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2023 Best Value Economics Doctor's Degree Schools

Identifying Quality Schools at More Affordable Prices

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

Finding the Best Economics Doctor'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 Value Economics Doctor's Degree Schools to help you in your search for the best school for you. Our analysis looked at 122 schools in the United States to see which doctor'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.

Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. 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.

In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. Average in-state tuition and fees are used for our statewide rankings.

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

The colleges and universities below are the best value schools for economics majors pursuing a doctor's degree.

Top 15% Best Economics Doctor's Degree Schools

Our analysis found The Graduate Center, CUNY to be the best value school for economics students who want to pursue a doctor’s degree in the United States. Located in the city of New York, The Graduate Center is a public school with a moderately-sized student population.

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

On top of its placing in our value ranking, The Graduate Center 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.

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You’ll join some of the best and brightest minds around you if you attend Northern Illinois University. The school came in at #2 on this year’s Best Value Economics Doctor’s Degree Schools list. NIU is a fairly large public school located in the small suburb of Dekalb.

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

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You’ll be in good company if you decide to attend University of Delaware. It ranked #3 on our 2023 Best Value Economics Doctor’s Degree Schools list. Located in the suburb of Newark, UD is a public college with a very large student population.

Out-of-state tuition fees for graduate students at UD are $18,128 per year.

UD excels when it comes to quality. It’s ranked in the top 20% of all schools on our Best Economics Doctor’s Degree Schools list.

Full Economics at University of Delaware Report

You’ll be in good company if you decide to attend University of California - Berkeley. It ranked #4 on our 2023 Best Value Economics Doctor’s Degree Schools list. Located in the medium-sized city of Berkeley, UC Berkeley is a public school with a fairly large student population.

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

As a testament to the quality of education it offers, UC Berkeley also is in the top 5% of our Best Economics Doctor’s Degree Schools ranking.

Read full report on Economics at University of California - Berkeley

#5

Cornell University

Ithaca, NY

The excellent doctor’s degree programs at Cornell University helped the school earn the #5 place on this year’s ranking of the best value economics schools in the United States. Located in the city of Ithaca, Cornell is a private not-for-profit school with a fairly large student population.

Out-of-state tuition fees for graduate students at Cornell are $30,006 per year.

Cornell 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.

Full Economics at Cornell University Report

Teachers College at Columbia University landed the #6 spot in the 2023 rankings for the best value doctor’s degree economics programs. Teachers College is a small private not-for-profit school located in the city of New York.

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

As a testament to the quality of education it offers, Teachers College also is in the top 5% of our Best Economics Doctor’s Degree Schools ranking.

Full Economics at Teachers College at Columbia University Report

With a ranking of #7, The University of Texas at Austin did quite well on this year’s best value schools for economics students working on their doctor’s degree. Located in the large city of Austin, UT Austin is a public school with a fairly large student population.

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

On top of its placing in our value ranking, UT Austin also did well on our Best Economics Doctor’s Degree Schools list. It’s in the top 10% of all schools reviewed in this analysis.

Read full report on Economics at The University of Texas at Austin

University of Nebraska - Lincoln ranked #8 on this year’s Best Value Economics Doctor’s Degree Schools list. UNL is a very large public school located in the city of Lincoln.

UNL graduate students pay an average of $19,541 in tuition and fees each 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. Located in the city of Madison, UW - Madison is a public college with a very large student population.

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

As a testament to the quality of education it offers, UW - Madison also is in the top 15% of our Best Economics Doctor’s Degree Schools ranking.

Full Economics at University of Wisconsin - Madison Report

With a ranking of #10, Colorado School of Mines did quite well on this year’s best value schools for economics students working on their doctor’s degree. Located in the large suburb of Golden, Mines is a public college with a moderately-sized student population.

Mines graduate students pay an average of $40,844 in tuition and fees each year.

Mines also claimed a spot on our Best Economics Doctor’s Degree Schools list. It’s in the top 10% of all schools in this category.

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#11

University of Virginia - Main Campus

Charlottesville, VA

University of Virginia - Main Campus landed the #11 spot in the 2023 rankings for the best value doctor’s degree economics programs. University of Virginia is a fairly large public school located in the suburb of Charlottesville.

Out-of-state tuition fees for graduate students at University of Virginia are $33,520 per year.

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

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

#12

Texas Tech University

Lubbock, TX

Texas Tech University ranked #12 on this year’s Best Value Economics Doctor’s Degree Schools list. Located in the city of Lubbock, Texas Tech is a public school with a very large student population.

The average tuition and fees for an out-of-state graduate students at Texas Tech are $17,698 a year.

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University of California - Los Angeles landed the #13 spot in the 2023 rankings for the best value doctor’s degree economics programs. Located in the city of Los Angeles, UCLA is a public college with a fairly large student population.

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

UCLA also claimed a spot on our Best Economics Doctor’s Degree Schools list. It’s in the top 15% of all schools in this category.

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With a ranking of #14, University of California - Santa Barbara did quite well on this year’s best value schools for economics students working on their doctor’s degree. Located in the suburb of Santa Barbara, UCSB is a public school with a very large student population.

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

UCSB also claimed a spot on our Best Economics Doctor’s Degree Schools list. It’s in the top 15% of all schools in this category.

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#14

Yale University

New Haven, CT

Yale University 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. Located in the medium-sized city of New Haven, Yale is a private not-for-profit school with a fairly large student population.

Yale graduate students pay an average of $45,700 in tuition and fees each year.

Yale 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 Yale University

#16

Rice University

Houston, TX

Rice University ranked #16 on this year’s Best Value Economics Doctor’s Degree Schools list. Located in the large city of Houston, Rice is a private not-for-profit college with a moderately-sized student population.

The average tuition and fees for an out-of-state graduate students at Rice are $49,941 a year.

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

Full Economics at Rice University Report

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. Located in the small city of Chapel Hill, UNC Chapel Hill is a public school with a very large student population.

Out-of-state tuition fees for graduate students at UNC Chapel Hill are $30,858 per year.

On top of its placing in our value ranking, UNC Chapel Hill also did well on our Best Economics Doctor’s Degree Schools list. It’s in the top 20% of all schools reviewed in this analysis.

Full Economics at University of North Carolina at Chapel Hill Report

#18

University of Wyoming

Laramie, WY

With a ranking of #18, University of Wyoming did quite well on this year’s best value schools for economics students working on their doctor’s degree. UW is a large public school located in the remote town of Laramie.

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

Full Economics at University of Wyoming Report

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 Value Economics Doctor's Degree Schools award.

Rank College Location
19 University of Houston Houston, TX
20 University of Pennsylvania Philadelphia, PA
20 University of Nevada - Reno Reno, NV
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

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 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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