The Economics of Higher Education

实习生ational Library of Critical Writings in Economics series

Edited by Clive R. Belfield, Assistant Professor of Economics, Queens College, City University of New York, US and Henry M. Levin, William Heard Kilpatrick Professor of the Economics of Education and Director, National Center for the Study of Privatization in Education, Teachers College, Columbia University, US

Higher education is beginning to play an increasingly important role in the process of globalization, which promotes information technologies, development and diffusion of innovations and the ability of economies to benefit from rapid shifts in the production of goods, services, and ideas. In this volume the editors have brought together some of the most significant previously published academic papers describing how highly skilled graduate labour impacts on the economy. Topics covered include the economic benefits of higher education, student choice of subject and university, the technology of higher education, empirical research on the cost functions faced by universities, the funding and financing of university education, the market for higher education and how universities compete.

‘The volume is well structured and will provide a good starting point for economists coming to the subject. . . the selection of papers is a good one for a showcase volume and the volume is a very good addition to the International Library of Critical Writings series.’
– Robert McNabb, Education Economics

‘The volume is indeed very rich with theoretical and analytical contributions made by as many as 64 front-line economists to various economic aspects of higher education. . . The Economics of Higher Education stands as a major contribution to the literature on economics of education, that one would desire to have in their bookshelf as a handy valuable reference volume. . .’
– Jandhyala B.G. Tilak, Journal of Educational Planning and Administration

‘. . . the authors have performed a very useful service for the academic community and for policymakers in bringing together such a comprehensive collection of papers; papers that either have or probably will stand the test of time.’
– John Mace, Higher Education Review

‘This book does pretty much what it says on the tin. It claims to be “an essential reference source for students, researchers and lecturers’, and that is what it will be for anyone interested in current thinking on the economics of higher education. This is the one hundred and sixty-fifth volume in the International Library of Critical Writings in Economics: other disciplines and subject areas must jealously wish they were so well provided for. . . There is much of interest, and much to learn from, here.’
– Malcolm Tight, Studies in Higher Education