by our College Data Analytics TeamEconomics is a major offered under the social sciences program of study at University of Massachusetts Amherst. 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, whether or not the degree is offered online, 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.
If you're having trouble deciding which school is best for you, you may want to check out our many college rankings. The bachelor's program at UMass Amherst was ranked #109 on College Factual's Best Schools for economics list. It is also ranked #12 in Massachusetts.
Here are some of the other rankings for UMass Amherst.
Out-of-state part-time undergraduates at UMass Amherst paid an average of $1,491 per credit hour in 2019-2020. The average for in-state students was $658 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $15,791 | $35,779 |
| Fees | $648 | $648 |
| Books and Supplies | $1,000 | $1,000 |
| On Campus Room and Board | $13,329 | $13,329 |
| On Campus Other Expenses | $1,400 | $1,400 |
Learn more about UMass Amherst tuition and fees.
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. Students who received their bachelor’s degree at UMass Amherst in Economics walked away with an average of $25,000 in student debt. That is 18% higher than the national average of $21,243.
The median early career salary of economics students who receive their bachelor’s degree from UMass Amherst is $51,571 per year. That is 10% higher than the national average of $46,790.
UMass Amherst 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 UMass Amherst Online Learning page.
Of the students who received their bachelor’s degree in economics in 2019-2020, 29.7% of them were women. This is less than the nationwide number of 33.7%.
Of those graduates who received a bachelor’s degree in economics at UMass Amherst in 2019-2020, 27.7% were racial-ethnic minorities*. This is lower than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 49 |
| Black or African American | 13 |
| Hispanic or Latino | 15 |
| Native American or Alaska Native | 1 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 161 |
| International Students | 53 |
| Other Races/Ethnicities | 18 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Economics | 263 |
| Econometrics & Quantitative Economics | 47 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Anthropology | 38 |
| Geography & Cartography | 11 |
| Political Science & Government | 181 |
| Sociology | 110 |
| Other Social Sciences | 31 |
*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.
