!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"> Streamline Training & Documentation: Economics Literacy

Wednesday, August 08, 2007

Economics Literacy

The results are in for the first-ever economics test administered to high school seniors as part of the National Assessment of Educational Progress (NAEP). The headlines reported by the NAEP are:
  • The average score on the economics assessment was set at 150, which falls within the Basic range. The scores the test-takers received ranged from 104 for the lowest performing students (10th percentile) to 191 for the highest-performing students (90th percentile). 25% of students had a score at or below 129; 75% had a score at or below 174.

  • 79% of students performed at or above the Basic achievement level, 42% performed at or above the Proficient level, and 3% performed at the Advanced level. (The definitions of the Basic, Proficient, and Advanced levels for the economics assessment are provided here.)

  • Male students scored 4 points higher, on average, than female students.

  • Average scores were higher for students whose parents have higher levels of education.
You can check your own economics proficiency by trying the sample questions here.