Today's Choices also Matter

A couple of weeks ago many of the economics blogs were commenting on the most lucrative college majors. Over the long run, economics turns out to be a good choice. Others include computer science and engineering. A nice graphic may be found here.

What occurred to me is that women are tending not to choose these lucrative majors. Although Maricopa Community Colleges are 56% female, an economics class is only rarely more than a third women. Often it is substantially less.

Given the long run earnings effect of these choices, I suspect that we will continue to see men earning more than women (on average) for at least another generation.