Economics of education

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Summary

Find out how the total education budget for England is divided between competing priorities and distributed to individual schools. Economist and broadcaster Liam Halligan bakes a giant cake to repr...

Find out how the total education budget for England is divided between competing priorities and distributed to individual schools. Economist and broadcaster Liam Halligan bakes a giant cake to represent the £72 billion 2005/06 Education Budget, and then starts slicing to demonstrate how the money is shared out. Eventually, he's reduced to putting crumbs on plates to indicate the few thousand pounds that are left for school departments. The programme also asks whether a good education is dependent on a big budget with the help of experts and politicians, and explores how one inner city secondary school managed to double its GCSE pass rate without any extra government cash.

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