IDEAS home Printed from https://ideas.repec.org/a/eee/ireced/v35y2020ics1477388020300189.html
   My bibliography  Save this article

Gender and major choice within economics: Evidence from Europe

Author

Listed:
  • Arnold, Ivo J.M.

Abstract

A large literature studies the underrepresentation of female students in economics majors in the United States. This paper adds to this literature by examining gender differences in major choice within an economics bachelor program at a European university. Using a large sample of major students, we document gender differences in the choice of subfields. Female students are strongly underrepresented in finance and overrepresented in accounting. We also test the grade sensitivity hypothesis, according to which the major choice of female students is more responsive to grades. For almost all subfields, major choice is significantly and positively related to the academic performance in the corresponding introductory course(s). The evidence that female students are more sensitive to grades is, however, weak.

Suggested Citation

  • Arnold, Ivo J.M., 2020. "Gender and major choice within economics: Evidence from Europe," International Review of Economics Education, Elsevier, vol. 35(C).
    • Handle: RePEc:eee:ireced:v:35:y:2020:i:c:s1477388020300189
    DOI: 10.1016/j.iree.2020.100191
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1477388020300189
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.iree.2020.100191?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Catherine C. Eckel & Philip J. Grossman, 2002. "Sex Differences and Statistical Stereotyping in Attitudes Toward Financial Risk," Monash Economics Working Papers archive-03, Monash University, Department of Economics.
    2. Tatyana Avilova & Claudia Goldin, 2018. "What Can UWE Do for Economics?," AEA Papers and Proceedings, American Economic Association, vol. 108, pages 186-190, May.
    3. Ferber, Marianne A, 1995. "The Study of Economics: A Feminist Critique," American Economic Review, American Economic Association, vol. 85(2), pages 357-361, May.
    4. Anusha Chari & Paul Goldsmith-Pinkham, 2017. "Gender Representation in Economics Across Topics and Time: Evidence from the NBER Summer Institute," Working Papers 2017-081, Human Capital and Economic Opportunity Working Group.
    5. Massimo Anelli & Giovanni Peri, 2013. "Peer Gender Composition and Choice of College Major," NBER Working Papers 18744, National Bureau of Economic Research, Inc.
    6. Marianne Johnson & Denise Robson & Sarinda Taengnoi, 2014. "A Meta-analysis of the Gender Gap in Performance in Collegiate Economics Courses," Review of Social Economy, Taylor & Francis Journals, vol. 72(4), pages 436-459, October.
    7. Ann L. Owen, 2010. "Grades, Gender, and Encouragement: A Regression Discontinuity Analysis," The Journal of Economic Education, Taylor & Francis Journals, vol. 41(3), pages 217-234, June.
    8. Roberta Edgecombe Robb & A. Leslie Robb, 1999. "Gender and the Study of Economics: The Role of Gender of the Instructor," The Journal of Economic Education, Taylor & Francis Journals, vol. 30(1), pages 3-19, January.
    9. Karen E. Dynan & Cecilia Elena Rouse, 1997. "The Underrepresentation of Women in Economics: A Study of Undergraduate Economics Students," The Journal of Economic Education, Taylor & Francis Journals, vol. 28(4), pages 350-368, December.
    10. Paul W. Grimes, 2002. "The Overconfident Principles of Economics Student: An Examination of a Metacognitive Skill," The Journal of Economic Education, Taylor & Francis Journals, vol. 33(1), pages 15-30, January.
    11. Kevin N. Rask & Elizabeth M. Bailey, 2002. "Are Faculty Role Models? Evidence from Major Choice in an Undergraduate Institution," The Journal of Economic Education, Taylor & Francis Journals, vol. 33(2), pages 99-124, June.
    12. Sam Allgood & William B. Walstad & John J. Siegfried, 2015. "Research on Teaching Economics to Undergraduates," Journal of Economic Literature, American Economic Association, vol. 53(2), pages 285-325, June.
    13. Rask, Kevin & Tiefenthaler, Jill, 2008. "The role of grade sensitivity in explaining the gender imbalance in undergraduate economics," Economics of Education Review, Elsevier, vol. 27(6), pages 676-687, December.
    14. Catherine Porter & Danila Serra, 2020. "Gender Differences in the Choice of Major: The Importance of Female Role Models," American Economic Journal: Applied Economics, American Economic Association, vol. 12(3), pages 226-254, July.
    15. Tisha L. N. Emerson & KimMarie McGoldrick & John J. Siegfried, 2018. "The Gender Gap in Economics Degrees: An Investigation of the Role Model and Quantitative Requirements Hypotheses," Southern Economic Journal, John Wiley & Sons, vol. 84(3), pages 898-911, January.
    16. Tisha L. N. Emerson & KimMarie McGoldrick & Kevin J. Mumford, 2012. "Women and the Choice to Study Economics," The Journal of Economic Education, Taylor & Francis Journals, vol. 43(4), pages 349-362, October.
