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Colleges

Economics of education

Course Description: The course includes the basic concepts and theoretical foundations of the economics of education, as well as research areas in the economics of education, the returns to education in terms of methods of measuring its economic value, education expenditures and costs, education financing and diversifying its sources, international policies in education financing, private higher education and its financing, educational wastage, the added value of educational institutions, quality in education and its economics, and the economics of knowledge in higher education in light of some Arab and foreign experiences.
Credits: 2
Objectives of the course :

The student should be knowledgeable about the theoretical and applied knowledge and concepts of educational economics, especially concerning methods of calculating the return and loss from education, addressing educational wastage, education expenditure and financing, knowledge economics, its relationship to the quality of educational institutions, and benefiting from international experiences in this field.

Course outputs :

Knowledge and understanding:
- Extracts theoretical concepts of the economics of education such as return, loss, expenditure, and financing, and their applications.
– Identifies research areas in education economics and their relationship to the privatization of education.
- Discovers the factors influencing education spending.
– Identifies factors that make it difficult to measure the returns of education.
– Highlights the importance of diversifying education financing sources in international experiences.
– Determines the requirements for applying value-added in educational institutions.

Skills:
Compares different methods for distributing educational returns.
– Applies different methods for measuring the return on education.
- Suggests new sources for education funding.
– Criticizes the policies of education privatization.
– Estimating the costs of educational wastage.
– Develops a concept for applying value-added input in the evaluation of educational institutions.

Values, autonomy and responsibility:
- Practice scientific research ethics in research related to the economics of education.
– Uses self-learning skills in researching foundational knowledge in educational economics.
Uses technical means to communicate and search for information in the field of educational economics.
Effectively communicates within the work team to conduct research assignments for the Economics of Education course.
– His performance and that of his colleagues are based on what was studied in the Educational Economics course.

Additional information:

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