Course Code & Number
ECON 495
Course Title
Economics of Education and Human Capital
Level
BS
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Pre-requisite / Co-requisite::
Pre-requisites: ECON 211
Co-requisites: NONE
Catalog Description
The basic theory of investment in human capital. The relation between human capital and economic growth/development. The fundamental link between innate ability, education, and labor market outcomes. The effect of vocational versus general education on labor market outcomes. Gender/racial gaps in educational outcomes and the theory of signalling. The role of school and teacher quality on educational outcomes. Main policy issues in the economics of education.