UCL Department of Economics


ECON7012: Economics of Education

Term 2


  • To develop an understanding of the application of economics to the analysis of education policy;
  • To provide empirical evidence on the returns to different types of investments in human capital, and discuss the implications of this evidence for policy

At the end of the course, students should:

  • Understand the role of economics in the design of education policy
  • Demonstrate basic knowledge of what is known about the determinants of human capital formation, and its implications for policy

Taught by:
Pedro Carneiro
Assessment: 20 hours of lectures and 4 compulsory tutorial classes with accompanying coursework. There will be a 2-hour unseen written examination in Term 3.
Suitable for:
2nd / 3rd year Economics (L100) and 3rd year Econ/Geog (LL17) and Phil/Econ (VL51) students.
Prerequisites: ECON1001, ECON1002, ECON1003, ECON1004.
Students should also have taken (or be concurrently taking) ECON2001, ECON2007.
Maximum module enrolments: 90
Module Evaluation (Previous year): ECON7012
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