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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...

This comprehensive volume provides a 3-part conceptual model in which the achievement of equity for all - regardless of race, gender, or ethnicity - is central to urban education. Many factors complicate the education of urban students.