Learn · Foundational course: Economics of Education

Lecture 5 of 60Week 1

Lecture 5: Education as Consumption and Investment

Prof. Shyamsundar Bairagya · Visva Bharati University, Santiniketan

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Foundational course: Economics of Education, Visva Bharati University, Santiniketan (at NPTEL)
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CC BY-NC-SA, as NPTEL states it. Non-commercial use only.
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NPTEL states: "Distributed under Creative Commons Attribution-ShareAlike / CC BY - NC - SA", beside a BY-NC-SA badge. Coordinated by IIT Kharagpur.
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All the lectures

  1. Lecture 1: Meaning, definition, subject matter, nature & scope of Economics Video
  2. Lecture 2: Economic Growth and Development Video
  3. Lecture 3: Concept of Economics of Education Video
  4. Lecture 4: Relationship Between Economics and Education Video
  5. Lecture 5: Education as Consumption and Investment Video
  6. Lecture 6: Meaning, Types, Understanding of Capital Video
  7. Lecture 7: Human Capital Theory by Schultz Video
  8. Lecture 8: Human Capital Theory by Gary Becker Video
  9. Lecture 9: Human capital theory by Jacob Mincer Video
  10. Lecture 10: Sources, process of Human Capital formation & Relationship Between Human Capital and Economic Growth Video
  11. Lecture 11: Robert E. Lucas Endogenous Growth Theory Video
  12. Lecture 12: Romer’s Endogenous Growth Model Video
  13. Lecture 13: Endogenous Growth Theory (Lucas, Romer) Linkage with Human Capital Video
  14. Lecture 14: Capability Approach of Amartya Sen Video
  15. Lecture 15: Amartya Sen’s Capability Approach in Education Video
  16. Lecture 16: Signaling Theory and Its Implications for Educational Development Video
  17. Lecture 17: Screening hypothesis and rate of return in Education Video
  18. Lecture 18: Credentialism and The Credential Society Video
  19. Lecture 19: Education and labour market outcomes Video
  20. Lecture 20: Skills mismatch and Education Video
  21. Lecture 21: Production Video
  22. Lecture 22: Education as Production Function Video
  23. Lecture 23: Production Function in Education Video
  24. Lecture 24: Technical Efficiency Video
  25. Lecture 25: Allocative efficiency Video
  26. Lecture 26: Internal and External Efficiency in Education Video
  27. Lecture 27: Concept of educational productivity Video
  28. Lecture 28: Productivity in Educational Institution Video
  29. Lecture 29: Models of Educational Productivity Video
  30. Lecture 30: Educational Productivity and Equity: Role of Teachers, Institutions, and Policy Video
  31. Lecture 31: Concept of Cost Video
  32. Lecture 32: Meaning & Types of Cost of Education Video
  33. Lecture 33: Concept of Incremental Cost Video
  34. Lecture 34: Determinants of Educational Costs & Per capita Cost Video
  35. Lecture 35: Inter-relationship between the Cost of education and productivity Video
  36. Lecture 36: Concept of Cost Benefit Analysis Video
  37. Lecture 37: Steps for calculation Cost-Benefit Analysis in Education Video
  38. Lecture 38: Cost-Effective Analysis in Education Video
  39. Lecture 39: Rate of Return in Education Video
  40. Lecture 40: Application to Policy decisions Video
  41. Lecture 41: Education as a Public Goods Video
  42. Lecture 42: Education as a Private Goods Video
  43. Lecture 43: Education as a Mixed & Merit Goods Video
  44. Lecture 44: Externalities in School and Higher Education Video
  45. Lecture 45: Winston’s Awkward Economics of Higher Education Video
  46. Lecture 46: Introduction to the Arthasastra and Its Historical Context Video
  47. Lecture 47: Education for State Administration in Kauṭilya’s Arthasastra Video
  48. Lecture 48: Extension Education, Agriculture, and Economic Foundations in the Arthasastra Video
  49. Lecture 49: Education, Revenue Collection, and Social Well-Being in the Arthasastra Video
  50. Lecture 50: Education, Governance, and State Policy in the Arthasastra Video
  51. Lecture 51: Concept of Educational Finance Video
  52. Lecture 52: Basic Terminologies & Sources of Educational Finance Video
  53. Lecture 53: Educational Grants & Loans Video
  54. Lecture 54: Concept of Budgeting Video
  55. Lecture 55: Public–Private Partnership (PPP) Models Video
  56. Lecture 56: NEP 2020 in the Perspectives of Economics of Education Video
  57. Lecture 57: Academic Bank of Credits (ABC) and it’s Economic Viability of Higher Education Video
  58. Lecture 58: Credit-Based Education Reform in India: Understanding NCrF Video
  59. Lecture 59: NHEQF: Structure, Equity, Access, Inclusivity and Economic Perspectives Video
  60. Lecture 60: Future Directions and Emerging Debates in NEP 2020 for Economics of Education Video