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This book examines the many ways in which economic concepts, theories and models can be used to examine issues in higher education. The topics explored in the book include how students make college-going decisions, the payoffs to students and society from going to college, markets for higher education services, demand and supply in markets for higher education, why and how state and federal governments intervene in higher education markets, college and university revenues and expenditures, how institutions use net-pricing strategies and non-price product-differentiation strategies to pursue...

This volume provides an overview of the many ways that economic concepts, models, and methods have been, and can be, applied to higher education problems encountered in institutional research. The chapter authors are uniquely qualified to provide this perspective: all are higher education researchers who have received graduate training in economics and have substantial experience working directly in institutional research. The chapters in this volume focus on the economist's perspective on education costs and revenues, how economics can inform enrollment management efforts, and how...