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University of Wisconsin - Madison Bachelor’s in Economics

566 Bachelor's Degrees Awarded
$49,772 Average Salary
$22,030 Average Student Debt

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.

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Rankings for the UW - Madison Bachelor’s in Economics

#62 in the U.S
#1 in Wisconsin

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.

Ranking TypeRank
Best Value Doctor’s Degree Colleges for Economics2
Most Popular Colleges for Economics3
Best Economics Doctor’s Degree Colleges for Veterans4
Most Popular Master’s Degree Colleges for Economics4
Most Popular Doctor’s Degree Colleges for Economics5
Most Popular Bachelor’s Degree Colleges for Economics6
Best Value Doctor’s Degree Colleges for Economics (With Aid)7
Best Economics Master’s Degree Colleges for Veterans9
Best Value Doctor’s Degree Colleges for Economics (Income Over $110k)9
Best Value Master’s Degree Colleges for Economics (With Aid)9
Best Value Master’s Degree Colleges for Economics11
Best Economics Colleges for Veterans12
Best Value Master’s Degree Colleges for Economics (Income Over $110k)13
Best Economics Bachelor’s Degree Colleges for Veterans15
Best Value Colleges for Economics (With Aid)16
Best Value Bachelor’s Degree Colleges for Economics (With Aid)16
Best Value Doctor’s Degree Colleges for Economics (Income $30-$48k)17
Best Value Doctor’s Degree Colleges for Economics (Income $48-$75k)17
Best Value Master’s Degree Colleges for Economics (Income $30-$48k)18
Best Value Doctor’s Degree Colleges for Economics (Income $0-$30k)18
Best Value Master’s Degree Colleges for Economics (Income $0-$30k)19
Most Focused Master’s Degree Colleges for Economics20
Best Value Master’s Degree Colleges for Economics (Income $48-$75k)21
Best Economics Doctor’s Degree Schools25
Best Value Colleges for Economics (Income $0-$30k)30
Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k)30
Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k)31
Best Economics Master’s Degree Schools31
Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k)34
Best Value Doctor’s Degree Colleges for Economics (Income $75-$110k)34
Best Value Colleges for Economics (Income $30-$48k)34
Best Value Colleges for Economics (Income $48-$75k)37
Best Value Colleges for Economics (Income Over $110k)37
Most Focused Doctor’s Degree Colleges for Economics38
Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k)38
Best Value Master’s Degree Colleges for Economics (Income $75-$110k)39
Highest Paid Doctor’s Degree Economics Graduates40
Best Economics Bachelor’s Degree Schools60
Best Economics Schools62
Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k)83
Highest Paid Master’s Degree Economics Graduates84
Best Value Colleges for Economics (Income $75-$110k)90
Most Focused Colleges for Economics112
Most Focused Bachelor’s Degree Colleges for Economics138
Best Value Colleges for Economics198
Highest Paid Bachelor’s Degree Economics Graduates230
Highest Paid Economics Graduates233
Best Value Bachelor’s Degree Colleges for Economics255

How Much Does a Bachelor’s in Economics from UW - Madison Cost?

$10,742 Average Tuition and Fees (In-State)
$22,030 Average Student Debt

UW - Madison Undergraduate Tuition and Fees

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 StateOut 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.

UW - Madison Economics Bachelor’s Student Debt

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.

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How Much Can You Make With a Bachelor’s in Economics From UW - Madison?

$49,772 Average Salary
High Earnings Boost

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.

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Does UW - Madison Offer an Online Bachelor’s in Economics?

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.

UW - Madison Bachelor’s Student Diversity for Economics

566 Bachelor's Degrees Awarded
31.4% Women
13.3% Racial-Ethnic Minorities*
There were 566 bachelor’s degrees in economics awarded during the 2019-2020 academic year. Information about those students is shown below.

Male-to-Female Ratio

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%.

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Racial-Ethnic Diversity

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%.

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Race/EthnicityNumber of Students
Asian30
Black or African American7
Hispanic or Latino19
Native American or Alaska Native1
Native Hawaiian or Pacific Islander0
White348
International Students139
Other Races/Ethnicities22

Bachelor’s in Economics Focus Areas at UW - Madison

Economics students may decide to major in one of the following focus areas.

Focus AreaAnnual Graduates
General Economics566

You may also be interested in one of these majors related to economics.

Related MajorAnnual Graduates
Anthropology26
Geography & Cartography41
Political Science & Government363
Sociology97

View All Economics Related Majors >

References

*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.

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