by our College Data Analytics TeamFor its 2025 ranking, College Factual looked at 10 schools in Michigan to determine which ones were the best for economics students pursuing a bachelor's degree. When you put them all together, these colleges and universities awarded 1,095 bachelor's degrees in economics during the 2022-2023 academic year.
What's on this page: * Our Methodology
Your choice of economics for getting your bachelor's degree school matters. Important measures of a quality economics program can vary widely even among the top schools. Below we explain some of the most important factors to consider before making your choice:
The overall quality of a bachelor's degree school is important to ensure a quality education, not just how well they do in a particular major. To take this into account we include a college's overall Best Colleges 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.
Average early-career salary of those graduating with their bachelor's degree is one indicator we use in our analysis to find the schools that offer the highest-quality education. After all, your bachelor's degree won't mean much if it doesn't help you find a job that will help you earn a living.
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 bachelor's degree.
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 Bachelor's Degree Schools in Michigan.
To further help you make the college decision, we've developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.
Below you'll see a list of the best colleges and universities for pursuing a bachelor's degree in economics.
It is hard to beat University of Michigan - Ann Arbor if you want to pursue a bachelor's degree in economics. Located in the medium-sized city of Ann Arbor, U-M is a public university with a very large student population.
Those economics students who get their bachelor's degree from University of Michigan - Ann Arbor receive $19,322 more than the typical economics grad.
More information about a bachelor’s in economics from University of Michigan - Ann Arbor
Every student pursuing a degree in a bachelor's degree in economics has to look into Michigan State University. Michigan State is a fairly large public university located in the city of East Lansing.
Economics bachelor's degree recipients from Michigan State University get an earnings boost of around $4,919 over the typical earnings of economics majors.
More information about a bachelor’s in economics from Michigan State University
Western Michigan University is one of the best schools in the United States for getting a bachelor's degree in economics. WMU is a fairly large public university located in the city of Kalamazoo.More information about a bachelor’s in economics from Western Michigan University
Every student pursuing a degree in a bachelor's degree in economics needs to check out Wayne State University. Located in the large city of Detroit, Wayne State is a public university with a very large student population.
After graduation, economics bachelor's recipients typically make around $50,648 in the first five years of their career.
More information about a bachelor’s in economics from Wayne State University
Located in the large suburb of Ypsilanti, Eastern Michigan is a public university with a large student population.
Bachelor's students who receive their degree from the economics program earn around $30,569 for their early career.
More information about a bachelor’s in economics from Eastern Michigan University
Albion is a small private not-for-profit college located in the town of Albion.
Bachelor's graduates who receive their degree from the economics program make around $48,756 in their early career salary.
More information about a bachelor’s in economics from Albion College
K College is a small private not-for-profit college located in the city of Kalamazoo.
Soon after graduation, economics bachelor's recipients typically make an average of $42,508 in their early careers.
More information about a bachelor’s in economics from Kalamazoo College
GVSU is a fairly large public university located in the fringe town of Allendale.
Those economics students who get their bachelor's degree from Grand Valley State University make $4,891 more than the standard economics graduate.
More information about a bachelor’s in economics from Grand Valley State University
Located in the midsize city of Grand Rapids, Calvin is a private not-for-profit university with a small student population.
Soon after graduating, economics bachelor's recipients usually earn an average of $43,746 in the first five years of their career.
More information about a bachelor’s in economics from Calvin University
Northern Michigan University is a medium-sized public university located in the remote town of Marquette.More information about a bachelor’s in economics from Northern Michigan University
Explore all the Best Economics Schools in the Great Lakes Area or other specific states within that region.
Economics is one of 13 different types of Social Sciences programs to choose from.
| Major | Annual Graduates |
|---|---|
| General Economics | 1,019 |
| Econometrics & Quantitative Economics | 51 |
| Other Economics | 15 |
| Development Economics & International Development | 6 |
| International Economics | 4 |
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 928 |
| Sociology | 494 |
| Anthropology | 217 |
| International Relations & National Security | 186 |
| General Social Sciences | 161 |
| Geography & Cartography | 92 |
| Other Social Sciences | 23 |
| Urban Studies | 14 |
| Sociology & Anthropology | 11 |