2025 Best Economics Schools in Michigan
10
Colleges in Michigan
1,322
Economics Degrees Awarded
$55,327
Avg Early-Career Salary
Ranked #19 in popularity,
economics is one of the most sought-after degree programs in the nation. This means there are lots of options to choose from when you decide to get your degree.
For its 2025 ranking, College Factual looked at 10 schools in Michigan to determine which ones were the best for economics students pursuing a degree. Combined, these schools handed out 1,322 degrees in economics to qualified students.
Jump to one of the following sections: * Degree-Level Rankings
Choosing a Great Economics School
Your choice of economics school matters, so we have put together these rankings to help you make your decision. We derive our Best Overall Economics School rankings by rolling up our degree-level rankings after weighting them by the number of degrees awarded at each school.
You may want to choose one of the degree levels below to find the schools of most interest to you.
Economics Rankings by Degree Level
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 Schools in Michigan.
If you'd like to restrict your choices to just one part of the country, you can filter this list by location.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat.
Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
If you want to learn more about how we derive our rankings, see College Factual's Methodology.
Best Schools for Economics in Michigan
The schools below may not offer all types of economics degrees so you may want to filter by degree level first. However, they are great for the degree levels they do offer.
10 Top Michigan Schools in Economics
University of Michigan - Ann Arbor is one of the finest schools in the United States for getting a degree in economics. U-M is a very large public university located in the midsize city of Ann Arbor. A Best Colleges rank of #22 out of 2,152 schools nationwide means U-M is a great university overall.
There were about 690 economics students who graduated with this degree at U-M in the most recent data year. Economics degree recipients from University of Michigan - Ann Arbor get an earnings boost of about $13,089 above the average earnings of economics graduates.
More information about a degree in economics from University of Michigan - Ann Arbor
Michigan State University is one of the best schools in the United States for getting a degree in economics. Located in the small city of East Lansing, Michigan State is a public university with a fairly large student population. A Best Colleges rank of #54 out of 2,152 schools nationwide means Michigan State is a great university overall.
There were about 312 economics students who graduated with this degree at Michigan State in the most recent year we have data available. After graduation, economics degree recipients generally earn an average of $54,013 at the beginning of their careers.
More information about a degree in economics from Michigan State University
Masters
Degree Type
MS in Applied Economics
Program Name
If you're the kind of person who enjoys working with numbers and solving tough problems, a graduate degree in economics may be for you.
More information about a degree in MS in Applied Economics from Southern New Hampshire University
Doctor's Degree
Highest Degree Type
7th
Most Popular In MI
It is hard to beat Western Michigan University if you want to pursue a degree in economics. Located in the city of Kalamazoo, WMU is a public university with a fairly large student population. A Best Colleges rank of #322 out of 2,152 schools nationwide means WMU is a great university overall.
There were approximately 27 economics students who graduated with this degree at WMU in the most recent year we have data available.
More information about a degree in economics from Western Michigan University
Wayne State University is a great choice for students interested in a degree in economics. Wayne State is a fairly large public university located in the large city of Detroit. A Best Colleges rank of #433 out of 2,152 schools nationwide means Wayne State is a great university overall.
There were approximately 48 economics students who graduated with this degree at Wayne State in the most recent year we have data available. Graduates who receive their degree from the economics program make around $50,648 for their early career.
More information about a degree in economics from Wayne State University
Eastern Michigan is a fairly large public university located in the suburb of Ypsilanti. This university ranks 15th out of 56 schools for overall quality in the state of Michigan.
There were roughly 15 economics students who graduated with this degree at Eastern Michigan in the most recent year we have data available. After graduation, economics degree recipients typically make about $30,569 in their early careers.
More information about a degree in economics from Eastern Michigan University
Located in the distant town of Albion, Albion is a private not-for-profit college with a small student population. This college ranks 42nd out of 56 colleges for overall quality in the state of Michigan.
There were approximately 13 economics students who graduated with this degree at Albion in the most recent year we have data available. Students who receive their degree from the economics program earn about $48,756 in their early career salary.
More information about a degree in economics from Albion College
Located in the small city of Kalamazoo, K College is a private not-for-profit college with a small student population. This college ranks 30th out of 56 schools for overall quality in the state of Michigan.
There were about 20 economics students who graduated with this degree at K College in the most recent year we have data available. Students who receive their degree from the economics program make an average of $42,508 for their early career.
More information about a degree in economics from Kalamazoo College
Located in the town of Allendale, GVSU is a public university with a fairly large student population. A Best Colleges rank of #342 out of 2,152 colleges nationwide means GVSU is a great university overall.
There were approximately 17 economics students who graduated with this degree at GVSU in the most recent year we have data available. Students who graduate with their degree from the economics program report average early career wages of $53,985.
More information about a degree in economics from Grand Valley State University
Calvin is a small private not-for-profit university located in the midsize city of Grand Rapids. This university ranks 20th out of 56 schools for overall quality in the state of Michigan.
There were roughly 14 economics students who graduated with this degree at Calvin in the most recent data year. Students who graduate with their degree from the economics program report average early career wages of $43,746.
More information about a degree in economics from Calvin University
Bachelor's Degree
Highest Degree Type
15th
Most Popular In MI
Located in the remote town of Marquette, Northern Michigan University is a public university with a medium-sized student population. This university ranks 35th out of 56 colleges for overall quality in the state of Michigan.
There were about 12 economics students who graduated with this degree at Northern Michigan University in the most recent year we have data available.
More information about a degree in economics from Northern Michigan University
