Education Economics - Wikipedia Education Economics Not to be confused with Economics education. Part of a series on Economics A supply and demand diagram, illustrating the effects of an increase in demand Index Outline Category History Branches Classification History of economics Schools of economics Mainstream economics Heterodox economics Economic methodology Economic theory Political economy Microeconomics Macroeconomics International economics Applied economics Mathematical economics Econometrics JEL classification codes Concepts Theory Techniques Economic systems Economic growth Market National accounting Experimental economics Computational economics Game theory Operations research By application Agricultural Behavioral Business Cultural Demographic Development Digitization Ecological Education Engineering Environmental Evolutionary Expeditionary Economic geography Financial Health Economic history Industrial organization Information Institutional Knowledge Labour Law Managerial Monetary Natural resource Organizational Personnel Economic planning Economic policy Public economics Public / Social choice Regional Rural Service Socioeconomics Economic sociology Economic statistics Urban Welfare Welfare economics Notable economists François Quesnay Adam Smith David Ricardo Thomas Robert Malthus John Stuart Mill Karl Marx Léon Walras Alfred Marshall John Maynard Keynes Arthur Cecil Pigou Paul Samuelson Lists Economists Publications ( journals ) Glossary Glossary of economics Business and economics portal Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for individuals, the field of the economics of education has grown rapidly to cover virtually all areas with linkages to education. Contents 1 Education as an investment 1.1 Investment costs 1.2 Returns on investment 1.3 Effects on productivity 2 Demand for education 2.1 Demand for vs. supply of education 2.2 Liberal approaches 2.3 Marxist critique 3 Financing and provision 3.1 Pre-primary education financing 4 Education production function 5 Notable education economists 6 See also 7 Sources 8 Notes 9 References 10 Further reading 11 External links Education as an investment Economics distinguishes in addition to physical capital another form of capital that is no less critical as a means of production -- human capital. With investments in human capital, such as education, three major economic effects can be expected : increased expenses as the accumulation of human capital requires investments just as physical capital does, increased productivity as people gain characteristics that enable them to produce more output and hence return on investment in the form of higher incomes. Investment costs Investments in human capital entail an investment cost, just as any investment does. Typically in European countries most education expenditure takes the form of government consumption, although some costs are also borne by individuals. These investments can be rather costly. EU governments spent between 3 % and 8 % of GDP on education in 2005, the average being 5 %. However, measuring the spending this way alone greatly underestimates the costs because a more subtle form of costs is completely overlooked : the opportunity cost of forgone wages as students can not work while they study. It has been estimated that the total costs, including opportunity costs, of education are as much as double the direct costs. Including opportunity costs investments in education can be estimated to have been around 10 % of GDP in the EU countries in 2005. In comparison investments in physical capital were 20 % of GDP. Thus the two are of similar magnitude. Average years of schooling versus GDP per capita ( USD 2005 ). Returns on investment Human capital in the form of education shares many characteristics with physical capital. Both require an investment to create and, once created, both have economic value. Physical capital earns a return because people are willing to pay to use a piece of physical capital in work as it allows them to produce more output. To measure the productive value of physical capital, we can simply measure how much of a return it commands in the market. In the case of human capital calculating returns is more complicated -- after all, we can not separate education from the person to see how much it rents for. To get around this problem, the returns to human capital are generally inferred from differences in wages among people with different levels of education. Hall and Jones have calculated from international data that on average that the returns on education are 13.4 % per year for first four years of schooling ( grades 1 -- 4 ), 10.1 % per year for the next four years ( grades 5 -- 8 ) and 