IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v7y2000i8p493-496.html
   My bibliography  Save this article

How do university students value economics courses? A hedonic approach

Author

Listed:
  • Omer Gokcekus

Abstract

This paper adopts a hedonic approach and uses a multinomial logit model to assess students' valuation of courses based on their characteristics, e.g. presentation, organization, knowledge, accessibility, responsiveness, enthusiasm of the instructor (i.e. instructor), student's amount and type of thinking (i.e. intellectual stimulation), and how demanding a course is (i.e. demand level). Students applied the same quality standards consistently across courses regardless of the class size and the title, degree and position of the instructor. However, elective courses valued more favourably. The most important course attribute is the instructor, intellectual stimulation is the close second, and demand level has a negative impact on the value of a course. Yet, having found that intellectual stimulation's positive contribution is much bigger than the negative impact of demand level, the following emerges as an important yard stick for increasing the value of a course: as long as intellectual stimulation level gets higher, students are willing to put more time into a course.

Suggested Citation

  • Omer Gokcekus, 2000. "How do university students value economics courses? A hedonic approach," Applied Economics Letters, Taylor & Francis Journals, vol. 7(8), pages 493-496.
    • Handle: RePEc:taf:apeclt:v:7:y:2000:i:8:p:493-496
    DOI: 10.1080/13504850050033238
    as

    Download full text from publisher

    File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850050033238&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504850050033238?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Michael K. Salemi & Carlie Eubanks, 1996. "Accounting for the Rise and Fall in the Number of Economics Majors with the Discouraged-Business-Major Hypothesis," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(4), pages 350-361, October.
    2. John J. Siegfried, 1996. "The Economist's Handbook: A Research and Writing Guide . by Thomas L. Wyrick," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(3), pages 286-288, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Joe Hirschberg & Jenny Lye & Martin Davies & Carol Johnston, 2011. "Measuring Student Experience: Relationships between Teaching Quality Instruments (TQI) and Course Experience Questionnaire (CEQ)," Department of Economics - Working Papers Series 1134, The University of Melbourne.
    2. Martin Davies & Joe Hirschberg & Jenny Lye & Carol Johnston & Ian Mcdonald, 2007. "Systematic Influences On Teaching Evaluations: The Case For Caution," Australian Economic Papers, Wiley Blackwell, vol. 46(1), pages 18-38, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andrew Worthington & Helen Higgs, 2003. "Factors explaining the choice of a finance major: the role of students' characteristics, personality and perceptions of the profession," Accounting Education, Taylor & Francis Journals, vol. 12(1), pages 1-21.
    2. Fan, Hong & Song, Xiaofei, 2020. "The advantages of combining mobile technology and audience response systems," Journal of Accounting Education, Elsevier, vol. 50(C).
    3. Andrew C. Worthington & Helen Higgs, 2000. "Student Perceptions of the Profession and the Decision to Major in Economics," School of Economics and Finance Discussion Papers and Working Papers Series 085, School of Economics and Finance, Queensland University of Technology.
    4. William B. Walstad, 1996. "Recent Research on the Economics Major: Comment," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(4), pages 371-375, October.
    5. Robst, John & VanGilder, Jennifer, 2016. "Salary and job satisfaction among economics and business graduates: The effect of match between degree field and job," International Review of Economics Education, Elsevier, vol. 21(C), pages 30-40.
    6. John J. Siegfried & David K. Round, 2001. "International Trends in Economics Degrees During the 1990s," The Journal of Economic Education, Taylor & Francis Journals, vol. 32(3), pages 203-218, January.
    7. Sam Allgood & William B. Walstad, 1999. "What Do College Seniors Know about Economics?," American Economic Review, American Economic Association, vol. 89(2), pages 350-354, May.
    8. Robert Duval-Hernández & F. Alejandro Villagómez, 2011. "Trends and Characteristics of Economics Degrees in a Developing Country: The Case of Mexico," The Journal of Economic Education, Taylor & Francis Journals, vol. 42(1), pages 87-94, January.
    9. Hirschel Kasper, 2008. "Sources of Economics Majors: More Biology, Less Business," Southern Economic Journal, John Wiley & Sons, vol. 75(2), pages 457-472, August.
    10. Carmen Aina & Chiara Mussida & Gabriele Lombardi, 2023. "Are Business and Economics Alike?," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(2), pages 557-585, July.
    11. John J. Siegfried, 2011. "The Economics Major in the United States," Chapters, in: Gail M. Hoyt & KimMarie McGoldrick (ed.), International Handbook on Teaching and Learning Economics, chapter 68, Edward Elgar Publishing.
    12. Tisha L. N. Emerson & KimMarie McGoldrick & John J. Siegfried, 2018. "The Gender Gap in Economics Degrees: An Investigation of the Role Model and Quantitative Requirements Hypotheses," Southern Economic Journal, John Wiley & Sons, vol. 84(3), pages 898-911, January.
    13. Gary M. Fournier & Tim R. Sass, 2000. "Take My Course, Please : The Effects of the Principles Experience on Student Curriculum Choice," The Journal of Economic Education, Taylor & Francis Journals, vol. 31(4), pages 323-339, December.
    14. Bruce M. Skoorka & Carol M. Condon, 2002. "Factors Underlying Trends in Economics Majors: A Cause for Concern?," The American Economist, Sage Publications, vol. 46(2), pages 54-64, October.
    15. David Brasfield & Dannie Harrison & James McCoy & Martin Milkman, 1996. "Why Have Some Schools Not Experienced a Decrease in the Percentage of Students Majoring in Economics?," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(4), pages 362-370, October.
    16. John J. Siegfried & Michael K. Salemi, 1999. "The State of Economic Education," American Economic Review, American Economic Association, vol. 89(2), pages 355-361, May.
    17. John Marangos, 2012. "The ‘discouraged-business-major’ hypothesis: policy implications," Education Economics, Taylor & Francis Journals, vol. 20(4), pages 430-446, September.
    18. Scott M. Fuess Jr., 2001. "Globalizing the Economics Curriculum: A View from Japan," The American Economist, Sage Publications, vol. 45(2), pages 40-50, October.
    19. Kevin J. Mumford & Matthew W. Ohland, 2011. "Student Performance in Undergraduate Economics Courses," The Journal of Economic Education, Taylor & Francis Journals, vol. 42(3), pages 275-282, July.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:7:y:2000:i:8:p:493-496. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.