Over the past 19 years, Economic Modeling Specialists International (Emsi) has responded to the demand for credible and affordable economic impact studies by completing over 2000 such studies for colleges in the US, UK, Canada, and Australia. The book chronicles the lessons learned over this time period and highlights what an economic impact study is, is not, what the results mean, and why they are important. It also discusses how presidents and governing boards can leverage the impact results to address other issues they deal with on a daily basis. Few college presidents are fully aware of this opportunity, however, and thus do not fully exploit the richness of the study. A strong case is also made that the college leadership should play a much stronger leadership roles in regional economic development of their region in addition to their roles as advocates for their colleges only.

Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.

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"Provides 28 case studies demonstrating how community colleges identify and address the continuous learning needs of their communities and how they develop individuals, help employers, and support communities as they fill the workforce training needs of the country"--Provided by publisher.

Co-published with An Agenda for Leaders / A Text for Leadership CoursesWhile community colleges promote American ideals of democracy, opportunity, and social mobility; they provide a vital, accessible, and affordable education for nearly 12 million first-generation, economically-disadvantaged, and minoritized students; are engines of local workforce and economic development; and enroll nearly half of all students who go on to complete a four-year degree; they remain the least resourced and the least funded institutions in the United States.Offering the insights of the former president of Greenfield Community College—located in Massachusetts’s poorest rural county—who was a national leader in community college and higher education organizations as well as closely involved with local businesses and organizations; and commentary and background data provided by Professor of Higher Education and Chair of the Department of Leadership in Education at the University of Massachusetts Boston, this book addresses the challenges that community colleges face as they strive to achieve their complex missions in a changing world.By providing vivid accounts of the diversity of students that community colleges serve, the complexity of their missions—from dual enrollment with high schools, to vocational training, adult education, and transfer to four-year colleges—and the role they play in supporting and responding to the needs of local business, as well in regional economic development, the authors make the case for increased investment, while at the same time making apparent to all stakeholders—from policy makers and trustees to college leaders, faculty and staff—how they can contribute to the vital development of human capacities.Community colleges are open-access, train nearly 80% of all first responders, graduate more than half of new nurses and health-care workers, and have a history of nimbleness and responsiveness to community needs, and can play a vital role in training for tomorrow’s jobs, over 60% of which will, in the next decade, require some college education. The first four chapters set the scene, demonstrating the key foundational linkage between education, community, and democracy, presenting a history of the community college movement, illustrating what’s involved in building strong and reciprocal community relationships, and covering a whole panoply of leadership issues such as governance, institutional culture, facilities planning, resource development, accreditation, and crisis management.The second part of the book presents Bob Pura’s accounts of his visits to five community colleges, each representing different geographic regions, institutional size, urban and rural locations, and how they respond to the varied racial and ethnic populations from they draw their students and establish themselves as anchors in their communities.As well as offering an important message to state and federal policy makers, this book serves as a roadmap for aspiring leaders of community colleges as well as a text for leadership and higher education courses. College leaders may find it useful for internal training and learning community groups.

Local, state, and national economies are facing unprecedented levels of international competition. The current fiscal crisis has hampered the ability of many governments in the developed world to directly facilitate economic growth. At the same time, many governments in the developing world are investing significant new resources into local infrastructure and industry development initiatives. At the heart of the current economic transformation lie our colleges and universities. Through their roles in education, innovation, knowledge transfer, and community engagement, these institutions are working toward spurring economic growth and prosperity. This book brings together leading scholars from a variety of disciplines to assess how universities and colleges exert impact on economic growth. The contributors consider various methodologies, metrics, and data sources that may be used to gauge the performance of diverse higher education institutions in improving economic outcomes in the United States and around the world. Also presented are new typologies of economic development activities and related state policies that are designed to improve understanding of such initiatives and generate new energy and focus for an international community of scholars and practitioners working to formulate new models for how public universities and colleges may lead economic development in their states and communities while still performing their traditional educational functions. Universities and Colleges as Economic Drivers is meant to cultivate greater understanding among elected officials, business representatives, policymakers, and other concerned parties about the central roles universities and colleges play in national, state, and local economies.

While two-year and community college institutions are called by different names and may not all be structured the same around the world, their core mission remains consistently: to respond to the needs of their local community. This volume examines various two-year and community college institutions worldwide.