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University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th , 2008 Information obtained from the departmental fact sheet and surveys distributed by the EUB.

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Page 1: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

University of Washington

Department of Economics

Economics Undergraduate BoardPresentation to the Visiting Committee

April 16th, 2008

Information obtained from the departmental fact sheet and surveys distributed by the EUB.

Page 2: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Department Statistics – Grad/Undergrad TrendsHuge growth in undergrad econ majors after 2001

Page 3: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Department Statistics – BA/BS Trends FY 98-07Most of the growth in the major comes from the BA.

Page 4: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Department Statistics – BA/BS TodayTotal undergrads in the major - 748

Page 5: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Classes fill up quickly.Results based on survey distributed by the EUB.

55.88%

44.12% Unable to registerfor one or moreclassesAble to register

Page 6: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Faculty shortage stats

Faculty in 1995 – 1996 when there were 400 majors were the same faculty in 2006 when there were 884 majors.

The economics Department has the 3rd greatest number of majors, and the llth largest faculty in the College of Arts and Sciences.

Page 7: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Faculty Accessibility Even with the faculty shortage the faculty currently in the UW economics department connect

very well with their students as shown by the graph below:

Key: “1” = not very accessible ,“2” = somewhat accessible and “3” = very accessible

Page 8: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Many students have other degrees.Results obtained from a Survey distributed by the EUB.

39.20%

35.46%

0.00% 20.00% 40.00% 60.00% 80.00% 100.00%

Students withdouble degrees

Students withminors

Page 9: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

“Gender ratio”

33.2

66.8

0

20

40

60

80

100

Female Male

Past years: 2006 - 29% female , 2005 – 35% female, 2004 – 42% female.

Page 10: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

What made students choose Econ?

0 50 100 150

Class taken at UW

Alt. to Business School

Career Opportunities

UW Professor

Interest

All of the above

Page 11: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Working in finance and getting an MBA are common post-graduation choices.

0

5

10

15

20

25

MA/M

S, Eco

nOth

er

Finan

ce

MA/M

S, N

ot Eco

n

Med

ical

MBA

Ph.D. E

con JD

Ph.D., n

ot Eco

n

Govern

ment

Mark

eting

Man

agem

ent

Consulting

Page 12: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Areas of Interest Within Economics

Page 13: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Interests within the Dept.

Students confirmed their desire to have more opportunities for internships, alumni correspondence and workshops on careers to better prepare them for the work world after graduation.

Page 14: University of Washington Department of Economics Economics Undergraduate Board Presentation to the Visiting Committee April 16 th, 2008 Information obtained

Conclusions from the Survey.Comments from Students.

Growth in the department and demand for the econ major suggests that an expansion of faculty at the department will be desirable.

Smaller classes with more classes offering topics in finance and international development.

More class sections with more frequent offerings of a given course each year

More extensive advising Additional outside help for classes (tutoring) Information on research & job opportunities