The cost of economic literacy: How well does a literacy-targeted principle of economics course prepare students for intermediate theory courses?

In a typical economics principles course, students encounter a large number of concepts. In a literacy-targeted course, students study a "short list" of concepts that they can use for the rest of their lives. While a literacy-targeted principles course provides better education for nonmajo...

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Bibliographic Details
Published in:The Journal of economic education 2012-04, Vol.43 (2), p.111-132
Main Authors: Gilleskie, Donna B, Salemi, Michael K
Format: Article
Language:English
Subjects:
Academic grades
Advanced Courses
Bildung
College Instruction
College students
Comparative Analysis
Course Content
Datasets
economic literacy
Economic theory
Economics Education
economics major
Educational evaluation
Grades (Scholastic)
intermediate macroeconomic theory
intermediate microeconomic theory
Introductory Courses
Literacy
Macroeconomics
Majors (Students)
Makroökonomie
Microeconomics
Mikroökonomie
North Carolina
Outcomes of Education
Principles
principles of economics
RESEARCH IN ECONOMIC EDUCATION
Robustness (Statistics)
Students
Studies
Studium
Supply and demand
Teachers
Undergraduate Students
USA
Variable coefficients
Wirtschaft
Wirtschaftstheorie
Womens education
Ökonomie
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Summary:In a typical economics principles course, students encounter a large number of concepts. In a literacy-targeted course, students study a "short list" of concepts that they can use for the rest of their lives. While a literacy-targeted principles course provides better education for nonmajors, it may place economic majors at a disadvantage in postprinciples courses. In this article, the authors test whether students who completed a literacy-targeted principles course earned intermediate theory grades as high as those of students who completed a traditional principles course. The authors' findings indicate that students who complete a literacy-targeted principles course perform no worse in intermediate theory courses than students who complete a traditional principles course.
ISSN:0022-0485
2152-4068
DOI:10.1080/00220485.2012.659639