4/14/2024 0 Comments Mathmatical book about astrology![]() ![]() ![]() These figures, stress the study’s authors, do not include other sources of income such as consulting fees for banks and hedge funds, which, as many learned from the documentary Inside Job (2010), are often substantial. For the top 10 per cent of economists, that figure jumps to $160,000, higher than the next most lucrative academic discipline – engineering. According to a 2015 sociological study in the Journal of Economic Perspectives, the median salary of economics teachers in 2012 increased to $103,000 – nearly $30,000 more than sociologists. Even when there’s no downsizing, faculty salaries have been frozen and departmental budgets have shrunk.īut despite the funding crunch, it’s a bull market for academic economists. The cutbacks aren’t restricted to the humanities: in 2011, the state of Texas announced it would eliminate nearly half of its public undergraduate physics programmes. In 2012, Emory University in Atlanta did away with the visual arts department and its journalism programme. In 2009, Washington State University announced it would eliminate the department of theatre and dance, the department of community and rural sociology, and the German major – the same year that the University of Louisiana at Lafayette ended its philosophy major. Since the 2008 financial crisis, colleges and universities have faced increased pressure to identify essential disciplines, and cut the rest. ![]()
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