The British Council, in cooperation with The Economist Intelligence Unit, have developed a robust econometric model to predict the impact of demographic and income patterns on international student mobility. The research focuses on 3 countries – China, India and Nigeria - providing crucial insights into the way in which student mobility from these countries is likely to develop.
The research explores the convergence of factors such as household income, demographic changes and price elasticity and provides three linked forecasts: the first estimates the total demand for tertiary education from these countries; the second estimates the number of this total pool of students who might potentially seek international education; the third estimates the UK and USA market shares of this potential international group of students against competitor countries. In this session Andrew Williamson, Global Director of Economic Research at the Economist Intelligence Unit presented this research and the implications of its findings on international student mobility.