Social SciencesSpecialization of Economics

Best institutions to study Development Economics and International Development

CIP 45.0604

A program that focuses on the systematic study of the economic development process and its application to the problems of specific countries and regions.

42 U.S. institutions graduated 384 Development Economics and International Development students in 2024–25 (IPEDS). It is CIP 45.0604, a specialization of Economics (CIP 45.06), and leads most directly to the Economists occupation (BLS SOC 19-3011).

Institutions
42
offering CIP 45.0604
States offered
25
with graduates reported
Graduates / yr
384
IPEDS completions 2024–25
Women
65%
share of graduates
US median pay · Economists
$124,720
BLS OEWS May 2025
Share of Economics
0.9%
of all Economics graduates

About Development Economics and International Development programs

Official NCES definition · CIP 45.0604
A program that focuses on the systematic study of the economic development process and its application to the problems of specific countries and regions. Includes instruction in economic development theory, industrialization, land reform, infrastructural development, investment policy, the role of governments and business in development, international development organizations, and the study of social, health, and environmental influences on economic development.

See also: 01.0701 - International Agriculture.

Source: National Center for Education Statistics, Classification of Instructional Programs (CIP 2020).

The Development Economics and International Development program focuses on the systematic study of economic development processes and their application to real-world problems in various countries and regions. This program is designed for students interested in understanding the complexities of economic growth, policy-making, and the roles of governments and organizations in development efforts.

What you'll learn

Students in this program will gain core skills in critical thinking, mathematics, and effective communication. Coursework typically covers economic development theory, investment policy, and the socio-economic impacts of public policies, equipping graduates with the analytical tools needed to address development challenges.

Credentials awarded

What Development Economics and International Development graduates earned in 2024–25, by award level (IPEDS completions).

  • Bachelor's degree213 graduates / yr · 21 institutions
    56%
  • Master's degree144 graduates / yr · 14 institutions
    38%
  • Postbaccalaureate certificate22 graduates / yr · 7 institutions
    5.7%
  • Doctor's degree - research/scholarship5 graduates / yr · 3 institutions
    1.3%

Graduates over time

Development Economics and International Development completions reported to IPEDS each year, all award levels combined.

384graduates in 2025
-42% since 2012
667 · 201720122025660384
Graduates per year (IPEDS completions)
YearGraduates
2012660
2013586
2014630
2015660
2016639
2017667
2018639
2019572
2020538
2021533
2022495
2023463
2024354
2025384

Top 42 institutions for Development Economics and International Development, ranked by graduates

Graduates (IPEDS completions), 2024–25. Award levels show which credentials each institution confers in this specialization.

