Investigates the market models available to
central government and how intervention in these
markets affects the level of choice parents have in
deciding how their children are educated. Reviews
the interventions by central government in the
past few decades and the effect of devolved
regional government on the school market. Finds
that the greater amount of choice and competition
that has formed part of the rhetoric of
governments in the UK in the past few decades
can only be achieved if all parents have perfect
information. Concludes that if genuine choice is to
be realised then central government will have to
limit the number of non-homogeneous schools in
the market and increase the amount of
information available to parents through devolving
responsibility for providing education to
democratically accountable regional assemblies.

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Cite as: Bishop, J. (2003). The microeconomics of education and the effect of government intervention. Poliphony 151 (2003), 13-17.