The changing quality of business education |
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Authors: | Paul M Mason Jeffrey W Steagall Michael M Fabritius |
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Institution: | a Department of Economics and Geography, University of North Florida, Jacksonville, FL 32224, USA;b Department of Finance/Economics, University of Mary Hardin-Baylor, UMHB Station, Belton, TX 76513, USA |
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Abstract: | There is a pervasive perspective that both students and college courses are not what they used to be. A utility maximization model exhibits why students prefer easier courses to those that provide more challenge, and presumably more knowledge. The model also demonstrates why faculty members accommodate these students with less stringent courses. Survey data from professors in various disciplines in colleges of business across the United States verify the perception of declining quality in many of 18 different categories. |
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Keywords: | Educational economics Efficiency |
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