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$46K

$82.1K

$122.5K

How much do major in economics jobs pay per year?

As of Aug 29, 2026, the average yearly pay for major in economics in the United States is $82,064.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,000.00 and $98,500.00 per year, depending on experience, location, and employer.

What can you do with a major in economics?

A major in Economics opens up a wide range of career opportunities in various fields such as finance, consulting, government, policy analysis, research, and business. Economics graduates often work as analysts, consultants, economists, data scientists, or in banking and investment roles. The degree provides strong analytical, quantitative, and critical thinking skills that are highly valued by employers. Additionally, an Economics major is a solid foundation for graduate studies in law, business, public policy, or economics itself.

What are the key skills and qualifications needed to thrive as an economist?

To thrive as an Economist, you need a strong background in economic theory, quantitative analysis, and statistical methods, usually supported by at least a bachelor's or master's degree in economics or a related field. Proficiency with data analysis tools such as Stata, R, SAS, or Excel, and familiarity with economic modeling software, is typically required. Strong analytical thinking, clear communication, and problem-solving skills help economists translate complex data into actionable insights. These skills are essential for delivering accurate forecasts, informing policy, and supporting sound business or governmental decision-making.

What types of projects or tasks can an economics major expect to work on in an entry-level analyst role?

As an entry-level analyst with an Economics background, you can expect to work on projects such as data analysis, economic forecasting, market research, and policy evaluation. Your daily responsibilities may include collecting and interpreting data, preparing reports, creating presentations, and collaborating with teams in finance, consulting, or government sectors. These tasks help develop strong analytical and communication skills, and you’ll often work closely with senior analysts and managers, giving you exposure to diverse perspectives and opportunities for professional growth.

What is the difference between Major In Economics vs Data Analyst?

AspectMajor In EconomicsData Analyst
Required CredentialsDegree in Economics, possibly with statistics or mathematics coursesDegree in Statistics, Mathematics, Economics, or related field; often requires proficiency in data tools
Work EnvironmentAcademic, research, government, or corporate settings analyzing economic dataBusiness, finance, healthcare, or tech industries analyzing large datasets for insights
Employer & Industry UsageUniversities, government agencies, economic research firmsCorporations, consulting firms, financial institutions, tech companies

While both roles involve data analysis, a Major In Economics focuses on understanding economic theories and models, often in research or policy contexts. A Data Analyst applies statistical and technical skills to interpret data across various industries. The two fields overlap in data skills but differ in focus and application.

What jobs do most majors in economics get?

Economics majors often pursue careers as financial analysts, economic consultants, data analysts, policy analysts, and management consultants. These roles typically require strong analytical, quantitative, and communication skills, and may involve working in finance, government, consulting firms, or research organizations.
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Major In Economics jobs near you
Infographic showing various Major In Economics job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 12% Part Time, and 4% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $82,064 per year, or $39.5 per hour.

Economist

EEOC Careers | U.S. Equal Employment Opportunity Commission

Cincinnati, OH • On-site

$90K/yr

Full-time

Posted 11 days ago

Job description

As an Economist at the GS-0110-13, you will be part of the Expert Analysis Division, Office of General Counsel, U.S. Equal Employment Opportunity Commission. If selected, you will be responsible for serving as an authority in economics and provide expert opinions, guidance, and direction to management, trial attorneys, and others in the analysis of employment discrimination cases.
The selectee will be required to have a duty station at Headquarters or one of the 53 EEOC Field Offices.Qualifications:BASIC REQUIREMENT:
Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
OR
Combination of education and experience: courses equivalent to a major in economics, as shown above, plus appropriate experience or additional education.
Transcripts are required and must be submitted at the time of application. A PhD Degree in Economics (with specialization in Labor Economics or a related Microeconomics area) is preferred for this position.

In addition to the basic requirement applicants must also possess:

For the GS-13: You must have one (1) year of specialized experience equivalent to the GS-12 level in the federal service. Specialized experience includes demonstrated professional experience applying methods and principles of economics and to research projects and programs; developing, analyzing, and presenting statistical information, recognizing and adopting new techniques to fit the needs of research projects and preparing comprehensive reports; conducting microeconomic analyses of administrative data to analyze outcomes related to employment (or other similar areas of microeconomics such as health or education) and having produced written and oral products based on such microeconomic analyses. Applicants must meet all eligibility requirements (e.g., time-in-grade and qualification requirements) within 30 days of the closing date specified in the vacancy announcement.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.Education:This position has a basic education requirement listed under the Qualifications section of this announcement.Employment Type: OTHER

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