While there are fluctuations in the demand for certain college degrees and these might be tied to the business cycle, the demand for certain college degrees tend to follow long term trends. Since the 1960's, college freshman have become more vocationally oriented instead of idealistic, according to UCLA's annual college freshman survey. If you look at choice of major, economics has increased over the long term and is often one of the top 5 majors in most campuses and at some places competes with politics or history as the most popular social science.
Fabio On Tue, 4 Dec 2001, [iso-8859-1] markjohn� wrote: > Dear Professors: > > With the recession going on, suddenly, more high school students would want > to take economics as a degree. This hypothesis stemmed from the observation > that more people I know would want to take it. Is there any "economic" > answer to this? Or this is just a plain observation not conclusive with the > sample that I have observed? > > Thanks. >
