Teacher(s)
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
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