All over the world are involved in providing education

Assignment Help Microeconomics
Reference no: EM13716715

Government's Role in K-12 Education

It is common knowledge that governments all over the world are involved in providing education for their citizens. To gauge the effectiveness of public education, federal government, states, and independent agencies measure achievement regularly. According to National Public Radio's (NPR) Bill Chappell, The Program for International Student Assessment, or PISA, collects test results from 65 countries for its rankings, which come out every three (3) years. The latest results, from 2012, show that U.S. students ranked below average in math among the world's most-developed countries. They were close to average in science and reading." (Note: You may read the complete article at https://www.npr.org/blogs/thetwo-way/2013/12/03/248329823/u-s-high-school-students-slide-in-math-reading-science.)

Many economists believe tax and spending decisions are best made at the lowest level possible (i.e., the Subsidiarity Principle). This means K-12 taxing decisions are best made where the money is spent. Go to the Organisation of Economic Co-operation and Development's (OECD) Website, and examine the PISA 2012 results, located at https://www.oecd.org/pisa/keyfindings/pisa-2012-results.htm.

Write a six to eight (6-8) page paper in which you:
Evaluate the appropriate government role in K-12 education using the test of market failure. Specifically, determine whether private markets could work within a K-12 context, or if government is support necessary. Conclude whether or not the private sector can provide education as well as the public sector. Note: Since market failure may differ depending on the educational level, ensure to distinguish between primary and secondary education.
Examine the wealth re-distribution that now occurs under public K-12 education. Determine whether or not such redistribution should be expanded. If you recommend redistribution expansion, suggest the most appropriate funding method. If you do not recommend such expansion, provide a rationale for your response.
If voters and politicians decide to improve education overall, examine the fundamental manner in which such improvements could impinge upon state and local budgets. Suggest the manner in which the government could expand the tax base in order to service the burden of improving education. Provide a rationale for your response.
Recommend two (2) strategies that either state or federal government may use in order to address declining educational quality overall. Determine the most appropriate funding method for each recommended strategies. Provide two (2) examples of the successful use of the recommended strategies to support your response.
Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other similar Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:
Examine the unique nature, functions, and role of public financial management.
Assess the impact of budget deficits / surpluses and national debt on public finance, and strategies for managing these issues.
Analyze the economic impact of the tax system in the U.S.
Apply the major concepts used in public finance to evaluate finance issues, isolate the core factors, and develop alternatives to address the issues.
Use technology and information resources to research issues in public finance.
Write clearly and concisely about public finance using proper writing mechanics

Reference no: EM13716715

Questions Cloud

The thickness of the gaas layer : GaAs (n = 3.6) for light of wavelength λ = 1.3 μm that will operate only in the fundamental mode. Assuming the cover layer is air and the substrate has a refractive index ns = 3.5, what range of the GaAs layer thickness can be? (b) If we want t..
The household first starts up at x=10 : Like in the notes assume the household first starts up at x=10 where the rent is $0.30 per square foot. The household choses an apartment with 1,000 square feet. However and in contrast to the notes, the preference (=utility curves) are now not..
Small businesses found in the service-producing sector : Why are most small businesses found in the service-producing sector? Identify five small service-producing businesses that you patronize frequently. What kinds of small businesses are found in the goods-producing sector? What small goods-produc..
An effort to move the economy out of a recession : In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies. Respond to the following points in your paper on the actions the government would take to address expansionary fiscal a..
All over the world are involved in providing education : It is common knowledge that governments all over the world are involved in providing education for their citizens. To gauge the effectiveness of public education, federal government, states, and independent agencies measure achievement regularl..
How does each influence the state government : Post a 4-5 pg paper. Identify and provide a description of one interest group and its connection or relationship to each of the two principal political parties. How does each influence the state government ?
Which economic theory seems more accurate : Which economic theory seems more accurate to you? Classical or Keynesian theory? In your explanation, describe the key assumptions of the theory you choose and explain why you think those assumptions are reasonable to make. In your answer, incl..
Training and development in small businesses : Select a small business with which you are familiar. Imagine that you have been called into that business to provide a consultation on training. Create a comprehensive training proposal for the business.
Justified and supported with substantial research : Section 1: Application (40 Points) Please answer the following question by integrating research, examples and opinion. Your answer should be no less than 300 words in length. The assignment is worth 40 points. It is important that your answer i..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd