Economics at Wayne State University

What traits are you looking for in a economics school? To help you decide if Wayne State University is right for you, we've gathered the following information about the school's economics program.

Wayne State is located in Detroit, Michigan and approximately 26,241 students attend the school each year. In 2021, 39 economics majors received their bachelor's degree from Wayne State.

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

Wayne State Economics Degrees Available

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

Wayne State Economics Rankings

The following rankings from College Factual show how the economics progam at Wayne 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 Wayne 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 Master’s Degree Schools	171
Best Value Economics Master’s Degree Schools	185
Best Value Economics Bachelor’s Degree Schools	465

In 2021, 10 students received their master’s degree in economics from Wayne State. This makes it the #113 most popular school for economics master’s degree candidates in the country.

There were 1 student who received their doctoral degrees in economics, making the school the #115 most popular school in the United States for this category of students.

Earnings of Wayne State Economics Graduates

The median salary of economics students who receive their bachelor's degree at Wayne State is $35,437. Unfortunately, this is lower than the national average of $45,868 for all economics students.

Economics Student Demographics at Wayne State

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

Wayne State Economics Bachelor’s Program

Of the 39 economics students who graduated with a bachelor's degree in 2020-2021 from Wayne State, about 62% were men and 38% were women. The typical economics bachelor's degree program is made up of only 36% women. So female students are more repesented at Wayne State since its program graduates 2% more women than average.

About 59% of those who receive a bachelor's degree in economics at Wayne State are white. This is above average for this degree on the nationwide level. Prospective students may be interested in knowing that this school graduates 7% 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 Wayne State University with a bachelor's in economics.

Race/Ethnicity	Number of Students
Asian	7
Black or African American	3
Hispanic or Latino	2
White	23
International Students	1
Other Races/Ethnicities	3

Wayne State Economics Master’s Program

Of the 10 students who graduated with a master’s in economics from Wayne State in 2021, 80% were men and 20% were women.

Of the students who received a economics master's degree from Wayne State, 70% 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 Wayne State University with a master's in economics.

Race/Ethnicity	Number of Students
Asian	0
Black or African American	1
Hispanic or Latino	0
White	7
International Students	2
Other Races/Ethnicities	0

Wayne State also has a doctoral program available in economics. In 2021, 1 students graduated with a doctor's degree in this field.

Related Majors

• Urban Studies
• Anthropology
• Sociology
• Political Science & Government

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 Wayne 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.

• College Factual
• National Center for Education Statistics
• O*NET Online
• Image Credit: By Del arte under License

More about our data sources and methodologies.