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Ann Arbor, MI · Economics

Economics at Michigan

Michigan graduates about 608 economics majors a year, 8% of its graduating class. That puts it 17th of 683 schools we score for economics, a standout program at 94 out of 100. Graduates in the major earn a median $111,000 four years out, 1.34× what the same major pays nationally. Research spending in the field runs about $130 million a year, a rough guide to how many labs and projects undergraduates can join.

94/100Standout#17 of 683 for economics →
Graduates a year6088% of the class
Median pay 4 years out$111,0001.34× the same major nationally
Research in the field$130Ma year, NSF
Admit rate16%whole school
SAT middle 50%1350–1530whole school

Around Michigan

Built in the mid-1930s, these buildings include the Rackham Building, designed b
Ingalls Mall, University of Michigan, University Avenue, Ann Arbor, MIPhoto: w_lemay · CC BY-SA 2.0 · source
Built in 1908-1910, this Beaux Arts-style building was designed by Smith, Hinchm
Chemistry Building, University of Michigan, University Avenue, Ann Arbor, MI - 5Photo: w_lemay · CC BY-SA 2.0 · source
Built in 1913, this Renaissance Revival-style building was designed by Albert Ka
Hill Auditorium, University of Michigan, University Avenue, Ann Arbor, MI - 5438Photo: w_lemay · CC BY-SA 2.0 · source
Hillary Clinton Live at the Hill Auditorium
Hillary Clinton Live at the Hill Auditorium 20171024 183817Photo: SecretName101 · CC BY-SA 4.0 · source

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Nearby in the economics ranking

  1. Dartmouth College 95
  2. Georgetown University 95
  3. Johns Hopkins University 95
  4. Stanford University 95
  5. Tufts University 94
  6. Washington University in St. Louis 94
  7. Williams College 94
  8. Rice University 94

Other strong majors at Michigan

How the score works

The score is out of 100 and compares Michigan with every school we score in economics. It weighs the school's overall strength; how many students graduate in the major and what share of the class they are; research spending in the field (NSF); early pay against the same major nationally; how many courses the catalog lists; and test scores. 80+ is a standout program, 65+ strong, 45+ solid. Sources: US Department of Education (College Scorecard, IPEDS), NSF HERD, each school's current course catalog, OpenStreetMap and Wikimedia Commons.

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