Education Economics

(noun)

The study of economic issues relating to education, including the demand for education and the financing and provision of education.

Related Terms

  • brain drain
  • human capital

Examples of Education Economics in the following topics:

  • Education and Industrialization

    • It has been argued that high rates of education are essential for countries to be able to achieve high levels of economic growth.
    • Education economics is the study of economic issues relating to education, including the demand for education and the financing and provision of education.
    • Educational technology is the study and ethical practice of facilitating learning and improving performance by creating, using, and managing appropriate technological processes and resources.
    • Educational technology is intended to improve education over what it would be without technology.
    • Define education economics, human capital, human capital flight, and educational technology
  • Unequal Access to Education

    • In high school, economic, family, and social demands may lead some students to drop out before finishing.
    • In the United States, as in most countries, people with more education tend to enjoy higher economic status, power, prestige, and levels of income.
    • Even in high school, economic, family, and social demands may lead some students to drop out before finishing.
    • The federal government supplies around 8.5% of the public school system funds, according to a 2005 report by the National Center for Education Statistics.
    • Trends in reading scores collected by the National Assessment of Educational Progress (NAEP), with the light-gray line indicating data collection at age 9, dark-gray at age 13, and black at age 17.
  • Education and Liberty in the Developing World

    • Education is becoming increasingly international.
    • Universal Primary Education is one of the eight Millennium Development Goals, and great improvements have been achieved in the past decade, yet a great deal remains to be done.
    • For many families in developing countries the economic benefits of no primary schooling are enough to offset the opportunity cost of attending.
    • Education is becoming increasingly international.
    • Countries fall into three broad categories based on their Education Index: high, medium, and low human development.
  • School

    • Education is the process by which society transmits its accumulated knowledge, skills, customs and values from one generation to another.
    • Education is the means through which the aims and habits of a group of people is transmitted from one generation to the next.
    • Education is perceived as an endeavor that enables children to develop according to their unique needs and potential.
    • It was after World War II, however, that the subject received renewed interest around the world: from technological functionalism in the US, egalitarian reform of opportunity in Europe, and human-capital theory in economics.
    • Education also performs another crucial function.
  • Growing Gap Between Rich and Poor

    • Economic inequality (also known as the gap between rich and poor) consists of disparities in the distribution of wealth and income.
    • The issue of economic inequality is related to the ideas of equity: equality of outcome and equality of opportunity.
    • There are many reasons for economic inequality within societies, and they are often interrelated.
    • Acknowledged factors that impact economic inequality include, but are not limited to:
    • Typical government initiatives to reduce economic inequality include:
  • The Upper Middle Class

    • According to his definition, the middle class consists of an upper-middle class, made up of professionals distinguished by exceptionally high educational attainment and high economic security; and a lower-middle class, consisting of semi-professionals.
    • Educational attainment is a distinguishing feature of the upper-middle class.
    • Moreover, members of the upper-middle class are generally more economically secure than their lower-middle class counterparts.
    • Holding advanced degrees and high status in corporations and institutions tends to insulate the upper-middle class from economic downturns.
    • Members of this class are likely to be in the top income quintile, or the top 20% of the economic hierarchy.
  • Global Stratification and Inequality

    • Educational attainment is associated with increased wealth, health, and social status.
    • Significantly, because SES measures a range of variables, it does not merely measure economic inequality.
    • Material resources are not distributed equally to people of all economic statuses.
    • Macro-level analysis considers the role of economic systems in shaping individuals' resources and opportunities.
    • Modernists believe large economic growth is the key to reducing poverty in poor countries.
  • Income Distribution

    • Since the 1970s, income inequality has grown almost continuously, with the exceptions being during the economic recessions in 1990-91, 2001, and 2007.
    • Education is an indicator of class position, meaning that unequal distribution of income by education points to inequality between the classes.
  • The Social Reproduction of Inequality

    • Conflict theorists argue that the democratic mission of education has failed because it has reproduced social and economic inequalities.
    • Students who work hard in school should be able to land good jobs and advance themselves, climbing the latter to social and economic success.
  • Teachers: Employees and Instructors

    • In 2011, American teachers worked 1,097 hours in the classroom, the most for any industrialized nation measured by the Organization for Economic Cooperation and Development.
    • In 2011, American teachers worked 1,097 hours in the classroom, the most for any industrialized nation measured by the Organization for Economic Cooperation and Development.
Subjects
  • Accounting
  • Algebra
  • Art History
  • Biology
  • Business
  • Calculus
  • Chemistry
  • Communications
  • Economics
  • Finance
  • Management
  • Marketing
  • Microbiology
  • Physics
  • Physiology
  • Political Science
  • Psychology
  • Sociology
  • Statistics
  • U.S. History
  • World History
  • Writing

Except where noted, content and user contributions on this site are licensed under CC BY-SA 4.0 with attribution required.