Economics of education is a branch of economics. It is the study of education from the economics perspective. Economics of education is concerned with the process by which education is produced. Education is an investment in human beings as against investment in properties of share. Human development as a concept has emerged from the economic study of investments in humans that enhances peoples choices was popularized by United Nations Development Programme (UNDP). The book deals with theoretical and practical issues relating to education and development.
The papers included in this book tried to explain, conform or establish the role of education as investment in human beings and how it lead to the development of the individual and the nation as a whole. There are papers on empirical investigations into the economic aspects of education and human development. The book will be useful for the researchers, policy makers, planners, administrators an development activists.