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C OMPARATIVE E CONOMICS S YSTEMS AND THE U NDERGRADUATE C URRICULUM Alexander Kovzik and Marianne Johnson University of Wisconsin Oshkosh.

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Presentation on theme: "C OMPARATIVE E CONOMICS S YSTEMS AND THE U NDERGRADUATE C URRICULUM Alexander Kovzik and Marianne Johnson University of Wisconsin Oshkosh."— Presentation transcript:

1 C OMPARATIVE E CONOMICS S YSTEMS AND THE U NDERGRADUATE C URRICULUM Alexander Kovzik and Marianne Johnson University of Wisconsin Oshkosh

2 C OMPARATIVE E CONOMICS S YSTEMS Previous studies Ross (1995) – 56.3% of institutions continued to offer CES course following the break-up of the Soviet Union. Foley and Pyle (2003) – 57.5% of institutions have a course, but only 35% offered it annually. Time for a reassessment? CES at the Introductory Collegiate Level CES at the Advanced Undergraduate Level

3 McConne ll/Brue/ Flynn Mateer/ Coppock MankiwFrank/ Bernanke MillerMandelBade/ Parkin SchillerGuell Organization of Decision Making Provision of Information and Coordination 13 14 13235 2 75 Property Rights 2 1 2 1 Incentive System 3 2 331 Organization of Public Choice 1 Economic System 11 1 1 23 1 Global Perspective 2674313 10 9615 Efficiency 1 1 1 112 1 Economic Growth 47448 121 Income Distribution 2 2112 1 2 Stability 45568 1 144 Viability 1 1 Total 533931336123172426 Text Pages (5960 total pages) 8011053816763748396556369458 Examples per 100 pages (5.2 per 100 pages) 6.63.73.84.38.25.83.16.55.7 A T THE INTRODUCTORY LEVEL, WE EXAMINED TEXTBOOK COVERAGE OF CES T OPICS …

4 Guell (2015) “In 1980, in response to the Soviet invasion to Afghanistan, the United States imposed a grain embargo, making it illegal to sell wheat to Russia” (205; one sentence). That Uzbekistan is “sitting on significant oil and natural gas reserves, but its political leadership is so corrupt that you never know from one year to the next whether the leadership will nationalize those assets” (231; 3 sentences). Frank and Bernanke (2013) That episodes of hyperinflation occurred “in several countries attempting to make the transition from communism to capitalism, including Russia” (456; one sentence). Mankiw (2015) That after the World War II, the United States and the Soviet Union “were engaged in a prolonged competition over military power” (356; 16 sentences). “In 1998, the Russian government defaulted on its debt, inducing international investors to take whatever money they could and run” (699; one sentence). Mateer and Coppok (2014) That in 1984 there was a movie Moscow on the Hudson, which chronicled shortages of bread, milk, and shoes in the Soviet Union (153; 11 sentences). Schiller (2011) That “After the Soviet Union collapsed in 1989, Russia also experienced price increases that exceeded 2,000 percent a year” (215; one sentence). “Soviet planners allowed Chernobyl to become a nuclear nightmare” (16; one sentence). That in 1990s, “Virtually every sector, every factory and every worker in Russia has been touched by the flood of surrogate money” and the Russians preferred to hold and use US dollars rather than the rubles (273; 17 sentences).

5 S TRATEGIES TO A SSESS THE S ITUATION A T THE U PPER U NDERGRADUATE LE VEL Electronic survey of the top 100 public and private colleges and universities (163 Economics Departments identified; responses = 84). Online search of course catalogs ( = 184 colleges and universities of our 200 that offer upper level economics courses). Online search of syllabi for CES courses. Examination of CES textbooks.

6 QuestionSurvey Response Statistics* On-Line Course Search Statistics Does your department currently offer one of the following types of courses?** Comparative Economic Systems Economies in Transition Economics of a Particular Region/Country 20.0% 11.8% 42.4% 32.6% 25.2% 51.6% If your department does not currently offer such a class, has your department offered a course in Comparative Economic Systems or Transitional Economies in the past? Yes No 67% 33% NA Does your department offer Comparative Economic Systems or Transitional Economies more frequently, as frequently, or less frequently than it did five years ago? More Frequently As Frequently Less Frequently 2% 70% 28% NA Does your department offer Comparative Economic Systems or Transitional Economies more frequently, as frequently, or less frequently than it did ten years ago? More Frequently As Frequently Less Frequently 6% 53% 41% NA

7 Comparative Economics Systems Textbooks Authors (Edition Years) Information Provided by Electronic Survey Information Provided by Syllabi Search Gregory and Stuart (2014, 2004, 1999)213 Rosser and Rosser (2004, 2001)28 Kennett (2004)--6 Gardner (1998)14 Schnitzer (2000)13 Angresano (1996)--2 D. North (1990)--1 no required textbook713 Total number of responses1350 Overall Survey Response8450

8 Percentage of Course Topics Focusing on Socialism Percentage of Course Topics Focusing on Transition from Socialism Weighted Average for Textbooks16.0%18.4% Weighted Average for all Syllabi17.0%19.3% Average of the Averages17.6%19.5% Weighted Average for 2004 – 2010 16.8%18.9% Weighted Average for 2011 - 2014 17.2%19.8% Foley and Pyle (2003) state that “theory and practice of socialism and the postsocialist experience continue to occupy a disproportionate amount of attention”. Is that true?

9 T HANK YOU. Questions, comments and suggestions are very welcome!!


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