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2007

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Educational Assessment, Evaluation, and Research

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Decomposing Consumer Wealth Effects: Evidence On The Role Of Real Estate Assets Following The Wealth Cycle Of 1990-2002, Michael Donihue, Andriy Avramenko Dec 2006

Decomposing Consumer Wealth Effects: Evidence On The Role Of Real Estate Assets Following The Wealth Cycle Of 1990-2002, Michael Donihue, Andriy Avramenko

Michael R Donihue

During the period from 1990 to 2002, U.S. households experienced a dramatic wealth cycle, induced by a 369 percent appreciation in the value of real per capita liquid stock-market assets, followed by a 55 percent decline. However, despite predictions at the time by some analysts relying on life-cycle models of consumption, consumer spending in real terms continued to rise throughout this period. Using data that include the period from 1990 to 2005, traditional approaches to estimating macroeconomic wealth effects on consumption confront two puzzles: (i) econometric evidence of a stable cointegrating relationship among consumption, income, and wealth is weak at …

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Developing Mathematical Literacy, Ross Turner, L Steen, H Burkhardt Dec 2006

Developing Mathematical Literacy, Ross Turner, L Steen, H Burkhardt

Ross Turner

Mathematical literacy has received increasing attention in many countries over the last few years. This is partly driven by concerns of employers that too many students leave school unable to function mathematically at the level needed in the modern world of work. Further, it is increasingly recognised that people can only tackle many of the challenges of modern life effectively if they are mathematically literate in key areas. Planning in personal finance, assessment of risk, design in the home or on the computer screen, and critical appraisal of the flood of statistical information from advertising, politicians and the press — …

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The Roles Of Modelling In Learning Mathematics, Malcolm Swann, Ross Turner, Caroline Yoon, E Muller Dec 2006

The Roles Of Modelling In Learning Mathematics, Malcolm Swann, Ross Turner, Caroline Yoon, E Muller

Ross Turner

This chapter illustrates how Applications and Modelling promote the learning of mathematics by developing the student’s mathematical language and her use of tools, and by developing the learner’s capacity to ask and answer questions in, with, and about mathematics.

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Modelling And Applications In Pisa, Ross Turner Dec 2006

Modelling And Applications In Pisa, Ross Turner

Ross Turner

Several test items from the OECD’s Programme for International Student Assessment (PISA) are now in the public domain. Some of these incorporate elements of modelling. This paper highlights a selection of those items, shows some interesting student outcomes such as gender differences and item difficulty, and poses some questions about the implications of these items for school mathematics.

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In The Balance - The Future Of Australia's Primary Schools, Maxwell Angus, Harriet Olney, John Ainley Dec 2006

In The Balance - The Future Of Australia's Primary Schools, Maxwell Angus, Harriet Olney, John Ainley

Dr John Ainley

Research BackgroundIn the Balance is the report of an investigation into the state of Australian primary schooling, based mainly on evidence provided by staff from a random sample of 160 primary schools. Research Contribution In 2005, the Commonwealth Department of Education, Science and Training (DEST) funded the Australian Primary Principals Association (APPA) to initiate the investigation. APPA in turn commissioned a research team from Edith Cowan University and the Australian Council for Educational Research to undertake the study. Research Significance Generally, participating principals and teachers were grateful for the opportunity to ‘have their say’. In their view, too little account …

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