Test Of Economic Literacy
{{unref, date=February 2013 The Test of Economic Literacy or TEL is a standardized test of economics nationally norm-referenced in the United States for use in upper-grade levels of high schools. It is one of four grade-level specific standardized economics tests (i.e., Basic Economics Test (BET), Test of Economic Knowledge (TEK) and Test of Understanding in College Economics (TUCE) ) sponsored and published by the National Council on Economic Education (NCEE) . The TEL is in its fourth edition and is available, along with an examiner’s manual, for teachers, school administrators and researchers through the NCEE. The revision process took place at the National Center for Research in Economic Education (NCREE) and included norm-references that consisted of teacher and student participation from over 100 high schools across the United States. The TEL has two parallel forms, each composed of forty-five 4-option multiple-choice items with content validity In psychometrics, cont ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Standardized Test
A standardized test is a test that is administered and scored in a consistent, or "standard", manner. Standardized tests are designed in such a way that the questions and interpretations are consistent and are administered and scored in a predetermined, standard manner. Any test in which the same test is given in the same manner to all test takers, and graded in the same manner for everyone, is a standardized test. Standardized tests do not need to be high-stakes tests, time-limited tests, or multiple-choice tests. A standardized test may be any type of test: a written test, an oral test, or a practical skills performance test. The questions can be simple or complex. The subject matter among school-age students is frequently academic skills, but a standardized test can be given on nearly any topic, including driving tests, creativity, athleticism, personality, professional ethics, or other attributes. The opposite of standardized testing is ''non-standardized testing'', in w ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Norm-referenced Test
A norm-referenced test (NRT) is a type of test, assessment, or evaluation which yields an estimate of the position of the tested individual in a predefined population, with respect to the trait being measured. Assigning scores on such tests may be described as relative grading, marking on a curve (BrE) or grading on a curve (AmE, CanE) (also referred to as curved grading, bell curving, or using grading curves). It is a method of assigning grades to the students in a class in such a way as to obtain or approach a pre-specified distribution of these grades having a specific mean and derivation properties, such as a normal distribution In statistics, a normal distribution or Gaussian distribution is a type of continuous probability distribution for a real-valued random variable. The general form of its probability density function is : f(x) = \frac e^ The parameter \mu ... (also called Gaussian distribution). The term "curve" refers to the Normal distribution, bell curve, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Basic Economics Test
The Basic Economics Test or BET is a standardized test of economics nationally norm-referenced in the United States for use in the upper-grade levels of elementary schools. It is one of four grade-level specific standardized economics tests (i.e., Test of Economic Knowledge (TEK), Test of Economic Literacy (TEL) and Test of Understanding in College Economics (TUCE)) sponsored and published by the National Council on Economic Education (NCEE) . The BET was recently revised into its third edition in 2007 and will soon be available, along with an examiner’s manual, for teachers, school administrators and researchers through the NCEE. The revision process took place at the National Center for Research in Economic Education (NCREE) and included a new set of norm-references that consisted of teacher and student participation from twenty-three U.S. states. The BET has two parallel forms, each with thirty four-option multiple-choice items with content validity In psychometrics, co ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Test Of Economic Knowledge
{{unreferenced, date=February 2013 The Test of Economic Knowledge or TEK is a standardized test of economics nationally norm-referenced in the United States for use in middle schools and in lower-grade levels of high schools. It is one of four grade-level specific standardized economics tests (i.e., Basic Economics Test (BET), Test of Economic Literacy (TEL) and Test of Understanding in College Economics (TUCE)) sponsored and published by the National Council on Economic Education (NCEE) . The TEK was recently revised into its second edition in 2007 and will soon be available, along with an examiner's manual, for teachers, school administrators and researchers through the NCEE. The revision process took place at the National Center for Research in Economic Education (NCREE) and included a new set of norm-references that consisted of teacher and student participation from twenty-five U.S. states. The TEK has two parallel forms, each composed of forty 4-option multiple-choice item ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Test Of Understanding In College Economics
The Test of Understanding in College Economics or TUCE is a standardized test of economics nationally norm-referenced test, norm-referenced in the United States for use at the undergraduate level, primarily targeting introductory or principles-level coursework in economics. It is one of four grade-level specific standardized economics tests (i.e. Basic Economics Test (BET), Test of Economic Knowledge (TEK) and Test of Economic Literacy (TEL)) sponsored and published by the National Council on Economic Education (NCEE) . As of 2007, TUCE was in its fourth edition and is available, along with an examiner’s manual, for instructors, school administrators and researchers through the NCEE. The latest revision process, a joint effort between the NCEE and the National Center for Research in Economic Education, included a national norming consisting of 70 institutions across the United States spanning the four largest categories of the Carnegie Classification of Institutions of Higher Educ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Council On Economic Education
