Matakuliah Tahun : <<EKONOMI PEMBANGUNAN>> : <<2009>> Education and Development Pertemuan 5 Education is fundamental to enhancing the quality of human life and ensuring social and economic progress (United Nations, Report on the World Social Situation, 1997) Bina Nusantara University 3 Material Outline • Education in Developing Region • The Economics of Education and Employment • Education, Society, and Development Issues Bina Nusantara University 4 Education in Developing Regions 1. 2. 3. 4. 5. Public educational expenditure Enrollments Literacy Costs and Earnings The gender gap: Women and education Bina Nusantara University 5 The Economics of Education and Employment • Educational supply and Demand: The relationship between employment opportunities and educational demands • Social versus private benefits and costs Bina Nusantara University 6 Specific Economic Components of The Development Questions • • • • Education and Economic Growth Education, inequality, and poverty Population and fertility Education and rural development Bina Nusantara University 7 Major Educational Policy Options 1. Policies largely external to educational systems a) Adjusting unbalances, signals, and incentives b) Modifying job rationing by educational certification c) Curbing and brain drain Bina Nusantara University 8 Major Educational Policy Options 2. Policies Internal to Educational Systems a) Educational budgets b) Subsidies c) Primary school Curricula in Relation to rural needs d) Quotas Bina Nusantara University 9