Economics and Finance in Higher Education ((3 Credits))

Catalog description

The purpose of this course is to understand the concepts related to higher education finance and its impact upon the higher education system in the United States. Students will be introduced to financial, economic, and budgetary issues within higher education. The primary focus is on post-secondary education where the primary political, economic, and social issues influencing higher education finance are examined. Students will examine revenue streams and expenditure patterns, survey tuition and financial aid policies, develop the ability to examine and analyze financial information, and assess the budget as an instrument of strategic planning, resource allocation, and control. This course is grounded in literature, theories, and examples specific to higher education.