Topics in Policy Analysis (Half-Term): The Economics of Education

This course explores three questions in the economics of education: What are the economic returns to education? How do people's valuations of education relate to economists' measures of returns? how are individuals' choices and educational outcomes mediated by information? We pay special attention to higher education policy and to choice-based reforms in K-12 education. Do these reforms 'work?' If not, why not? Topics include signaling and human capital theories, valuation of school quality, charter/magnet schools, and informational and financial frictions in higher education.