6.8 % for each year beyond eight years. Thus someone with 12 years of schooling can be expected to earn, on average, 1.134 × 1.101 × 1.068 = 3.161 times as much as someone with no schooling at all. Predicted versus actual GDP per worker. The figure shows how much one would expect each country 's GDP to be higher based on the data on average years of schooling Effects on productivity Economy - wide, the effect of human capital on incomes has been estimated to be rather significant : 65 % of wages paid in developed countries is payments to human capital and only 35 % to raw labor. The higher productivity of well - educated workers is one of the factors that explain higher GDPs and, therefore, higher incomes in developed countries. A strong correlation between GDP and education is clearly visible among the countries of the world, as is shown by the upper left figure. It is less clear, however, how much of a high GDP is explained by education. After all, it is also possible that rich countries can simply afford more education. To distinguish the part of GDP explained with education from other causes, Weil has calculated how much one would expect each country 's GDP to be higher based on the data on average schooling. This was based on the above - mentioned calculations of Hall and Jones on the returns on education. GDPs predicted by Weil 's calculations can be plotted against actual GDPs, as is done in the figure on the left, demonstrating that the variation in education explains some, but not all, of the variation in GDP. Finally, the matter of externalities should be considered. Usually when speaking of externalities one thinks of the negative effects of economic activities that are not included in market prices, such as pollution. These are negative externalities. However, there are also positive externalities -- that is, positive effects of which someone can benefit without having to pay for it. Education bears with it major positive externalities : giving one person more education raises not only his or her output but also the output of those around him or her. Educated workers can bring new technologies, methods and information to the consideration of others. They can teach things to others and act as an example. The positive externalities of education include the effects of personal networks and the roles educated workers play in them. Positive externalities from human capital are one explanation for why governments are involved in education. If people were left on their own, they would not take into account the full social benefit of education -- in other words the rise in the output and wages of others -- so the amount they would choose to obtain would be lower than the social optimum. Demand for education Demand for vs. supply of education A 2013 study assesses demand - and supply - side factors that affect educational access and attainment in development countries, and it shows that addressing demand - side factors, such as geographic gaps between rural and urban areas, higher levels of population growth ( which place constant pressure on new enrolments ) and child labour, can often have greater impact on increasing levels of education in developing countries than supply - side factors, such as constructing additional school facilities, hiring more teachers etc. Liberal approaches The dominant model of the demand for education is based on human capital theory. The central idea is that undertaking education is investment in the acquisition of skills and knowledge which will increase earnings, or provide long - term benefits such as an appreciation of literature ( sometimes referred to as cultural capital ). An increase in human capital can follow technological progress as knowledgeable employees are in demand due to the need for their skills, whether it be in understanding the production process or in operating machines. Studies from 1958 attempted to calculate the returns from additional schooling ( the percent increase in income acquired through an additional year of schooling ). Later results attempted to allow for different returns across persons or by level of education. Statistics have shown that countries with high enrollment / graduation rates have grown faster than countries without. The United States has been the world leader in educational advances, beginning with the high school movement ( 1910 -- 1950 ). There also seems to be a correlation between gender differences in education with the level of growth ; more development is observed in countries which have an equal distribution of the percentage of women versus men who graduated from high school. When looking at correlations in the data, education seems to generate economic