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The mayor of College Park is considering implementing universal pre-K specifically to help minimize the racial achievement gap at an early age. The mayor wants to know the best way to target the spending given limited funding. The mayor's staff proposes a 5-year pilot program where results will be evaluated at the end to determine whether College Park will continue to provide this program.
You have been brought on as an economic policy consultant to evaluate the proposal and provide suggestions on improvements based on economic research findings. Your research assistant provided you with a list of the most relevant research articles and you must use some (or all) of these papers to argue your policy position. The mayor has a limited amount of time to read this proposal, so your memo need to be short. It must not exceed 2 pages.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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