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2023 Best Economics Master's Degree Schools

194 Colleges
$65,318 Avg Salary

Finding the Best Economics Master's Degree School for You

In 2020-2021, 6,173 people earned a degree or certificate in economics, making the major the #42 most popular in the United States.

With all the programs available today, it can be tough to choose which one is the best for you. As online education oppotunities continue to grow, you're not restricted to just schools in your local area anymore. Even some of the 'big name' schools are offering online courses. Also, there are a number of trade schools with offerings that you might find attractive.

Along with in-depth profiles of schools and the programs they offer, Grad Degree Search has created the Best Economics Master's Degree Schools to help you in your search for the best school for you. This report analyzed 194 schools in the United States to see which ones offered the best master's degree programs for students. Factors related to overall quality of the school, post-graduation earnings, average student debt, and more accumulated were considered when coming up with this list.

View our full ranking methodology.

2023 Best Economics Master’s Degree Schools in the United States

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

Top 25 Top Schools for a Master's in Economics

#1

Duke University

Durham, NC

Our 2023 rankings named Duke University the best school in the United States for economics students working on their master’s degree. Located in the large city of Durham, Duke is a private not-for-profit school with a large student population.

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#2

Rice University

Houston, TX

You’ll join some of the best and brightest minds around you if you attend Rice University. The school came in at #2 on this year’s Best Economics Master’s Degree Schools list. Located in the city of Houston, Rice is a private not-for-profit school with a medium-sized student population.

Read full report on Economics at Rice University

The excellent master’s degree programs at Teachers College at Columbia University helped the school earn the #3 place on this year’s ranking of the best economics schools in the United States. Teachers College is a small private not-for-profit school located in the large city of New York.

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#4

Princeton University

Princeton, NJ

You’ll join some of the best and brightest minds around you if you attend Princeton University. The school came in at #4 on this year’s Best Economics Master’s Degree Schools list. Princeton is a moderately-sized private not-for-profit school located in the city of Princeton.

Read full report on Economics at Princeton University

#5

Johns Hopkins University

Baltimore, MD

The excellent master’s degree programs at Johns Hopkins University helped the school earn the #5 place on this year’s ranking of the best economics schools in the United States. Johns Hopkins is a very large private not-for-profit school located in the city of Baltimore.

Read full report on Economics at Johns Hopkins University

Colorado School of Mines ranked #6 on this year’s Best Economics Master’s Degree Schools list. Located in the large suburb of Golden, Mines is a public school with a medium-sized student population.

Full Economics at Colorado School of Mines Report

#7

Yale University

New Haven, CT

Yale University ranked #7 on this year’s Best Economics Master’s Degree Schools list. Located in the city of New Haven, Yale is a private not-for-profit college with a large student population.

Read full report on Economics at Yale University

#8

Vanderbilt University

Nashville, TN

Vanderbilt University came in at #8 in this year’s edition of the Best Economics Master’s Degree Schools ranking. Located in the city of Nashville, Vanderbilt is a private not-for-profit college with a large student population.

Read full report on Economics at Vanderbilt University

With a ranking of #9, The Graduate Center, CUNY did quite well on this year’s best schools for economics students working on their master’s degree. Located in the large city of New York, The Graduate Center is a public school with a moderately-sized student population.

Full Economics at The Graduate Center, CUNY Report

#10

Harvard University

Cambridge, MA

Harvard University came in at #10 in this year’s edition of the Best Economics Master’s Degree Schools ranking. Located in the medium-sized city of Cambridge, Harvard is a private not-for-profit school with a fairly large student population.

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#11

Northwestern University

Evanston, IL

Northwestern University came in at #11 in this year’s edition of the Best Economics Master’s Degree Schools ranking. Located in the city of Evanston, Northwestern is a private not-for-profit school with a fairly large student population.

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#12

Carnegie Mellon University

Pittsburgh, PA

Carnegie Mellon University landed the #12 spot in the 2023 rankings for the best master’s degree economics programs. Carnegie Mellon is a large private not-for-profit school located in the city of Pittsburgh.

