The Economic Statistics Skills Assessment (ESSA)

Abstract

In this paper, we document the design, development, and validation of a new multiple-choice assessment created to test student knowledge and understanding of probability and statistics concepts used in economics. High quality measures of student skills and understanding are useful for course and program evaluation, analysis of pedagogical innovation, and identifying misconceptions and gaps in students’ prerequisite knowledge in more advanced courses. Alternatives such as final examinations often do not provide the desired coverage and are difficult to compare across terms and institutions, and student evaluations of teaching (SETs) may reflect student sentiment rather than the quality of instruction and overall student learning. Until now, the only standard assessment appropriate for undergraduate economics courses was the Test of Understanding College Economics (TUCE), which tests introductory economics knowledge.