Home Schools Rice University Economics
Social Sciences · Economics Rank #108 of 351

Economicsat Rice University

Graduates earn $78,814/yr in their first year — about 46.0% above the national Economics average. Base-case 10-year earnings $861K; scenarios range from $718K to $903K depending on AI disruption.

Houston, TX Private nonprofit Bachelor's Degree
DegreeOutlook Score
71 STRONG
72
Optimistic
67
Pessimistic
Earnings
$78,814
1-year post-graduation
ROI
3.5x
Earnings : tuition
10-yr Base
$861K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Rice University

Rice University's strong academic reputation, especially in quantitative fields, ensures its Economics graduates are highly sought after. Located in Houston, a major economic hub with thriving energy, finance, and healthcare sectors, you'll find numerous opportunities to apply your analytical skills directly in the local corporate landscape. The program's rigorous curriculum, often emphasizing econometrics and data analysis, prepares students not just for traditional economist roles but also for high-impact positions in consulting, financial analysis, and data science. While AI advancements present shifts in some analytical tasks, Rice's emphasis on critical thinking and problem-solving ensures you'll be adaptable. To thrive, actively seek internships that blend your economic theory with practical data tools, enhancing your marketability.

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
$718K
10-year cumulative earnings
Scenario Score67/100
Earnings Multiple3.1x
Base Case
Moderate Integration
$861K
10-year cumulative earnings
Scenario Score71/100
Earnings Multiple3.7x
Optimistic
AI Augmentation
$903K
10-year cumulative earnings
Scenario Score72/100
Earnings Multiple3.9x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Rice University'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 Rice University 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 Rice University

Other top programs at Rice University

Other highest-scoring programs offered at Rice University, 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 Rice University

How does Rice University's Economics program score?

A score of 71/100 indicates strong financial outcomes. Rice University's Economics graduates fare well on earnings, job market size, and return on investment.

How vulnerable is Economics to AI automation?

AI won't 'replace' Economics careers outright, but it is likely to reduce the number of job openings. We model 56% task exposure, which compresses field employment probability in our scenarios.

How affordable is Economics at Rice University after financial aid?

Sticker price is $232,512, but the average net cost is $50,560 — a 78% discount. For students who qualify for aid, this program is considerably more affordable than it appears.