Read full report on Economics at Carnegie Mellon University

#13

University of Notre Dame

Notre Dame, IN

University of Notre Dame came in at #13 in this year’s edition of the Best Economics Master’s Degree Schools ranking. Located in the suburb of Notre Dame, Notre Dame is a private not-for-profit school with a fairly large student population.

Read full report on Economics at University of Notre Dame

#14

Cornell University

Ithaca, NY

With a ranking of #14, Cornell University did quite well on this year’s best schools for economics students working on their master’s degree. Located in the city of Ithaca, Cornell is a private not-for-profit school with a very large student population.

Full Economics at Cornell University Report

#15

Stanford University

Stanford, CA

Stanford University ranked #15 on this year’s Best Economics Master’s Degree Schools list. Stanford is a large private not-for-profit school located in the large suburb of Stanford.

Read full report on Economics at Stanford University

#16

University of Pennsylvania

Philadelphia, PA

University of Pennsylvania came in at #16 in this year’s edition of the Best Economics Master’s Degree Schools ranking. Located in the city of Philadelphia, UPenn is a private not-for-profit college with a fairly large student population.

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#17

Brown University

Providence, RI

Brown University ranked #17 on this year’s Best Economics Master’s Degree Schools list. Brown is a large private not-for-profit school located in the midsize city of Providence.

Read full report on Economics at Brown University

With a ranking of #18, University of California - Berkeley did quite well on this year’s best schools for economics students working on their master’s degree. Located in the medium-sized city of Berkeley, UC Berkeley is a public college with a fairly large student population.

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#19

University of Virginia - Main Campus

Charlottesville, VA

University of Virginia - Main Campus ranked #19 on this year’s Best Economics Master’s Degree Schools list. University of Virginia is a very large public school located in the small suburb of Charlottesville.

Full Economics at University of Virginia - Main Campus Report

With a ranking of #20, University of Michigan - Ann Arbor did quite well on this year’s best schools for economics students working on their master’s degree. Located in the medium-sized city of Ann Arbor, U-M is a public college with a fairly large student population.

Read full report on Economics at University of Michigan - Ann Arbor

#21

Tufts University

Medford, MA

Tufts University ranked #21 on this year’s Best Economics Master’s Degree Schools list. Tufts is a large private not-for-profit school located in the suburb of Medford.

Read full report on Economics at Tufts University

#22

University of Chicago

Chicago, IL

University of Chicago ranked #22 on this year’s Best Economics Master’s Degree Schools list. UChicago is a fairly large private not-for-profit school located in the city of Chicago.

Full Economics at University of Chicago Report

Washington University in St Louis did quite well in this year’s ranking of the best places for economics students to get a master’s degree. It came in at #23 on the list. WUSTL is a large private not-for-profit school located in the suburb of Saint Louis.

Read full report on Economics at Washington University in St Louis

Columbia University in the City of New York landed the #24 spot in the 2023 rankings for the best master’s degree economics programs. Columbia is a very large private not-for-profit school located in the city of New York.

Full Economics at Columbia University in the City of New York Report

#25

Georgetown University

Washington, DC

Georgetown University came in at #25 in this year’s edition of the Best Economics Master’s Degree Schools ranking. Georgetown is a very large private not-for-profit school located in the large city of Washington.

Full Economics at Georgetown University Report

Rest of the Top Best Economics Master's Degree Schools

#26

Boston College

Chestnut Hill, MA
#27

Emory University

Atlanta, GA
#28

University of Rochester

Rochester, NY

Additional Noteworthy Schools

These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Economics Master's Degree Schools award.

Rank College Location
30 University of Maryland - College Park College Park, MD
31 University of Southern California Los Angeles, CA
32 University of California - Los Angeles Los Angeles, CA
33 Marquette University Milwaukee, WI
34 Georgia Institute of Technology - Main Campus Atlanta, GA
35 University of Illinois at Urbana-Champaign Champaign, IL
36 University of California - Irvine Irvine, CA
37 University of California - Santa Barbara Santa Barbara, CA
38 University of Delaware Newark, DE

Economics by Region

View the Best Economics Master'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

Economics is one of 12 different types of programs to choose from.

Majors Similar to Economics

Related Major Annual Graduates
International Relations & National Security 5,010
Political Science & Government 2,664
Geography & Cartography 2,315
Sociology 1,907
Anthropology 1,446

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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