Other Economics

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    Total Degrees​
    Awarded in 2024
    250
    declining 6.72%
    Median In-State​
    Public Tuition
    $12,260
    growing 3.6%
    Median Out-of-State​
    Private Tuition
    $50,140
    growing 2.49%
    Average Wage
    $121,427
    growing 2.65%
    People in Workforce
    4.28M
    growing 2.26%
    Average Employee Age
    43.3
    growing 0.0797%

    About

    In 2024, the locations with the highest concentration of Other Economics degree recipients are New York, NY, Danville, KY, and Colorado Springs, CO. In 2024, the locations with a relatively high number of Other Economics degree recipients are Danville, KY, New Wilmington, PA, and Bellingham, WA. The most common degree awarded to students studying Other Economics is a bachelors degree.

    Institutions

    Information about the types of higher education institutions that grant degrees in Other Economics and the types of students that study this field. Centre College awards the most degrees in Other Economics in the US, having also the highest percentage of degrees awarded in Other Economics, followed by Colorado College.

    Tuition costs for Other Economics majors are, on average, $12,260 for in-state public colleges, and $50,140 for out of state private colleges.

    The most common sector, by number of institutions, that offers Other Economics programs are Private not-for-profit, 4-year or above institutions (26 total). The most common sector, by number of degrees awarded, is Private not-for-profit, 4-year or above (189 completions).

    Institutions

    Institution with the Most Degrees Awarded in Other Economics (2024)
    1. 48 degrees awarded
    2. 39 degrees awarded
    3. 37 degrees awarded

    The most common sector, by number of degrees awarded in Other Economics, is Private not-for-profit, 4-year or above (189 completions in 2024).

    The following chart shows the share of universities that offer Other Economics programs, by the total number of completions, colored and grouped by their sector.

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    Tuition Costs for Common Institutions

    $12,260
    Median In-State Public
    $50,140
    Median Out of State Private

    Centre College has the most Other Economics degree recipients, with 48 degrees awarded in 2024.

    The following bar chart shows the state tuition for the top 5 institutions with the most degrees awarded in Other Economics.

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    Specialized Colleges

    Highest Concentration Institution
    1. 14%
    2. 6.09%
    3. 4.67%

    Out of all institutions that offer Other Economics programs and have at least 5 graduates in those programs, Centre College has the highest percentage of degrees awarded in Other Economics, with 14%.

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    Degrees Awarded by County

    Counties with the Most Degrees Awarded in Other Economics
    1. 48 degrees awarded
    2. 48 degrees awarded
    3. 37 degrees awarded

    This map shows the counties in the United States colored by the highest number of degrees awarded in Other Economics by year.

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    Employment

    Information on the businesses and industries that employ Social Sciences graduates and on wages and locations for those in the field.

    The average salary for Social Sciences majors is $121,427 and the most common occupations are Lawyers, & judges, magistrates, & other judicial workers, Other managers, and Chief executives & legislators.

    The industry that employs the most Social Sciences majors is Elementary & secondary schools, though the highest paying industry, by average wage, is Prefabricated wood buildings & mobile homes.

    Yearly Income for Common Jobs

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.
    $121,427
    Average Wage in Workforce
    ± $1,581
    2.65%
    1 Year Growth
    ± 1.81%

    The average salary for Social Sciences majors is $121,427 and the most common occupations are Lawyers, & judges, magistrates, & other judicial workers, Other managers, and Chief executives & legislators.

    This chart shows the average annual salaries of the most common occupations for Social Sciences majors.

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    Highest Paying Locations

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.

    This map shows the public use micro areas (PUMAs) in the United States colored by the average salary of Social Sciences majors.

    Note that the census collects information tied to where people live, not where they work. It is possible that Social Sciences majors live and work in the same place, but it is also possible that they live and work in two different places.

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    Most Common

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.

    The most common occupations for Social Sciences majors, by number of employees, are Lawyers, & judges, magistrates, & other judicial workers, Other managers, and Chief executives & legislators.

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    Most Specialized

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.

    Compared to other majors, there are an unusually high number of Social Sciences majors working as Economists, Lawyers, & judges, magistrates, & other judicial workers, and Judicial law clerks.

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    Highest Paid

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.
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    Occupations by Share

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.
    4.28M
    2024 Workforce
    ± 50,076
    2.26%
    1 Year Growth
    ± 1.63%

    The number of Social Sciences graduates in the workforce has been growing at a rate of 2.26%, from 4.18M in 2023 to 4.28M in 2024.

