ECON 461
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Economics of Education
Economics
College of Family, Home, and Social Sciences
Course Description
Evaluation of education policy from an economic perspective, focusing on the benefits and costs of policy outcomes. Introduction to quantitative methods used by empirical education researchers.
When Taught
Contact Department
Min
3
Fixed/Max
3
Fixed
3
Fixed
0
Title
Theory
Learning Outcome
Use models to analyze education production, human capital formation, and the role of incentives.
Title
Policy
Learning Outcome
Evaluate education policy options by using economics research findings to analyze costs and benefits and to identify unintended consequences.
Title
Current Issues
Learning Outcome
Evaluate current issues in education, such as teacher labor markets, K-12 policies, higher education, and other nations' policies.
Title
Literature
Learning Outcome
Evaluate the economics of education research literature by studying how seminal papers have shaped the field and by analyzing how current "cutting edge" papers are expanding knowledge frontiers.
Title
Quantitative Research Tools
Learning Outcome
Demonstrate an understanding of the quantitative research tools that empirical education economists use to conduct research, including cross sectional and panel data models, techniques to account for selection bias, and methods to identify causal effects.
