Julie A. Nelson|Steven M. Sheffrin
Economic Literacy or Economic Ideology?
University of California, Davis|University of California, Davis
test economic literacy tel standardized multiple choice test developed auspices joint council economic education esteemed economists advisory role test economic literacy tel administered many high school economics courses measure economic understanding monitor effectiveness teaching found questions test pronounced ideological slant view biases tel characteristic vices economists weaker moments economists slip thought pattern glorifies laissezfaire microeconomics time favoring keynesian interventionist macroeconomics precisely bias tel next two sections examine ideological components microeconomics macroeconomics respectively part present questions discuss ideological content micro part use tel data bank analyze matched sample students took test course economics empirical exercise allows us address questions title paper taught measured literacy ideology