Economics at University of Chicago
UChicago is located in Chicago, Illinois and approximately 17,834 students attend the school each year. Of the 2,163 students who graduated with a bachelor’s degree from University of Chicago in 2021, 491 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.
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UChicago Economics Degrees Available
- Bachelor’s Degree in Economics
- Master’s Degree in Economics
- Doctorate Degree in Economics
UChicago Economics Rankings
The following rankings from College Factual show how the economics progam at UChicago compares to programs at other colleges and universities.
Note: While rankings may be a good starting point when you're researching a school, they don't necessarily highlight all of a school's strengths. Don't forget to check out the other details that are available for a school to see if it has what you're looking for in a program.
Bachelor’s Degree Overall Quality & Other Notable Rankings
The economics major at UChicago 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 |
|---|---|
| Most Focused Economics Graduate Certificate Schools | 3 |
| Best Economics Doctor’s Degree Schools | 7 |
| Best Economics Schools | 8 |
| Most Focused Economics Bachelor’s Degree Schools | 61 |
In 2021, 68 students received their master’s degree in economics from UChicago. This makes it the #16 most popular school for economics master’s degree candidates in the country.
There were 43 students who received their doctoral degrees in economics, making the school the #1 most popular school in the United States for this category of students.
Earnings of UChicago Economics Graduates
The median salary of economics students who receive their bachelor's degree at UChicago is $82,564. This is great news for graduates of the program, since this figure is 80% higher than the national average of $45,868 for all economics bachelor's degree recipients.
Economics Student Demographics at UChicago
Take a look at the following statistics related to the make-up of the economics majors at University of Chicago.
UChicago Economics Bachelor’s Program
Prospective students may be interested in knowing that this school graduates 12% more racial-ethnic minorities in its economics bachelor's program than the national average.*
The following table and chart show the race/ethnicity for students who recently graduated from University of Chicago with a bachelor's in economics.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 128 |
| Black or African American | 5 |
| Hispanic or Latino | 46 |
| White | 154 |
| International Students | 118 |
| Other Races/Ethnicities | 40 |
UChicago Economics Master’s Program
The following table and chart show the race/ethnicity for students who recently graduated from University of Chicago with a master's in economics.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 2 |
| Black or African American | 0 |
| Hispanic or Latino | 1 |
| White | 6 |
| International Students | 58 |
| Other Races/Ethnicities | 1 |
UChicago also has a doctoral program available in economics. In 2021, 43 students graduated with a doctor's degree in this field.
Related Majors
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 IL, the home state for University of Chicago.
| Occupation | Jobs in IL | Average Salary in IL |
|---|---|---|
| Market Research Analysts and Marketing Specialists | 30,150 | $61,670 |
| Survey Researchers | 1,590 | $57,560 |
| Economics Professors | 520 | $128,340 |
| Economists | 380 | $108,690 |
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.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Leefon under License
More about our data sources and methodologies.
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