| Course Type | Elective Course |
| Course Level | Bachelor's Degree |
| Year of Study | - |
| Semester | - |
| ECTS | 5 |
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- will be able to view the education industry and its educational process through the lens of economics.
- will become knowledgeable about the economics of education literature and learn how to apply the tools of economic analysis to a significant policy issue.
|
| Mode of Delivery | Face to face |
| Prerequisites | No |
| Recommended Optional Programme Components | - |
| Course Description | This course will provide an introduction to the various aspects of the economics of education. The central aim of the course is to assist students in viewing the education ?industry? and its educational process through the lens of economics. Students will be afforded an opportunity to examine important issues related to the economics of education. Students become knowledgeable about the economics of education literature and they will learn how to apply the tools of economic analysis to a significant policy issue. |
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Introduction to the Economics of Education |
|
2nd Week |
The Concepts of Economics and Economics of Education & The Relation Between Education and Economics |
|
3rd Week |
Education, Economic Growth and National Development |
|
4th Week |
Education Demand & Supply - Investment in Human Capital |
|
5th Week |
Returns to Education & Earnings |
|
6th Week |
Cost/ Benefit Analysis in Education |
|
7th Week |
Mid-Term |
|
8th Week |
The Role of Government in Education: State Schools vs. Private Schools |
|
9th Week |
Early Childhood Education Policy |
|
10th Week |
Higher Education Policy |
|
11th Week |
Teacher Labor Markets |
|
12th Week |
Efficiency and Wastage in Education |
|
13th Week |
Crime and Education |
|
14th Week |
Behavioral Economics Perspective on Education |
|
| Recommended or Required Reading | Economics of Education, Lovenheim, M. & Turner, S., First Edition, 2018.
The course does not completely follow the structure of the book. Extra materials will be discussed in class.
Power point slides will be available on Moodle as well
|
| Planned Learning Activities and Teaching Methods |
- Lecture
- Questions/Answers
|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Quiz |
1 |
10 |
| Total(%) |
|
50 |
| Contribution of In-term Studies to Overall Grade(%) |
|
50 |
| Contribution of Final Examination to Overall Grade(%) |
|
50 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
1 |
1 |
| Preparation for Quiz |
1 |
10 |
10 |
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
30 |
30 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
25 |
25 |
| Laboratory (including preparation) |
0 |
0 |
0 |
| Final exam |
1 |
1 |
1 |
| Homework |
0 |
0 |
0 |
| Total Work Load | 151 |
| Total Work Load / 30 (h) | 5.03 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | English |
| Work Placement(s) | No |