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Role of education in economic development of society
Journal: Economics Bulletin of The National Mining University (Vol.43, No. 43)Publication Date: 2013-10-08
Authors : Matyuk T. V.;
Page : 21-30
Keywords : education; economic growth; economic development; institutional environment; knowledge economics; knowledge economics index; internal effectiveness of education system; system development indicators;
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Abstract
The article determines the role of education in economic development of the society. Interrelation between effectiveness of education, quality of institutional environment and development of knowledge economics was established. Higher education system’s development indicators as characteristics of its internal effectiveness were proposed.
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