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Social Sciences · Economics Rank #28 of 351

Economicsat Stanford University

Graduates earn $98,104/yr in their first year — about 82.0% above the national Economics average. Base-case 10-year earnings $1,176K; scenarios range from $933K to $1,254K depending on AI disruption.

Stanford, CA Private nonprofit Bachelor's Degree
DegreeOutlook Score
76 STRONG
77
Optimistic
72
Pessimistic
Earnings
$98,104
1-year post-graduation
ROI
4.9x
Earnings : tuition
10-yr Base
$1,176K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Stanford University

Stanford's economics program consistently delivers exceptional outcomes, a testament to its rigorous curriculum, unparalleled faculty, and strategic location in Silicon Valley. The strong analytical and quantitative foundation you'll gain is highly sought after by a vast array of employers, from top-tier tech firms and venture capital funds to elite management consulting and finance companies, all of whom actively recruit on campus. Your access to this exclusive recruiting pipeline, coupled with a powerful alumni network, significantly shapes the career trajectories and robust earning potential you see.

While the "Very High" AI risk reflects the increasing automation in data analysis and forecasting common in economics, it also signals new opportunities. Many graduates leverage their economic insights in data science, product management, or strategic leadership roles within innovative companies. To truly maximize this degree, focus on complementing your economic theory with robust quantitative skills, perhaps through a minor in computer science or statistics, and seek internships that provide hands-on experience with data tools.

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
$933K
10-year cumulative earnings
Scenario Score72/100
Earnings Multiple3.7x
Base Case
Moderate Integration
$1,176K
10-year cumulative earnings
Scenario Score76/100
Earnings Multiple4.7x
Optimistic
AI Augmentation
$1,254K
10-year cumulative earnings
Scenario Score77/100
Earnings Multiple5.0x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Stanford 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 Stanford 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
Dartmouth College
NH · Private nonprofit
76
DW Score
$95K
1-yr earn
4.8x
ROI
University of Chicago
IL · Private nonprofit
75
DW Score
$92K
1-yr earn
4.9x
ROI
Also at Stanford University

Other top programs at Stanford University

Other highest-scoring programs offered at Stanford 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 Stanford University

How does Stanford University's Economics program score?

A score of 76/100 indicates strong financial outcomes. Stanford 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 Stanford University after financial aid?

Sticker price is $249,936, but the average net cost is $48,544 — a 81% discount. For students who qualify for aid, this program is considerably more affordable than it appears.