Contemporary Labor Economics 9th Edition by Campbell Mcconnell, Stanley Brue, David Macpherson, Robert Powell, David Colander

Exercise 14

Why might the decision to undertake an educational program be treated as an investment From a private perspective, what costs and benefits are associated with obtaining a college education What are the costs and benefits from a social perspective Explain why it is necessary to determine the present value of costs and benefits in making a rational human capital investment decision.