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Course Description

Course: Economics of Education

Code: ECO467

Semester: A


This class discusses the usefulness of economic analysis in the study of education and educational policy, including effects of education on equality, equity, and allocative efficiency, public vs. private production of education in a society.

Topics include discussion of basic human capital theory, screening – signaling effect in education, the growing impact of education on earnings and earnings inequality, private and social return to investment in education, cost-benefit analysis of educational programs, educational technology in improving education (K-12, etc)