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Undergraduate Economics at University of Michigan-Ann Arbor

731 Total Degrees Awarded
1 Award Levels Offered
#1 Best Rank — Bachelor's
$87,800 Bachelor's Salary

Here is an overview of this program at U of Michigan. You can study it at the Bachelor’s level, with graduate study also available. At its best it places at #1 out of 10 schools (Bachelor’s level) by College Factual. Jump to any of the following sections:

U of Michigan Undergraduate Economics Rankings

#31 in the U.S.
#1 in Michigan
#3 in the Great Lakes Region

By College Factual’s measure, U of Michigan among the top schools in the country for economics, ranked #31 out of 471 schools nationally.

Ranking Rank
Best Economics Schools 31 of 471
Best Economics Schools in Michigan 1 of 10
Best Economics Schools in the Great Lakes Region 3 of 57

Undergraduate Economics Degrees at U of Michigan

Here is each degree level offered in economics at U of Michigan, along with how many graduates complete each level annually.

Degree Level Annual Graduates
Bachelor’s 731
Master’s 90
Doctoral 17

U of Michigan Economics Bachelor’s Degrees

During the most recent reporting year, University of Michigan-Ann Arbor handed out 731 bachelor’s degrees in economics.

Bachelor’s Rankings

U of Michigan is among the very best schools in the country for economics at the bachelor’s level. Specifically, it ranked #1 out of 10 schools by College Factual.

Ranking Rank
Best Economics Bachelor’s Degree Schools in Michigan 1
Best Economics Bachelor’s Degree Schools in the Great Lakes Region 3
Best Economics Bachelor’s Degree Schools 31

Salary of Economics Graduates with a Bachelor’s Degree

$87,800 Bachelor's Median Salary

Economics majors who earn their bachelor’s degree from U of Michigan earn a median of $87,800 a year. This is below $92,481, the median for all majors at U of Michigan.

Salary for Economics majors with a bachelor's degree at U of Michigan

Student Debt of Economics Graduates with a Bachelor’s Degree

$19,690 Bachelor's Median Debt

While getting their bachelor’s degree at U of Michigan, economics students borrow a median amount of $19,690 in student loans. This is higher than $19,108, the typical median for all majors at U of Michigan.

Student debt for Economics majors with a bachelor's degree at U of Michigan

U of Michigan Undergraduate Tuition and Fees

$18,848 Average Tuition and Fees (In-State)
$19,690 Average Student Debt

Information about average full-time undergraduate tuition and fees is shown in the table below.

In State Out of State
Tuition $15,850 $62,749
Fees $332 $332

Learn more about U of Michigan tuition and fees.

Bachelor’s Student Diversity

In the most recent graduating class, 64% of economics bachelor’s degrees went to men and 36% went to women.

U of Michigan gender breakdown of Economics Bachelor's degree grads The majority of economics bachelor’s degree graduates at U of Michigan are White. About 49% of graduates fell into this category.

The following table and chart show the ethnic background for students who recently graduated from University of Michigan-Ann Arbor with a bachelor’s in economics.

Ethnic diversity of Economics majors at University of Michigan-Ann Arbor
Ethnic Background Number of Students
Asian 96
Black or African American 9
Hispanic or Latino 35
White 361
Non-Resident Aliens 162
Other Races 68

Graduate Study in Economics at U of Michigan

This program is also offered at the graduate level at U of Michigan. Annual graduate completions by level are shown below.

Graduate Level Annual Graduates
Master’s Degrees in Economics 90
Doctoral Degrees in Economics 17

References

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