Insegnamento mutuato da: B030721 - HEALTH AND EDUCATION ECONOMICS Laurea Magistrale in ECONOMICS AND DEVELOPMENT- ECONOMIA POLITICA E SVILUPPO ECONOMICO Curriculum DEVELOPMENT ECONOMICS
Lingua Insegnamento
INGLESE
Contenuto del corso
Economics of Education: investment in human capital, private and social return to education, education as a signalling and a screening device, gender differences in the access to education, education for growth and democratization.
Health Economics: demand for health; demand for health insurance with adverse selection and moral hazard; elements of economic epidemiology; peculiarities of the pharmaceutical industry.
References are provided for each topic under "course program". Slides and other material will be posted on the E-Moodle platform (http://e-l.unifi.it/ ask professor for the password).
Obiettivi Formativi
At the end of the course students are expected to know why both education and health are important determinants of human capital as an important key issue for individual well-being and economic development. Students are also expected to be able to adopt a critical approach to interpret economic phenomena referring to the educational and the health sector by using the theoretical tools provided by public economics.
Prerequisiti
Undergraduate course in microeconomics and familiarity with the standard mathematical techniques of economic theory.
Metodi Didattici
Lectures and seminars.
Altre Informazioni
Students have to register for the class on the E-Moodle platform (http://e-l.unifi.it/ ask professor for the password) and download the material that the teacher will be posting on it.
Modalità di verifica apprendimento
Written exam and a presentation or essay.
Programma del corso
Preliminary Notions
Pareto Efficiency, Welfare Theorems, Public Goods and Externalities
Stiglitz, J.E. (2000), Economics of the Public Sector, New York, Norton & Company [undergraduate textbook].
Hindriks, J., Myles, G.D. (2013), Intermediate Public Economics, MIT Press [advanced textbook].
Economics of Education
TOPIC 1
Why does economics deal with education?
Which are the reasons why a public intervention is needed?
- Checchi D. (2005), The economics of education. Human capital, family background and inequality. Cambridge University Press, ch. 2.
- Slides
TOPIC 2
Education as a human capital investment (Becker 1994).
- Checchi D. (2005), The economics of education. Human capital, family background and inequality. Cambridge University Press, ch. 2.
- Slides
TOPIC 3
Quantity and quality of education in LDC
- Glewwe P. (2002), Schools and Skills in Developing Countries: Education Policies and Socioeconomic Outcomes, Journal of Economic Literature, June, 436-82, https://www.aeaweb.org/atypon.php?return_to=/doi/pdfplus/10.1257%2F002205102320161258
- Heckman J.J., Stixrud J. and Urzua S. (2006). The Effects of Cognitive and Noncognitive Abilities on Labour Market Outcomes and Social Behaviour. Journal of Labour Economics, 24(3): 411-482.
- Hanushek, E.A., Woessmann, L. (2020), Education, knowledge capital, and economic growth, in Economics of Education, 2nd Edition, http://hanushek.stanford.edu/publications/education-knowledge-capital-and-economic-growth
- Slides
TOPIC 4
Education as a signaling device (Spence (1973) and Weiss (1995))
For some preliminary notions on Asymmetric Information: adverse selection, moral hazard, signaling and screening see Hindriks, J., Myles, G.D. (2013), Intermediate Public Economics, MIT Press, ch. 10.
- Checchi D. (2005), The economics of education. Human capital, family background and inequality. Cambridge University Press, ch. 6 pp. 12-15.
- Slides
TOPIC 5
Education as a screening device (Stiglitz (1975))
- Checchi D. (2005), The economics of education. Human capital, family background and inequality. Cambridge University Press, ch. 6, pp. 16-19.
- Slides
TOPIC 6
Private and Social return of Education and the gender discriminations for the access to school
- Checchi D. (2005), The economics of education. Human capital, family background and inequality. Cambridge University Press, ch. 6, pp. 24-29.
- Psacharopoulos, G., Patrinos, H.A. (2018), Returns to Investment in Education. A Decennial Review of the Global Literature, World Bank WP n. 8402, https://openknowledge.worldbank.org/bitstream/handle/10986/29672/WPS8402.pdf?sequence=1&isAllowed=y
- Schultz, T.P. (1988), Education Investments and Returns, in Chenery, H., Srinivasan, T.N. (eds.), Handbook of Development Economics, vol. I, ch. 13, pp. 577-620, Elsevier Science Publishers.
- Schultz, T.P. (2002), Why Governments should Invest more to Educate Girls, World Development, 30:2, 207-225, http://ac.els-cdn.com/S0305750X01001073/1-s2.0-S0305750X01001073-main.pdf?_tid=b7b249b6-5d1a-11e5-97af-00000aab0f6b&acdnat=1442480683_c55325bd2451377e5a6d4e922dad5167
- Slides
TOPIC 7
Education and growth
- Hanushek, E.A., Wößmann, L. (2008), The Role of Cognitive Skills in Economic Development, Journal of Economic Literature, 46:3, 607-668,
http://pubs.aeaweb.org/doi/pdfplus/10.1257/jel.46.3.607
- Acemoglu, D. (2007), Introduction to Modern Economic Growth, MIT, pp. 408-411.
- Krueger A. B., Lindahl M. (2001), Education for Growth: Why and For Whom?, Journal of Economic Literature, 1101-1136, http://pubs.aeaweb.org/doi/pdfplus/10.1257/jel.39.4.1101
- Slides
TOPIC 8
Education, growth and democracy
- Bourguignon, F., Verdier, T. (2000), Oligarchy, Democracy, Inequality and Growth, Journal of Development Economics, 62, 285-313, http://ac.els-cdn.com/S0304387800000869/1-s2.0-S0304387800000869-main.pdf?_tid=d5186a8e-5d1b-11e5-955f-00000aab0f01&acdnat=1442481162_69426c83d37b6a5dba9e5bd02d65d081
- Alesina, A., Giuliano, P., Reich, B (2021), Nation-Building And Education, The Economic Journal, 131, 2273–2303, https://academic.oup.com/ej/article-abstract/131/638/2273/6081090?redirectedFrom=fulltext
- Slides
Economics of Health
TOPIC 1
Why does economics deal with health?
Which are the reasons why a public intervention is needed?
- Hurley, J. (2000), An Overview of the Normative Economics of the Health Sector, in A.J. Culyer e J.P. Newhouse (eds), Handbook of Health Economics, Vol. 1, North Holland, p. 55-96.
- Williams, A., Cookson, R. (2000), Equity in Health, in A.J. Culyer e J.P. Newhouse (eds), Handbook of Health Economics, Vol. 1, North Holland, p. 1863-1889.
- Buchholz, W., Sandler, T. (2021), Global Public Goods: A Survey, Journal of Economic Literature, 59:2, 488-545
- Slides
TOPIC 2
The demand for health: health as a consumption good, a capital investment, and an input into production (Grossman (1972))
- Bhattacharya, J., Hyde, T., Tu, P. (2014), Health Economics, Palgrave MacMillan, Ch. 3.
- Slides
TOPIC 3
The demand for health insurance
- Bhattacharya, J., Hyde, T., Tu, P. (2014), Health Economics, Palgrave MacMillan, Ch. 7.
- Slides
TOPIC 4
Health insurance, adverse selection and moral hazard
- Bhattacharya, J., Hyde, T., Tu, P. (2014), Health Economics, Palgrave MacMillan, Ch. 9, 11.
- Hindriks, J., Myles, G.D. (2013), Intermediate Public Economics, MIT Press, Ch. 10.
- Slides
TOPIC 5
The economics of health externalities
- Bhattacharya, J., Hyde, T., Tu, P. (2014), Health Economics, Palgrave MacMillan, Ch. 20.
- Slides
TOPIC 6
Economic epidemiology
- Bhattacharya, J., Hyde, T., Tu, P. (2014), Health Economics, Palgrave MacMillan, Ch. 21.
- Slides
TOPIC 7
Pharmaceuticals and LDC
- Sloan, F.A., Hsieh, C.R. (2012), Health Economics, MIT Press, Ch. 9 on Pharmaceutical Manufacturers.
- Bhattacharya, J., Hyde, T., Tu, P. (2014), Health Economics, Palgrave MacMillan, Ch. 12.
- Kremer, M. (2002), Pharmaceuticals and the Developing World, Journal of Economic Perspectives, 16, 67-90, http://pubs.aeaweb.org/doi/pdfplus/10.1257/089533002320950984
- Goldberg, P.K. (2010), Intellectual Property Rights Protection in Developing Countries: The Case of Pharmaceuticals, Journal of the European Economic Association, 8(2-3), 326-353.
- Slides