CoURSE in EconomiCS of EDUCATION academic year 2008-2009

Facoltà di Scienze Politiche - Università degli Studi di Milano

proff.Daniele CHECCHI e Massimiliano BRATTI

office hours: 

Daniele Checchi – Monday 14.30-16.30 – room 3, 2° floor, Dipartimento di Scienze Economiche

email daniele.checchi@unimi.it tel.02-5032-1519 fax 02-5032-1505 web page http: checchi.economia.unimi.it

Massimiliano Bratti – Tuesday 17.00-19.30 - 2° floor, Dipartimento di Scienze Economiche

email massimiliano.bratti@unimi.it  tel.02-5032-1545 fax 02-5032-1505

 

mod

hrs

date

time

room

arguments

1

2

Monday 12/1/09

14.30-16.30

25

Bratti

1

4

Tuesday 13/1/09

14.30-16.30

25

Checchi

1

6

Monday 19/1/09

14.30-16.30

25

Bratti

1

8

Tuesday 20/1/09

14.30-16.30

25

Bratti

1

10

Monday 26/1/09

14.30-16.30

25

Checchi

1

12

Tuesday 27/1/09

14.30-16.30

25

Checchi

2

14

Monday 2/2/09

14.30-16.30

25

Bratti

2

16

Tuesday 3/2/09

14.30-16.30

25

Bratti

1

18

Monday 9/2/09

14.30-16.30

25

Checchi

1

20

Tuesday 10/2/09

14.30-16.30

25

Bratti

1

22

Monday 16/2/09

14.30-16.30

25

Checchi

1

24

Tuesday 17/2/09

14.30-16.30

25

Checchi

2

26

Monday 23/2/09

14.30-16.30

25

Bratti

2

28

Tuesday 24/2/09

14.30-16.30

25

Bratti

2

30

Tuesday 3/3/09

14.30-16.30

25

Checchi

2

32

Monday 9/3/09

14.30-16.30

25

Bratti

2

34

Tuesday 10/3/09

14.30-16.30

25

Checchi

2

36

wednesday 11/3/09

14.30-16.30

25

Checchi

2

38

Tuesday 17/3/09

14.30-16.30

25

Bratti

2

40

wednesday 18/3/09

14.30-16.30

25

Checchi

PROVISIONAL DATES for tests (students should check with the official website)

 

 

tuesday 13/1/2009

16.30-18.30

check

written exam

 

 

tuesday 24/3/2009

16.30-18.30

check

written exam

 

 

tuesday 5/5/2009

16.30-18.30

check

written exam

 

 

tuesday 23/6/2009

16.30-18.30

check

written exam

 

 

friday 10/7/2009

16.30-18.30

check

written exam

 

 

tuesday 15/9/2009

16.30-18.30

check

written exam

 

 

tuesday 12/1/2010

16.30-18.30

check

written exam

 

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Previous tests

* exam (24/03/09)

* exam (10/07/09)

* exam (15/09/09)

Exam results

 

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Reading list for Economics of Education, Module I, 2008-2009 (Checchi)

 

The aim of the course is to investigate the determinants of educational choices. On the demand side the course explores the basic models of human capital accumulation and signalling, both under the hypotheses of perfect and imperfect financial markets. On the supply side alternative models of education financing (like private-public, integration-segregation) are discussed, investigating their implications in terms of intergenerational persistence. Additional readings are proposed in the second part of the course, in order to render each students capable of understanding the frontier of economic research.

 

empirical evidence on educational choices (OECD 2008) – slides

human capital investment (Checchi chpt.2)

signalling e screening (Checchi chpt.2)

liquidity constraints (Checchi chpt.2)

public or private (Checchi chpt.5)

 

References:

OECD, Education at a glance, Paris 2008

D.Checchi. The economics of education. Human capital, family background and inequality. Cambridge University Press 2005 (Chapter 2 and chapter 5)

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Reading list for Economics of Education, Module II, 2008-2009 (Bratti)

 

During the course we will go through some recent education economics literature, mainly empirical, concerning the returns to education, both pecuniary (incomes) and non-pecuniary (health, crime), both private and social. Some lectures will be devoted to an international survey of students’ performance (OECD, PISA) that has attracted considerable attention by the media, given the extremely poor performance of Italian students. In order to understand this literature, it is necessary a basic knowledge of statistical methods (e.g., mean, standard deviation, multivariate regression analysis). For this reason students are strongly advised to review these concepts before starting the course.

 

I. Statistical Methods for Education Economics (please ask Bratti the updated version) PDF

 

II. Private pecuniary returns to Education in Italy:

ü                   Ciccone, A., Cingano, F., Cipollone, P. (2006). The private and social return to schooling in Italy”, Temi di discussione Number 569, Bank of Italy. Published in Giornale degli Economisti,  vol. 63, p.p. 413-444

ü                   Naticchioni, P., Ricci, A., Rustichelli, E. (2007). "Far Away From A Skill-Biased Change:Falling Educational Wage Premia In Italy," Departmental Working Papers 260, Tor Vergata University, CEIS, forthcoming in Applied Economics.

 

III. Social and Non-pecuniary Returns to Education:

ü                    Ciccone, A., Cingano, F., Cipollone, P. (2006). The private and social return to schooling in Italy”, Temi di discussione Number 569, Bank of Italy.

ü                    Dalmazzo, A., de Blasio, G (2007). “Production and consumption externalities of human capital: an empirical study for Italy”, Journal of Population Economics, vol. 20, pp. 359–382  (please contact Bratti to obtain a copy)

ü                    Grossman, M. (2005). “Education and Nonmarket Outcomes, NBER Working Papers 11582, National Bureau of Economic Research, Inc.

ü                    Brunello G and Checchi D (2007) Does School Tracking Affect Equality of Opportunity? New International Evidence”, Economic Policy 2007, 52: 781-861

ü                    Buonanno, P., Leonida, L. (2005). “Non Market Effects of Education on Crime: Evidence from Italian Regions”, forthcoming in Economics of Education review.

 

IV. Performance of students and of educational systems:

ü                                                       OECD (2006). PISA 2006 Science Competencies for Tomorrow's World, Vol. 1 chapters 1, 4, 5. Paris: OECD.

ü                                                       Bratti, M., Checchi, D., Filippin, A. (2007). Geographical Differences in Italian Students' Mathematical Competencies: Evidence from Pisa 2003, Giornale degli Economisti, vol. 66, pp. 299-333  (please contact Bratti to obtain a copy)

 

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A student is expected to possess the basic notions of utility maximisation and rational choice, as obtained by any course of microeconomics or labour economics.

 

The exam consistes of a written examination, where students are required to answer open questions.

 

Students are strongly encouraged to attend classes on the use of statistical packages for the analysis of empirical data. A crush course of 10 lectures on the use of GRETEL will be offered in association to the ocurse of labour economics 1 (first term).