Home Schools Wake Forest University Economics
Social Sciences · Economics Rank #185 of 351

Economicsat Wake Forest University

Graduates earn $56,416/yr in their first year — about 5.0% above the national Economics average. Base-case 10-year earnings $992K; scenarios range from $807K to $1,049K depending on AI disruption.

Winston-Salem, NC Private nonprofit Bachelor's Degree
DegreeOutlook Score
66 SOLID
68
Optimistic
62
Pessimistic
Earnings
$56,416
1-year post-graduation
ROI
3.2x
Earnings : tuition
10-yr Base
$992K
Cumulative base-case earnings
AI Risk
Very High
59% task exposure
Program Analysis

What this degree looks like at Wake Forest University

First-year earnings of $56,416 track close to the $53,966 national median for Economics programs. This is a middle-of-the-road outcome on salary alone.

The 3.8x return on tuition is positive but not overwhelming. Financial outcomes depend on keeping costs close to in-state rates.

AI risk is moderate — 56% task exposure — and the 23% scenario spread suggests disruption would dent but not destroy the earnings outlook.

At $20,500 in median debt against $56,416 in first-year earnings, graduates can expect to clear their loan balance in under six months of full earnings.

At #185 out of 351 programs, Wake Forest University's financial outcomes for Economics trail the majority of peers. The value case depends on other factors.

Earnings growth from $56,416 to $109,506 over five years (94% increase) indicates that graduates in this field see meaningful salary progression.

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
$807K
10-year cumulative earnings
Scenario Score62/100
Earnings Multiple3.1x
Base Case
Moderate Integration
$992K
10-year cumulative earnings
Scenario Score66/100
Earnings Multiple3.8x
Optimistic
AI Augmentation
$1,049K
10-year cumulative earnings
Scenario Score68/100
Earnings Multiple4.1x
Earnings Trajectory

10 year projection

Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to Wake Forest 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 Wake Forest 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
Same state (NC)
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 Wake Forest University

Other top programs at Wake Forest University

Other highest-scoring programs offered at Wake Forest 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 Wake Forest University

How does Wake Forest University's Economics program score?

A score of 66/100 reflects decent absolute metrics, but Wake Forest University trails the majority of Economics programs on relative rankings. Context matters more than the raw number.

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 Wake Forest University after financial aid?

Sticker price is $259,032, but the average net cost is $114,984 — a 56% discount. For students who qualify for aid, this program is considerably more affordable than it appears.