Evolution of the Masters in Economics

James P. McCoy and Martin I. Milkman

The Journal of Economic Education, 2006, vol. 37, issue 4, 470-476

Abstract: In this article, the authors update their previous study of terminal master's degree in economics programs to determine whether changes in the characteristics and students or the desired outcomes of master's programs have occurred during the decade between the two studies. The authors find that there are now fewer programs and on average, there has been a reduction in rigor in terms of degree requirements. They also find some evidence for increased diversity of faculty in these programs. The average number of students in programs remained about the same over the decade, but the average number of faculty serving these students decreased. While some differences are found, overall the authors conclude that master's in economics programs have not dramatically changed over the past 10 years.

Date: 2006
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DOI: 10.3200/JECE.37.4.470-476

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