Find Schools

Study Area & Zipcode

Economics - Master's Degree

Find Schools Near

2022 Best Economics Master's Degree Schools

204 Colleges in the United States
4,493 Master's Degrees
Economics is above average in terms of popularity with it being the #44 most popular master's degree program in the country. As a result, there are many college that offer the degree, making your choice of school a hard one.

College Factual looked at 204 colleges and universities when compiling its 2022 Best Economics Master's Degree Schools ranking. Combined, these schools handed out 4,493 master's degrees in economics to qualified students.

What's on this page:

Choosing a Great Economics School for Your Master's Degree

Best Economics Master's Degree Schools Your choice of economics for getting your master's degree school matters. Important measures of a quality economics program can vary widely even among the top schools. To make it into this list, a school must excel in the following areas.

A Great Overall School

The overall quality of a master's degree school is important to ensure a good education, not just how well they do in a particular major. To take this into account we include a college's overall Best Colleges for a Master's Degree ranking which itself looks at a collection of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.

The lowest ranked school in our list is in the top 4% of our overall quality ranking while the vast majority are in at least the top 3%.

Overall Best Colleges Rank  ( 31 to 4 )
Lowest Ranked Overall
Top Ranked Overall

Early-Career Earnings

One measure we use to determine the quality of a school is to look at the average salary of master's graduates during the early years of their career. That is, everyone wants their master's degree to be worth something, and salaries are one measure of determining that.

Other Factors We Consider

The metrics below are just some of the other metrics that we use to determine our rankings.

  • Major Focus - How many resources a school devotes to economics students as compared to other majors.
  • Major Demand - The number of economics students who choose to seek a master's degree at the school.
  • Educational Resources - How many resources are allocated to students. These resources may include educational expenditures per student, number of students per instructor, and graduation rate among other things.
  • Student Debt - How easy is it for economics to pay back their student loans after receiving their master's degree.
  • Accreditation - Whether a school is regionally accredited and/or accredited by a recognized economics related body.

Our complete ranking methodology documents in more detail how we consider these factors to identify the best colleges for economics students working on their master's degree.

More Ways to Rank Economics Schools

The economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we've developed a number of major-specific rankings, including this list of the Best Economics Master's Degree Schools.

Best Schools for Master’s Students to Study Economics in the United States

Learn about the top ranked colleges and universities for economics students seeking a a master's degree. Only those schools that rank in the top 15% of all the schools we analyze get awarded with a place on this list.

25 Top Schools for a Master's in Economics

#1

Duke University

Durham, NC
91 Annual Graduates

Duke University is a good choice for individuals interested in a master's degree in economics. Duke is a fairly large private not-for-profit university located in the city of Durham. A Best Master's Degree Schools rank of #7 out of 1,305 schools nationwide means Duke is a great university overall.

There were about 91 economics individuals who graduated with this degree at Duke in the most recent data year.

More information about a master’s in economics from Duke University

#2

Yale University

New Haven, CT
72 Annual Graduates

Yale University is a great choice for students interested in a master's degree in economics. Yale is a fairly large private not-for-profit university located in the city of New Haven. A Best Master's Degree Schools rank of #8 out of 1,305 colleges nationwide means Yale is a great university overall.

There were roughly 72 economics students who graduated with this degree at Yale in the most recent year we have data available.

More information about a master’s in economics from Yale University

#3

Johns Hopkins University

Baltimore, MD
278 Annual Graduates
$33,304 Median Student Debt

Johns Hopkins University is a wonderful option for individuals interested in a master's degree in economics. Located in the large city of Baltimore, Johns Hopkins is a private not-for-profit university with a fairly large student population. A Best Master's Degree Schools rank of #17 out of 1,305 schools nationwide means Johns Hopkins is a great university overall.

There were approximately 278 economics individuals who graduated with this degree at Johns Hopkins in the most recent data year. Those economics students who get their master's degree from Johns Hopkins University make $30,240 more than the typical economics graduate.

More information about a master’s in economics from Johns Hopkins University

#4

Harvard University

Cambridge, MA
94 Annual Graduates

Harvard University is a good choice for students pursuing a master's degree in economics. Located in the medium-sized city of Cambridge, Harvard is a private not-for-profit university with a fairly large student population. A Best Master's Degree Schools rank of #12 out of 1,305 schools nationwide means Harvard is a great university overall.

A popular major for economics students, there were roughly 94 learners who graduated from this program at Harvard in the most recent year we have data available.

More information about a master’s in economics from Harvard University

#5

Williams College

Williamstown, MA
27 Annual Graduates

Williams is a small private not-for-profit college located in the town of Williamstown. A Best Master's Degree Schools rank of #14 out of 1,305 schools nationwide means Williams is a great college overall.

