Economics

2022 Best Economics Schools

627 Colleges in the United States
48,831 Economics Degrees Awarded
$47,295 Avg Early-Career Salary
Ranked #18 in popularity, economics is one of the most sought-after degree programs in the nation. This makes choosing the right school a hard decision.

In 2022, College Factual analyzed 627 schools in order to identify the top ones for its Best Economics Schools ranking. Combined, these schools handed out 48,831 degrees in economics to qualified students.

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

Choosing a Great Economics School

Best Economics Schools 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. In order to come up with a best overall ranking for economics schools, we combine our degree-level rankings, weighting them by the number of degrees awarded at each level.

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

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 list to help you make the college decision. You can also filter this list by location to find schools closer to you.

In addition to College Factual's rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don't forget it.

More information on how we come up with our rankings can be found here: College Factual's Data Methodology.

Featured Economics Programs

Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

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Best Schools for Economics in the United States

Although we recommend filtering by degree level first, you can view the list below to see which schools give the educational experience for the economics degree levels they offer. 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 in Economics

#1

Claremont McKenna College

Claremont, CA
Bachelor's Degree Highest Degree Type
118 Economics Degrees Awarded

Claremont McKenna College is one of the finest schools in the United States for getting a degree in economics. Claremont McKenna is a small private not-for-profit college located in the large suburb of Claremont. A Best Schools rank of #5 out of 2,576 colleges nationwide means Claremont McKenna is a great college overall.

There were approximately 118 economics students who graduated with this degree at Claremont McKenna in the most recent data year. Degree recipients from the economics program at Claremont McKenna College make $35,105 more than the average college graduate in this field when they enter the workforce.

More information about a degree in economics from Claremont McKenna College

#2

University of Chicago

Chicago, IL
Doctor's Degree Highest Degree Type
525 Economics Degrees Awarded

It is hard to beat University of Chicago if you want to pursue a degree in economics. UChicago is a fairly large private not-for-profit university located in the city of Chicago. A Best Schools rank of #7 out of 2,576 schools nationwide means UChicago is a great university overall.

There were approximately 525 economics students who graduated with this degree at UChicago in the most recent year we have data available. Degree recipients from the economics program at University of Chicago make $35,705 more than the standard college grad in this field when they enter the workforce.

More information about a degree in economics from University of Chicago

#3

Duke University

Durham, NC
Doctor's Degree Highest Degree Type
328 Economics Degrees Awarded

Duke University is a good decision for students pursuing a degree in economics. Duke is a fairly large private not-for-profit university located in the large city of Durham. A Best Schools rank of #9 out of 2,576 colleges nationwide means Duke is a great university overall.

There were roughly 328 economics students who graduated with this degree at Duke in the most recent year we have data available. Degree recipients from the economics degree program at Duke University earn $42,505 above the average college graduate in this field when they enter the workforce.

More information about a degree in economics from Duke University

#4

Yale University

New Haven, CT
Doctor's Degree Highest Degree Type
286 Economics Degrees Awarded

Yale University is one of the best schools in the country for getting a degree in economics. Yale is a fairly large private not-for-profit university located in the midsize city of New Haven. A Best Schools rank of #8 out of 2,576 schools nationwide means Yale is a great university overall.

There were about 286 economics students who graduated with this degree at Yale in the most recent year we have data available. Those economics students who get their degree from Yale University earn $34,105 more than the standard economics grad.

More information about a degree in economics from Yale University

#5

Williams College

Williamstown, MA
Master's Degree Highest Degree Type
135 Economics Degrees Awarded

Williams is a small private not-for-profit college located in the town of Williamstown. This college ranks 3rd out of 72 schools for overall quality in the state of Massachusetts.

There were roughly 135 economics students who graduated with this degree at Williams in the most recent data year. Degree recipients from the economics major at Williams College earn $26,205 more than the standard college grad with the same degree when they enter the workforce.

More information about a degree in economics from Williams College

#6

Dartmouth College

Hanover, NH
Bachelor's Degree Highest Degree Type
166 Economics Degrees Awarded

Located in the town of Hanover, Dartmouth is a private not-for-profit college with a moderately-sized student population. A Best Schools rank of #6 out of 2,576 colleges nationwide means Dartmouth is a great college overall.

There were roughly 166 economics students who graduated with this degree at Dartmouth in the most recent year we have data available. Those economics students who get their degree from Dartmouth College earn $36,905 more than the typical economics graduate.

More information about a degree in economics from Dartmouth College

#7

University of Pennsylvania

Philadelphia, PA
Doctor's Degree Highest Degree Type
260 Economics Degrees Awarded

UPenn is a very large private not-for-profit university located in the city of Philadelphia. A Best Schools rank of #13 out of 2,576 colleges nationwide means UPenn is a great university overall.

