High schoolers score well on economics, study says

High school seniors have a relatively adequate economics background, according to The Nation’s Report Card, a national evaluation of student performance. This marks the first-ever measurement of high school economic knowledge by a branch of the U.S. Department of Education.

The study, released Wednesday, revealed that 79 percent of students had a basic understanding of economics. Forty-two percent qualified for the proficient level and 3 percent qualified for the advanced level. The results exceeded expectations for some involved with the analysis.