ERIC Number: ED256014
Record Type: Non-Journal
Publication Date: 1981-Mar
Reference Count: N/A
The Economics of Public School Finance.
Gurwitz, Aaron Samuel
To facilitate communication between economists and other professionals involved in school finance analysis and policy-making, this study proposes a common vocabulary, describes a set of basic concepts, and explains the application of the more useful tools of economic analysis to school finance problems. The first of the report's two parts presents the basic theory of economics: the general model of production and exchange. It then isolates the aspects of this theory that are most relevant to the analysis of school finance. Individual chapters cover the theories of educational expenditures, taxation, and school district governance. This first section provides a conceptual context in which to place the second section's more specific economic analysis of school finance reform. Chapters in the second part cover the objectives of, the constraints on, and the responses of social institutions to reform. The economic literature on relevant topics is introduced. The report concludes with three appendixes on cost-of-education indexes, the special problems of cities, and the measurement of expenditure equality. A four page bibliography is included. (PGD)
Publication Type: Opinion Papers; Information Analyses
Education Level: N/A
Sponsor: National Inst. of Education (ED), Washington, DC.
Authoring Institution: Rand Corp., Santa Monica, CA.