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Meek, Sally; Morton, John – Social Education, 2009
In 1989, microeconomics and macroeconomics examinations debuted on the Advanced Placement (AP) scene. At that time, many professors of economics were skeptical that college freshmen had the skills and maturity to understand the concepts in principles of economics courses. They thought teaching these concepts to high school students was even more…
Descriptors: Feedback (Response), College Freshmen, High Schools, Equal Education
Mead, N.; Sandene, B. – National Center for Education Statistics, 2007
Knowledge of economics is important for individuals to function effectively as citizens in an increasingly connected world economy. Economic literacy includes understanding how economies and markets work, what the benefits and costs of economic interaction and interdependence are, and that people have to make choices because resources are…
Descriptors: Economics Education, National Competency Tests, Grade 12, Gender Differences
Buckles, Stephen; Melican, Claire – US Department of Education, 2006
This document provides a guide for the development of the 2006 National Assessment of Educational Progress (NAEP) Economics Assessment. The framework is designed to assess the outcomes of student education in and understanding of economics in grade 12 as part of NAEP. Economic literacy is defined as the ability to identify, analyze, and evaluate…
Descriptors: Economics Education, Free Enterprise System, Economic Development, Economic Factors