Education and Economics explores the crucial link between education and economic factors, examining how funding models, tuition costs, and broader economic forces influence access to quality education. The book argues that understanding these economic drivers is essential for shaping effective education policy and promoting equitable opportunities. It delves into the economics of education, including human capital theory and signaling theory, to understand how education impacts labor market outcomes. Did you know that the book analyzes different national education systems, comparing the Nordic model of free education to the market-driven approach in the United States?
The book progresses systematically, beginning with a theoretical framework and historical context, before delving into the core themes of education funding, tuition costs, and macroeconomic influences. It uses empirical evidence, including large-scale datasets, government reports, and interviews, to support its arguments. By connecting education economics to sociology and political science, the book provides a holistic perspective.
The increasing cost of tuition, especially at the tertiary level, is explored in depth, along with its implications for student debt and access for low-income individuals. This offers new perspectives through rigorous empirical analysis matched with real-world insights.
