, progression and outcomes, and benefits and financing. Each chapter presents an accessible, non-specialist analysis of the topic of interest, making it relevant to a wider audience. In doing so, the book provides an important addition to our current knowledge and understanding of higher education in Ireland from an economic perspective. Key chapters discuss the factors influencing institution choices, student retention in higher education, and policy debates surrounding student finance. The book will serve as a useful and up-to-date resource for policymakers, researchers, academics and students across a range of disciplines, both in Ireland and internationally.

The Political Economy of Higher Education Finance

Author: Julian L. Garritzmann
Publisher: Springer
ISBN: 3319299131
Format: PDF, Kindle
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This book analyzes the political economy of higher education finance across a range of OECD countries, exploring why some students pay extortionate tuition fees whilst for others their education is free. What are the redistributional consequences of these different tuition-subsidy systems? Analysing the variety of existing systems, Garritzmann shows that across the advanced democracies “Four Worlds of Student Finance” exist. Historically, however, all countries’ higher education systems looked very much alike in the 1940s. The book develops a theoretical model, the Time-Sensitive Partisan Theory, to explain why countries have evolved from a similar historical starting point to today’s very distinct Four Worlds. The empirical analyses combine a wide variety of qualitative and quantitative evidence, studying higher education policies in all advanced democracies from 1945-2015.

Economics of Higher Education

Author: Gill Wyness
Publisher:
ISBN: 9781138669321
Format: PDF, Kindle
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"The intersection of economics and higher education has never been more apparent. Increasingly, economic principles are applied to analyses of education and education policy. Edited by a leading scholar, The Economics of Higher Education meets the need for an authoritative reference work to codify and make sense of the field's burgeoning literature. The editor has drawn on the most important and influential research from a broad range of countries and perspectives to create a one-stop 'mini library'"--