2023 Best Economics Schools
Finding the Best Economics School for You
In <nil>, 47,809 economics students received their degrees and certificates, making the major the #6 most popular in the country.
When it comes to higher education, there are a lot of options for business students. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school that prepares you to enter the workforce with knowledge in a specific field.
To assist you in seeing some of the education options that are available to you, Business Degree Central has created its Best Economics Schools ranking. This report analyzed 551 schools in the United States to see which ones offered the best programs for business students.
View our full ranking methodology.
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2023 Best Economics Schools in the United States
The colleges and universities below are the best for economics majors pursuing a .
Top 25 Top Schools in Economics
Our 2023 rankings named Claremont McKenna College the best school in the United States for economics students. Claremont McKenna is a small private not-for-profit school located in the suburb of Claremont.
On average, economics graduates from Claremont McKenna take out $12,000 in student loans while working on their degree.
A rank of #2 on this year’s list means Williams College is a great place for economics students. Williams is a small private not-for-profit school located in the town of Williamstown.
The average amount in student loans that economics majors at Williams take out is $12,925.
You’ll be in good company if you decide to attend Duke University. It ranked #3 on our 2023 Best Economics Schools list. Located in the city of Durham, Duke is a private not-for-profit school with a fairly large student population.
Economics majors at Duke take out an average of $13,187 in student loans while working on their egree.
You’ll be in good company if you decide to attend Rice University. It ranked #4 on our 2023 Best Economics Schools list. Located in the city of Houston, Rice is a private not-for-profit school with a medium-sized student population.
The average amount in student loans that economics majors at Rice take out is $11,644.
You’ll join some of the best and brightest minds around you if you attend Dartmouth College. The school came in at #5 on this year’s Best Economics Schools list. Located in the town of Hanover, Dartmouth is a private not-for-profit college with a moderately-sized student population.
Economics majors at Dartmouth take out an average of $18,132 in student loans while working on their egree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $685.
With a ranking of #6, Princeton University did quite well on this year’s best schools for economics students. Princeton is a medium-sized private not-for-profit school located in the small city of Princeton.
While working on their degree, economics majors at Princeton accumulate an average of around $11,250 in student debt.
Teachers College at Columbia University came in at #7 in this year’s edition of the Best Economics Schools ranking. Teachers College is a small private not-for-profit school located in the large city of New York.
Full Economics at Teachers College at Columbia University Report
University of Chicago landed the #8 spot in the 2023 rankings for the best economics programs. UChicago is a fairly large private not-for-profit school located in the city of Chicago.
On average, economics graduates from UChicago take out $13,395 in student loans while working on their degree.
With a ranking of #9, Yale University did quite well on this year’s best schools for economics students. Located in the city of New Haven, Yale is a private not-for-profit college with a fairly large student population.
While working on their degree, economics majors at Yale accumulate an average of around $12,562 in student debt.
University of Notre Dame came in at #10 in this year’s edition of the Best Economics Schools ranking. Located in the large suburb of Notre Dame, Notre Dame is a private not-for-profit college with a fairly large student population.
While working on their degree, economics majors at Notre Dame accumulate an average of around $19,000 in student debt. For students who choose a 10-year repayment plan, the average monthly student loan payment is $666.
Pomona College landed the #11 spot in the 2023 rankings for the best economics programs. Located in the large suburb of Claremont, Pomona is a private not-for-profit school with a small student population.
Johns Hopkins University landed the #12 spot in the 2023 rankings for the best economics programs. Johns Hopkins is a fairly large private not-for-profit school located in the large city of Baltimore.
The average amount in student loans that economics majors at Johns Hopkins take out is $23,848.
With a ranking of #13, Vanderbilt University did quite well on this year’s best schools for economics students. Located in the city of Nashville, Vanderbilt is a private not-for-profit college with a large student population.
After completing their degree, economics graduates from Vanderbilt carry an average student debtload of $12,000. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $622.
Northwestern University came in at #14 in this year’s edition of the Best Economics Schools ranking. Located in the small city of Evanston, Northwestern is a private not-for-profit school with a very large student population.
While working on their degree, economics majors at Northwestern accumulate an average of around $15,250 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 $546.
With a ranking of #15, Colorado School of Mines did quite well on this year’s best schools for economics students. Located in the suburb of Golden, Mines is a public school with a moderately-sized student population.
Amherst College ranked #16 on this year’s Best Economics Schools list. Amherst is a small private not-for-profit school located in the large suburb of Amherst.
On average, economics graduates from Amherst take out $16,662 in student loans while working on their degree.
With a ranking of #17, The Graduate Center, CUNY did quite well on this year’s best schools for economics students. Located in the large city of New York, The Graduate Center is a public school with a moderately-sized student population.
Harvard University ranked #18 on this year’s Best Economics Schools list. Located in the city of Cambridge, Harvard is a private not-for-profit school with a fairly large student population.
After completing their degree, economics graduates from Harvard carry an average student debtload of $6,617.
Carnegie Mellon University came in at #19 in this year’s edition of the Best Economics Schools ranking. Carnegie Mellon is a fairly large private not-for-profit school located in the large city of Pittsburgh.
Economics majors at Carnegie Mellon take out an average of $22,020 in student loans while working on their egree.
Bowdoin College came in at #20 in this year’s edition of the Best Economics Schools ranking. Located in the fringe town of Brunswick, Bowdoin is a private not-for-profit school with a small student population.
On average, economics graduates from Bowdoin take out $19,500 in student loans while working on their degree.
Cornell University landed the #21 spot in the 2023 rankings for the best economics programs. Located in the city of Ithaca, Cornell is a private not-for-profit school with a fairly large student population.
On average, economics graduates from Cornell take out $15,000 in student loans while working on their degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $654.
Colgate University ranked #22 on this year’s Best Economics Schools list. Located in the distant town of Hamilton, Colgate is a private not-for-profit school with a small student population.
While working on their degree, economics majors at Colgate accumulate an average of around $17,500 in student debt.
University of Pennsylvania came in at #23 in this year’s edition of the Best Economics Schools ranking. Located in the city of Philadelphia, UPenn is a private not-for-profit college with a fairly large student population.
While working on their degree, economics majors at UPenn accumulate an average of around $14,621 in student debt.
Brown University did quite well in this year’s ranking of the best schools for economics students. It came in at #24 on the list. Brown is a large private not-for-profit school located in the midsize city of Providence.
While working on their degree, economics majors at Brown accumulate an average of around $13,000 in student debt.
University of California - Berkeley did quite well in this year’s ranking of the best schools for economics students. It came in at #25 on the list. Located in the midsize city of Berkeley, UC Berkeley is a public college with a fairly large student population.
Economics majors at UC Berkeley take out an average of $12,650 in student loans while working on their egree. The average monthly payment of a loan this size is about $343, assuming that the borrower is on a 10-year repayment plan.
Full Economics at University of California - Berkeley Report
Rest of the Top 50 Best Economics Schools
Remaining Award Winners
This section shows the rest of the schools awarded a Best Economics Schools badge. Showing in this list means the school was ranked in the top 15% of the 551 different United States economics schools we analyzed.
Additional Noteworthy Schools
These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Economics Schools award.
Economics by Region
View the Best Economics Schools for a specific region near you.
| Region |
|---|
| Southeast |
| New England |
| Rocky Mountains |
| Plains States |
| Middle Atlantic |
| Far Western US |
| Southwest |
| Other U.S. Territories |
| Great Lakes |
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 25 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.
Featured Schools
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