by our College Data Analytics TeamThe 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 Macalester College. We’ve gathered data and other essential information about the bachelor’s degree program in economics, such as if the program is offered online, ethnicity of students, how many students graduated in recent times, and more.
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Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
If you're the kind of person who enjoys working with numbers and solving tough problems, a graduate degree in economics may be for you.
Each year, we produce a number of different types of college rankings to help students decide which school is the best fit for them. Macalester was ranked #90 on College Factual's most recent list of the best schools for economics majors. This puts the bachelor's program at the school solidly in the top 15% of all colleges and universities in the country. It is also ranked #4 in Minnesota.
Here are some of the other rankings for Macalester.
Part-time undergraduates at Macalester paid an average of $1,820 per credit hour in 2019-2020. This tuition was the same for both in-state and out-of-state students. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $58,248 | $58,248 |
| Fees | $230 | $230 |
| Books and Supplies | $1,213 | $1,213 |
| On Campus Room and Board | $13,084 | $13,084 |
| On Campus Other Expenses | $996 | $996 |
Learn more about Macalester tuition and fees.
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 Macalester took out an average of $18,750 in student loans. That is 12% lower than the national average of $21,243.
The median early career salary of economics students who receive their bachelor’s degree from Macalester is $53,358 per year. That is 14% higher than the national average of $46,790.
Macalester does not offer an online option for its economics bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the Macalester Online Learning page.
Of the students who received their bachelor’s degree in economics in 2019-2020, 34.5% of them were women. This is about the same as the countrywide number of 33.7%.
Racial-ethnic minority graduates* made up 18.2% of the economics bachelor’s degrees at Macalester in 2019-2020. This is lower than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 3 |
| Black or African American | 1 |
| Hispanic or Latino | 3 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 27 |
| International Students | 18 |
| Other Races/Ethnicities | 3 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| Econometrics & Quantitative Economics | 55 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Anthropology | 16 |
| Geography & Cartography | 22 |
| Political Science & Government | 36 |
| Sociology | 6 |
View All Economics Related Majors >
*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.
