This paper estimates the extent and magnitude of US college and university enrollment responses to unanticipated changes in macroeconomic activity. In particular, we consider the relationship between enrollment, economic growth, and inflation. A time series analysis known as a vector autoregression is estimated and impulse response functions are…

Universities are fundamental to the contemporary knowledge economy. They directly and indirectly support economic growth in both developing and advanced economies. In addition to their traditional teaching and research functions, they often also have important roles in supporting regional development and urban regeneration, as well as involvement…

We decompose annual average years of schooling series for Portugal into different schooling levels series. By estimating a number of vector autoregressions, we provide measures of aggregate and disaggregate economic growth impacts of different education levels. Increasing education at all levels except tertiary has a positive and significant…

This article considers how the simulation game of DEVELOPMENT MONOPOLY provides insight into poverty and inequality dynamics in a development context. It first discusses how the game is rooted in theoretical and conceptual frameworks on poverty and inequality. Subsequently, it reflects on selected playing experiences, with special focus on the…

Accelerating threats to a sustainable relationship between economic growth and the capacity of the global social-ecological system to support it require that the implications of competitiveness be reassessed. Today, the capacities that underlie economic competitiveness must also be brought to bear on policy and pedagogy to prepare the coming…

The nature of higher education is by no means fixed: it has evolved over time; different models of higher education co-exist alongside each other at present; and, worldwide, there are demands for higher education to change to better help support economic growth and to better fit changing social and economic circumstances. This book examines, from…

Local, state, and national economies are facing unprecedented levels of international competition. The current fiscal crisis has hampered the ability of many governments in the developed world to directly facilitate economic growth. At the same time, many governments in the developing world are investing significant new resources into local…

DEVELOPMENT MONOPOLY is a simulation game that allows players to experience how power relations influence the agency of different socioeconomic groups, and how this can induce poverty and inequality. Players alter the original rules of the MONOPOLY board game so that they more accurately reflect social stratification and inequalities in the…

China and India together account for almost 25% of the world's postsecondary student population. Most of the enrolment growth in the coming several decades will be in developing countries, and China and India will contribute a significant proportion of that expansion, since China currently educates only about 20% and India 10% of the age cohort.…

The relationship between quality of life and the GNP is the focus of this article which defends the GNP. Four positive propositions about economic growth and the GNP are stated and defended. It is acknowledged that there is a need for social indicators broader than the GNP accounts. (KM)

There is a direct link, today and historically, between Mexico's underdevelopment and maldistribution of wealth, and U.S. domination of Mexico's economy, including the current penetration by U.S. transnationals. Activity in the food production and processing industries is just one facet of the total picture, but one of the most important.…

This study investigates the relationship between Program for International Student Assessment (PISA) scores in mathematics, science and reading and the employment rates in the following four economic activities: research and development, agriculture, industry, and service industries. Thirty-three countries were included in the study, and most…

This report describes major education initiatives in support of economic development in New York State. The report sketches the major changes taking place in New York State's economy and reviews the role of educational institutions in upgrading standards, retraining the state's labor force, and providing information and research services. It also…

This report measures the five-year (1995-2000) economic impact of Pellissippi State Technical Community College (PSTCC) on Knox and Blount counties in Tennessee. Results are based on a standard model of economic impact modified for community colleges. The model uses conservative income and employment multipliers to determine PSTCC's economic…

This study presents an analysis of economics instruction for high school students in various nations in the world and a rationale for economics instruction in Russia to develop a market-oriented economy. The development of the present economic curriculum in the United States is traced and the "Framework for Teaching Economics" (1977),…