Economics Bachelor’s Degrees
A bachelor’s degree in Economics is offered at 826 colleges in the United States, where you can earn abachelor’s degree in Economics. Among those who recently graduated from the schools offering this degree, the majority were men, and37% were students from underrepresented racial-ethnic groups. Also, 18.9% of Economics graduates were international students.
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Education Levels of Economics Majors
In the most recent year for which data is available, 45,628 degrees were awarded toEconomics majors across all award levels. The following table shows the number of diplomas awarded in Economics at each degree level.
| Education Level | Number of Grads |
|---|---|
| Certificate | 1 |
| Associate’s Degree | 4,406 |
| Bachelor’s Degree (this page) | 34,393 |
| Master’s Degree | 5,419 |
| Doctor’s Degree | 1,409 |
Earnings of Economics Majors With Bachelor’s Degrees (All Award Levels)
The median salary for graduates holding abachelor’s degree in Economics of $74,609 four years after graduation. These figures are reported program-wide, across all award levels.
This number may vary for many reasons. For instance, you may move to a location where people with your degree are rare and make more money.
| Years After Graduation | Median Earnings |
|---|---|
| 1 year | $56,270 |
| 4 years | $74,609 |
| 5 years | $87,950 |
Source: U.S. Department of Education College Scorecard, field-of-study earnings tracker (program-wide, all award levels).
Student Debt (All Award Levels)
We do not have the data to estimate the median debt for graduates with this degree.
Student Diversity
This degree is more popular with male students. About 65.6% of graduates in this field are men.
| Gender | Number of Grads |
|---|---|
| Men | 22,564 |
| Women | 11,829 |
The racial-ethnic distribution of Economics graduates is as follows:
| Race / Ethnicity | Number of Grads | Share |
|---|---|---|
| White | 14,995 | 43.6% |
| Asian | 4,937 | 14.4% |
| Hispanic or Latino | 3,815 | 11.1% |
| Black or African American | 1,471 | 4.3% |
| American Indian / Alaska Native | 47 | 0.1% |
| Native Hawaiian / Pacific Islander | 36 | 0.1% |
| Two or More Races | 1,405 | 4.1% |
| Race Unknown | 1,176 | 3.4% |
| International Students | 6,511 | 18.9% |
This degree is very popular with international students. Around 18.9% of graduates are in this category.
See the minority definition in the References below.
Most Popular Economics Programs for Bachelor’s Degrees
There are 937 colleges that offer a bachelor’s degree in Economics. Learn more about the most popular below:
University of California-Los Angeles tops the list of the most popular schools in the U.S. for Economics majors seeking their bachelor's degree. During the most recent year for which we have data, 1,017 people received their bachelor's degree in Economics from this school. Graduates who complete their bachelor's degree in Economics here go on to a median salary of $40,669.
University of Michigan-Ann Arbor comes in at #2 on our list of the most popular colleges offering bachelor's degrees in Economics. This school awarded 838 bachelor's degrees in Economics in the most recent reporting year. Graduates who complete their bachelor's degree in Economics here go on to a median salary of $40,669.
University of Chicago comes in at #3 on our list of the most popular colleges offering bachelor's degrees in Economics. This school awarded 828 bachelor's degrees in Economics in the most recent reporting year. Graduates who complete their bachelor's degree in Economics here go on to a median salary of $40,669.
University of Wisconsin-Madison comes in at #4 on our list of the most popular colleges offering bachelor's degrees in Economics. This school awarded 804 bachelor's degrees in Economics in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
New York University comes in at #5 on our list of the most popular colleges offering bachelor's degrees in Economics. During the most recent year for which we have data, 774 people received their bachelor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
University of California-Santa Barbara is a popular choice for Economics majors seeking their bachelor's degree. This school awarded 729 bachelor's degrees in Economics in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
University of California-Berkeley is a popular choice for Economics majors seeking their bachelor's degree. During the most recent year for which we have data, 707 people received their bachelor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Johns Hopkins University is a popular choice for Economics majors seeking their bachelor's degree. This school awarded 645 bachelor's degrees in Economics in the most recent reporting year. Graduates who complete their bachelor's degree in Economics here go on to a median salary of $40,669.
Columbia University in the City of New York is a popular choice for Economics majors seeking their bachelor's degree. This school awarded 528 bachelor's degrees in Economics in the most recent reporting year. Graduates who complete their bachelor's degree in Economics here go on to a median salary of $40,669.
University of California-Davis is a popular choice for Economics majors seeking their bachelor's degree. This school awarded 487 bachelor's degrees in Economics in the most recent reporting year. Graduates who complete their bachelor's degree in Economics here go on to a median salary of $40,669.
University of North Carolina at Chapel Hill is a popular choice for Economics majors seeking their bachelor's degree. During the most recent year for which we have data, 486 people received their bachelor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Texas A&M University-College Station comes in at #12 on our list of the most popular colleges offering bachelor's degrees in Economics. During the most recent year for which we have data, 483 people received their bachelor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
University of Connecticut comes in at #13 on our list of the most popular colleges offering bachelor's degrees in Economics. During the most recent year for which we have data, 471 people received their bachelor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Boston College is a popular choice for Economics majors seeking their bachelor's degree. This school awarded 460 bachelor's degrees in Economics in the most recent reporting year. Graduates who complete their bachelor's degree in Economics here go on to a median salary of $40,669.
University of Illinois Urbana-Champaign is a popular choice for Economics majors seeking their bachelor's degree. During the most recent year for which we have data, 444 people received their bachelor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
University of Massachusetts-Amherst is a popular choice for Economics majors seeking their bachelor's degree. During the most recent year for which we have data, 442 people received their bachelor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
The University of Texas at Austin is a popular choice for Economics majors seeking their bachelor's degree. During the most recent year for which we have data, 440 people received their bachelor's degree in Economics from this school. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Harvard University comes in at #18 on our list of the most popular colleges offering bachelor's degrees in Economics. This school awarded 423 bachelor's degrees in Economics in the most recent reporting year. Graduates who complete their bachelor's degree in Economics here go on to a median salary of $40,669.
University of California-Irvine is a popular choice for Economics majors seeking their bachelor's degree. This school awarded 412 bachelor's degrees in Economics in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Northwestern University comes in at #20 on our list of the most popular colleges offering bachelor's degrees in Economics. This school awarded 404 bachelor's degrees in Economics in the most recent reporting year. Data shows that graduates who hold this degree go on to make a median salary of $40,669.
Economics Concentrations
| Major | Annual Degrees Awarded |
|---|---|
| Econometrics and Quantitative Economics | 22,727 |
| Economics, General | 21,627 |
| Development Economics and International Development | 375 |
| Applied Economics | 368 |
| International Economics | 281 |
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Related Majors
Below are some popular majors similar to Economics that also offer bachelor’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Political Science and Government | 44,942 |
| Sociology | 31,380 |
| Social Sciences, General | 17,510 |
| International Relations and National Security Studies | 13,035 |
| Anthropology | 10,768 |
References
The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics (IPEDS)
- O*NET Online
- U.S. Bureau of Labor Statistics
- U.S. Department of Education College Scorecard
More about our data sources and methodologies.
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