Economics of Education

Catalog description

Credits 3. 3 Lecture Hours. Application of economic principles to the study of education systems and policy; examines theoretical foundations for private and public investment in education; analyzes returns to education, human capital formation and the role of non-cognitive skills; explores how resources, financing, accountability and choice affect educational outcomes in K-12 and higher education; focuses on empirical approaches to evaluating education policy and the measurement of effectiveness. Prerequisites: Grade of C or better in ECON 202 ; grade of C or better in ECMT 461 , STAT 211 or STAT 303 .