How Should We Think About the Intermediate Microeconomics Course in Light of Recent Trends in the Economics Major?

Recently, the number of undergraduate economics bachelor’s degrees conferred has declined as has the percentage of total degrees conferred to economics majors (IPEDS). Simultaneously, the fraction of economics degrees conferred to econometrics and quantitative economics (STEM-designated) has been rising (IPEDS; Marshall and Underwood 2020). These concurrent trends, alongside a perpetual underrepresentation of females and other minorities in economics, motivate an examination of the core economics curriculum components. This paper discusses aspects of intermediate microeconomics, a foundational and almost universally required course in the economics major and explores how this course may play a role in these trends.

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Publication Details

Journal
The American Economist
Published
2025-06-22
DOI
https://doi.org/10.1177/05694345251353199
Citations
4
Primary Topic
Innovations in Educational Methods
Type
article
Field-Weighted Citation Impact
35.70
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article

How Should We Think About the Intermediate Microeconomics Course in Light of Recent Trends in the Economics Major?

Emily C. Marshall, Anthony Underwood, Roisin O’Sullivan, Darshak Patel et al.
4 citations
The American Economist
Innovations in Educational Methods
35.70
article

How Should We Think About the Intermediate Microeconomics Course in Light of Recent Trends in the Economics Major?

Emily C. Marshall, Anthony Underwood, Roisin O’Sullivan, Darshak Patel, Gail M. Hoyt
article en
4 citations

Abstract

Recently, the number of undergraduate economics bachelor’s degrees conferred has declined as has the percentage of total degrees conferred to economics majors (IPEDS). Simultaneously, the fraction of economics degrees conferred to econometrics and quantitative economics (STEM-designated) has been rising (IPEDS; Marshall and Underwood 2020). These concurrent trends, alongside a perpetual underrepresentation of females and other minorities in economics, motivate an examination of the core economics curriculum components. This paper discusses aspects of intermediate microeconomics, a foundational and almost universally required course in the economics major and explores how this course may play a role in these trends.

The American Economist
Dickinson College (US), University of Kentucky (US), Smith College (US), Denison University (US)
Openalex Percentile: Top 0%
Innovations in Educational Methods
35.70
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