Economics

Economics of Education

Module code: L1098
Level 6
15 credits in spring semester
Teaching method: Lecture, Seminar
Assessment modes: Computer based exam

This module is designed to equip you with an understanding of the economic aspects of education. The teaching delivery will focus around discussions and debates germane to current issues in education by combining theory with empirical evidence.

Topics to be explored in this module include:

• why does education matter (the macro and micro perspective)
• human capital theory
• education and earnings inequality
• teacher’s labour market
• school resources
• school choice
• the higher education market
• a critical evaluation of education policy in the UK.

Module learning outcomes

• Acquire a theoretical understanding of the economics of education field;
• Appreciate and critically evaluate the relevant empirical evidence from this field;
• Develop knowledge and understanding of important education policies that matter for the career and lifetime success of students;
• Critically analyse current policy issues in education.