Test of Economic Literacy
Encyclopedia
The Test of Economic Literacy or TEL is a standardized test
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, conditions for administering, scoring procedures, and interpretations are consistent and are administered and scored in a...

 of economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

 nationally norm-referenced
Norm-referenced test
A norm-referenced test 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. This estimate is derived from the analysis of test scores and possibly other relevant data...

 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
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...

 (BET), Test of Economic Knowledge
Test of Economic Knowledge
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...

 (TEK) and Test of Understanding in College Economics
Test of Understanding in College Economics
The Test of Understanding in College Economics or TUCE is a standardized test of economics nationally norm-referenced in the United States for use at the undergraduate level, primarily targeting introductory or principles-level coursework in economics...

 (TUCE) ) sponsored and published by the National Council on Economic Education (NCEE) .

The TEL is in its third 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
National Center for Research in Economic Education
The National Center for Research in Economic Education is a non-profit center located at the University of Nebraska-Lincoln in Lincoln, Nebraska, U.S.A. Its primary function is to assist researchers and other organizations with research, assessment and evaluation projects in economics 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 4-option multiple-choice items with content validity
Content validity
In psychometrics, content validity refers to the extent to which a measure represents all facets of a given social 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...

 based on the Voluntary National Content Standards in Economics.

External links

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