growth ; however, it could be that we have this causality relationship backwards. For example, if education is seen as a luxury good, it may be that richer households are seeking out educational attainment as a symbol of status, rather than the relationship of education leading to wealth. Educational advance is not the only variable for economic growth, though, as it only explains about 14 % of the average annual increase in labor productivity over the period 1915 - 2005. From lack of a more significant correlation between formal educational achievement and productivity growth, some economists see reason to believe that in today 's world many skills and capabilities come by way of learning outside of traditional education, or outside of schooling altogether. An alternative model of the demand for education, commonly referred to as screening, is based on the economic theory of signalling. The central idea is that the successful completion of education is a signal of ability. Marxist critique Although Marx and Engels did not write widely about the social functions of education, their concepts and methods are theorized and criticized by the influence of Marx as education being used in reproduction of capitalist societies. Marx and Engels approached scholarship as `` revolutionary scholarship '' where education should serve as a propaganda for the struggle of the working class. The classical Marxian paradigm sees education as serving the interest of capital and is seeking alternative modes of education that would prepare students and citizens for more progressive socialist mode of social organizations. Marx and Engels understood education and free time as essential to developing free individuals and creating many - sided human beings, thus for them education should become a more essential part of the life of people unlike capitalist society which is organized mainly around work and the production of commodities. Financing and provision In most countries school education is predominantly financed and provided by governments. Public funding and provision also plays a major role in higher education. Although there is wide agreement on the principle that education, at least at school level, should be financed mainly by governments, there is considerable debate over the desirable extent of public provision of education. Supporters of public education argue that universal public provision promotes equality of opportunity and social cohesion. Opponents of public provision advocate alternatives such as vouchers. Pre-primary education financing Compared to other areas of basic education, globally comparable data on pre-primary education financing remain scarce. While much of existing non-formal and private programmes may not be fully accounted for, it can be deduced from the level of provision that pre-primary financing remains inadequate, especially when considered against expected benefits. Globally, pre-primary education accounts for the lowest proportion of the total public expenditure on education, in spite of the much - documented positive impact of quality early childhood care and education on later learning and other social outcomes. Education production function An education production function is an application of the economic concept of a production function to the field of education. It relates various inputs affecting a student 's learning ( schools, families, peers, neighborhoods, etc. ) to measured outputs including subsequent labor market success, college attendance, graduation rates, and, most frequently, standardized test scores. The original study that eventually prompted interest in the idea of education production functions was by a sociologist, James S. Coleman. The Coleman Report, published in 1966, concluded that the marginal effect of various school inputs on student achievement was small compared to the impact of families and friends. Later work, by Eric A. Hanushek, Richard Murnane, and other economists introduced the structure of `` production '' to the consideration of student learning outcomes. Hanushek at al. ( 2008, 2015 ) reported a very high correlation between `` adjusted growth rate '' and `` adjusted test scores ''. A large number of successive studies, increasingly involving economists, produced inconsistent results about the impact of school resources on student performance, leading to considerable controversy in policy discussions. The interpretation of the various studies has been very controversial, in part because the findings have directly influenced policy debates. Two separate lines of study have been particularly widely debated. The overall question of whether added funds to schools are likely to produce higher