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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

Economics is the #65 most popular major in Pennsylvania with 181 degrees and certificates awarded in 2020-2021.

There are so many programs in today's world that it can tough to figure out which one is the right one for you. You can choose a traditional brick and mortar school, or with the growth of online education, you can attend a school half-way across the country without even leaving your house. Also there are many trade schools that offer short-term programs that open up more career options.

To help you arm yourself with the information you need to make your decision, Grad Degree Search has developed this 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 analysis found Temple University to be the best value school for economics students who want to pursue a master’s degree in Pennsylvania. 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 More…

#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 fairly large private not-for-profit school located in the city of Philadelphia.

UPenn graduate students pay an average of $42,932 in in-state tuition and fees each year.

UPenn did well in our overall quality rankings, too. It placed #2 on our Best Economics Master’s Degree Schools in Pennsylvania list.

Read More…

#3

Carnegie Mellon University

Pittsburgh, PA

You’ll be in good company if you decide to attend Carnegie Mellon University. It ranked #3 on our 2023 Best Value Economics Master’s Degree Schools in Pennsylvania list. Located in the city of Pittsburgh, Carnegie Mellon is a private not-for-profit college with a fairly large student population.

In-state tuition fees for graduate students at Carnegie Mellon are $47,347 per year.

In addition to its best value ranking, and one of the reasons why the school is on the list, Carnegie Mellon is ranked #1 for overall quality for economics in Pennsylvania.

Read full report on Economics at Carnegie Mellon University

A rank of #4 on this year’s list means University of Pittsburgh - Pittsburgh Campus is a great value for economics students working on their master’s degree. Pitt is a very large public school located in the city of Pittsburgh.

The average tuition and fees for an in-state graduate student at Pitt are $25,248 a year.

Read full report on Economics at University of Pittsburgh - Pittsburgh Campus

#5

Eastern University

Saint Davids, PA

The excellent master’s degree programs at Eastern University helped the school earn the #5 place on this year’s ranking of the best value economics schools in Pennsylvania. Located in the suburb of Saint Davids, EU is a private not-for-profit school with a small student population.

The average tuition and fees for an in-state graduate student at EU are $13,976 a year.

Read More…

#6

Drexel University

Philadelphia, PA

Drexel University came in at #6 in this year’s edition of the Best Value Economics Master’s Degree Schools in Pennsylvania ranking. Located in the large city of Philadelphia, Drexel is a private not-for-profit school with a very large student population.

The average tuition and fees for an in-state graduate student at Drexel are $37,074 a year.

Full Economics at Drexel University Report

Best Value Economics Colleges in the Middle Atlantic Region

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

State Degrees Awarded
New York 688
Maryland 388
New Jersey 82
District of Columbia 270
Delaware 42

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

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 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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