There were roughly 260 economics students who graduated with this degree at UPenn in the most recent data year. Economics degree recipients from University of Pennsylvania earn a boost of approximately $27,405 above the average earnings of economics graduates.

More information about a degree in economics from University of Pennsylvania

#8

Harvard University

Cambridge, MA
Doctor's Degree Highest Degree Type
348 Economics Degrees Awarded

Located in the medium-sized city of Cambridge, Harvard is a private not-for-profit university with a very large student population. A Best Schools rank of #10 out of 2,576 colleges nationwide means Harvard is a great university overall.

There were roughly 348 economics students who graduated with this degree at Harvard in the most recent data year. Economics degree recipients from Harvard University receive an earnings boost of around $31,505 above the typical earnings of economics graduates.

More information about a degree in economics from Harvard University

#9

Johns Hopkins University

Baltimore, MD
Doctor's Degree Highest Degree Type
401 Economics Degrees Awarded

Located in the city of Baltimore, Johns Hopkins is a private not-for-profit university with a very large student population. This university ranks 1st out of 39 schools for overall quality in the state of Maryland.

There were about 401 economics students who graduated with this degree at Johns Hopkins in the most recent data year. Those economics students who get their degree from Johns Hopkins University make $32,805 more than the average economics student.

More information about a degree in economics from Johns Hopkins University

#10

Northwestern University

Evanston, IL
Doctor's Degree Highest Degree Type
392 Economics Degrees Awarded

Located in the city of Evanston, Northwestern is a private not-for-profit university with a fairly large student population. A Best Schools rank of #14 out of 2,576 colleges nationwide means Northwestern is a great university overall.

There were about 392 economics students who graduated with this degree at Northwestern in the most recent year we have data available. Those economics students who get their degree from Northwestern University make $21,905 more than the average economics grad.

More information about a degree in economics from Northwestern University

#11

Vanderbilt University

Nashville, TN
Doctor's Degree Highest Degree Type
1st Most Popular In TN
289 Economics Degrees Awarded

Located in the city of Nashville, Vanderbilt is a private not-for-profit university with a fairly large student population. This university ranks 1st out of 50 colleges for overall quality in the state of Tennessee.

There were roughly 289 economics students who graduated with this degree at Vanderbilt in the most recent data year.

More information about a degree in economics from Vanderbilt University

#12

Princeton University

Princeton, NJ
Doctor's Degree Highest Degree Type
2nd Most Popular In NJ
164 Economics Degrees Awarded

Located in the city of Princeton, Princeton is a private not-for-profit university with a medium-sized student population. A Best Schools rank of #12 out of 2,576 colleges nationwide means Princeton is a great university overall.

There were roughly 164 economics students who graduated with this degree at Princeton in the most recent data year.

More information about a degree in economics from Princeton University

#13

Cornell University

Ithaca, NY
Doctor's Degree Highest Degree Type
216 Economics Degrees Awarded

Located in the city of Ithaca, Cornell is a private not-for-profit university with a fairly large student population. This university ranks 1st out of 160 schools for overall quality in the state of New York.

There were about 216 economics students who graduated with this degree at Cornell in the most recent year we have data available. Those economics students who get their degree from Cornell University earn $20,205 more than the standard economics student.

More information about a degree in economics from Cornell University

#14

University of Notre Dame

Notre Dame, IN
Doctor's Degree Highest Degree Type
273 Economics Degrees Awarded

Notre Dame is a fairly large private not-for-profit university located in the large suburb of Notre Dame. A Best Schools rank of #15 out of 2,576 colleges nationwide means Notre Dame is a great university overall.

There were roughly 273 economics students who graduated with this degree at Notre Dame in the most recent data year. Those economics students who get their degree from University of Notre Dame receive $17,005 more than the average economics grad.

More information about a degree in economics from University of Notre Dame

#15

Stanford University

Stanford, CA
Doctor's Degree Highest Degree Type
15th Most Popular In CA
115 Economics Degrees Awarded

Located in the suburb of Stanford, Stanford is a private not-for-profit university with a large student population. A Best Schools rank of #3 out of 2,576 colleges nationwide means Stanford is a great university overall.

There were about 114.99999999999999 economics students who graduated with this degree at Stanford in the most recent year we have data available.

More information about a degree in economics from Stanford University

#16

Pomona College

Claremont, CA
Bachelor's Degree Highest Degree Type
60 Economics Degrees Awarded

Pomona is a small private not-for-profit college located in the suburb of Claremont. A Best Schools rank of #11 out of 2,576 colleges nationwide means Pomona is a great college overall.

There were roughly 60 economics students who graduated with this degree at Pomona in the most recent year we have data available. Economics degree recipients from Pomona College receive an earnings boost of around $33,505 above the average income of economics graduates.

