Economics Degree

351 schools compared · Average earnings $53,967/yr

Students study how individuals, businesses, and governments allocate scarce resources, including microeconomic theory, macroeconomic policy, econometrics, and financial markets. Graduates typically pursue careers in finance, consulting, government economic policy, banking, market research, and data analytics, or continue to graduate programs in economics, law, or business. Economics is one of the highest-paying social science degrees, with graduates valued for their analytical and quantitative skills.

What Economics Graduates Do

Your economics degree trains you to understand the "why" behind decisions. Many graduates apply this in management, where you'll spend your days allocating budgets, structuring team incentives, and using data to justify strategic shifts. Others become market research analysts, designing surveys and analyzing consumer behavior to tell marketing teams what will sell. For those with strong quantitative skills, the path to data science is exploding; you’ll build complex models to forecast sales or optimize pricing.

Your career will likely progress from analysis to strategy. You might start as an analyst cleaning datasets, but you’ll advance by becoming the person who interprets the findings for executives and recommends action. While data-centric roles are growing fast, other paths like secondary school teaching are shrinking.

With an average AI exposure of 55%, expect technology to automate significant parts of your job. The routine data collection and number-crunching will increasingly be handled by AI. Your value will shift to asking the right questions, critically evaluating a model's output, and making nuanced judgments that algorithms can't.

Schools Offering
351
Avg Grad Earnings
$53,967/yr
Avg DegreeOutlook Score
65/100
AI Automation Risk
Very High
59% task exposure

Common Career Paths

Where Economics graduates typically work, ranked by salary. Salary ranges show 25th–75th percentile spread. This field has roughly 293,500 combined openings per year.

Career Path Salary Range Openings/yr Growth AI Risk
Managers, all other
$136,550
$100K$179K
106,700 +4.5% 47%
Economics teachers, postsecondary
$119,980
$81K$167K
1,200 +2.1% 48%
Economists
$115,440
$82K$166K
900 +1.2% 61%
Data scientists
$112,590
$83K$156K
23,400 +33.5% 64%
Statisticians
$103,300
$79K$138K
2,000 +8.5% 66%
Market research analysts and marketing specialists
$76,950
$56K$105K
87,200 +6.7% 55%
Secondary school teachers, except special and career/technical education
$64,580
$58K$83K
66,200 -1.6% 33%
Survey researchers
$63,380
$46K$85K
700 -5.2% 62%
Social science research assistants
$58,040
$46K$73K
5,200 +4.4% 67%
Managers, all other
$136,550
$100K $179K
106,700 openings/yr +4.5% growth 47% AI risk
Economics teachers, postsecondary
$119,980
$81K $167K
1,200 openings/yr +2.1% growth 48% AI risk
Economists
$115,440
$82K $166K
900 openings/yr +1.2% growth 61% AI risk
Data scientists
$112,590
$83K $156K
23,400 openings/yr +33.5% growth 64% AI risk
Statisticians
$103,300
$79K $138K
2,000 openings/yr +8.5% growth 66% AI risk
Market research analysts and marketing specialists
$76,950
$56K $105K
87,200 openings/yr +6.7% growth 55% AI risk
Secondary school teachers, except special and career/technical education
$64,580
$58K $83K
66,200 openings/yr -1.6% growth 33% AI risk
Survey researchers
$63,380
$46K $85K
700 openings/yr -5.2% growth 62% AI risk
Social science research assistants
$58,040
$46K $73K
5,200 openings/yr +4.4% growth 67% AI risk

Source: BLS Occupational Employment & Wage Statistics, May 2024. Salary range shows 25th–median–75th percentile (national).

Best Schools for Economics

Top 20 of 351 schools ranked by DegreeOutlook Score. Click any row for full AI scenario analysis and earnings projections.

