2023 Best Value Economics Doctor's Degree Schools in Michigan
Identifying Quality Schools at More Affordable Prices
Finding the Best Economics Doctor's Degree School for You
With 1,496 degrees and certificates handed out in 2020-2021, economics is the #15 most popular major in Michigan.
There are lots of options to pick from today when trying to decide which program is right for you. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Or you may find the programs at a trade school to be a better alternative for you.
To assist you in seeing some of the education options that are available to you, Course Advisor has created its Best Value Economics Doctor's Degree Schools in Michigan ranking. This report analyzed 4 schools in Michigan 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. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.
Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.
Best Michigan Schools for Affordable Quality for a Doctorate in Economics
Our analysis found Michigan State University to be the best value school for economics students who want to pursue a doctor’s degree in Michigan. Michigan State is a very large public school located in the city of East Lansing.
In-state tuition fees for graduate students at Michigan State are $19,714 per year.
Michigan State also took the #3 spot in our Best Economics Doctor’s Degree Schools in Michigan rankings.
Full Economics at Michigan State University Report
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You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #2 on our 2023 Best Value Economics Doctor’s Degree Schools in Michigan list. Located in the midsize city of Ann Arbor, U-M is a public school with a very large student population.
U-M graduate students pay an average of $25,230 in in-state tuition and fees each year.
In addition to its best value ranking, and one of the reasons why the school is on the list, U-M is ranked #1 for overall quality for economics in Michigan.
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You’ll join some of the best and brightest minds around you if you attend Western Michigan University. The school came in at #3 on this year’s Best Value Economics Doctor’s Degree Schools in Michigan list. WMU is a fairly large public school located in the small city of Kalamazoo.
In-state tuition fees for graduate students at WMU are $17,807 per year.
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A rank of #4 on this year’s list means Wayne State University is a great value for economics students working on their doctor’s degree. Wayne State is a very large public school located in the large city of Detroit.
The average tuition and fees for an in-state graduate student at Wayne State are $18,937 a year.
Full Economics at Wayne State University Report
Request InformationBest Value Economics Colleges in the Great Lakes Region
Explore all the Best Value Economics Schools in the Great Lakes Area or other specific states within that region.
| State | Degrees Awarded |
|---|---|
| Ohio | 1,136 |
| Illinois | 2,155 |
| Indiana | 889 |
| Wisconsin | 1,225 |
More Economics Rankings in Michigan
Economics Related Majors for Economics
Economics is one of 12 different types of programs to choose from.
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 4 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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