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Social Sciences · Economics Rank #21 of 351

Economicsat University of Wisconsin-Madison

Graduates earn $54,495/yr in their first year — about 1.0% above the national Economics average. Base-case 10-year earnings $763K; scenarios range from $650K to $793K depending on AI disruption.

Madison, WI Public Bachelor's Degree
DegreeOutlook Score
77 STRONG
78
Optimistic
72
Pessimistic
Earnings
$54,495
1-year post-graduation
ROI
18.0x
Earnings : in-state tuition
10-yr Base
$763K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at UW-Madison

First-year earnings of $54,495 track close to the $53,966 national median for Economics programs. This is a middle-of-the-road outcome on salary alone.

Every dollar of in-state tuition returns an estimated 17.0x 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 18% gap from the optimistic case.

At $20,500 in median debt against $54,495 in first-year earnings, graduates can expect to clear their loan balance in under six months of full earnings.

Ranked #21 of 351 programs, University of Wisconsin-Madison's Economics program falls in the top 10%, outperforming most peers on financial outcomes.

Five-year earnings of $84,958 show a 56% jump from the $54,495 starting point — strong upward trajectory suggesting real career acceleration.

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
$650K
10-year cumulative earnings
Scenario Score72/100
Earnings Multiple14.5x
Base Case
Moderate Integration
$763K
10-year cumulative earnings
Scenario Score77/100
Earnings Multiple17.0x
Optimistic
AI Augmentation
$793K
10-year cumulative earnings
Scenario Score78/100
Earnings Multiple17.7x
Earnings Trajectory

10 year projection

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

Other top programs at UW-Madison

Other highest-scoring programs offered at UW-Madison, 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 UW-Madison

What is the DegreeOutlook Score for Economics at University of Wisconsin-Madison?

This program scores 77/100 — 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 $650,339 in decade earnings vs $793,227 in the optimistic case — a meaningful gap.