| Unit name | Economics of Education |
|---|---|
| Unit code | EFIMM0042 |
| Credit points | 15 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Professor. Burgess |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
ECONM1010 Microeconomics; ECONM1022 Econometrics EFIM20010 Applied Quantitative Research Methods OR EFIM20011 Econometrics 1 |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
This unit aims to help students apply their knowledge of economics and econometrics to the study of education, typically schools and universities. Topics will include general analysis of human capital formation, the role of family, school resources, teachers and pupils in raising attainment, the appropriate governance, regulation and market structure for schools, and specific issues with higher education. The course will use theoretical models of investment, incentive structure, and markets to gain insights for studying behaviour, but the course will focus more on empirical evidence, and in particular on causal studies. The unit aims to build in students an appreciation of the issues involved in education reform, the possibilities and the limitations.
This unit provides a thorough and in-depth treatment of the application of microeconomic analysis to schools and universities. The idea is that at the end of the course, students will;
Teaching will be delivered through a combination of large and small group classes, supported by online resources
Tasks which help you learn and prepare you for summative tasks (formative):
Weekly discussion of ideas and dedicated classes to review and feedback students' outlined plans for their coursework
Tasks which count towards your unit mark (summative):
Coursework, approx. 2000 words. Worth 100% of unit mark. Assesses ILOs 1-4.
When assessment does not go to plan:
Coursework, approx. 2000 words. Assesses ILOs 1-4.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIMM0042).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the Faculty workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an
assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
