Economics at University of Pennsylvania

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

UPenn is located in Philadelphia, Pennsylvania and has a total student population of 26,552. Of the 1,088 students who graduated with a bachelor’s degree from University of Pennsylvania in 2021, 222 of them were economics majors.

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

UPenn Economics Degrees Available

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

UPenn Economics Rankings

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

Note: Rankings don't always give a complete picture of a school's strengths and weaknesses, so it's a good idea to extend your research and also look at other factors when trying to decide if the school is right for you.

Bachelor’s Degree Overall Quality & Other Notable Rankings

The economics major at UPenn is not ranked on College Factual’s Best Colleges and Universities for 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
	6
	15
	15
	15
	19
	23
	52
	94
	187
	198

In 2021, 24 students received their master’s degree in economics from UPenn. This makes it the #52 most popular school for economics master’s degree candidates in the country.

There were 27 students who received their doctoral degrees in economics, making the school the #6 most popular school in the United States for this category of students.

Earnings of UPenn Economics Graduates

The median salary of economics students who receive their bachelor's degree at UPenn is $72,198. This is 57% higher than $45,868, which is the national average for all economics bachelor's degree recipients.

Economics Student Demographics at UPenn

Take a look at the following statistics related to the make-up of the economics majors at University of Pennsylvania.

UPenn Economics Bachelor’s Program

During the 2020-2021 academic year, 222 students graduated with a bachelor's degree in economics from UPenn. About 60% were men and 40% were women. The typical economics bachelor's degree program is made up of only 36% women. So female students are more repesented at UPenn since its program graduates 3% more women than average.

Prospective students may be interested in knowing that this school graduates 6% more racial-ethnic minorities in its 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 Pennsylvania with a bachelor's in economics.

Race/Ethnicity	Number of Students
Asian	52
Black or African American	10
Hispanic or Latino	14
White	81
International Students	53
Other Races/Ethnicities	12

UPenn Economics Master’s Program

Of the 24 economics students who graduated with a master's degree in 2020-2021 from UPenn, about 63% were men and 38% were women.

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

Race/Ethnicity	Number of Students
Asian	1
Black or African American	2
Hispanic or Latino	0
White	5
International Students	15
Other Races/Ethnicities	1

UPenn also has a doctoral program available in economics. In 2021, 27 students graduated with a doctor's degree in this field.

Concentrations Within Economics

If you plan to be a economics major, you may want to focus your studies on one of the following concentrations. The completion numbers here include all graduates who receive any type of degree in this field from University of Pennsylvania. Some of these focus areas may not be available for your degree level.

Concentration	Annual Degrees Awarded
Econometrics & Quantitative Economics	248
General Economics	25

Careers That Economics Grads May Go Into

A degree in 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 PA, the home state for University of Pennsylvania.

Occupation	Jobs in PA	Average Salary in PA
Market Research Analysts and Marketing Specialists	26,750	$68,630
Managers	11,060	$126,290
Economics Professors	710	$131,060
Economists	610	$87,630
Survey Researchers	510	$60,810

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 WestCoastivieS under License

More about our data sources and methodologies.