Education as an Instrument of Economic Growth

Economicslive

Education has long been recognized as one of the most powerful drivers of economic and social transformation. Beyond its intrinsic value as a human right, education functions as an instrument of economic growth, shaping productivity, innovation, and national development. Modern economic theory acknowledges that a nation’s wealth is not measured … read more

Education as Public Good

Introduction Education has long been recognized as a private investment and societal responsibility. Economists, philosophers, and policymakers debates its classification: should education be treated primarily as an individual choice or as public good that benefits society as a whole? The framing of education has direct implications for public policy, funding … read more