Monday, 10 August 2026

The impact of using the CORE textbook in Uruguay

We introduced the CORE textbook The Economy at the University of Waikato when we recoded the compulsory economics paper in our management degree from ECON100 to ECONS101 (see here). We were early adopters, as the CORE textbook was only released in 2017. It was a big change, and largely a positive one. The CORE textbook was free, substantially lowering the cost for students to access an important learning resource. Because the textbook was online, it could be constantly updated. And I really liked the way that it turned the traditional approach to the teaching of microeconomics on its head. Instead of starting with perfect competition and the supply and demand model, and then teaching imperfect competition as an exception, the CORE textbook started with monopolistic competition (where firms sell products that are differentiated from those of their competitors) and teaches perfect competition as an exception. Since many firms operate in monopolistically competitive markets, the approach that CORE adopted seems more attuned to the real world that students see.

I've often wondered whether the CORE textbook improved students' learning though. So, I was interested to read this recent article by Federico Araya (Universidad de la República, Uruguay) and co-authors, published in the journal Economica (sorry, I don't see an ungated version online [*]). They evaluate the impact of adopting the CORE textbook for the introductory economics course at the Faculty of Economic Sciences and Administration (FCEA) at the Universidad de la República, the largest university in Uruguay.

Although the CORE textbook was introduced at FCEA in 2020, Araya et al. start their analysis from 2021, to avoid the impacts on online teaching during the pandemic. FCEA offered two introductory microeconomics courses, one of which used CORE and the other continued to use their traditional textbook. Students were randomly assigned to either course based on the last number of their identification document, with 30 percent of students assigned to the course that used CORE.

However, the textbook was not the only difference between the two courses. As Araya et al. explain:

Although attendance is optional in both courses, in 2022 and 2023, the CORE course introduced a modification to its evaluation system, assigning 10% of the total grade to group activities conducted during class sessions. This change may have created an incentive for higher attendance.

So, their evaluation is not a clean comparison of the same course taught with two different textbooks, but will compare two different pedagogies, one which uses the CORE textbook and in-class group activities that are worth grade points, and one that uses a traditional textbook without the in-class group activities.

Araya et al. then compare the two groups in terms of whether students passed the introductory microeconomics course, as well as whether students passed an introductory calculus course and whether they passed the intermediate microeconomics course that follows on from the introductory course, while controlling for a range of demographic and socioeconomic variables for each student. They find:

...no statistically significant differences in pass rates between CORE and the conventional course, with the exception of the 2022 cohort.

I was initially surprised that they decided to evaluate each cohort separately, rather than pooling them. However, the 2021 cohort is different because that year the CORE course didn't have the in-class group activities, whereas it did for the 2022 and 2023 cohorts. Combining the 2022 and 2023 results would give us a better sense of the overall effect (of the combined CORE textbook plus group activities intervention). Instead, we are shown a statistically significant positive effect in 2022, but no statistically significant effect in 2023. That doesn't tell us whether the effects in those two years were actually different from each other, or whether the combined intervention had a positive overall effect across the two cohorts. One further problem here that muddies the comparison is that the CORE and traditional courses didn't use the same assessment, and so passing one course may be different from passing the other. And that might also explain the different cohort-specific results (if the 2022 traditional course had more difficult assessments than the CORE course, for example).

That won't be a problem for comparisons in terms of student performance in introductory calculus and intermediate microeconomics. For those courses, Araya et al. also find no statistically significant effects on passing.

So, at least there is no evidence from this study that the CORE textbook (with or without in-class group activities) made students worse off. Although equally, there is no evidence that it made them better off either. That allows me to raise an issue that is general to much of the similar research on educational interventions (including my own research on the impact of AI tutors in ECONS101). We might expect to see no significant effect on student performance even from a successful intervention. That's because a successful intervention may make studying easier for students, freeing up time that they can then devote to other activities. That might be studying for their other courses (although notice that in this case any reallocation of study effort doesn't appear to have affected the probability of passing introductory calculus), or something entirely different (maybe working more, or having more leisure time). So, I'm not surprised to see no effect of CORE on student performance in this study.

