While the importance of education for economic outcomes of individuals and of nations is broadly recognised, the full economic value is often underestimated. Professor Eric Hanushek will begin this lecture with a discussion of where all of the countries of the world stand in terms of the requisite skills for competing in a modern economy.
From historical economic growth patterns, he will show it is then possible to estimate the economic gains to be had from bringing everybody up to minimal skill levels. Special attention will be given to education and skills in Australia. This will be followed by suggestions for improvement from economic research.
About the presenter: Professor Eric Hanushek
Eric is the Paul and Jean Hanna Senior Fellow at the Hoover Institution of Stanford University. He is internationally recognised for his economic analysis of educational issues, and his research has had broad influence on education policy. Eric received the 2021 Yidan Prize for Education Research.
His widely-cited studies span the effects of class size reduction, school accountability, teacher effectiveness, and the economic returns to school quality. Eric has authored or edited twenty-six books and over 300 articles. He is a Distinguished Graduate of the United States Air Force Academy and completed his PhD in economics from MIT.
View Eric's full bio here.
This public lecture will be recorded
The recording will be made publicly available on the CBE website after the event.
Event participants will have the opportunity to ask questions or make comments after the public lecture. If you do not wish for your question or comment to be included in the recording, please contact the CBE Events team.
Important information
Registration is required to attend this event.
Goldsmith Lectures
The Goldsmith Economic Research Endowment was established in 2004 through a bequest by the estate of Barry Goldsmith. The Endowment is used to support scholarships at undergraduate and postgraduate levels as well as academic posts in the ANU College of Business and Economics.