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A Comparison of the Undergraduate Economics Major in Europe and in the United States

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  • Monteiro, Henrique
  • Ferreira Lopes, Alexandra

Abstract

In this work we compare the undergraduate Economics majors and their underlying structure in the top-ranked Economics departments of Europe and the United States. We identify the fundamental courses usually included in an Economics major by means of a cluster analysis. We further distinguish between those courses which are required and those which are usually offered as electives. We find striking differences between the USA and Europe, especially regarding the nature of the main electives offered. The insights from this comparative study could be especially useful for the ongoing restructuring of undergraduate Economics majors in some European countries caused by the Bologna Process.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 771.

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Date of creation: Mar 2006
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Publication status: Published in International Review of Economics Education 2.6(2007): pp. 9-26
Handle: RePEc:pra:mprapa:771

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Keywords: Undergraduate Economics Major; Bologna Process; Cluster Analysis; United States; Europe;

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  1. Manfred G�rtner, 2001. "Teaching Economics to Undergraduates in Europe: Volume, Structure, and Contents," Journal of Economic Education, Taylor and Francis Journals, vol. 32(3), pages 219-230, January.
  2. William E. Becker, 2000. "Teaching Economics in the 21st Century," Journal of Economic Perspectives, American Economic Association, vol. 14(1), pages 109-119, Winter.
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