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Economics at Michigan State University

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Economics at Michigan State University

If you plan to study economics, take a look at what Michigan State University has to offer and decide if the program is a good match for you. Get started with the following essential facts.

Michigan State is located in East Lansing, Michigan and approximately 49,695 students attend the school each year. Of the 9,450 students who graduated with a bachelor’s degree from Michigan State University in 2021, 343 of them were economics majors.

Want to know more about the career opportunities in this field? Check out the Careers in Economics section at the bottom of this page.

Michigan State Economics Degrees Available

  • Bachelor’s Degree in Economics
  • Master’s Degree in Economics
  • Doctorate Degree in Economics

Michigan State Economics Rankings

The following rankings from College Factual show how the economics progam at Michigan State compares to programs at other colleges and universities.

Note: Rankings don't always give a complete picture of a school's strengths and weaknesses, so it's a good idea to extend your research and also look at other factors when trying to decide if the school is right for you.

Bachelor’s Degree Overall Quality & Other Notable Rankings

The economics major at Michigan State is not ranked on College Factual’s Best Colleges and Universities for Economics. This could be for a number of reasons, such as not having enough data on the major or school to make an accurate assessment of its quality.

Ranking Type Rank
Best Economics Doctor’s Degree Schools 23

In 2021, 17 students received their master’s degree in economics from Michigan State. This makes it the #74 most popular school for economics master’s degree candidates in the country.

There were 19 students who received their doctoral degrees in economics, making the school the #17 most popular school in the United States for this category of students.

How Much Do Economics Graduates from Michigan State Make?

The median salary of economics students who receive their bachelor's degree at Michigan State is $48,199. This is great news for graduates of the program, since this figure is 5% higher than the national average of $45,868 for all economics bachelor's degree recipients.

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Economics Student Demographics at Michigan State

Take a look at the following statistics related to the make-up of the economics majors at Michigan State University.

Michigan State Economics Bachelor’s Program

22% Women
15% Racial-Ethnic Minorities*
Of the 343 economics students who graduated with a bachelor's degree in 2020-2021 from Michigan State, about 78% were men and 22% were women.

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About 50% of those who receive a bachelor's degree in economics at Michigan State are white. This is above average for this degree on the nationwide level.

The following table and chart show the race/ethnicity for students who recently graduated from Michigan State University with a bachelor's in economics.

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Race/Ethnicity Number of Students
Asian 23
Black or African American 11
Hispanic or Latino 12
White 172
International Students 117
Other Races/Ethnicities 8

Michigan State Economics Master’s Program

35% Women
12% Racial-Ethnic Minorities*
During the 2020-2021 academic year, 17 economics majors earned their master's degree from Michigan State. Of these graduates, 65% were men and 35% were women.

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Of the students who received a economics master's degree from Michigan State, 53% were white. This is above average for this degree on the natiowide level.

The following table and chart show the race/ethnicity for students who recently graduated from Michigan State University with a master's in economics.

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Race/Ethnicity Number of Students
Asian 1
Black or African American 0
Hispanic or Latino 1
White 9
International Students 6
Other Races/Ethnicities 0

Michigan State also has a doctoral program available in economics. In 2021, 19 students graduated with a doctor's degree in this field.

Careers That Economics Grads May Go Into

A degree in economics can lead to the following careers. Since job numbers and average salaries can vary by geographic location, we have only included the numbers for MI, the home state for Michigan State University.

Occupation Jobs in MI Average Salary in MI
Market Research Analysts and Marketing Specialists 18,980 $67,500
Managers 6,370 $98,780
Economics Professors 300 $111,530
Economists 250 $90,040
Survey Researchers 240 $64,400

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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