The Market Attitudes Inventory: The Development and Testing of Reliability and Validity
Journal of Economics and Economic Education Research
In this article we report the development of a 22-statement survey that measures attitudes towards the market system. We report on the testing of the Market Attitude Inventory (MAI) for reliability and validity. Mean scores on the instrument are reported for a random sample of Midwest high school social studies teachers. We conclude that the MAI is a valid and reliable instrument. The MAI has applications in research, educational outcome assessment, and teaching pedagogy for the measurement and evaluation of attitudes and values towards the workings of the market system in the US.