Research on High School Economics in the United States: Further Considerations

Renewed emphasis on increasing student academic achievement highlights the importance of improving educational quality despite limited educational budgets. This paper illustrates that investing in teachers' human capital has significant returns in the classroom. Using test and survey data on the educational background of teachers, we show that teacher knowledge and training have a significant impact on student performance and classroom productivity. Specifically, formal college-level instruction, learning by doing, and explicit measures of economic understanding all play important roles. Additionally, the data show that general in-service training is an imperfect substitute for formal education in economics. These results can be used to guide educational research, instructional programming, and school reform at the state and local levels.

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Human Capital in The Classroom: The Role of Teacher Knowledge in Economic Literacy

Butters

Asarta

Fischer

2011

The American Economist

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Integrating Economics In The K-12 Curriculum

Georgiou

2011

IBER

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This is a multi-year study of the effects of integrating economics into the curriculum on the Maryland School Performance Assessment Program (MSPAP) economics outcome scores. The study was carried out using State summary and disaggregated data and summary data for each school system in the State of Maryland. The 1992, 1994, 1995, 1997 and 2000 MSPAP economics outcome scores for grades 3, 5, and 8, constitute the dependent variable for the study with the level of integration of economics in the curriculum and class size, being the main explanatory variables. Using comparative static analysis and regression analysis three questions were addressed. The first question asks how school systems with different levels of integration of economics in the curriculum compare to the State average. The second question asks how these groupings compare to each other. The third question employs regression analysis to determine the effect of economics instruction and class size on the economics test scores. Other explanatory variables considered include: wealth per capita, income per capita, expenditures per pupil, student enrollments, and the level of performance on the overall battery of MSPAP tests.

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Research on High School Economics in the United States: Further Considerations

Cited by 2 publications

References 52 publications

Human Capital in The Classroom: The Role of Teacher Knowledge in Economic Literacy

Human Capital in The Classroom: The Role of Teacher Knowledge in Economic Literacy

Integrating Economics In The K-12 Curriculum

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