This course is an elective course in the Ph.D. program in the Faculty of Education, focusing on issues in education and human capital. We begin in this course with a general overview of human capital and education. We next turn to the theory and research that views education as an
investment in the future productivity of individuals and economies and that assesses the value of and returns to education. We also explore the economics of education in early childhood, basic and secondary education and higher education, with special attention to topics of current policy interest and debate. We then turn to research on education markets, school quality and choice and consider the influence of peers and the educational environment as well. Finally, we turn to the production of education, considering the different inputs into education, and examine the role of education in economic growth.