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Education and Economics: Disciplinary Evolution and Policy Discourse

Author

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  • Chattopadhyay, Saumen

    (Jawaharlal Nehru University)

Abstract

Education is increasingly being viewed as central to issues of development like productivity, income distribution, employment, and knowledge as an input to production. This book deconstructs the interface between economic theory and education in order to unravel how education contributes to socio-economic development in India. Moving beyond the neo-classical approach, it uses alternative theoretical perspectives to analyse the linkages between education and society. With a unique blend of theory and policy, the author covers a wide range of issues such as the relationship between quality of education and economic growth a critical overview of the input-output approach and human capital theory education as a public good the specific features of the education market, the nature of competition in this market, and the role of the government funding, delivery, and regulation of education the role of the public and private sectors, and an evaluation of various Bills currently under consideration in the Parliament and globalizing higher education and the entry of foreign education providers The book underlines that the key challenge lies in reconciling the objectives of attaining efficiency in resource use and competitiveness in the emerging global knowledge economy with that of realizing inclusive growth. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/9780198082255/toc.html

Suggested Citation

  • Chattopadhyay, Saumen, 2012. "Education and Economics: Disciplinary Evolution and Policy Discourse," OUP Catalogue, Oxford University Press, number 9780198082255.
    • Handle: RePEc:oxp:obooks:9780198082255
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    Cited by:

    1. Mladen Djuric & Marina Dobrota & Jovan Filipovic, 2020. "Complexity-based quality indicators for human and social capital in science and research: the case of Serbian Homeland versus Diaspora," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(1), pages 303-328, July.
    2. Ahmed, Manzoor, 2023. "Education in perennial crisis: Have we been asking the right questions?," International Journal of Educational Development, Elsevier, vol. 103(C).
    3. Mladen Djuric & Jovan Filipovic & Stefan Komazec, 2020. "Reshaping the Future of Social Metrology: Utilizing Quality Indicators to Develop Complexity-Based Scientific Human and Social Capital Measurement Model," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 148(2), pages 535-567, April.
    4. Satis Devkota & Shankar Ghimire & Mukti Upadhyay, 2021. "What Factors in Nepal Account for the Rural–Urban Discrepancy in Human Capital? Evidence from Household Survey Data," Economies, MDPI, vol. 9(2), pages 1-14, May.
    5. Jannet Farida Jacob, 2018. "Human capital and higher education: rate of returns across disciplines," Economics Bulletin, AccessEcon, vol. 38(2), pages 1241-1256.
    6. Varughese, Aswathy Rachel & Bairagya, Indrajit, 2021. "Interstate variation in household spending on education in India: Does it influence educational status?," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 405-415.
    7. Bose, Sukanya & Noopur, A. & Nayudu, Sri Hari, 2022. "Intergovernmental Fiscal transfers and Expenditure on Education in India: State level analysis, 2005 to 2020," Working Papers 22/377, National Institute of Public Finance and Policy.

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