Economics of Education

A collection of short, stand-alone chapters divided into five sections including overview of the field;private and social returns to human capital investments;production, costs and ?nancing of education; teachers and teacher labor markets; andeducation markets, choice and incentives. The collection provides international perspectives that describe the origins of these subjects, their major issues and proponents, their landmark studies, and opportunities for future research.The 70 contributors are each well-regarded economists whose research has advanced the topic on which they write, and this book fulfills anundersupplied niche for a text in the economics of education.The chapters come from the acclaimedInternational Encyclopedia of Education, 3e (2010), edited byEva Baker, Barry McGaw, and Penelope Peterson.The Encyclopedia contains over 1,350 articles in 24 sections that stretch from educational philosophies and technologies to measurement, leadership, and national systems of education.