Investment in Higher Education and Graduate Supply-Demand Research: From the Perspective of Human Capital

Author: Liu Wen
Publisher:
Publish Date: 2006-03-01
Features: This book provides an in-depth analysis of several important issues regarding higher education investment and graduate supply-demand in China, proposing two particularly noteworthy viewpoints: first, it highlights the characteristics of human capital investment during China's transition period, and second, it analyzes the shortcomings in higher education development from an industrial structure perspective. Using modern human capital supply-demand and human capital investment theories, the book attempts to explain the difficulties faced by college students in employment and the phenomenon of higher education investment during the transition period by combining analysis of the real world.
Based on the theory from human capital theory that education plays a productive role in economic growth, and by incorporating the labor market as an intermediary, the book re-examines the microfoundations of individual education investment, discusses the formation mechanisms of individual education investment, and analyzes the impact of institutions on individual education investment. It seeks to identify the different objective functions of individuals and society in the issue of human capital investment, providing a solid economic theoretical foundation for the development policy of mass higher education in China.
The analysis and judgment presented in this book, as well as the basic approach and policy recommendations, have strong practical relevance and offer some reference value for research on the development of mass higher education in China.