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National Center for Education Statistics, 2013
Economic literacy is vital for functioning effectively in today's society. Consumers need to manage their finances, investors need to plan for their future, and voters need to choose among competing economic plans. As students move on to college or enter the workforce, their understanding of the economy will help them become financially…
Descriptors: Economics Education, High School Seniors, Grade 12, Student Evaluation

Borland, Melvin V.; Howsen, Roy M. – Education Economics, 2000
Corrects for potential bias and inconsistency in the estimated coefficient on market competition (among schools) by constructing a system of equations with endogenous expressions of student achievement and market competition. Policy makers seeking to improve student achievement should encourage market competition among schools. (Contains 13…
Descriptors: Achievement Gains, Competition, Elementary Secondary Education, Error Correction