Economics Schools in Michigan
In 2022-2023, 1,312 students earned their Economics degrees in MI.
In this state, Economics is the 34th most popular major out of a total 242 majors commonly available.
Education Levels of Economics Majors in Michigan
Economics majors in the state tend to have the following degree levels:
| Education Level | Number of Grads |
|---|---|
| Master’s Degree | 152 |
| Doctor’s Degree (Research / Scholarship) | 61 |
| Doctor’s Degree (Professional Practice) | 61 |
| Doctor’s Degree (Other) | 61 |
| Post-Master’s Certificate | 2 |
| Postbaccalaureate Certificate | 2 |
Gender Distribution
In Michigan, a economics major is more popular with men than with women.
Racial Distribution
The racial distribution of economics majors in Michigan is as follows:
- Asian: 8.1%
- Black or African American: 3.0%
- Hispanic or Latino: 4.4%
- White: 47.1%
- Non-Resident Alien: 29.2%
- Other Races: 8.2%
Jobs for Economics Grads in Michigan
In this state, there are 26,140 people employed in jobs related to an economics degree, compared to 1,144,130 nationwide.
Wages for Economics Jobs in Michigan
In this state, economics grads earn an average of $90,040. Nationwide, they make an average of $115,590.
Most Popular Economics Programs in MI
There are 9 colleges in Michigan that offer economics degrees. Learn about the most popular 9 below:
A typical student attending U-M will pay a net price of $16,792. The average student takes 4.16 years to complete their degree at U-M. The student to faculty ratio is 12 to 1.
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94% of students get financical aid. Of all the teachers who work at the school, 86% are considered full time. 17 to 1 is the student to faculty ratio.
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Students enjoy a student to faculty ratio of 11 to 1. Seeking financial aid? At this school, 100% of students receive it. Most students complete their degree in 4.28 years.
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This private school has an average net price of $23,876. 98% of students are awarded financial aid at this school. The student to faculty ratio is 10 to 1.
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Most students complete their degree in 4.73 years. 58% of the teachers are full time. A typical student attending Wayne State will pay a net price of $14,055.
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The average student takes 4.64 years to complete their degree at WMU. Students enjoy a student to faculty ratio of 16 to 1. This public college charges it's students an average net price of $19,884.
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The full-time teacher rate is 76%. Most students complete their degree in 4.65 years. This public college charges it's students an average net price of $14,630.
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96% of students are awarded financial aid at this school. 14 to 1 is the student to faculty ratio. This public college charges it's students an average net price of $15,472.
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Students who attend this public school pay an average net price of $16,283. The student to faculty ratio is 13 to 1. Of all the teachers who work at the school, 87% are considered full time.
Request InformationEconomics Careers in MI
Some of the careers economics majors go into include:
| Job Title | MI Job Growth | MI Median Salary |
|---|---|---|
| Market Research Analysts and Marketing Specialists | 24% | $61,280 |
Related Majors in Michigan
Below are some popular majors in the state that are similar to economics.
| Major | Annual Graduates in MI |
|---|---|
| Political Science & Government | 53 |
| Anthropology | 43 |
| Geography & Cartography | 42 |
| Sociology | 35 |
| Other Social Sciences | 10 |
| General Social Sciences | 6 |
| Archeology | 3 |
| International Relations & Security | 2 |
View all majors related to Economics
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View Nationwide Economics Report
References
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By pixabay under License
More about our data sources and methodologies.
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