1.

Record Nr.

UNINA9910255142103321

Autore

Toutkoushian Robert K

Titolo

Economics of Higher Education : Background, Concepts, and Applications / / by Robert K. Toutkoushian, Michael B. Paulsen

Pubbl/distr/stampa

Dordrecht : , : Springer Netherlands : , : Imprint : Springer, , 2016

ISBN

94-017-7506-0

Edizione

[1st ed. 2016.]

Descrizione fisica

1 online resource (398 p.)

Disciplina

370

Soggetti

Higher education

Microeconomics

Educational policy

Education and state

Public finance

Higher Education

Educational Policy and Politics

Public Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Introduction -- 1. Overview of Economic Reasoning and Terminology -- 2. Student Investment in Higher Education -- 3. Private and Social Returns to Higher Education -- 4. Demand and Supply in Higher Education -- 5. The Role of Government in Higher Education -- 6. Higher Education Revenues and Expenditures -- 7. Competition and Production in Higher Education -- 8. Labor Economics and Higher Education -- 9. Current and Emerging Research on Economics of Higher Education.

Sommario/riassunto

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.