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Concept
Externalities In Education
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Summary
Externalities In Education
refer to the
Spillover Effects
that education has on
Individuals and society
, which are not reflected in the
Direct costs or benefits
to the individual receiving the education. These externalities can be both positive, such as
Increased civic participation
and
Economic Growth
, and negative, such as the
Perpetuation of inequality
if
Access To Education
is uneven.
Concepts
Positive Externalities
Negative Externalities
Human Capital Theory
Social Return On Investment
Public Goods
Equity In Education
Economic Growth
Knowledge Spillover
Civic Engagement
Income Inequality
Educational Economics
Relevant Degrees
Education Systems 60%
Economic Theory and Concepts 30%
Price Formation and Costs 10%
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