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


  • Monteiro, Henrique
  • Ferreira Lopes, Alexandra


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.

Suggested Citation

  • Monteiro, Henrique & Ferreira Lopes, Alexandra, 2006. "A Comparison of the Undergraduate Economics Major in Europe and in the United States," MPRA Paper 771, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:771

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    References listed on IDEAS

    1. Manfred Gärtner, 2001. "Teaching Economics to Undergraduates in Europe: Volume, Structure, and Contents," The Journal of Economic Education, Taylor & 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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    More about this item


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

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate

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