Basic Economics Test
The Basic Economics Test or BET is a standardized test of economics nationally norm-referenced in the United States for use in the upper-grade levels of elementary schools. It is one of four grade-level specific standardized economics tests (i.e., Test of Economic Knowledge (TEK), Test of Economic Literacy (TEL) and Test of Understanding in College Economics (TUCE)) sponsored and published by the National Council on Economic Education (NCEE) .
The BET is in its second edition and is available, along with an examiner’s manual, for teachers, school administrators and researchers through the NCEE. The revision process took place at the National Center for Research in Economic Education (NCREE) and included norm-references that consisted of teacher and student participation from over 100 high schools across the United States. The TEL has two parallel forms that are each comprised of thirty 4-option multiple-choice items with content validity based on the Voluntary National Content Standards in Economics.