Arbeitspapier
Measuring Economic Competence of Youth with a Short Scale
We present a 12-item scale measuring the cognitive component of economic competence and document the psychometric properties of the scale. Using a data set with more than 12,000 secondary school students in Germany, the scale shows high discriminatory power and covers a wide range of ability levels. Analyses of `Differential Item Functioning´ show no item bias across key demographic characteristics, and scores show meaningful associations with scores obtained from adjacent test instruments. Student-level correlates mirror estimates documented in earlier literature on economic and financial literacy as well as results relying on a more extensive scale with over 30 items. The presented short scale enables researchers and practitioners to efficiently measure economic competence of youth.
- Sprache
-
Englisch
- Klassifikation
-
Wirtschaft
Economic Education and Teaching of Economics: Pre-college
Analysis of Education
- Thema
-
economic competence
economic literacy
IRT
measurement
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Oberrauch, Luis
Kaiser, Tim
Seeber, Günther
- Ereignis
-
Veröffentlichung
- (wer)
-
ZBW - Leibniz Information Centre for Economics
- (wo)
-
Kiel, Hamburg
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Oberrauch, Luis
- Kaiser, Tim
- Seeber, Günther
- ZBW - Leibniz Information Centre for Economics
Entstanden
- 2022
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