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Social Sciences · Economics Rank #139 of 351

Economicsat University of Richmond

Graduates earn $61,027/yr in their first year — about 13.0% above the national Economics average. Base-case 10-year earnings $1,105K; scenarios range from $884K to $1,174K depending on AI disruption.

University of Richmond, VA Private nonprofit Bachelor's Degree
DegreeOutlook Score
69 SOLID
70
Optimistic
65
Pessimistic
Earnings
$61,027
1-year post-graduation
ROI
3.9x
Earnings : tuition
10-yr Base
$1,105K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at University of Richmond

Graduates earn $61,027/yr, edging above the $53,966 national average for Economics — a modest premium that suggests solid regional demand.

At 4.4x tuition cost in decade earnings, the ROI is moderate. This program pays for itself, but it's not a financial slam-dunk.

The 25% difference between AI scenarios reflects partial automation exposure. Some Economics career paths face displacement, but others in the field are more insulated.

At $22,750 in median debt against $61,027 in first-year earnings, graduates can expect to clear their loan balance in under six months of full earnings.

A #139 ranking among 351 Economics programs places University of Richmond in the middle-to-upper range. Solid, not exceptional.

The $61,027-to-$122,879 earnings arc over five years reflects a 101% gain — well above average career growth for recent graduates.

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
$884K
10-year cumulative earnings
Scenario Score65/100
Earnings Multiple3.5x
Base Case
Moderate Integration
$1,105K
10-year cumulative earnings
Scenario Score69/100
Earnings Multiple4.4x
Optimistic
AI Augmentation
$1,174K
10-year cumulative earnings
Scenario Score70/100
Earnings Multiple4.7x
Earnings Trajectory

10 year projection

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

Other top programs at University of Richmond

Other highest-scoring programs offered at University of Richmond, 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 University of Richmond

What does a 69/100 DegreeOutlook Score mean for Economics at University of Richmond?

At 69/100, University of Richmond'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 University of Richmond?

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.