The Economic Reward for Studying Economics

Dan Black (), Seth Sanders and Lowell Taylor

Economic Inquiry, 2003, vol. 41, issue 3, pages 365-377

Abstract: Undergraduate advisors in economics departments suggest that the study of economics is good preparation for a variety of careers, including economics, consulting, analysis, and administration, and they argue that economics is a solid prelaw or pre-MBA major. In this article we provide some empirical evidence about each of these contentions. We find that among college graduates who do not earn advanced degrees, economics majors generally earn more than similar individuals with other majors. We show also that among individuals who pursue graduate degree programs in business and law, economics majors earn more than undergraduate majors in most other academic disciplines. (JEL J31) Copyright 2003, Oxford University Press.

JEL-codes: J31 (search for similar items in EconPapers)
Date: 2003
View citations in EconPapers

Downloads: (external link)
http://hdl.handle.net/10.1093/ei/cbg014 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:oup:ecinqu:v:41:y:2003:i:3:p:365-377

Ordering information: This journal article can be ordered from
http://www.oup.co.uk/journals

Access Statistics for this article

Economic Inquiry is edited by Preston McAfee

More articles in Economic Inquiry from Oxford University Press
Address: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Series data maintained by Christopher F. Baum ().