A considerable number of higher educational institutions in North America, Oceania, and Europe, offer what are known as cooperative education, work-integrated learning, work placements, sandwich courses, or internships, to provide pragmatic experience to students, and its popularity is spreading to many higher educational institutions in the world. Alongside such development, the rising needs for theoretical research and objective assessment are felt among those academics and practitioners involved in these programmes.The book offers a rigorous theoretical framework based on the human capital theory of labour economics and econometric analysis, which are well-established concepts in the field of economics, with an objective quantitative methodology to analyze and assess cooperative education programmes.