The 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 Wisconsin - Madison. Here, you’ll find out more about the major bachelor’s degree program in economics, including such details as the number of graduates, diversity of students, and more.
You can jump to any section of this page using the links below:
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.
If you're having trouble deciding which school is best for you, you may want to check out our many college rankings. UW - Madison is in the top 10% of the country for economics. More specifically it was ranked #62 out of 627 schools by College Factual. It is also ranked #1 in Wisconsin.
Here are some of the other rankings for UW - Madison.
Out-of-state part-time undergraduates at UW - Madison paid an average of $1,548 per credit hour in 2019-2020. The average for in-state students was $386 per credit hour. The following table shows the average full-time tuition and fees for undergraduates.
In State | Out of State | |
---|---|---|
Tuition | $9,273 | $37,161 |
Fees | $1,469 | $1,469 |
Books and Supplies | $1,150 | $1,150 |
On Campus Room and Board | $12,200 | $12,200 |
On Campus Other Expenses | $3,066 | $3,066 |
Learn more about UW - Madison 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. Economics students who received their bachelor’s degree at UW - Madison took out an average of $22,030 in student loans. That is 4% higher than the national average of $21,243.
The median early career salary of economics students who receive their bachelor’s degree from UW - Madison is $49,772 per year. That is 6% higher than the national average of $46,790.
UW - Madison 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 UW - Madison Online Learning page.
About 31.4% of the students who received their Bachelor’s in economics in 2019-2020 were women. This is less than the nationwide number of 33.7%.
Around 13.3% of economics bachelor’s degree recipients at UW - Madison in 2019-2020 were awarded to racial-ethnic minorities*. This is lower than the nationwide number of 30%.
Race/Ethnicity | Number of Students |
---|---|
Asian | 30 |
Black or African American | 7 |
Hispanic or Latino | 19 |
Native American or Alaska Native | 1 |
Native Hawaiian or Pacific Islander | 0 |
White | 348 |
International Students | 139 |
Other Races/Ethnicities | 22 |
Economics students may decide to major in one of the following focus areas.
Focus Area | Annual Graduates |
---|---|
General Economics | 566 |
You may also be interested in one of these majors related to economics.
Related Major | Annual Graduates |
---|---|
Anthropology | 26 |
Geography & Cartography | 41 |
Political Science & Government | 363 |
Sociology | 97 |
*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.