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4 Economics Programs
Pages 51-70

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From page 51...
... In addition to the 91 institutions represented in this discipline, another 3 were initially identified as meeting the criteria3 for inclusion in the assessment: Colorado School of Mines SUNY at Buffalo Utah State University -- Logan The Colorado School of Mines chose not to participate in the assessment in any discipline. Economics programs at the other two institutions have not been included in the evaluations in this discipline, since in each case the study coordinator either indicated that the institution did not at that time have a research-doctorate program in economics or failed to provide the information requested by the committee.
From page 52...
... These individuals constituted 66 percent of those asked to respond to the survey in this discipline and 9 percent of the faculty population in the 93 research-doctorate programs being evaluated.4 A majority of the survey participants had earned their highest degree prior to 1970, and more than half held the rank of full professor. To assist the reader in interpreting results of the survey evaluations, estimated standard errors have been computed for mean ratings of the scholarly quality of faculty in 93 economics programs (and are given in Table 4.1~.
From page 53...
... 53 of the mean ratings of higher-rated programs than lower-rated programs. This generalization results primarily from the fact that evaluators are not as likely to be familiar with the less prestigious programs, and consequently the mean ratings of these programs are usually based on fewer survey responses.
From page 54...
... indicates program was initiated since 1970. NOTE: On the first line of data for every program, raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10.
From page 55...
... 2.0 1.3 1.1 0.6 NA .00 NA 25 .37 .10 .11 .12 .06 48 49 48 45 42 43 33 020. 0.6 0.5 0.9 0.3 NA NA 18 9 NA .10 .09 .07 .05 36 36 41 38 41 39 NOTE: On the f irst line of data for every program, raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10.
From page 56...
... NOTE: On the f irst line of data for every program, raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10. "NA" indicates that the value for a measure is not available.
From page 57...
... 62 .49 52 41 41 .70 47 55 72 .71 55 56 14 .42 40 37 42 .7 1 47 55 90 59 21 42 52 50 4 38 34 45 15 41 22 42 197 86 34 45 158 76 .12 .12 .12 .11 .06 .06 ..0 9 . 11 .0 6 .0 5 .0 6 .06 .09 .05 .10 .06 .07 .05 .08 .05 .07 .06 ·07 .06 .77 60 .69 54 .85 65 .14 18 .50 42 .47 40 .50 42 .79 .03 .07 .07 .03 61 .76 .11 .11 .09 .04 59 .75 .08 .08 .08 .05 58 .11 .08 .09 .09 .11 .11 .09 .09 .11 .10 .12 .11 .08 .08 23 .67 43 53 92 .69 60 54 26 .61 43 49 12 NA 40 10 .35 39 32 .10 .10 .09 .08 .08 .08 .11 .08 .11 .10 .07 .10 .08 .07 .11 raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10.
From page 58...
... NOTE: On the first line of data for every program, raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10. "NA" indicates that the value for a measure is not available.
From page 59...
... (11) .10 .09 .10 .06 .07 .06 .05 .03 .08 .07 .00 .04 .10 .09 .08 .06 .08 .07 .07 .07 .06 .06 .07 .06 .06 .05 .06 .05 .12 .10 .06 .06 .05 .06 .12 .11 .12 .10 .07 .07 .07 .06 .12 .11 .09 .06 .08 .07 .06 .06 .09 .08 .12 .04 .06 .05 .07 .04 .12 .09 .07 .06 .09 .07 .07 .06 .19 .19 NA .04 .11 .11 .05 .06 .09 .10 .07 .04 NOTE: On the first line of data for every program, raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10.
From page 60...
... NOTE: On the first line of data for every program, raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10. "NA" indicates that the value for a measure is not available.
From page 61...
... 2.5 1.5 1.3 1.0 -0.5 .17 1361 58 .75 .09 .08 .08 .06 52 53 56 52 44 54 56 51 58 080. 2.2 1.2 1.1 0.9 1.6 .17 760 62 .62 .08 .08 .07 .06 49 48 48 50 64 54 49 52 50 NOTE: On the f irst line of data for every program, raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10.
From page 62...
... indicates program was initiated since 1970. NOTE: On the f irst line of data for every program, raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10.
From page 63...
... 21 .82 .11 .10 42 63 20 .43 .11 .09 42 37 58 .74 51 57 69 .73 54 57 83 .53 58 44 (11) .11 .07 .09 .05 .09 .08 .08 .06 .09 .08 .08 .06 .08 .06 .08 .06 .15 .13 .07 .07 .16 .05 .06 .06 .08 .07 .07 .06 .0 8 .06 tog .10 .11 .13 .09 .05 .05 .06 .07 .04 .10 .09 .08 .05 .0 5 .06 .06 .04 NOTE: On the f irst line of data for every program, raw values for each measure are reported; on the second line values are reported in standardized form, with mean = 50 and standard deviation = 10.
From page 64...
