ECON 461

Econ 461 students will be able to

Evaluate education policy from an economics perspective Incorporate costs and benefits in education policy analysis Identify unintended consequences associated with alternative policy options Base analysis on research literature findings. Demonstrate an understanding of the theoretical underpinnings of the field Education production Human Capital formation Role of incentives. Speak fluently and intelligently about current issues in education policy, including US and International policy Teacher labor markets K-12 education policy Higher education. Evaluate the economics of education research literature Know the seminal papers in the field, and how they shaped the discipline Know the current "cutting edge" papers and how they are pushing the frontiers of knowledge. Demonstrate an understanding of the quantitative methods and research tools that empirical education economists use to conduct research, including Cross sectional and panel data models Methods to account for selection bias The importance of obtaining causal effects.