Economics at The University of Texas at Austin

Economics at The University of Texas at Austin

The Economics major is part of the social sciences program at The University of Texas at Austin.

Here, you'll find out more about the major, including such details as the number of graduates, what degree levels are offered, ethnicity of students, average salaries, and more. We've also included details on how UT Austin ranks compared to other colleges offering a major in economics.

Jump to any of the following sections:

Economics Degrees Available at UT Austin

UT Austin Economics Rankings

UT Austin is in the top 10% of the country for economics. More specifically it was ranked #54 out of 627 schools by College Factual. It is also ranked #2 in Texas.

Ranking Type Rank
Best Value Doctor’s Degree Colleges for Economics 3
Best Value Master’s Degree Colleges for Economics 9
Most Popular Bachelor’s Degree Colleges for Economics 12
Most Popular Doctor’s Degree Colleges for Economics 15
Most Popular Master’s Degree Colleges for Economics 20
Best Economics Doctor’s Degree Schools 34
Best Economics Master’s Degree Schools 42
Best Economics Bachelor’s Degree Schools 47
Most Focused Doctor’s Degree Colleges for Economics 58
Most Focused Master’s Degree Colleges for Economics 72
Most Focused Bachelor’s Degree Colleges for Economics 159
Best Value Bachelor’s Degree Colleges for Economics 231

Popularity of Economics at UT Austin

During the 2019-2020 academic year, The University of Texas at Austin handed out 450 bachelor's degrees in economics. Due to this, the school was ranked #11 in popularity out of all colleges and universities that offer this degree. This is a decrease of 15% over the previous year when 532 degrees were handed out.

In 2020, 68 students received their master’s degree in economics from UT Austin. This makes it the #14 most popular school for economics master’s degree candidates in the country.

In addition, 11 students received their doctoral degrees in economics in 2020, making the school the #41 most popular school in the United States for this category of students.

How Much Do Economics Graduates from UT Austin Make?

Salary of Economics Graduates with a Bachelor's Degree

Economics majors who earn their bachelor's degree from UT Austin go on to jobs where they make a median salary of $52,200 a year. This is great news for graduates of the program, since this figure is higher than the national average of $44,300 for all economics bachelor's degree recipients.

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How Much Student Debt Do Economics Graduates from UT Austin Have?

Student Debt of Economics Graduates with a Bachelor's Degree

While getting their bachelor's degree at UT Austin, economics students borrow a median amount of $20,500 in student loans. This is not too bad considering that the median debt load of all economics bachelor's degree recipients across the country is $21,666.

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The typical student loan payment of a bachelor's degree student from the economics program at UT Austin is $213 per month.

Student Debt of Economics Graduates with a Master's Degree

At UT Austin, a typical economics student working on their master's degree borrrows about $32,000 in student loans. This means that these borrowers may have an easier time paying back their loans thatn the typical economics graduate who borrows a median amount of $42,269.

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Those master's students from UT Austin on a 10-year student debt repayment plan end up paying a median amount of $373 per month.

UT Austin Economics Students

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

UT Austin Economics Bachelor’s Program

During the 2019-2020 academic year, 450 economics majors earned their bachelor's degree from UT Austin. Of these graduates, 72% were men and 28% were women.

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The following table and chart show the ethnic background for students who recently graduated from The University of Texas at Austin with a bachelor's in economics.

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Ethnic Background Number of Students
Asian 104
Black or African American 14
Hispanic or Latino 76
White 185
Non-Resident Aliens 57
Other Races 14

UT Austin Economics Master’s Program

During the 2019-2020 academic year, 55 economics majors earned their master's degree from UT Austin. Of these graduates, 58% were men and 42% were women.

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The following table and chart show the ethnic background for students who recently graduated from The University of Texas at Austin with a master's in economics.

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Ethnic Background Number of Students
Asian 3
Black or African American 0
Hispanic or Latino 5
White 21
Non-Resident Aliens 25
Other Races 1

Related Major Annual Graduates
Political Science & Government 347
Sociology 173
Geography & Cartography 70
Anthropology 69
International Relations & National Security 44

View All Economics Related Majors >

References

More about our data sources and methodologies.

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