A course in applied microeconomic policy analysis, focusing on the economic factors underlying the historical and current provision of education in the United States. Topics of interest include the private and social returns to education; the effect of scholastic inputs on student achievement (including teacher quality and class size); the valuation of school quality through house prices; and the role of incentives in increasing the efficiency with which education services are delivered. To facilitate a deeper understanding of such concepts, key econometric techniques used in empirical research are reviewed. Prerequisite: Economics 201D required; Economics 204D or 208D strongly recommended.
