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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