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Economics

The National Assessment of Educational Progress (NAEP) economics assessment results present a broad view of how well our nation’s twelfth-grade students understand economics and the workings of domestic and international economics. Results are available at grade 12 in 2012 and in 2006 when the first NAEP economics assessment was administered. The most recent economics assessment was given in 2012 to approximately 10,900 students in grade 12.

Economics assessment 2012

There was no significant change in the overall average economics score of twelfth-grade students from 2006 to 2012.

Student sitting in front of chalkboard drawing of economic cycle. Student studying on a computer and a book.

What Questions Are on the Test

The NAEP economics framework defines content areas and levels of complexity for questions on NAEP. Using the dashboard below, explore sample questions from recent economics assessments by subject, content area, and range of difficulty. Sample Questions are sourced from the NAEP Questions Tool, a database which houses over 3,000 assessment questions.

How Results Are Reported

Academic achievement in economics is presented in two ways on The Nation's Report Card: scale scores and NAEP achievement levels.

  • Scale scores represent how students performed on the economics assessment. Scores are aggregated and reported for diverse student groups for the nation, states, and districts.
  • NAEP achievement levels are performance standards that describe what students should know and be able to do.

Results are reported as percentages of students performing at or above three NAEP achievement levels (NAEP Basic, NAEP Proficient, and NAEP Advanced). Students performing at or above the NAEP Proficient level on NAEP assessments demonstrate solid academic performance and competency over challenging subject matter. It should be noted that the NAEP Proficient achievement level does not represent grade level proficiency as determined by other assessment standards (e.g., state or district assessments).

Item maps illustrate how specific economics knowledge and skills correspond to different NAEP achievement levels. Item maps answer the question, "What does it mean for students to be at NAEP Basic, NAEP Proficient, or NAEP Advanced in terms of what they know and can do?"

Computer monitor displaying icons of data and charts.

Last updated 04 August 2025 (AA)