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University of Michigan - Dearborn Bachelor’s in Economics

27 Bachelor's Degrees Awarded
$48,682 Average Salary
$21,002 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 Michigan - Dearborn. 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, and more.

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Rankings for the UM Dearborn Bachelor’s in Economics

#466 in the U.S
#11 in Michigan

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 UM Dearborn was ranked #466 on College Factual's Best Schools for economics list. It is also ranked #11 in Michigan.

Here are some of the other rankings for UM Dearborn.

Ranking TypeRank
Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k)102
Best Value Colleges for Economics (Income Over $110k)112
Best Value Bachelor’s Degree Colleges for Economics (With Aid)126
Best Value Colleges for Economics (With Aid)136
Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k)158
Best Value Colleges for Economics (Income $48-$75k)166
Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k)170
Best Value Colleges for Economics (Income $75-$110k)182
Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k)192
Best Value Colleges for Economics (Income $0-$30k)201
Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k)204
Best Value Bachelor’s Degree Colleges for Economics210
Best Value Colleges for Economics (Income $30-$48k)215
Best Value Colleges for Economics231
Best Economics Bachelor’s Degree Colleges for Veterans245
Best Economics Colleges for Veterans250
Most Popular Bachelor’s Degree Colleges for Economics269
Highest Paid Bachelor’s Degree Economics Graduates275
Highest Paid Economics Graduates285
Most Popular Colleges for Economics318
Most Focused Bachelor’s Degree Colleges for Economics340
Most Focused Colleges for Economics391
Best Economics Bachelor’s Degree Schools451
Best Economics Schools466

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

$13,552 Average Tuition and Fees (In-State)
$21,002 Average Student Debt

UM Dearborn Undergraduate Tuition and Fees

Out-of-state part-time undergraduates at UM Dearborn paid an average of $1,130 per credit hour in 2019-2020. The average for in-state students was $548 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.

In StateOut of State
Tuition$13,152$27,120
Fees$400$400
Books and Supplies$1,300$1,300

Learn more about UM Dearborn tuition and fees.

UM Dearborn 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. Students who received their bachelor’s degree at UM Dearborn in Economics walked away with an average of $21,002 in student debt. That is about the same as the national average of $21,243.

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

$48,682 Average Salary
High Earnings Boost

economics who receive their bachelor’s degree from UM Dearborn make an average of $48,682 a year during the early days of their career. That is 4% higher than the national average of $46,790.

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Does UM Dearborn Offer an Online Bachelor’s in Economics?

UM Dearborn 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 UM Dearborn Online Learning page.

UM Dearborn Bachelor’s Student Diversity for Economics

27 Bachelor's Degrees Awarded
25.9% Women
25.9% Racial-Ethnic Minorities*
In the 2019-2020 academic year, 27 students received their bachelor’s degree in economics. The gender and racial-ethnic breakdown of those individuals is shown below.

Male-to-Female Ratio

Women made up around 25.9% of the economics students who took home a bachelor’s degree in 2019-2020. This is less than the nationwide number of 33.7%.

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Racial-Ethnic Diversity

Of those graduates who received a bachelor’s degree in economics at UM Dearborn in 2019-2020, 25.9% were racial-ethnic minorities*. This is lower than the nationwide number of 30%.

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Race/EthnicityNumber of Students
Asian2
Black or African American2
Hispanic or Latino3
Native American or Alaska Native0
Native Hawaiian or Pacific Islander0
White20
International Students0
Other Races/Ethnicities0

Bachelor’s in Economics Focus Areas at UM Dearborn

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

Focus AreaAnnual Graduates
General Economics27

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

Related MajorAnnual Graduates
General Social Sciences15
Anthropology13
Political Science & Government29
Sociology6
Urban Studies5

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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