lfopa2003  2019-2020  Louvain-la-Neuve

Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
6 credits
45.0 h
Q2
Teacher(s)
Vandenberghe Vincent;
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
EDEF


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

Title of the programme
Sigle
Credits
Prerequisites
Aims
Minor in Education

Master [120] in Education (shift schedule)