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Measuring Up: Assessment in Microeconomics

Author

Listed:
  • Jill K. Hayter
  • Carolyn F. Rochelle

Abstract

Appropriate assessment is of major importance for universities today. Many faculty perceive assessment as already occurring through grade assignment. This paper investigates grades versus knowledge of learning objectives as forms of assessment. By analyzing the relationship between examination questions and post-test comprehension of learning objectives in Principles of Microeconomics, this study tests differences in proportions of correct responses from the two evaluation methods. For some learning objectives there are statistical differences between the two proportions but insignificant differences for the others. These mixed results demonstrate exam questions and learning objective post-test questions are not necessarily equal measures of student learning.

Suggested Citation

  • Jill K. Hayter & Carolyn F. Rochelle, 2014. "Measuring Up: Assessment in Microeconomics," Journal for Economic Educators, Middle Tennessee State University, Business and Economic Research Center, vol. 14(1), pages 25-32, Fall.
    • Handle: RePEc:mts:jrnlee:v:14:y:2014:i:1:p:25-32
    as

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    File URL: http://capone.mtsu.edu/jee/2014/P25toP32-MS813.pdf
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    References listed on IDEAS

    as
    1. Kenneth G. Elzinga & Daniel O. Melaugh, 2009. "35,000 Principles of Economics Students: Some Lessons Learned," Southern Economic Journal, John Wiley & Sons, vol. 76(1), pages 32-46, July.
    2. Daniel R. Marburger, 2001. "Absenteeism and Undergraduate Exam Performance," The Journal of Economic Education, Taylor & Francis Journals, vol. 32(2), pages 99-109, January.
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    More about this item

    Keywords

    grades versus assessment; learning objectives; economic education;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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