With 27 individuals who completed this degree in the most recent year we have data available, Williams College is one of the most popular colleges to study economics in the United States.

More information about a master’s in economics from Williams College

#6

University of Chicago

Chicago, IL
59 Annual Graduates

UChicago is a fairly large private not-for-profit university located in the large city of Chicago. A Best Master's Degree Schools rank of #6 out of 1,305 schools nationwide means UChicago is a great university overall.

There were roughly 59 economics students who graduated with this degree at UChicago in the most recent data year.

More information about a master’s in economics from University of Chicago

#7

Princeton University

Princeton, NJ
28 Annual Graduates

Located in the small city of Princeton, Princeton is a private not-for-profit university with a moderately-sized student population. A Best Master's Degree Schools rank of #10 out of 1,305 colleges nationwide means Princeton is a great university overall.

There were about 28 economics individuals who graduated with this degree at Princeton in the most recent year we have data available.

More information about a master’s in economics from Princeton University

#8

University of Pennsylvania

Philadelphia, PA
18 Annual Graduates

UPenn is a fairly large private not-for-profit university located in the city of Philadelphia. A Best Master's Degree Schools rank of #11 out of 1,305 schools nationwide means UPenn is a great university overall.

There were approximately 18 economics individuals who graduated with this degree at UPenn in the most recent data year.

More information about a master’s in economics from University of Pennsylvania

#9

Stanford University

Stanford, CA
11 Annual Graduates

Located in the large suburb of Stanford, Stanford is a private not-for-profit university with a large student population. A Best Master's Degree Schools rank of #2 out of 1,305 schools nationwide means Stanford is a great university overall.

A favorite choice for economics students, there were roughly 11 students who completed this degree at Stanford in the most recent data year.

More information about a master’s in economics from Stanford University

#10

Cornell University

Ithaca, NY
27 Annual Graduates

Located in the small city of Ithaca, Cornell is a private not-for-profit university with a fairly large student population. A Best Master's Degree Schools rank of #16 out of 1,305 colleges nationwide means Cornell is a great university overall.

With 27 students who completed this degree in the most recent data year, Cornell University is one of the most popular universities to study economics in the United States.

More information about a master’s in economics from Cornell University

#11

University of Notre Dame

Notre Dame, IN
26 Annual Graduates

Notre Dame is a fairly large private not-for-profit university located in the large suburb of Notre Dame. A Best Master's Degree Schools rank of #13 out of 1,305 colleges nationwide means Notre Dame is a great university overall.

With 26 individuals who completed this degree in the most recent data year, University of Notre Dame is one of the most popular universities to study economics in the United States.

More information about a master’s in economics from University of Notre Dame

128 Annual Graduates

Columbia is a very large private not-for-profit university located in the large city of New York. This university ranks 2nd out of 96 schools for overall master's degree quality in the state of New York.

There were approximately 128 economics individuals who graduated with this degree at Columbia in the most recent year we have data available.

More information about a master’s in economics from Columbia University in the City of New York

#13

Northwestern University

Evanston, IL
34 Annual Graduates

Located in the city of Evanston, Northwestern is a private not-for-profit university with a fairly large student population. A Best Master's Degree Schools rank of #9 out of 1,305 schools nationwide means Northwestern is a great university overall.

There were about 34 economics students who graduated with this degree at Northwestern in the most recent data year.

More information about a master’s in economics from Northwestern University

#14

Vanderbilt University

Nashville, TN
29 Annual Graduates

Located in the large city of Nashville, Vanderbilt is a private not-for-profit university with a large student population. This university ranks 1st out of 29 colleges for overall master's degree quality in the state of Tennessee.

There were about 29 economics individuals who graduated with this degree at Vanderbilt in the most recent data year.

More information about a master’s in economics from Vanderbilt University

#15

Georgetown University

Washington, DC
115 Annual Graduates
$72,573 Median Student Debt

Georgetown is a fairly large private not-for-profit university located in the large city of Washington. This university ranks 1st out of 9 colleges for overall master's degree quality in the state of District of Columbia.

There were about 115 economics individuals who graduated with this degree at Georgetown in the most recent data year. Those economics students who get their master's degree from Georgetown University earn $7,340 more than the standard economics graduate.

More information about a master’s in economics from Georgetown University

#16

Rice University

Houston, TX
12 Annual Graduates

Located in the city of Houston, Rice is a private not-for-profit university with a moderately-sized student population. This university ranks 1st out of 65 colleges for overall master's degree quality in the state of Texas.

With 12 individuals who completed this degree in the most recent data year, Rice University is one of the most popular universities to study economics in the United States.

More information about a master’s in economics from Rice University

#17

Tufts University

Medford, MA
25 Annual Graduates

Located in the suburb of Medford, Tufts is a private not-for-profit university with a fairly large student population. This university ranks 4th out of 49 schools for overall master's degree quality in the state of Massachusetts.

