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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
ECONOMICS OF EDUCATION ECO446 - 3 + 0 5

TYPE OF COURSE UNITElective Course
LEVEL OF COURSE UNITBachelor's Degree
YEAR OF STUDY-
SEMESTER-
NUMBER OF ECTS CREDITS ALLOCATED5
NAME OF LECTURER(S)Instructor Özlem Gürsoy Çetinkaya
. Servıs Servıs
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) will be able to view the education ?industry? and its educational process through the lens of economics.
2) will become knowledgeable about the economics of education literature and learn how to apply the tools of economic analysis to a significant policy issue.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENT-
COURSE DEFINITIONThis course will provide an introduction to the various aspects of the economics of education. The central aim of the course is to assist students in viewing the education ?industry? and its educational process through the lens of economics. Students will be afforded an opportunity to examine important issues related to the economics of education. Students become knowledgeable about the economics of education literature and they will learn how to apply the tools of economic analysis to a significant policy issue.
COURSE CONTENTS
WEEKTOPICS
1st Week Introduction to the Economics of Education
2nd Week The Concepts of Economics and Economics of Education & The Relation Between Education and Economics
3rd Week Education, Economic Growth and National Development
4th Week Education Demand & Supply - Investment in Human Capital
5th Week Returns to Education & Earnings
6th Week Cost/ Benefit Analysis in Education
7th Week The Role of Government in Education: State Schools vs. Private Schools
8th Week Mid-Term
9th Week Early Childhood Education Policy
10th Week Higher Education Policy
11th Week Teacher Labor Markets
12th Week Efficiency and Wastage in Education
13th Week Crime and Education
14th Week Behavioral Economics Perspective on Education
RECOMENDED OR REQUIRED READINGEconomics of Education, Lovenheim, M. & Turner, S., First Edition, 2018.
The course does not completely follow the structure of the book. Extra materials will be discussed in class.
Power point slides will be available on Moodle as well
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture,Questions/Answers
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term140
Quiz110
Total(%)50
Contribution of In-term Studies to Overall Grade(%)50
Contribution of Final Examination to Overall Grade(%)50
Total(%)100
ECTS WORKLOAD
Activities Number Hours Workload
Midterm exam111
Preparation for Quiz000
Individual or group work14342
Preparation for Final exam13030
Course hours14342
Preparation for Midterm exam12525
Laboratory (including preparation)000
Final exam111
Homework000
Total Workload141
Total Workload / 304,7
ECTS Credits of the Course5
LANGUAGE OF INSTRUCTIONEnglish
WORK PLACEMENT(S)No
  

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