GED2803

Finance and economics of education and training

Not offered in 1998

Associate Professor G Burke

12 points
* 3 hours per week
* Clayton

Objectives Upon successful completion of this subject, students should know the main features of the structure, finance and costs of the main sectors of education and training in Australia; have developed skills in the collection of data from a range of sources; have gained experience in economic analysis of educational policy issues.

Synopsis This subject focuses on the interaction between education, training and the economy. The subject outlines the major approaches, interprets key issues in the economics and financing of education and training, and assists students to develop their research skills. Topics considered will include funding, efficiency and quality in education and training, equity in educational resource distribution; teachers and the economy; education and the needs of the economy; education and unemployment; education and income.

Assessment Participation: 10%
* Report (2000 words): 30%
* Seminar presentation (4000 words): 60%

Recommended texts

Ferrier F and Selby Smith C The economics of education and training 1995 AGPS, 1995
Levin H Cost effectiveness: A primer Sage, 1983
Selby Smith C and Ferrier F (eds) The economic impact of vocational education and training AGPS, 1996