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 Central Michigan University. We’ve gathered data and other essential information about the bachelor’s degree program in economics, such as if the program is offered online, ethnicity of students, how many students graduated in recent times, 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.
In order to help students and their parents find the best school for them, we have created several different types of college rankings, which are updated yearly. The bachelor's program at Central Michigan was ranked #499 on College Factual's Best Schools for economics list. It is also ranked #12 in Michigan.
Here are some of the other rankings for Central Michigan.
During the 2019-2020 academic year, part-time undergraduate students at Central Michigan paid an average of $789 per credit hour if they came to the school from out-of-state. In-state students paid a discounted rate of $424 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $12,296 | $22,881 |
| Fees | $450 | $450 |
| Books and Supplies | $1,000 | $1,000 |
| On Campus Room and Board | $10,676 | $10,676 |
| On Campus Other Expenses | $1,780 | $1,780 |
Learn more about Central Michigan 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 Central Michigan took out an average of $31,000 in student loans. That is 46% higher than the national average of $21,243.
economics who receive their bachelor’s degree from Central Michigan make an average of $37,568 a year during the early days of their career. That is 20% lower than the national average of $46,790.
Online degrees for the Central Michigan 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 Central Michigan Online Learning page.
About 17.6% of the students who received their Bachelor’s in economics in 2019-2020 were women. This is less than the nationwide number of 33.7%.
Around 5.9% of economics bachelor’s degree recipients at Central Michigan in 2019-2020 were awarded to racial-ethnic minorities*. This is lower than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 1 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 15 |
| 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 | 17 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| General Social Sciences | 2 |
| Anthropology | 20 |
| Geography & Cartography | 14 |
| International Relations & National Security | 25 |
| Political Science & Government | 62 |
*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.
