" Topics include productivity effects of health, private and social returns to education, education quality, education policy and market equilibrium, gender discrimination, public finance, decision making within families, firms and contracts, technology, labor and migration, land, and the markets for credit and savings."
This class discusses the economic aspects of current issues in education, using both economic theory and econometric and institutional readings. Topics include discussion of basic human capital theory, the growing impact of education on earnings and earnings inequality, statistical issues in determining the true rate of return to education, the labor market for teachers, implications of the impact of computers on the demand for worker skills, the effectiveness of mid-career training for adult workers, the roles of school choice, charter schools, state standards and educational technology in improving K-12 education, and the issue of college financial aid.
Since the passage of the first Charter School Law in Minnesota in 2001, there have been many studies that have examined the effect of Charter schools on student achievement with very mixed results. The Missouri legislature passed legislation in 1998 permitting the establishment of charter schools in a metropolitan school district or in an urban school district containing a city with a population greater than 350,000 inhabitants. In effect this limited the charters to St. Louis and Kansas City. This article provides a comparison of the student achievement of seventh and eighth grade students in communication arts and mathematics in Missouri charter schools with the achievement of seventh and eighth grade students in regular public schools in St. Louis and Kansas City, as measured by the statewide assessment.
" This course is an advanced topics course on market and mechanism design. We will study existing or new market institutions, understand their properties, and think about whether they can be re-engineered or improved. Topics discussed include mechanism design, auction theory, one-sided matching in house allocation, two-sided matching, stochastic matching mechanisms, student assignment, and school choice."
Christy George reports that the city of Lowell has chosen a central enrollment plan to accomplish school desegregation in its public schools. George notes that central enrollment plans are implemented through magnet schools; she adds that students choose schools according to the programs they offer instead of by location. George interviews Robert Kennedy (Mayor of Lowell). Kennedy says that the Lowell School Committee opted for a central enrollment plan in order to avoid court-ordered desegregation of the schools. George reports that the city of Cambridge uses a central enrollment plan and has become a national model for school desegregation. George interviews Peter Colleary (Director of Student Assignments, Cambridge Public Schools) about central enrollment in Cambridge Public Schools. George's report includes footage of a meeting between Colleary and school officials from Rochester, NY. The officials from Rochester ask questions about central enrollment in Cambridge. George notes that opponents to school desegregation in Lowell believe that central enrollment is a form of mandatory desegregation. George interviews George Kouloheras (Lowell School Committee) about his opposition to the central enrollment plan. George notes that Cambridge had a successful school system even before the adoption of the central enrollment plan. She adds that the Cambridge model may not work in every city. George's report includes footage of buses in front of schools in Lowell, footage of a girls' soccer game in Cambridge and footage of buses arriving at South Boston High School in 1976. This edition of the Ten O'Clock News also included the following item: Marcus Jones reports on tension over school desegregation in Lowell. Controversy over busing in Lowell
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