This paper presents a case study that reflects on teaching an economic unit, Cost-benefit analysis (CBA), to a diverse undergraduate student body at the researcher's institution. CBA is an applied economic technique that attempts to assess the economic efficiency of proposed public policies through the systematic prediction of social costs and…

University lecturers and coordinators of business and economics courses around the world are faced with the challenge that beginning students in these courses have heterogeneous entry conditions in terms of personal characteristics. This article focuses on the economic knowledge of German and Japanese beginning students in a business and economics…

Purpose: To explore students' understandings of financial literacy and economics issues with an aim to inform future teaching designs. Design/methodology/approach: Phenomenography and variation theory has been used to analyze students' understanding of a concept found in both financial and economic contexts, namely "value." Findings:…

Knowledge of economics is becoming essential for citizens to adapt to economic life. Against this backdrop, the economic education of young people in the general education system has, in recent years, assumed greater importance at the level of education policy in many countries. For this reason, an empirical study was conducted in Austria, India…

Children construct meaning from their economic experiences in the form of naive theories and use these theories to explain the relationships between their actions and the outcomes. Inevitably, due to their lack of economic literacy, these theories will be incomplete. Through curriculum design that acknowledges and addresses these naive theories,…

Gender effects in large-scale assessments have become an increasingly important research area within and across countries. Yet few studies have linked differences in assessment results of male and female students in higher education to construct-relevant features of the target construct. This paper examines gender effects on students' economic…

The assessment of university students' economic knowledge has become an increasingly important research area within and across countries. Particularly, the different influences of prior education, native language, and gender as some of the main prerequisites on students' economic knowledge have been highlighted since long. However, the findings…

A series of studies in several countries tested the economic understanding of people, particularly students. The performance of the subjects is typically conceived as showing "deficits". These alleged deficits seem to correspond with scepticism towards market economy. Better test scores in general correlate with higher appraisal of…

This study examined the level of economics knowledge, overall and on specific economic concepts after Albanian 11th grade and 12th grade students completed their required economics course and investigated how economics knowledge differed by student and teacher characteristics. There were 1,509 students who participated in this research from 12…

The study's findings revealed significant relationships between economic understanding and the factors of: aptitude; achievement in English, social science, science, and mathematics; age; socioeconomic class; attitudinal sophistication; and business courses taken in high school. The subjects were 188 entering freshmen and 204 second semester…

Evaluates the effectiveness of the Developmental Economic Education Project (DEEP) of the Joint Council of Economic Education and the awards program of the International Paper Company Foundation (IPCF). DEEP schools had a positive effect on students. The results of the IPCF program are less encouraging. (RM)

Recounts statistical inaccuracies in an article on computer-aided instruction in economics courses on the college level. The article, published in the J. Econ. Ed (Fall 1978), erroneously placed one student in the TIPS group instead of the control group. Implications of this alteration are discussed. (DB)

This article presents a report on student effort in economics courses based on time and the efficiency of its use. Information is presented on explanatory variables in each of the several learning models tested, theoretical basis for recent empirical student learning, definitions of student input, and the student-choice model proposed by Richard…

Compared the "hybrid" Test of Understanding in College Economics (TUCE) with the four original TUCE versions and found that the hybrid version is 1) "broader,""thinner," and less technical in terms of content coverage; 2) more reliable with a generally superior item analysis structure; and 3) slightly "easier" for students who have taken economics…

Reports one study on determinants of economic values in a population of 16- to 17-year-old British schoolchildren, and a second on economic preferences and knowledge in a larger group of slightly older adolescents. Found the pattern of results not dissimilar to those from related studies. Discusses the results in terms of the literature on…