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

Paul Grimes and Meghan J. Millea

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Mandates; Economic education; Public policy; Probit (search for similar items in EconPapers)
JEL-codes: A2 A21 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (2)

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