course-details-portlet

SØK3521

Economics of Education

This course is no longer taught and is only available for examination.

Credits 15
Level Second degree level
Language of instruction English and norwegian
Location Trondheim
Examination arrangement School exam

About

About the course

Course content

The course includes the role and significance of human capital for the individuals and for the economy. It will be discussed how globalization and technological progress affect the demand for human capital. The main part of the course will include theories for individual educational choice, educational production, and the role of the design of the educational system. How should the educational system be designed to secure an adequate supply of highly competent labour?

Learning outcome

Knowledge

You learn

  • about supply of and demand for human capital
  • about the importance of human capital for earnings and economic growth
  • about the effects of educational policies on school quality and hence, the amount of human capital in the society
  • about characteristics of effective schools and high quality leadership

Skills

You should be able to

  • criticize and evaluate the findings in relevant journal articles and reports
  • explain and evaluate different types of governing systems in education
  • discuss how governing systems influence the behavior of actors within the educational sector

General competence

You should be able to

  • read and understand reports and research articles dealing with issues discussed in the course
  • use the content of the course in your own academic work like your master thesis

Learning methods and activities

4 hours of lectures every week. The course has compulsory activity. Specific requirements will be announced at the beginning of the term. The term papers can be written as a joint project. The course is an optional master's course, and is not taught every semester. Check www.ntnu.edu/econ.

Students enrolled in ISØ's master programs can take the course any semester. Contact the department (kontakt@econ.ntnu.no) to get access to learning resources in Blackboard.

Compulsory assignments

  • Obligatory course work

Specific conditions

Admission to a programme of study is required:
Economics (MSØK)
Economics (MSØK/5)
Financial Economics (MFINØK)

Required previous knowledge

None.

Course materials

Announced at the beginning of the term.

Credit reductions

Course code Reduction From
SØK3511 15 sp Autumn 2007
SØK8621 10 sp Autumn 2010
SØK3532 7.5 sp Autumn 2025
This course has academic overlap with the courses in the table above. If you take overlapping courses, you will receive a credit reduction in the course where you have the lowest grade. If the grades are the same, the reduction will be applied to the course completed most recently.

Subject areas

  • Economics
  • Social Sciences

Contact information

Course coordinator

Department with academic responsibility

Department of Economics

Examination

Examination

Examination arrangement: School exam
Grade: Letter grades

Ordinary examination - Autumn 2025

School exam
Weighting 100/100 Examination aids Code C Date 2025-11-20 Time 09:00 Duration 5 hours Exam system Inspera Assessment
Place and room for school exam

The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.

Sluppenvegen 14
Room SL110 hvit sone
1 candidate

Ordinary examination - Spring 2026

School exam
Weighting 100/100 Examination aids Code C Duration 5 hours Exam system Inspera Assessment Place and room Not specified yet.