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Books /The Role of Education in Human Capital and Economic Growth

The Role of Education in Human Capital and Economic Growth

ISBN

9781647286910

Author

Lisa Kohl

Publisher

Willford Press

Language

English

Publication Year

2025

Category

Education - Education

Pages

220

Price

$ 160

Description

Education is widely recognized as a crucial element in the development of human capital, which in turn is a fundamental driver of economic growth. Human capital refers to the skills, knowledge, and experience possessed by individuals, which can be enhanced through education and training. Furthermore, higher levels of education correlate with better job opportunities, higher earnings, and increased economic mobility, thereby contributing to a more dynamic and competitive economy. Additionally, education enhances cognitive abilities, promotes entrepreneurship, and encourages a culture of lifelong learning, which are vital for adapting to changing economic landscapes and fostering long-term growth. This book is a compilation of chapters that discuss the most vital concepts in the field of education in the context of human capital and economic growth. Different approaches, evaluations and methodologies and advanced studies in this field have been included in this book. Coherent flow of topics, student-friendly language and extensive use of examples make this book an invaluable source of knowledge.