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 Gustavus Adolphus College. 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, whether or not the degree is offered online, 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.
If you're having trouble deciding which school is best for you, you may want to check out our many college rankings. The bachelor's program at Gustavus Adolphus was ranked #122 on College Factual's Best Schools for economics list. It is also ranked #7 in Minnesota.
Here are some of the other rankings for Gustavus Adolphus.
Part-time undergraduates at Gustavus Adolphus paid an average of $8,300 per credit hour in 2019-2020. This tuition was the same for both in-state and out-of-state students. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $48,250 | $48,250 |
| Fees | $530 | $530 |
| Books and Supplies | $900 | $900 |
| On Campus Room and Board | $10,430 | $10,430 |
| On Campus Other Expenses | $1,180 | $1,180 |
Learn more about Gustavus Adolphus 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 Gustavus Adolphus in Economics walked away with an average of $27,000 in student debt. That is 27% higher than the national average of $21,243.
The median early career salary of economics students who receive their bachelor’s degree from Gustavus Adolphus is $50,105 per year. That is 7% higher than the national average of $46,790.
Gustavus Adolphus 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 Gustavus Adolphus Online Learning page.
Of the students who received their bachelor’s degree in economics in 2019-2020, 25.0% of them were women. This is less than the nationwide number of 33.7%.
Racial-ethnic minority graduates* made up 45.8% of the economics bachelor’s degrees at Gustavus Adolphus in 2019-2020. This is higher than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 6 |
| Black or African American | 1 |
| Hispanic or Latino | 3 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 13 |
| 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 | 24 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Geography & Cartography | 8 |
| Political Science & Government | 27 |
| Sociology | 6 |
*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.
