NATIONAL OPEN UNIVERSITY OF NIGERIA EDA 832 ECONOMICS OF EDUCATION
14-16 AHMADU BELLO WAY, VICTORIA ISLAND LAGOS SCHOOL OF EDUCATION
OCTOBER 2013 EXAMINATION
COURSE CODE: EDA 832 (2CU)
COURSE TITLE: ECONOMICS OF EDUCATION
ANSWER QUESTION ONE AND ANY TWO QUESTIONS TIME: 2 HOURS
- 2. a)i Explain the meaning of economics of education.
Ii What is the coverage of Economics of Education according to Blaug?
- b) What is the rationale for the study of economics of education? 24 marks
- a) What are the factors responsible for the delay in introducing Economics of Education as a field of study?
b)As the Dean, School of Education what are the reasons you will advance before the
Senate of your University to approve listing of Economics of Education as a course?
- a) Briefly explain how education contributes to the development of a nation.
- b) Itemise and explain findings of Psacharapoulos in Eresimadu (1996) on their studies on investment in education. 22 marks