    17. Richard Sabot & John Wakeman-Linn, 1991. "Grade Inflation and Course Choice," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 159-170, Winter.
    18. Lindsay Noble Calkins & Andrew Welki, 2006. "Factors that influence choice of major: why some students never consider economics," International Journal of Social Economics, Emerald Group Publishing, vol. 33(8), pages 547-564, August.
    19. Ray Bachan & Michael Barrow, 2006. "Modelling Curriculum Choice at A-level: Why is Business Studies More Popular than Economics?," International Review of Economic Education, Economics Network, University of Bristol, vol. 5(2), pages 58-80.
    20. Shelly Lundberg & Jenna Stearns, 2019. "Women in Economics: Stalled Progress," Journal of Economic Perspectives, American Economic Association, vol. 33(1), pages 3-22, Winter.
    21. Jianakoplos, Nancy Ammon & Bernasek, Alexandra, 1998. "Are Women More Risk Averse?," Economic Inquiry, Western Economic Association International, vol. 36(4), pages 620-630, October.
    22. Anusha Chari & Paul Goldsmith-Pinkham, 2017. "Gender representation in economics across topics and time: evidence from the NBER," Staff Reports 825, Federal Reserve Bank of New York.
    23. Ulf Zölitz & Jan Feld, 2017. "The effect of peer gender on major choice," ECON - Working Papers 270, Department of Economics - University of Zurich, revised Aug 2018.
    24. Henrique Monteiro & Alexandra Ferreira Lopes, 2007. "A Benchmarking of the Undergraduate Economics Major in Europe and the United States," International Review of Economic Education, Economics Network, University of Bristol, vol. 6(2), pages 9-26.
    25. Li, Hsueh-Hsiang, 2018. "Do mentoring, information, and nudge reduce the gender gap in economics majors?," Economics of Education Review, Elsevier, vol. 64(C), pages 165-183.
    26. Julie A. Nelson, 2013. "'Would women leaders have prevented the global financial crisis?' Teaching critical thinking by questioning a question," International Journal of Pluralism and Economics Education, Inderscience Enterprises Ltd, vol. 4(2), pages 192-209.
    27. Andrew Worthington & Helen Higgs, 2003. "Factors explaining the choice of a finance major: the role of students' characteristics, personality and perceptions of the profession," Accounting Education, Taylor & Francis Journals, vol. 12(1), pages 1-21.
    28. Basit Zafar, 2013. "College Major Choice and the Gender Gap," Journal of Human Resources, University of Wisconsin Press, vol. 48(3), pages 545-595.
    29. William B. Walstad & Denise Robson, 1997. "Differential Item Functioning and Male-Female Differences on Multiple-Choice Tests in Economics," The Journal of Economic Education, Taylor & Francis Journals, vol. 28(2), pages 155-171, June.
    30. Laura J. Ahlstrom & Carlos J. Asarta, 2019. "The Gender Gap in Undergraduate Economics Course Persistence and Degree Selection," AEA Papers and Proceedings, American Economic Association, vol. 109, pages 255-260, May.
    31. Clifford Nowell & Richard M. Alston, 2007. "I Thought I Got an A! Overconfidence Across the Economics Curriculum," The Journal of Economic Education, Taylor & Francis Journals, vol. 38(2), pages 131-142, April.
    32. Cynthia Bansak & Martha Starr, 2010. "Gender Differences in Predispositions towards Economics," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 36(1), pages 33-57.
    33. John F. Chizmar, 2000. "A Discrete-Time Hazard Analysis of the Role of Gender in Persistence in the Economics Major," The Journal of Economic Education, Taylor & Francis Journals, vol. 31(2), pages 107-118, June.
    34. John Ashworth & J. Lynne Evans, 2001. "Modeling Student Subject Choice at Secondary and Tertiary Level: A Cross-Section Study," The Journal of Economic Education, Taylor & Francis Journals, vol. 32(4), pages 311-320, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Megalokonomou, Rigissa & Vidal-Fernandez, Marian & Yengin, Duygu, 2021. "Underrepresentation of Women in Undergraduate Economics Degrees in Europe: A Comparison with STEM and Business," IZA Policy Papers 175, Institute of Labor Economics (IZA).
    2. Leiv Opstad, 2023. "The Relationship Between Norwegian Business Students’ Attitudes Towards Mathematics And Success In Business Education," International Journal of Teaching and Education, European Research Center, vol. 11(1), pages 47-60, December.
    3. Graziella Bertocchi & Luca Bonacini & Marina Murat, 2021. "Adams and Eves: The Gender Gap in Economics Majors," EIEF Working Papers Series 2115, Einaudi Institute for Economics and Finance (EIEF), revised Dec 2021.
    4. Graziella Bertocchi & Luca Bonacini & Marina Murat, 2023. "Adams and Eves: High school math and the gender gap in Economics majors," Economic Inquiry, Western Economic Association International, vol. 61(4), pages 798-817, October.
