The Impact of a Business Education on Fiscal Conservatism

Abstract

This article examines the differences in fiscal conservatism between students enrolled in a college of business and those enrolled as nonbusiness majors. Fiscal conservatism is examined using two constructs: fiscal ideology (a) at a macro level and (b) at a micro level, students' ability to monitor and regulate their personal consumer spending self-control. Further, the authors investigate whether a gender gap exists in regards to these constructs and examine potential ideological and personal spending differences between juniors and seniors to assess the impact a business education might have on these attitudes.

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Keywords:

• business education
• business versus nonbusiness majors
• consumer spending self-control
• fiscal ideology
• gender differences