000760773 000__ 06479cam\a2200469Ki\4500 000760773 001__ 760773 000760773 005__ 20230306142123.0 000760773 006__ m\\\\\o\\d\\\\\\\\ 000760773 007__ cr\cn\nnnunnun 000760773 008__ 160322s2016\\\\ne\\\\\\ob\\\\000\0\eng\d 000760773 019__ $$a945873669 000760773 020__ $$a9789401775069$$q(electronic book) 000760773 020__ $$a9401775060$$q(electronic book) 000760773 020__ $$z9789401775045 000760773 035__ $$aSP(OCoLC)ocn945375811 000760773 035__ $$aSP(OCoLC)945375811$$z(OCoLC)945873669 000760773 040__ $$aN$T$$beng$$erda$$epn$$cN$T$$dN$T$$dOCLCO$$dYDXCP$$dIDEBK$$dCDX$$dOCLCF$$dOCLCO$$dCOO$$dEBLCP$$dAZU$$dOCLCO 000760773 049__ $$aISEA 000760773 050_4 $$aLC65 000760773 08204 $$a338.4737 000760773 1001_ $$aToutkoushian, Robert Kevin,$$d1962-$$eauthor. 000760773 24510 $$aEconomics of higher education :$$bbackground, concepts, and applications /$$cRobert K. Toutkoushian, Michael B. Paulsen. 000760773 264_1 $$aDordrecht :$$bSpringer Science + Business Media,$$c[2016] 000760773 300__ $$a1 online resource. 000760773 336__ $$atext$$btxt$$2rdacontent 000760773 337__ $$acomputer$$bc$$2rdamedia 000760773 338__ $$aonline resource$$bcr$$2rdacarrier 000760773 504__ $$aIncludes bibliographical references. 000760773 5050_ $$aAcknowledgments; Contents; About the Authors; Chapter 1: Introduction; Chapter 2: Overview of Economic Reasoning and Terminology; Introduction; Background; How Economists Think and Do Their Work; Assumptions, Assumptions; Review of Key Economic Concepts; Comparative Statics; Marginal Analysis; Demand, Supply, and Competitive Markets; Higher Education Markets; Final Thoughts; References; Chapter 3: Student Investment in Higher Education; Introduction; Background; Private Costs of College; Private Benefits of College; Net Present Value of College 000760773 5058_ $$aA Five-Stage Model of the College Choice ProcessExtensions; Policy Focus; Final Thoughts; Glossary; References; Chapter 4: Private and Social Returns to Higher Education; Introduction; Background; Conducting Return on Higher Education Studies; Aggregate-Level Studies of the Return to College; Private Return to Graduating College; Social Return to Graduating College; Return to Earning an AssociateÅ› Degrees; Return to Earning a Graduate Degree; Private and Social Returns to Attending College; Comparisons of Measures of Return to College; Methodological Issues in Aggregate-Level Studies 000760773 5058_ $$aFindings from Aggregate-Level StudiesReturn to BachelorÅ› Degrees; Return to AssociateÅ› Degrees; Return to Graduate Degrees; New Estimates of the Return to College; Individual-Level Studies of the Return to College; Extensions; Policy Focus; Student Loans and Borrowing; Final Thoughts; Glossary; References; Chapter 5: Demand and Supply in Higher Education; Introduction; Background; Demand for Higher Education; Market Demand for Postsecondary Education; Changes in Quantity Demanded; Changes in Demand; Supply of Postsecondary Education; Changes in Quantity Supplied; Changes in Supply 000760773 5058_ $$aEquilibrium in Postsecondary MarketsChanges in Equilibrium; Elasticity Measures in Postsecondary Markets; Own-Price Elasticity of Demand; Own-Price Elasticity of Supply; Cross-Price Elasticity of Demand; Income Elasticity of Demand; Issues in Measuring Elasticity; Extensions; Alternative Measures of Demand; Quasi-Experimental Methods; Policy Focus; State Broad-Based Merit Aid; Growth of For-Profit Higher Education Sector; Final Thoughts; Glossary; References; Chapter 6: The Role of Government in Higher Education; Introduction; Background; Public Goods and Externalities in Education 000760773 5058_ $$aPositive Externalities and Higher EducationConsumer and Producer Surplus; Positive Externalities; Government Intervention and Externalities; Marginal Cost and Benefit Analysis of Government Intervention; Uniform Subsidies; Non-uniform Subsidies; Extensions; Policy Focus; High-Tuition/High-Aid vs. Low-Tuition/Low-Aid; Sharing the Cost of Higher Education; Final Thoughts; Glossary; References; Chapter 7: Higher Education Revenues and Expenditures; Introduction; Background; Economic Analysis of Revenues; Economic Analysis of Expenditures; Extensions; Policy Focus; Final Thoughts; Glossary 000760773 506__ $$aAccess limited to authorized users. 000760773 520__ $$aThis book examines the many ways in which economic concepts, theories and models can be used to examine issues in higher education. The topics explored in the book include how students make college-going decisions, the payoffs to students and society from going to college, markets for higher education services, demand and supply in markets for higher education, why and how state and federal governments intervene in higher education markets, college and university revenues and expenditures, how institutions use net-pricing strategies and non-price product-differentiation strategies to pursue their goals and to compete in higher education markets, as well as issues related to faculty labor markets. The book is written for both economists and non-economists who study higher education issues and provides readers with background information and thorough explanations and illustrations of key economic concepts. In addition to reviewing the contributions economists have made to the study of higher education, it also examines recent research in each of the major topical areas. The book is policy-focused and each chapter analyses how contemporary higher education policies affect the behaviour of students, faculty and/or institutions of higher education. "Toutkoushian and Paulsen attempted a daunting task: to write a book on the economics of higher education for non-economists that is also useful to economists. A book that could be used for reference and as a textbook for higher education classes in economics, finance, and policy. They accomplish this tough balancing act with stunning success in a large volume that will serve as the go-to place for anyone interested in the history and current thinking on the economics of higher education." William E. Becker, Jr., Professor Emeritus of Economics, Indiana University. 000760773 650_0 $$aEducation, Higher$$xEconomic aspects. 000760773 7001_ $$aPaulsen, Michael B.,$$eauthor. 000760773 77608 $$iPrint version:$$aToutkoushian, Robert K.$$tEconomics of higher education : background, concepts, and applications.$$d[New York, NY] : Springer, [2016]$$z9789401775045$$w(DLC)18959670 000760773 852__ $$bebk 000760773 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-94-017-7506-9$$zOnline Access$$91397441.1 000760773 909CO $$ooai:library.usi.edu:760773$$pGLOBAL_SET 000760773 980__ $$aEBOOK 000760773 980__ $$aBIB 000760773 982__ $$aEbook 000760773 983__ $$aOnline 000760773 994__ $$a92$$bISE