    The largest single share of Social Sciences graduates go on to work as Lawyers, & judges, magistrates, & other judicial workers (7.92%). This chart shows the various jobs filled by those with a major in Social Sciences by share of the total number of graduates.

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    Most Common

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.
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    Highest Paid

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.
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    Industries by Share

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.
    4.28M
    2024 Workforce
    ± 50,076
    2.26%
    1 Year Growth
    ± 1.63%

    The number of Social Sciences graduates in the workforce has been growing at a rate of 2.26%, from 4.18M in 2023 to 4.28M in 2024.

    The industry which employs the most Social Sciences graduates by share is Elementary & secondary schools, followed by Legal services. This visualization shows the industries that hire those who major in Social Sciences.

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    Specialty Locations

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.

    This map shows the public use micro areas (PUMAs) in the United States where there are a relatively high population of Social Sciences majors.

    Note that the census collects information tied to where people live, not where they work. It is possible that Social Sciences majors live and work in the same place, but it is also possible that they live and work in two different places.

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    Diversity

    Demographic information for those who earn a degree in Social Sciences in the United States.

    The average age of a person in the workforce with a degree in Social Sciences is 43.3.

    The most common degree type these workers hold is a Bachelors Degree. Male employees are more likely to hold Social Sciences degrees, and White students are the most common race/ethnicty group awarded degrees in Social Sciences (131 students).

    Workforce Age

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.
    43.3
    Average Age in 2024
    ± 0.157 Years
    0.0797%
    1 Year Change
    ± 0.517%

    This chart shows distribution of ages for employees with a degree in Social Sciences. The most common ages of employees with this major are 35 and 34 years old, which represent 2.87% and 2.85% of the population, respectively.

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    Degrees Awarded

    The most common degree types awarded to students graduating in Other Economics are Bachelors Degree, Masters Degree, and Postbaccalaureate Certificate.

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    Workforce Degrees

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.

    The most common degree types held by the working population in Social Sciences are Bachelors Degree, Masters Degree, and Professional degree.

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    Sex Imbalance for Common Institutions

    Male (57.6%)
    Most Common Sex with a Degree in this Field

    This chart shows the granted degrees by sex at the 5 institutions that graduate the most students in Other Economics.

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    Race & Ethnicity by Degrees Awarded

    Degrees
    Most Common Race or Ethnicity
    1. White
      131 degrees awarded in 2024
    2. Non-resident Alien
      41 degrees awarded in 2024
    3. Hispanic or Latino
      23 degrees awarded in 2024

    This chart shows the number of degrees awarded in Other Economics for each race & ethnicity.

    In 2024, White students earned the largest share of the degrees with this major.

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    Race & Ethnicity by Sex

    Degrees
    Most Common Race/Ethnicity and Sex Combination
    1. White Male
      71 degrees awarded
    2. White Female
      38 degrees awarded
    3. Hispanic or Latino Male
      10 degrees awarded

    This chart illustrates the differences by sex for each race & ethnicity of Bachelors Degree recipients in Other Economics.

    White Male students, who earn most of the degrees in this field, are the most common combination of race/ethnicity and sex.

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    Global Diversity

    The closest comparable data for the 6 Digit Course Other Economics is from the 2 Digit Course Social Sciences.
    Most Common Countries of Origin
    1. India
      54,310 degree recipients
    2. China
      46,503 degree recipients
    3. Mexico
      40,360 degree recipients
    High Relative Number of Students
    1. Kyrgyzstan
      4 times more than expected
    2. Belgium
      3.89 times more than expected
    3. Denmark
      3.88 times more than expected

    There are a relatively high number of people that were born in Kyrgyzstan that hold Social Sciences degrees (4 times more than expected), and the most common country of origin by total numbers for non-US students earning a degree in this field is India (54,310 degree recipients).

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    Skills

    Data on the critical and distinctive skills necessary for those working in the Other Economics field from the Bureau of Labor Statistics. Other Economics majors need many skills, but most especially Reading Comprehension. The revealed comparative advantage (RCA) shows that Other Economics majors need more than the average amount of Operations Analysis, Mathematics, and Systems Analysis.

    These two visualizations, one a radial chart and one a bar chart, show the same information, a rating of how necessary the following skills are for Other Economics majors. Toggle between "value" and "RCA" to see the absolute rating of that skill (value) and the revealed comparative advantage (RCA), or how much greater or lesser that skill's rating is than the average. The longer the bar or the closer the line comes to the circumference of the circle, the more important that skill is. The importance of Operations Analysis is very distinctive for majors, but the Reading Comprehension, Writing, and Critical Thinking are the three most important skills for people in the field.

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    Bar Chart

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