Universities face an uncertain funding environment and turbulent marketplace. Financial scenario modelling offers a potential mechanism to assist in navigating a way forward. Our previous paper on UK universities' practice found some variation in the sophistication of the approaches taken, but the overall impression was of a relatively simple…

The author of this article provides an example of how one might incorporate behavioral economics into teaching macroeconomics or labor economics at an undergraduate level. The focus is on two macroeconomic concepts--wage determination and the Phillips curve--and shows that the implications and conclusions of both models differ from their textbook…

The idea of endless economic growth is embedded in current economic teachings and in economic institutions. However, these teachings are being challenged by a corpus of studies which show that our economies are experiencing limits to growth. We must therefore work out how businesses can adapt to the post-growth era. This paper claims that there is…

The 3-equation model by Carlin and Soskice (2014) introduces the current consensus in modern monetary macroeconomics to undergraduates through a static framework in which adjustment occurs via the monetary policy rule of an inflation-targeting central bank. In this article, the authors present a dynamic extension of this model and an Excel-based…

This is the second article in a two-part SWOT analysis of academic libraries. The purpose of this research is to guide strategy development, decision making and advancement of positioning by identifying and analyzing the key strengths, weaknesses, opportunities and threats impacting academic libraries. Its premise is that an understanding of these…

If everyone needs education to succeed, why is education always under fire politically? Why is the education system always on defense? To try to better understand the seemingly contradictory politics of education, the author began to examine primary data on the labor market, historic and current educational attainment rates, and scholarly…

Land-grants, so called because the U.S. government donated federal land to each state to establish a university, were a brand new idea in 1862: higher education for everyday people focused on the practical subjects of agriculture and the mechanical arts, whose purpose was to improve the economic and cultural wellbeing of the people in their state.…

The goal of this essay is to provide Higher Education institutions with suggestions for maintaining both economic viability and organizational credibility in a Post-Covid 19 environment. Three practical, yet important, objectives for both colleges and universities are identified in light of the pandemic and its aftermath. In particular, the essay…

2020 will forever be remembered as the year of COVID-19, the illness caused by the novel coronavirus. The graduating class of 2020 will face a difficult job market, and the adversities will follow them for years. New graduates facing these types of jobs numbers will be subject to "scarring"--reduced lifetime incomes caused by entering…

In this 2023 NEA Special Salary issue, a post-pandemic look at faculty salaries in 2022. What was found, looking at federal data, is that U.S. faculty's purchasing power--that is the value of your salary, considering inflation--is at historical lows. All the gains that were made incrementally since the Great Recession of 2008 have evaporated in…

Data from past economic downturns show that "recession graduates"--those graduating from high school or college during a recession--may have worse outcomes in earnings and health for years or even decades to come. MDRC sought to work with stakeholders to better understand the challenges recent graduates are facing in the current context…

The authors describe an undergraduate economics elective focused on the Great Recession and the recession resulting from the COVID-19 pandemic. They have taught the course with great success at both liberal arts colleges and research universities and at all levels of the curriculum ranging from a first-year seminar to an upper-level elective. They…

The nine counties of the San Francisco Bay Area enjoy the greatest advantages of the innovation economy. The Bay Area accounted for nearly $1 trillion in economic productivity in 2018; the only metropolitan area with a higher per-capita gross domestic product was oil-rich and comparatively tiny Midland, Texas. Unemployment in most Bay Area…

This article discusses how communicating effectively in a new media environment dominated by algorithmically driven social media platforms presents unique challenges to those innovators who need to make their case to wide audiences. Research suggests that the media landscape includes narratives focused on systemic issues related to equity,…

Higher education systems equip individuals with the tools they need to succeed in the labor market with higher-paying jobs that lead to improved living standards and more secure and fulfilling lives. Higher education was critical in the recovery from the last recession, and during the COVID-19 crisis, higher education has acted as a protective…