Nobody Understands What Economics Graduates Are Trying to Say
Graduates in the subject are lacking key skills, according to campaign group Rethinking Economics, whose research published Thursday analyzed interviews with key employers including the Bank of England and the Government Economics Service. These include the ability to think critically, apply economic reasoning to real-word issues and communicate in language comprehensible to those outside the profession.
These shortcomings mean that economists are unable to explain the ideas backing political decisions to the public, resulting in “a large democratic deficit” and a distrust of experts and policy makers, the report said.
Graduates in the subject are lacking key skills, according to campaign group Rethinking Economics, whose research published Thursday analyzed interviews with key employers including the Bank of England and the Government Economics Service. These include the ability to think critically, apply economic reasoning to real-word issues and communicate in language comprehensible to those outside the profession.
These shortcomings mean that economists are unable to explain the ideas backing political decisions to the public, resulting in “a large democratic deficit” and a distrust of experts and policy makers, the report said.
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