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Accounting for the Rise and Fall in the Number of Economics Majors with the Discouraged-Business-Major Hypothesis

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  • Michael K. Salemi
  • Carlie Eubanks

Abstract

Between 1978 and 1994, the University of North Carolina at Chapel Hill experienced a cycle in the number of economics degrees it conferred that was more pronounced than that experienced nationally. A random sample of UNC economics majors between 1983 and 1994 showed that students screened out of the business curriculum made an economics major their second choice.

Suggested Citation

  • Michael K. Salemi & Carlie Eubanks, 1996. "Accounting for the Rise and Fall in the Number of Economics Majors with the Discouraged-Business-Major Hypothesis," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(4), pages 350-361, October.
    • Handle: RePEc:taf:jeduce:v:27:y:1996:i:4:p:350-361
    DOI: 10.1080/00220485.1996.10844926
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    Cited by:

    1. Carmen Aina & Chiara Mussida & Gabriele Lombardi, 2023. "Are Business and Economics Alike?," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(2), pages 557-585, July.
    2. John J. Siegfried & David K. Round, 2001. "International Trends in Economics Degrees During the 1990s," The Journal of Economic Education, Taylor & Francis Journals, vol. 32(3), pages 203-218, January.
    3. Fan, Hong & Song, Xiaofei, 2020. "The advantages of combining mobile technology and audience response systems," Journal of Accounting Education, Elsevier, vol. 50(C).
    4. William B. Walstad, 1996. "Recent Research on the Economics Major: Comment," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(4), pages 371-375, October.
    5. John J. Siegfried & Michael K. Salemi, 1999. "The State of Economic Education," American Economic Review, American Economic Association, vol. 89(2), pages 355-361, May.
    6. 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.
    7. Scott M. Fuess Jr., 2001. "Globalizing the Economics Curriculum: A View from Japan," The American Economist, Sage Publications, vol. 45(2), pages 40-50, October.
    8. Robert Duval-Hernández & F. Alejandro Villagómez, 2011. "Trends and Characteristics of Economics Degrees in a Developing Country: The Case of Mexico," The Journal of Economic Education, Taylor & Francis Journals, vol. 42(1), pages 87-94, January.
    9. Hirschel Kasper, 2008. "Sources of Economics Majors: More Biology, Less Business," Southern Economic Journal, John Wiley & Sons, vol. 75(2), pages 457-472, August.
    10. John J. Siegfried, 2011. "The Economics Major in the United States," Chapters, in: Gail M. Hoyt & KimMarie McGoldrick (ed.), International Handbook on Teaching and Learning Economics, chapter 68, Edward Elgar Publishing.
    11. 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.
    12. Kevin J. Mumford & Matthew W. Ohland, 2011. "Student Performance in Undergraduate Economics Courses," The Journal of Economic Education, Taylor & Francis Journals, vol. 42(3), pages 275-282, July.
    13. Bruce M. Skoorka & Carol M. Condon, 2002. "Factors Underlying Trends in Economics Majors: A Cause for Concern?," The American Economist, Sage Publications, vol. 46(2), pages 54-64, October.
    14. Omer Gokcekus, 2000. "How do university students value economics courses? A hedonic approach," Applied Economics Letters, Taylor & Francis Journals, vol. 7(8), pages 493-496.
    15. David Brasfield & Dannie Harrison & James McCoy & Martin Milkman, 1996. "Why Have Some Schools Not Experienced a Decrease in the Percentage of Students Majoring in Economics?," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(4), pages 362-370, October.
    16. Sam Allgood & William B. Walstad, 1999. "What Do College Seniors Know about Economics?," American Economic Review, American Economic Association, vol. 89(2), pages 350-354, May.
    17. Gary M. Fournier & Tim R. Sass, 2000. "Take My Course, Please : The Effects of the Principles Experience on Student Curriculum Choice," The Journal of Economic Education, Taylor & Francis Journals, vol. 31(4), pages 323-339, December.
    18. Andrew C. Worthington & Helen Higgs, 2000. "Student Perceptions of the Profession and the Decision to Major in Economics," School of Economics and Finance Discussion Papers and Working Papers Series 085, School of Economics and Finance, Queensland University of Technology.
    19. John Marangos, 2012. "The ‘discouraged-business-major’ hypothesis: policy implications," Education Economics, Taylor & Francis Journals, vol. 20(4), pages 430-446, September.
    20. Robst, John & VanGilder, Jennifer, 2016. "Salary and job satisfaction among economics and business graduates: The effect of match between degree field and job," International Review of Economics Education, Elsevier, vol. 21(C), pages 30-40.

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