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Social Sciences · Economics Rank #126 of 351

Economicsat Bates College

Graduates earn $71,187/yr in their first year — about 32.0% above the national Economics average. Base-case 10-year earnings $915K; scenarios range from $754K to $963K depending on AI disruption.

Lewiston, ME Private nonprofit Bachelor's Degree
DegreeOutlook Score
69 SOLID
70
Optimistic
66
Pessimistic
Earnings
$71,187
1-year post-graduation
ROI
3.3x
Earnings : tuition
10-yr Base
$915K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Bates College

Bates' rigorous liberal arts approach to Economics cultivates exceptionally versatile graduates. Your strong analytical, critical thinking, and communication skills, honed in small classes and close faculty mentorship, are highly valued across sectors. This explains why you'll find alumni succeeding in competitive fields like finance, consulting, and data analytics, often landing roles in Boston or New York, but also making significant impacts in public policy and non-profits. The program's reputation opens doors, and employers trust Bates graduates to adapt and lead. While some specific analytical tasks face automation, your broader problem-solving and strategic thinking abilities position you to integrate new technologies, not be replaced by them. To maximize this, actively seek internships that blend quantitative analysis with real-world communication, and build a diverse professional network early.

AI Outlook Integration

Three scenarios, ten years out

Each scenario is a different assumption about how AI reshapes the career paths this major feeds into. Earnings projections stack the full 10-year cumulative trajectory; scores use the same 0–100 metric as the hero, recomputed under that scenario's assumptions.

Pessimistic
Mass Automation
$754K
10-year cumulative earnings
Scenario Score66/100
Earnings Multiple3.0x
Base Case
Moderate Integration
$915K
10-year cumulative earnings
Scenario Score69/100
Earnings Multiple3.6x
Optimistic
AI Augmentation
$963K
10-year cumulative earnings
Scenario Score70/100
Earnings Multiple3.8x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Bates College's starting earnings; optimistic and pessimistic adjust for AI's effect on each career path this major feeds into.

Career Paths

Where Economics graduates typically work

Common career destinations for this program's graduates, weighted by the school's specific occupation mix. Salary is BLS national median; AI risk is per-role task-exposure research.

1
Managers, all other
+4.5% 10-yr growth · 106,700 openings/yr
$136,550/yr
Moderate
2
Economics teachers, postsecondary
+2.1% 10-yr growth · 1,200 openings/yr
$119,980/yr
Moderate
3
Economists
+1.2% 10-yr growth · 900 openings/yr
$115,440/yr
High
4
Data scientists
+33.5% 10-yr growth · 23,400 openings/yr
$112,590/yr
High
5
Statisticians
+8.5% 10-yr growth · 2,000 openings/yr
$103,300/yr
High
6
Market research analysts and marketing specialists
+6.7% 10-yr growth · 87,200 openings/yr
$76,950/yr
High
Source: BLS Occupational Employment & Wage Statistics, May 2024. AI exposure from OpenAI GPTs-are-GPTs and Felten AIOE research.
Compare & Explore

Peer schools offering Economics

How Bates College stacks up against other schools offering this major.

Highest earnings
Harvard University
MA · Private nonprofit
77
DW Score
$104K
1-yr earn
5.8x
ROI
Princeton University
NJ · Private nonprofit
62
DW Score
$103K
1-yr earn
3.3x
ROI
Duke University
NC · Private nonprofit
76
DW Score
$99K
1-yr earn
5.5x
ROI
Stanford University
CA · Private nonprofit
76
DW Score
$98K
1-yr earn
4.9x
ROI
Dartmouth College
NH · Private nonprofit
76
DW Score
$95K
1-yr earn
4.8x
ROI
Also at Bates College

Other top programs at Bates College

Other highest-scoring programs offered at Bates College, ranked by DegreeOutlook Score.

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.

Compare Economics trade programs on TradeSchoolOutlook →
FAQ

Frequently asked about Economics at Bates College

What does a 69/100 DegreeOutlook Score mean for Economics at Bates College?

At 69/100, Bates College's Economics program delivers middling returns. School cost and personal fit become important decision factors.

Should I worry about AI if I study Economics at Bates College?

The 56% AI task exposure score is above average. Our model shows this affecting job availability more than salaries — graduates may face stiffer competition for fewer positions.

What do students actually pay for Economics at Bates College?

The 52% gap between sticker price and net cost means most students pay far less than $253,912. At a net cost of $122,812, the earnings multiple improves substantially.