by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. In addition, we cover how UNM ranks in comparison to other schools with economics programs.
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The bachelor's program at UNM was ranked #334 on College Factual's Best Schools for economics list. It is also ranked #1 in New Mexico.
| Ranking Type | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools | 318 |
| Best Economics Schools | 334 |
During the 2021-2022 academic year, University of New Mexico - Main Campus handed out 44 bachelor's degrees in economics. This is a decrease of 20% over the previous year when 55 degrees were handed out.
In 2022, 8 students received their master’s degree in economics from UNM. This makes it the #133 most popular school for economics master’s degree candidates in the country.
In addition, 4 students received their doctoral degrees in economics in 2022, making the school the #87 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from UNM go on to jobs where they make a median salary of $43,656 a year. This is less than $51,722, which is the national median of all economics majors in the nation who earn bachelor's degrees.
In 2022-2023, the average part-time undergraduate tuition at UNM was $1,047 per credit hour for out-of-state students. The average for in-state students was $283 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $6,803 | $25,139 |
| Fees | $1,312 | $1,312 |
| Books and Supplies | $1,328 | $1,328 |
| On Campus Room and Board | $11,884 | $11,884 |
| On Campus Other Expenses | $4,708 | $4,708 |
Learn more about UNM tuition and fees.
Of the 44 students who earned a bachelor's degree in Economics from UNM 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 University of New Mexico - Main Campus with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 22 |
| White | 19 |
| Non-Resident Aliens | 1 |
| Other Races | 1 |
Online degrees for the UNM 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 UNM Online Learning page.
During the 2021-2022 academic year, 5 economics majors earned their master's degree from UNM. Of these graduates, 40% were men and 60% were women.
The following table and chart show the ethnic background for students who recently graduated from University of New Mexico - Main Campus with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 1 |
| Hispanic or Latino | 0 |
| White | 2 |
| 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 New Mexico - Main Campus.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 112 |
| Sociology | 47 |
| Anthropology | 46 |
| International Relations & National Security | 41 |
| Geography & Cartography | 18 |
More about our data sources and methodologies.