achievement ( the `` money does n't matter '' debate ) has entered into legislative debates and court consideration of school finance systems. Additionally, policy discussions about class size reduction heightened academic study of the relationship of class size and achievement. Notable education economists Eric Hanushek Lawrence F. Katz Stephen Machin Douglas Staiger Ludger Wößmann Costas Meghir Thomas Kane Caroline Hoxby Bruce Sacerdote Victor Lavy Philip Oreopoulos Paul Glewwe Jere Behrman Bridget Terry Long Parag Pathak Jesse Rothstein Joshua Angrist Charles Clotfelter David Card Claudia Goldin Richard Murnane James Heckman See also Academic inflation Education policy Educational devaluation Sources This article incorporates text from a free content work. Licensed under CC - BY - SA IGO 3.0 License statement : Investing against Evidence : The Global State of Early Childhood Care and Education, 15, Marope, P.T.M., Kaga, Y., UNESCO. UNESCO. To learn how to add open license text to Wikipedia articles, please see Wikipedia : Adding open license text to Wikipedia. For information on reusing text from Wikipedia, please see the terms of use. Notes ^ Jump up to : Weil, David N. ( 2009 ). Economic Growth ( Second ed. ). Boston : Pearson Addison - Wesley. ISBN 978 - 0 - 321 - 41662 - 9. Jump up ^ Eurostat ( 2008 ). `` 5 % of EU GDP is spent by governments on education '' ( PDF ). Statistics in Focus 117 / 2008. Jump up ^ Kendrick, J. ( 1976 ). The Formation and Stocks of Total Capital. New York : Columbia University Press. ISBN 0 - 87014 - 271 - 2. Jump up ^ Eurostat ( 2008 ). `` GDP expenditure and investment ''. Jump up ^ Hall, Robert E. ; Jones, Charles I. ( 1999 ). `` Why Do Some Countries Produce So Much More Output per Worker than Others ? ''. Quarterly Journal of Economics. 114 ( 1 ) : 83 -- 116. doi : 10.1162 / 003355399555954. Jump up ^ Burt, Ronald S. ( 2005 ). Brokerage and Closure. United Kingdom : Oxford University Press. pp. 46 -- 55. ISBN 9780199249152. Jump up ^ Krauss, Alexander. 2013. External influences and the educational landscape : Analysis of political, economic, geographic, health and demographic factors in Ghana. New York : Springer Press. Jump up ^ Daniele Checchi, 2006. The Economics of Education : NYUMBANI Human Capital, Family Background and Inequality, Cambridge. ISBN 0 - 521 - 79310 - 6 ISBN 978 - 0 - 521 - 79310 - 0 Description. Jump up ^ David Card `` returns to schooling, '' The New Palgrave Dictionary of Economics, 2nd Edition. Abstract. Jump up ^ Kling, Arnold and John Merrifield. 2009. '' Goldin and Katz and Education Policy Failings in Historical Perspective ``. Econ Journal Watch 6 ( 1 ) : 2 - 20. ( 1 ) Jump up ^ Johannes Hörner, 2008. `` signalling and screening. '' The New Palgrave Dictionary of Economics, 2nd Edition, Abstract. ^ Jump up to : Douglas Kellner, Marxian Perspectives on Educational Philosophy : From Classical Marxism to Critical Pedagogy Jump up ^ William A. Fischel, 2008. `` educational finance, '' The New Palgrave Dictionary of Economics, 2nd Edition. Abstract. Jump up ^ Caroline Hoxby, 2008. `` school choice and competition, '' The New Palgrave Dictionary of Economics, 2nd Edition, Abstract. Jump up ^ Daniele Checchi, 2006. The Economics of Education : Human Capital, Family Background and Inequality, ch. 5, `` Education Financing. '' Jump up ^ Marope, P.T.M. ; Kaga, Y. ( 2015 ). Investing against Evidence : The Global State of Early Childhood Care and Education ( PDF ). Paris, UNESCO. p. 15. ISBN 978 - 92 - 3 - 100113 - 0. Jump up ^ Coleman, James S., Ernest Q. Campbell, Carol J. Hobson, James McPartland, Alexander M. Mood, Frederic D. Weinfeld, and Robert L. York. 1966. Equality of Educational Opportunity. Washington, D.C. : U.S. Government Printing Office. Jump up ^ Hanushek, Eric A. ; Jamison, Dean T. ; Jamison, Eliot A. ; Woessmann, Ludger ( Spring 2008 ). `` Education and Economic Growth : It 's not just going to school, but learning something while there that matters ''. Education Next. 8 ( 2 ) : 62 -- 70. Retrieved 2016 - 10 - 13. Jump up ^ Eric A. Hanushek, 2008. `` education production functions, '' The New Palgrave Dictionary of Economics, 2nd Edition. Abstract. Jump up ^ Hanushek, Eric A. ( 1986 ). `` The Economics of Schooling : Production and Efficiency in Public Schools ''. Journal of Economic Literature. 24 ( 3 ) : 1141 -- 1177. JSTOR 2725865. Jump up ^ Gary Burtless, ed., 1996. Does Money Matter ? The Effect of School Resources on Student Achievement and Adult Success. Washington, D.C. : The Brookings Institution. Description and scroll to chapter preview links. Jump up ^ Greenwald, Rob ; Hedges, Larry V. ; Laine, Richard D. ( 1996 ). `` The Effect of School Resources on Student Achievement ''. Review of Educational Research. 