Economics of Education: Crash Course Economics Video Analysis with Key- This is a 10 page document that contains a video analysis assignment and a completed teachers key for easy marking. It contains 29 questions based on The Crash Course Economics video: Economics of Education.
This assignment will ask students to go to YouTube and watch the Crash Course video: Economics of Education. The video will first introduce students to what public education is and why it benefits a society. The topic of positive externalities is covered and students will learn how an educated population helps a country achieve a higher GDP, standard of living, and higher productivity. Public education costs for the federal and state governments are covered, as are several theories different economists have made when it comes to improving education. The video then moves on to college education and why it is more than an indicator of intelligence, it also serves as an indicator of wealth, privilege, and life advantages. The benefits of a college education are identified, it provides you with human capital as well as the ability to signal your intelligence. Rising student debt loads, the rise in college tuition over the last two decades, and college drop out rates are all examined. The video also discusses how the trades and apprenticeship programs are another beneficial from of education, especially since the baby boomers are about to retire and open up a large amount of jobs.
This video analysis can be easily used as an introduction to the topic, a study guide, or a quick and easy sub plan. Students love the independence of this assignment by getting to use laptops, Chromebooks, or even their own cellphones to watch the video. Crash Course videos tend to move fast so students often find success if they watch the video through once before going back to pause/play to find the answers to all of the questions.