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Best Economics Schools in Minnesota

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2023 Best Economics Schools in Minnesota

19 Colleges
$50,553 Avg Salary
$25,490 Avg Student Debt

Finding the Best Economics School for You

Economics is one of the most popular subjects to study in Minnesota. With 847 degrees and certificates handed out in <nil>, it ranked 6th out of all the majors we track in the state.

There are so many business programs in today's world that it can tough to figure out which one is the right one 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.

The Best Economics Schools in Minnesota ranking is one of many tools that Business Degree Central has developed to help you make your educational decision. Our analysis looked at 19 schools in Minnesota to see which programs offered the best educational experiences for business students.

View our full ranking methodology.

2023 Best Economics Schools in Minnesota

The colleges and universities below are the best for economics majors pursuing a .

Top 10 Best Economics Schools

#1

Carleton College

Northfield, MN

Our 2023 rankings named Carleton College the best school in Minnesota for economics students. Located in the town of Northfield, Carleton is a private not-for-profit college with a small student population.

The average amount in student loans that economics majors at Carleton take out is $19,500.

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#2

St Olaf College

Northfield, MN

A rank of #2 on this year’s list means St Olaf College is a great place for economics students. St. Olaf is a small private not-for-profit school located in the town of Northfield.

While working on their degree, economics majors at St. Olaf accumulate an average of around $26,671 in student debt.

Full Economics at St Olaf College Report

#3

Gustavus Adolphus College

Saint Peter, MN

Out of the 19 schools in Minnesota that were part of this year’s ranking, Gustavus Adolphus College landed the # 3 spot on the list. Located in the town of Saint Peter, Gustavus Adolphus is a private not-for-profit school with a small student population.

Economics majors at Gustavus Adolphus take out an average of $23,250 in student loans while working on their egree.

Full Economics at Gustavus Adolphus College Report

#4

College of Saint Benedict

Saint Joseph, MN

The excellent programs at College of Saint Benedict helped the school earn the #4 place on this year’s ranking of the best economics schools in Minnesota. Located in the suburb of Saint Joseph, CSB is a private not-for-profit school with a small student population.

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#5

Saint Johns University

Collegeville, MN

You’ll be in good company if you decide to attend Saint Johns University. It ranked #5 on our 2023 Best Economics Schools in Minnesota list. Located in the rural area of Collegeville, SJU is a private not-for-profit college with a small student population.

While working on their degree, economics majors at SJU accumulate an average of around $27,000 in student debt.

Full Economics at Saint Johns University Report

With a ranking of #6, Minnesota State University - Moorhead did quite well on this year’s best schools for economics students. Located in the suburb of Moorhead, MSU Moorhead is a public school with a small student population.

Read full report on Economics at Minnesota State University - Moorhead

#7

Macalester College

Saint Paul, MN

With a ranking of #7, Macalester College did quite well on this year’s best schools for economics students. Macalester is a small private not-for-profit school located in the large city of Saint Paul.

Economics majors at Macalester take out an average of $24,000 in student loans while working on their egree.

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University of Minnesota - Twin Cities came in at #8 in this year’s edition of the Best Economics Schools in Minnesota ranking. Located in the city of Minneapolis, UMN Twin Cities is a public college with a fairly large student population.

On average, economics graduates from UMN Twin Cities take out $19,500 in student loans while working on their degree. This translates to an average monthly loan payment of $276, based on a 10-year repayment plan.

Full Economics at University of Minnesota - Twin Cities Report

With a ranking of #9, University of Minnesota - Morris did quite well on this year’s best schools for economics students. Located in the remote town of Morris, UMN Morris is a public college with a small student population.

Full Economics at University of Minnesota - Morris Report

University of St Thomas Minnesota landed the #10 spot in the 2023 rankings for the best economics programs. Located in the city of Saint Paul, UST MN is a private not-for-profit college with a medium-sized student population.

Economics majors at UST MN take out an average of $24,250 in student loans while working on their egree.

Full Economics at University of St Thomas Minnesota Report

Best Economics Colleges in the Plains States Region

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

State Degrees Awarded
Missouri 418
Iowa 321
Kansas 343
Nebraska 111
South Dakota 43
North Dakota 38

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 19 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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