Designing Effective Assessments in Economics Courses: Guiding Principles

Abstract

When used correctly assessments play a vital role in the success of a course: they provide valuable feedback to students regarding their knowledge gaps, encourage deeper understanding of the material, help students to develop critical thinking, and guide students to accomplish a course’s learning goals. They also provide a signal to future employers, graduate programs, or instructors of future courses about the quality of a student’s understanding of the material. Used incorrectly, assessments likely achieve none of these. To avoid the latter outcome, this paper helps new instructors by: (1) summarizing pedagogical theory of sound assessment design, (2) applying it to assessment design in economics courses, and (3) assembling examples of assessments from the economics literature for instructors who may wish to experiment with different assignments.

Keywords: Assessments, Pedagogy, Economics, Grading, Critical Thinking

JEL Classification: A2, A20, A22