#InstitutionGraduates / yrGrad rateNet priceField earnings* (1 yr)
1University of California - Los Angeles
Los Angeles, CAPublicBachelor's
10093%—$62,091
2Brandeis University
Waltham, MAPrivate not-for-profitMaster's
4086%$25,074$57,299
3Williams College
Williamstown, MAPrivate not-for-profitMaster's
2894%$10,747$80,888
4Cornell University
Ithaca, NYPrivate not-for-profitBachelor's
2395%$17,613$84,967
5Tulane University of Louisiana
New Orleans, LAPrivate not-for-profitBachelor's
2186%$33,106$46,386
6University of Pittsburgh - Pittsburgh Campus
Pittsburgh, PAPublicMaster'sPost-degree cert.
1785%—$50,529
7University of Vermont
Burlington, VTPublicBachelor'sMaster's
1679%—$38,452
8Ohio University - Main Campus
Athens, OHPublicMaster's
1365%—$46,655
9University of Denver
Denver, COPrivate not-for-profitMaster's
1276%$29,726—
10Purdue University - Main Campus
West Lafayette, INPublicPost-degree cert.
983%—$59,187
11William Jessup University
Rocklin, CAPrivate not-for-profitMaster's
856%$24,242—
12Northeastern University
Boston, MAPrivate not-for-profitBachelor's
891%$18,925$70,531
13Pennsylvania State University - Main Campus
University Park, PAPublicBachelor's
886%—$55,418
14Covenant College
Lookout Mountain, GAPrivate not-for-profitBachelor's
671%$22,535—
15Murray State University
Murray, KYPublicMaster's
661%——
16Gallaudet University
Washington, DCPrivate not-for-profitMaster's
547%$14,382—
17University of Dayton
Dayton, OHPrivate not-for-profitBachelor's
580%$28,560$34,671
18American University
Washington, DCPrivate not-for-profitMaster's
475%$30,225$58,151
19Andrews University
Berrien Springs, MIPrivate not-for-profitMaster's
472%$17,800—
20Cleveland State University
Cleveland, OHPublicBachelor's
451%—$44,759
21University of St Thomas
Houston, TXPrivate not-for-profitBachelor's
469%$19,546—
22Trinity University
San Antonio, TXPrivate not-for-profitBachelor's
484%$20,327$57,482
23Seattle Pacific University
Seattle, WAPrivate not-for-profitBachelor's
462%$24,653$41,502
24Auburn University
Auburn, ALPublicPost-degree cert.
382%——
25Georgia Institute of Technology - Main Campus
Atlanta, GAPublicMaster'sPost-degree cert.
394%——
26Illinois Institute of Technology
Chicago, ILPrivate not-for-profitBachelor's
375%$19,899—
27Regent University
Virginia Beach, VAPrivate not-for-profitMaster's
357%$18,677—
28Virginia Polytechnic Institute and State University
Blacksburg, VAPublicPost-degree cert.
386%—$56,261
29Point Loma Nazarene University
San Diego, CAPrivate not-for-profitBachelor's
277%$48,795—
30Huntington University
Huntington, INPrivate not-for-profitBachelor's
264%$13,056—
31University of St Thomas
Saint Paul, MNPrivate not-for-profitBachelor's
276%$28,888$60,323
32University of Southern Mississippi
Hattiesburg, MSPublicDoctoral
249%——
33New Mexico State University - Main Campus
Las Cruces, NMPublicDoctoral
255%——
34Houghton University
Houghton, NYPrivate not-for-profitBachelor's
265%$20,470—
35Georgetown University
Washington, DCPrivate not-for-profitMaster's
195%$22,242$84,460
36Calvin University
Grand Rapids, MIPrivate not-for-profitBachelor's
174%$22,391$43,746
37The University of Montana
Missoula, MTPublicPost-degree cert.
148%——
38Seton Hall University
South Orange, NJPrivate not-for-profitBachelor's
169%$27,376$51,464
39Messiah University
Mechanicsburg, PAPrivate not-for-profitBachelor's
175%$25,675—
40Brown University
Providence, RIPrivate not-for-profitBachelor's
196%$14,644$72,064
41University of Wisconsin - Madison
Madison, WIPublicDoctoral
190%—$54,495
42Northwest University - Center for Online and Extended Education
Kirkland, WAPrivate not-for-profitPost-degree cert.
150%$26,831—

* Median earnings 1 year after graduation for the broader Economics field (CIP 45.06) at these institutions; College Scorecard does not publish earnings at the 6-digit level.

Offered in 25 states

Where Development Economics and International Development graduates come from. Each state links to all Economics programs offered there.

Careers & outlook

The payoff after graduation: occupation 19-3011, Economists, and its national outlook.

Graduates can pursue careers as economists, social science research assistants, and postsecondary economics teachers. The job outlook for this field shows little to no change, with about 900 annual openings and a median wage of $115,440, typically requiring a master's degree for advancement.

Projected growth (2024–2034)
+1.2%
Little or no change
Openings / yr (US)
~900
BLS Employment Projections
US median wage
$115,440
typically Master's degree
National employment
17,790
Economists
US average pay
$142,130
annual, BLS OEWS May 2025
US median pay
$124,720
annual

Top-paying metros

New York-Newark-Jersey City, NY-NJ
$184,860avg
Washington-Arlington-Alexandria, DC-VA-MD-WV
$166,140avg
Durham-Chapel Hill, NC
$159,310avg
St. Louis, MO-IL
$156,690avg
Los Angeles-Long Beach-Anaheim, CA
$155,860avg

Career pathways for CIP 45.0604

The occupations the NCES crosswalk maps this 6-digit code to, with BLS pay and 10-year outlook.