... 64 TABLE 4.2 Summary Statistics Describing Each Program Measure -- Economics Number of Programs Standard D E C I L E S Measure Evaluated Mean Deviation 1 2 3 4 5 6 7 8 9 Program Size 01 Raw Value 93 23 10 13 16 17 19 21 23 26 29 39 Std Value 93 SO 10 40 43 44 46 48 50 53 56 66 02 Raw Value 93 41 28 16 21 23 27 30 35 45 53 80 Std Value 93 50 10 41 43 44 45 46 48 52 54 64 03 Raw Value 93 68 45 23 33 42 50 57 61 70 96 134 Std Value 93 50 10 40 42 44 46 48 48 50 56 65 Program Graduates 04 Raw Value 91 .21 .11 .08 .12 .14 .16 .18 .21 .25 .28 .37 Std Value 91 50 10 38 42 44 45 47 50 54 56 65 05 Raw Value 91 7.3 1.2 9.1 8.5 7.8 7.3 7.0 6.9 6.6 6.3 5.8 Std Value 91 50 10 35 40 46 50 52 53 56 58 62 06 Raw Value 91 .78 .11 .62 .70 .73 .76 .79 .82 .84 .87 .91 Std Value 91 50 10 35 43 45 48 51 54 55 58 62 07 Raw Value 91 .26 .15 .08 .12 .17 .20 .23 .28 .34 .38 .42 Std Value 91 50 10 38 41 44 46 48 51 55 58 61 Survey Results 08 Raw Value 93 2.3 1.2 1.0 1.3 1.4 1.8 2.1 2.4 2.8 3.2 4.1 Std Value 93 50 10 39 42 42 46 48 51 54 58 65 09 Raw Value 93 1.3 .6 .6 .7 .9 1.1 1.2 1.4 1.6 1.9 2.3 Std Value 93 50 10 38 40 43 46 48 51 54 59 65 10 Raw Value 91 1.1 .3 .8 .9 1.0 1.0 1.1 1.1 1.2 1.4 1.5 Std Value 91 50 10 38 42 46 46 49 49 53 60 64 11 Raw Value 93 .9 .5 .3 .4 .5 .6 .8 .9 1.1 1.4 1.7 Std Value 93 50 10 39 41 43 45 48 50 54 60 66 University Library 12 Raw Value 75 .1 1.0 -1.1 -.6 -.5 -.4 -.1 .3 .7 .9 1.7 Std Value 75 50 10 38 43 44 45 48 52 55 57 65 Research Support 13 Raw Value 91 .11 .13 .00 .00 .00 .04 .06 .10 .15 .21 .29 Std Value 91 50 10 42 42 42 45 46 49 53 58 64 14 Raw Value 69 832 863 51 106 187 301 452 776 1063 1404 1800 Std Value 69 50 10 41 42 43 44 46 49 53 57 61 Publication Records 17 Raw Value 93 52 40 13 20 26 31 35 54 65 78 112 Std Value 93 50 10 40 42 43 45 46 50 53 56 65 18 Raw Value 91 .63 .15 .42 .50 .55 .59 .65 .69 .71 .75 .80 Std Value 91 50 10 36 41 45 47 51 54 55 58 61 NOTE: Standardized values reported in the preceding table have been computed from exact values of the mean and standard deviation and not the rounded values reported here.
From page 65...
... 65 TABLE 4.3 Intercorrelations Among Program Measures on 93 Programs in Economics Measure 01 02 03 04 05 06 07 08 09 10 11 12 13 14 17 18 Program Size 01 .61 .53 .20 .17 .30 .23 .61 .58 .32 .55 .61 .39 .49 .79 .22 02 .63 .36 .29 .32 .33 .75 .74 .00 .71 .57 .54 .52 .76 .37 03 .05 -.06 .09 .07 .56 .50 .17 .59 .62 .38 .45 .47 .16 Program Graduates 04 .33 .43 .52 .42 .46 .03 .40 .15 .45 .11 .32 .21 05 .35 .62 .36 .42 .01 .35 .06 .39 .25 .32 .47 06 .59 .31 .34 -.03 .25 .38 .35 .18 .33 .24 07 .48 .53 -.01 .44 .25 .54 .27 .38 .34 Survey Results 08 .98 .35 .97 .67 .76 .44 .78 .47 09 .30 .93 .60 .76 .44 .75 .47 10 .36 .21 .31 -.05 .26 .12 11 .63 .78 .38 .72 .45 University Library 12 .45 .41 .67 .41 Research Support 13 14 Publication Records 17 18 .29 .60 .45 .54 .31 .54 NOTE: Since in computing correlation coefficients program data must be available for both of the measures being correlated, the actual number of programs on which each coefficient is based varies.
From page 66...
... * O +/+++++++++++++/+++++++++++++/+++++++++++++/+++++++++++++/++++++++++ ~ ++/+++++++++++++/+++++++++++++/ 1 4 9 16 25 36 49 64 Measure 01 (square root scale)
From page 67...
... FIGURE 4.2 Mean rating of program effectiveness in educating research scholars/scientists (measure 09) versus number of graduates in last f ive years (measure 02)
From page 68...
... 68 TABLE 4.4 Characteristics of Survey Participants in Economics Respondents N % Field of Specialization Econometrics 17 9 Economics 155 84 Other/Unknown 13 7 Faculty Rank Professor 101 55 Associate Professor 52 28 Assistant Professor 32 17 Year of Highest Degree Pre-1950 7 4 1950-59 27 15 1960-69 68 37 Post-1969 82 44 Unknown 1 1 Evaluator Selection Nominated by Institution 167 90 Other 18 10 Survey Form With Faculty Names 169 91 Without Names 16 9 Total Evaluators 185 100
From page 69...
... indicate a confidence interval of +1.5 standard errors around the reported mean (x) of each program.


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