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Economics in Illinois

Economics Schools in Illinois

2,164 students earned Economics degrees in Illinois in the 2022-2023 year.

In this state, Economics is the 13th most popular major out of a total 306 majors commonly available.

Education Levels of Economics Majors in Illinois

Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 1,706
Master’s Degree 315
Doctor’s Degree (Research / Scholarship) 117
Doctor’s Degree (Professional Practice) 117
Doctor’s Degree (Other) 117
Post-Master’s Certificate 26
Postbaccalaureate Certificate 26

Gender Distribution

In Illinois, a economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of economics majors in Illinois is as follows:

  • Asian: 16.3%
  • Black or African American: 2.7%
  • Hispanic or Latino: 9.5%
  • White: 31.4%
  • Non-Resident Alien: 34.6%
  • Other Races: 5.5%
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Jobs for Economics Grads in Illinois

There are 32,640 people in the state and 1,144,130 people in the nation working in economics jobs.

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Wages for Economics Jobs in Illinois

In this state, economics grads earn an average of $90,080. Nationwide, they make an average of $115,590.

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There are 10 colleges in Illinois that offer economics degrees. Learn about the most popular 10 below:

626 Degrees in Major Awarded
96% Graduation Rate
17,834 Total Students

Students enjoy a student to faculty ratio of 5 to 1. 85% of the teachers are full time. Students who attend this private institution pay an average net price of $20,531.

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563 Degrees in Major Awarded
86% Graduation Rate
52,679 Total Students

21 to 1 is the student to faculty ratio. 64% of students are awarded financial aid at this school. 73% of the teachers are full time.

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402 Degrees in Major Awarded
95% Graduation Rate
22,603 Total Students

Students enjoy a student to faculty ratio of 6 to 1. Most students complete their degree in 4.13 years. Students who attend this private institution pay an average net price of $25,057.

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129 Degrees in Major Awarded
63% Graduation Rate
33,518 Total Students

Students enjoy a student to faculty ratio of 18 to 1. Students who attend this public school pay an average net price of $11,139. 81% of students are awarded financial aid at this school.

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#5

DePaul University

Chicago
45 Degrees in Major Awarded
71% Graduation Rate
21,922 Total Students

This private institution charges an average net price of $29,430. Most students complete their degree in 4.21 years. 49% of the teachers are full time.

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45 Degrees in Major Awarded
68% Graduation Rate
20,720 Total Students

This public school has an average net price of $19,966. 98% of students are awarded financial aid at this school. It takes the average student 4.32 years to graduate.

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35 Degrees in Major Awarded
88% Graduation Rate
2,908 Total Students

Most students complete their degree in 4.08 years. 67% of the teachers are full time. Students who attend this private institution pay an average net price of $26,877.

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#8

Lake Forest College

Lake Forest
32 Degrees in Major Awarded
75% Graduation Rate
1,583 Total Students

It takes the average student 4.08 years to graduate. This private institution charges an average net price of $27,904. Students enjoy a student to faculty ratio of 12 to 1.

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27 Degrees in Major Awarded
48% Graduation Rate
16,769 Total Students

This public college charges it's students an average net price of $13,484. Seeking financial aid? At this school, 99% of students receive it. Of all the teachers who work at the school, 70% are considered full time.

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24 Degrees in Major Awarded
47% Graduation Rate
11,366 Total Students

Seeking financial aid? At this school, 99% of students receive it. Of all the teachers who work at the school, 79% are considered full time. This public college charges it's students an average net price of $16,729.

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Economics Careers in IL

Some of the careers economics majors go into include:

Job Title IL Job Growth IL Median Salary
Market Research Analysts and Marketing Specialists 22% $57,340

Below are some popular majors in the state that are similar to economics.

Major Annual Graduates in IL
Political Science & Government 1,470
Sociology 841
International Relations & Security 389
Anthropology 288
General Social Sciences 196
Geography & Cartography 191
Sociology & Anthropology 44
Other Social Sciences 32

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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