The Test of Economic Literacy and an Evaluation of the DEEP System

Abstract

For many years the Test of Economic Understanding (Science Research Associates) was used to measure economic literacy at the high school level. The new Test of Economic Literacy provides a badly needed replacement for the old TEU. Soper and Brenneke give important technical information about the TEL, which was designed to accompany the Joint Council's Master Curriculum Guide Framework for teaching economics at the precollege levd. In addition, the authors discuss the Developmental Economic Education Program (DEEP) and show how “DEEP school enrollment and its interaction with an economics course at the high school level is the single most important determinant of performance on the TEL.”