# School DW Score Earnings ROI
1 University of California-Berkeley
Berkeley, CA
84
80–85
$80,446/yr 20.2x
2 University of North Carolina at Chapel Hill
Chapel Hill, NC
82
78–83
$65,344/yr 25.9x
3 Brigham Young University
Provo, UT
82
78–83
$63,332/yr 37.1x
4 Southern New Hampshire University
Manchester, NH
81
77–82
$69,807/yr 16.2x
5 University of Michigan-Ann Arbor
Ann Arbor, MI
80
76–81
$68,416/yr 14.8x
6 California Polytechnic State University-San Luis Obispo
San Luis Obispo, CA
80
77–81
$67,501/yr 19.2x
7 University of California-Santa Barbara
Santa Barbara, CA
80
77–81
$66,334/yr 17.0x
8 Utah State University
Logan, UT
80
76–81
$60,472/yr 22.9x
9 The University of Texas at Austin
Austin, TX
80
75–81
$58,717/yr 19.8x
10 Sonoma State University
Rohnert Park, CA
80
76–81
$53,825/yr 29.7x
11 University of Utah
Salt Lake City, UT
79
75–80
$64,386/yr 20.6x
12 James Madison University
Harrisonburg, VA
79
75–80
$62,286/yr 16.8x
13 University of California-Los Angeles
Los Angeles, CA
79
75–80
$62,091/yr 17.3x
14 Purdue University-Main Campus
West Lafayette, IN
78
74–79
$59,187/yr 19.3x
15 Indiana University-Bloomington
Bloomington, IN
78
74–79
$59,142/yr 17.4x
16 University of Maryland-College Park
College Park, MD
78
74–79
$58,650/yr 17.9x
17 Harvard University
Cambridge, MA
77
73–78
$103,993/yr 5.8x
18 University of Wisconsin-Oshkosh
Oshkosh, WI
77
73–78
$57,663/yr 21.1x
19 Iowa State University
Ames, IA
77
73–78
$57,619/yr 18.3x
20 University of Wisconsin-Madison
Madison, WI
77
72–78
$54,495/yr 18.0x

Highest Earning Economics Programs

Schools where Economics graduates earn the most in their first year after graduation.

School 1-Year Earnings DW Score
Harvard University $103,993/yr 77
Princeton University $103,041/yr 62
Duke University $98,649/yr 76
Stanford University $98,104/yr 76
Dartmouth College $94,675/yr 76
University of Chicago $92,075/yr 75
Amherst College $90,568/yr 75
Claremont McKenna College $89,505/yr 75
University of Pennsylvania $89,097/yr 75
Wellesley College $86,367/yr 71

Best ROI for Economics

Schools with the highest earnings-to-tuition ratio for Economics.

School ROI Multiple Earnings DW Score
Brigham Young University 37.1x $63,332/yr 82
Florida Atlantic University 34.0x $48,632/yr 74
Florida State University 31.6x $47,304/yr 74
University of Florida 30.2x $42,349/yr 71
Sonoma State University 29.7x $53,825/yr 80
California State University-Fullerton 29.4x $39,993/yr 70
Florida International University 27.7x $42,314/yr 71
University of North Carolina at Chapel Hill 25.9x $65,344/yr 82
CUNY Hunter College 25.4x $34,580/yr 61
Ohio University-Eastern Campus 25.2x $46,655/yr 72
Want to compare two Economics programs side by side? Use the comparison tool →

Related Majors

Explore similar fields of study.

Consider the Trade Route

Not sure a 4-year degree is the right path? Trade programs in Economics offer shorter timelines, lower debt, and strong AI resilience for hands-on careers.

Frequently Asked Questions

How much do Economics graduates earn?
Across 351 schools, Economics graduates earn an average of $53,967 per year in their first year after graduation. Earnings range from $23,222 to $103,993 depending on the school.
What is the AI automation risk for Economics?
Economics is rated "Very High" for AI automation risk, with an average of 59% of job tasks exposed to large language models and AI tools. This means most career tasks in this field could be augmented or replaced by AI over the next decade.
Which school has the best Economics program?
Based on our DegreeOutlook Score (combining earnings, AI resilience, job market size, and ROI), University of California-Berkeley ranks #1 for Economics with a score of 84/100 and graduate earnings of $80,446/yr.
What's the outlook for a Economics degree?
On average, Economics graduates earn 10.1x their in-state tuition over 10 years. This is a strong return on investment.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →