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The Academic Coverage of Business Ethics: Does Economics Measure Up?
Authors:David J. Hoaas  Don C. Wilcox
Abstract:A bstract Economics and business classes are closely related and, in most colleges and universities , included in the business core curriculum . Courses in ethics and the social responsibility of business, if not required, are increasingly recommended to business students. The authors argue that: (1) a discussion of ethical issues is lacking in economics core courses while core courses in management and marketing contain extensive coverage of the topic and (2) this topic should be integrated into the core courses of all business-related disciplines. In economics texts, problems of efficiency are seen as manageable and uncontroversial while problems of ethics and equity are seen as controversial and theoretically intractable. Using survey data from the top selling texts in the principles of economics , intermediate microeconomics , the principles of marketing, and the principles of management , the authors show the disparity in the presentation of ethical issues between the disciplines of business and economics.
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