The economics of education and its impact on educational institutions to find proposed alternatives for financing education

Abstract

The current study aims to identify the economics of education and its impact on educational institutions to find proposed alternatives to financing education, identify the methods of financing education, the proposed alternatives to that, find out the educational return and cost and the view of Islamic administrative thought for that, detect educational waste and its various causes and know the different methods and methods of treatment, to achieve these goals, the study used the theoretical approach using the deductive and inductive approach, the descriptive approach was also used, and the study has reached a number of results, the most important of which are: there is a difference in the definition of the economics of education due to it has an economic return as well as social returns, which requires that education be subjected to theories and methods of economic econometric analysis to improve its performance and raise its internal and external efficiency, and that the cost of education is all the expenses spent in the continued performance of its mission, and educational policies and interventions can have an impact in explaining the supply and demand for education. For example, government education policies can affect the increase in supply by providing free education opportunities or reducing educational costs, and therefore may lead to an increase in demand for education.