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Applied Economics

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#1 #1 Best College for Applied Economics in the U.S. University of Michigan-Ann Arbor Ann Arbor, MI At the University of Michigan-Ann Arbor, the three most popular college majors students pursue are Computer and Information Sciences, General, Business Administration and Management, General, Economics, and General....view more Acceptance Rate 18% Annual Degrees Awarded 51 SAT Score 1,370–1,530 Est. Net Price * $19,005 Median Starting Salary $57,003
#2 #2 Best College for Applied Economics in the U.S. Georgetown University Washington, DC At Georgetown University, the most popular majors students study are International Relations and Affairs, Finance, General, Political Science and Government, and General. In fact, Georgetown University grants 283 degrees annually to International Relations and Affairs majors....view more Acceptance Rate 13% Annual Degrees Awarded 16 SAT Score 1,410–1,540 Est. Net Price * $37,967 Median Starting Salary $58,146
#3 #3 Best College for Applied Economics in the U.S. Florida State University Tallahassee, FL At Florida State University, the three most popular college majors students study are Psychology, General, Finance, General, Marketing/Marketing Management, and General. In fact, Florida State University grants 767 degrees annually to Psychology, General majors....view more Acceptance Rate 25% Annual Degrees Awarded 18 SAT Score 1,260–1,400 Est. Net Price * $14,903 Median Starting Salary $55,691
#4 #4 Best College for Applied Economics in the U.S. University of Houston Houston, TX Each year, the University of Houston awards about 693 degrees to those studying Psychology, General, the institution’s most popular major. Other popular majors include Finance, General, Computer and Information Sciences, General, Biology/Biological Sciences, and General....view more Acceptance Rate 70% Annual Degrees Awarded 19 SAT Score 1,150–1,330 Est. Net Price * $13,738 Median Starting Salary $54,497
#5 #5 Best College for Applied Economics in the U.S. Marquette University Milwaukee, WI Annually, Marquette University grants about 161 degrees to those studying Biomedical Sciences, General, the institution’s most popular major. Other popular majors include Registered Nursing/Registered Nurse, Finance, General, Psychology, and General....view more Acceptance Rate 87% Annual Degrees Awarded 10 SAT Score 1,230–1,390 Est. Net Price * $32,031 Median Starting Salary $63,858
#6 #6 Best College for Applied Economics in the U.S. University of California-Los Angeles Los Angeles, CA At the University of California-Los Angeles, the most popular majors students study are Econometrics and Quantitative Economics, Psychology, General, and Sociology....view more Acceptance Rate 9% Annual Degrees Awarded 1 SAT Score 1,320–1,540 Est. Net Price * $15,166 Median Starting Salary $51,926
#7 #7 Best College for Applied Economics in the U.S. Southern Methodist University Dallas, TX At Southern Methodist University, the three most popular college majors students pursue are Finance, General, Economics, General, Psychology, and General. In fact, Southern Methodist University awards 325 degrees annually to graduating Finance, General students....view more Acceptance Rate 61% Annual Degrees Awarded 4 SAT Score 1,350–1,490 Est. Net Price * $45,792 Median Starting Salary $57,914
#8 #8 Best College for Applied Economics in the U.S. University of Rhode Island Kingston, RI Each year, the University of Rhode Island awards around 292 degrees to those studying Registered Nursing/Registered Nurse, the institution’s most popular major. Other often-pursued majors include Psychology, General, Speech Communication and Rhetoric, Biology/Biological Sciences, and General....view more Acceptance Rate 77% Annual Degrees Awarded 5 SAT Score 1,050–1,290 Est. Net Price * $20,964 Median Starting Salary $63,532
#9 #9 Best College for Applied Economics in the U.S. University at Buffalo Buffalo, NY Each year, the University at Buffalo awards around 693 degrees to those studying Business Administration and Management, General, the institution’s most popular major. Other popular majors include Psychology, General, Speech Communication and Rhetoric, and Computer Science....view more Acceptance Rate 69% Annual Degrees Awarded 1 SAT Score 1,220–1,390 Est. Net Price * $20,511 Median Starting Salary $55,885
#10 #10 Best College for Applied Economics in the U.S. Michigan Technological University Houghton, MI Each year, Michigan Technological University grants about 274 degrees to those studying Mechanical Engineering, the school’s most popular major. Other often-pursued majors include Chemical Engineering, Electrical and Electronics Engineering, and Computer Science....view more Acceptance Rate 88% Annual Degrees Awarded 1 SAT Score 1,150–1,350 Est. Net Price * $17,928 Median Starting Salary $58,208
*The estimated net prices above are College Raptor’s estimate. Please contact the college financial aid office for actual net cost figures.

