by our College Data Analytics TeamHere, you'll find out more about the major, including such details as the number of graduates, what degree levels are offered, ethnicity of students, average salaries, and more. We've also included details on how JMU ranks compared to other colleges offering a major in economics.
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The bachelor's program at JMU was ranked #133 on College Factual's Best Schools for economics list. It is also ranked #7 in Virginia.
| Ranking Type | Rank |
|---|---|
| Best Economics Schools | 133 |
| Best Economics Bachelor’s Degree Schools | 133 |
During the 2021-2022 academic year, James Madison University handed out 85 bachelor's degrees in economics. This is an increase of 49% over the previous year when 57 degrees were handed out.
Economics majors who earn their bachelor's degree from JMU go on to jobs where they make a median salary of $62,286 a year. This is great news for graduates of the program, since this figure is higher than the national average of $51,722 for all economics bachelor's degree recipients.
The typical student loan payment of a bachelor's degree student from the economics program at JMU is $528 per month.
During the 2022-2023 academic year, part-time undergraduate students at JMU paid an average of $837 per credit hour if they came to the school from out-of-state. In-state students paid a discounted rate of $263 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $7,914 | $25,128 |
| Fees | $5,662 | $5,662 |
| Books and Supplies | $1,254 | $1,254 |
| On Campus Room and Board | $12,584 | $12,584 |
| On Campus Other Expenses | $4,560 | $4,560 |
Learn more about JMU tuition and fees.
In the 2021-2022 academic year, 85 students earned a bachelor's degree in economics from JMU. About 20% of these graduates were women and the other 80% were men.
The majority of the students with this major are white. About 68% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from James Madison University with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 6 |
| Black or African American | 4 |
| Hispanic or Latino | 8 |
| White | 58 |
| Non-Resident Aliens | 6 |
| Other Races | 3 |
JMU does not offer an online option for its economics bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the JMU Online Learning page.
Take a look at the following statistics related to the make-up of the economics majors at James Madison University.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 127 |
| International Relations & National Security | 82 |
| Geography & Cartography | 65 |
| Sociology | 37 |
| Anthropology | 25 |
More about our data sources and methodologies.