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Best Value Economics Master's Degree Schools in Pennsylvania

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2023 Best Value Economics Master's Degree Schools in Pennsylvania

Highlighting Quality Schools With More Affordable Pricing

6 Colleges
$30,809 Avg Tuition & Fees*
$65,318 Avg Salary

Finding the Best Economics Master's Degree School for You

With 2,416 degrees and certificates handed out in 2020-2021, economics is the #16 most popular major in Pennsylvania.

There are so many programs in today's world that it can tough to figure out which one is the right one for you. 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.

To assist you in seeing some of the education options that are available to you, Course Advisor has created its Best Value Economics Master's Degree Schools in Pennsylvania ranking. Our analysis looked at 6 schools in Pennsylvania to see which master's degree programs offered the best value experiences for economics students with the aim of identifying those quality schools that are more affordable than some of their counterparts.

This ranking is not just a list of inexpensive schools. We also consider each school's quality, since we believe a low-quality school may not be a 'bargain' at any price. 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.

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

2023 Best Value Economics Master’s Degree Schools in Pennsylvania

Check out the economics master's degree programs at these schools if you want to get the best value for your educational dollar.

Best Pennsylvania Schools for Affordable Quality for a Master's in Economics

#1

Temple University

Philadelphia, PA

Our 2023 rankings named Temple University the best value school in Pennsylvania for economics students working on their master’s degree. Located in the city of Philadelphia, Temple is a public college with a fairly large student population.

In-state tuition fees for graduate students at Temple are $18,278 per year.

Read full report on Economics at Temple University

#2

University of Pennsylvania

Philadelphia, PA

You’ll be in good company if you decide to attend University of Pennsylvania. It ranked #2 on our 2023 Best Value Economics Master’s Degree Schools in Pennsylvania list. UPenn is a very large private not-for-profit school located in the large city of Philadelphia.

The average tuition and fees for an in-state graduate student at UPenn are $42,932 a year.

UPenn also took the #2 spot in our Best Economics Master’s Degree Schools in Pennsylvania rankings.

Full Economics at University of Pennsylvania Report

#3

Carnegie Mellon University

Pittsburgh, PA

The excellent master’s degree programs at Carnegie Mellon University helped the school earn the #3 place on this year’s ranking of the best value economics schools in Pennsylvania. Located in the city of Pittsburgh, Carnegie Mellon is a private not-for-profit college with a fairly large student population.

Carnegie Mellon graduate students pay an average of $47,347 in in-state tuition and fees each year.

Carnegie Mellon also took the #1 spot in our Best Economics Master’s Degree Schools in Pennsylvania rankings.

Full Economics at Carnegie Mellon University Report

Out of the 6 schools in Pennsylvania that were part of this year’s ranking, University of Pittsburgh - Pittsburgh Campus landed the # 4 spot on the list. Pitt is a very large public school located in the large city of Pittsburgh.

In-state tuition fees for graduate students at Pitt are $25,248 per year.

Read More…

#5

Eastern University

Saint Davids, PA

You’ll join some of the best and brightest minds around you if you attend Eastern University. The school came in at #5 on this year’s Best Value Economics Master’s Degree Schools in Pennsylvania list. Located in the suburb of Saint Davids, EU is a private not-for-profit college with a small student population.

EU graduate students pay an average of $13,976 in in-state tuition and fees each year.

Read More…

#6

Drexel University

Philadelphia, PA

With a ranking of #6, Drexel University did quite well on this year’s best value schools for economics students working on their master’s degree. Located in the city of Philadelphia, Drexel is a private not-for-profit college with a very large student population.

In-state tuition fees for graduate students at Drexel are $37,074 per year.

Full Economics at Drexel University Report

Best Value Economics Colleges in the Middle Atlantic Region

Explore all the Best Value Economics Colleges in the Middle Atlantic Area or other specific states within that region.

State Degrees Awarded
New York 5,245
Maryland 1,617
New Jersey 843
District of Columbia 739
Delaware 173

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 6 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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