King Rat (gkr) wrote,
King Rat

Eco 200: professors and coaches

(group) Do the relative values of humanities professors and footall coaches at major state universities reflect the relative value of football and humanities? Do they reflect the number of years that professors and coaches must spend acquiring an education? The number of hours they work? The difficulty or unpleasantness of their work? Why do the football coaches usually receive salaries that are so much higher?

Yes. They do. In monetary terms, the value of a single humanities professor is less than the value of a single football coach. The expected marginal revenue from a football coach is much more than the expected marginal revenue from a single humanities professor. However, it's not exclusively governed by the marginal revenue. The supply of college football coaches is much less than the supply of humanities professors. Or at least the supply of good football coaches is.


  • Last post

    I don't plan to delete my LJ (I paid for permanent status, dammit), but this will be the last post. I don't plan to read it anymore, either…

  • Unemployed

    Turns out my insurance is cut off at midnight tonight, not the end of the month. In a way, that's a good thing. Now I'll move my appointment…

  • Home from the cruise, off to Sunnyvale

    A week off, but tomorrow I head to the home office for a week there.

  • Post a new comment


    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened