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Social Sciences · Economics Rank #6 of 351

Economicsat University of California-Santa Barbara

Graduates earn $66,334/yr in their first year — about 23.0% above the national Economics average. Base-case 10-year earnings $926K; scenarios range from $762K to $976K depending on AI disruption.

Santa Barbara, CA Public Bachelor's Degree
DegreeOutlook Score
80 STRONG
81
Optimistic
77
Pessimistic
Earnings
$66,334
1-year post-graduation
ROI
17.0x
Earnings : in-state tuition
10-yr Base
$926K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at UC Santa Barbara

Your strong financial outlook from a UCSB Economics degree reflects the program's robust quantitative training and the university's broad appeal to employers across California and beyond. As a top-tier public institution, UCSB cultivates a reputation for rigorous analytical skills, essential for roles in finance, tech, and consulting. Many graduates leverage their econometric modeling and data analysis expertise into high-demand positions, often entering as analysts before quickly advancing into managerial or specialized data science roles within major tech firms, financial services companies, or even public sector agencies in the region. To truly maximize your potential, especially given the high AI risk in analytical fields, actively pursue internships that apply your skills to real-world datasets and focus on developing exceptional communication abilities to translate complex economic insights into actionable strategies.

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
$762K
10-year cumulative earnings
Scenario Score77/100
Earnings Multiple12.7x
Base Case
Moderate Integration
$926K
10-year cumulative earnings
Scenario Score80/100
Earnings Multiple15.5x
Optimistic
AI Augmentation
$976K
10-year cumulative earnings
Scenario Score81/100
Earnings Multiple16.3x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to UC Santa Barbara'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 UC Santa Barbara 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
Same state (CA)
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 UC Santa Barbara

Other top programs at UC Santa Barbara

Other highest-scoring programs offered at UC Santa Barbara, 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 UC Santa Barbara

What is the DegreeOutlook Score for Economics at University of California-Santa Barbara?

This program scores 80/100 — 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 $762,200 in decade earnings vs $975,657 in the optimistic case — a meaningful gap.

What makes University of California-Santa Barbara's Economics program stand out?

Ranked #6 of 351 programs nationally, University of California-Santa Barbara lands in the top 5%. The ranking reflects a combination of graduate earnings, return on investment, and job market alignment.