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Detroit, MI · Economics

Economics at Wayne State University

Wayne State University graduates about 28 economics majors a year. That puts it 355th of 683 schools we score for economics, a solid program at 47 out of 100. Its current catalog lists 9 undergraduate courses in the field, more than 7% of the schools we've counted. Graduates in the major earn a median $64,000 four years out, below the national figure for the same major (0.77×). Research spending in the field runs about $3 million a year, a rough guide to how many labs and projects undergraduates can join.

47/100Solid#355 of 683 for economics →
Graduates a year28under 1% of the class
Courses in the catalog9more than 7% of schools
Median pay 4 years out$64,0000.77× the same major nationally
Research in the field$3Ma year, NSF
Admit rate81%whole school
SAT middle 50%1040–1260whole school

Around Wayne State University

Team poses after taking 2nd place in NFA-LD debate and 5th team overall
WPDU at NFA National Tournament 2025 hosted at Wayne State UniversityPhoto: Mongooseoverlord · CC BY 4.0 · source
en.wikipedia.org/wiki/Michigan_Central_Station
Michigan Central Station - 4743296336Photo: multi.lectical · CC BY 2.0 · source
Shapero Hall, Wayne State University
ShaperohallPhoto: Dw7329 · CC BY 3.0 · source
McGregor Reflecting Pool on the Wayne State University campus in Detroit, MI, Un
2025-07-23 - McGregor Memorial Conference Center in Detroit MI US 3Photo: Matt Joseph · CC BY-SA 4.0 · source

Where economics happens

Named buildings on the campus map: Academic 54 · Student housing 17 · Library 7 · Arts 4 · Dorm 4 · Dining 1.

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Nearby in the economics ranking

  1. CUNY–Hunter College 47
  2. University of Central Florida 47
  3. Texas Tech University 47
  4. University of Michigan–Dearborn 47
  5. Christopher Newport University 47
  6. Calvin University 47
  7. Meredith College 47
  8. Georgia Southern University 46

Other strong majors at Wayne State University

How the score works

The score is out of 100 and compares Wayne State University 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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