{"title":"Teaching Methods in Undergraduate Intermediate Theory, Statistics and Econometrics, and Other Upper-Division Economics Courses: Results From a Sixth National Quinquennial Survey","authors":"Cynthia L. Harter, Carlos J. Asarta","doi":"10.1177/05694345211037904","DOIUrl":"https://doi.org/10.1177/05694345211037904","url":null,"abstract":"This article is an extension of a recent article published in The American Economist (Asarta et al., 2021) and presents the second report of basic findings from the 2020 online administration of the sixth national quinquennial survey on teaching and assessment methods in economics. Consistent with the results from the first report, we find that “chalk and talk” remains the staple method of instruction across the entire undergraduate economics curriculum. Lessons, activities, and references that address diversity, inclusion, or gender issues are almost never used in intermediate theory, statistics and econometrics, and other upper-division field courses. There has been notable growth in the use of cooperative learning/small-group assignments, as well as in instructor-led and “student(s) with student(s)” discussions over the past 25 years. Overall, however, there have been minimal changes in teaching methods over time. JEL Classifications : A20, A22","PeriodicalId":85623,"journal":{"name":"The American economist","volume":"67 1","pages":"132 - 146"},"PeriodicalIF":0.0,"publicationDate":"2021-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44776345","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Book Review: The Fabric of Civilization: How Textiles Made the World, by Postrel, V.","authors":"J. Dalton","doi":"10.1177/05694345211035460","DOIUrl":"https://doi.org/10.1177/05694345211035460","url":null,"abstract":"proportion of women hired by 18 percentage points (Devine et al., 2017). The third strategy that has shown favorable results is targeted mentoring. The American Economic Association’s Committee on the Status of Women in the Economics Profession has conducted two-day mentoring workshops since 2004. The program is often oversubscribed, which allowed the group to conduct an RCT to study the effects of participating in the mentoring activities. Three years after the mentoring workshops, participants in the program had more publications overall, and also more publications in top-tier journals compared to the control group (Blau et al., 2010). The results of the follow-up study are summarized in Chapter 17 of the edited volume. Ginther, Currie, Blau, and Croson found that participation in the mentoring workshop increased the probability of receiving tenure at a top-50 ranked institution by 9.0 percentage points (p. 126). Buckles describes these interventions as “promising” and “for which the evidence of efficacy is strong, and the estimated benefits are large relative to their costs” (p. 131). In sum, this edited volume provides an excellent overview of the history of women’s struggle to earn equal treatment in the field of economics, challenges and biases that persist, and strategies that have shown potential in advancing women through the academic pipeline in economics. I highly recommend this volume to both experts and non-experts. Perhaps this second gender awakening will move the field closer to the goal of achieving a more supportive and inclusive environment for all of its practitioners, both male and female.","PeriodicalId":85623,"journal":{"name":"The American economist","volume":"67 1","pages":"152 - 155"},"PeriodicalIF":0.0,"publicationDate":"2021-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/05694345211035460","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45086575","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Behavioral Economics in the First-Year Experience","authors":"M. Lesser","doi":"10.1177/05694345211027821","DOIUrl":"https://doi.org/10.1177/05694345211027821","url":null,"abstract":"Many colleges and universities have put in place some form of freshman or first-year experience. This article suggests the use of a course in behavioral economics when the first-year experience has an academic basis and demonstrates how such a course can assist in the achievement of acculturation goals as well as help diagnose areas of strength and weakness in academic preparedness. JEL Classifications: A20, A22, D90, D91","PeriodicalId":85623,"journal":{"name":"The American economist","volume":"67 1","pages":"106 - 115"},"PeriodicalIF":0.0,"publicationDate":"2021-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/05694345211027821","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45751886","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Guide to Using the Synthetic Control Method to Quantify the Effects of Shocks, Policies, and Shocking Policies","authors":"B. Adhikari","doi":"10.1177/05694345211019714","DOIUrl":"https://doi.org/10.1177/05694345211019714","url":null,"abstract":"Governments introduce various policies intending to improve the overall economy or to influence individual behavior. However, estimating the causal impact of these policies is challenging. I describe how the Synthetic Control Method (SCM) can be used in undergraduate econometrics or capstone courses to estimate the impact of economic policies. The SCM is a data-driven design that provides a systematic way of constructing a comparison group that looks very similar to the group implementing the policy. Thus, it allows us to estimate the policy’s impact by comparing the outcome variable’s post-policy path between the policy group and the comparison group. I review a broad range of policies and events that are analyzed using this method, briefly describe the theory behind the method, discuss various best practices, and provide a step-by-step implementation guide using the adoption of a value-added tax (VAT) by France as an example. JEL Classifications: C01, A1, A2","PeriodicalId":85623,"journal":{"name":"The American economist","volume":"67 1","pages":"46 - 