Some subscribers to TeachEdPsych and TIPS and might be interested in 
"Effects of Problem Based Economics on High School Economics 
Instruction" [Hake (2010)].

The abstract reads:

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ABSTRACT: In "Effects of Problem Based Economics on high school 
economics instruction" [Finklestein et al. (2010)] state: "This 
experiment was designed to test whether problem-based instruction in 
high school economics can result in gains in students' content 
knowledge. The analysis at the primary (student) level indicates that 
students in the spring 2008 semester whose teachers had received 
professional development and support in Problem Based Economics 
outscored their control group peers on the Test of Economic Literacy 
by 2.60 items (effect size = 0.32)." This rather modest effect size 
can be compared with an effect size of 2.43 for the *normalized gain* 
resulting from interactive engagement vs traditional methods in 
introductory mechanics courses (Hake, 2008). Judging from their 
report, Finklestein et al.: (1) are either oblivious or dismissive of 
pre/post testing in the sciences by means of "concept inventories"- 
see  <http://en.wikipedia.org/wiki/Concept_inventory> and 
<http://bit.ly/ceg1Bx>; and (b) believe that RCT's are the "gold 
standard" for determining causality despite "Seventeen Statements by 
Gold-Standard Skeptics #2 [Hake (2010)].
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To access the complete 9 kB post please click on <http://bit.ly/9tYZiO>. 

Richard Hake, Emeritus Professor of Physics, Indiana University
Honorary Member, Curmudgeon Lodge of Deventer, The Netherlands
President, PEdants for Definitive Academic References which Recognize the
       Invention of the Internet (PEDARRII)
<rrh...@earthlink.net>
<http://www.physics.indiana.edu/~hake>
<http://www.physics.indiana.edu/~sdi>
<http://HakesEdStuff.blogspot.com>
<http://iub.academia.edu/RichardHake>

"There is no such thing as economics, only social science applied to 
economic problems."
        Kenneth Boulding


REFERENCES [URL's shortened by <http://bit.ly/>]
Finkelstein, N. , T. Hanson, C-W. Huang, & B. Hirschman. 2010. 
"Effects of Problem Based Economics on high school economics 
instruction," U.S. Dept. of Education, NCEE 2010-4002, U.S. 
Department of Education, online as a 4.5 MB pdf at 
<http://bit.ly/aTIFCV>. I thank David Berliner for informing me of 
this report.

Hake, R.R. 2010. "Effects of Problem Based Economics on High School 
Economics Instruction," online on the OPEN! AERA-L archives at 
<http://bit.ly/9tYZiO>.  Post of 20 Aug 2010 14:01:50-0700 to AERA-L 
and Net-Gold. The abstract and link to the complete post are also 
being transmitted to various discussion lists.
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