Economics of Higher Education
Economics of Higher Education

Author: Robert K. Toutkoushian

Publisher: Springer

Published: 2016-03-18

Total Pages: 398

ISBN-13: 9401775060

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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

American Higher Education in the Twenty-First Century
American Higher Education in the Twenty-First Century

Author: Philip G. Altbach

Publisher: JHU Press

Published: 2005-02-25

Total Pages: 572

ISBN-13: 9780801880353

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This new edition explores current issues of central importance to the academy: leadership, accountability, access, finance, technology, academic freedom, the canon, governance, and race. Chapters also deal with key constituencies -- students and faculty -- in the context of a changing academic environment.

The Economics of American Universities
The Economics of American Universities

Author: Stephen A. Hoenack

Publisher: SUNY Press

Published: 1990-01-01

Total Pages: 296

ISBN-13: 9780791400289

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This book discusses the adjustment of universities to the changing financial environment. Its authors analyze the relationship between higher education inputs and outputs, assess the available information about the determinants of university costs, survey the influence of market conditions and pricing strategies on students' demands for attendance at institutions of higher education, summarize research on the objectives for institutions of higher education held by different participants and funders, analyze how universities determine their priorities and relative funding for different activities and disciplines, and explore the economics of universities' research functions. In addition, the book addresses three questions regarding the external fiscal environment facing American universities. What are the recent and emerging changes in the key economic variables affecting these institutions? What mechanisms have universities used in the past to cope with tighter financial constraints? What are the implications for university research activities as these institutions adjust to their fiscal constraints?

The Dialogue between Higher Education Research and Practice
The Dialogue between Higher Education Research and Practice

Author: Roddy Begg

Publisher: Springer Science & Business Media

Published: 2007-11-23

Total Pages: 147

ISBN-13: 0306483688

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This book addresses the interface between research, policy and practice in the fields of Higher Education Management and Institutional Research. It provides an overview of the current state of research and best managerial practice in the field of HE Management, so vital to the well-being of higher education, and currently at a crucial stage of evolution in so many countries of Europe and the rest of the world.

Higher Education Under Fire
Higher Education Under Fire

Author: Michael Bérubé

Publisher: Psychology Press

Published: 1995

Total Pages: 392

ISBN-13: 9780415908061

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First Published in 1995. Routledge is an imprint of Taylor & Francis, an informa company.

Economic Challenges in Higher Education
Economic Challenges in Higher Education

Author: Charles T. Clotfelter

Publisher: University of Chicago Press

Published: 2008-04-15

Total Pages: 436

ISBN-13: 0226110621

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The last two decades have been a turbulent period for American higher education, with profound demographic shifts, gyrating salaries, and marked changes in the economy. While enrollments rose about 50% in that period, sharp increases in tuition and fees at colleges and universities provoke accusations of inefficiency, even outright institutional greed and irresponsibility. As the 1990s progress, surpluses in the academic labor supply may give way to shortages in many fields, but will there be enough new Ph.D.'s to go around? Drawing on the authors' experience as economists and educators, this book offers an accessible analysis of three crucial economic issues: the growth and composition of undergraduate enrollments, the supply of faculty in the academic labor market, and the cost of operating colleges and universities. The study provides valuable insights for administrators and scholars of education.

Productivity in Higher Education
Productivity in Higher Education

Author: Caroline M. Hoxby

Publisher: University of Chicago Press

Published: 2019-11-22

Total Pages: 337

ISBN-13: 022657458X

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How do the benefits of higher education compare with its costs, and how does this comparison vary across individuals and institutions? These questions are fundamental to quantifying the productivity of the education sector. The studies in Productivity in Higher Education use rich and novel administrative data, modern econometric methods, and careful institutional analysis to explore productivity issues. The authors examine the returns to undergraduate education, differences in costs by major, the productivity of for-profit schools, the productivity of various types of faculty and of outcomes, the effects of online education on the higher education market, and the ways in which the productivity of different institutions responds to market forces. The analyses recognize five key challenges to assessing productivity in higher education: the potential for multiple student outcomes in terms of skills, earnings, invention, and employment; the fact that colleges and universities are “multiproduct” firms that conduct varied activities across many domains; the fact that students select which school to attend based in part on their aptitude; the difficulty of attributing outcomes to individual institutions when students attend more than one; and the possibility that some of the benefits of higher education may arise from the system as a whole rather than from a single institution. The findings and the approaches illustrated can facilitate decision-making processes in higher education.

Economics of Education
Economics of Education

Author: Michael Lovenheim

Publisher: Worth

Published: 2019-12-18

Total Pages:

ISBN-13: 9781319282202

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While there are many great research articles, good books, and provocative policy analyses related to the economics of education, these materials are often written to influence the policy process and not necessarily for students with limited knowledge of the underlying policies and the economic framework. This textbook is intended to serve as a foundation for a broad-based course on the economics of education. Its goal is to provide an overview of economics of education research: to lay out the evidence as clearly as possible, note agreements, disagreements, and unresolved points in literature, and to help students develop the tools necessary to draw their own conclusions.

The Economics of Higher Education in the United States
The Economics of Higher Education in the United States

Author: Thomas Adam

Publisher: Texas A&M University Press

Published: 2019-03-27

Total Pages: 234

ISBN-13: 1623497442

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In The Economics of Higher Education in the United States, editors Thomas Adam and A. Burcu Bayram have assembled five essays, adapted from the fifty-second annual Walter Prescott Webb Memorial Lecture Series, that focus on the increasing cost of college—a topic that causes great anxiety among students, parents, faculty, administrators, legislators, and taxpayers. Essays focus on the funding of colleges, the funding of professional schools, and the provision of scholarships and student loans for undergraduate students to reveal the impact of money on the structure of institutions of higher education and the organization of colleges. The cost of higher education has risen dramatically as both states and the federal government have significantly lowered their contributions to offset that cost. With rising tuition and cost of living—on top of a growing student population—too many graduates find themselves in financial trouble after earning their undergraduate degree. Mounting student debt prevents an increasing number of young professionals from embarking on the very life for which their education was supposed to prepare them. How have we come from a political environment in which higher education was perceived as a public good, normally free to the user, to an environment in which higher education is seen as a privilege subject primarily to market forces? The Economics of Higher Education in the United States offers a desperately needed analysis in an attempt to understand and tackle this looming problem.