This class covers basic economic thinking on the microeconomics of education. Education Economics draws upon many subfields, including labor, public, industrial organization, and development. In this term we will apply microeconomic theory and econometrics to a variety of educational issues. The course will emphasize the development of analytical skills in using economic tools in thinking about and vetting educational policy. By the end of this class you should have a solid understanding of many (not all!) of its important concepts, theories, and empirical foundations. Throughout the course we focus on the micro foundations of the big macro picture and combine economic theory and data analysis. While I will on occasion discuss case studies, a thorough empirical history of education economics is not the central focus of the course.
I am recommending the text Economics of Education, 1st edition, by Michael Lovenheim and Sarah Turner. I have ordered it at the campus bookstore. You can also order it directly from the publisher (or anywhere else). It is available as an e-book or paperback. The publisher's website is at the following link, where you will also find the ISBN numbers: