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Best Value Economics Doctor's Degree Schools

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2023 Best Value Economics Doctor's Degree Schools

Highlighting Quality Schools With More Affordable Pricing

122 Colleges
$28,599 Avg Tuition & Fees*
$99,068 Avg Salary

Finding the Best Economics Doctor's Degree 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 Value Economics Doctor's Degree Schools ranking is one of many tools that Course Advisor has developed to help you make your educational decision. This report analyzed 122 schools in the United States to see which ones offered the best value doctor's degree programs for economics students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.

Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. For statewide rankings, we use average in-state tuition and fees.

2023 Best Value Economics Doctor’s Degree Schools in the United States

The following schools top our list of the Best Value Economics Doctor's Degree Colleges.

Top 15% Best Economics Doctor's Degree Schools

Our 2023 rankings named The Graduate Center, CUNY the best value school in the United States for economics students working on their doctor’s degree. The Graduate Center is a medium-sized public school located in the large city of New York.

The average tuition and fees for an out-of-state graduate students at The Graduate Center are $23,640 a year.

The Graduate Center excels when it comes to quality. It’s ranked in the top 5% of all schools on our Best Economics Doctor’s Degree Schools list.

Full Economics at The Graduate Center, CUNY Report

A rank of #2 on this year’s list means Northern Illinois University is a great value for economics students working on their doctor’s degree. Located in the suburb of Dekalb, NIU is a public school with a large student population.

NIU graduate students pay an average of $11,390 in tuition and fees each year.

Full Economics at Northern Illinois University Report

You’ll join some of the best and brightest minds around you if you attend University of Delaware. The school came in at #3 on this year’s Best Value Economics Doctor’s Degree Schools list. UD is a very large public school located in the suburb of Newark.

UD graduate students pay an average of $18,128 in tuition and fees each year.

UD also claimed a spot on our Best Economics Doctor’s Degree Schools list. It’s in the top 20% of all schools in this category.

Read More…

Out of the 122 schools in the United States that were part of this year’s ranking, University of California - Berkeley landed the # 4 spot on the list. UC Berkeley is a fairly large public school located in the midsize city of Berkeley.

UC Berkeley graduate students pay an average of $29,262 in tuition and fees each year.

UC Berkeley excels when it comes to quality. It’s ranked in the top 5% of all schools on our Best Economics Doctor’s Degree Schools list.

Full Economics at University of California - Berkeley Report

#5

Cornell University

Ithaca, NY

Out of the 122 schools in the United States that were part of this year’s ranking, Cornell University landed the # 5 spot on the list. Cornell is a very large private not-for-profit school located in the small city of Ithaca.

Cornell graduate students pay an average of $30,006 in tuition and fees each year.

In addition to its great value ranking, Cornell is in the top 5% of all schools on our Best Economics Doctor’s Degree Schools list.

Read full report on Economics at Cornell University

Teachers College at Columbia University came in at #6 in this year’s edition of the Best Value Economics Doctor’s Degree Schools ranking. Located in the large city of New York, Teachers College is a private not-for-profit college with a small student population.

Out-of-state tuition fees for graduate students at Teachers College are $35,054 per year.

In addition to its great value ranking, Teachers College is in the top 5% of all schools on our Best Economics Doctor’s Degree Schools list.

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The University of Texas at Austin ranked #7 on this year’s Best Value Economics Doctor’s Degree Schools list. UT Austin is a fairly large public school located in the large city of Austin.

Out-of-state tuition fees for graduate students at UT Austin are $22,944 per year.

As a testament to the quality of education it offers, UT Austin also is in the top 10% of our Best Economics Doctor’s Degree Schools ranking.

Full Economics at The University of Texas at Austin Report

University of Nebraska - Lincoln landed the #8 spot in the 2023 rankings for the best value doctor’s degree economics programs. Located in the city of Lincoln, UNL is a public college with a fairly large student population.

The average tuition and fees for an out-of-state graduate students at UNL are $19,541 a year.

Read full report on Economics at University of Nebraska - Lincoln

University of Wisconsin - Madison ranked #9 on this year’s Best Value Economics Doctor’s Degree Schools list. UW - Madison is a very large public school located in the large city of Madison.

The average tuition and fees for an out-of-state graduate students at UW - Madison are $25,501 a year.

In addition to its great value ranking, UW - Madison is in the top 15% of all schools on our Best Economics Doctor’s Degree Schools list.

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Colorado School of Mines did quite well in this year’s ranking of the best places for economics students to get a doctor’s degree. It came in at #10 on the list. Mines is a medium-sized public school located in the suburb of Golden.

Out-of-state tuition fees for graduate students at Mines are $40,844 per year.

In addition to its great value ranking, Mines is in the top 10% of all schools on our Best Economics Doctor’s Degree Schools list.

Read full report on Economics at Colorado School of Mines

#11

University of Virginia - Main Campus

Charlottesville, VA

With a ranking of #11, University of Virginia - Main Campus did quite well on this year’s best value schools for economics students working on their doctor’s degree. Located in the suburb of Charlottesville, University of Virginia is a public college with a very large student population.

The average tuition and fees for an out-of-state graduate students at University of Virginia are $33,520 a year.

University of Virginia also claimed a spot on our Best Economics Doctor’s Degree Schools list. It’s in the top 5% of all schools in this category.

Read full report on Economics at University of Virginia - Main Campus

#12

Texas Tech University

Lubbock, TX

With a ranking of #12, Texas Tech University did quite well on this year’s best value schools for economics students working on their doctor’s degree. Texas Tech is a very large public school located in the large city of Lubbock.

Out-of-state tuition fees for graduate students at Texas Tech are $17,698 per year.

Read full report on Economics at Texas Tech University

University of California - Los Angeles came in at #13 in this year’s edition of the Best Value Economics Doctor’s Degree Schools ranking. UCLA is a fairly large public school located in the city of Los Angeles.

Out-of-state tuition fees for graduate students at UCLA are $28,138 per year.

In addition to its great value ranking, UCLA is in the top 15% of all schools on our Best Economics Doctor’s Degree Schools list.

Read full report on Economics at University of California - Los Angeles

University of California - Santa Barbara did quite well in this year’s ranking of the best places for economics students to get a doctor’s degree. It came in at #14 on the list. UCSB is a fairly large public school located in the medium-sized suburb of Santa Barbara.

Out-of-state tuition fees for graduate students at UCSB are $28,683 per year.

UCSB excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Economics Doctor’s Degree Schools list.

Full Economics at University of California - Santa Barbara Report

#14

Yale University

New Haven, CT

Yale University landed the #14 spot in the 2023 rankings for the best value doctor’s degree economics programs. Yale is a fairly large private not-for-profit school located in the city of New Haven.

The average tuition and fees for an out-of-state graduate students at Yale are $45,700 a year.

On top of its placing in our value ranking, Yale also did well on our Best Economics Doctor’s Degree Schools list. It’s in the top 5% of all schools reviewed in this analysis.

Full Economics at Yale University Report

#16

Rice University

Houston, TX

Rice University landed the #16 spot in the 2023 rankings for the best value doctor’s degree economics programs. Rice is a moderately-sized private not-for-profit school located in the city of Houston.

Out-of-state tuition fees for graduate students at Rice are $49,941 per year.

Rice also took the #4 spot in our Best Economics Doctor’s Degree Schools rankings.

Read full report on Economics at Rice University

With a ranking of #17, University of North Carolina at Chapel Hill did quite well on this year’s best value schools for economics students working on their doctor’s degree. UNC Chapel Hill is a fairly large public school located in the small city of Chapel Hill.

UNC Chapel Hill graduate students pay an average of $30,858 in tuition and fees each year.

As a testament to the quality of education it offers, UNC Chapel Hill also is in the top 20% of our Best Economics Doctor’s Degree Schools ranking.

Read More…

#18

University of Wyoming

Laramie, WY

University of Wyoming came in at #18 in this year’s edition of the Best Value Economics Doctor’s Degree Schools ranking. Located in the town of Laramie, UW is a public school with a fairly large student population.

UW graduate students pay an average of $17,569 in tuition and fees each year.

Read More…

Honorable Mentions

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

Rank College Location
19 University of Houston Houston, TX
20 University of Nevada - Reno Reno, NV
20 University of Pennsylvania Philadelphia, PA
22 Clemson University Clemson, SC
23 Iowa State University Ames, IA
24 Purdue University - Main Campus West Lafayette, IN

Economics by Region

View the Best Value Economics Doctor'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

One of 12 majors within the area of study, economics has other similar majors worth exploring.

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 28 schools only.

  • 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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