Economics Dictionary of Arguments

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Economic Theories on Education Policy - Dictionary of Arguments

Mause I 509f
Education policy/Economic Theory: Education policy is a topic that concerns various institutions such as schools, universities, further education measures, vocational promotion, etc.
Educational goals can be: e.g. purpose-free personality development, acquisition of skills that are necessary for socio-cultural integration, development of professional, economically usable competencies for the world of work.
University policy: "Clark's Triangle" (1): The cornerstones are: State, market, civil society. Based on this, types of higher education policy are characterized:
A. "State model of authority": originates in Napoleonic higher education in France. Control through interventions covering finance, admission, curricula, human resources policy, etc.
B. The Humboldt model of the "self-governing scientific community". Internal governance is achieved through a collegial system of negotiation and a professorial chair.
C. Anglo-Saxon "market model": largely free of state control. Internal competition governs governance. Internally, universities and business enterprises are centrally controlled. Private resources play an important role.
Similar models and configurations can also be found in adult education and continuing education (2) and in the approaches to "Varieties of Capitalism" (3).
Right to education/Dahrendorf: The basic consensus in education policy today includes a right to education, irrespective of the possibilities for its exploitation by those seeking human capital (Dahrendorf 1965) (4).
By investing in education, the productivity of the labour provider is increased. The wage then corresponds to the marginal productivity of the work.
Offer-oriented education policy serves the interests of the learner. Individuals decide on costs and benefits by allocating their time budget.
If the individual now knows the costs of the training and the future additional profits that he or she will achieve through his or her higher qualification, it can, on the assumption
of a certain planning horizon and a market interest rate, determine the present value of its possible investment. If the logic of the investment calculation is followed, the investment with the highest cash value is to be preferred.

1. Clark, Burton R. 1983. The higher education system. Academic organisation in cross-national perspective. Berkeley 1983.
2. Käpplinger, Bernd, und Steffi Robak, (Hrsg). Changing configurations of adult education. Changing configurations of adult education in transitional times. Frankfurt a. M. 2014
3. Hall, Peter A., und David Soskice. 2001. Varieties of capitalism: The institutional foundations of comparative advantage. Oxford 2001.
4. Ralf Dahrendorf, Ralf. 1965. Bildung ist Bürgerrecht. Plädoyer für eine aktive Bildungspolitik. Hamburg 1965.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Economic Theories
Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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