This introductory chapter explains the rationale for conducting an economic analysis of school choice. Economists produce tools for evaluating various impacts of school choice. Without these tools, such as general equilibrium tools, is it not possible to predict the effects of school choice on student sorting. It is also argued that school choice and school finance are interdependent, and that school choice affects the labor market for educators. The chapter furthermore examines the impact of school choice on special education, school productivity, and academic achievement.
Keywords: school choice, economic analysis, general equilibrium tools, student sorting, school finance, special education, school productivity, academic achievement