Foundations of Education Economics

Understanding the economic forces shaping education is crucial for effective policy and equitable development. This course will equip you with the foundational economic principles and analytical tools to critically evaluate educational challenges and opportunities, especially within urban contexts. You will gain the knowledge to approach educational issues with a robust economic perspective. What you'll learn: * Understand human capital theory and its role in educational investment * Analyze the economic returns to education for individuals and society * Examine various models of education finance, including public and private funding * Apply economic frameworks to evaluate educational policies and interventions * Explore the role of education in urban development and economic growth * Learn to interpret data-driven insights for evidence-based educational policymaking * Identify key economic challenges and equity considerations in contemporary educational systems The course begins with core microeconomic concepts relevant to education, then progresses to explore specific applications in funding, policy evaluation, and the broader societal impact of educational systems. You will read clear explanations and practice through structured written exercises. This course is designed for beginners with no prior economics background, including students and professionals in public policy, urban planning, education administration, and social sciences. Begin your journey to a deeper understanding of education's economic landscape.