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Chicago, IL · Economics

Economics at UChicago

UChicago graduates about 622 economics majors a year, 36% of its graduating class. That puts it 1st of 683 schools we score for economics, a standout program at 99 out of 100. Its current catalog lists 104 undergraduate courses in the field, more than 99% of the schools we've counted. Graduates in the major earn a median $160,000 four years out, 1.93× what the same major pays nationally. Research spending in the field runs about $8 million a year, a rough guide to how many labs and projects undergraduates can join.

99/100Standout#1 of 683 for economics →
Graduates a year62236% of the class
Courses in the catalog104more than 99% of schools
Median pay 4 years out$160,0001.93× the same major nationally
Research in the field$8Ma year, NSF
Admit rate4%whole school
SAT middle 50%1500–1580whole school

Around UChicago

A view of the inside of the Social Science Research Building at the University o
View looking through door of the Social Science Research BuildingPhoto: Jonathan Schilling · CC BY-SA 4.0 · source
Chicago, Illinois (2026)
Chicago, Illinois (2026) - 519Photo: Another Believer · CC BY-SA 4.0 · source
Weight with trilingual inscription. Persepolis, Achaemenid period. Darius I, 522
UC Oriental Institute Persian collection item 05Photo: Nightryder84 · CC BY-SA 4.0 · source
Built in 1929-1931, this Collegiate Gothic Revival-style building was designed b
Oriental Institute Building, University of Chicago, University Avenue and 58th SPhoto: Warren LeMay from Chicago, IL, United States · CC BY-SA 2.0 · source

Where economics happens

Buildings on campus that fit the field: Saieh Hall for Economics, Social Science Research Building.

Named buildings on the campus map: Academic 96 · Dorm 15 · Arts 9 · Dining 8 · Library 6 · Athletics 4.

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Nearby in the economics ranking

  1. Harvard University 99
  2. Duke University 98
  3. Yale University 97
  4. Brown University 97

Other strong majors at UChicago

How the score works

The score is out of 100 and compares UChicago 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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