Open Educational Resources
Document Type
Other
Publication Date
Spring 5-28-2026
Abstract
Economists have scarcely investigated and analyzed the racial discrimination topic despite the prevalent presence of economic racism and inequality in the United States. For example, the article “Race and Racism in Economics” by Cihak, Mlachila, and Sahay (2020) present some shuttering findings. Out of 7,920 articles from the top 10 economic journals published during a decade from 2010-2020, only 0.2 percent cover issues of race, racial inequality, and racism. There is a scarcity of articles analyzing this topic that affects large communities. However, students need to be exposed to this reality and some unintended consequences of regulations that might aim to fix it, but it might exacerbate it.
This assignment has been modified to expose students to think critically and investigate about the unintended consequences of government regulations on markets that may encourage racial discrimination. This can be replicated in Microeconomic and Macroeconomic courses.
Čihák, M., Mlachila, M., & Sahay, R. (2024). Race and racism in economics. International Monetary Fund. https://www.imf.org/en/publications/fandd/issues/2020/09/race-and-racism-in-economics-imf
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
CUNY OER Funding
CUNY OER Initiative
