UNSW Handbook Course - Economics of Human Capital

Economics of Human Capital - ECON3125


	Faculty: Australian School of Business
	School: School of Economics
	Course Outline: ECON3125 Course Outline
	Campus: Kensington Campus
	Career: Undergraduate
	Units of Credit: 6
	EFTSL: 0.12500 (more info)
	Indicative Contact Hours per Week: 3
	Enrolment Requirements:
	Prerequisite: ECON2101, ECON1202 and ECON2206 Corequisite: ECON3208
	CSS Contribution Charge:Band 3 (more info)
	Tuition Fee:See Tuition Fee Schedule
	Further Information: See Class Timetable

Description

This course examines the economic relevance of human capital. Drawing on writings from multiple Nobel laureates in economics, we begin by defining and categorizing different types of human capital, and then consider the economic importance of human capital both to the individual and to society. We discuss human capital production and investment decisions, and explore the connections between human capital and the labor market. The course is framed around a set of readings from the economics literature drawn from different times and various subfields of economics, illustrating the pervasive and important role of human capital in any economy.

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