    5. Graziella Bertocchi & Luca Bonacini & Marina Murat, 2021. "Adams and Eves: The Gender Gap in Economics Majors," Department of Economics 0196, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    6. Birdi, Alvin & Cook, Steve & Elliott, Caroline & Lait, Ashley & Mehari, Tesfa & Wood, Max, 2023. "A critical review of recent economics pedagogy literature, 2020–2021," International Review of Economics Education, Elsevier, vol. 43(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Graziella Bertocchi & Luca Bonacini & Marina Murat, 2021. "Adams and Eves: The Gender Gap in Economics Majors," EIEF Working Papers Series 2115, Einaudi Institute for Economics and Finance (EIEF), revised Dec 2021.
    2. Graziella Bertocchi & Luca Bonacini & Marina Murat, 2023. "Adams and Eves: High school math and the gender gap in Economics majors," Economic Inquiry, Western Economic Association International, vol. 61(4), pages 798-817, October.
    3. Graziella Bertocchi & Luca Bonacini & Marina Murat, 2021. "Adams and Eves: The Gender Gap in Economics Majors," Department of Economics 0196, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    4. Kristin F. Butcher & Patrick McEwan & Akila Weerapana, 2023. "Women's Colleges and Economics Major Choice: Evidence from Wellesley College Applicants," NBER Working Papers 31144, National Bureau of Economic Research, Inc.
    5. Tisha L. N. Emerson & KimMarie McGoldrick & John J. Siegfried, 2018. "The Gender Gap in Economics Degrees: An Investigation of the Role Model and Quantitative Requirements Hypotheses," Southern Economic Journal, John Wiley & Sons, vol. 84(3), pages 898-911, January.
    6. Sierminska, Eva & Oaxaca, Ronald L., 2022. "Gender differences in economics PhD field specializations with correlated choices," Labour Economics, Elsevier, vol. 79(C).
    7. Zachary Ferrara & Carlos J. Asarta, 2023. "The Lived Experiences of Top Women Contributors to Leading Economic Education Journals," The American Economist, Sage Publications, vol. 68(1), pages 110-125, March.
    8. Ann L. Owen, 2010. "Grades, Gender, and Encouragement: A Regression Discontinuity Analysis," The Journal of Economic Education, Taylor & Francis Journals, vol. 41(3), pages 217-234, June.
    9. Todd Pugatch & Elizabeth Schroeder, 2021. "Promoting Female Interest in Economics: Limits to Nudges," AEA Papers and Proceedings, American Economic Association, vol. 111, pages 123-127, May.
    10. David Sabiston & Ambrose Leung & Gianfranco Terrazzano, 2017. "Learning styles and performance in principles of economics: does the gender gap exist?," Economics Bulletin, AccessEcon, vol. 37(4), pages 2935-2944.
    11. Grace Eau & Derek Hoodin & Tareena Musaddiq, 2022. "Testing the effects of adaptive learning courseware on student performance: An experimental approach," Southern Economic Journal, John Wiley & Sons, vol. 88(3), pages 1086-1118, January.
    12. Griffith, Amanda L. & Main, Joyce B., 2019. "First impressions in the classroom: How do class characteristics affect student grades and majors?," Economics of Education Review, Elsevier, vol. 69(C), pages 125-137.
    13. Rask, Kevin, 2010. "Attrition in STEM fields at a liberal arts college: The importance of grades and pre-collegiate preferences," Economics of Education Review, Elsevier, vol. 29(6), pages 892-900, December.
    14. Paredes, Valentina & Paserman, M. Daniele & Pino, Francisco J., 2020. "Does Economics Make You Sexist?," IZA Discussion Papers 13223, Institute of Labor Economics (IZA).
    15. Carlos J. Asarta & Roger B. Butters & Eric Thompson, 2013. "The Gender Question in Economic Education: Is it the Teacher or the Test?," Working Papers 13-12, University of Delaware, Department of Economics.
    16. Engelhardt, Bryan & Johnson, Marianne & Meder, Martin E., 2021. "Learning in the time of Covid-19: Some preliminary findings," International Review of Economics Education, Elsevier, vol. 37(C).
    17. Marianne Johnson & Denise Robson & Sarinda Taengnoi, 2014. "A Meta-analysis of the Gender Gap in Performance in Collegiate Economics Courses," Review of Social Economy, Taylor & Francis Journals, vol. 72(4), pages 436-459, October.
    18. Hadsell, Lester, 2020. "Not for want of trying: Effort and Success of women in principles of microeconomics," International Review of Economics Education, Elsevier, vol. 35(C).
    19. Bottan, Daria & McKee, Douglas & Orlov, George & McDougall, Anna, 2022. "Racial and gender achievement gaps in an economics classroom," International Review of Economics Education, Elsevier, vol. 40(C).
    20. Verónica Amarante & Marisa Bucheli & María Inés Moraes & Tatiana Pérez, 2021. "Women in Research in Economics in Uruguay," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 40(84), pages 763-790, October.

    More about this item

    Keywords

    Economics education; Major choice; Undergraduate economics;
    All these keywords.

    JEL classification:

    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ireced:v:35:y:2020:i:c:s1477388020300189. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/international-review-of-economics-education .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.