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2024 Best Economics Schools in Minnesota

18 Colleges in Minnesota
741 Economics Degrees Awarded
$50,553 Avg Early-Career Salary
Ranked #19 in popularity, economics is one of the most sought-after degree programs in the nation. This means there are lots of options to choose from when you decide to get your degree.

For its 2024 ranking, College Factual looked at 18 schools in Minnesota to determine which ones were the best for economics students pursuing a degree. When you put them all together, these colleges and universities awarded 741 degrees in economics during the 2021-2022 academic year.

What's on this page: * Degree-Level Rankings

Choosing a Great Economics School

Best Economics Schools in Minnesota The economics program you select can have a big impact on your future. That's why we developed our collection of Best Schools for Economics rankings. We derive our Best Overall Economics School rankings by rolling up our degree-level rankings after weighting them by the number of degrees awarded at each school.

In order to find the schools that are the best fit for you, you may want to filter to one of the degree levels below.

Pick Your Economics Degree Level

Bachelor's Degrees in Economics
Master's Degrees in Economics
Doctor's Degrees in Economics

When choosing the right school for you, it's important to arm yourself with all the facts you can. To that end, we've created a number of major-specific rankings, including this Best Economics Schools in Minnesota list to help you make the college decision. If you'd like to restrict your choices to just one part of the country, you can filter this list by location.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

If you want to learn more about how we derive our rankings, see College Factual's Methodology.

Best Schools for Economics in Minnesota

The schools below may not offer all types of economics degrees so you may want to filter by degree level first. However, they are great for the degree levels they do offer.

10 Top Minnesota Schools in Economics

1
Doctor's Degree Highest Degree Type
316 Economics Degrees Awarded
$50,320 Median Starting Salary

It is difficult to beat University of Minnesota - Twin Cities if you wish to pursue a degree in economics. UMN Twin Cities is a fairly large public university located in the large city of Minneapolis. A Best Colleges rank of #51 out of 2,217 colleges nationwide means UMN Twin Cities is a great university overall.

There were roughly 316 economics students who graduated with this degree at UMN Twin Cities in the most recent data year. After graduating, economics degree recipients usually make around $50,320 in their early careers.

More information about a degree in economics from University of Minnesota - Twin Cities

2
Carleton crest
Carleton College
Northfield, MN
Bachelor's Degree Highest Degree Type
34 Economics Degrees Awarded
11.8% Growth in Graduates

Carleton College is a wonderful decision for students interested in a degree in economics. Located in the distant town of Northfield, Carleton is a private not-for-profit college with a small student population. A Best Colleges rank of #93 out of 2,217 colleges nationwide means Carleton is a great college overall.

There were about 34 economics students who graduated with this degree at Carleton in the most recent year we have data available. Economics degree recipients from Carleton College receive an earnings boost of approximately $9,479 above the average earnings of economics majors.

More information about a degree in economics from Carleton College

3
St. Olaf crest
St Olaf College
Northfield, MN
Bachelor's Degree Highest Degree Type
80 Economics Degrees Awarded
$56,177 Median Starting Salary

It's difficult to beat St Olaf College if you want to pursue a degree in economics. Located in the distant town of Northfield, St. Olaf is a private not-for-profit college with a small student population. A Best Colleges rank of #190 out of 2,217 schools nationwide means St. Olaf is a great college overall.

There were about 80 economics students who graduated with this degree at St. Olaf in the most recent year we have data available. Economics degree recipients from St Olaf College get an earnings boost of around $5,624 above the average earnings of economics majors.

More information about a degree in economics from St Olaf College

4
Bachelor's Degree Highest Degree Type
62 Economics Degrees Awarded
17.7% Growth in Graduates

It is difficult to beat University of St Thomas Minnesota if you want to pursue a degree in economics. UST MN is a medium-sized private not-for-profit university located in the large city of Saint Paul. A Best Colleges rank of #143 out of 2,217 schools nationwide means UST MN is a great university overall.

