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Economics of Education


Course Description

Application of economic principles to the production and delivery of education. Analysis of education policy and reform at the primary, secondary and post-secondary levels, e.g., policies related to teacher pay, class-size, high-stakes testing, charter schools, vouchers, affirmative action, and financial aid. International higher education policies are also discussed.


Athena Title

Economics of Education


Equivalent Courses

Not open to students with credit in ECON 4250H


Prerequisite

ECON 4010


Semester Course Offered

Offered every year.


Grading System

A - F (Traditional)


Student learning Outcomes

  • When students have completed this course, they will be able to describe the human capital and signaling models of education.
  • When students have completed this course, they will be able to explain the economics of the effects of schooling.
  • When students have completed this course, they will be able to recall empirical economics research on the effects of schooling and education policies.
  • When students have completed this course, they will be able to assess primary, secondary, and higher education policies and reforms.

Topical Outline

  • Review of basic economics and econometrics
  • What schooling does
  • Primary and secondary education
  • Higher education
  • International education

Syllabus