When Economics PhDs are Too Rigorous for Economists

What is an economics degree for? "Marshall Jevons" complains

today that it doesn’t qualify people to get accepted into economics PhD programs:

We have a system where the engineer or the physicist has greater chance of

getting accepted to a PhD in economics than someone who has studied economics

at graduate or undergraduate level- don’t we need to completely change the

content and approach of teaching undergraduate economics?

My answer is that it’s much easier for graduate-level economics students to

take a few mathematics courses if they want to continue on to a PhD than it

is to re-architect entire undergraduate economics classes for the sake of the

small minority of students who might want a doctorate in the subject.

In any event, you’ve gotta love the tone of the Cornell Economics faculty’s

website:

Courses called Mathematics for Economists, Mathematics for Social Scientists,

and Econometrics are not a substitute for formal Mathematics.

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