What you'll learnDefine economics of education, know its significance and discuss the concept of human capital theory and examine how it has been applied in education
Learn about the concepts of demand and supply as applied in education. Factors affecting the demand and supply of education.
Understand the concept of costs in education and analyze the behavior of costs in educational investments. Describe the various sources of finance
Examine how education is a consumption and investment as well as the concept of economic growth and development in relation to education
Examine problems facing education planning, the significance of demographic data in planning as well as the different approaches of planning education.
Define access in education, compute the indicators of access, outline the factors affecting access as well as understand matters of equity and efficiency.
RequirementsEducators and teachers seeking a deeper understanding of the economic aspects of education.
There are no strict prerequisites for this course, but a basic understanding of economics would be beneficial. Familiarity with key economic concepts such as supply and demand, costs, and economic growth would enhance the learning experience.
DescriptionEducation is undergoing a massive paradigm shift - Traditional models are being challenged by digital transformation, personalized learning, and the global economy's increasing demands.We cannot continue to bury our heads in the sand like the proverbial ostrich! Come let's explore this shift together in Education-omics – or otherwise known (Economics of Education), gain insights into the evolving roles of educators, learners, and institutions, and how these changes influence resource allocation, policy formation, and educational outcomes.This is for you if you are an educator at the forefront of shaping future generations, a policy maker formulating decisions that drive equitable access, affordability, and quality of education. A private school owner in search of new ways to optimize your institution as an engine of economic growth. A social enterprise dedicated to education for driving meaningful change or Lobby group/civil society focused on education. This course will be a helpful tool in amplifying your advocacy efforts.It is a self-paced course with video lessons, bite-sized modules, study materials, quizzes to track progress, and a dedicated forum where you can ask questions, share insights, and participate in discussions to enhance your learning experience. You will also have lifetime access to the materials, including any future updates or additionsSo what are you waiting for, Enroll now and lets get into the heart of the matter!
OverviewSection 1: Introduction to Economics of Education
Lecture 1 Definition and significance of the economics of education
Lecture 2 The Human Capital Theory and it's application in Education
Section 2: Demand and Supply of Education
Lecture 3 The concept of demand in education
Lecture 4 Factors influencing the demand for education
Lecture 5 Factors influencing the supply of education
Section 3: Costs in Education
Lecture 6 Overview of cost structures in education
Lecture 7 Behavior of costs in educational investments
Lecture 8 Funding models and sources of finance in education
Section 4: Education as Consumption and Investment
Lecture 9 Understanding education as a consumption & investment
Lecture 10 Unemployment: Types, Causes, Consequences, and Strategies for Reduction
Section 5: Challenges in Education Planning
Lecture 11 Education Planning: Justifications, Functions, and Features of a Good Education
Lecture 12 Significance of demographic data in education planning
Lecture 13 Different approaches to planning education
Section 6: Access, Equity, and Efficiency in Education
Lecture 14 Definition and indicators of access in education
Lecture 15 Factors influencing access to education
Section 7: Conclusion and Future Trends
Lecture 16 Exploring equity and efficiency concerns in educational systems
Lecture 17 Economics of Education 2023 and Beyond: Opportunities for further Exploration
This course is a must have for education managers/planners in both public and private sector as well as non profits whose agenda is to educate as it is meant to ensure realization of education outcomes with scarce resources,Education administrators and policymakers interested in applying economic principles to educational planning and decision-making.,Students and researchers in the fields of education, economics, and related disciplines.,Professionals working in the education sector or those interested in pursuing a career in education.
Buy Premium Account From My Download Links & Get Fastest Speed.