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General Economics in Michigan

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General Economics Schools in Michigan

1,231 students earned General Economics degrees in Michigan in the 2020-2021 year.

As a degree choice, General Economics is the 5th most popular major in the state.

Education Levels of General Economics Majors in Michigan

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

Education Level Number of Grads
Bachelor’s Degree 1,169
Master’s Degree 55
Post-Master’s Certificate 3
Postbaccalaureate Certificate 3
Associate Degree 3
Doctor’s Degree (Research / Scholarship) 1
Doctor’s Degree (Professional Practice) 1
Doctor’s Degree (Other) 1

Gender Distribution

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

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Racial Distribution

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

  • Asian: 9.3%
  • Black or African American: 2.8%
  • Hispanic or Latino: 3.6%
  • White: 53.6%
  • Non-Resident Alien: 20.9%
  • Other Races: 9.8%
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Jobs for General Economics Grads in Michigan

In this state, there are 7,160 people employed in jobs related to a general economics degree, compared to 505,930 nationwide.

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Wages for General Economics Jobs in Michigan

General Economics grads earn an average of $90,040 in the state and $115,590 nationwide.

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There are 10 colleges in Michigan that offer general economics degrees. Learn about the most popular 10 below:

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

66% of students are awarded financial aid at this school. The average student takes 4.16 years to complete their degree at U-M. Students enjoy a student to faculty ratio of 11 to 1.

277 Degrees in Major Awarded
80% Graduation Rate
49,695 Total Students

Grads earn an average early-career salary of $50,137 after earning their degree at this institution. Students enjoy a student to faculty ratio of 16 to 1. Of all the students who attend this school, 71% get financial aid.

42 Degrees in Major Awarded
47% Graduation Rate
26,241 Total Students

The student loan default rate of 5.10% is a good sign that graduates can afford their loan payments. Most students complete their degree in 4.73 years. Of all the students who attend this school, 98% get financial aid.

#4

Hillsdale College

Hillsdale
34 Degrees in Major Awarded
87% Graduation Rate
1,543 Total Students

Students enjoy a student to faculty ratio of 9 to 1. 100% of the teachers are full time. Most students complete their degree in 4.14 years.

#4

Albion College

Albion
34 Degrees in Major Awarded
64% Graduation Rate
1,506 Total Students

The student to faculty ratio is 12 to 1. This private institution charges an average net price of $16,862. 100% of students get financical aid.

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

15 to 1 is the student to faculty ratio. Most students complete their degree in 4.74 years. Of all the teachers who work at the school, 99% are considered full time.

23 Degrees in Major Awarded
56% Graduation Rate
8,783 Total Students

Students enjoy a student to faculty ratio of 16 to 1. This school boasts a lower than average student loan default rate of 3.70%. 92% of students are awarded financial aid at this school.

#8

Kalamazoo College

Kalamazoo
21 Degrees in Major Awarded
79% Graduation Rate
1,451 Total Students

100% of students get financical aid. Most students complete their degree in 4.14 years. Of all the teachers who work at the school, 84% are considered full time.

20 Degrees in Major Awarded
66% Graduation Rate
23,350 Total Students

This public school has an average net price of $17,356. Students enjoy a student to faculty ratio of 16 to 1. This school boasts a lower than average student loan default rate of 2.70%.

#10

Central Michigan University

Mount Pleasant
18 Degrees in Major Awarded
62% Graduation Rate
17,311 Total Students

The full-time teacher rate is 76%. Graduates earn an average $42,092 after graduation. The student to faculty ratio is 18 to 1.

General Economics Careers in MI

Some of the careers general economics majors go into include:

Job Title MI Job Growth MI Median Salary
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 general economics.

Major Annual Graduates in MI
Quantitative Economics 126
Applied Economics 70
Other Economics 43
Development Economics 26

View all majors related to General Economics

View Nationwide General Economics Report

References

More about our data sources and methodologies.

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