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How would this increase the supply of teachers? Wouldn’t it do the opposite: increase demand? I’ve never taken an economics course so this is my naive assumpti
by bigyikes 6y ago
How would this increase the supply of teachers? Wouldn’t it do the opposite: increase demand?
I’ve never taken an economics course so this is my naive assumption.
- esyir 6y agoYou're sort of right, but not quite. It would increase demand in the short term, but this reduced class size is a response to disease. When the human malware situation ends, class sizes might go back up, and the increased supply from aforementioned increased demand might suppress wages. This of course assumes that this event lasts long enough for the number of teachers to scale to meet this.
- JPKab 6y agoMalcolm Gladwell has some very interesting analysis of class size: https://www.businessinsider.com/classroom-sizes-too-small-malcolm-gladwell-2015-6 https://www.businessinsider.com/classroom-sizes-too-small-ma... He noted that with education budgets, smaller class sizes are chosen instead of paying teachers more, and that the data doesn't show the improvements you would expect.