2023 Best Economics Schools in Michigan
Finding the Best Economics School for You
Economics is one of the most popular subjects to study in Michigan. With 1,493 degrees and certificates handed out in <nil>, it ranked 5th out of all the majors we track in the state.
There are lots of options to pick from today when trying to decide which business program is right for you. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Or you may find the programs at a trade school to be a better alternative for you.
To help you arm yourself with the information you need to make your decision, Business Degree Central has developed this Best Economics Schools in Michigan ranking. Our analysis looked at 13 schools in Michigan to see which programs offered the best educational experiences for business students.
View our full ranking methodology.
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2023 Best Economics Schools in Michigan
Check out the economics programs at these schools if you want to get the best education that money can buy.
Top 10 Best Economics Schools
Our analysis found University of Michigan - Ann Arbor to be the best school for economics students who want to pursue a degree in Michigan. Located in the city of Ann Arbor, U-M is a public school with a fairly large student population.
The average amount in student loans that economics majors at U-M take out is $18,750. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $853.
Read full report on Economics at University of Michigan - Ann Arbor
A rank of #2 on this year’s list means Michigan State University is a great place for economics students. Michigan State is a fairly large public school located in the city of East Lansing.
While working on their degree, economics majors at Michigan State accumulate an average of around $22,231 in student debt. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $393.
The excellent programs at Hope College helped the school earn the #3 place on this year’s ranking of the best economics schools in Michigan. Hope is a small private not-for-profit school located in the city of Holland.
You’ll be in good company if you decide to attend Albion College. It ranked #4 on our 2023 Best Economics Schools in Michigan list. Located in the fringe town of Albion, Albion is a private not-for-profit college with a small student population.
The average amount in student loans that economics majors at Albion take out is $26,849.
A rank of #5 on this year’s list means Grand Valley State University is a great place for economics students. Located in the large suburb of Allendale, GVSU is a public college with a fairly large student population.
The average amount in student loans that economics majors at GVSU take out is $24,904.
With a ranking of #6, Western Michigan University did quite well on this year’s best schools for economics students. WMU is a fairly large public school located in the small city of Kalamazoo.
With a ranking of #7, Central Michigan University did quite well on this year’s best schools for economics students. Central Michigan is a fairly large public school located in the town of Mount Pleasant.
Economics majors at Central Michigan take out an average of $27,000 in student loans while working on their egree.
Read full report on Economics at Central Michigan University
With a ranking of #8, Eastern Michigan University did quite well on this year’s best schools for economics students. Eastern Michigan is a large public school located in the suburb of Ypsilanti.
The average amount in student loans that economics majors at Eastern Michigan take out is $19,205.
With a ranking of #9, Oakland University did quite well on this year’s best schools for economics students. Located in the large suburb of Rochester Hills, Oakland is a public college with a large student population.
Kalamazoo College came in at #10 in this year’s edition of the Best Economics Schools in Michigan ranking. Located in the city of Kalamazoo, K College is a private not-for-profit college with a small student population.
After completing their degree, economics graduates from K College carry an average student debtload of $27,000.
Best Economics Colleges in the Great Lakes Region
Explore all the Best Economics Schools in the Great Lakes Area or other specific states within that region.
| State | Degrees Awarded |
|---|---|
| Ohio | 1,134 |
| Illinois | 2,131 |
| Indiana | 880 |
| Wisconsin | 1,225 |
Economics Related Rankings by Major
Economics Concentrations
| Major | Annual Graduates |
|---|---|
| General Economics | 25,066 |
| Econometrics & Quantitative Economics | 21,078 |
| Applied Economics | 550 |
| Development Economics & International Development | 535 |
| International Economics | 305 |
| Other Economics | 275 |
Notes and References
*These averages are for the top 13 schools only.
- Read more about our ranking methodology.
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Credit for the banner image above goes to pixabay.
More about our data sources and methodologies.
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