Economics Degree
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An economics degree will provide the student with a good understanding of the national economy and will enable him or her to think critically about problems in the business world. They will also develop good communication skills, specialized analytical skills, and learn how to manipulate data and use computer technology. This training will enable the student to successfully enter multiple industries as a professional economist, or as another type of professional with an eye for economics.
Economics Careers
The career trajectory of people with an Economics degree appears to be focused around a few careers. The most common career that users with Economics degrees have experience in is Economist, followed by Financial Analyst, Investment Banker, Accountant, Financial Advisor, Auditor, Management Consultant, Credit Analyst, Consultant, and Data Analyst.
| Career | % of graduates | % of population | Multiple | ||
|---|---|---|---|---|---|
| Economist | 7.9% | 0.2% | 35.3× | ||
| Financial Analyst | 7.7% | 0.3% | 29.7× | ||
| Investment Banker | 6.1% | 0.1% | 44.4× | ||
| Accountant | 3.7% | 1.0% | 3.6× | ||
| Financial Advisor | 4.2% | 0.2% | 21.7× | ||
| Auditor | 3.6% | 0.3% | 13.0× | ||
| Management Consultant | 4.9% | 0.1% | 35.0× | ||
| Credit Analyst | 4.2% | 0.1% | 40.7× | ||
| Consultant | 4.9% | 0.8% | 6.4× | ||
| Data Analyst | 4.8% | 0.5% | 10.3× | ||
Economics Salary
Economics graduates earn on average $47k, putting them in the 75th percentile of earners with a degree.
| Percentile | Earnings after graduation ($1000s USD) | |
|---|---|---|
| 25th (bottom earners) | $35k | |
| Median (average earners) | $47k | |
| 75th (top earners) | $65k | |
Economics Underemployment
Economics graduates are moderately employed compared to other graduates. We have collected data on three types of underemployment. Part-time refers to work that is less than 30 hours per week. Non-college refers to work that does not require a college degree. Low-paying includes a list of low-wage service jobs such as janitorial work, serving, or dishwashing.
| Employment Type | Proportion of graduates | |
|---|---|---|
| Jobs that don't require college | 59% | |
| Part-Time | 21% | |
| Low-paying | 10% | |
