Economics of higher education : background, concepts, and applications / Robert K. Toutkoushian, Michael B. Paulsen.
Toutkoushian, Robert Kevin, 1962- author.; Paulsen, Michael B., author.
2016
LC65
Available Online

Linked e-resources

Linked Resource Online Access
Concurrent users Unlimited
Authorized users Authorized users
Document Delivery Supplied Can lend chapters, not whole ebooks

Details

Title Economics of higher education : background, concepts, and applications / Robert K. Toutkoushian, Michael B. Paulsen.
Author Toutkoushian, Robert Kevin, 1962- author.
ISBN 9789401775069 (electronic book)
9401775060 (electronic book)
9789401775045
Published Dordrecht : Springer Science + Business Media, [2016]
Language English
Description 1 online resource.
Call Number LC65
Dewey Decimal Classification 338.4737
Summary 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.
Bibliography, etc. Note Includes bibliographical references.
Access Note Access limited to authorized users.
Added Author Paulsen, Michael B., author.
Available in Other Form Economics of higher education : background, concepts, and applications.
Linked Resources Online Access
Record Appears in Online Resources > Ebooks
All Resources
Acknowledgments; 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

A 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 Associateś 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

Findings from Aggregate-Level StudiesReturn to Bachelorś Degrees; Return to Associateś 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

Equilibrium 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

Positive 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

Browse Subjects

Show more subjects...

Statistics

from
to
Export