The Council for Economic Education (the new name, since 2009 January, of the National Council on Economic Education) is an organization in the United States that focuses on the economic and financial education of students from kindergarten through high school. The mission of the Council for Economic Education is to instill in young people the fourth “R”—a real-world understanding of economics and personal finance. It is only by acquiring economic and financial literacy that children can learn that there are better options for a life well lived, will be able to see opportunity on their horizon line and, ultimately, can grow into successful and productive adults capable of making informed and responsible decisions. Headquartered in New York City, CEE provides classroom resources to K-12 teachers and students, free professional development to educators, webinars, standards and assessment tools, and guidance for advocacy and outreach. Campaign for Economic Literacy The Counci ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Center For Research In Economic Education
The National Center for Research in Economic Education (NCREE) is a non-profit center located at the University of Nebraska-Lincoln in Lincoln, Nebraska, US. Its primary function is to assist researchers and other organizations with research, assessment and evaluation projects in economics education. The NCREE has designed, developed and revised widely used standardized test A standardized test is a test that is administered and scored in a consistent, or "standard", manner. Standardized tests are designed in such a way that the questions and interpretations are consistent and are administered and scored in a predete ... instruments for assessing the economics knowledge of students at various stages of education (e.g., Basic Economics Test (BET), Test of Economic Knowledge (TEK), Test of Economic Literacy (TEL) and Test of Understanding in College Economics (TUCE)). The NCREE is home to REED, the Research in Economic Education Data Base. External links National Center for R ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Multiple-choice
Multiple choice (MC), objective response or MCQ (for multiple choice question) is a form of an objective assessment in which respondents are asked to select only correct answers from the choices offered as a list. The multiple choice format is most frequently used in educational testing, in market research, and in elections, when a person chooses between multiple candidates, parties, or policies. Although E. L. Thorndike developed an early scientific approach to testing students, it was his assistant Benjamin D. Wood who developed the multiple-choice test. Multiple-choice testing increased in popularity in the mid-20th century when scanners and data-processing machines were developed to check the result. Christopher P. Sole created the first multiple-choice examination for computers on a Sharp Mz 80 computer in 1982. It was developed to aid people with dyslexia cope with agricultural subjects, as Latin plant names can be difficult to understand and write. Structure Multipl ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Content Validity
In psychometrics, content validity (also known as logical validity) refers to the extent to which a measure represents all facets of a given construct. For example, a depression scale may lack content validity if it only assesses the affective dimension of depression but fails to take into account the behavioral dimension. An element of subjectivity exists in relation to determining content validity, which requires a degree of agreement about what a particular personality trait such as extraversion represents. A disagreement about a personality trait will prevent the gain of a high content validity. Description Content validity is different from face validity, which refers not to what the test actually measures, but to what it superficially appears to measure. Face validity assesses whether the test "looks valid" to the examinees who take it, the administrative personnel who decide on its use, and other technically untrained observers. Content validity requires the use of recogn ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Voluntary National Content Standards In Economics
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Voluntary may refer to: * Voluntary (music) * Voluntary or volunteer, person participating via volunteering/volunteerism * Voluntary muscle contraction See also * Voluntary action * Voluntariness, in law and philosophy * Voluntaryism, rejection of coercion * Voluntarism (other) Voluntarism may refer to: * Doxastic voluntarism, the philosophical view that people choose their own beliefs. * Voluntarism (action), any action based on non-coercion * Voluntarism (philosophy), a perspective in metaphysics and the philosophy of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Standardized Tests In The United States
Standardization or standardisation is the process of implementing and developing technical standards based on the consensus of different parties that include firms, users, interest groups, standards organizations and governments. Standardization can help maximize compatibility, interoperability, safety, repeatability, or quality. It can also facilitate a normalization of formerly custom processes. In social sciences, including economics, the idea of ''standardization'' is close to the solution for a coordination problem, a situation in which all parties can realize mutual gains, but only by making mutually consistent decisions. History Early examples Standard weights and measures were developed by the Indus Valley civilization.Iwata, Shigeo (2008), "Weights and Measures in the Indus Valley", ''Encyclopaedia of the History of Science, Technology, and Medicine in Non-Western Cultures (2nd edition)'' edited by Helaine Selin, pp. 2254–2255, Springer, . The centralized we ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |