EENEE The Economic Case for Education
The case for education can be made from many perspectives. This report, prepared for the European Commission by the European Expert Network on Economics of Education (EENEE) makes the economic case for education. Based on the most recent empirical evidence, it shows the crucial role of education for individual and societal prosperity. The report argues about education as a leading determinant of economic growth, employment, and earnings in modern knowledge-based economies such as the European Union. EUCIS-LLL would like to emphasise on the fact, acknowledged in the report as well, that education also serves many more important goals other than economic ones (see our position paper on the ET2020 Review).