by our College Data Analytics TeamHere is an overview of the program, including its ranking, popularity, student demographics, and graduate outcomes. See how WSU ranks among other schools offering degrees in economics.
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WSU is a solid choice among schools offering economics. Specifically, it ranked #295 out of 377 schools by College Factual. It is also ranked #3 in Michigan.
| Ranking Type | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools in Michigan | 3 |
| Best Economics Schools in Michigan | 4 |
| Best Value Economics Bachelor’s Degree Schools in Michigan | 4 |
| Best Value Economics Schools in Michigan | 4 |
| College Major Best Value | 4 |
| College Major Top Ranked | 4 |
| Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region | 15 |
| Best Value Economics Schools in the Great Lakes Region | 16 |
| College Major Best Value | 16 |
| Best Economics Bachelor’s Degree Schools in the Great Lakes Region | 39 |
| Best Economics Schools in the Great Lakes Region | 41 |
| College Major Top Ranked | 41 |
In the most recent year for which we have data, Wayne State University awarded 17 bachelor’s degrees in economics.
Economics graduates with a bachelor’s degree from WSU report a median salary of $73,856 a year. This is above $68,128, the median for all majors at WSU.
To complete a bachelor’s at WSU, economics students borrow a median amount of $24,681 in student loans. This is below $26,749, the typical median for all majors at WSU.
Average full-time tuition and fees are listed in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $12,376 | $32,765 |
| Fees | $1,885 | $1,885 |
Read more about WSU tuition and fees.
In the most recent graduating class, 65% of economics bachelor’s degrees went to men and 35% went to women.
The largest share of economics bachelor’s degree graduates at WSU are White. Roughly 47% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Wayne State University with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 3 |
| Hispanic or Latino | 3 |
| White | 8 |
| Non-Resident Aliens | 2 |
| Other Races | 0 |
Among recent graduates, 67% of economics master’s degrees went to men and 33% went to women.
The largest share of economics master’s degree graduates at WSU are Non-Resident Alien. Approximately 56% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Wayne State University with a master’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 3 |
| Non-Resident Aliens | 5 |
| Other Races | 0 |
For the most recent academic year available, 25% of economics doctoral degrees went to men and 75% went to women.
The majority of economics doctoral degree graduates at WSU are White. Approximately 50% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Wayne State University with a doctoral in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 2 |
| Non-Resident Aliens | 1 |
| Other Races | 0 |
Here are the demographics of the economics majors at Wayne State University.
This economics program at WSU includes the following concentrations:
| Concentration | Annual Graduates |
|---|---|
| Econometrics and Quantitative Economics | 1 |
WSU conferred 1 degree in econometrics and quantitative economics in the most recent reporting year — 100% to women and 0% to men. Most of these graduates identified as Black or African American (100%).