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 Illinois State University. 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.
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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 Illinois State was ranked #271 on College Factual's Best Schools for economics list. It is also ranked #10 in Illinois.
Here are some of the other rankings for Illinois State.
In 2019-2020, the average part-time undergraduate tuition at Illinois State was $768 per credit hour for out-of-state students. The average for in-state students was $384 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $10,741 | $19,904 |
| Fees | $2,374 | $2,374 |
| Books and Supplies | $820 | $820 |
| On Campus Room and Board | $9,850 | $9,850 |
| On Campus Other Expenses | $5,764 | $5,764 |
Learn more about Illinois 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 Illinois State in Economics walked away with an average of $26,250 in student debt. That is 24% higher than the national average of $21,243.
economics who receive their bachelor’s degree from Illinois State make an average of $44,635 a year during the early days of their career. That is 5% lower than the national average of $46,790.
Illinois State 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 Illinois State Online Learning page.
Women made up around 10.9% of the economics students who took home a bachelor’s degree in 2019-2020. This is less than the nationwide number of 33.7%.
Of those graduates who received a bachelor’s degree in economics at Illinois State in 2019-2020, 15.2% were racial-ethnic minorities*. This is lower than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 2 |
| Hispanic or Latino | 3 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 37 |
| International Students | 2 |
| Other Races/Ethnicities | 2 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Economics | 46 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Anthropology | 17 |
| Geography & Cartography | 31 |
| Political Science & Government | 87 |
| Sociology | 76 |
View All Economics Related Majors >
*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.
