The economics of educational planning, with special reference to underdeveloped countries

Abstract

The object of this thesis is to consider ways in which the planning of education may be brought within the field of general economic planning, especially in underdeveloped countries. The interest in the economics of education among professional economists, especially in recent years, makes it unnecessary to apologise for trying to apply economic analysis to a field of activity often felt to belong rather to politics, sociology and ethics than to economics. Certainly education, considered as a commodity, is a very peculiar one and economists discussing it must not neglect its peculiarities. But there are two compelling reasons why they have the right, indeed duty, to examine its place in the economic system as best they can. Show more