Majors / Economics
The quick read · 8 cards

Economics in 90 seconds — before you read the full brief.

Major · Public1/8
High-demand · bachelor's

Economics

The quant liberal-arts degree that Wall Street actually hires.

The number2/8
$166,030

Entry median is $82,260. The ramp is the point.

BLS OEWS May 2024 · 75th percentile
The outlook3/8
+1.2%

vs. +4% for the average U.S. job. That's As fast as average.

BLS Employment Projections 2024–34
Anchor career4/8

Data Scientists

You build models, clean data, and answer business questions with Python and SQL.

Median income$125k
Jobs233k
10-year growth+34%
Fast-growing5/8

Social Science Research Assistants

You collect data, run tests, and help draft research — entry academic or think-tank work.

Median income$58k
Jobs33k
10-year growth+4%
Niche + paid6/8

Economics Teachers, Postsecondary

You teach econ at a college — undergrad, grad, research, advising.

Median income$120k
Jobs12k
10-year growth+2%
Compare7/8

Duke University vs. Harvard University

Two good picks. Different bets.

Duke
5-yr pay$172k
admit6%
tuition$30k
vs
Harv
5-yr pay$161k
admit4%
tuition$19k
Your turn8/8

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1 / 8
§ I · At a glance

Economics is the major that signals "this person can think and count." Finance, consulting, and tech hire econ grads aggressively — often for the same roles they give to finance or CS majors — because the quant + writing combination is rare. The "Economist" title ($115k) requires a master's or PhD; the bachelor's is a gateway to analytics, finance, policy, and research-assistant roles. Pair it with stats or coding to compete with CS for analyst jobs.

Top-25% pay$166k
Research asst $58k. Market $77k. Econ $115k. Data sci $125k.
10-yr outlook+1.2%
Data sci +33%. Stats +9%. Market +7%. Economist +1%.
U.S. colleges795+
1,000+ programs — BA vs. BS matters (BS is more math-heavy).
Career paths9
9 SOC roles — economist, data sci, market research, teaching, policy.
§ II · Real talk

What we'd tell a younger sibling.

The good

Econ from a target school opens Wall Street doors — analyst roles at Goldman, JPM, Bridgewater, Citadel pay $100k+ straight out of undergrad. Consulting recruits heavily. Tech companies increasingly hire econ grads for data science and product analytics. The analytical training is durable and respected across industries.

The catch

The "Economist" BLS title requires a PhD — 5–7 years of grad school. A bachelor's alone gets you into research-assistant, policy-analyst, and business-analyst roles at $55–80k. Rigor varies massively by school — a BA in econ at a mid-tier school can be indistinguishable from a general business degree in the job market.

The money path

Top-target econ → IB/consulting ($110–150k starting, +bonus) is the highest-pay undergrad outcome outside of CS. Data science is the fastest-growing lane (+33%). Academic/policy path requires PhD and pays $115k median with much lower variance. Pair econ with stats or CS to unlock the quant-heavy high-paying lanes.

The AI part

AI is eating the bottom of the analyst pyramid — data pulls, standard reports, basic memos. What survives: causal inference, policy evaluation, experiment design, economic modeling at the PhD level — and increasingly, building AI systems that understand human preferences (tech companies hire PhDs for this). Good econ training still pays.

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Majors / Economics
Major · Public1/8
High-demand · bachelor's

Economics

The quant liberal-arts degree that Wall Street actually hires.

The number2/8
$166,030

Entry median is $82,260. The ramp is the point.

BLS OEWS May 2024 · 75th percentile
The outlook3/8
+1.2%

vs. +4% for the average U.S. job. That's As fast as average.

BLS Employment Projections 2024–34
Anchor career4/8

Data Scientists

You build models, clean data, and answer business questions with Python and SQL.

Median income$125k
Jobs233k
10-year growth+34%
Fast-growing5/8

Social Science Research Assistants

You collect data, run tests, and help draft research — entry academic or think-tank work.

Median income$58k
Jobs33k
10-year growth+4%
Niche + paid6/8

Economics Teachers, Postsecondary

You teach econ at a college — undergrad, grad, research, advising.

Median income$120k
Jobs12k
10-year growth+2%
Compare7/8

Duke University vs. Harvard University

Two good picks. Different bets.

Duke
5-yr pay$172k
admit6%
tuition$30k
vs
Harv
5-yr pay$161k
admit4%
tuition$19k
Your turn8/8

Save it. Sign in and we'll hold your list across visits and devices.

You can compare up to 3 colleges. You can export a one-page PDF for a parent. That's all it does.

1 / 8
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