ECONOMICS  College of Business and Public Administration
 Drake University, Des Moines, Iowa 50311

Earnings of Economics Majors

Source: Daniel Hecker, "Earnings and Major Field of Study of College Graduates," Occupational Outlook Quarterly, Vol. 40, No. 2 (Summer 1996), table 1, p. 19. Additional data are given in same author's "Earnings of College Graduates," Monthly Labor Review, Vol. 118, No. 12 (December 1995), pp. 3-17. Hecker is an economist at the U.S. Bureau of Labor Statistics.

Median earnings of female college graduates (all ages) with bachelor's degree only, by major field of study, 1993
Major fieldEarningsMajor fieldEarnings
Average, all fields $31,848 Accounting $37,702
Agriculture $28,178 Architecture and environmental design $35,718
Audiology and speech pathology $29,494 Biology and life sciences $33,107
Business, except accounting $33,373 Chemistry $35,803
Communications $31,699 Computer and information sciences $41,559
Criminal justice and protective service $30,146 Economics $39,684
Education, incl. physical education $28,696 Engineering $46,389
Engineering-related technology $39,494 English language and literature $30,483
Foreign language and linguistics $32,112 Geology $36,790
Health and medical technologies $35,321 History $30,144
Home economics $27,496Liberal arts and general studies $33,383
Mathematics $36,256 Nursing $40,096
Pharmacy $47,567 Physical therapy and related services $40,491
Physics n.a. Political science and government $31,538
Psychology $31,393 Social work $27,619
Sociology $30,115 Theology, philosophy, and religion $28,375
Visual and performing arts $29,250 Other fields $32,176
Note: n.a. = not available.


Median earnings of male college graduates (all ages) with bachelor's degree only, by major field of study, 1993
Major fieldEarningsMajor fieldEarnings
Average, all fields$43,856 Accounting $49,632
Agriculture $37,292 Architecture and environmental design $42,657
Audiology and speech pathology n.a. Biology and life sciences $40,675
Business, except accounting $44,672 Chemistry $49,615
Communications $38,131 Computer and information sciences $47,303
Criminal justice and protective service $38,818 Economics$50,360
Education, incl. physical education $35,216 Engineering $52,998
Engineering-related technology $45,286 English language and literature $39,385
Foreign language and linguistics $32,346 Geology $41,925
Health and medical technologies $36,086 History $39,052
Home economics n.a. Liberal arts and general studies $39,249
Mathematics $52,316 Nursing $44,022
Pharmacy $50,805 Physical therapy and related services $49,730
Physics $51,819 Political science and government $43,311
Psychology $41,986 Social work $31,507
Sociology $39,574 Theology, philosophy, and religion $29,966
Visual and performing arts $33,571 Other fields $38,408
Note: n.a. = not available.

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