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. Also, learn how UIC ranks among other schools offering degrees in economics.
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The bachelor's program at UIC was ranked #151 on College Factual's Best Schools for economics list. It is also ranked #5 in Illinois.
| Ranking Type | Rank |
|---|---|
| Best Economics Master’s Degree Schools | 75 |
| Best Economics Graduate Degree Schools | 82 |
| Best Economics Bachelor’s Degree Schools | 148 |
| Best Economics Schools | 151 |
During the 2021-2022 academic year, University of Illinois at Chicago handed out 108 bachelor's degrees in economics. This is a decrease of 8% over the previous year when 117 degrees were handed out.
In 2022, 4 students received their master’s degree in economics from UIC. This makes it the #177 most popular school for economics master’s degree candidates in the country.
In addition, 8 students received their doctoral degrees in economics in 2022, making the school the #54 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from UIC go on to jobs where they make a median salary of $37,767 a year. Unfortunately, this is lower than the national average of $51,722 for all economics students.
During the 2022-2023 academic year, part-time undergraduate students at UIC paid an average of $843 per credit hour if they came to the school from out-of-state. In-state students paid a discounted rate of $449 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $12,656 | $28,345 |
| Fees | $3,160 | $3,160 |
| Books and Supplies | $1,400 | $1,400 |
| On Campus Room and Board | $14,600 | $14,600 |
| On Campus Other Expenses | $6,026 | $6,026 |
Learn more about UIC tuition and fees.
Of the 108 students who graduated with a Bachelor’s in economics from UIC in 2022, 65% were men and 35% were women.
The following table and chart show the ethnic background for students who recently graduated from University of Illinois at Chicago with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 26 |
| Black or African American | 6 |
| Hispanic or Latino | 38 |
| White | 30 |
| Non-Resident Aliens | 5 |
| Other Races | 3 |
UIC 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 UIC Online Learning page.
For the most recent academic year available, 67% of economics master's degrees went to men and 33% went to women.
The majority of master's degree recipients in this major at UIC are white. In the most recent graduating class for which data is available, 56% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Illinois at Chicago with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 1 |
| Hispanic or Latino | 1 |
| White | 5 |
| Non-Resident Aliens | 1 |
| Other Races | 0 |
Take a look at the following statistics related to the make-up of the economics majors at University of Illinois at Chicago.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 105 |
| Sociology | 91 |
| Anthropology | 37 |
More about our data sources and methodologies.