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ECONOMICS (L11)  (Dept. Info)Arts & Sciences  (Policies)SP2025

L11 Econ 483Economics of Education3.0 Units
Description:The "economics of education" involves analysis of the economic and social determinants and consequences of education. Because each person´s education is an investment in human capital which allows the individual to contribute to society in a productive way, education becomes a crucial determinant of an economy´s ability to achieve high growth with high wages, low unemployment and strong social cohesion. This course will address three essential topics from the wide-ranging field of the economics of education. The first is demand-side oriented and includes: (i) the measurement of the returns to education in the labor market (human capital theory; the central idea of education as human capital investment); and (ii) a characterization of the education production function, which relates the various inputs affecting a student´s learning (schools, families, peers, neighborhoods, etc.) to measure outputs including labor market success, graduation rates and standardized test scores. The second important topic involves political economy and the supply side: the financing and provision of education. The third part of the course is devoted to the links between education and economic development, including cross-country differences in schooling, returns to schooling and per-capita income. Prerequisites: Econ 4011, Econ 4021, and Econ 413.
Attributes:A&S IQSSCArchSSCArtSSCENS
Instruction Type:Classroom instruction Grade Options:CP Fees:
Course Type:HomeSame As:L11 6390Frequency:Every 1 or 2 Years / History
SecDays       TimeBuilding / RoomInstructorFinal ExamSeatsEnrollWaits
01M-W----4:00P-5:20PSeigle / 206 VandenbrouckeMay 2 2025 6:00PM - 8:00PM30230
Actions:BooksSyllabus
Syllabi are provided to students to support their course planning; refer to the syllabus for constraints on use.
Label

Home/Ident

A course may be either a “Home” course or an “Ident” course.

A “Home” course is a course that is created, maintained and “owned” by one academic department (aka the “Home” department). The “Home” department is primarily responsible for the decision making and logistical support for the course and instructor.

An “Ident” course is the exact same course as the “Home” (i.e. same instructor, same class time, etc), but is simply being offered to students through another department for purposes of registering under a different department and course number.

Students should, whenever possible, register for their courses under the department number toward which they intend to count the course. For example, an AFAS major should register for the course "Africa: Peoples and Cultures" under its Ident number, L90 306B, whereas an Anthropology major should register for the same course under its Home number, L48 306B.

Grade Options
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P=Pass/Fail
A=Audit
U=Satisfactory/Unsatisfactory
S=Special Audit
Q=ME Q (Medical School)

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