A study of over 3,000 U.S. high school students who took the Test of Economic Literacy (TEL) in 1986 reveals a lack of basic understanding in the four basic TEL concept clusters of fundamental economics, microeconomics, macroeconomics, and international economics. The TEL was administered pre- and posttest where students were enrolled in one of…

Critiques William Becker, William Greene, and Sherwin Rosen's review of the research regarding the teaching and learning of high school economics. Calls for sharper definitions of research models to improve focus. Explains a distinction between stock and flow models, and asks for elaboration on topics covered. Suggests examining textbook…

This teaching guide begins with an explanation of the role of money in the economy, focusing on its circulation or exchange. The use of money as a unit of account, a store of value, and a medium of exchange are explained. Three brief teaching units are included. The grade K-2 unit, "Money Counts," provides games and activities which develop the…

Presents the results of a study suggesting that economic knowledge, whether measured by a general score or knowledge of a particular issue, is the most consistent and influential factor affecting public opinion. Surveyed a broad range of participants concerning five complex issues of economic policy. Includes questions, tables, and statistics.…

Briefly reviews and criticizes recent research into declining undergraduate economics enrollment. Argues that this research fails to consider an integral variable, the student's perspective. Recommends a 1981 student survey profile as a model to follow for future research. (MJP)

Asserts that the primary goal of economics education is to help students understand the economic world around them and make more informed personal and social decisions. Reviews comparative studies of economic education and student achievement in the United States, Japan, Germany, Austria, Australia, and the United Kingdom. (CFR)