More information about a degree in economics from Pomona College

#17

Brown University

Providence, RI
Doctor's Degree Highest Degree Type
231 Economics Degrees Awarded

Brown is a medium-sized private not-for-profit university located in the city of Providence. This university ranks 1st out of 10 colleges for overall quality in the state of Rhode Island.

There were about 231 economics students who graduated with this degree at Brown in the most recent data year. Those economics students who get their degree from Brown University receive $11,105 more than the standard economics graduate.

More information about a degree in economics from Brown University

#18

Amherst College

Amherst, MA
Bachelor's Degree Highest Degree Type
74 Economics Degrees Awarded

Located in the large suburb of Amherst, Amherst is a private not-for-profit college with a small student population. This college ranks 4th out of 72 colleges for overall quality in the state of Massachusetts.

There were approximately 74 economics students who graduated with this degree at Amherst in the most recent data year. Those economics students who get their degree from Amherst College earn $22,505 more than the standard economics student.

More information about a degree in economics from Amherst College

#19

Rice University

Houston, TX
Doctor's Degree Highest Degree Type
5th Most Popular In TX
103 Economics Degrees Awarded

Located in the large city of Houston, Rice is a private not-for-profit university with a medium-sized student population. This university ranks 1st out of 136 schools for overall quality in the state of Texas.

There were approximately 103 economics students who graduated with this degree at Rice in the most recent data year.

More information about a degree in economics from Rice University

#20

Colgate University

Hamilton, NY
Bachelor's Degree Highest Degree Type
133 Economics Degrees Awarded

Located in the distant town of Hamilton, Colgate is a private not-for-profit university with a small student population. This university ranks 3rd out of 160 schools for overall quality in the state of New York.

There were about 133 economics students who graduated with this degree at Colgate in the most recent year we have data available. Degree recipients from the economics program at Colgate University earn $19,105 above the standard college graduate in this field when they enter the workforce.

More information about a degree in economics from Colgate University

Doctor's Degree Highest Degree Type
528 Economics Degrees Awarded

Columbia is a very large private not-for-profit university located in the city of New York. This university ranks 2nd out of 160 colleges for overall quality in the state of New York.

There were about 528 economics students who graduated with this degree at Columbia in the most recent year we have data available. Degree recipients from the economics degree program at Columbia University in the City of New York get $28,005 more than the typical college graduate in this field shortly after graduation.

More information about a degree in economics from Columbia University in the City of New York

Doctor's Degree Highest Degree Type
782 Economics Degrees Awarded

Located in the midsize city of Berkeley, UC Berkeley is a public university with a very large student population. This university ranks 8th out of 203 schools for overall quality in the state of California.

There were approximately 782 economics students who graduated with this degree at UC Berkeley in the most recent data year. Economics degree recipients from University of California - Berkeley receive an earnings boost of approximately $15,705 above the average income of economics majors.

More information about a degree in economics from University of California - Berkeley

#23

Middlebury College

Middlebury, VT
Bachelor's Degree Highest Degree Type
2nd Most Popular In VT
129 Economics Degrees Awarded

Middlebury is a small private not-for-profit college located in the distant town of Middlebury. This college ranks 1st out of 13 colleges for overall quality in the state of Vermont.

There were approximately 129 economics students who graduated with this degree at Middlebury in the most recent year we have data available.

More information about a degree in economics from Middlebury College

Doctor's Degree Highest Degree Type
1st Most Popular In MO
138 Economics Degrees Awarded

WUSTL is a large private not-for-profit university located in the large suburb of Saint Louis. This university ranks 1st out of 55 schools for overall quality in the state of Missouri.

There were approximately 138 economics students who graduated with this degree at WUSTL in the most recent year we have data available.

More information about a degree in economics from Washington University in St Louis

#25

Barnard College

New York, NY
Bachelor's Degree Highest Degree Type
80 Economics Degrees Awarded

Barnard is a small private not-for-profit college located in the city of New York. This college ranks 4th out of 160 schools for overall quality in the state of New York.

There were about 80 economics students who graduated with this degree at Barnard in the most recent data year. Economics degree recipients from Barnard College receive an earnings boost of approximately $20,805 over the typical income of economics graduates.

