Education and manpower
Dr Leo Maglen
6 points * Three hours per week * First, second semester * Clayton * Prerequisites: ECO1020 and ECO1030
Objectives On completion of this subject students should understand the economic role of education and training; the relations between education and economic growth, education and income equality, and education and employment of youth; the demand for education places; whether the education system serves to reproduce social divisions; be able to examine the policies which governments pursue in providing and financing education and training.
Synopsis A variety of theoretical approaches will be taken in the discussion of the above issues: the neo-classical (human capital) approach, the Leontief fixed-coefficient (manpower planning) approach, the institutional (internal labour market/screening hypothesis) approach, and the `radical' (socialisation/legitimisation) approach.
Assessment Written (essay and/or assignments): 30% * Examination (2 hours): 70%