The economic paradigm of education from the theory of Eric A. Hanashek
DOI:
https://doi.org/10.5377/paradigma.v24i37.6507Keywords:
Economics of Education, Cognitive Skills, Economic Growth, Human Capital, Schooling, Quality of Education, Investment in EducationAbstract
This essay analyzes the paradigms of Eric A. Hanushek on the economics of education. Initially, it addresses the relationship between human capital and sustained economic growth in countries, that is, how the Gross Domestic Product (GDP) is strongly related to the improvements in the cognitive abilities of its population, as well as the economic benefits Potential that should motivate governments to improve the quality of educational institutions and thus foster major reforms. In addition, it states that an effective strategy for the development of countries should not only focus on statistics on children entering schools or the number of children who acquire the next higher grade, but also on improving the cognitive skills measured through Of international math and science tests. Based on evidence, Hanushek argues that the quality of education measured by students’ cognitive abilities in international tests is substantially more important than the mere amount of education, therefore it is argued that investing large amounts of GDP in education does not Ensures economic growth; To achieve this, we must focus on the factors that are determinant for the achievement of the quality of education.
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