| Abstract: |
The thesis tries to present contemporary theories and some evidence from empirical research dealing with human capital and education as its fundamental part. It shows a microeconomic point of view in terms of incentives and effects of education for individuals. The macroeconomic point of view is mainly represented by vindication the subsidies of education from public sources. In the analytical part, we are trying to confirm or disprove the hypotheses that the different natural factors (climate, natural recourses) in different parts of the world have an impact on education process and by that an impact on the human capital of the society. |
