Attempts to propose a simplified framework from an economic perspective for analyzing education policy. The framework takes into account the demand for and supply of education, the education system structure, the economic effects and consequences, and their interrelations. Maps out some key economic areas, issues and concerns in analysis and discussions of education policy. The framework will serve to facilitate economic considerations and analyses in current education policy debate in different parts of the world. Copyright © 2002 Emerald Group Publishing Limited.
CitationCheng, Y. C., Ng, K. H., & Mok, M. M. C. (2002). Economic considerations in educational policy making: A simplified framework. International Journal of Educational Management, 16(1), 18-39.