Economic education as public policy: the determinants of state-level mandates
AbstractThis paper presents an empirical examination of the factors that influence a state's decision to mandate the teaching of economics within the K-12 curriculum. 38 states currently require some form of economics instruction within their approved curriculum. A binary choice probit model was estimated to determine the relationship between a variety of socioeconomic, political and policy environment variables in the decision to implement and maintain an economic education mandate. The results indicate that the number of university-based centers for economic education and the number of parents belonging to state parent-teacher associations positively affect the mandate choice. The incidence of poverty was found to be negatively associated with a state's requirement to include economics within the curriculum. These and other results highlight the need for additional research into the aggregate effects of required investments in economic human capital.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 39884.
Date of creation: 2003
Date of revision:
Mandates; Economic education; Public policy; Probit;
Find related papers by JEL classification:
- A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
- A21 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Pre-college
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- Mixon, Franklin G, Jr & Gibson, M Troy, 2001. " The Retention of State Level Concealed Handgun Laws: Empirical Evidence from Interest Group and Legislative Models," Public Choice, Springer, vol. 107(1-2), pages 1-20, April.
- William B. Walstad, 2001. "Economic Education in U.S. High Schools," Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 195-210, Summer.
- Paul Grimes & Deborah Lee, 2000. "Economic education and economic growth," Atlantic Economic Journal, International Atlantic Economic Society, vol. 28(4), pages 490-490, December.
- Franklin Mixon & M. Gibson, 2001. "The Retention of State Level Concealed Handgun Laws: Empirical Evidence from Interest Group and Legislative Models," Public Choice, Springer, vol. 107(1), pages 1-20, April.
- Grimes, Paul W. & Millea, Meghan J. & Thomas, M. Kathleen, 2008. "District level mandates and high school students' understanding of economics," MPRA Paper 39883, University Library of Munich, Germany.
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