The Economic Case for Education
Overview & Synopsis
The case for education can be made from many perspectives. This paper makes the case for education based on economic outcomes. Surveying the most recent empirical evidence, it shows the crucial role of education for individual and societal prosperity. Education is a leading determinant of economic growth, employment, and earnings in modern knowledge-based economies. Ignoring the economic dimension of education would endanger the prosperity of future generations, with widespread repercussions for poverty, social exclusion, and sustainability of social security systems. Policy-makers interested in advancing future prosperity should particularly focus on educational outcomes, rather than inputs or attainment.
eric.ed.gov)
Document Information
| Document Title | The Economic Case for Education |
|---|---|
| Author / Organization | Woessmann, Ludger |
| Subject & Discipline | Role of Education, Evidence, Economic Impact |
| Categories | Education & Pedagogy |
| Publication Year | 2016 |
| License / Rights | Public Domain / Open Access Educational Resource |
| Resource Verification | Listed PDF (Verification Pending) |
| Original Host Website |
ERIC (Education Resources)
(eric.ed.gov)
|
| File Format | application/pdf (Portable Document Format) |
| Language | EN |
| Catalog ID | DOC-104889 |
| Original Source Link | Visit Source Page on eric.ed.gov » |