Assignment 1
- Prepare a brief paragraph on the impact of Sputnik and “A Nation at Risk’ on public education ( treat separately ).
- Expound on the statement that education is an investment in “Human Capital”
- What vehicle is used to transfer private sector profits to the public sector?
- Provide a brief definition of the following:
- Equity
- Equality
- Cost-benefit
- Cost-quality
- Define and explain the impact of “Marginal Dollar Principal” and “Point of Diminishing Returns” on the financing of public education.
- In what way is the U.S. a world leader in public education? In what way are we not?
- What are the elements of an economic good? In what way is education unique?
- What are a few of the non-economic benefits of public education?
Assignment 2
- School expenditures are constantly increasing. What past and current factors have driven costs up?
- What economic impact does the lack of education pose on the individual and society as a whole?
Assignment 3
- Provide a brief overview regarding equity in the financing of public education as it relates to:
- The varying needs of students
- At the school level (school comparison)
- For taxpayers
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