Economics Education

The Information and Communication Technology revolution results in profound changes to the heart of business and economics. Changes in the workplace, new communication technology, new organizational structures, and new production technologies force business educators to renew their focus on the curricula of business schools.

The Information and Communication Technology revolution results in profound changes to the heart of business and economics. Changes in the workplace, new communication technology, new organizational structures, and new production technologies force business educators to renew their focus on the curricula of business schools. There is no doubt these changes influence business education and instructional technology. But change will go far beyond the mere introduction of technology in the classroom. Alliances between the corporate world and business education are no longer fictitious but are necessary to establish stronger bonds between educational systems and the workplace. The fifth volume in the series Educational Innovation in Economics and Business contains a unique selection of articles addressing various issues on how business education should adapt to changing needs of the corporate world. It is meant for educators in corporate training centers, and for teachers in further and higher education.

Among all the large emerging market economies, India has one of the lowest educational indicators for a majority of its population living in its most backward states. These states account for most of the country’s children out of school and most of its illiterate population. Not surprisingly, they are the states with the highest incidence of poverty in India. This volume examines key aspects of the elementary education system in the poorer and educationally backward states of India. Providing the first state by state analysis of major cost and financing issues, the book is based on data gathered from one of the most comprehensive surveys conducted in recent times, which was specifically commissioned for this book.

This volume revisits educational equality and equity issues, especially, in education finance-related topics consisting of 15 chapters and organized in two parts. The first part of the volume entitled “Education Finance”, focuses on equity aspects of resource allocation and its influence on education. The second part, entitled “Educational Equality and Equity”, focuses on the conceptualization, and the measurements of educational inequity, and inequality with special emphasis on the cost of inequality.

The aim of this book is to answer from an economics viewpoint such questions as why some people go to college while others do not, and why the …