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Does the Performance on Principles of Economics Courses Affect the Overall Academic Success of Undergraduate Business Majors?

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  • Rupert G. Rhodd

    (College of Business)

  • Sandra M. Schrouder

    (Florida Atlantic University)

  • Marcus T. Allen

    (College of Charleston)

Abstract

Using a sample of 1,339 graduates from an accredited business school and the maximum likelihood technique, this paper explores the relationship between overall academic success and performance on the Principles of Economics courses. The estimated model, which also includes some demographic variables, shows that the rank of professors teaching the course, age of students, and the number of credits earned do not influence business majors' overall academic success. However, the grades earned on the Principles of Economics courses, gender, ethnicity, the major in which the student is enrolled, the number of years the student takes to graduate, as well as whether or not the student is completing a minor significantly affect the overall academic success or the final GPA of business majors.

Suggested Citation

  • Rupert G. Rhodd & Sandra M. Schrouder & Marcus T. Allen, 2009. "Does the Performance on Principles of Economics Courses Affect the Overall Academic Success of Undergraduate Business Majors?," International Review of Economic Education, Economics Network, University of Bristol, vol. 8(1), pages 48-63.
  • Handle: RePEc:che:ireepp:v:8:y:2009:i:1:p:48-63
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    File URL: https://www.economicsnetwork.ac.uk/iree/v8n1/rhodd.pdf
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    References listed on IDEAS

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    2. Charles L. Ballard & Marianne F. Johnson, 2004. "Basic Math Skills and Performance in an Introductory Economics Class," The Journal of Economic Education, Taylor & Francis Journals, vol. 35(1), pages 3-23, January.
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    4. J. -P. Vandamme & N. Meskens & J. -F. Superby, 2007. "Predicting Academic Performance by Data Mining Methods," Education Economics, Taylor & Francis Journals, vol. 15(4), pages 405-419.
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