We continue to use the CORE textbook in my ECONS101 class (although last year we moved to the new edition, The Economy 2.0). We don't follow the text very closely, at least not in the microeconomics section of the paper that I teach. Nevertheless, it continues to provide the base material for a lot of what we teach. And it's good to know that at least one study says that there is not evidence that continuing to use a 'non-traditional' text is doing harm to students.

*****

[*] It's kind of ironic that a paper evaluating the impact of an open-access teaching resource is not itself published open-access.

Read more:

Saturday, 8 August 2026

How important is the apprenticeship model to entering a research career?

Those of us working in research careers can invariably share stories about working as a research assistant, cleaning datasets, coding, running models, doing literature reviews, and many of the other less-glamorous tasks that make up the research process. That was a key aspect of our apprenticeship into the world of research, and a gateway into a research career. But how important really is research assistance as an entry point into a research career?

That is the question addressed in this 2025 NBER Working Paper (ungated version here) by Ina Ganguli (University of Massachusetts, Amherst) and Raviv Murciano-Goroff (Boston University). They look at the impact of working in a university lab (an important subset of research assistance work) on subsequently pursuing a scientific career. Interestingly, Ganguli and Murciano-Goroff use changes in the local minimum wage as an exogenous source of variation in lab employment, so this paper also indirectly contributes to the literature on the employment effects of the minimum wage, in a context (research labs) that is not often the focus of that literature.

Their data comes from UMETRICS, which collates data on research grants across universities, and their dataset covers 32 universities over the period from 2000 to 2019 (although the dataset has coverage up to 2022, including those additional years would mean having to account for the COVID-19 pandemic).

First, using a dataset collated at the lab level, Ganguli and Murciano-Goroff use a staggered difference-in-differences approach to look at the impact of minimum wage changes on employment of undergraduates in the labs. This analysis essentially compares the change in undergraduate employment between the time before and the time after an increase in the minimum wage, between university labs that were affected by the minimum wage increase and those that were not. In that analysis, they find that:

...following minimum wage increases, labs decrease the employment of undergraduates by 7.4% on average...

So, not dissimilar to the literature on minimum wage effects on employment, when focused on young people in exposed occupations. Ganguli and Murciano-Goroff then use the minimum wage change as an instrument for students' exposure to laboratory research as an undergraduate. The key assumption is that minimum wages while an undergraduate affect later scientific careers only through their effect on lab employment opportunities.

Using a dataset of over 28,000 undergraduates and their subsequent career paths, Ganguli and Murciano-Goroff find that:

...decreased exposure to scientific work translates into significantly lower rates of undergraduate research assistants pursuing doctoral degrees or working in the life sciences sector after graduation. We find that working one fewer quarter in a lab during an undergrad student’s college years translates into between a 7.0 and 10.3 percentage point decrease in the rate of enrolling in a doctoral-level program. Given our sample of 28,283 students, this implies that if all students had experienced a minimum wage increase, roughly 500 fewer undergraduates in our sample would have pursued these advanced degrees.

So, the results imply that one fewer quarter of lab experience as an undergraduate reduces enrolment in a doctoral programme by 7.0 to 10.3 percentage points. That is a fairly large effect and should make graduate research programmes take notice of the importance of undergraduate research assistance opportunities for the pipeline into graduate research.

So, working in a lab as an undergraduate is a key pathway towards a career in the life sciences, and when those opportunities are restricted, students are less likely to embark on such a career. These results won't be too surprising to those of us who have been through an apprenticeship as a researcher. It is likely that I would be doing something very different right now if I hadn't been pulled into a lot of research projects towards the end of my undergraduate studies. I almost certainly wouldn't have pursued a PhD, or become an academic. Research assistant jobs are more than just jobs. They provide mentoring, information, skills, networks, references, and a chance to try out being a researcher in a safe setting.

