by our College Data Analytics TeamEconomics is a major offered under the social sciences program of study at Wayne State University. Here, you’ll find out more about the major bachelor’s degree program in economics, including such details as the number of graduates, diversity of students, and more.
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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 Wayne State was ranked #546 on College Factual's Best Schools for economics list. It is also ranked #14 in Michigan.
Here are some of the other rankings for Wayne State.
In 2019-2020, the average part-time undergraduate tuition at Wayne State was $996 per credit hour for out-of-state students. The average for in-state students was $434 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $13,024 | $29,894 |
| Fees | $1,605 | $1,605 |
| Books and Supplies | $1,246 | $1,246 |
| On Campus Room and Board | $10,694 | $10,694 |
| On Campus Other Expenses | $4,068 | $4,068 |
Learn more about Wayne State tuition and fees.
One factor in determining the overall cost in a degree is to consider how much in student loans you’ll have to take out. Students who received their bachelor’s degree at Wayne State in Economics walked away with an average of $27,149 in student debt. That is 28% higher than the national average of $21,243.
The median early career salary of economics students who receive their bachelor’s degree from Wayne State is $41,205 per year. That is 12% lower than the national average of $46,790.
Online degrees for the Wayne State 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 Wayne State Online Learning page.
Women made up around 47.2% of the economics students who took home a bachelor’s degree in 2019-2020. This is higher than the nationwide number of 33.7%.
Around 38.9% of economics bachelor’s degree recipients at Wayne State in 2019-2020 were awarded to racial-ethnic minorities*. This is higher than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 5 |
| Black or African American | 6 |
| Hispanic or Latino | 1 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 21 |
| International Students | 0 |
| Other Races/Ethnicities | 3 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Economics | 30 |
| Other Economics | 6 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Anthropology | 27 |
| Political Science & Government | 74 |
| Sociology | 55 |
| Urban Studies | 12 |
*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.
