Abstract
A new branch of knowledge that has appeared at the point of contact between economics and pedagogy - the economics of public education - has the purpose of investigating the economic aspects of secondary, higher, and vocational-technical education, their influence upon the development of the country's productive forces, upon overcoming the differences between physical and mental labor and between town and countryside. The new branch is also called upon to disclose the most rational organization of public education and to indicate the most efficient utilization of funds appropriated for educational purposes. The First Conference of Higher Schools on Problems of the Economics of Public Education, held at the end of last year at the Moscow (Lenin) Teacher Training Institute, attracted a large number of participants and produced broad public interest. Its task consisted, above all, of defining the principal economic problems requiring priority treatment in connection with the forthcoming transition to universal complete secondary education in the USSR. In opening the conference, Professor N. V. Aleksandrov, First Deputy Minister of Education, pointed to the vast significance of economics in resolving pressing problems of public education.
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