Mathematical Economics Major Guide: Overview and RoEDU™ Opportunities 2025

The Mathematical Economics major builds core foundations in this discipline and prepares students with practical, career-relevant skills. Use RoEDU™ to find programs that match your goals.

Within Mathematics, students often explore key subfields and specializations that provide targeted expertise.

Graduates translate classroom knowledge into real-world impact across sectors through hands-on projects and internships.

As part of Mathematics, this major connects to diverse, high-demand fields and interdisciplinary pathways.

Salary Outlook

Entry-level salary
$119,226

Typical starting pay soon after graduation.

Mid-career salary (10y)
$188,506

Estimated after a decade of experience.

Experienced salary (20y)
$253,337

Seasoned professionals at ~20 years.

Weighted median over last 5 years
CAGR 4.1%

CAGR (compound annual growth rate) summarizes average yearly change across the observed period.

Estimated lifetime earnings

40 years, present value
$4,769,040

Employment-weighted across mapped SOCs; entry ≈ 85% of median; historical CAGR shown for last 5y; projections capped at 3% CAGR; lifetime is 40-year present value at 3% discount.

Career Opportunities & Salaries

Data from Bureau of Labor Statistics (2024) • Median wages, employment, and growth projections

OccupationMedian WageTotal JobsGrowth RateEducation
Mathematical Science Occupations, All Other
SOC: 15-2099
Occupation: Mathematical Science Occupations, All Other
$71,490
4,660
N/A
N/A
Natural Sciences Managers
SOC: 11-9121
Occupation: Natural Sciences Managers
$161,180
100,870
N/A
N/A
Mathematicians
SOC: 15-2021
Occupation: Mathematicians
$121,680
2,220
N/A
N/A
Statisticians
SOC: 15-2041
Occupation: Statisticians
$103,300
29,800
N/A
N/A
Economists
SOC: 19-3011
Occupation: Economists
$115,440
15,880
N/A
N/A
Economics Teachers, Postsecondary
SOC: 25-1063
Occupation: Economics Teachers, Postsecondary
$119,980
12,420
N/A
N/A

Historical Career Trends (2020-2024)

Historical data from Bureau of Labor Statistics (2020-2024) • Salary trends and employment growth over 5 years

Mathematical Science Occupations, All Other

14.5%
5-Year Growth
YearMedian WageEmployment
2024$71,4904,660
2023$70,6204,320
2022$71,7003,840
2021$62,4603,970

Natural Sciences Managers

16.8%
5-Year Growth
YearMedian WageEmployment
2024$161,180100,870
2023$157,74096,520
2022$144,44082,570
2021$137,90074,760
2020$137,94075,870

Mathematicians

9.8%
5-Year Growth
YearMedian WageEmployment
2024$121,6802,220
2023$116,4402,220
2022$112,1102,070
2021$108,1001,770
2020$110,8602,460

Statisticians

12.0%
5-Year Growth
YearMedian WageEmployment
2024$103,30029,800
2023$104,11029,950
2022$98,92030,780
2021$95,57031,370
2020$92,27038,860

Economists

6.5%
5-Year Growth
YearMedian WageEmployment
2024$115,44015,880
2023$115,73016,420
2022$113,94016,370
2021$105,63015,640
2020$108,35017,520

Economics Teachers, Postsecondary

11.9%
5-Year Growth
YearMedian WageEmployment
2024$119,98012,420
2023$115,30012,210
2022$103,93011,640
2021$104,94011,790
2020$107,26013,080

Colleges offering Mathematical Economics

Marquette University

RoEdu™

969

Net Price

$33k

Earnings

$67k

State University of New York at Oswego

RoEdu™

711

Net Price

$17k

Earnings

$47k