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ERIC Number: EJ1054275
Record Type: Journal
Publication Date: 2015
Pages: 25
Abstractor: As Provided
Reference Count: 4
ISSN: ISSN-0307-5079
How to Reason with Economic Concepts: Cognitive Process of Japanese Undergraduate Students Solving Test Items
Asano, Tadayoshi; Yamaoka, Michio
Studies in Higher Education, v40 n3 p412-436 2015
The authors administered a Japanese version of the Test of Understanding in College Economics, the fourth edition (TUCE-4) to assess the economic literacy of Japanese undergraduate students in 2006 and 2009. These two test results were combined to investigate students' cognitive process or reasoning with specific economic concepts and principles as measured by the TUCE-4 micro and macro exams. At first, the authors conducted preliminary analyses of the test results by means of an one-way analysis of variance and a multiple regression analysis, assuming five factors would affect the test scores: student's gender, year in school, department he/she belongs to, economics learning and the deviation score of school. Then those factors were inputted into the path analysis, according to causal models devised by the authors, to explore student's reasoning mechanism of economic concepts and principles. The results from this analysis showed whether the causal models were fit for their actual cognitive process or not.
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Japan; United States
Identifiers - Assessments and Surveys: Test of Understanding in College Economics