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Other Economics

Other Economics

Types of Degrees Other Economics Majors Are Earning

Those studying Other Economics can earn degrees at several award levels.

Award Level Graduates
Bachelor’s Degree 167
Master’s Degree 75
Doctor’s Degree 8

What Other Economics Majors Need to Know

Programs in Other Economics emphasize a specific mix of knowledge, skills, and abilities — derived from O*NET surveys of workers in occupations that Other Economics graduates commonly enter.

Knowledge Areas

According to O*NET, a major in Other Economics emphasizes the following knowledge areas: Knowledge areas for Other Economics majors

  • English Language — Importance 4.1 / 5; level 4.8 / 7.
  • Mathematics — Importance 3.8 / 5; level 4.7 / 7.
  • Education and Training — Importance 3.6 / 5; level 4.8 / 7.
  • Administration and Management — Importance 3.4 / 5; level 4.1 / 7.
  • Law and Government — Importance 3.4 / 5; level 3.7 / 7.

Importance is rated 1–5; level is 1–7. Source: ONET Online — weighted across related occupations.*

Skills

Skills built by a Other Economics program reflects the day-to-day work of related occupations: Skills for Other Economics majors

  • Speaking — Importance 4.0 / 5; level 4.1 / 7.
  • Reading Comprehension — Importance 4.0 / 5; level 4.3 / 7.
  • Active Listening — Importance 4.0 / 5; level 4.1 / 7.
  • Writing — Importance 4.0 / 5; level 4.1 / 7.
  • Critical Thinking — Importance 3.9 / 5; level 4.1 / 7.

Abilities

The cognitive and physical abilities most relevant to Other Economics careers — again drawn from O*NET surveys of related occupations: Abilities for Other Economics majors

  • Oral Expression — Importance 4.1 / 5; level 4.5 / 7.
  • Written Expression — Importance 4.0 / 5; level 4.5 / 7.
  • Oral Comprehension — Importance 4.0 / 5; level 4.6 / 7.
  • Written Comprehension — Importance 4.0 / 5; level 4.6 / 7.
  • Deductive Reasoning — Importance 3.9 / 5; level 4.1 / 7.

Common Job Activities

Day-to-day, Other Economics graduates report doing:

Activity Frequency / Importance
Getting Information 4.6 / 7
Working with Computers 4.3 / 7
Updating and Using Relevant Knowledge 4.2 / 7
Identifying Objects, Actions, and Events 4.2 / 7
Making Decisions and Solving Problems 4.2 / 7
Analyzing Data or Information 4.1 / 7
Interpreting the Meaning of Information for Others 4.0 / 7
Training and Teaching Others 4.0 / 7
Processing Information 4.0 / 7
Organizing, Planning, and Prioritizing Work 3.9 / 7

Technology Skills Used on the Job

Most frequently-cited tools used by Other Economics professionals:

Tool / Software Category In-Demand
Microsoft Excel Spreadsheet software
Microsoft Office software Office suite software
Microsoft Outlook Electronic mail software
Microsoft Word Word processing software
Microsoft PowerPoint Presentation software
Microsoft Access Data base user interface and query software
Web browser software Internet browser software
Word processing software Word processing software
StataCorp Stata Analytical or scientific software
Email software Electronic mail software
Microsoft Project Project management software
Python Object or component oriented development software

Source: ONET Online technology skills, weighted across related occupations.*

Sample Job Titles

Real job postings for Other Economics graduates include:

  • University Faculty Member
  • Lecturer
  • Economics Adjunct Professor
  • Microeconomics Professor
  • Economic Instructor
  • Professor
  • Industrial Economics Teacher
  • Economics Faculty Member
  • Economics Instructor
  • Faculty Member
  • Adjunct Professor
  • Industrial Economics Professor
  • Adjunct Economics Professor
  • Accounting Lecturer
  • Agricultural Economics Professor

Education Typically Required

Across the occupations open to Other Economics graduates, the typical level of education actually held by current workers is distributed as:

Education Level Share of Workers
Doctoral degree 35.7%
Bachelor’s degree 34.5%
Master’s degree 9.7%
Associate’s degree (or other 2-year) 5.3%
Post-master’s certificate 4.2%
High school diploma or equivalent 4.0%
Postsecondary certificate 2.6%
Some college courses 2.0%
Post-baccalaureate certificate 1.6%
Post-doctoral training 0.2%
Education levels for Other Economics majors

Source: ONET Online education / training / experience requirements.*

Who Is Earning a Degree in Other Economics?

Gender Distribution

This field has a relatively balanced gender distribution: 42.4% women and 57.6% men among Other Economics graduates.

Gender Graduates Share
Women 106 42.4%
Men 144 57.6%

Racial-Ethnic Diversity

At the national level, the racial-ethnic distribution of Other Economics graduates is as follows:

Racial-ethnic diversity of Other Economics graduates
Race / Ethnicity Graduates Share
White 131 52.4%
Asian 13 5.2%
Hispanic or Latino 23 9.2%
Black or African American 18 7.2%
American Indian / Alaska Native 2 0.8%
Native Hawaiian / Pacific Islander 1 0.4%
Two or More Races 11 4.4%
Race Unknown 10 4.0%
International Students 41 16.4%

See minority definition below.

How Much Do Other Economics Graduates Earn?

The U.S. Department of Education tracks median earnings of Other Economics graduates 1, 4, and 5 years after completion. Earnings tend to climb steadily as graduates gain experience and move into mid-career roles.

Years Out Median Earnings
1 year $56,270
4 years $74,609
5 years $87,950

By year 5 out, median earnings rise to $87,950 — roughly 56% above the 1-year mark.

Source: U.S. Department of Education College Scorecard, field-of-study earnings tracker.

Online Other Economics Programs

Distance learning is tracked by IPEDS for Other Economics. The table below shows how many graduates earned at least some of their coursework online (Distance-Ed Available) versus completing the entire program online (Distance-Ed Only).

Award Level Distance-Ed Available Distance-Ed Only
Master’s 2 0

Distance-Ed Only = degrees completed entirely online; Distance-Ed Available = degrees including at least some online coursework. Source: IPEDS Completions by Distance Education status.

Is a Degree in Other Economics Worth It?

On the earnings side, the federal earnings tracker, Other Economics graduates earn a median of $74,609 four years after completion — roughly 96% above the national median for workers with only a high school diploma (~$38,000).

4-year median earnings vs national baseline for Other Economics

ROI estimate compares the program’s 4-yr median earnings against the 2023 BLS CPS median earnings for high-school-only workers. Source: U.S. Department of Education College Scorecard + BLS Current Population Survey.

You may also be interested in these closely related fields of study:

Program CIP Code
Economics 45.06
Applied Economics 45.0602
Development Economics and International Development 45.0604
Econometrics and Quantitative Economics 45.0603
Economics, General 45.0601
International Economics 45.0605
Political Economy 45.1004

References

The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students and international students. This number is then divided by the total number of students to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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