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The Cost of Economic Literacy: How Well Does a Literacy-Targeted Principles of Economics Course Prepare Students for Intermediate Theory Courses?

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  • Donna B. Gilleskie
  • Michael K. Salemi

Abstract

In a typical economics principles course, students encounter a large number of concepts. In a literacy-targeted course, students study a “short list” of concepts that they can use for the rest of their lives. While a literacy-targeted principles course provides better education for nonmajors, it may place economic majors at a disadvantage in postprinciples courses. In this article, the authors test whether students who completed a literacy-targeted principles course earned intermediate theory grades as high as those of students who completed a traditional principles course. The authors’ findings indicate that students who complete a literacy-targeted principles course perform no worse in intermediate theory courses than students who complete a traditional principles course.

Suggested Citation

  • Donna B. Gilleskie & Michael K. Salemi, 2012. "The Cost of Economic Literacy: How Well Does a Literacy-Targeted Principles of Economics Course Prepare Students for Intermediate Theory Courses?," The Journal of Economic Education, Taylor & Francis Journals, vol. 43(2), pages 111-132, April.
    • Handle: RePEc:taf:jeduce:v:43:y:2012:i:2:p:111-132
    DOI: 10.1080/00220485.2012.659639
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    Cited by:

    1. Rita A. Balaban & Donna B. Gilleskie & Uyen Tran, 2016. "A quantitative evaluation of the flipped classroom in a large lecture principles of economics course," The Journal of Economic Education, Taylor & Francis Journals, vol. 47(4), pages 269-287, October.

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