What Students Remember and Say about College Economics Years Later

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Abstract
Offered the provocative hypothesis that students would retain very little knowledge from principles courses in economics five years or more after taking the courses. The few empirical studies that have been published on this topic generally found no or small lasting effects, at least for those who took fewer than four courses (e. g., see Bach and Saunders, 1966; and Lynch, 1990). That raises even broader questions about the long-term effects of studying economics in college, in terms of individuals'behavior as consumers, wor kers, and voters, which we are now beginning to investigate using both survey and transcript data.

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