Measuring Economic Competence of Secondary School Students in Germany

Forthcoming: Journal of Economic Education

54 Pages Posted: 29 May 2020

See all articles by Tim Kaiser

Tim Kaiser

German Institute for Economic Research (DIW Berlin) - Department of International Economics; University of Koblenz-Landau, Department of Economics; University of Koblenz-Landau

Luis Oberrauch

University of Koblenz-Landau

Günther Seeber

University of Koblenz-Landau

Date Written: April 22, 2020

Abstract

We introduce a test of economic competence for German-speaking secondary school students and provide evidence from a large-scale assessment with 6,230 students from grades 7 to 10. The article presents the development and psychometric properties of the scale, along with an investigation of predictors of economic competence. We find evidence of a gender gap favoring male students, lower scores for students with a migration background, and parents’ socioeconomic background being a predictor of test performance. Additionally, the results show sizeable differences between tracks, as well as gains in economic competence across grades in the order of magnitude of 0.06 to 0.20 standard deviation per year. The article concludes with perspectives on an impact evaluation of a curriculum reform introducing mandatory economic education in secondary school.

Keywords: economic competence, economic literacy, item response theory

JEL Classification: A21

Suggested Citation

Kaiser, Tim and Oberrauch, Luis and Seeber, Günther, Measuring Economic Competence of Secondary School Students in Germany (April 22, 2020). Forthcoming: Journal of Economic Education, Available at SSRN: https://ssrn.com/abstract=3590986 or http://dx.doi.org/10.2139/ssrn.3590986

Tim Kaiser (Contact Author)

German Institute for Economic Research (DIW Berlin) - Department of International Economics ( email )

Mohrenstraße 58
Berlin, 10117
Germany

University of Koblenz-Landau, Department of Economics ( email )

56070 Koblenz-Metternich
Germany

University of Koblenz-Landau ( email )

August-Croissant-Str. 5
Landau, 76829
Germany

HOME PAGE: http://www.uni-koblenz-landau.de/

Luis Oberrauch

University of Koblenz-Landau ( email )

56070 Koblenz-Metternich
Germany

Günther Seeber

University of Koblenz-Landau ( email )

56070 Koblenz-Metternich
Germany

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