ECO 204 Week 4 Assignment Human Capital

Would you consider education consider an investment in human capital? “Capital is considering goods produced by the economic systems that are used as inputs to produce other goods and services in the future” (Case, Fair & Oster, pg. 221). When most people hear the words capital the first thing that normally comes to mind is making a profit through a business after expenses. There are many forms of capital which many economists feel as if education is an investment in human capital.