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Best Value Economics Schools in the Southwest Region

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2023 Best Value Economics Schools in the Southwest Region

Identifying Quality Schools at More Affordable Prices

15 Colleges
$31,419 Avg Tuition & Fees*
$48,930 Avg Salary

Finding the Best Economics School for You

Out of all the majors we analyze each year, economics was ranked #42 in the country. In fact 6,173 degrees and certificates were handed out in 2020-2021.

There are lots of options to pick from today when trying to decide which program is right 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.

To assist you in seeing some of the education options that are available to you, Grad Degree Search has created its Best Value Economics Schools in the Southwest Region ranking. Our analysis looked at 15 schools in the Southwest Region to see which 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.

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.

2023 Best Value Economics Schools in the Southwest Region

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

Top 10 Best Economics Schools

Our analysis found The University of Texas at Austin to be the best value school for economics students who want to pursue a degree in the Southwest Region . Located in the large city of Austin, UT Austin is a public school with a very large student population.

The average tuition and fees for an out-of-state undergraduate student at UT Austin are $40,996 a year.

In addition to its best value ranking, and one of the reasons why the school is on the list, UT Austin is ranked #2 for overall quality for economics in the Southwest Region .

Full Economics at The University of Texas at Austin Report

#2

University of Houston

Houston, TX

You’ll join some of the best and brightest minds around you if you attend University of Houston. The school came in at #2 on this year’s Best Value Economics Schools in the Southwest Region list. UH is a very large public school located in the large city of Houston.

The average tuition and fees for an out-of-state undergraduate student at UH are $21,891 a year.

As a testament to the quality of education it offers, UH also is in the top 15% of our Best Economics Schools in the Southwest Region ranking.

Full Economics at University of Houston Report

Out of the 15 schools in the Southwest Region that were part of this year’s ranking, Texas A&M University - College Station landed the # 3 spot on the list. Texas A&M College Station is a very large public school located in the medium-sized city of College Station.

Out-of-state tuition fees for undergraduate students at Texas A&M College Station are $38,855 per year.

Texas A&M College Station did well in our overall quality rankings, too. It placed #5 on our Best Economics Schools in the Southwest Region list.

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$20,906 Average Tuition & Fees

You’ll be in good company if you decide to attend University of North Texas. It ranked #4 on our 2023 Best Value Economics Schools in the Southwest Region list. UNT is a very large public school located in the medium-sized city of Denton.

The average tuition and fees for an out-of-state undergraduate student at UNT are $20,906 a year.

Read full report on Economics at University of North Texas

#5

Texas Tech University

Lubbock, TX

The excellent programs at Texas Tech University helped the school earn the #5 place on this year’s ranking of the best economics schools in the Southwest Region . Located in the city of Lubbock, Texas Tech is a public college with a very large student population.

The average tuition and fees for an out-of-state undergraduate student at Texas Tech are $24,121 a year.

On top of its placing in our value ranking, Texas Tech also did well on our Best Economics Schools in the Southwest Region list. It’s in the top 10% of all schools reviewed in this analysis.

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#6

Rice University

Houston, TX

Rice University came in at #6 in this year’s edition of the Best Value Economics Schools in the Southwest Region ranking. Located in the large city of Houston, Rice is a private not-for-profit school with a moderately-sized student population.

Out-of-state tuition fees for undergraduate students at Rice are $52,895 per year.

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

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$23,767 Average Tuition & Fees

New Mexico State University - Main Campus came in at #7 in this year’s edition of the Best Value Economics Schools in the Southwest Region ranking. NMSU Main Campus is a large public school located in the medium-sized suburb of Las Cruces.

Out-of-state tuition fees for undergraduate students at NMSU Main Campus are $23,767 per year.

Full Economics at New Mexico State University - Main Campus Report

With a ranking of #8, University of Oklahoma Norman Campus did quite well on this year’s best value schools for economics students. University of Oklahoma is a fairly large public school located in the midsize suburb of Norman.

University of Oklahoma undergraduate students pay an average of $25,116 in tuition and fees each year.

Full Economics at University of Oklahoma Norman Campus Report

Arizona State University - Tempe did quite well in this year’s ranking of the best value schools for economics students. It came in at #9 on the list. Located in the city of Tempe, ASU - Tempe is a public school with a very large student population.

Out-of-state tuition fees for undergraduate students at ASU - Tempe are $29,438 per year.

Full Economics at Arizona State University - Tempe Report

Southern Methodist University landed the #10 spot in the 2023 rankings for the best value economics programs. Located in the large suburb of Dallas, SMU is a private not-for-profit school with a large student population.

The average tuition and fees for an out-of-state undergraduate student at SMU are $60,236 a year.

In addition to its great value ranking, SMU is in the top 10% of all schools on our Best Economics Schools in the Southwest Region list.

Full Economics at Southern Methodist University Report

Best Economics Colleges by State

Explore the best economics colleges for a specific state in the Southwest region.

State Degrees Awarded
Texas 350
Arizona 48
Oklahoma 19
New Mexico 30

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

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 15 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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