Economics Schools in Michigan
1,312 students earned Economics degrees in Michigan in the 2022-2023 year.
An Economics major is the 15th most popular major in this state.
Education Levels of Economics Majors in Michigan
Economics majors in the state tend to have the following degree levels:
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 1,095 |
| Master’s Degree | 152 |
| Doctor’s Degree (Research / Scholarship) | 61 |
| Doctor’s Degree (Professional Practice) | 61 |
| Doctor’s Degree (Other) | 61 |
| Post-Master’s Certificate | 2 |
| Associate Degree | 2 |
| Postbaccalaureate Certificate | 2 |
Gender Distribution
In Michigan, a economics major is more popular with men than with women.
Racial Distribution
The racial distribution of economics majors in Michigan is as follows:
- Asian: 8.1%
- Black or African American: 3.0%
- Hispanic or Latino: 4.4%
- White: 47.1%
- Non-Resident Alien: 29.2%
- Other Races: 8.2%
Jobs for Economics Grads in Michigan
26,140 people in the state and 1,144,130 in the nation are employed in jobs related to economics.
Wages for Economics Jobs in Michigan
Economics grads earn an average of $90,040 in the state and $115,590 nationwide.
Most Popular Economics Programs in MI
There are 10 colleges in Michigan that offer economics degrees. Learn about the most popular 10 below:
A typical student attending U-M will pay a net price of $16,792. 74% of students get financical aid. It takes the average student 4.16 years to graduate.
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94% of students get financical aid. The average student takes 4.35 years to complete their degree at Michigan State. A typical student attending Michigan State will pay a net price of $19,449.
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A typical student attending Wayne State will pay a net price of $14,055. Of all the teachers who work at the school, 58% are considered full time. 98% of students are awarded financial aid at this school.
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The student to faculty ratio is 11 to 1. Seeking financial aid? At this school, 100% of students receive it. The average student takes 4.15 years to complete their degree at Albion.
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Of all the teachers who work at the school, 100% are considered full time. Seeking financial aid? At this school, 99% of students receive it. The average student takes 4.14 years to complete their degree at Hillsdale College.
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Students enjoy a student to faculty ratio of 14 to 1. The full-time teacher rate is 99%. This public college charges it's students an average net price of $15,472.
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The full-time teacher rate is 64%. 94% of students get financical aid. The student to faculty ratio is 16 to 1.
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An average student at Detroit Mercy will pay a net price of $16,196. The student to faculty ratio is 11 to 1. The average student takes 4.28 years to complete their degree at Detroit Mercy.
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Seeking financial aid? At this school, 100% of students receive it. The average student takes 4.19 years to complete their degree at Calvin. The full-time teacher rate is 99%.
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The full-time teacher rate is 69%. The student to faculty ratio is 16 to 1. Most students complete their degree in 4.75 years.
Request InformationEconomics Careers in MI
Some of the careers economics majors go into include:
| Job Title | MI Job Growth | MI Median Salary |
|---|---|---|
| Market Research Analysts and Marketing Specialists | 24% | $61,280 |
Related Majors in Michigan
Below are some popular majors in the state that are similar to economics.
| Major | Annual Graduates in MI |
|---|---|
| Political Science & Government | 1,044 |
| Sociology | 551 |
| Anthropology | 254 |
| General Social Sciences | 230 |
| International Relations & Security | 213 |
| Geography & Cartography | 138 |
| Other Social Sciences | 105 |
| Urban Studies | 20 |
View all majors related to Economics
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References
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By pixabay under License
More about our data sources and methodologies.
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