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Informationen zum Autor Saumen Chattopadhyay is Associate Professor, Zakir Husain Centre for Educational Studies, School of Social Sciences, Jawaharlal Nehru University, New Delhi. Klappentext The book explores various conceptualizations of education in economic theory and how this has influenced policymaking in education. It deconstructs the interface between economic theory and education to unravel the role played by education in socio-economic development. Zusammenfassung Education is increasingly being viewed as central to issues of development like productivity, income distribution, employment, and knowledge as an input to production. This book deconstructs the interface between economic theory and education in order to unravel how education contributes to socio-economic development in India. Moving beyond the neo-classical approach, it uses alternative theoretical perspectives to analyse the linkages between education and society.With a unique blend of theory and policy, the author covers a wide range of issues such as the relationship between quality of education and economic growth a critical overview of the input-output approach and human capital theory education as a public good the specific features of the education market, the nature of competition in this market, and the role of the government funding, delivery, and regulation of education the role of the public and private sectors, and an evaluation of various Bills currently under consideration in the Parliament and globalizing higher education and the entry of foreign education providers The book underlines that the key challenge lies in reconciling the objectives of attaining efficiency in resource use and competitiveness in the emerging global knowledge economy with that of realizing inclusive growth. Inhaltsverzeichnis List of Tables and Figures Preface Acknowledgements Abbreviations 1: An Introduction 2: The Human Capital Approach to Education 3: Technology, Knowledge, and Growth 4: Input-Output Analysis: The Concept of Production Function in Education 5: A Critique of the Human Capital Theory: Various Perspectives 6: Education as a Public Good 7: Concept of Market and Market Failure in Education 8: Economics of Education Policy 9: Challenges Facing Indian Education and Policy Initiatives Bibliography Index ...