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The Test of Economic Literacy Content, Development,Uses

The Test of Economic Literacy Content, Development,Uses. William Walstad, Professor of Economics University of Nebraska-Lincoln Webinar: November 13, 2013. Objectives for Webinar. Describe the TEL content Explain the TEL development Present the TEL national results

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The Test of Economic Literacy Content, Development,Uses

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  1. The Test of Economic LiteracyContent, Development,Uses William Walstad, Professor of Economics University of Nebraska-Lincoln Webinar: November 13, 2013

  2. Objectives for Webinar • Describe the TEL content • Explain the TEL development • Present the TEL national results • Suggest ways to use TEL • Help you obtain a TEL copy • Examiner’s Manual • Test forms

  3. TEL Content • For high school (grades 10-12) • Multiple-choice test • 45 items on each form • two parallel forms (A and B) • Classroom test • Basic economics • AP/honors economics • Based on CEE content standards

  4. TABLE 1: Distribution of TEL Items by Economics Standards

  5. Item & Rationale

  6. Parallel Items (A & B)

  7. Cognitive Levels • Knowledge (recognition and recall) • Comprehension (understand the meaning) • Application (apply concepts or doing analysis)

  8. Cognitive LevelDistribution • Knowledge………. 13% • Comprehension…… 31% • Application……… 56%

  9. Test Development:Preparation • review and rate existing items (good base– 3 editions) • develop new test items • conduct a field test • prepare norming version

  10. Timeline (2011-2012) • Spring-Summer 2011 • Prepare new test questions • Fall 2011 • Field test • Prepare final norming version • Administer norming version • Winter 2012 • Administer norming version • Spring 2012 • Administer norming version-posttest • Summer 2012 • Data analysis and write manual

  11. Test Results • Overall statistics • Total (with and without econ) • Basic (with and without econ) • Advanced (with and without econ) • Percentile norms • Item difficulty & discrimination • Construct validity data

  12. Percentile Norms

  13. Item Discrimination and Percentage of Correct Responses

  14. Percentage Response to Each Alternative

  15. Test Validity • Content validity: Based on Voluntary National Content Standards in Economics (CEE, 2010) • Construct validity: Expected differences with and without economics

  16. Descriptive Statistics(with and without econ) • Gender • Grade level • Race/ethnicity • Verbal ability • Communication skills • School size • Student/teacher ratio • Percent free lunch • Type of community • Region

  17. Descriptive Statistics Within the Total Norming Sample: TEL Form A

  18. Uses of the TEL • Overall test • Pretest only (knowledge) • Posttest only (knowledge) • Posttest—Pretest (learning) • Comparative Norms—national data • Item analysis • Right and wrong answers • Item rationales • Explain why item is correct • Reports and evaluations

  19. For more test information: TEL Examiner’s manual Thank You!

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