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Walstad, William B.; Wagner, Jamie – Journal of Economic Education, 2023
The authors of this study investigate the likely influence of required or voluntary financial education on the saving behaviors of U.S. adults. They compare the results for three groups defined by different life experiences with financial education (required, voluntary, and none). Probit models estimate the effects of financial education on four…
Descriptors: Money Management, Financial Education, Adults, Behavior
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Walstad, William B. – Journal of Economic Education, 2018
In this article, the author presents two alternative approaches to the assessment of competencies in economics. The first is a concept assessment as a matrix puzzle. The rows of the matrix are the economic changes and the columns are the economic outcomes. To solve the puzzle, students state which change is associated with an outcome and which is…
Descriptors: Economics Education, Student Evaluation, Puzzles, Performance Based Assessment
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Bosshardt, William; Walstad, William B. – Journal of Economic Education, 2018
The authors investigate the relationship between undergraduate economics coursework or majoring in economics and the debt behavior of the college graduates. The data come from the Baccalaureate and Beyond (B&B) longitudinal survey of the National Center for Education Statistics. College graduates who took courses in undergraduate economics or…
Descriptors: Economics Education, Outcomes of Education, Money Management, Undergraduate Study
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Bosshardt, William; Walstad, William B. – Journal of Economic Education, 2017
The Baccalaureate and Beyond study from the National Center for Education Statistics at the U.S. Department of Education contains a nationally representative set of transcript data from colleges and university graduates in the 2007-2008 academic year, the latest year for which such data are available. The authors use the transcript data to analyze…
Descriptors: Economics Education, Business Administration Education, College Graduates, Longitudinal Studies
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Walstad, William B.; Rebeck, Ken – Journal of Economic Education, 2017
The "Test of Financial Literacy" (TFL) was created to measure the financial knowledge of high school students. Its content is based on the standards and benchmarks stated in the "National Standards for Financial Literacy" (Council for Economic Education 2013). The test development process involved extensive item writing and…
Descriptors: Tests, Money Management, Literacy, High School Students
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Walstad, William B.; Wagner, Jamie – Journal of Economic Education, 2016
This study disaggregates posttest, pretest, and value-added or difference scores in economics into four types of economic learning: positive, retained, negative, and zero. The types are derived from patterns of student responses to individual items on a multiple-choice test. The micro and macro data from the "Test of Understanding in College…
Descriptors: Value Added Models, Scores, Economics Education, Economics
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Walstad, William B.; Miller, Laurie A. – Journal of Economic Education, 2016
Survey results from a national sample of economics instructors describe the grading policies and practices in principles of economics courses. The survey results provide insights about absolute and relative grading systems used by instructors, the course components and their weights that determine grades, and the type of assessment items used for…
Descriptors: Grades (Scholastic), Grading, Economics Education, Educational Policy
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Walstad, William B.; Watts, Michael – Journal of Economic Education, 2015
This review describes the conditions for teaching economics in the kindergarten through twelfth grade (K-12) curriculum in U.S. schools. The first section presents data on course-taking in economics in high schools and state mandates for economics instruction. It discusses the value of the infusion approach to teaching economics either in place of…
Descriptors: Economics Education, Elementary Secondary Education, Curriculum, Course Content
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Rebeck, Ken; Walstad, William B. – Journal of Economic Education, 2015
The authors use U.S. public and private high school transcripts to analyze grade distribution patterns in economics courses across student and school characteristics, and compare these grades to those earned in other selected high school courses. Results are reported for the 53 percent of 2009 high school graduates who took a basic economics…
Descriptors: High School Students, Economics Education, Student Characteristics, Grades (Scholastic)
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Siegfried, John J.; Walstad, William B. – Journal of Economic Education, 2014
Survey results from a large sample of economics departments describe offerings for principles courses, coursework requirements for economics majors, and program augmentations such as capstone courses, senior seminars, and honors programs. Findings are reported for all institutions, and institutions are subdivided into six different categories…
Descriptors: Economics Education, Majors (Students), Required Courses, Degree Requirements
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Bosshardt, William; Walstad, William B. – Journal of Economic Education, 2014
The "National Standards for Financial Literacy" describe the knowledge, understanding, and skills that are important for students to learn about personal finance. They are designed to guide teachers, school administrators, and other educators in developing curriculum and educational materials for teaching financial literacy. In this…
Descriptors: National Standards, Financial Services, Money Management, Academic Standards
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Walstad, William B.; Rebeck, Ken – Journal of Economic Education, 2012
High school transcript data were used in this study to estimate the percentage of high school graduates who complete an economics course, and to examine course-taking trends in economics from 1982 to 2009. In 2009, 58 percent of high school graduates took an economics course, up from about 45 percent from 1990 to 2005. The increases in economics…
Descriptors: High Schools, High School Graduates, Economics, Economics Education
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Walstad, William B.; Salemi, Michael K. – Journal of Economic Education, 2011
The Teaching Innovations Program (TIP) was a six-year project funded by the National Science Foundation that gave economics instructors the opportunity to learn interactive teaching strategies for use in undergraduate economics courses. TIP participants first attended a teaching workshop that presented various teaching strategies. They then could…
Descriptors: Program Descriptions, Electronic Learning, Economics Education, Workshops
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Butters, Roger B.; Walstad, William B. – Journal of Economic Education, 2011
Interest is growing at the precollege level in computer testing (CT) instead of paper-and-pencil testing (PT) for subjects in the school curriculum, including economics. Before economic educators adopt CT, a better understanding of its likely effects on test-taking behavior and performance compared with PT is needed. Using two volunteer student…
Descriptors: Computer Assisted Testing, Economics Education, Grade 8, Grade 9
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Walstad, William B.; Becker, William E. – Journal of Economic Education, 2010
Survey data from PhD-granting economics departments are used to assess the teaching preparation of graduate students in economics. The results show that relatively few departments require graduate student instructors to take a credit course in teaching before teaching their own course or leading a recitation section. Although more graduate student…
Descriptors: Economics, Doctoral Programs, Graduate Students, Teaching Assistants
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