Reply to What's the job market like for Econ majors from a top 10 school?

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[quote=Anonymous][quote=Anonymous]Related, or not - I have a very econ-focused son looking at colleges who may well be into academia for the long-haul. (Capitalist, but not an active capitalist.) Can you share more on this - how would one compare, say, a SLAC such as Pomona vs a major econ program such as UChicago?

[quote=Anonymous][quote=Anonymous] 10-20% at the top programs push on to academia.  [/quote]
Not a chance in hell this is true.  The biggest producers of Econ PhDs on a per capital basis are LACs.  There is no way that even 10% of my school's Econ majors get PhDs.[/quote][/quote]

Traditionally elite SLACs generate a greater number of PhDs that other schools in all disciplines on a per capita basis.  Whether this is because of self-selection during college admissions or from close working experiences with professor, I do not know.  In particular, Swarthmore, Carleton, Grinnell, and Reed are top producers.  See: [url]http://www.thecollegesolution.com/the-colleges-where-phds-get-their-start/[/url].
Personally, I am a Carleton alum and went to a Top 3 PhD program.
I disagree with the above poster who states that larger schools will offer greater resources for undergraduate research.  think that Economics departments are generally labor-constrained only.
Realize that in any Econ program, only a few students are interested in pursuing a PhD.  Major requirements are designed for the average Econ student and generally lack the math necessary to prepare for a PhD program.  PhD training has required greater technical expertise over the years (much to the detriment of the profession IMHO)
I second the poster's suggestion that you look for overall fit primarily when choosing a college.
Since you mentioned Chicago, I would say that Chicago is in many ways the most SLAC-like school among non-SLAC schools.[/quote]

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