lfopa2003  2020-2021  Louvain-la-Neuve

Due to the COVID-19 crisis, the information below is subject to change, in particular that concerning the teaching mode (presential, distance or in a comodal or hybrid format).
6 credits
45.0 h
Q2
Language
French
Main themes
This course has no prerequisites. It begins with an introduction to economic reasoning and the exposition of some of the key concepts developed by economists ( i.e. study of the choice of agents in a situation of scarcity, central planning vs market economics, efficiency and equity in the production and distribution of goods and services or revenue). The rest [and by far most important part ] of the course is dedicated to economics of education as such. That comprises the study of the individuals and collective benefits of education, education as human capital investment  vs. signalling ; how should education be financed?, the role of for-profit firms in financing human capital; the economic analysis of the cost of educational systems, what the estimation of  production functions teach us about the supply of education, and the organizational and incentive-based approach to education provision.
Bibliography
Communiquées à travers Moodle
Faculty or entity


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Aims
Minor in Education