VARIOUS CONCEPTS OF HUMAN CAPITAL IN PROCESS OF EDUCATION
Keywords:Pareto´s efficiency, human capital, philter theory, education, signal equilibrium
Theory of human capital views education as a specific production factor and as a specific sort of capital. Besides this theory, alternative concepts of education were developed. Philter theory which is interested in a selective function of education and created a different point of view of economic analysis phenomena in education. Signal equilibrium states for better or worse according to Pareto´s concept of efficiency and according to higher or lower difference between private and public educational returns.
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