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The Minnesota Daily

Serving the UMN community since 1900

The Minnesota Daily

Serving the UMN community since 1900

The Minnesota Daily

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Economics needs to be a more accessible field

I completely agree with the Sept. 14 Minnesota Daily editorial “Trickle down education” that it would be great if the field of economics were more accessible. I spent four years studying economics as an undergraduate, five years as a doctoral candidate and 22 years as an economics professor, and while I certainly know more than when I started this journey, I still find major aspects of how the economy works puzzling. But I have also learned that while “prerequisites” such as math, statistics and economic theory might make taking economics courses harder, they make understanding the actual economy much easier. The low-cost understanding you call for would be worth what you paid for it.

 

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