More information about a degree in economics from Barnard College

Rest of the Top 50 Best Economics Schools

#25

Barnard College

New York, NY
#27

Wellesley College

Wellesley, MA
#28

Tufts University

Medford, MA
#29

Georgetown University

Washington, DC
#30

Boston College

Chestnut Hill, MA
#31

Hamilton College

Clinton, NY

#32

University of Virginia - Main Campus

Charlottesville, VA

#33

Swarthmore College

Swarthmore, PA
#34

Bowdoin College

Brunswick, ME
#35

Carnegie Mellon University

Pittsburgh, PA
#37

Haverford College

Haverford, PA
#38

Bates College

Lewiston, ME
#40

Wake Forest University

Winston-Salem, NC

#41

College of the Holy Cross

Worcester, MA

#42

Lafayette College

Easton, PA
#45

Lehigh University

Bethlehem, PA
#46

New York University

New York, NY
#47

Bucknell University

Lewisburg, PA
#48

Villanova University

Villanova, PA
#49

Vassar College

Poughkeepsie, NY

Additional Award Winners

This section represents the rest of the colleges awarded a Best Economics Schools badge. Showing in this list means the school was ranked in the top 15% of the 627 different United States economics schools we analyzed.

Rank College Location
50 Colby College Waterville, ME
51 Carleton College Northfield, MN
52 Gettysburg College Gettysburg, PA
53 University of California - Santa Barbara Santa Barbara, CA
54 The University of Texas at Austin Austin, TX
55 Emory University Atlanta, GA
56 St Olaf College Northfield, MN
57 Trinity College Hartford, CT
58 Santa Clara University Santa Clara, CA
59 Teachers College at Columbia University New York, NY
60 University of Rochester Rochester, NY
61 Georgia Institute of Technology - Main Campus Atlanta, GA
62 University of Wisconsin - Madison Madison, WI
63 DePauw University Greencastle, IN
64 University of Illinois at Urbana-Champaign Champaign, IL
65 William & Mary Williamsburg, VA
66 Northeastern University Boston, MA
67 Pitzer College Claremont, CA
68 University of Florida Gainesville, FL
69 Connecticut College New London, CT
70 University of Maryland - College Park College Park, MD
71 Denison University Granville, OH
72 George Washington University Washington, DC
73 Brandeis University Waltham, MA
74 Boston University Boston, MA
75 University of Richmond University of Richmond, VA
76 Rensselaer Polytechnic Institute Troy, NY
77 Grinnell College Grinnell, IA
78 East Los Angeles College Monterey Park, CA
79 Texas A&M University - College Station College Station, TX
80 Dickinson College Carlisle, PA
81 Hobart and William Smith Colleges Geneva, NY
82 University of California - Davis Davis, CA
83 University of Minnesota - Twin Cities Minneapolis, MN
84 Occidental College Los Angeles, CA
85 Wheaton College Illinois Wheaton, IL
86 Brigham Young University - Provo Provo, UT
87 University of Washington - Seattle Campus Seattle, WA
88 Elon University Elon, NC
89 Colorado School of Mines Golden, CO
90 Macalester College Saint Paul, MN
91 Colorado College Colorado Springs, CO
92 Franklin and Marshall College Lancaster, PA
93 Oberlin College Oberlin, OH
94 University of California - San Diego La Jolla, CA

Honorable Mentions

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

Rank College Location
95 Claremont Graduate University Claremont, CA
96 Union College New York Schenectady, NY
97 Binghamton University Vestal, NY
98 Case Western Reserve University Cleveland, OH
99 Illinois Wesleyan University Bloomington, IL
100 University of Connecticut Storrs, CT
101 Syracuse University Syracuse, NY
102 Kenyon College Gambier, OH
103 Furman University Greenville, SC
104 Southern Methodist University Dallas, TX
105 University of Delaware Newark, DE
106 Mount Holyoke College South Hadley, MA
107 Rhodes College Memphis, TN
108 Rutgers University - New Brunswick New Brunswick, NJ
109 University of Massachusetts Amherst Amherst, MA
110 Augustana University Sioux Falls, SD
111 College of Saint Benedict Saint Joseph, MN
112 Mercer University Macon, GA
113 University of California - Irvine Irvine, CA
114 Michigan State University East Lansing, MI
115 Ohio State University - Main Campus Columbus, OH
116 Purdue University - Main Campus West Lafayette, IN
117 Providence College Providence, RI
118 Saint Johns University Collegeville, MN
119 Stonehill College Easton, MA
120 University of Miami Coral Gables, FL
121 Loyola Marymount University Los Angeles, CA
122 Gustavus Adolphus College Saint Peter, MN
123 Saint Anselm College Manchester, NH
124 James Madison University Harrisonburg, VA
125 Virginia Tech Blacksburg, VA

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
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
General Economics 31,150
Econometrics & Quantitative Economics 15,671
Applied Economics 652
Development Economics & International Development 595
Other Economics 428
International Economics 335

View All Economics Concentrations >

Related Major Annual Graduates
Political Science & Government 48,597
Sociology 37,807
General Social Sciences 19,742
International Relations & National Security 14,762
Anthropology 12,008
Criminology 10,182
Geography & Cartography 8,936
Other Social Sciences 2,491
Urban Studies 1,475
Sociology & Anthropology 498

View All Economics Related Majors >

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.

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