by our College Data Analytics TeamBelow are the key facts about this program at Northwestern University. It is offered at the Bachelor’s level, with graduate study also available. At its best it places at #2 out of 54 schools (Bachelor’s level) by College Factual. Jump to any of the following sections:
College Factual ranks Northwestern University highly for economics, placing at #5 out of 471 schools nationally.
| Ranking | Rank |
|---|---|
| Best Economics Schools | 5 of 471 |
| Best Economics Schools in Illinois | 2 of 14 |
| Best Economics Schools in the Great Lakes Region | 2 of 57 |
The following degree levels are available for economics at Northwestern University, along with how many graduates complete each level annually.
| Degree Level | Annual Graduates |
|---|---|
| Bachelor’s | 304 |
| Master’s | 69 |
| Doctoral | 31 |
In the most recent year for which we have data, Northwestern University awarded 304 bachelor’s degrees in economics.
Northwestern University is in the top 5% of the country for economics at the bachelor’s level. Its best result was #2 out of 54 schools by College Factual.
| Ranking | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools in the Great Lakes Region | 2 |
| Best Economics Bachelor’s Degree Schools in Illinois | 2 |
| Best Economics Bachelor’s Degree Schools | 6 |
Economics students who finish a bachelor’s at Northwestern University earn a median of $105,795 a year. This is below $111,206, the median for all majors at Northwestern University.
Earning a bachelor’s degree at Northwestern University, economics graduates take on a median debt of $16,227 in student loans. This is lower than $16,857, the typical median for all majors at Northwestern University.
Average full-time tuition and fees are listed in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $60,276 | $67,158 |
| Fees | $1,164 | $1,164 |
Read more about Northwestern University tuition and fees.
In the most recent graduating class, 57% of economics bachelor’s degrees went to men and 43% went to women.
The largest share of economics bachelor’s degree graduates at Northwestern University were White. About 37% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Northwestern University with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 81 |
| Black or African American | 8 |
| Hispanic or Latino | 29 |
| White | 111 |
| Non-Resident Aliens | 54 |
| Other Races | 21 |
Northwestern University conferred 301 bachelor’s degrees in econometrics and quantitative economics recently — 43% to women and 57% to men. The most common background among these graduates was White (36%).
This program is also offered at the graduate level at Northwestern University. Annual graduate completions by level are shown below.
| Graduate Level | Annual Graduates |
|---|---|
| Master’s Degrees in Economics | 69 |
| Doctoral Degrees in Economics | 31 |
