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2027 Best Economics Schools in Minnesota

9 Colleges in the United States
498 Economics Degrees Awarded
$56,770 Avg Early-Career Salary

Economics programs are offered at a focused set of schools across the country. While the number of schools offering the program varies, there are still top-quality ones to be found.

College Factual analyzed 9 schools to build this 2027 ranking of the best economics schools.

What’s on this page:

Best Schools for Economics in Minnesota

Below are the schools that deliver the strongest overall economics education in Minnesota.

Top Schools in Economics

1

Our analysis ranked University Of Minnesota Twin Cities the best school in the country for a degree in economics. This very large public university is located in the city of Minneapolis. Roughly 85% of students complete a degree within six years here. There were roughly 268 economics students who graduated with this degree at University Of Minnesota Twin Cities in the most recent data year. Students who receive their economics degree from University Of Minnesota Twin Cities earn around $56,902 in the first couple years of their career. Typical student debt for the program is $21,500. See the full economics program report for University Of Minnesota Twin Cities

2
Carleton College crest
Carleton College
Northfield, MN

Carleton College is a great choice for students pursuing a degree in economics, landing the #2 spot this year. Located in the town of Northfield, Carleton College is a mid-sized private not-for-profit university. The six-year graduation rate is 90%. Carleton College awarded about 27 economics degrees in the most recent data year. Soon after graduation, economics degree recipients from Carleton College generally make around $66,567. Students borrow a median of $19,500 to complete this degree. More information about a degree in economics from Carleton College

3
Macalester College crest
Macalester College
Saint Paul, MN

Macalester College came in at #3 on our 2027 list of the best economics schools. This mid-sized private not-for-profit university is located in the city of Saint Paul. Roughly 87% of students complete a degree within six years here. Macalester College awarded about 45 economics degrees in the most recent data year. Soon after graduation, economics degree recipients from Macalester College generally make around $59,752. Students borrow a median of $24,000 to complete this degree. More information about a degree in economics from Macalester College

4
St Olaf College crest
St Olaf College
Northfield, MN

A rank of #4 makes St Olaf College one of the top schools for economics. St Olaf College is a mid-sized private not-for-profit school located in the town of Northfield. Roughly 84% of students complete a degree within six years here. About 70 economics degrees were awarded at St Olaf College in the most recent year. Soon after graduation, economics degree recipients from St Olaf College generally make around $56,238. Students borrow a median of $27,000 to complete this degree. Get the full economics details for St Olaf College

5

University Of St Thomas Minnesota is one of the finest schools in the country for a degree in economics, ranking #5. Set in the city of Saint Paul, University Of St Thomas Minnesota is a large private not-for-profit institution. About 77% of students finish within six years. There were roughly 29 economics students who graduated with this degree at University Of St Thomas Minnesota in the most recent data year. Economics graduates of University Of St Thomas Minnesota earn a median of $60,323 early in their careers. Typical student debt for the program is $24,600. Get the full economics details for University Of St Thomas Minnesota

6

Gustavus Adolphus College placed #6 among the best economics schools. This small private not-for-profit university is located in the town of Saint Peter. Gustavus Adolphus College graduates 77% of students within six years. There were roughly 17 economics students who graduated with this degree at Gustavus Adolphus College in the most recent data year. Economics graduates of Gustavus Adolphus College earn a median of $52,439 early in their careers. Typical student debt for the program is $24,474. More information about a degree in economics from Gustavus Adolphus College

7

Minnesota State University Mankato ranked #7 on our 2027 list of the best economics schools. This large public university is located in the city of Mankato. About 54% of students finish within six years. There were roughly 12 economics students who graduated with this degree at Minnesota State University Mankato in the most recent data year. Students who receive their economics degree from Minnesota State University Mankato earn around $53,088 in the first couple years of their career. Typical student debt for the program is $21,474. Get the full economics details for Minnesota State University Mankato

8

University Of Minnesota Duluth landed the #8 spot for economics this year. Located in the city of Duluth, University Of Minnesota Duluth is a moderately-sized public university. The six-year graduation rate is 65%. University Of Minnesota Duluth awarded about 13 economics degrees in the most recent data year. Graduates of the economics program make about $50,873 in their early career. Typical student debt for the program is $25,250. Get the full economics details for University Of Minnesota Duluth

9
Saint Johns University crest
Saint Johns University
Collegeville, MN

Saint Johns University earned the #9 position for economics this year. This small private not-for-profit university is located in the rural area of Collegeville. The six-year graduation rate is 75%. There were roughly 17 economics students who graduated with this degree at Saint Johns University in the most recent data year. Students who receive their economics degree from Saint Johns University earn around $54,752 in the first couple years of their career. Typical student debt for the program is $27,000. See the full economics program report for Saint Johns University

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Notes and References

This list is compiled by College Factual (MF_RANKING_2025), 2027 edition. The methodology weighs graduation rate, post-graduation earnings, cost, and program quality, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).

Ranking method: College Major Top Ranked · 9 schools evaluated.

More about our data sources and methodologies.

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