Economics at University of California-Berkeley

Berkeley, CA · Public · Bachelor's Degree
84 /100
DegreeOutlook Score (Base Case) — assumes in-state tuition
85
Optimistic
84
Base Case
80
Pessimistic
Earnings $80,446/yr (49% vs median)
AI Risk Very High (56% exposed)
Job Market Very Large (293,500 openings/yr)
ROI 17.4x earnings multiple (5.7x out-of-state)
Ranked #1 of 351 Economics programs Top 1%

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Economics graduates.

Optimistic
No Disruption
Base Case
Gradual AI
Pessimistic
Aggressive AI
10-Year Earnings $1,095K $1,033K $835K
Earnings Multiple (In-State) 18.4x 17.4x 14.1x
Earnings Multiple (Out-of-State) 6.0x 5.7x 4.6x
Probability of Field Employment 66% 60% 41%
DegreeOutlook Score 85 84 80

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition, In-State (Sticker)
$59,400
Out-of-state: $182,508 (5.7x ROI)
4-Year Net Price (After Aid)
$59,916
-1% less than sticker · See by income
Median Debt at Graduation
$12,650
1.9 months of Year 1 earnings
Reported Earnings (5 Year)
$125,636
56% growth from Year 1

Program Analysis

First-year earnings of $80,446 put University of California-Berkeley's Economics program 49% above the national median of $53,966 — one of the higher-earning programs in this field.

Every dollar of in-state tuition returns an estimated 17.4x in decade earnings — an exceptional ratio that places this among the highest-ROI Economics programs nationally.

Some AI exposure exists in Economics's typical career paths, with 56% of job tasks potentially affected. The pessimistic scenario still projects solid returns, with a 24% gap from the optimistic case.

With first-year pay of $80,446 far exceeding the $12,650 median debt, the payback timeline is measured in months, not years.

Ranked #1 of 351 Economics programs nationally, University of California-Berkeley sits in the top 1% — one of the strongest programs in the country by financial outcomes.

Five-year earnings of $125,636 show a 56% jump from the $80,446 starting point — strong upward trajectory suggesting real career acceleration.

About University of California-Berkeley

University of California-Berkeley's 12% admission rate places it in the top tier of selectivity nationally, one of the larger campuses at 33,073 students in Berkeley, CA.

See all programs and financial aid at University of California-Berkeley →

Top Career Paths

Managers, all other $136,550/yr
Economics teachers, postsecondary $119,980/yr
Economists $115,440/yr
View all 9 career paths with salary ranges and AI risk →

Compare & Explore

Economics at Other Schools

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Other Majors at University of California-Berkeley

Explore the Trade Alternative

Not every career requires a four-year degree. Trade programs in related fields can offer competitive salaries with a fraction of the student loan burden.

Frequently Asked Questions

What is the DegreeOutlook Score for Economics at University of California-Berkeley?
This program scores 84/100 — placing it among the stronger programs for Economics nationally. The score reflects above-average earnings, manageable AI risk, and solid financial return.
Will AI replace Economics careers?
With 56% of typical job tasks exposed to AI, this is one of the higher-risk fields. Our pessimistic scenario projects $835,143 in decade earnings vs $1,094,622 in the optimistic case — a meaningful gap.
What makes University of California-Berkeley's Economics program stand out?
Ranked #1 of 351 programs nationally, University of California-Berkeley lands in the top 1%. The ranking reflects a combination of graduate earnings, return on investment, and job market alignment.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →