Course Description
A rigorous examination of the ways economic principles, theories, and models are used to examine higher education. Topics include: investment in human capital, return on education, demand and supply of higher education, postsecondary revenues, and expenditures.
Athena Title
ECON APP HIGHER ED
Semester Course Offered
Offered spring
Grading System
A - F (Traditional)
Course Objectives
(1) Review key economic concepts for students in higher education; (2) Examine how economists analyze education problems through theory and statistics; (3) Review important studies that have been conducted by economists who study higher education issues; (4) Help students learn how to apply these theories and methods to higher education topics of their choice.
Topical Outline
• Overview of Economics of Higher Education • Externalities and Public Goods in Education • Economic Theory of Individual Behavior in Higher Education • Investment in Human Capital • College Choice and Return on Higher Education • Demand and Supply in Higher Education • Higher Education Costs and Production • Market Structure in Higher Education • Labor Economics and Higher Education