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On Average Professors of Finance Earn More Than Professors of Economics

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Essay

On average professors of finance earn more than professors of economics. Other things the same, what does this imply about the supply of each type of professor?


Definitions:

DSL

Digital Subscriber Line is a collective term for technologies that enable internet connectivity through the digital data transmission over local telephone network cables.

Bandwidth

The maximum rate of data transfer across a given path or connection in a specified period, typically measured in bits per second (bps).

Fiber-Optic

Technology that uses glass or plastic fibers to transmit data at high speeds using light.

Glass

A hard, brittle substance, typically transparent or translucent, made by fusing sand with soda, lime, and sometimes other ingredients and cooling rapidly.

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