66 ( 3 ) : 361 -- 396. doi : 10.3102 / 00346543066003361. Jump up ^ Hanushek, Eric A. ( 1996 ). `` A More Complete Picture of School Resource Policies ''. Review of Educational Research. 66 ( 3 ) : 397 -- 409. doi : 10.3102 / 00346543066003397. JSTOR 1170529. Jump up ^ Lawrence Mishel, and Richard Rothstein, eds., 2002. The Class Size Debate. Link. Washington, DC : Economic Policy Institute. Jump up ^ Ehrenberg, Ronald G., Dominic J. Brewer, Adam Gamoran, and J. Douglas Willms, 2001. `` Class size and student achievement, '' Psychological Science in the Public Interest, 2 ( 1 ), pp. 1 - 30. Jump up ^ Nye, B. ; Hedges, L.V. ; Konstantopoulos, S. ( 2000 ). `` The Effects of Small Classes on Academic Achievement : The Results of the Tennessee Class Size Experiment ''. American Educational Research Journal. 37 ( 1 ) : 123 -- 151. doi : 10.3102 / 00028312037001123. References Roland Bénabou, 1996. `` Heterogeneity, Stratification, and Growth : Macroeconomic Implications of Community Structure and School Finance, '' American Economic Review, 86 ( 3 ) p p. 584 - 609. Mark Blaug, 1985. `` Where Are We Now in the Economics of Education ? '' Economics of Education Review, 4 ( 1 ), pp. 17 -- 28. Abstract. Clive R. Belfield, ed., 2006. Modern Classics In The Economics Of Education, Elgar. Description. Eric A. Hanushek, 1986. `` The economics of schooling : Production and efficiency in public schools. '' Journal of Economic Literature 24, no. 3 ( September ) : 1141 - 1177. Eric A. Hanushek, 1992. `` The Trade - off between Child Quantity and Quality, '' Journal of Political Economy, 100 ( 1 ), p p. 84 - 117. Hanushek, Eric A. ; Jamison, Dean T. ; Jamison, Eliot A. ; Woessmann, Ludger ( Spring 2008 ). `` Education and Economic Growth : It 's not just going to school, but learning something while there that matters ''. Education Next. 8 ( 2 ) : 62 -- 70. Retrieved 2016 - 10 - 13. Stephen A. Hoenack, 1996. `` The Economics of Education in Developing Countries : An Assessment of the State of the Art, '' Economics of Education Review, 15 ( 4 ), pp. 327 -- 338. Abstract. Caroline M. Hoxby, 1999. `` The Productivity of Schools and Other Local Public Goods Producers, '' Journal of Public Economics, 74 ( 1 ), pp. 1 -- 30 Abstract. _____, 2000. `` Does Competition among Public Schools Benefit Students and Taxpayers ? '' American Economic Review, 90 ( 5 ), p p. 1209 - 1238. Geraint Johnes and Jill Johnes, ed., 2004. International Handbook on the Economics of Education, Elgar. Chapter titles. George Psacharopoulos and Harry A. Patrinos, 2004. `` Returns to Investment in Education : A Further Update, '' Education Economics, 12 ( 2 ), pp. 111 -- 134. Abstract. Steven G. Rivkin, Eric A. Hanushek, and John F. Kain, 2005. `` Teachers, Schools, and Academic Achievement, '' Econometrica, 73 ( 2 ), pp. 417 -- 458. Abstract. Sherwin Rosen, 1987. `` human capital, '' The New Palgrave : A Dictionary of Economics, v. 2, pp. 681 -- 90. Selected entries on education from The New Palgrave Dictionary of Economics, 2008 ), 2nd Edition : `` education in developing countries '' by Paul Glewwe. Abstract. `` human capital, fertility and growth '' by Oded Galor. Abstract. `` intergenerational transmission '' by Lance Lochner. Abstract. `` local public finance '' by John M. Quigley. Abstract. `` population health, economic implications of '' by David Canning and David E. Bloom. Abstract. Further reading Hanushek, Eric ( 2013 ). Endangering Prosperity : A Global View of the American School. Brookings Institution. ISBN 978 - 0 - 8157 - 0373 - 0. Hanushek, Eric ( 2009 ). Schoolhouses, Courthouses, and Statehouses : Solving the Funding - Achievement Puzzle in America 's Public Schools. Princeton University Press. ISBN 978 - 0 - 691 - 13000 - 2. External links Economics of Education Review Description & links to article titles. Education Economics Aims & Scope & links to article titles. World Bank, `` Economics of Education '' OECD 's Education GPS : a review of education policy analysis and statistics. Topics in education General Glossary Index Outline Aims and objectives Anthropology Assessment Economics Evaluation History Leadership Philosophy Policy Politics Psychology Research Rights Sociology Technology Theory Types of institutions By subject Agricultural Art Bilingual Business Chemistry Design Economics Engineering Environmental Euthenics Health Language Legal Mathematics Medical Military Music Nursing Peace Performing arts Philosophy Physical Physics Reading Religious Science Sex Teacher Technology Values Vocational More... Alternative Autodidacticism Education reform Gifted education Homeschooling Religious education Special education