Lec_9_111B - Lecture 9 Human Capital& Education II Lecture 9 Human Capital& Education II ECN 111B US Economic History since the ECN 111B US

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Unformatted text preview: Lecture 9: Human Capital & Education II Lecture 9: Human Capital & Education II ECN 111B: US Economic History since the ECN 111B: US Economic History since the Civil War Civil War Winter 2010 Winter 2010 Source: Claudia Goldin and Lawrence F. Katz Milken Institute Review vol. 3 (2nd Quarter 2001), pp. 12-21 Today’s Program Today’s Program Tertiary education—The US as a leader The supply and demand for education The economic return to education Women’s changing patterns of education in the 20 th century KEY Readings for Today’s KEY Readings for Today’s Lecture Lecture Recommended reading: 1. Goldin, Claudia (2001) “The Human Capital Century and American Leadership: Virtues of the Past” Journal of Economic History vol. 61 (2) pp.263-292. What is Human Capital (H)? What is Human Capital (H)? Capital is machinery and equipment used to help make workers more productive Another kind of capital is training and schooling and even medical care and public health investments – These all make workers more productive Percentage of 18-21 year olds Percentage of 18-21 year olds enrolled in university education, enrolled in university education, 1992 1992 Percentage of the population 25-65 which has Percentage of the population 25-65 which has completed a various levels of education completed a various levels of education A Model of Supply and...
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This note was uploaded on 03/11/2010 for the course ECN ECN111b taught by Professor Meissner during the Winter '10 term at UC Davis.

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Lec_9_111B - Lecture 9 Human Capital& Education II Lecture 9 Human Capital& Education II ECN 111B US Economic History since the ECN 111B US

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