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Amherst College Bachelor’s in Economics

74 Bachelor's Degrees Awarded
$84,653 Average Salary
$19,500 Average Student Debt

The main focus area for this major is Econometrics & Quantitative Economics. For more details on this concentration, visit its profile page.

Economics is a major offered under the social sciences program of study at Amherst College. Here, you’ll find out more about the major bachelor’s degree program in economics, including such details as the number of graduates, diversity of students, and more.

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Rankings for the Amherst Bachelor’s in Economics

#18 in the U.S
#3 in Massachusetts

Each year, we produce a number of different types of college rankings to help students decide which school is the best fit for them. In College Factual's most recent rankings for the best schools for economics majors, Amherst came in at #18. This puts it in the top 5% of the country in this field of study. It is also ranked #3 in Massachusetts.

Here are some of the other rankings for Amherst.

Ranking TypeRank
Highest Paid Bachelor’s Degree Economics Graduates6
Highest Paid Economics Graduates10
Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k)11
Best Value Colleges for Economics (Income $48-$75k)12
Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k)16
Best Value Colleges for Economics (With Aid)16
Best Economics Bachelor’s Degree Schools17
Best Value Colleges for Economics (Income $30-$48k)17
Best Economics Schools18
Best Value Bachelor’s Degree Colleges for Economics (With Aid)19
Best Value Colleges for Economics (Income $0-$30k)21
Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k)22
Most Focused Bachelor’s Degree Colleges for Economics22
Most Focused Colleges for Economics24
Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k)27
Best Value Colleges for Economics (Income $75-$110k)30
Most Popular Bachelor’s Degree Colleges for Economics138
Best Economics Bachelor’s Degree Colleges for Veterans143
Best Economics Colleges for Veterans144
Most Popular Colleges for Economics154
Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k)504
Best Value Colleges for Economics (Income Over $110k)519
Best Value Bachelor’s Degree Colleges for Economics602
Best Value Colleges for Economics626

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

$60,890 Average Tuition and Fees (In-State)
$19,500 Average Student Debt

Amherst Undergraduate Tuition and Fees

The average full-time tuition and fees for undergraduates are shown in the table below.

In StateOut of State
Tuition$59,890$59,890
Fees$1,000$1,000
Books and Supplies$1,000$1,000
On Campus Room and Board$15,910$15,910
On Campus Other Expenses$1,800$1,800

Learn more about Amherst tuition and fees.

Amherst Economics Bachelor’s Student Debt

You may also want to consider how much in student loans you’ll need when thinking about the overall cost to attend a school. Economics students who received their bachelor’s degree at Amherst took out an average of $19,500 in student loans. That is 8% lower than the national average of $21,243.

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

$84,653 Average Salary
High Earnings Boost

economics who receive their bachelor’s degree from Amherst make an average of $84,653 a year during the early days of their career. That is 81% higher than the national average of $46,790.

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Does Amherst Offer an Online Bachelor’s in Economics?

Online degrees for the Amherst economics bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the Amherst Online Learning page.

Amherst Bachelor’s Student Diversity for Economics

74 Bachelor's Degrees Awarded
31.1% Women
31.1% Racial-Ethnic Minorities*
In the 2019-2020 academic year, 74 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 31.1% 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

Racial-ethnic minority graduates* made up 31.1% of the economics bachelor’s degrees at Amherst in 2019-2020. This is about the same as the nationwide number of 30%.

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Race/EthnicityNumber of Students
Asian11
Black or African American5
Hispanic or Latino5
Native American or Alaska Native0
Native Hawaiian or Pacific Islander0
White43
International Students3
Other Races/Ethnicities7

Bachelor’s in Economics Focus Areas at Amherst

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

Focus AreaAnnual Graduates
Econometrics & Quantitative Economics74

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

Related MajorAnnual Graduates
Anthropology7
Political Science & Government40
Sociology10

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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