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

Gail M. Hoyt et al.

American Economist2025https://doi.org/10.1177/05694345251353199article
ABDC C
Weight
0.46

What the paper says

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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https://doi.org/https://doi.org/10.1177/05694345251353199

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@article{gail2025,
  title        = {{How Should We Think About the Intermediate Microeconomics Course in Light of Recent Trends in the Economics Major?}},
  author       = {Gail M. Hoyt et al.},
  journal      = {American Economist},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1177/05694345251353199},
}

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

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Evidence weight

0.46

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.37 × 0.4 = 0.15
M · momentum0.60 × 0.15 = 0.09
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.