More... Wikimedia Books Definitions Images Learning resources News Quotes Texts Stages of formal education Early childhood education Primary education Secondary education Tertiary education Preschool → Kindergarten → Elementary school → Infant → Junior → High school → Junior high school → Senior high school → Higher education Vocational Further continuing Undergraduate → Postgraduate Alternative education Homeschooling Andragogy Adult education Portal Education by region Education in Africa Sovereign states Algeria Angola Benin Botswana Burkina Faso Burundi Cameroon Cape Verde ( Cabo Verde ) Central African Republic Chad Comoros Democratic Republic of the Congo Republic of the Congo Djibouti Egypt Equatorial Guinea Eritrea eSwatini ( Swaziland ) Ethiopia Gabon The Gambia Ghana Guinea Guinea - Bissau Ivory Coast ( Côte d'Ivoire ) Kenya Lesotho Liberia Libya Madagascar Malawi Mali Mauritania Mauritius Morocco Mozambique Namibia Niger Nigeria Rwanda São Tomé and Príncipe Senegal Seychelles Sierra Leone Somalia South Africa South Sudan Sudan Tanzania Togo Tunisia Uganda Zambia Zimbabwe States with limited recognition Sahrawi Arab Democratic Republic Somaliland Dependencies and other territories Canary Islands / Ceuta / Melilla ( Spain ) Madeira ( Portugal ) Mayotte / Réunion ( France ) Saint Helena / Ascension Island / Tristan da Cunha ( United Kingdom ) Education in Asia Sovereign states Afghanistan Armenia Azerbaijan Bahrain Bangladesh Bhutan Brunei Cambodia China Cyprus East Timor ( Timor - Leste ) Egypt Georgia India Indonesia Iran Iraq Israel Japan Jordan Kazakhstan North Korea South Korea Kuwait Kyrgyzstan Laos Lebanon Malaysia Maldives Mongolia Myanmar Nepal Oman Pakistan Philippines Qatar Russia Saudi Arabia Singapore Sri Lanka Syria Tajikistan Thailand Turkey Turkmenistan United Arab Emirates Uzbekistan Vietnam Yemen States with limited recognition Abkhazia Artsakh Northern Cyprus Palestine South Ossetia Taiwan Dependencies and other territories British Indian Ocean Territory Christmas Island Cocos ( Keeling ) Islands Hong Kong Macau Book Category Asia portal Education in Europe Sovereign states Albania Andorra Armenia Austria Azerbaijan Belarus Belgium Bosnia and Herzegovina Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Finland France Georgia Germany Greece Hungary Iceland Ireland Italy Kazakhstan Latvia Liechtenstein Lithuania Luxembourg Macedonia Malta Moldova Monaco Montenegro Netherlands Norway Poland Portugal Romania Russia San Marino Serbia Slovakia Slovenia Spain Sweden Switzerland Turkey Ukraine United Kingdom States with limited recognition Abkhazia Artsakh Kosovo Northern Cyprus South Ossetia Transnistria Dependencies and other entities Åland Faroe Islands Gibraltar Guernsey Isle of Man Jersey Svalbard Other entities European Union Education in North America Sovereign states Antigua and Barbuda Bahamas Barbados Belize Canada Costa Rica Cuba Dominica Dominican Republic El Salvador Grenada Guatemala Haiti Honduras Jamaica Mexico Nicaragua Panama Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Trinidad and Tobago United States Dependencies and other territories Anguilla Aruba Bermuda Bonaire British Virgin Islands Cayman Islands Curaçao Greenland Guadeloupe Martinique Montserrat Puerto Rico Saint Barthélemy Saint Martin Saint Pierre and Miquelon Saba Sint Eustatius Sint Maarten Turks and Caicos Islands United States Virgin Islands Education in Oceania Sovereign states Australia Federated States of Micronesia Fiji Kiribati Marshall Islands Nauru New Zealand Palau Papua New Guinea Samoa Solomon Islands Tonga Tuvalu Vanuatu Associated states of New Zealand Cook Islands Niue Dependencies and other territories American Samoa Christmas Island Cocos ( Keeling ) Islands Easter Island French Polynesia Guam Hawaii New Caledonia Norfolk Island Northern Mariana Islands Pitcairn Islands Tokelau Wallis and Futuna Education in South America Sovereign states Argentina Bolivia Brazil Chile Colombia Ecuador Guyana Paraguay Peru Suriname Uruguay Venezuela Dependencies and other territories Falkland Islands French Guiana South Georgia and the South Sandwich Islands Category Portal WikiProject Retrieved from `` https://en.wikipedia.org/w/index.php?title=Education_economics&oldid=865242132 '' Categories : Education economics Hidden categories : Free - content attribution Free content from UNESCO Talk Contents About Wikipedia Dansk Deutsch Español Euskara فارسی Français 한국어 日本 語 Norsk پښتو Português Suomi Українська 中文 5 more Edit links This page was last edited on 22 October 2018, at 17 : 32 ( UTC ). 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Question: the birth of economics of education was announced by whom
Answer: James S. Coleman