63"},"PeriodicalIF":0.0,"publicationDate":"2021-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/05694345211019714","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45203289","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Graphical Exposition of the Profit Maximizing Two-Part Tariff","authors":"Frederick Chen","doi":"10.1177/05694345211019721","DOIUrl":"https://doi.org/10.1177/05694345211019721","url":null,"abstract":"This note presents a simple graphical approach for deriving the profit maximizing two-part tariff when there are two types of consumers in the market. The exposition covers both the case in which a monopoly can offer only one two-part tariff plan and the case in which the monopoly can offer two different plans. JEL Classification: D4","PeriodicalId":85623,"journal":{"name":"The American economist","volume":"67 1","pages":"116 - 122"},"PeriodicalIF":0.0,"publicationDate":"2021-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/05694345211019721","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45297156","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Treatment Effect of Business Education on the Supply of High School Entrepreneurs in Atlanta and New Orleans","authors":"G. Price, Chris W. Surprenant","doi":"10.1177/05694345211016310","DOIUrl":"https://doi.org/10.1177/05694345211016310","url":null,"abstract":"Strengthening the pathway to entrepreneurship for high school students could be important in regions of the United States where economic mobility is low. We examine the impact of high school business education on the decision to be a self-employed entrepreneur in two southeastern urban U.S. high schools. We appeal to a potential-outcomes framework to estimate the treatment effect of having taken a business and coding/programming course in high school on actually being a self-employed entrepreneur, and planning to do so in the future. We find evidence that having taken a business course in high school increases the likelihood of actually being a self-employed entrepreneur, and on planning to be one in the future. Our results suggest that, at least in Atlanta and New Orleans, urban high school business education can be effective in increasing the supply of entrepreneurs, which could improve economic mobility in these urban regions. JEL Classification : C14, C21, E10, I26, J01, J20, J40, M13","PeriodicalId":85623,"journal":{"name":"The American economist","volume":"67 1","pages":"85 - 98"},"PeriodicalIF":0.0,"publicationDate":"2021-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/05694345211016310","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46249323","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Mathematical Revolution in Economics: Factor Flows in the Production of Academics","authors":"Dennis L. Weisman","doi":"10.1177/05694345211008454","DOIUrl":"https://doi.org/10.1177/05694345211008454","url":null,"abstract":"The main theme of this essay is that the mathematical revolution in economics precipitated factor flows in the production of academics, wherein able, if not creative, mathematicians moved into economics to earn large rents. This “technical migration” set in motion a counterproductive path dependency from which the discipline may find it difficult to extricate itself. A secondary theme explores the disparate views of Keynes and Schumpeter on economics as an “exact science” and the role that mathematics should play. The seminal question is not whether mathematics is an important tool for economic analysis, because this is not a debatable proposition, but whether the deification of mathematics has come at too high a cost. This cost includes elevating elegance over substance, discounting the importance of other disciplines, and dissuading gifted undergraduates from pursuing advanced study in economics because they do not aspire to be “mathematicians.” JEL Classifications: A22, A23, B31, B41","PeriodicalId":85623,"journal":{"name":"The American economist","volume":"66 1","pages":"202 - 221"},"PeriodicalIF":0.0,"publicationDate":"2021-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/05694345211008454","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44854621","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Factors Affecting the Availability of Abortion Providers","authors":"M. Medoff","doi":"10.1177/05694345211010541","DOIUrl":"https://doi.org/10.1177/05694345211010541","url":null,"abstract":"This study, using state data, empirically examines the factors affecting the availability of abortion providers over the period 1992–2011. The empirical results found that the labor force participation of women and the percentage of women of reproductive age in the 18–24 age group were positively associated with the number of abortion providers in a state. The level of antiabortion activities and antiabortion attitudes were negatively associated with the number of abortion providers in a state. Also, a state’s abortion rate was positively associated with the number of abortion providers. The enforcement of a parental involvement law by a state significantly deters physicians or organizations from becoming or remaining abortion providers. JEL Classifications: I11, I18, K32, K38","PeriodicalId":85623,"journal":{"name":"The American economist","volume":"66 1","pages":"190 - 201"},"PeriodicalIF":0.0,"publicationDate":"2021-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/05694345211010541","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48743936","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Editors’ Note: Farewells, Welcomes, Thanks, Awards, and a Special Issue","authors":"P. Grimes, Carlos J. Asarta","doi":"10.1177/0569434520984663","DOIUrl":"https://doi.org/10.1177/0569434520984663","url":null,"abstract":"","PeriodicalId":85623,"journal":{"name":"The American economist","volume":"66 1","pages":"3 - 6"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/0569434520984663","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44945842","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}