by our College Data Analytics TeamHere, 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.
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UT Austin was ranked #58 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 Texas.
During the 2021-2022 academic year, The University of Texas at Austin handed out 340 bachelor's degrees in economics. This is a decrease of 4% over the previous year when 354 degrees were handed out.
In 2022, 65 students received their master’s degree in economics from UT Austin. This makes it the #19 most popular school for economics master’s degree candidates in the country.
In addition, 11 students received their doctoral degrees in economics in 2022, making the school the #37 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from UT Austin go on to jobs where they make a median salary of $50,245 a year. This is higher than $45,884, which is the national median for all economics bachelor's degree recipients.
While getting their bachelor's degree at UT Austin, economics students borrow a median amount of $19,500 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 $20,813.
The typical student loan payment of a bachelor's degree student from the economics program at UT Austin is $235 per month.
At UT Austin, a typical economics student working on their master's degree borrrows about $43,085 in student loans. This is not favorable since the median amount of student debt for all economics master's graduates is $40,849.
During the 2022-2023 academic year, part-time undergraduate students at UT Austin paid an average of $1,930 per credit hour if they came to the school from out-of-state. In-state students paid a discounted rate of $546 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $11,678 | $42,778 |
| Books and Supplies | $724 | $724 |
| On Campus Room and Board | $14,136 | $14,136 |
| On Campus Other Expenses | $5,034 | $5,034 |
Learn more about UT Austin tuition and fees.
The economics program at UT Austin awarded 340 bachelor's degrees in 2021-2022. About 70% of these degrees went to men with the other 30% going to women.
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.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 87 |
| Black or African American | 8 |
| Hispanic or Latino | 62 |
| White | 126 |
| Non-Resident Aliens | 49 |
| Other Races | 8 |
Online degrees for the UT Austin 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 UT Austin Online Learning page.
Graduates of the master's economics program at UT Austin make a median salary of $62,547. This is less than what their typical peers from other schools make. Their median salary is $63,388.
Of the 56 students who earned a master's degree in Economics from UT Austin in 2021-2022, 66% were men and 34% were women.
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.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 4 |
| White | 22 |
| Non-Resident Aliens | 29 |
| Other Races | 0 |
Take a look at the following statistics related to the make-up of the economics majors at The University of Texas at Austin.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 342 |
| Sociology | 141 |
| Anthropology | 66 |
| International Relations & National Security | 60 |
| Geography & Cartography | 50 |
More about our data sources and methodologies.