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Re:Harvard Railroad Economics Exam (1906) by seanhunter on Sunday June 16, 2024 @09:06AM (#40696764)
Very easy to give a fact-free hot take, but I thought I'd take a look at the "research" section of Harvard's economics department website at the moment[1] to see what they work on. I'm not an economist but it seems like a pretty serious attempt to understand the real-world economy. Picking a paper purely at random (again, I'm not an economist so I just clicked through a few and they seem similar-ish to me in a broad sense) this[2] is a pretty serious analysis of industrial policy with some real-world case studies about the Oxford-AstraZeneca partnership around the covid vaccine, German industrial policy given the transition from heavy industry to climate tech and some stuff about how Israel has created a favourable climate for tech startups. That not real-world enough for you?

[1] https://drodrik.scholar.harvard.edu/research-papers

[2] https://drodrik.scholar.harvard.edu/sites/scholar.harvard.ed...

Re:Harvard Railroad Economics Exam (1906) by mhh__ on Sunday June 16, 2024 @10:09AM (#40697206)
Well the point was about students not researchers afaict.

There's a difference between Harvard (or any powerful equivalent) the research establishment and Harvard the school for training America's new elite.

Most of the economics students I know (especially the Harvard ones) would not surprise the PC at all.

As a subject it doesn't attract particularly serious people.

Re:Harvard Railroad Economics Exam (1906) by giantg2 on Sunday June 16, 2024 @04:34PM (#40699880)
Those are research papers. But these kinds of case studies aren't unusual at the undergrad level even at state schools. The rubric and results are not as in-depth or built out as published research. Usually the question for these exercises or papers are built on research publications so the professors have answers to grade yours against.