With 25 individuals who graduated from this program in the most recent data year, Tufts University is one of the most popular universities to study economics in the United States.

More information about a master’s in economics from Tufts University

#18

Brown University

Providence, RI
13 Annual Graduates

Brown is a moderately-sized private not-for-profit university located in the city of Providence. This university ranks 1st out of 9 schools for overall master's degree quality in the state of Rhode Island.

There were about 13 economics students who graduated with this degree at Brown in the most recent year we have data available.

More information about a master’s in economics from Brown University

63 Annual Graduates

Located in the medium-sized city of Ann Arbor, U-M is a public university with a fairly large student population. This university ranks 1st out of 29 schools for overall master's degree quality in the state of Michigan.

There were about 63 economics individuals who graduated with this degree at U-M in the most recent data year.

More information about a master’s in economics from University of Michigan - Ann Arbor

12 Annual Graduates

WUSTL is a fairly large private not-for-profit university located in the large suburb of Saint Louis. This university ranks 1st out of 34 schools for overall master's degree quality in the state of Missouri.

There were approximately 12 economics students who graduated with this degree at WUSTL in the most recent data year.

More information about a master’s in economics from Washington University in St Louis

#21

Boston College

Chestnut Hill, MA
45 Annual Graduates

Located in the small city of Chestnut Hill, Boston College is a private not-for-profit college with a fairly large student population. This college ranks 7th out of 49 colleges for overall master's degree quality in the state of Massachusetts.

Boston College is one of the most popular colleges to study economics in the United States with roughly 45 graduations in the most recent year we have data available.

More information about a master’s in economics from Boston College

#22

Lehigh University

Bethlehem, PA
10 Annual Graduates

Lehigh is a medium-sized private not-for-profit university located in the city of Bethlehem. This university ranks 5th out of 75 colleges for overall master's degree quality in the state of Pennsylvania.

Lehigh University is one of the most popular universities to study economics in the United States with approximately 10 graduates in the most recent data year.

More information about a master’s in economics from Lehigh University

#23

Carnegie Mellon University

Pittsburgh, PA
3 Annual Graduates

Carnegie Mellon is a fairly large private not-for-profit university located in the large city of Pittsburgh. This university ranks 2nd out of 75 colleges for overall master's degree quality in the state of Pennsylvania.

A popular choice for economics students, there were approximately 3 students who graduated from this program at Carnegie Mellon in the most recent data year.

More information about a master’s in economics from Carnegie Mellon University

80 Annual Graduates

Located in the large city of Los Angeles, USC is a private not-for-profit university with a fairly large student population. This university ranks 8th out of 96 schools for overall master's degree quality in the state of California.

There were approximately 80 economics students who graduated with this degree at USC in the most recent year we have data available.

More information about a master’s in economics from University of Southern California

22 Annual Graduates

Georgia Tech is a very large public school located in the city of Atlanta. This school ranks 1st out of 35 schools for overall master's degree quality in the state of Georgia.

There were approximately 22 economics individuals who graduated with this degree at Georgia Tech in the most recent year we have data available.

More information about a master’s in economics from Georgia Institute of Technology - Main Campus

Rest of the Top Best Economics Master's Degree Schools

#27

University of Virginia - Main Campus

Charlottesville, VA
#29

New York University

New York, NY

Honorable Mentions

Here are some additional great schools for Economics students that almost earned our Best Economics Master's Degree Schools award.

Rank College Location
31 University of Wisconsin - Madison Madison, WI
32 Texas A&M University - College Station College Station, TX
33 Emory University Atlanta, GA
34 Rensselaer Polytechnic Institute Troy, NY
35 George Washington University Washington, DC
36 University of Rochester Rochester, NY
37 Northeastern University Boston, MA
38 Colorado School of Mines Golden, CO
39 University of Maryland - College Park College Park, MD
40 Brandeis University Waltham, MA

Economics by Region

View the Best Economics Master's Degree Schools for a specific region near you.

Region
Southeast
New England
Rocky Mountains
Plains States
Middle Atlantic
Far Western US
Southwest
Great Lakes

View All Rankings >

Economics is one of 12 different types of Social Sciences programs to choose from.

Economics Focus Areas

Major Annual Graduates
Econometrics & Quantitative Economics 2,779
General Economics 1,132
Development Economics & International Development 239
Applied Economics 236
Other Economics 68
International Economics 39

Related Major Annual Graduates
International Relations & National Security 4,553
Political Science & Government 1,850
Sociology 1,311
Geography & Cartography 1,291
Anthropology 1,045
Criminology 783
General Social Sciences 631
Other Social Sciences 369
Urban Studies 300
Archeology 52

Notes and References

  • The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
  • 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 Economics Schools

Find Schools Near You