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2023 Best Economics Schools in Maryland

12 Colleges
$56,790 Avg Salary
$22,049 Avg Student Debt

Finding the Best Economics School for You

Economics is one of the most popular subjects to study in Maryland. With 1,613 degrees and certificates handed out in <nil>, it ranked 3rd out of all the majors we track in the state.

It's not easy to decide which business program to enroll in when you have so many options available. 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 Maryland ranking. Our analysis looked at 12 schools in Maryland to see which programs offered the best educational experiences for business students.

View our full ranking methodology.

2023 Best Economics Schools in Maryland

The following schools top our list of the Best Economics Colleges.

Top 10 Best Economics Schools

#1

Johns Hopkins University

Baltimore, MD

Our 2023 rankings named Johns Hopkins University the best school in Maryland for economics students. Located in the large city of Baltimore, Johns Hopkins is a private not-for-profit school with a fairly large student population.

While working on their degree, economics majors at Johns Hopkins accumulate an average of around $23,848 in student debt.

Read full report on Economics at Johns Hopkins University

#2

Mount St Mary's University

Emmitsburg, MD

Out of the 12 schools in Maryland that were part of this year’s ranking, Mount St Mary’s University landed the # 2 spot on the list. Located in the town of Emmitsburg, The Mount is a private not-for-profit school with a small student population.

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A rank of #3 on this year’s list means University of Maryland - College Park is a great place for economics students. Located in the large suburb of College Park, UMCP is a public college with a fairly large student population.

Economics majors at UMCP take out an average of $19,000 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 $296.

Full Economics at University of Maryland - College Park Report

#4

Loyola University Maryland

Baltimore, MD

A rank of #4 on this year’s list means Loyola University Maryland is a great place for economics students. Loyola Maryland is a moderately-sized private not-for-profit school located in the city of Baltimore.

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#5

St Mary's College of Maryland

St. Mary's City, MD

Out of the 12 schools in Maryland that were part of this year’s ranking, St Mary’s College of Maryland landed the # 5 spot on the list. SMCM is a small public school located in the suburb of St. Mary's City.

Economics majors at SMCM take out an average of $22,000 in student loans while working on their egree.

Read full report on Economics at St Mary’s College of Maryland

#6

McDaniel College

Westminster, MD

McDaniel College ranked #6 on this year’s Best Economics Schools in Maryland list. Located in the suburb of Westminster, McDaniel is a private not-for-profit college with a small student population.

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#7

Towson University

Towson, MD

Towson University ranked #7 on this year’s Best Economics Schools in Maryland list. Located in the small city of Towson, Towson is a public college with a fairly large student population.

After completing their degree, economics graduates from Towson carry an average student debtload of $15,698. The average monthly payment of a loan this size is about $201, assuming that the borrower is on a 10-year repayment plan.

Full Economics at Towson University Report

#8

Washington College

Chestertown, MD

Washington College landed the #8 spot in the 2023 rankings for the best economics programs. Washington College is a fairly small private not-for-profit school located in the town of Chestertown.

The average amount in student loans that economics majors at Washington College take out is $27,000.

Read full report on Economics at Washington College

#9

Salisbury University

Salisbury, MD

With a ranking of #9, Salisbury University did quite well on this year’s best schools for economics students. Salisbury is a moderately-sized public school located in the small suburb of Salisbury.

Full Economics at Salisbury University Report

University of Maryland - Baltimore County did quite well in this year’s ranking of the best schools for economics students. It came in at #10 on the list. Located in the suburb of Baltimore, UMBC is a public college with a fairly large student population.

Economics majors at UMBC take out an average of $20,000 in student loans while working on their egree. This translates to an average monthly loan payment of $345, based on a 10-year repayment plan.

Full Economics at University of Maryland - Baltimore County Report

Best Economics Colleges in the Middle Atlantic Region

Explore all the Best Economics Colleges in the Middle Atlantic Area or other specific states within that region.

State Degrees Awarded
Pennsylvania 2,416
New York 5,213
New Jersey 843
District of Columbia 737
Delaware 173

Economics Focus Areas

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 12 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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