Economics of Education

| October 25, 2010

Title: Economics of education
Editor: Dominic J. Brewer, Patrick J. McEwan
Publisher: Elsevier, c. 2009
Check it out.: LC65 .E2535 2010

From the Publisher: A collection of short, stand-alone chapters divided into five sections including overview of the field; private and social returns to human capital investments; production, costs and financing of education; teachers and teacher labor markets; and education markets, choice and incentives.  The collection provides international perspectives that describe the origins of these subjects, their major issues and proponents, their landmark studies, and opportunities for future research.

The 70 contributors are each well-regarded economists whose research has advanced the topic on which they write, and this book fulfills an undersupplied niche for a text in the economics of education.

The chapters come from the acclaimed International Encyclopedia of Education, 3e (2010), edited by Eva Baker, Barry McGaw, and Penelope Peterson.  The Encyclopedia contains over 1,350 articles in 24 sections that stretch from educational philosophies and technologies to measurement, leadership, and national systems of education.

About the authors: Dominic J. Brewer is Associate Dean for Research and Faculty Affairs and the Clifford H. and Betty C. Allen Professor in Urban Leadership at the Rossier School of Education at the University of Southern California. He holds courtesy appointments in the USC College Department of Economics and in the School of Policy Planning and Development. He is also a Co-Director of PACE, Policy Analysis for California Education, a policy research collaboration of USC, UC-Berkeley and Stanford.

Patrick J. McEwan is an Associate Professor in the Department of Economics at Wellesley College. He previously taught in the Department of Educational Policy Studies at the University of Illinois at Urbana-Champaign.

Professor McEwan’s research focuses on the economics of education, applied econometrics, and education policy in Latin America. He has evaluated education policies ranging from class size reduction to private school vouchers in numerous countries, including Argentina, Bolivia, Chile, Colombia, Guatemala, Honduras, Mexico, and Uruguay. His research has been published in a wide range of economics and education journals, as well as three books. He has consulted on education policy and evaluation at the Inter-American Development Bank, the RAND Corporation, UNESCO, the World Bank, and the ministries of education of several countries.

On the Web: An encyclopedic overview of the contributions of economists to the study of education. The text would be an excellent choice for a textbook aimed at exposing education and public policy students to the research on education being conducted by economists, particularly those classes focused on K- 12 education. With the comprehensive approach to topics and the bibliographic detail, this text is at a minimum an excellent reference for anyone that researches or teaches education topics using economic concepts. – Larry D. Singell Jr.- Department of Economics, University of Oregon, Eugene