Researchers have used economic tools to understand many aspects of education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. In recent years, the field of the economics of education has grown rapidly, and with improved linkages and data across developed and developing countries.
The Economics of Education: A Comprehensive Overview, Third Edition, offers a full and current overview of the field that is broadly accessible to economists, researchers and students. This new edition revises the authoritative chapters from past editions and adds new material covering recent developments, from school choice to teacher labour markets, changes in early childhood education and Covid pandemic influence. It also adds further developed (US and European) and developing country perspectives, reflecting global dynamics and the differences in institutional structures that shape teacher labour markets and the effect of competition on student outcomes.
- Provides international perspectives that describe the origins of key subjects, their major issues and proponents, their landmark studies and opportunities for future research
- Developing county perspectives and comparisons of cross-country institutions
- Requires no prior knowledge of the economics of education
- Fully updated to address school choice, teacher labour markets, changes in early childhood education, and Covid pandemic influence, among other recent developments