This page introduces the best Economics colleges. Harvard University ranks first in Economics program ranking and Massachusetts Institute of Technology is placed in second.
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.
| Rank | Name | Acceptance Rate | SAT Score | Graduation Rate | Population | Student-Faculty Ratio |
|---|---|---|---|---|---|---|
| 1 | Harvard University Cambridge, MA | 3.00% | 1,550 | 97% | 31,345 | 7 to 1 |
| 1 | Massachusetts Institute of Technology Cambridge, MA | 4.00% | 1,560 | 96% | 11,934 | 3 to 1 |
| 1 | Princeton University Princeton, NJ | 6.00% | 1,540 | 98% | 8,478 | 5 to 1 |
| 1 | Stanford University Stanford, CA | 4.00% | 1,550 | 96% | 17,680 | 5 to 1 |
| 5 | University of California-Berkeley Berkeley, CA | 11.00% | - | 93% | 45,036 | 20 to 1 |
| 5 | University of Chicago Chicago, IL | 5.00% | 1,540 | 96% | 18,832 | 5 to 1 |
| 7 | Yale University New Haven, CT | 5.00% | 1,540 | 97% | 14,567 | 6 to 1 |
| 7 | Columbia University in the City of New York New York, NY | 4.00% | 1,530 | 97% | 33,776 | 6 to 1 |
| 9 | University of Pennsylvania Philadelphia, PA | 7.00% | 1,540 | 96% | 28,038 | 6 to 1 |
| 10 | Northwestern University Evanston, IL | 7.00% | 1,530 | 95% | 23,409 | 6 to 1 |
| Average | 5.60% | 1,542 | 96.10% | 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.
| Rank | School Name | 2023 Tuition & Fees | 2024 Estimated Tuition & Fees | ||
|---|---|---|---|---|---|
| In-State | Out-of-State | In-State | Out-of-State | ||
| 1 | Harvard University | $57,261 | $58,985 | ||
| 1 | Massachusetts Institute of Technology | $57,986 | $60,174 | ||
| 1 | Princeton University | $57,410 | $58,845 | ||
| 1 | Stanford University | $58,416 | $60,753 | ||
| 5 | University of California-Berkeley | $14,395 | $44,467 | $14,566 | $44,959 |
| 5 | University of Chicago | $64,260 | $67,735 | ||
| 7 | Yale University | $62,250 | $64,638 | ||
| 7 | Columbia University in the City of New York | $66,139 | $70,028 | ||
| 9 | University of Pennsylvania | $63,452 | $65,243 | ||
| 10 | Northwestern University | $63,468 | $66,288 | ||
| Average | $14,395 | $59,511 | $14,566 | $61,765 | |
| Rank | School Name | 2023 Tuition & Fees | 2024 Estimated Tuition & Fees | ||
|---|---|---|---|---|---|
| In-State | Out-of-State | In-State | Out-of-State | ||
| 1 | Harvard University | $53,760 | $55,398 | ||
| 1 | Massachusetts Institute of Technology | $61,075 | $63,258 | ||
| 1 | Princeton University | $60,410 | $62,075 | ||
| 1 | Stanford University | $57,210 | $59,497 | ||
| 5 | University of California-Berkeley | $14,476 | $29,578 | $14,476 | $14,799 |
| 5 | University of Chicago | $66,492 | $69,150 | ||
| 7 | Yale University | $46,900 | $48,132 | ||
| 7 | Columbia University in the City of New York | $54,627 | $56,385 | ||
| 9 | University of Pennsylvania | $44,162 | $45,427 | ||
| 10 | Northwestern University | $53,024 | $49,703 | ||
| Average | $14,476 | $52,724 | $14,799 | $53,892 | |
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