ECONOMICS OF EDUCATION: THE ROLE OF PUBLIC INVESTMENTS IN INCREASING HUMAN CAPITAL

The study examines the role of public investment in education in the formation of human capital and stimulating economic growth. The economic effects of investments in the education system are analyzed, including increased labor productivity, reduced unemployment, and the development of innovative entrepreneurship. The mechanisms of public financing of education and their impact on the labor market, social mobility, and the level of economic inequality are considered. Particular attention is paid to the contribution of higher education and scientific research to technological development. Key strategies for increasing the effectiveness of educational investments are identified, including digitalization of education, public-private partnerships, and financing of STEM sciences.