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2023 Best Economics Master's Degree Schools

180 Colleges in the United States
4,803 Master's Degrees
$65,318 Avg Early-Career Salary
a master's degree in economics is more popular than many other degrees. In fact, it ranks #41 out of 343 on popularity of all such degrees in the nation. As a result, there are many college that offer the degree, making your choice of school a hard one.

College Factual looked at 180 colleges and universities when compiling its 2023 Best Economics Master's Degree Schools ranking. Combined, these schools handed out 4,803 master's degrees in economics to qualified students.

What's on this page: * Our Methodology

Choosing a Great Economics School for Your Master's Degree

Best Economics Master's Degree Schools Your choice of economics for getting your master's degree school matters. Important measures of a quality economics program can vary widely even among the top schools. To make it into this list, a school must excel in the following areas.

A Great Overall School

The overall quality of a master's degree school is important to ensure a good education, not just how well they do in a particular major. To take this into account we include a school's overall Best Colleges for a Master's Degree ranking which itself looks at a host of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.

Early-Career Earnings

One measure we use to determine the quality of a school is to look at the average salary of master's graduates during the early years of their career. That is, everyone wants their master's degree to be worth something, and salaries are one measure of determining that.

Other Factors We Consider

The metrics below are just some of the other metrics that we use to determine our rankings.

Our full ranking methodology documents in more detail how we consider these factors to identify the best colleges for economics students working on their master's degree.

More Ways to Rank Economics Schools

Rankings by Location Check Out Other Locales
More Economics Rankings Other Ranking Categories

The economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we've developed a number of major-specific rankings, including this list of the Best Economics Master's Degree Schools.

Best Schools for Master’s Students to Study Economics in the United States

Learn about the top ranked colleges and universities for economics students seeking a a master's degree. Only those schools that rank in the top 15% of all the schools we analyze get awarded with a place on this list.

25 Top Schools for a Master's in Economics

1
Duke crest
Duke University
Durham, NC
78 Annual Graduates

Duke University is a wonderful decision for students pursuing a master's degree in economics. Duke is a fairly large private not-for-profit university located in the city of Durham.More information about a master’s in economics from Duke University

2

Johns Hopkins University is a good option for individuals interested in a master's degree in economics. Located in the city of Baltimore, Johns Hopkins is a private not-for-profit university with a fairly large student population.

Those economics students who get their master's degree from Johns Hopkins University make $30,083 more than the typical economics student.

More information about a master’s in economics from Johns Hopkins University

3
Harvard crest
Harvard University
Cambridge, MA
70 Annual Graduates

Harvard University is a great option for individuals pursuing a master's degree in economics. Located in the city of Cambridge, Harvard is a private not-for-profit university with a very large student population.More information about a master’s in economics from Harvard University

4
131 Annual Graduates

It is difficult to beat Columbia University in the City of New York if you wish to pursue a master's degree in economics. Columbia is a very large private not-for-profit university located in the city of New York.More information about a master’s in economics from Columbia University in the City of New York

5
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Rice University
Houston, TX
28 Annual Graduates

Located in the city of Houston, Rice is a private not-for-profit university with a medium-sized student population.More information about a master’s in economics from Rice University

6
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Vanderbilt University
Nashville, TN
47 Annual Graduates

Located in the city of Nashville, Vanderbilt is a private not-for-profit university with a fairly large student population.More information about a master’s in economics from Vanderbilt University

7
Yale crest
Yale University
New Haven, CT
39 Annual Graduates

Yale is a large private not-for-profit university located in the midsize city of New Haven.More information about a master’s in economics from Yale University

8
32 Annual Graduates

Located in the city of Evanston, Northwestern is a private not-for-profit university with a very large student population.More information about a master’s in economics from Northwestern University

9
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University of Pennsylvania
Philadelphia, PA
24 Annual Graduates

UPenn is a very large private not-for-profit university located in the city of Philadelphia.More information about a master’s in economics from University of Pennsylvania

10
68 Annual Graduates

UChicago is a fairly large private not-for-profit university located in the large city of Chicago.More information about a master’s in economics from University of Chicago

11
Princeton crest
Princeton University
Princeton, NJ
27 Annual Graduates

Located in the city of Princeton, Princeton is a private not-for-profit university with a moderately-sized student population.More information about a master’s in economics from Princeton University

12
Georgetown crest
Georgetown University
Washington, DC

Georgetown is a fairly large private not-for-profit university located in the large city of Washington.