OccupationUS median payGrowthOpenings / yrTypical entry education
Economistsprimary
SOC 19-3011
$124,720+1.2%
Little or no change
~900Master's degree
Managers, All Other
SOC 11-9199
$141,900+4.5%
About as fast as average
~106,700Bachelor's degree
Social Science Research Assistants
SOC 19-4061
$61,990+4.4%
About as fast as average
~5,200Bachelor's degree
Economics Teachers, Postsecondary
SOC 25-1063
$123,920+2.1%
About as fast as average
~1,200Doctoral or professional degree
Preparation needed

Job Zone Five: Extensive Preparation Needed

Education
Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).
Experience
Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.
Training
Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

Related careers

Social Science Research Assistants
$66,140 avg · 30,640 jobs
Economists
$142,130 avg · 17,790 jobs
Economics Teachers, Postsecondary
$138,850 avg · 11,560 jobs

Skills & knowledge in Development Economics and International Development programs

From the U.S. Dept. of Labor for the occupation this specialization most leads to.

Skills you'll build

Critical Thinking
Mathematics
Reading Comprehension
Speaking
Active Listening
Writing
Active Learning
Monitoring

Knowledge areas

Mathematics
Economics and Accounting
English Language
Computers and Electronics
Education and Training
Communications and Media

Abilities that matter most

Mathematical Reasoning
Inductive Reasoning
Written Comprehension
Deductive Reasoning
Oral Expression
Written Expression

Day-to-day work activities

Analyzing Data or Information
Working with Computers
Getting Information
Processing Information
Interpreting the Meaning of Information for Others
Updating and Using Relevant Knowledge

What graduates do on the job

  • Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
  • Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
  • Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
  • Explain economic impact of policies to the public.
  • Review documents written by others.
  • Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.

Tools and technology used

Aptech Systems GAUSSC++Camfit Data Limited MicrofitCorel QuattroProCorel WordPerfect Office SuiteEconometric Software LIMDEPESRI ArcViewEstima Regression Analysis of Time Series RATS

Other Economics specializations

The 5 other 6-digit CIP codes under Economics (CIP 45.06).

Common questions

What degrees can I earn in this program?+

You can earn a Bachelor's degree, Master's degree, Postbaccalaureate certificate, or a Doctor's degree.

What skills will I develop?+

You will develop skills in critical thinking, mathematics, reading comprehension, and effective communication.

What careers can I pursue with this degree?+

You can work as an economist, manager, social science research assistant, or economics teacher.

What is the job outlook for this field?+

The job outlook shows little or no change, with about 900 annual openings.

What is the CIP code for Development Economics and International Development?+

Development Economics and International Development is CIP 45.0604 in the NCES Classification of Instructional Programs (CIP 2020), a 6-digit specialization within Economics (CIP 45.06). NCES defines it as: A program that focuses on the systematic study of the economic development process and its application to the problems of specific countries and regions. Includes instruction in economic development theory, industrialization, land reform, infrastructural development, investment policy, the role of governments and business in development, international development organizations, and the study of social, health, and environmental influences on economic development.

How many institutions offer Development Economics and International Development programs?+

42 U.S. institutions reported Development Economics and International Development graduates in IPEDS 2024–25, across 25 states, awarding 384 credentials in the year. That is 0.9% of all Economics graduates.

How much do Development Economics and International Development graduates earn?+

Earnings are not published at the 6-digit CIP level by any federal source. The Economists occupation, which Development Economics and International Development most directly leads to, pays a median of $124,720 a year nationally (BLS OEWS May 2025), and graduates of the broader Economics field report median earnings of $56,261 one year after graduation (College Scorecard).

About the data on this page

Every figure comes from an official federal or public source. Here is each one and the release it is currently on.

IPEDSFall 2025–26 release, published July 28, 2026
Enrollment, completions, graduation rates, tuition, financial aid, staffing, and finance for every U.S. institution in federal student aid programs.
College ScorecardJune 10, 2026 release (merged 2025–26 files)
Institution and field-of-study costs, graduate earnings, debt, completion, and admissions outcomes compiled from federal aid records, tax data, and IPEDS.
BLS wages & outlookOEWS May 2025 release
Occupational employment and wage estimates plus 10-year job outlook, used to connect programs to real-world earnings.

Program definitions are from the NCES Classification of Instructional Programs (CIP 2020). Skills, knowledge, abilities, work activities, tools, and job zones are from the O*NET database by the U.S. Department of Labor, used under the CC BY 4.0 license.

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