Economics Best Colleges 2023 Tuition Comparison and 2024 Estimation

This page introduces the best Economics colleges. Harvard University ranks first in Economics program ranking and Massachusetts Institute of Technology is placed in second.
Economics Best Schools

Academic Comparison Between Best Economics Colleges

1 public and 9 private schools rank in the top 10 Economics colleges. The schools' average acceptance rate is 5.60% where Harvard University has the tightest (lowest) acceptance rate of 3.00% and University of California-Berkeley has the highest rate of 11.00%. Total 233,095 students are enrolled in the best Economics schools where University of California-Berkeley has the largest population with 45,036 students and Princeton University is the smallest school with 8,478 students.
The average graduation rate is 96.10% and the average students to faculty ratio is 6.90:1 at those colleges.
The following table shows and compares the academic information and key facts of the best Economics colleges. The acceptance rate, SAT score, population, and the students to faculty ratio are for the academic year 2022-2023. The graduation rate is based on the academic year 2021-2022.
Table. 2023 Best Colleges in Economics Program
RankNameAcceptance RateSAT ScoreGraduation RatePopulationStudent-Faculty Ratio
1Harvard University
Cambridge, MA
3.00%1,55097%31,3457 to 1
1Massachusetts Institute of Technology
Cambridge, MA
4.00%1,56096%11,9343 to 1
1Princeton University
Princeton, NJ
6.00%1,54098%8,4785 to 1
1Stanford University
Stanford, CA
4.00%1,55096%17,6805 to 1
5University of California-Berkeley
Berkeley, CA
11.00%-93%45,03620 to 1
5University of Chicago
Chicago, IL
5.00%1,54096%18,8325 to 1
7Yale University
New Haven, CT
5.00%1,54097%14,5676 to 1
7Columbia University in the City of New York
New York, NY
4.00%1,53097%33,7766 to 1
9University of Pennsylvania
Philadelphia, PA
7.00%1,54096%28,0386 to 1
10Northwestern University
Evanston, IL
7.00%1,53095%23,4096 to 1
Average5.60% 1,54296.10%233,095 (Total)6.90 to 1

Best Economics Colleges 2023 Tuition Comparison and 2024 Estimated Costs

The following table lists and compares 2022-2023 tuition & fees between the best economics colleges. The 2022-2023 costs are officially published by NCES, National Center for Education Statistics.
The estimated costs for the academic year 2023-2024 are estimated based on each school's rate of tuition change from 2022 to 2023.
For the undergraduate programs, the average tuition & fees of the best economics colleges is $59,511 where Columbia University in the City of New York has the most expensive costs at $66,139 and University of California-Berkeley has the lowest amount of tuition at $44,467.
The average graduate tuition & fees of the best economics colleges is $52,724 where University of Chicago has the highest tuition with $66,492 and University of California-Berkeley has the lowest amount of graduate school tuition with $29,578.
UndergraduateGraduate
Table. Best Economics Colleges 2023 Tuition Comparison and 2024 Estimation
RankSchool Name 2023 Tuition & Fees2024 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1Harvard University $57,261$58,985
1Massachusetts Institute of Technology $57,986$60,174
1Princeton University $57,410$58,845
1Stanford University $58,416$60,753
5University of California-Berkeley $14,395$44,467 $14,566 $44,959
5University of Chicago $64,260$67,735
7Yale University $62,250$64,638
7Columbia University in the City of New York $66,139$70,028
9University of Pennsylvania $63,452$65,243
10Northwestern University $63,468$66,288
Average$14,395$59,511$14,566$61,765
Table. Best Economics Colleges 2023 Graduate School Tuition Comparison and 2024 Estimation
RankSchool Name 2023 Tuition & Fees2024 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1Harvard University $53,760$55,398
1Massachusetts Institute of Technology $61,075$63,258
1Princeton University $60,410$62,075
1Stanford University $57,210$59,497
5University of California-Berkeley $14,476$29,578 $14,476$14,799
5University of Chicago $66,492$69,150
7Yale University $46,900$48,132
7Columbia University in the City of New York $54,627$56,385
9University of Pennsylvania $44,162$45,427
10Northwestern University $53,024$49,703
Average$14,476$52,724$14,799$53,892