ECON BC3012 Economics of Education

Instructor: Randall Reback, Fall 2007

Description: Use of economics to analyze education policies and education markets. Examine school production function literature and econometric problems that arise when researchers attempt to identify the causal effects of inputs. Other topics: (1) education as an investment, (2) public school finance, (3) teacher labor markets, (4) testing/accountability programs, (5) school choice programs, and (6) urban public school reforms.

Work Requirements: Midterm Exam (40%), Policy Brief (20%), Final Exam (40%).  In addition,
there will be a couple of homework assignments that will be collected but not graded.

Prerequisites: ECON BC 3035 Intermediate Micro Theory & ECON BC 2411 Statistics for Economics or their equivalents or permission of the instructor