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Decode Econ

Decode Econ

Von: Abdullah Al Bahrani
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About Decode Econ: The Podcast The economy touches everything — from the price of your morning coffee to the decisions shaping our future. Decode Econ breaks it all down. Hosted by Dr. Abdullah Al Bahrani (“Dr. A”), economist, educator, and storyteller, this podcast makes economics personal, practical, and easy to understand. Each episode explores the trends behind the headlines — inflation, jobs, technology, policy, and the everyday decisions that drive them. Through stories, data, and conversations with thinkers, entrepreneurs, and community leaders, you stay informed.Abdullah Al Bahrani Ökonomie
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  • What Students Bring to Day One, with Brandon Sheridan

    What Students Bring to Day One, with Brandon Sheridan
    Oct 10 2026

    ABOUT THIS EPISODE

    Brandon Sheridan is back on the show. In August, he told us the economy was moving sideways. A month and a half later, I asked him if anything had changed. Short answer: not much.

    Then we got into the conversation I've wanted to have with him for a while: his new paper, with 25 coauthors, on what students bring to the first day of an economics class. If you teach economics, this one is for you.
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    39 Min.
  • It's a Cold Labor Market

    It's a Cold Labor Market
    Oct 4 2026

    Here’s my takeaway up front: in this job market, you have to prove yourself more than ever.

    Friday’s jobs report was the last one before the midterm elections, and it was boring. Boring the way a cold labor market is boring. Nobody is getting laid off in big waves. Nobody is getting hired either.

    This week on the Decode Econ podcast, Dr. Jeni Al-Bahrani joins me to talk about what that looks like on the ground. Jeni teaches the senior capstone at Miami University. In fall 2024, about 80% of her seniors had a job lined up before graduation. This fall, it’s about 30%.

    Our students want accountability; they want to be challenged, but when you hold them to higher standards, they are pushing back. Jeni called them “Ouchie” moments. If you have noticed that your students are changing, this episode is for you.

    We also talk about the three hours at the Apple Store, a lesson in switching costs, and a server who told us the pretzels don’t come with butter, not “in this economy.”

    Our economy is changing, so are your students


    Read more on substack

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    45 Min.
  • Is Econ Worth It? What do econ majors do and what do they earn?

    Is Econ Worth It? What do econ majors do and what do they earn?
    Sep 26 2026
    This week on the Decode Econ Podcast, I sat down with Matt Holian, an economics professor at San Jose State. When Matt was department chair, he needed an honest answer to the question every recruiter gets: what jobs do econ majors actually get? He went looking for the data. Subscribe nowUsing Census microdata, Matt and his coauthor Kevin Chiu tracked mid-career econ grads (ages 35 to 45, bachelor’s as their highest degree) into the jobs they actually hold. Their paper came out this year in the Journal of Economic Education. Holian, M., & Chiu, K. (2026). Earnings, occupation, and college degree: A focus on the economics major. The Journal of Economic Education, 57(3), 326-334.Here’s what jumped out at me:Economics is a top-10 earning major, with a median income around $105,000. Seven of the other nine are engineering fields.A quarter of econ grads land in five occupations: managers, financial managers, chief executives, accountants, and personal financial advisors. The other three-quarters are everywhere. Analysts. Sales. Software developers. Teachers.Econ grads working as securities and financial services sales agents earn a median of nearly $298,000.11.1% of econ majors are self-employed. That’s one of the highest rates of any major.So is the degree doing the work? Matt was careful here, and I respected it. The data can’t tell you that. Economics may attract people who are already comfortable with risk, and those people might have done well in any major. That might be a selection issue. We also got into his textbook, Data and the American Dream, which teaches econometrics by having students replicate real published studies using free software. If you’re a student picking a major, a parent paying for one, or a professor who keeps hearing “what can I even do with this?”, this episode is for you.The researchEarnings, occupation, and college degree: A focus on the economics major (Holian & Chiu, 2026, Journal of Economic Education). The analysis code is archived on OpenICPSR, and you can modify it to look up the top jobs and earnings for any college major.Methods in open policy analysis: An application to California’s building energy codes (Holian, 2023, Contemporary Economic Policy). Extends the cost-benefit analysis from Chapter 2 of his book. Replication package here.The booksData and the American Dream: Contemporary Social Controversies and the American Community Survey(Holian, Palgrave Macmillan/Springer). Matt’s advice: check your library before you buy. Many university libraries give you the full PDF free through SpringerLink. Replication files on OpenICPSR.Mastering ‘Metrics by Joshua Angrist and Jörn-Steffen Pischke. “The most undergrad-friendly econometrics book out there”, with the same notation as Matt’s book, so the two pair well. Angrist’s free Mastering Econometrics video series goes with it.The data (all free)American Community Survey via IPUMS USA. The largest household survey in the U.S., with college major, occupation, and income.Current Population Survey via IPUMS CPS. The monthly survey behind the unemployment rate.Historical U.S. Census data via IPUMS USA. Goes back to the 1800s with consistent coding.ipumsr, an R package that pulls IPUMS data straight into R.The toolsPosit Cloud. Run R in your browser with nothing to install.OpenICPSR. A free archive where researchers post the data and code behind published studies.Find Matt: mattholian.comFor economics educators: Matt is exploring an edited volume that expands Data and the American Dream to other IPUMS datasets, one chapter per contributor. If that’s you, reach out to him.Decode Econ grows when readers share it with people they trust. If this edition made something click for you, pass it along. That’s how this works.
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    38 Min.
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