IDEAS home Printed from https://ideas.repec.org/a/taf/jeduce/v44y2013i3p298-309.html
   My bibliography  Save this article

The Test of Economic Literacy: Development and Results

Author

Listed:
  • William B. Walstad
  • Ken Rebeck
  • Roger B. Butters

Abstract

In this study, the authors report on the revision of the Test of Economic Literacy for the fourth edition. The Test of Economic Literacy 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 Voluntary National Content Standards in Economics , which is used to establish the content validity for the test. The revision process is described and evidence on the test reliability and construct validity is presented from the test score analysis. The Test of Economic Literacy has a long and successful history of use by educators and researchers interested in economic education in high schools. The new edition should provide an improved instrument to continue that testing and research work.

Suggested Citation

  • William B. Walstad & Ken Rebeck & Roger B. Butters, 2013. "The Test of Economic Literacy: Development and Results," The Journal of Economic Education, Taylor & Francis Journals, vol. 44(3), pages 298-309, September.
    • Handle: RePEc:taf:jeduce:v:44:y:2013:i:3:p:298-309
    DOI: 10.1080/00220485.2013.795462
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00220485.2013.795462
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00220485.2013.795462?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Oberrauch, Luis & Kaiser, Tim & Seeber, Günther, 2023. "Measuring economic competence of youth with a short scale," Journal of Economic Psychology, Elsevier, vol. 97(C).
    2. Michael Goedde-Menke & Carsten Erner & Michael Oberste, 2017. "Towards more sustainable debt attitudes and behaviors: the importance of basic economic skills," Journal of Business Economics, Springer, vol. 87(5), pages 645-668, July.
    3. Tim Kaiser & Luis Oberrauch & Günther Seeber, 2020. "Measuring economic competence of secondary school students in Germany," The Journal of Economic Education, Taylor & Francis Journals, vol. 51(3-4), pages 227-242, August.
    4. Kuhn, Christiane & Zlatkin-Troitschanskaia, Olga & Brückner, Sebastian & Saas, Hannes, 2018. "A new video-based tool to enhance teaching economics," International Review of Economics Education, Elsevier, vol. 27(C), pages 24-33.
    5. Lucia Savadori & Giuseppe Espa & Maria Michela Dickson, 2020. "The polarizing impact of numeracy, economic literacy, and science literacy on attitudes toward immigration," Papers 2011.02362, arXiv.org.
    6. Kaiser, Tim & Oberrauch, Luis & Pang, Ming Fai & Seeber, Günther, 2021. "Using the ‘Test of Economic Competence’ with secondary school students in Hong Kong: Results and psychometric properties," EconStor Preprints 236205, ZBW - Leibniz Information Centre for Economics.
    7. Isha Bajaj & Mandeep Kaur, 2024. "Validating Financial Knowledge Scale Using Item Response Theory," Vision, , vol. 28(2), pages 225-236, April.
    8. Michael Jüttler, 2020. "Predicting economics student retention in higher education: The effects of students’ economic competencies at the end of upper secondary school on their intention to leave their studies in economics," PLOS ONE, Public Library of Science, vol. 15(2), pages 1-27, February.
    9. Vivian Carstensen & Roland Happ & Olga Zlatkin-Troitschanskaia, 2020. "Second-Generation Immigrants’ Entry into Higher Education: Students’ Enrollment Choices at Different Types of Universities," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 46(1), pages 126-160, January.
    10. Li Liao & Jing Jian Xiao & Weiqiang Zhang & Congyi Zhou, 2017. "Financial literacy and risky asset holdings: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 57(5), pages 1383-1415, December.

    More about this item

    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:taf:jeduce:v:44:y:2013:i:3:p:298-309. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/VECE20 .

    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.