Economics of Education

(3 Credits)

*An introduction to the theoretical and empirical methods used in modern economic analysis of education. Economic theory and econometric methods are applied to topics such as the demand for and returns to schooling, the impact of school resources on outcomes, student incentives, school choice, accountability, teacher labor markets, and school funding equity. Attention is paid to the ability of statistics and econometric methods to make causal inferences about effects of education policies and to predict likely impact of policy changes.