Economics of Higher Education

The book "Economics of Higher Education" offers a comprehensive analysis of the economic aspects of higher education. It examines how economic concepts, theories, and models can be applied to various issues in the field of higher education. Topics covered include students' decision-making regarding attending college, the societal and individual benefits of a degree, and the dynamics of supply and demand in the higher education market. Additionally, it discusses the necessity of state and federal interventions in the higher education market and how educational institutions manage their revenues and expenditures. The book is aimed at both economists and non-economists, providing a solid introduction to relevant economic concepts, supplemented by current research findings and policy analyses. It serves as both a reference work and a textbook, offering valuable insights into the effects of contemporary education policy on students, faculty, and institutions.