by our College Data Analytics TeamThe main focus area for this major is General Economics. For more details on this concentration, visit its profile page.
Economics is a major offered under the social sciences program of study at University of Maryland - College Park. We’ve pulled together some essential information you should know about the bachelor’s degree program in economics, including how many students graduate each year, the ethnic diversity of these students, and more.
If there’s something special you’re looking for, you can use one of the links below to find it:
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.
In order to help students and their parents find the best school for them, we have created several different types of college rankings, which are updated yearly. UMCP was ranked #70 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 #2 in Maryland.
Here are some of the other rankings for UMCP.
During the 2019-2020 academic year, part-time undergraduate students at UMCP paid an average of $1,456 per credit hour if they came to the school from out-of-state. In-state students paid a discounted rate of $367 per credit hour. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $8,824 | $34,936 |
| Fees | $1,955 | $1,955 |
| Books and Supplies | $1,250 | $1,250 |
| On Campus Room and Board | $13,256 | $13,256 |
| On Campus Other Expenses | $2,522 | $2,522 |
Learn more about UMCP tuition and fees.
One way to think about how much a school will cost is to look at how much in student loans that you have to take out to get your degree. Students who received their bachelor’s degree at UMCP in Economics walked away with an average of $21,500 in student debt. That is about the same as the national average of $21,243.
economics who receive their bachelor’s degree from UMCP make an average of $50,509 a year during the early days of their career. That is 8% higher than the national average of $46,790.
UMCP 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 UMCP Online Learning page.
Women made up around 26.7% of the economics students who took home a bachelor’s degree in 2019-2020. This is less than the nationwide number of 33.7%.
Racial-ethnic minority graduates* made up 35.3% of the economics bachelor’s degrees at UMCP in 2019-2020. This is higher than the nationwide number of 30%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 69 |
| Black or African American | 41 |
| Hispanic or Latino | 43 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 251 |
| International Students | 44 |
| Other Races/Ethnicities | 17 |
Economics students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Economics | 465 |
You may also be interested in one of these majors related to economics.
| Related Major | Annual Graduates |
|---|---|
| Anthropology | 51 |
| Criminology | 353 |
| Geography & Cartography | 52 |
| Political Science & Government | 360 |
| Sociology | 79 |
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.