Master's recipients from the economics degree program at Georgetown University earn $3,377 above the typical graduate with the same degree when they enter the workforce.

More information about a master’s in economics from Georgetown University

13
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Brown University
Providence, RI
17 Annual Graduates

Brown is a large private not-for-profit university located in the medium-sized city of Providence.More information about a master’s in economics from Brown University

14
32 Annual Graduates

Located in the city of Ithaca, Cornell is a private not-for-profit university with a very large student population.More information about a master’s in economics from Cornell University

15
118 Annual Graduates

Located in the large city of Los Angeles, USC is a private not-for-profit university with a very large student population.More information about a master’s in economics from University of Southern California

16
Stanford crest
Stanford University
Stanford, CA
9 Annual Graduates

Located in the large suburb of Stanford, Stanford is a private not-for-profit university with a large student population.More information about a master’s in economics from Stanford University

17
72 Annual Graduates

UCLA is a very large public university located in the city of Los Angeles.More information about a master’s in economics from University of California - Los Angeles

18
Emory crest
Emory University
Atlanta, GA
34 Annual Graduates

Emory is a large private not-for-profit university located in the large city of Atlanta.More information about a master’s in economics from Emory University

19
93 Annual Graduates

Located in the city of Ann Arbor, U-M is a public university with a very large student population.More information about a master’s in economics from University of Michigan - Ann Arbor

20
209 Annual Graduates

UW - Madison is a very large public university located in the large city of Madison.More information about a master’s in economics from University of Wisconsin - Madison

21
6 Annual Graduates

Carnegie Mellon is a fairly large private not-for-profit university located in the city of Pittsburgh.More information about a master’s in economics from Carnegie Mellon University

22
Boston College crest
Boston College
Chestnut Hill, MA
67 Annual Graduates

Located in the small city of Chestnut Hill, Boston College is a private not-for-profit college with a fairly large student population.More information about a master’s in economics from Boston College

23

Mines is a medium-sized public school located in the suburb of Golden.

Those economics students who get their master's degree from Colorado School of Mines earn $29,486 more than the typical economics student.

More information about a master’s in economics from Colorado School of Mines

24
Boston U crest
Boston University
Boston, MA
149 Annual Graduates

Located in the large city of Boston, Boston U is a private not-for-profit university with a very large student population.More information about a master’s in economics from Boston University

25
NYU crest
New York University
New York, NY
87 Annual Graduates

NYU is a fairly large private not-for-profit university located in the large city of New York.More information about a master’s in economics from New York University

Rest of the Top Best Economics Master's Degree Schools

25
NYU crest
New York University
New York, NY
26
27

Honorable Mentions

Here are some additional great schools for Economics students that almost earned our Best Economics Master's Degree Schools award.

Rank College Location
28 University of Maryland - College Park College Park, MD
29 Washington University in St Louis Saint Louis, MO
30 University of Illinois at Urbana-Champaign Champaign, IL
31 Tufts University Medford, MA
32 University of California - San Diego La Jolla, CA
33 University of Delaware Newark, DE
34 Texas A&M University - College Station College Station, TX
35 Northeastern University Boston, MA
36 American University Washington, DC

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

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

Economics Focus Areas

Major Annual Graduates
Econometrics & Quantitative Economics 3,384
General Economics 827
Applied Economics 240
Development Economics & International Development 238
Other Economics 86
International Economics 28

Related Major Annual Graduates
International Relations & National Security 4,426
Political Science & Government 1,936
Sociology 1,298
Geography & Cartography 1,076
Anthropology 941
Criminology 789
General Social Sciences 596
Other Social Sciences 378
Urban Studies 351
Demography & Population Studies 51

Notes and References

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