Office: 362 Ed Bldg.;
Telephone: 333-5875 (LEAVE MESSAGE);
E-mail: shorish@uiuc.edu
Office Hours: Tuesdays: 10-12 Or By Appointment.

Evaluation:

• Midterm (35%), final (50%), class participation (15%).
• Attendance is integral to the course.

Text:

• E. Cohn and T. Geske, The Economics of Education (third edition, 1990).
  This book is on two hours reserve in the Education and Social Science Library.
  Other readings may be announced.

Readings & Discussions

1. Introduction to the course
2. Cohn and Geske -- Chapter 1, "Introduction," & Chapter 2, "Human Capital and the Role of Government in Education," pp. 1-33
3. Cohn and Geske, Ch. 3, "The Benefits of Education," , pp. 34-69,
4. Cohn and Geske, Ch. 4, "The Costs of Education," pp. 70-93
5. Cohn and Geske, Ch.5, "Benefit-Cost Analysis of Education," pp. 94-133
6. Cohn and Geske, Ch. 6, "Education and Economic Growth," pp. 134-158
7. Cohn and Geske, Ch.7, "Production and Cost Function in Education," pp. 159-210
8. Cohn and Geske , Ch.8, "Educational Planning," pp. 211-235
9. Cohn and Geske, Ch. 9, "Teacher's Salary," pp. 236-275

MIDTERM EXAM: ONE HOUR

10. Cohn and Geske, Ch.10, "Taxation for Education," pp. 276-305
11. Cohn and Geske, Ch.11. "Financing Elementary and Secondary Schools," pp. 306-357
12. Cohn and Geske, Ch.12, "Financing Higher Education," pp. 358-382
13. George Psacharopoulos, "Designing Educational Policy: A Mini-Primer on Values, Theories and Tools," International Jounal of Educational development, Vol., 16, no.3, pp. 277-279, 1966; Paul Bennell, "Using and Abusing Rates of Return: A Crtique of the World Bank's 1955 Education Sector Review," ibid, pp., 235-248.
14. Jon Lauglo, "Banking on Education and the Uses of Research: A Critique of World Bank Priorities and Strategies for Education," ibid., pp. 221-233.
15. Frances Stewart, "Globalization and Education," International Journal of Educational Development, Vol. 16, no. 4, pp. 327-333.
16. Review