The Making of a European Economist
The book is fascinating to read not only by someone like me who is not really an economist, but has been close to the field and has been teaching students of economics for a long time, but mainly by policymakers both in the field of higher education and in other fields like business where the larger aspects of societal changes are more and more apparent. The book is even more worth-reading to an audience of economics professors, researchers, students and particularly policymakers who are waiting for input from economic higher education. . . Mariana Nicolae, Journal of Philosophical Economics In this captivating volume, David Colander scrutinizes economics in Europe, which is currently undergoing a radical process of convergence, standardization and metrication. While he acknowledges that the USA is the world leader in terms of journal publications in economics, he also suggests that the scholarly breadth and practical orientation of much economics research in Europe is worth preserving and enhancing. No-one who wishes to make economics more relevant should ignore Colander s painstaking study. Geoffrey M. Hodgson, University of Hertfordshire, UK David Colander s highly original and thought provoking book considers ongoing changes in graduate European economics education. Following up on his earlier classic studies of US graduate economic education, he studies the economist production function in which universities take student raw material and transform it into economists, In doing so he provides insight into economists and economics. He argues that until recently Europe had a different economist production function than did the US; thus European economists were different from their US counterparts. However, this is now changing, and Colander suggests that the changes are not necessarily for the best. Specifically, he suggests that in their attempt to catch up with US programs, European economics is undermining some of their strengths-strengths that could allow them to leapfrog US economics in the future, and be the center of 21st century economics. Student views on the ongoing changes and ensuing difficulties are reported via surveys of, and interviews with, students in global European graduate programs. The conclusion draws broad policy implications from the study, and suggests a radically different market approach to funding economic research that Colander argues will help avoid the pitfalls into which European economics is now falling. This unique and path-breaking book will prove essential reading for economists, as well as academics, students and researchers with a special interest in economics education, the methodology of economics, or the history of economic thought.
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survey results summary
PART 2 Qualitative results of the survey
3 What makes a successful economist?
4 What students like and dislike about graduate work in economics
5 Are economists relevant?
PART 3 Student interviews
6 LSE interviews
7 Pompeu Fabra interview
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academia academic agree applied policy behavioral economics Bocconi Colander core courses discussion econometrics economics research ERUs Europe European economics European economists European graduate economics European schools European Science Foundation European students European system European universities exams experimental economics faculty field courses focus funding agencies game theory global graduate economics education graduate economics programs graduate school graduate students hands-off applied hands-on research heterodox economics ideas important incentives institutions interested interviews issues job market journal article metric journal publication macro mainstream market-based research Masters math mathematical micro neoclassical economics nomics paper peer review percent PhD program policy-makers political Pompeu Fabra problem sets profes professors questions rankings real business cycle real-world relevant research funding research output sense stress survey teaching theory There’s topic traditional European programs type of research undergraduate Università Bocconi Universitat Pompeu Fabra What’s