The University of Southern California (USC or SC) is a private research university located in Los Angeles, California. Founded in 1880, it is the oldest private research university in California. USC has historically educated a large number of the region's business leaders and professionals. In recent decades, the university has also leveraged its location in Los Angeles to establish relationships with research and cultural institutions throughout Asia and the Pacific Rim. An engine for economic activity, USC contributes $8 billion annually to the economy of the Los Angeles metropolitan area and California. 

For the 2014–15 academic year, there were 18,740 students enrolled in four-year undergraduate programs. USC also has 23,729 graduate and professional students in a number of different programs, including business, law, engineering, social work, and medicine. The university is one of the top fundraising institutions in the world, consistently ranking among the top 3 in external contributions and alumni giving rates. Multiple academic rankings list the University of Southern California as being among the top 25 universities in the United States. With an acceptance rate of 16 percent, USC is also among the most selective academic institutions in the nation. 

USC maintains a strong tradition of innovation and entrepreneurship, with alumni having founded companies such as Lucasfilm, Myspace, Salesforce.com, Intuit, Qualcomm, Box, Tinder, and Riot Games. As of 2014, the university has produced the fourth largest number of billionaire alumni out of all undergraduate institutions in the world.
how much does it contribute to the economy?
 $8 billion