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" Analyze economic aspects of educational choice and educational policy from a microeconomic perspective
"
Compare, relate and reflect on the different theoretical and empirical methods that are used to analyze educational choice and educational policy.
" Formulate and apply the microeconometric models that are used in the course and describe what identifying assumptions they are based on
The course takes a tour through the part of modern labour economics which focuses on the economics of education. The main focus is on empirical and theoretical investigations of educational investments and decisions from a microeconomic perspective. The choice of topics varies according to the most recent research agenda in the micro-oriented literature. Human capital theory forms the basis for the field. In addition to that, focus will be on studies of the causal impact of family background, resources and choices on educational outcomes. Thus natural topics to include are: intergenerational transmission of human capital, economic incentives in the education sector, peer effects, class size effects, school segregation, lifelong learning and analysis of career choice.
In addition, topics from other, but strongly related, fields may also be included. This could be questions related to health, family, integration of immigrants and active labour market policies (to mention some obvious candidates).
COURSE SUBJECT AREAS:
1.
Human capital theory
2.
Causal impact of resources and choices on educational outcomes.
3.
Topics from the most recent research agenda, e.g. intergenerational transmission of human capital, economic incentives in the education sector, peer effects, class size effects, school segregation, lifelong learning or analysis of career choice.
4.
Topics from strongly related fields, e.g.
health, family, integration of immigrants and active labour market policies.
REQUIRED COURSES: Micro I and Microeconomic Theory or Micro II
Econometrics
When the 12 lectures are done the students will (preferably in groups) produce a written assignment. The assignment should be based on the material covered by the lectures and is limited to 15 pages per student.
Recent scientific articles. Exact content TBA.
Articles are expected to amount to 600 pages.
Oral exam without preparation based on project report (20 min.). The weight of the oral exam is 2/3 and the weight of the project report is 1/3.
EXAMINATION AIDS ALLOWED: Project report