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University of Maine Bachelor’s in Economics

26 Bachelor's Degrees Awarded
$47,260 Average Salary
$27,000 Average Student Debt

The 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 University of Maine. Here, you’ll find out more about the major bachelor’s degree program in economics, including such details as the number of graduates, ethnicity of students, related majors and concentrations, and more.

If there’s something special you’re looking for, you can use one of the links below to find it:

Rankings for the UMaine Bachelor’s in Economics

#426 in the U.S
#4 in Maine

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 UMaine was ranked #426 on College Factual's Best Schools for economics list. It is also ranked #4 in Maine.

Here are some of the other rankings for UMaine.

Ranking TypeRank
Best Value Master’s Degree Colleges for Economics (Income Over $110k)58
Most Focused Master’s Degree Colleges for Economics76
Best Value Master’s Degree Colleges for Economics (Income $75-$110k)90
Best Value Master’s Degree Colleges for Economics (Income $48-$75k)97
Best Economics Master’s Degree Colleges for Veterans111
Best Value Master’s Degree Colleges for Economics (Income $30-$48k)113
Best Value Master’s Degree Colleges for Economics (With Aid)114
Highest Paid Master’s Degree Economics Graduates122
Best Value Master’s Degree Colleges for Economics124
Most Popular Master’s Degree Colleges for Economics132
Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k)132
Best Value Master’s Degree Colleges for Economics (Income $0-$30k)133
Best Value Colleges for Economics (Income Over $110k)143
Best Economics Master’s Degree Schools147
Best Economics Bachelor’s Degree Colleges for Veterans153
Best Economics Colleges for Veterans166
Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k)207
Best Value Colleges for Economics (Income $75-$110k)220
Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k)224
Best Value Bachelor’s Degree Colleges for Economics (With Aid)234
Best Value Colleges for Economics (Income $48-$75k)237
Best Value Colleges for Economics (With Aid)246
Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k)256
Best Value Colleges for Economics (Income $30-$48k)269
Most Popular Bachelor’s Degree Colleges for Economics277
Most Popular Colleges for Economics279
Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k)299
Best Value Bachelor’s Degree Colleges for Economics307
Best Value Colleges for Economics (Income $0-$30k)311
Best Value Colleges for Economics314
Highest Paid Bachelor’s Degree Economics Graduates344
Most Focused Colleges for Economics348
Highest Paid Economics Graduates354
Most Focused Bachelor’s Degree Colleges for Economics360
Best Economics Bachelor’s Degree Schools414
Best Economics Schools426

How Much Does a Bachelor’s in Economics from UMaine Cost?

$11,744 Average Tuition and Fees (In-State)
$27,000 Average Student Debt

UMaine Undergraduate Tuition and Fees

During the 2019-2020 academic year, part-time undergraduate students at UMaine paid an average of $1,001 per credit hour if they came to the school from out-of-state. In-state students paid a discounted rate of $308 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.

In StateOut of State
Tuition$9,240$30,030
Fees$2,504$2,504
Books and Supplies$1,000$1,000
On Campus Room and Board$11,286$11,286
On Campus Other Expenses$2,200$2,200

Learn more about UMaine tuition and fees.

UMaine Economics Bachelor’s Student Debt

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 UMaine took out an average of $27,000 in student loans. That is 27% higher than the national average of $21,243.

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How Much Can You Make With a Bachelor’s in Economics From UMaine?

$47,260 Average Salary
Average Earnings Boost

economics who receive their bachelor’s degree from UMaine make an average of $47,260 a year during the early days of their career. That is about the same as the national average of $46,790.

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Does UMaine Offer an Online Bachelor’s in Economics?

UMaine 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 UMaine Online Learning page.

UMaine Bachelor’s Student Diversity for Economics

26 Bachelor's Degrees Awarded
26.9% Women
There were 26 bachelor’s degrees in economics awarded during the 2019-2020 academic year. Information about those students is shown below.

Male-to-Female Ratio

Of the students who received their bachelor’s degree in economics in 2019-2020, 26.9% of them were women. This is less than the nationwide number of 33.7%.

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Racial-Ethnic Diversity

None of the economics bachelor’s degree recipients at UMaine in 2019-2020 were awarded to racial-ethnic minorities*.

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Race/EthnicityNumber of Students
Asian0
Black or African American0
Hispanic or Latino0
Native American or Alaska Native0
Native Hawaiian or Pacific Islander0
White21
International Students2
Other Races/Ethnicities3

Bachelor’s in Economics Focus Areas at UMaine

Economics students may decide to major in one of the following focus areas.

Focus AreaAnnual Graduates
General Economics26

You may also be interested in one of these majors related to economics.

Related MajorAnnual Graduates
Anthropology22
International Relations & National Security11
Political Science & Government49
Sociology24

View All Economics Related Majors >

References

*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.

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