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All Majors
Social Sciences & Management

Economics

Top Salary
$115,440
Job Growth
+1%
Total Employed
17,600
Career Paths
1

Overview

The Economics major provides students with a comprehensive understanding of how economies function and the various factors that influence economic decision-making. Students will delve into key study areas such as microeconomics, macroeconomics, econometrics, and international economics. Through these courses, they will learn to analyze data, interpret economic trends, and apply theoretical concepts to real-world scenarios. The curriculum emphasizes critical thinking, quantitative analysis, and effective communication skills, equipping students with the tools necessary to tackle complex economic issues. Graduates of the Economics program are well-prepared for careers as economists, where they can expect to earn an average salary of $115,440 per year, with a projected job growth rate of 1%. The skills developed in this major, including reading comprehension, mathematics, and judgment and decision-making, are highly sought after in various sectors, including government, finance, and academia. Additionally, students will gain knowledge in related fields such as accounting, law, and management, enhancing their versatility in the job market. Overall, an Economics degree opens doors to a wide range of career opportunities and provides a solid foundation for further studies in business, law, or public policy.

Source: O*NET Database — U.S. Department of Labor

Career Paths & Salaries

Economists
17,600 employed+1% growth
$115,440
/year

Salary data from Bureau of Labor Statistics (last updated: February 2026)

Top Required Skills

Reading Comprehension82%
Mathematics82%
Critical Thinking82%
Active Listening80%
Writing80%
Speaking80%
Judgment and Decision Making80%
Active Learning75%

Core Knowledge Areas

Mathematics91%
Economics and Accounting89%
English Language81%
Computers and Electronics76%
Education and Training62%
Communications and Media55%
Law and Government53%
Administration and Management52%

Frequently Asked Questions

What jobs are available for graduates with a degree in Economics?

Graduates with a degree in Economics can work as economists, with an average salary of about $115,440 per year. However, job growth in this field is only 1%.

What are the essential skills I should acquire as an Economics student?

Economics students should develop skills such as reading comprehension, mathematics, critical thinking, active listening, writing, speaking, judgment and decision making, and active learning.

Are there good job opportunities for Economics graduates?

Yes, although job growth is 1%, the average salary for Economics graduates is high, making opportunities good.

What fields can I specialize in after studying Economics?

You can specialize in fields such as economic analysis, economic policy, finance, or economic consulting.

How can I improve my math skills as an Economics student?

You can improve your math skills through regular study, solving problems, using online resources, and participating in study groups.

Education Level

Master's Degree50%
Doctoral Degree25%
Bachelor's Degree21%
Post-Doctoral Training4%

Data Source

Data from O*NET 30.2 Database (U.S. Dept. of Labor, February 2026) and Bureau of Labor Statistics salary data.