Introduction to Public Finance of Education

3 credits · Undergraduate

In this course, we first provide a foundation of knowledge for the economics of the public sector. In this part of the course, we will discuss the appropriate role of government activity in a market economy as well as other behavioral consequences of government policy from the perspective of the consumers, the policymakers, regulators, and general taxpayers. After establishing a better understanding of the economics of the public sector, we will examine economic models to explain real world government policymaking with a specific focus on education policy, including the rationale and mechanisms of funding education as well other important policy issues such as the provision of early childhood education, teacher labor markets, and accountability and school choice programs. [3]