6533b7d7fe1ef96bd1267990
RESEARCH PRODUCT
Macroeconomic knowledge of higher education students in Germany and Japan – a multilevel analysis of contextual and personal effects
Sebastian BrücknerMichio YamaokaSusanne SchmidtManuel FörsterTadayoshi AsanoOlga Zlatkin-troitschanskaiasubject
Economic growthHigher educationbusiness.industryKnowledge leveleducation05 social sciencesMultilevel modelEconomics education050301 educationAccountingEducational attainmentMultilevel regressionEducationTest (assessment)Political science0502 economics and businessSignificant positive correlation050207 economicsbusiness0503 educationdescription
Recent trends towards harmonising and internationalising business and economics studies in higher education are affecting the structure and content of programmes and courses, and necessitate more transparent and comparable information on students’ economic knowledge and skills. In this study, we examine by linear multilevel regression modelling the current state of macroeconomic knowledge of higher education students in Germany and Japan, while controlling for the effects of key study-related aspects such as study progress and completion of economics courses. We assess macroeconomic knowledge using the internationally established Test of Understanding in College Economics, which has been adapted and validated for use in Germany and Japan. We found a significant positive correlation between students’ level of knowledge and study progress in both countries, as well as varied gender-related and country-specific differences. Implications for assessment practices and future research are discussed.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2016-03-28 | Assessment & Evaluation in Higher Education |