The dominant role played by the state in the financing, regulation, and provision of primary and secondary education … reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of … education depends on political as well as market mechanisms to resolve issues that arise because of contrasting views on such …

This paper aims to show the evolution of the role and importance of education in economic theory, especially in … of the role and importance of education in the development process. Presentation of the classification theory refers to … theories of interdependence of education and development (theory of human capital, human development and approach to the …