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 Rutgers University - Newark. 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.
Each year, we produce a number of different types of college rankings to help students decide which school is the best fit for them. The bachelor's program at Rutgers Newark was ranked #311 on College Factual's Best Schools for economics list. It is also ranked #7 in New Jersey.
Here are some of the other rankings for Rutgers Newark.
In 2019-2020, the average part-time undergraduate tuition at Rutgers Newark was $942 per credit hour for out-of-state students. The average for in-state students was $394 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $12,230 | $29,012 |
| Fees | $2,272 | $2,272 |
| Books and Supplies | $1,350 | $1,350 |
| On Campus Room and Board | $13,929 | $13,929 |
| On Campus Other Expenses | $3,574 | $3,574 |
Learn more about Rutgers Newark 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 Rutgers Newark took out an average of $25,500 in student loans. That is 20% higher than the national average of $21,243.
The median early career salary of economics students who receive their bachelor’s degree from Rutgers Newark is $51,256 per year. That is 10% higher than the national average of $46,790.
Online degrees for the Rutgers Newark 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 Rutgers Newark Online Learning page.
Of the students who received their bachelor’s degree in economics in 2019-2020, 41.9% of them were women. This is higher than the nationwide number of 33.7%.
Racial-ethnic minority graduates* made up 61.3% of the economics bachelor’s degrees at Rutgers Newark in 2019-2020. This is higher than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 7 |
| Black or African American | 4 |
| Hispanic or Latino | 7 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 12 |
| 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 | 31 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Anthropology | 4 |
| Political Science & Government | 40 |
| Sociology | 32 |
*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.
