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Applied Economics in Michigan

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Applied Economics Schools in Michigan

70 Applied Economics students earned their degrees in the state in 2020-2021.

In terms of popularity, Applied Economics is the 36th most popular major in the state out of a total 97 majors commonly available.

Education Levels of Applied Economics Majors in Michigan

Applied Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Master’s Degree 70

Gender Distribution

In Michigan, a applied economics major is more popular with women than with men.

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Racial Distribution

The racial distribution of applied economics majors in Michigan is as follows:

  • Asian: 1.4%
  • Black or African American: 0.0%
  • Hispanic or Latino: 0.0%
  • White: 4.3%
  • Non-Resident Alien: 94.3%
  • Other Races: 0.0%
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Jobs for Applied Economics Grads in Michigan

There are 26,140 people in the state and 1,144,130 people in the nation working in applied economics jobs.

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Wages for Applied Economics Jobs in Michigan

A typical salary for a applied economics grad in the state is $90,040, compared to a typical salary of $115,590 nationwide.

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There are 3 colleges in Michigan that offer applied economics degrees. Learn about the most popular 3 below:

65 Degrees in Major Awarded
92% Graduation Rate
47,907 Total Students

The average student takes 4.16 years to complete their degree at U-M. The student loan default rate of 1.30% is a good sign that graduates can afford their loan payments. Students enjoy a student to faculty ratio of 11 to 1.

4 Degrees in Major Awarded
45% Graduation Rate
16,294 Total Students

Most students complete their degree in 4.74 years. In their early career, Eastern Michigan grads earn an average salary of $39,128. 95% of students get financical aid.

1 Degrees in Major Awarded
68% Graduation Rate
6,873 Total Students

Seeking financial aid? At this school, 99% of students receive it. The student to faculty ratio is 13 to 1. The student loan default rate is 1.90% which is lower than average.

Applied Economics Careers in MI

Some of the careers applied economics majors go into include:

Job Title MI Job Growth MI Median Salary
Market Research Analysts and Marketing Specialists 24% $61,280
Economics Professors 9% $103,650
Economists 8% $80,990
Managers 7% $95,390

Below are some popular majors in the state that are similar to applied economics.

Major Annual Graduates in MI
General Economics 1,228
Quantitative Economics 126
Other Economics 43
Development Economics 26

View all majors related to Applied Economics

View Nationwide Applied Economics Report

References

More about our data sources and methodologies.

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