Academic Catalog

ECON316 ECONOMICS OF EDUCATION

Course Code: 3110316
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator:
Offered Semester: Fall and Spring Semesters.
Prerequisite: Set 1: 3110101 , 3110102
The course set above should be completed before taking ECON316 ECONOMICS OF EDUCATION.

Course Content

This course uses economic tools and concepts to analyze a variety of issues related to education, including the following: how and why parents, students, and govemments make decisions to invest in education; how education affects social and economic outcomes, including GDP growth and income inequality; how to evaluate the quality of education; how education is financed; the impact of resources on educational quality; and how to design and implement public policies related to education. The course also discusses the reasons that it is difficult to analyze education data and how to overcome those problems.