ECONOMICS OF EDUCATION - 2022/3

Module code: ECO3059

Module Overview

The module covers topics within the economics of education. It will cover topical areas within economics of education with a strong empirical foundation and relevance for public policy. The topics will include the following: the extent of inequality in educational outcomes and why this matters; evidence on the economic and social benefits of education; drivers of educational outcomes in the family, among peers and within educational institutions. We will look at how different types of education and training are rewarded in the labour market and public policy implications.

Module provider

Economics

Module Leader

MCNALLY Sandra (Economics)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 6

JACs code:

Module cap (Maximum number of students): N/A

Overall student workload

Workshop Hours: 11

Independent Learning Hours: 106

Guided Learning: 11

Captured Content: 22

Module Availability

Semester 2

Prerequisites / Co-requisites

None

Module content

Indicative content includes:

-Inequality in Education

-Economic and social benefits of education

-Role of families and peers

-School autonomy, choice and accountability

-Investing in education to what extent do resources matter?

-People and practices: teachers, pedagogy and leadership

-Technology in education: a help or a hindrance?

-Vocational education, apprenticeships and training

-Economic issues in higher education

Assessment pattern

Assessment type Unit of assessment Weighting
School-timetabled exam/test MIDTERM TEST 30
Examination FINAL EXAMINATION 70

Alternative Assessment

n/a

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate: Their understanding of important topics within economics of education and their relevance to policy; the ability to explain and critically evaluate empirical evidence on these topics. Thus, the summative assessment for this module consists of:

Students are assessed by coursework and final examination.
-The coursework will include a written assignment. Worth 30% of the final mark.
-A final examination will offer a choice of essay-type questions. Worth 70% of the final mark.

The coursework and examination will enable students to demonstrate their knowledge; their ability to critically evaluate empirical findings; their ability to apply their knowledge in a real-word context. Formative assessment and feedback Students will be given a worksheet to prepare in advance of seminars (usually requiring reading of assigned papers). At seminars we will go through these worksheets and discussions will be facilitated on the topics. Students will receive verbal feedback during these seminars. Students will receive written feedback on their coursework assessment before the end of term. They will also be given examples of the type of questions that may come up in the final exam throughout the Semester.

Module aims

  • Introduce students to important topics within economics of education and show them how to critically evaluate empirical evidence.
  • Help students understand how their knowledge may be applied in real world settings.

Learning outcomes

Attributes Developed
001 Explain, discuss, and apply important concepts within economics of education KCPT
002 Discuss and evaluate the drivers of educational outcomes KCPT
003 Critically evaluate the implications of education policies for efficiency and equity KCPT

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Methods of Teaching / Learning

The learning and teaching strategy is designed to:
-Enhance students ability to analyse independently topics within economics of education.
-Enhance students skills in evaluating education policies and effectively communicate these evaluations in verbal and written form.

The learning and teaching methods include:
-1 hour lecture per week x 11 weeks
-1 hour seminar per week x 11 weeks

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

https://readinglists.surrey.ac.uk
Upon accessing the reading list, please search for the module using the module code: ECO3059

Other information

None

Programmes this module appears in

Programme Semester Classification Qualifying conditions
Business Economics BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module
Economics and Finance BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module
Economics BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module
Politics and Economics BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2022/3 academic year.