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Instructors: Univ.-Prof. Dr. Daniel Schunk
Event type:
online: Lecture
Displayed in timetable as:
Econ of Education
Hours per week:
2
Language of instruction:
Englisch
Min. | Max. participants:
- | -
Requirements / organisational issues:
After the course, students should be able to competently analyze modern topics in the field of “Economics of Education”. They should understand the role education in human capital formation and for economic prosperity and society as a whole. Moreover, they should be able to understand and communicate the economic and social trade-offs involved in different educational policies, and they should know how current data can be used to inform economic and educational policy.
Contents:
The course deals with current research in the area “Economics of Education” at an advanced level, involving theoretical models as well as current empirics. We discuss the relevance of education as a central driver for individual and societal economic well-being and for productivity growth in the economy. Thereby, we cover topics such as individual decisions to invest (or to not invest) in education, long-term individual and social returns to education, the role of human capital, i.e. an individual’s skills and abilities, as a determinant of labor market success and the efficiency and equity of various different educational policies.
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