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Educational Organization and Leadership

EOL 418. Economics of Education, Health, and Human Capital

Same as ECON 418. Basic economic analysis of human capital and the value of human time, with applications to the economics of education and health; theory and analysis of consumer investment in human and physical capital over the life cycle; the returns to education and health, and their effects on growth; the theory of nonmarket time; public finance of education and health; and implications for the analysis of the distribution of income.

Prerequisite: A course in microeconomic theory and a course in statistics, or consent of instructor.
1 unit.