Reports on a study of the economic literacy of 942 adults and compares the results with the economic literacy of high school students. Finds that high school students outscored the adults. Also finds that adult scores were related positively to both the level of education achieved and the completion of an economics course. (CFR)

Reviews literature assessing research about the teaching and learning of high school economics. Examines how student learning has been measured using results from the Test of Economic Literacy (TEL). Considers research design and two models for assessing learning and findings. Concludes standardized test scores do not reveal differences among…