A significant event for the advancement of economic education in the schools is the development of the National Assessment of Educational Progress (NAEP) in economics. For the first time, national data from a representative sample of students are available to measure the achievement of high...

<italic>Abstract:</italic> Multiple-choice questions are the basis of a significant portion of assessment in introductory economics courses. However, these questions, as found in course assessments, test banks, and textbooks, often fail to evaluate students' abilities to use and apply economic analysis. The...

Interest is growing at the precollege level in computer testing (CT) instead of paper-and-pencil testing (PT) for subjects in the school curriculum, including economics. Before economic educators adopt CT, a better understanding of its likely effects on test-taking behavior and performance...

<title>Abstract</title> This study describes a new data set and uses it for an exploratory investigation of whether seminars for teachers conducted by the National Council on Economic Education through its International Education Exchange Program (IEEP) had a beneficial effect on the economic understanding of...

<italic>Abstract</italic>: The essay test has great potential to assess the higher levels of student understanding of economics. The problem is that most instructors fail to exploit the significant advantage of this testing method and to avoid its pitfalls. The author highlights the advantages and pitfalls to...

The <italic>National Standards for Financial Literacy</italic> describe the knowledge, understanding, and skills that are important for students to learn about personal finance. They are designed to guide teachers, school administrators, and other educators in developing curriculum and educational materials for...

In this study, the authors report on the revision of the <italic>Test of Economic Literacy</italic> for the fourth edition. The <italic>Test of Economic Literacy</italic> is a nationally-normed and standardized measure of the economic understanding of U.S. high school students. The economic content of the test is based on the...</italic>

<title>Abstract</title> The author discusses the following seven issues affecting assessment of undergraduates in universities: decisionmaking and the selection of tests, the use of written and oral assignments to measure learning, the characteristics of grades and portfolios for evaluating students,...