The Rise and Fall (?) of Economics in Australian Universities

Maxwell, Philip

doi:10.1111/j.1759-3441.2003.tb00338.x

Cited by 11 publications

(7 citation statements)

References 9 publications

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“…For more than two decades the popularity of the economics degree in Australian universities has been in decline. Just over a decade ago Maxwell (2003) wrote on 'The Rise and Fall (?) of Economics in Australian Universities'.…”

Section: Decline and Fallmentioning

confidence: 99%

Is Academic Economics Withering in Australia?

Lodewijks¹,

Stokes²

2014

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Section: Decline and Fallmentioning

confidence: 99%

Is Academic Economics Withering in Australia?

Lodewijks¹,

Stokes²

2014

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“…For example, the Great Depression led a whole generation of young people into studying economics, especially in the UK and the USA, and even in Australia (Maxwell, ; Millmow & Tuck, ). Besides the effects of the Great Depression that led to a quarter of the population being unemployed, the public's perception was that more economists would make the world a better place.…”

Section: Discussionmentioning

confidence: 99%

“…Alauddin and Valadkhani () add to these reasons, the less than appropriate product for an increasingly diverse clientele and the use of less experienced teaching staff in lower undergraduate courses. Also, a variety of studies have identified that the reasons for the reduction in economics enrolments are that economics: is poorly perceived by potential students, has a declining public image, is a hard rigorous subject, has no clear link with securing a good job, is associated with anachronistic teaching methods and content and is of dubious quality (Lewis & Norris, ; Millmow, , ; Alvey & Smith, ; Ashworth & Evans, ; Fournier & Sass, ; Maxwell, ; Freedman & Blair, ). In contrast, business degrees have become very popular.…”

Section: Literature Reviewmentioning

confidence: 99%

Factors that Determine the Decline in University Student Enrolments in Economics in Australia: An Empirical Investigation

2013

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This study attempts to determine empirically the factors that influence enrolments in economics and business based on data from a panel of Australian universities. Using a two‐equation dynamic reduced‐form system, our results indicate the following: past year enrolments in a certain field of study have the highest impact on that field of study; in periods of recession enrolments favour economics; female enrolments favour business studies over economics; an increase in total enrolments has a small negative effect on economics enrolments; and finally, there is a positive impact of the eight leading Australian universities (‘Group of Eight’) on economics enrolments.

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“…Effective teaching of economics at the university level in the US appears onerous because economics is divisible into distinct disciplines of contenders, several of which match superbly with the political philosophies in the US. Economics as a discipline has ominously weakened in status (Becker, 2004;Maxwell, 2003;Millmow, 2002Millmow, , 2009Millmow, , 2010Round & Shanahan, 2010;Siegfried & Round, 2001), in recent years. These relative variations caused by endogenous and exogenous features to the economics discipline have significantly confronted economists in the academic world (Alauddin & Butler, 2004), particularly in the teaching extent.…”

Section: Introductionmentioning

confidence: 99%

Utility Maximization Model of Teaching Effectiveness in Economics

Mansaray¹

2018

IJARBSS

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The current research explored the utility maximization concept of teaching effectiveness of economics with the application of the student ratings of instruction (SRI) measuring device at a university in the southeastern US. The research methodology was quantitative, and the data were the 175 students' responses on definite items of teaching efficiency for the spring 2017 semester SRI survey at the university. Using the Cronbach's alpha statistic, the results disclosed the alpha for the 15 items on the measuring scale, which in all evaluated teaching efficiency and student motivation at the university was about .95, suggesting the items established a measuring scale that had applied internal stability dependability for the SRI design. Additionally, applying the principal axis factoring with varimax rotation, suggested the two indexes of teaching effectiveness and student self-motivation had robust positive loadings of > .40, and significantly interlinked with teaching effectiveness and student learning success. Consequently, this sanctioned the construct validity of the SRI measuring design in evaluating teaching quality. However, the research was restricted to one semester analysis of the SRI design, which may be insufficient to confirm the generalizability of the design as a measurement of teaching effectiveness. Subsequent scholarships must embrace additional semesters for a comprehensive generalizability.

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The Rise and Fall (?) of Economics in Australian Universities

Cited by 11 publications

References 9 publications

Is Academic Economics Withering in Australia?

Is Academic Economics Withering in Australia?

Factors that Determine the Decline in University Student Enrolments in Economics in Australia: An Empirical Investigation

Utility Maximization Model of Teaching Effectiveness in Economics

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