Using Your Degree
One of the most common questions asked of us by undergraduates is "what can I do with an undergraduate degree in economics?". Or students sometimes say "I would love to major in economics, but I am not certain it provides the best training for employment". Well, it turns out that a bachelor’s degree in economics is one of the most valuable undergraduate degrees available. Yes, an economics major can be demanding, but the potential rewards substantial. The following article supports this claim by presenting both the opportunities available to majors in economics and the salaries received by economics majors relative to other majors. For those of you considering furthering your education outside of economics, such as in law or even medicine, the evidence is just as strong supporting the value of an undergraduate economics major. The Department encourages you to consider the evidence – we are confident you will become a believer in the value of an econ degree. To entice you to read further, click on either of the two tables comparing mid-career salaries of econ majors vs. other social science and business majors. Yes, you are reading the tables correctly – the average mid-career salary of an economics major is higher than any other social science or business major.
Finally, consider the statements of recent graduates, Hiram Rios (2015), Anthony Ruiz (2013), David Doing (2013), Tyler Orr (2011), and Joshua Pillock (2008). Their stories not only personalize the value of an economics degree, but also demonstrate the versatility of an economics major.