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The Dog ATE my Economics Homework! Estimates of the Average Effect of Treating Hawaii’s Public High School Students with Economics

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Listed:
  • Kimberly Burnett

    (University of Hawaii Economic Research Organization University of Hawaii-Manoa)

  • Sumner La Croix

    (Department of Economics University of Hawaii-Manoa)

Abstract

Hawaii is one of 27 states that do not require testing of public high school students regarding their understanding of economics. We report results for the first economics test administered to a large sample of students in Hawaii public high schools during the Spring 2004 semester. Our analysis focuses on evaluating the impact of a semester-long course in economics on student scores on a 20-question, multiple-choice economics test. We specify and estimate a regression analysis of exam scores that controls for other factors that could influence student performance on the exam. While student scores on the economics exam are relatively low, completion of an economics course and participation in a stock market simulation game each add about one point to student scores.

Suggested Citation

  • Kimberly Burnett & Sumner La Croix, 2010. "The Dog ATE my Economics Homework! Estimates of the Average Effect of Treating Hawaii’s Public High School Students with Economics," Working Papers 2010-01, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
  • Handle: RePEc:hae:wpaper:2010-01
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    File URL: https://uhero.hawaii.edu/wp-content/uploads/2019/08/WP_2010-1.pdf
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    References listed on IDEAS

    as
    1. William B. Walstad & Ken Rebeck, 2000. "The Status of Economics in the High School Curriculum," The Journal of Economic Education, Taylor & Francis Journals, vol. 31(1), pages 95-101, December.
    2. Guido W. Imbens & Jeffrey M. Wooldridge, 2009. "Recent Developments in the Econometrics of Program Evaluation," Journal of Economic Literature, American Economic Association, vol. 47(1), pages 5-86, March.
    3. 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.
    4. Kimberly Burnett & Sumner La Croix, 2009. "Economic Education’s Roller Coaster Ride In Hawaii, 1956-2006," Working Papers 200901, University of Hawaii at Manoa, Department of Economics.
    5. William B. Walstad & Ken Rebeck, 2001. "Assessing the Economic Understanding of U.S. High School Students," American Economic Review, American Economic Association, vol. 91(2), pages 452-457, May.
    6. Moulton, Brent R, 1990. "An Illustration of a Pitfall in Estimating the Effects of Aggregate Variables on Micro Unit," The Review of Economics and Statistics, MIT Press, vol. 72(2), pages 334-338, May.
    7. William B. Walstad & Stephen Buckles, 2008. "The National Assessment of Educational Progress in Economics: Findings for General Economics," American Economic Review, American Economic Association, vol. 98(2), pages 541-546, May.
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    Cited by:

    1. Robert G. Valletta & K. Jody Hoff & Jane S. Lopus, 2014. "Lost In Translation? Teacher Training And Outcomes In High School Economics Classes," Contemporary Economic Policy, Western Economic Association International, vol. 32(4), pages 695-709, October.

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    More about this item

    Keywords

    economic education; high school economics; stock market simulation;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • A21 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Pre-college
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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