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Economic education as public policy: the determinants of state-level mandates

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  • Grimes, Paul W.
  • Millea, Meghan J.

Abstract

This 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.

Suggested Citation

  • Grimes, Paul W. & Millea, Meghan J., 2003. "Economic education as public policy: the determinants of state-level mandates," MPRA Paper 39884, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:39884
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    File URL: https://mpra.ub.uni-muenchen.de/39884/1/MPRA_paper_39884.pdf
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    References listed on IDEAS

    as
    1. Paul Grimes & Deborah Lee, 2000. "Economic education and economic growth," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 28(4), pages 490-490, December.
    2. 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.
    3. MacDowell, Michael A, 1986. "Increasing the Public's Understanding of Economics: What Can We Expect from the Schools?," American Economic Review, American Economic Association, vol. 76(2), pages 145-148, May.
    4. 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.
    5. Gene M. Grossman (ed.), 1996. "Economic Growth," Books, Edward Elgar Publishing, volume 0, number 553.
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    Cited by:

    1. 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.
    2. Paul W. Grimes, 2011. "Economic Education in American Elementary and Secondary Schools," Chapters, in: Gail M. Hoyt & KimMarie McGoldrick (ed.), International Handbook on Teaching and Learning Economics, chapter 25, Edward Elgar Publishing.

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    More about this item

    Keywords

    Mandates; Economic education; Public policy; Probit;
    All these keywords.

    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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