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Why are Schools Reclassifying Their Economics Major?

Author

Listed:
  • David M. N. Mahon

    (University of Cincinnati)

  • Carlos J. Asarta

    (University of Delaware)

Abstract

This article uses logistic regression analysis to determine which factors are important in whether an institution reclassifies its general economics program to Econometrics and Quantitative Economics (EQE). Using Integrated Postsecondary Education Data System (IPEDS) data, we show that the proportion of international students, the relative size of the economics program, the more selective an institution is, and whether an institution is classified as R1 are all directly related to reclassification to EQE. We also show that factors differ by Carnegie Classification and by institutional control.

Suggested Citation

  • David M. N. Mahon & Carlos J. Asarta, 2024. "Why are Schools Reclassifying Their Economics Major?," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 50(1), pages 103-116, January.
    • Handle: RePEc:pal:easeco:v:50:y:2024:i:1:d:10.1057_s41302-023-00259-w
    DOI: 10.1057/s41302-023-00259-w
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    References listed on IDEAS

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    More about this item

    Keywords

    Degree reclassification; Economics major; Econometrics and Quantitative Economics (EQE); OPT; STEM;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate

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