In view of cross-national student mobility and increasing internationalization of the labor market, a common understanding of economic concepts as well as awareness for country-specific factors influencing economics education is essential. Therefore, the development of instruments that allow for comparable investigation across countries is…

The Test of Understanding of College Economics, the Test of Economic Literacy for senior high students, and the Basic Economics Test for students in grades 4-6 provide reasonably good measures of economic understanding. The tests' technical features--reliability, validity, norms, and item statistics--are critiqued. (RM)

Presents results of a study comparing Georgia college students' scores on a test for economic understanding with scores of high school students. Compares scores by university and also by demographic information. Concludes that there is significant advantage in taking economics at the senior grade level in high school. (DK)

Reviews research suggesting poor economic understanding among elementary school students. Presents findings of a study of the economic comprehension of 248 elementary education majors. Reveals that those students share the younger children's unfamiliarity with economics. Argues that improving teachers' economics training will enhance the economic…

The basic measurement topics of reliability, validity, and norms as they apply to the major norm-referenced cognitive and affective instruments in economics education are discussed to provide researchers with a framework for judging technical quality. Because the topic of measurement is neglected or given improper treatment in much research work…