The Test of Understanding of College Economics, the Test of Economic Literacy for senior high students, and the Basic Economics Test for students in grades 4-6 provide reasonably good measures of economic understanding. The tests' technical features--reliability, validity, norms, and item statistics--are critiqued. (RM)

Discusses the content and cognitive specification of the third edition of the Test of Understanding in College Economics. Presents examples of the construction and sampling criteria employed in the latest and previous versions of the test. Explains that the test emphasizes recognition and understanding of basic terms, concepts, and principles with…

The basic measurement topics of reliability, validity, and norms as they apply to the major norm-referenced cognitive and affective instruments in economics education are discussed to provide researchers with a framework for judging technical quality. Because the topic of measurement is neglected or given improper treatment in much research work…