Chicken-and-egg problem: Non-economics majors don’t think economically enough to choose fields on the basis of their remuneration?
That seems to explain why Econ majors get a premium, but that doesn’t seem to explain why econ majors don’t rank higher, or am I missing something?
Chicken-and-egg problem: Non-economics majors don’t think economically enough to choose fields on the basis of their remuneration?
That seems to explain why Econ majors get a premium, but that doesn’t seem to explain why econ majors don’t rank higher, or am I missing something?