Applied Economics at University of Minnesota - Twin Cities

If you plan to study applied economics, take a look at what University of Minnesota - Twin Cities has to offer and decide if the program is a good match for you. Get started with the following essential facts.

UMN Twin Cities is located in Minneapolis, Minnesota and has a total student population of 52,017. In 2021, 55 applied economics majors received their bachelor's degree from UMN Twin Cities.

Want to know more about the career opportunities in this field? Check out the Careers in Applied Economics section at the bottom of this page.

UMN Twin Cities Applied Economics Degrees Available

• Bachelor’s Degree in Applied Economics
• Master’s Degree in Applied Economics
• Doctorate Degree in Applied Economics

UMN Twin Cities Applied Economics Rankings

The following rankings from College Factual show how the applied economics progam at UMN Twin Cities compares to programs at other colleges and universities.

Note: While rankings may be a good starting point when you're researching a school, they don't necessarily highlight all of a school's strengths. Don't forget to check out the other details that are available for a school to see if it has what you're looking for in a program.

Bachelor’s Degree Overall Quality & Other Notable Rankings

The applied economics major at UMN Twin Cities is not ranked on College Factual’s Best Colleges and Universities for Applied Economics. This could be for a number of reasons, such as not having enough data on the major or school to make an accurate assessment of its quality.

Ranking Type	Rank
	1
	1
	2
	6
	10
	12

In 2021, 7 students received their master’s degree in applied economics from UMN Twin Cities. This makes it the #10 most popular school for applied economics master’s degree candidates in the country.

There were 11 students who received their doctoral degrees in applied economics, making the school the #1 most popular school in the United States for this category of students.

Applied Economics Student Demographics at UMN Twin Cities

Take a look at the following statistics related to the make-up of the applied economics majors at University of Minnesota - Twin Cities.

UMN Twin Cities Applied Economics Bachelor’s Program

During the 2020-2021 academic year, 55 applied economics majors earned their bachelor's degree from UMN Twin Cities. Of these graduates, 65% were men and 35% were women.

Prospective students may be interested in knowing that this school graduates 3% more racial-ethnic minorities in its applied economics bachelor's program than the national average.*

The following table and chart show the race/ethnicity for students who recently graduated from University of Minnesota - Twin Cities with a bachelor's in applied economics.

Race/Ethnicity	Number of Students
Asian	5
Black or African American	2
Hispanic or Latino	1
White	26
International Students	16
Other Races/Ethnicities	5

UMN Twin Cities Applied Economics Master’s Program

Of the 7 applied economics students who graduated with a master's degree in 2020-2021 from UMN Twin Cities, about 29% were men and 71% were women.

Of the students who received a applied economics master's degree from UMN Twin Cities, 71% were white. This is above average for this degree on the natiowide level.

The following table and chart show the race/ethnicity for students who recently graduated from University of Minnesota - Twin Cities with a master's in applied economics.

Race/Ethnicity	Number of Students
Asian	0
Black or African American	0
Hispanic or Latino	0
White	5
International Students	2
Other Races/Ethnicities	0

UMN Twin Cities also has a doctoral program available in applied economics. In 2021, 11 students graduated with a doctor's degree in this field.

Related Majors

• General Economics
• Econometrics & Quantitative Economics

Careers That Applied Economics Grads May Go Into

A degree in applied economics can lead to the following careers. Since job numbers and average salaries can vary by geographic location, we have only included the numbers for MN, the home state for University of Minnesota - Twin Cities.

Occupation	Jobs in MN	Average Salary in MN
Market Research Analysts and Marketing Specialists	14,850	$74,300
Managers	9,350	$128,590
Economics Professors	300	$110,060
Economists	250	$81,720

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.

• College Factual
• National Center for Education Statistics
• O*NET Online
• Image Credit: By AlexiusHoratius under License

More about our data sources and methodologies.