There were about 62 economics students who graduated with this degree at UST MN in the most recent year we have data available. Students who graduate with their degree from the economics program state that they receive average early career earnings of $46,741.

More information about a degree in economics from University of St Thomas Minnesota

5
Macalester crest
Macalester College
Saint Paul, MN
Bachelor's Degree Highest Degree Type
49 Economics Degrees Awarded
$47,163 Median Starting Salary

Located in the city of Saint Paul, Macalester is a private not-for-profit college with a small student population. A Best Colleges rank of #217 out of 2,217 colleges nationwide means Macalester is a great college overall.

There were about 49 economics students who graduated with this degree at Macalester in the most recent year we have data available. Graduates who receive their degree from the economics program earn an average of $47,163 in the first couple years of their career.

More information about a degree in economics from Macalester College

6
SJU crest
Saint Johns University
Collegeville, MN
Bachelor's Degree Highest Degree Type
34 Economics Degrees Awarded
20.6% Growth in Graduates

SJU is a small private not-for-profit university located in the rural area of Collegeville. This university ranks 26th out of 52 schools for overall quality in the state of Minnesota.

There were roughly 34 economics students who graduated with this degree at SJU in the most recent year we have data available. After graduating, economics degree recipients generally earn around $46,199 at the beginning of their careers.

More information about a degree in economics from Saint Johns University

7
Bachelor's Degree Highest Degree Type
37 Economics Degrees Awarded
27.0% Growth in Graduates

Located in the city of Duluth, UMN Duluth is a public university with a medium-sized student population. A Best Colleges rank of #328 out of 2,217 colleges nationwide means UMN Duluth is a great university overall.

There were about 37 economics students who graduated with this degree at UMN Duluth in the most recent year we have data available. Students who receive their degree from the economics program make around $40,598 in their early career salary.

More information about a degree in economics from University of Minnesota - Duluth

8
Master's Degree Highest Degree Type
10th Most Popular In MN
23.8% Growth in Graduates

Located in the city of Saint Cloud, St. Cloud State University is a public university with a fairly large student population. This university ranks 24th out of 52 schools for overall quality in the state of Minnesota.

There were roughly 21 economics students who graduated with this degree at St. Cloud State University in the most recent year we have data available.

More information about a degree in economics from Saint Cloud State University

9
Bachelor's Degree Highest Degree Type
14th Most Popular In MN

Located in the medium-sized suburb of Moorhead, MSU Moorhead is a public university with a small student population. This university ranks 25th out of 52 colleges for overall quality in the state of Minnesota.

There were approximately 10 economics students who graduated with this degree at MSU Moorhead in the most recent year we have data available.

More information about a degree in economics from Minnesota State University - Moorhead

10
Bachelor's Degree Highest Degree Type
$53,254 Median Starting Salary
$23,250 Median Student Debt

Gustavus Adolphus is a small private not-for-profit college located in the town of Saint Peter. This college ranks 29th out of 52 schools for overall quality in the state of Minnesota.

There were roughly 17 economics students who graduated with this degree at Gustavus Adolphus in the most recent data year. Those economics students who get their degree from Gustavus Adolphus College make $2,701 more than the average economics student.

More information about a degree in economics from Gustavus Adolphus College

Best Economics Colleges in the Plains States Region

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

StateCollegesDegrees Awarded
Missouri283418
Kansas266343
Iowa264321
Nebraska238111
North Dakota21038
South Dakota20443

View All Rankings >

One of 13 majors within the Social Sciences area of study, Economics has other similar majors worth exploring.

Economics Focus Areas

MajorAnnual Graduates
General Economics396
Econometrics & Quantitative Economics249
Applied Economics59
Other Economics18
Development Economics & International Development11
International Economics8

View All Economics Concentrations >

Related MajorAnnual Graduates
Political Science & Government645
Sociology247
International Relations & National Security158
Geography & Cartography153
Anthropology102
Other Social Sciences54
Urban Studies47
Sociology & Anthropology43
General Social Sciences39
Archeology2

View All Economics Related Majors >

Notes and References

More about our data sources and methodologies.

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