How well paid are economics majors? Payscale.com survey has some answers

As recently reported by Joe Light (Engineering, Computer-Science Pay More Than Liberal Arts, Wall Street Journal, October 25, 2010),
Payscale.com has just come out with its 2010-11 College Salary report. The following chart is from the Degrees That Pay You Back tab.

Best Undergrad College Degrees By Salary

Methodology Annual pay for Bachelors graduates without higher degrees. Typical starting graduates have 2 years of experience; mid-career have 15 years. See full methodology for more.

Wow! Econ grads made the top ten!

And what sort of jobs do econ majors do? Check out the Popular Jobs By Major tab, which has the following chart:

Popular Jobs for Economics Degree

Methodology Jobs ranked by popularity among graduates. Annual pay for Bachelors graduates without higher degrees from all colleges. See full methodology for more.

Still not sure what major to choose?

How well paid are econ majors? NACE fall 2010 survey results

The National Association of Colleges and Employers (NACE) has recently published its Fall 2010 Salary Survey report on starting salary offers to new college graduates, in this case the Class of 2010 bachelor’s degree graduates. The full report is available only to paying members of NACE. But some of the report's findings -- summarized below -- are available at this web site of the Worcester Polytechnic Institute.

disciplines	average starting salary offer ($)
computer science	60,473
computer engineering	60,396
chemical engineering	60,396
electrical/electronics engineering	59,512
aerospace engineering	58,208
mechanical engineering	58,110
industrial/manufacturing engineering	57,396
bioengineering and biomedical engineering	53,416
information sciences and systems	52,530
economics	51,698
civil engineering	51,321
management information systems	48,932
mathematics (including statistics)	48,499
business administration/management	43,991
marketing	41,670
chemistry	39,404
history	38,731
psychology	32,260

As in the fall 2009 report, engineering grads lead the pack. And econ majors are doing pretty well, thanks.