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Institution	Scaled Score	Acceptance Rate	Annual Degrees Awarded	SAT Score	Est. Net Price *	Median Starting Salary
University of Michigan-Ann Arbor Ann Arbor, MI At the University of Michigan-Ann Arbor, the three most popular college...view more	83	18%	51	1,370 - 1,530	$19,005	$57,003
Georgetown University Washington, DC At Georgetown University, the most popular majors students study are...view more	74	13%	16	1,410 - 1,540	$37,967	$58,146
Florida State University Tallahassee, FL At Florida State University, the three most popular college majors students...view more	70	25%	18	1,260 - 1,400	$14,903	$55,691
University of Houston Houston, TX Each year, the University of Houston awards about 693 degrees to those...view more	64	70%	19	1,150 - 1,330	$13,738	$54,497
Marquette University Milwaukee, WI Annually, Marquette University grants about 161 degrees to those studying...view more	59	87%	10	1,230 - 1,390	$32,031	$63,858
University of California-Los Angeles Los Angeles, CA At the University of California-Los Angeles, the most popular majors students...view more	48	9%	1	1,320 - 1,540	$15,166	$51,926
Southern Methodist University Dallas, TX At Southern Methodist University, the three most popular college majors...view more	47	61%	4	1,350 - 1,490	$45,792	$57,914
University of Rhode Island Kingston, RI Each year, the University of Rhode Island awards around 292 degrees to those...view more	43	77%	5	1,050 - 1,290	$20,964	$63,532
University at Buffalo Buffalo, NY Each year, the University at Buffalo awards around 693 degrees to those...view more	40	69%	1	1,220 - 1,390	$20,511	$55,885
Michigan Technological University Houghton, MI Each year, Michigan Technological University grants about 274 degrees to...view more	36	88%	1	1,150 - 1,350	$17,928	$58,208

*The estimated net prices above are College Raptor’s estimate. Please contact the college financial aid office for actual net cost figures.

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About Applied Economics

A program that focuses on the application of economic principles and analytical techniques to the study of particular industries, activities, or the exploitation of particular resources. Includes instruction in economic theory; microeconomic analysis and modeling of specific industries, commodities; the economic consequences of resource allocation decisions; regulatory and consumer factors; and the technical aspects of specific subjects as they relate to economic analysis.

Students studying Applied Economics can be awarded a degree up to a Masters degree. On average, 62% percent of men and 38% percent of women make up the degrees awarded across all college campuses. Applied Economics is most common in Michigan. The Median Starting Salary for an undergraduate degree in Applied Economics is $53,900.

Popularity of Applied Economics Degrees in the U.S.

This heat map represents the states that have the highest percent of Applied Economics degrees compared to all other degrees awarded in that state.

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Careers

Majoring in Applied Economics, your experience could lead you towards different careers. Applied Economics majors go on to pursue jobs including Market Research Analysts and Marketing Specialists and Managers, All Other which are in high demand. Some of the jobs with the highest salary for Applied Economics majors include Managers, All Other, Economists and Economics Teachers, Postsecondary.

Top Paying Careers

These are the highest paying careers for Applied Economics majors.

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Career	Median Salary	Average Annual Job Openings	Employment 2022	Employment 2032	% Change
Managers, All Other Regulatory Affairs Managers Compliance Managers Loss Prevention Managers Wind Energy Operations Managers Wind Energy Development Managers Brownfield Redevelopment Specialists and Site Managers	$133,560	17,464	227,235	234,839	3%
Economists Environmental Economists	$115,730	549	8,060	8,564	6%
Economics Teachers, Postsecondary	$115,300	368	4,543	4,727	4%
Market Research Analysts and Marketing Specialists Search Marketing Strategists	$74,680	20,339	186,749	211,818	13%
Survey Researchers	$60,960	273	3,432	3,276	-5%
Social Science Research Assistants	$56,400	510	3,990	4,176	5%

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Most In-Demand Careers

These are the careers in highest demand for Applied Economics majors.

Student Demographics

Total Students

138

Female Students

53 (38%)

Male Students

85 (61%)

U.S. Nonresident (69, 50%)

White (41, 30%)

Hispanic or Latino (13, 9%)

Asian (8, 6%)

Black or African American (3, 2%)

Two or more races (2, 1%)

American Indian or Alaska Native (1, 1%)

Race/ethnicity unknown (1, 1%)

Native Hawaiian or Other Pacific Islander (0, <1%)

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Applied Economics

#1 Best College for Applied Economics in the U.S.

18%

51

1,370–1,530

$19,005

$57,003

#2 Best College for Applied Economics in the U.S.

13%

16

1,410–1,540

$37,967

$58,146

#3 Best College for Applied Economics in the U.S.

25%

18

1,260–1,400

$14,903

$55,691

#4 Best College for Applied Economics in the U.S.

70%

19

1,150–1,330

$13,738

$54,497

#5 Best College for Applied Economics in the U.S.

87%

10

1,230–1,390

$32,031

$63,858

#6 Best College for Applied Economics in the U.S.

9%

1

1,320–1,540

$15,166

$51,926

#7 Best College for Applied Economics in the U.S.

61%

4

1,350–1,490

$45,792

$57,914

#8 Best College for Applied Economics in the U.S.

77%

5

1,050–1,290

$20,964

$63,532

#9 Best College for Applied Economics in the U.S.

69%

1

1,220–1,390

$20,511

$55,885

#10 Best College for Applied Economics in the U.S.

88%

1

1,150–1,350

$17,928

$58,208

About Applied Economics

Careers

Top Paying Careers

Most In-Demand Careers

Student Demographics

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