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A Survey of Economic Understanding in U.S. High Schools

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Author Info

  • Roger B. Butters
  • Carlos J. Asarta

Abstract

The recent widespread adoption of online competitions in economic education provides a unique opportunity to make frequent assessments of economic literacy in U.S. classrooms. In this survey, student responses to test items from the Test of Economic Literacy (TEL) are used to create economic concept and content area achievement benchmarks. These benchmarks provide an interim renorming of the TEL and allow the authors to gauge the status of economic understanding among high school students. The data also allow the authors to compare learning outcomes between regular and advanced economics classes. Finally, the authors find that students in advanced economics classes significantly outperform students in regular classes.

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File URL: http://hdl.handle.net/10.1080/00220485.2011.555723
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal The Journal of Economic Education.

Volume (Year): 42 (2011)
Issue (Month): 2 (April)
Pages: 200-205

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Handle: RePEc:taf:jeduce:v:42:y:2011:i:2:p:200-205

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Cited by:
  1. Carlos J. Asarta & Roger B. Butters & Eric Thompson, 2013. "The Gender Question in Economic Education: Is it the Teacher or the Test?," Working Papers 13-12, University of Delaware, Department of Economics.
  2. Robert G. Valletta & K. Jody Hoff & Jane S. Lopus, 2012. "Lost in translation? teacher training and outcomes in high school economics classes," Working Paper Series 2012-03, Federal Reserve Bank of San Francisco.
  3. Valletta, Robert G. & Hoff, K. Jody & Lopus, Jane S., 2012. "Lost in Translation? Teacher Training and Outcomes in High School Economics Classes," IZA Discussion Papers 6402, Institute for the Study of Labor (IZA).
  4. Butters, Roger & Asarta, Carlos & Thompson, Eric C., 2013. "The Production of Economic Knowledge in Urban and Rural Areas: The Role of Student, Teacher, and School Characteristics," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 45(01), February.

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