Economics can be a lens for understanding the behavior of schools, districts, states, and nations in meeting education needs of their populaces, as well as for understanding the individual decisions made by administrators, teachers, and students. Insights from economics help decision makers at the state level understand how to raise and distribute funds for public schools in an equitable manner for both schools and taxpayers. Economics also can assist researchers in analyzing effects of school spending and teacher compensation on student outcomes. And economics can provide important insights into public debates on issues such as whether to offer vouchers for subsidizing student attendance at private schools. This two-volume encyclopedia contains over 300 entries by experts in the field that cover these issues and more.

Features:


This work of 2 volumes (in both print and electronic formats) contains 300-350 signed entries by significant figures in the field.
Entries conclude with cross-references and suggestions for further readings to guide students to in-depth resources.
Although organized in A-to-Z fashion, a thematic "Reader's Guide" in the front matter groups related entries by topic.
Also in the front matter, a chronology provides students with historical perspective on the development of education economics and finance as a field of study
The entire work concludes with a Resources appendix and a comprehensive Index.
In the electronic version, the index, Reader's Guide, and cross references combine to provide effective search-and-browse capabilities.

Key Themes:




Accountability and Education Policy
Budgeting and Accounting in Education Finance
Education Markets, Choice, and Incentives
Equity and Adequacy in School Finance
Financing of Higher Education
Key Concepts in the Economics of Education
Private and Social Returns to Human Capital Investments
Production and Costs of Schooling
Revenue and Aid for Schools
Statistical Methods in the Economics of Education
Teachers and Teacher Labor Markets