ExamsSchool of Education

National Open University Exam Past Question – EDA 832 OCTOBER/NOVEMBER 2014 EXAMINATION

NATIONAL OPEN UNIVERSITY OF NIGERIA EDA 832 ECONOMICS OF EDUCATION

14-16 AHMADU BELLO WAY, VICTORIA ISLAND LAGOS SCHOOL OF EDUCATION

OCTOBER/NOVEMBER 2014 EXAMINATION

 

COURSE CODE: EDA 832 (2CU)

 

COURSE TITLE: ECONOMICS OF EDUCATION TIME: 2 HOURS

ANSWER QUESTION 1 AND OTHER 2 QUESTIONS

 

 

 

  1. a) What are the implications of the findings of Psacharoupolus on private and social rates of returns for educational planning in Nigeria?
  2. b) Discuss fully 5 factors influencing institutional costs in education.

 

  1. 2. a) Identify and discuss different approaches to educational planning in Nigeria. b). What is the rational for cost analysis in education?

 

  1. a) Education and economics are like Siamese twins. Discuss.

 

  1. b) What is the rationale for the study of economics of education?
  1. a) With an annotated diagram ONLY describe the different types of costs in education. b) Examine the various dimensions of efficiency in education.
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