Cost Benefit Analysis In Educational Planning

This is the fourth edition of this publication which examines the uses and applications of cost-benefit analysis for educational planning in developing countries, in order to evaluate and compare alternative ways of allocating education resources. Issues dealt with include: the theory underlying estimation of the rate of return to investment in education; methods of calculation; theoretical and practical criticisms of its use in educational provision; and a summary of the results of cost-benefit studies in nearly 100 countries.

Deals with the problem of providing better education to more people in the face of tightening budgets, escalating costs and educational conservatism.

This Yearbook provides a unique and original assessment of the state of the art of cost-effectiveness analysis in education. It identifies key issues that need to be considered and presents original empirical studies to serve as models.