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Economics in New Mexico

Economics Schools in New Mexico

76 students earned Economics degrees in New Mexico in the 2022-2023 year.

In terms of popularity, Economics is the 49th most popular major in the state out of a total 222 majors commonly available.

Education Levels of Economics Majors in New Mexico

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

Education Level Number of Grads
Bachelor’s Degree 43
Post-Master’s Certificate 16
Postbaccalaureate Certificate 16
Master’s Degree 12
Doctor’s Degree (Research / Scholarship) 5
Doctor’s Degree (Professional Practice) 5
Doctor’s Degree (Other) 5

Gender Distribution

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

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Racial Distribution

The racial distribution of economics majors in New Mexico is as follows:

  • Asian: 2.6%
  • Black or African American: 1.3%
  • Hispanic or Latino: 32.9%
  • White: 44.7%
  • Non-Resident Alien: 13.2%
  • Other Races: 5.3%
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Jobs for Economics Grads in New Mexico

There are 4,440 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 New Mexico

In this state, economics grads earn an average of $57,010. Nationwide, they make an average of $115,590.

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There are 2 colleges in New Mexico that offer economics degrees. Learn about the most popular 2 below:

#1

University of New Mexico - Main Campus

Albuquerque
67 Degrees in Major Awarded
54% Graduation Rate
22,311 Total Students

The student to faculty ratio is 17 to 1. 73% of the teachers are full time. The average student takes 4.55 years to complete their degree at UNM.

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#2

New Mexico State University - Main Campus

Las Cruces
26 Degrees in Major Awarded
51% Graduation Rate
14,227 Total Students

96% of students are awarded financial aid at this school. 16 to 1 is the student to faculty ratio. Students who attend this public school pay an average net price of $8,495.

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Economics Careers in NM

Some of the careers economics majors go into include:

Job Title NM Job Growth NM Median Salary
Market Research Analysts and Marketing Specialists 20% $53,360

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

Major Annual Graduates in NM
Sociology 252
Political Science & Government 225
Anthropology 107
Geography & Cartography 50
International Relations & Security 11
General Social Sciences 8
Other Social Sciences 2

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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