NDLI: Trends in U.S. economics majors: Why the decline in the 1990s?

Content Provider	Springer Nature Link
Author	Skoorka, Bruce M. Condon, Carol M.
Copyright Year	2003
Abstract	This paper identifies factors that are important in explaining recent trends in undergraduate economics majors. The decline in economics majors during the 1990s has caused concern in the profession because the declining trend had been attributed to a general decrease in student interest in the economics major. This study uses least squares regression techniques to explain trends in economics bechelor degrees granted by 20 New Jersey colleges and universities during the 1979–2000 period, with implications for the national level. The results show that trends in economics majors are primarily a function of demographic trends, business cycle conditions, and the desire to attend post-graduate professional school. None-the-less, the authors conclude that the declining trend in economics majors in the 1990s is still cause for concern because understanding economic principles is important in the development of a globally competitive workforce.
Starting Page	195
Ending Page	204
Page Count	10
File Format	PDF
ISSN	01974254
Journal	Atlantic Economic Journal
Volume Number	31
Issue Number	2
e-ISSN	15739678
Language	English
Publisher	Kluwer Academic Publishers
Publisher Date	2003-01-01
Publisher Place	Boston
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Economics general International Economics Macroeconomics/Monetary Economics Public Finance & Economics Microeconomics
Content Type	Text
Resource Type	Article
Subject	Economics, Econometrics and Finance

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
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3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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