Learning effect (economics) explained

In economics, the learning effect is the process by which education increases productivity and results in higher wages.^[1]

Notes and References

1. Book: O'Sullivan , Arthur . Arthur O'Sullivan (economist)

   . Arthur O'Sullivan (economist) . Steven M. . Sheffrin . Economics: Principles in Action . Pearson Prentice Hall . 2003 . Upper Saddle River, New Jersey 07458 . 214 . 0-13-063085-3.