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. In addition, we cover how UMN Duluth ranks in comparison to other schools with economics programs.
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The bachelor's program at UMN Duluth was ranked #207 on College Factual's Best Schools for economics list. It is also ranked #7 in Minnesota.
| Ranking Type | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools | 204 |
| Best Economics Schools | 207 |
During the 2021-2022 academic year, University of Minnesota - Duluth handed out 37 bachelor's degrees in economics. This is an increase of 37% over the previous year when 27 degrees were handed out.
The median salary of economics students who receive their bachelor's degree at UMN Duluth is $50,873. Unfortunately, this is lower than the national average of $51,722 for all economics students.
Out-of-state part-time undergraduates at UMN Duluth paid an average of $700 per credit hour in 2022-2023. The average for in-state students was $491 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $12,766 | $18,210 |
| Fees | $1,552 | $1,552 |
| Books and Supplies | $1,000 | $1,000 |
| On Campus Room and Board | $10,206 | $10,206 |
| On Campus Other Expenses | $2,448 | $2,448 |
Learn more about UMN Duluth tuition and fees.
For the most recent academic year available, 76% of economics bachelor's degrees went to men and 24% went to women.
The majority of the students with this major are white. About 84% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota - Duluth with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 2 |
| White | 31 |
| Non-Resident Aliens | 3 |
| Other Races | 0 |
UMN Duluth 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 UMN Duluth Online Learning page.
Take a look at the following statistics related to the make-up of the economics majors at University of Minnesota - Duluth.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 37 |
| Sociology | 13 |
| Geography & Cartography | 10 |
| International Relations & National Security | 10 |
| Anthropology | 9 |
More about our data sources and methodologies.