IDEAS home Printed from https://ideas.repec.org/a/sae/amerec/v39y1995i1p71-83.html
   My bibliography  Save this article

Economic Education for At-Risk Students: An Evaluation of Choices & Changes

Author

Listed:
  • Paul W. Grimes

Abstract

This paper presents an evaluation of Choices & Changes , an economics education program designed to teach “at-risk†children in elementary and junior high school that they can control their future by making wise choices and investing in themselves. Using program-specific instruments and a national sample of approximately 1600 students, a controlled experiment was conducted to determine the effect of Choices & Changes on student learning and attitudes. The experimental data were analyzed using a simultaneous model estimated by 2SLS with correction for self-selection due to sample attrition between pre- and post-test observations. The results indicate that Choices & Changes had a positive effect on economic understanding for each grade level examined, ceteris paribus. Significant positive effects on attitudes were found in only one of the four student groups. These findings suggest that Choices & Changes is meeting its short-run objective of producing cognitive understanding of economic concepts and that the attitudes of at-risk students can be altered but may require additional intervention.

Suggested Citation

  • Paul W. Grimes, 1995. "Economic Education for At-Risk Students: An Evaluation of Choices & Changes," The American Economist, Sage Publications, vol. 39(1), pages 71-83, March.
  • Handle: RePEc:sae:amerec:v:39:y:1995:i:1:p:71-83
    DOI: 10.1177/056943459503900109
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/056943459503900109
    Download Restriction: no

    File URL: https://libkey.io/10.1177/056943459503900109?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Siegfried, John J & Fels, Rendigs, 1979. "Research on Teaching College Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 17(3), pages 923-969, September.
    2. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    3. Becker, William E & Walstad, William B, 1990. "Data Loss from Pretest to Posttest as a Sample Selection Problem," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 184-188, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carlos J. Asarta & Austin S. Jennings & Paul W. Grimes, 2017. "Economic Education Retrospective," The American Economist, Sage Publications, vol. 62(1), pages 102-117, March.
    2. Jane S. Lopus, 2001. "An Evaluation of Choices and Changes : An Economics Program for At-risk Students," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 17(Fall 2001), pages 105-119.
    3. Anthony L. Loviscek & Norman R. Cloutier, 1997. "Supplemental Instruction and the Enhancement of Student Performance in Economics Principles," The American Economist, Sage Publications, vol. 41(2), pages 70-76, October.
    4. Grimes, Paul W. & Millea, Meghan J. & Campbell, Randall C., 2009. "The transition to market-based economic education: evaluating program effectiveness in Kazakhstan," MPRA Paper 39982, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Grimes, Paul W. & Millea, Meghan J. & Thomas, M. Kathleen, 2008. "District level mandates and high school students' understanding of economics," MPRA Paper 39883, University Library of Munich, Germany.
    2. Paul W. Grimes & Paul S. Nelson, 1998. "The Social Issues Pedagogy vs. The Traditional Principles of Economics: An Empirical Examination," The American Economist, Sage Publications, vol. 42(1), pages 56-64, March.
    3. Tisha L. N. Emerson & Linda K. English & KimMarie McGoldrick, 2018. "The High Costs of Large Enrollment Classes: Can Cooperative Learning Help?," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 44(3), pages 455-474, June.
    4. A. J. Reynolds & J. A. Temple, "undated". "Extended early childhood intervention and school achievement: Age 13 findings from the Chicago longitudinal study," Institute for Research on Poverty Discussion Papers 1095-96, University of Wisconsin Institute for Research on Poverty.
    5. Kim Sosin & Betty J. Lecha & Rajshree Agarwal & Robin L. Bartlett & Joseph I. Daniel, 2004. "Efficiency in the Use of Technology in Economic Education: Some Preliminary Results," American Economic Review, American Economic Association, vol. 94(2), pages 253-258, May.
    6. Darima Fotheringham & Michael A. Wiles, 2023. "The effect of implementing chatbot customer service on stock returns: an event study analysis," Journal of the Academy of Marketing Science, Springer, vol. 51(4), pages 802-822, July.
    7. Song, Wei-Ling & Uzmanoglu, Cihan, 2016. "TARP announcement, bank health, and borrowers’ credit risk," Journal of Financial Stability, Elsevier, vol. 22(C), pages 22-32.
    8. Raymundo M. Campos-Vázquez, 2013. "Efectos de los ingresos no reportados en el nivel y tendencia de la pobreza laboral en México," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(2), pages 23-54, November.
    9. Stephen Brown & William Goetzmann & Bing Liang & Christopher Schwarz, 2008. "Mandatory Disclosure and Operational Risk: Evidence from Hedge Fund Registration," Journal of Finance, American Finance Association, vol. 63(6), pages 2785-2815, December.
    10. Paul W. Miller & Barry R. Chiswick, 2002. "Immigrant earnings: Language skills, linguistic concentrations and the business cycle," Journal of Population Economics, Springer;European Society for Population Economics, vol. 15(1), pages 31-57.
    11. Chul‐Woo Kwon & Peter F. Orazem & Daniel M. Otto, 2006. "Off‐farm labor supply responses to permanent and transitory farm income," Agricultural Economics, International Association of Agricultural Economists, vol. 34(1), pages 59-67, January.
    12. Jonathan Gruber & Aaron Yelowitz, 1999. "Public Health Insurance and Private Savings," Journal of Political Economy, University of Chicago Press, vol. 107(6), pages 1249-1274, December.
    13. Jean-Louis Arcand & Linguère M'Baye, 2013. "Braving the waves: the role of time and risk preferences in illegal migration from Senegal," CERDI Working papers halshs-00855937, HAL.
    14. Sandra Müllbacher & Wolfgang Nagl, 2017. "Labour supply in Austria: an assessment of recent developments and the effects of a tax reform," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 44(3), pages 465-486, August.
    15. Campbell, Randall C. & Nagel, Gregory L., 2016. "Private information and limitations of Heckman's estimator in banking and corporate finance research," Journal of Empirical Finance, Elsevier, vol. 37(C), pages 186-195.
    16. Leye Li & Louise Yi Lu & Dongyue Wang, 2022. "External labour market competitions and stock price crash risk: evidence from exposures to competitor CEOs’ award‐winning events," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(S1), pages 1421-1460, April.
    17. Jože P. Damijan & Mark Knell, 2005. "How Important Is Trade and Foreign Ownership in Closing the Technology Gap? Evidence from Estonia and Slovenia," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 141(2), pages 271-295, July.
    18. Calcagno, R. & Renneboog, L.D.R., 2004. "Capital Structure and Managerial Compensation : The Effects of Renumeration Seniority," Discussion Paper 2004-120, Tilburg University, Center for Economic Research.
    19. Nakashima, Kiyotaka & Ogawa, Toshiaki, 2020. "The Impacts of Strengthening Regulatory Surveillance on Bank Behavior: A Dynamic Analysis from Incomplete to Complete Enforcement of Capital Regulation in Microprudential Policy," MPRA Paper 99938, University Library of Munich, Germany.
    20. Sarah Bridges & David Lawson, 2008. "Health and Labour Market Participation in Uganda," WIDER Working Paper Series DP2008-07, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    JEL classification:

    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • A21 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Pre-college

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:amerec:v:39:y:1995:i:1:p:71-83. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://journals.sagepub.com/home/aex .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.