2023 Best Economics Schools
Finding the Best Economics School for You
Economics is the #19 most popular major in the country with 49,055 degrees and certificates awarded in 2020-2021.
Today's students have lots of options to pick from when considering higher education opportunities. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school that prepares you to enter the workforce with knowledge in a specific field.
The Best Economics Schools ranking is one of many tools that Course Advisor has developed to help you make your educational decision. Our analysis looked at 551 schools in the United States to see which programs offered the best educational experiences for students.
View our full ranking methodology.
2023 Best Economics Schools in the United States
The colleges and universities below are the best for economics majors pursuing a .
Top 25 Top Schools in Economics
Our analysis found Claremont McKenna College to be the best school for economics students who want to pursue a degree in the United States. Located in the suburb of Claremont, Claremont McKenna is a private not-for-profit college with a small student population.
After completing their degree, economics graduates from Claremont McKenna carry an average student debtload of $12,500.
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The excellent programs at Williams College helped the school earn the #2 place on this year’s ranking of the best economics schools in the United States. Located in the fringe town of Williamstown, Williams is a private not-for-profit school with a small student population.
While working on their degree, economics majors at Williams accumulate an average of around $14,000 in student debt.
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You’ll be in good company if you decide to attend Duke University. It ranked #3 on our 2023 Best Economics Schools list. Duke is a large private not-for-profit school located in the city of Durham.
After completing their degree, economics graduates from Duke carry an average student debtload of $12,000.
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The excellent programs at Rice University helped the school earn the #4 place on this year’s ranking of the best economics schools in the United States. Rice is a medium-sized private not-for-profit school located in the city of Houston.
On average, economics graduates from Rice take out $13,000 in student loans while working on their degree.
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You’ll be in good company if you decide to attend Dartmouth College. It ranked #5 on our 2023 Best Economics Schools list. Dartmouth is a moderately-sized private not-for-profit school located in the town of Hanover.
Economics majors at Dartmouth take out an average of $15,500 in student loans while working on their egree. The average monthly payment of a loan this size is about $548, assuming that the borrower is on a 10-year repayment plan.
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Princeton University did quite well in this year’s ranking of the best schools for economics students. It came in at #6 on the list. Located in the city of Princeton, Princeton is a private not-for-profit college with a moderately-sized student population.
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Teachers College at Columbia University ranked #7 on this year’s Best Economics Schools list. Located in the large city of New York, Teachers College is a private not-for-profit school with a small student population.
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University of Chicago ranked #8 on this year’s Best Economics Schools list. Located in the large city of Chicago, UChicago is a private not-for-profit college with a large student population.
After completing their degree, economics graduates from UChicago carry an average student debtload of $16,256. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $708.
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Yale University landed the #9 spot in the 2023 rankings for the best economics programs. Yale is a fairly large private not-for-profit school located in the midsize city of New Haven.
While working on their degree, economics majors at Yale accumulate an average of around $16,471 in student debt.
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University of Notre Dame landed the #10 spot in the 2023 rankings for the best economics programs. Notre Dame is a fairly large private not-for-profit school located in the suburb of Notre Dame.
While working on their degree, economics majors at Notre Dame accumulate an average of around $19,000 in student debt. This translates to an average monthly loan payment of $593, based on a 10-year repayment plan.
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Pomona College landed the #11 spot in the 2023 rankings for the best economics programs. Pomona is a small private not-for-profit school located in the large suburb of Claremont.
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With a ranking of #12, Johns Hopkins University did quite well on this year’s best schools for economics students. Located in the city of Baltimore, Johns Hopkins is a private not-for-profit school with a fairly large student population.
On average, economics graduates from Johns Hopkins take out $16,250 in student loans while working on their degree.
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Vanderbilt University did quite well in this year’s ranking of the best schools for economics students. It came in at #13 on the list. Vanderbilt is a fairly large private not-for-profit school located in the large city of Nashville.
Economics majors at Vanderbilt take out an average of $13,000 in student loans while working on their egree. The average monthly payment of a loan this size is about $603, assuming that the borrower is on a 10-year repayment plan.
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With a ranking of #14, Northwestern University did quite well on this year’s best schools for economics students. Northwestern is a very large private not-for-profit school located in the small city of Evanston.
The average amount in student loans that economics majors at Northwestern take out is $15,500. For students who choose a 10-year repayment plan, the average monthly student loan payment is $456.
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Colorado School of Mines did quite well in this year’s ranking of the best schools for economics students. It came in at #15 on the list. Mines is a medium-sized public school located in the suburb of Golden.
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Amherst College did quite well in this year’s ranking of the best schools for economics students. It came in at #16 on the list. Located in the large suburb of Amherst, Amherst is a private not-for-profit school with a small student population.
On average, economics graduates from Amherst take out $16,747 in student loans while working on their degree.
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With a ranking of #17, The Graduate Center, CUNY did quite well on this year’s best schools for economics students. The Graduate Center is a medium-sized public school located in the city of New York.
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Harvard University ranked #18 on this year’s Best Economics Schools list. Harvard is a very large private not-for-profit school located in the midsize city of Cambridge.
On average, economics graduates from Harvard take out $7,500 in student loans while working on their degree.
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Carnegie Mellon University ranked #19 on this year’s Best Economics Schools list. Located in the large city of Pittsburgh, Carnegie Mellon is a private not-for-profit school with a large student population.
While working on their degree, economics majors at Carnegie Mellon accumulate an average of around $23,250 in student debt.
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With a ranking of #20, Bowdoin College did quite well on this year’s best schools for economics students. Bowdoin is a small private not-for-profit school located in the town of Brunswick.
Economics majors at Bowdoin take out an average of $17,500 in student loans while working on their egree.
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Cornell University ranked #21 on this year’s Best Economics Schools list. Cornell is a fairly large private not-for-profit school located in the small city of Ithaca.
The average amount in student loans that economics majors at Cornell take out is $15,402. The average monthly payment of a loan this size is about $429, assuming that the borrower is on a 10-year repayment plan.
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Colgate University came in at #22 in this year’s edition of the Best Economics Schools ranking. Colgate is a small private not-for-profit school located in the distant town of Hamilton.
After completing their degree, economics graduates from Colgate carry an average student debtload of $16,763.
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With a ranking of #23, University of Pennsylvania did quite well on this year’s best schools for economics students. UPenn is a fairly large private not-for-profit school located in the large city of Philadelphia.
The average amount in student loans that economics majors at UPenn take out is $15,684.
Full Economics at University of Pennsylvania Report
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Brown University ranked #24 on this year’s Best Economics Schools list. Located in the medium-sized city of Providence, Brown is a private not-for-profit school with a large student population.
After completing their degree, economics graduates from Brown carry an average student debtload of $17,250.
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With a ranking of #25, University of California - Berkeley did quite well on this year’s best schools for economics students. UC Berkeley is a fairly large public school located in the city of Berkeley.
While working on their degree, economics majors at UC Berkeley accumulate an average of around $11,000 in student debt. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $378.
Full Economics at University of California - Berkeley Report
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Additional Award Winners
This list 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 551 different United States economics schools we analyzed.
Honorable Mentions
Here are some additional great schools for Economics students that almost earned our Best Economics Schools award.
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 |
More Economics Rankings
Rankings in Majors Related to Economics
One of 12 majors within the area of study, economics has other similar majors worth exploring.
Most Popular Majors Related to Economics
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 49,282 |
| Sociology | 38,475 |
| General Social Sciences | 18,997 |
| International Relations & National Security | 14,306 |
| Anthropology | 11,415 |
Notes and References
*These averages are for the top 25 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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