by our College Data Analytics TeamThe main focus area for this major is General Economics. For more details on this concentration, visit its profile page.
Economics is a major offered under the social sciences program of study at University of Mary Washington. We’ve pulled together some essential information you should know about the bachelor’s degree program in economics, including how many students graduate each year, the ethnic diversity of these students, and more.
If there’s something special you’re looking for, you can use one of the links below to find it:
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
If you're the kind of person who enjoys working with numbers and solving tough problems, a graduate degree in economics may be for you.
Each year, we produce a number of different types of college rankings to help students decide which school is the best fit for them. The bachelor's program at UMW was ranked #400 on College Factual's Best Schools for economics list. It is also ranked #17 in Virginia.
Here are some of the other rankings for UMW.
During the 2019-2020 academic year, part-time undergraduate students at UMW paid an average of $1,159 per credit hour if they came to the school from out-of-state. In-state students paid a discounted rate of $478 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $8,678 | $25,104 |
| Fees | $4,956 | $4,956 |
| Books and Supplies | $1,200 | $1,200 |
| On Campus Room and Board | $11,734 | $11,734 |
| On Campus Other Expenses | $3,259 | $3,259 |
Learn more about UMW tuition and fees.
One way to think about how much a school will cost is to look at how much in student loans that you have to take out to get your degree. Economics students who received their bachelor’s degree at UMW took out an average of $25,750 in student loans. That is 21% higher than the national average of $21,243.
The median early career salary of economics students who receive their bachelor’s degree from UMW is $38,289 per year. That is 18% lower than the national average of $46,790.
Online degrees for the UMW economics bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the UMW Online Learning page.
Women made up around 25.0% of the economics students who took home a bachelor’s degree in 2019-2020. This is less than the nationwide number of 33.7%.
Racial-ethnic minority graduates* made up 8.3% of the economics bachelor’s degrees at UMW in 2019-2020. This is lower than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 11 |
| International Students | 0 |
| Other Races/Ethnicities | 1 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Economics | 12 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Anthropology | 9 |
| Geography & Cartography | 28 |
| International Relations & National Security | 21 |
| Political Science & Government | 47 |
| Sociology | 46 |
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
More about our data sources and methodologies.
