Understand how microeconomic theories and models can be used to examine a wide variety of issues in K-12 and higher education in the United States and other countries

Understand economic theories, models, and logic; 

Understand systems of scientific branch and methods used by economists to make education policies

Apply these perspectives to particular issues in education, both problems of practice and policy issues

Understand the basic results in the economics of education

Critique standard economic analyses

Understand the ways in which economic logic is used and abused in ordinary life and language.