摘要：AbstractFuture growth and social welfare will depend on knowledge-intensive industries and services. In this case more jobs will require a higher education qualification. It is important to determine the relations between education policy, other policies – such as research and technological development, social - and economic development of the country. The article analyses the human capital as a factor of production, accumulated by individuals through education and its impact in to higher production. Other important issue is high education impact on research, technological development and total factor productivity growth. The development of knowledge society requires new attitude to European education policy. The main aim of the article to exam the European Union education policy, its relation and impact for economic development.
