Economics of Higher Education

Background, Concepts, and Applications

  • Robert K. Toutkoushian
  • Michael B Paulsen

Table of contents

  1. Front Matter
    Pages i-xi
  2. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 1-8
  3. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 9-43
  4. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 45-91
  5. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 93-147
  6. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 149-198
  7. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 199-230
  8. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 231-274
  9. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 275-322
  10. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 323-369
  11. Robert K. Toutkoushian, Michael B. Paulsen
    Pages 371-390

About this book

Introduction

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

Keywords

Association for Institutional Research college choice community colleges econometrics economic concepts economic principles economics education policy analysis educational policy faculty and graduate students in higher education four-year colleges higher education policy makers institutional sector labor economics leadership studies market for higher education non-economists private colleges public policy research universities

Authors and affiliations

  • Robert K. Toutkoushian
    • 1
  • Michael B Paulsen
    • 2
  1. 1.Meigs Hall 114The University of GeorgiaAthensUSA
  2. 2.Dept Educational Policy & LSUniv of IowaIowa CityUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-017-7506-9
  • Copyright Information Springer Science+Business Media B.V. 2016
  • Publisher Name Springer, Dordrecht
  • eBook Packages Education
  • Print ISBN 978-94-017-7504-5
  • Online ISBN 978-94-017-7506-9
  • About this book