These results also highlight two other things for me. First, they suggest that minimum wage increases may have a negative impact on the career pipeline into science. I'm unsure that this negative impact of the minimum wage has been identified before. However, we should be cautious because Ganguli and Murciano-Goroff are primarily interested in using minimum wage changes to identify the effect of undergraduate research experience on later careers, rather than estimating the overall long-run consequences of minimum wage increases for the scientific workforce. Nevertheless, their results suggest that this may be an important unintended consequence of higher minimum wages, and one that would be worth further research.

Second, given that research assistants do a lot of the 'drudge work' in research, if generative AI is also able to do a lot of that work, that further suggests a negative impact on the career pipeline into science through the rise of generative AI. I know others have written on this before (see here), so the challenge here is not a new idea.

On the plus side, that suggests another method that could be used to further test for the impacts of undergraduate (and graduate) research assistance on future academic careers, beyond focusing on life sciences (as Ganguli and Murciano-Goroff do). By comparing academic fields that are more (or less) exposed to generative AI (especially in the early days of generative AI), we might be able to tease out how important research assistance is to future academic careers across many fields.

Research apprenticeship is important, and these results give us a clear indication of how important it can be. Cleaning data, running models, searching the literature, and doing all the other seemingly mundane tasks of a research assistant are not just cheap ways for senior researchers to get research done. They are also how the next generation of researchers learns what research is, discovers whether they enjoy doing it, and gets started on a research career. If these opportunities are reduced, whether through higher minimum wages or through substitution by generative AI, we may save on some of the drudge work today, but at the cost of having fewer researchers tomorrow.

[HT: Marginal Revolution]

Friday, 7 August 2026

This week in research #138

Here's what caught my eye in research over the past week:

  • Akter et al. argue that New Zealand’s low-risk drinking advice is outdated and now overdue for review
  • Jones (open access) outlines two scenarios for the impact of artificial intelligence on the economy, providing some guidance about the potential future consequences of AI
  • Lee and Porter (open access) provide a simple introduction to the 'weak instruments' problem, including some practical do’s and don’ts implied by the findings of the weak instruments research literature
  • Poterba and Werning (open access) summarise the work of last year's John Bates Clark medal winner, Stefanie Stantcheva

Wednesday, 5 August 2026

Book review: Humble Pi

Alongside my professional interest in popular economics books, I'm a sucker for popular mathematics books like Jordan Ellenberg's How Not to Be Wrong (which I reviewed here). And I particularly like these books if they are fun. So, I was really looking forward to reading Humble Pi, by Matt Parker.

And I wasn't disappointed. Humble Pi is equal parts sombre (after all, there are plenty of maths errors that have led to tragic outcomes, such as the Challenger space shuttle) and amusing (such as Sun Microsystems employee Steve Null, whose details kept disappearing from their database because his last name was NULL). Parker says that the book:

...is a collection of my favourite mathematical mistakes of all time. Mistakes aren't just amusing... they're revealing.

And he's right. There is a lot to learn from this book, while at the same time being amused by (at least some) of the mistakes. Who knew that there was a word 'frigorific'? (a frigorific mixture is a combination of chemicals that always stabilises to the same temperature). And Parker writes in both an engaging and funny style. Consider this:

Do biologists use Excel to process their data? Is the phosphoglycan C-terminal? Yes! (Well, I think it is. It was that or 'Do BP1FB1 genes secrete in the woods?!' but I wasn't confident about that one either. I'm way beyond my limit of biological knowledge trying to look up even obvious microbiology things.) Look: the point is yes. Cell biologists use Excel a lot.

I laughed, until I stopped. And then I laughed again. And there was lots of that while I read this book. Parker also has some pet peeves that come through in the book, such as a strong aversion to stars shining through the shadowed part of a crescent moon. On that point he even takes aim at the Sesame Street classic, I Don't Want to Live on the Moon.

I'll let him off for the anti-Sesame-Street rant, as the rest of the book is a lot of fun to read. I even found the page numbers starting high and counting down to zero to be quite endearing (actually, if I'm honest, I wish more books numbered their pages that way). If you're looking for a good diversion or a change of pace, and don't mind learning a thing or two about maths along the way, this might be a good book for you. Recommended!