Economics of Higher Education (PDF)

Robert K. Toutkoushian is a professor in the Institute of Higher Education at the University of Georgia. He has a PhD in economics from Indiana University (Bloomington), where he specialized in econometrics and finance. Prior to his faculty appointment at Georgia, he worked as a research associate at the University of Minnesota, as executive director of policy analysis for the University System of New Hampshire, and as a faculty member in the educational leadership program at Indiana University. In addition to his faculty appointment, Dr. Toutkoushian serves as the editor of the journal Research in Higher Education, and has served as editor of New Directions for Institutional Research and associate editor of the economics and finance section of Higher Education: Handbook of Theory and Research. He has published more than fifty studies in peer-reviewed journals and edited books on a wide range of topics on the economics of higher education, including faculty compensation, higher education costs, student demand for higher education, performance indicators, decentralized budgeting, institutional productivity, and state funding for higher education. Michael B. Paulsen is a professor in the Higher Education and Student Affairs program at The University of Iowa. He has a PhD in higher education and economics from The University of Iowa and an MA in economics from the University of Wisconsin (Milwaukee), where he specialized in labor economics, public sector economics, and economics of education. Prior to his faculty appointment at The University of Iowa, he was a professor of higher education at the Universities of Illinois, Alabama, and New Orleans; and a professor of economics at St. Ambrose University. In addition to his faculty appointment, Dr. Paulsen serves as the Series Editor of the scholarly book series Higher Education: Handbook of Theory and Research; a consulting editor for Research in Higher Education and the ASHE Higher Education Reports. He has over sixty

“A very useful sourcebook for educational researchers with interest in economics and finance in higher education. The book is systematic and comprehensive in its treatment of the key concepts, principles, and theories and in its coverage of the topics and policy issues. … book can be a good choice for graduate courses in economics and finance in higher education. It can also be an excellent handbook for faculty and graduate students in the fields of higher education and public policy.” (Shouping Hu, The Journal of Higher Education, January, 2017)