This volume introduces the economics as a foundational discipline in education. It provides economists and non-economists with an accessible grounding in the key concepts and recent developments in the field. The book deals with such themes as human capital theory and its alternatives, the monetary and non-monetary benefits of education, the education production function, equity in education, and the evaluation of education policies. In this volume, students, researchers and policymakers will find an entry point into the way economists think about educational questions and readers will deepen...