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 Northern Michigan University. We’ve gathered data and other essential information about the bachelor’s degree program in economics, such as diversity of students, how many students graduated in recent times, 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.
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 Northern Michigan University was ranked #594 on College Factual's Best Schools for economics list. It is also ranked #16 in Michigan.
Here are some of the other rankings for Northern Michigan University.
Out-of-state part-time undergraduates at Northern Michigan University paid an average of $699 per credit hour in 2019-2020. The average for in-state students was $465 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $11,882 | $17,504 |
| Fees | $796 | $796 |
| Books and Supplies | $760 | $760 |
| On Campus Room and Board | $11,072 | $11,072 |
| On Campus Other Expenses | $2,048 | $2,048 |
Learn more about Northern Michigan University tuition and fees.
You may also want to consider how much in student loans you’ll need when thinking about the overall cost to attend a school. Economics students who received their bachelor’s degree at Northern Michigan University took out an average of $24,139 in student loans. That is 14% higher than the national average of $21,243.
economics who receive their bachelor’s degree from Northern Michigan University make an average of $31,305 a year during the early days of their career. That is 33% lower than the national average of $46,790.
Northern Michigan University 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 Northern Michigan University Online Learning page.
Women made up around 28.6% of the economics students who took home a bachelor’s degree in 2019-2020. This is less than the nationwide number of 33.7%.
Around 21.4% of economics bachelor’s degree recipients at Northern Michigan University 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 | 2 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 8 |
| International Students | 3 |
| Other Races/Ethnicities | 1 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Economics | 14 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Anthropology | 9 |
| Geography & Cartography | 5 |
| International Relations & National Security | 8 |
| Political Science & Government | 23 |
| Sociology | 12 |
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.
