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Economic Literacy Among Corporate Employees


  • William C. Wood
  • Joanne M. Doyle


The authors report on the results of a telephone survey of 1,001 employees of seven large corporations conducted for the Business Roundtable as part of its public policy program. A set of 20 questions keyed to the Voluntary National Content Standards in Economics was embedded in the survey. A measure of economic literacy was constructed from the survey results. Greater economic literacy was associated with more overall education, more college economics coursework, high incomes, and being male. An examination of individual test questions revealed that previous college economics had substantial effects on employees' current economic literacy.

Suggested Citation

  • William C. Wood & Joanne M. Doyle, 2002. "Economic Literacy Among Corporate Employees," The Journal of Economic Education, Taylor & Francis Journals, vol. 33(3), pages 195-205, September.
  • Handle: RePEc:taf:jeduce:v:33:y:2002:i:3:p:195-205
    DOI: 10.1080/00220480209595186

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    Cited by:

    1. Cook Nathaniel P.S. & Underwood Robert L., 2012. "Attitudes Toward Economic Globalization: Does Knowledge Matter?," Global Economy Journal, De Gruyter, vol. 12(4), pages 1-20, December.
    2. Celeste Amorim Varum & Abigail Ferreira, 2013. "Contexto Socio-Económico e o Conhecimento Sobre Economia," Notas Económicas, Faculty of Economics, University of Coimbra, issue 38, pages 29-45, December.

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