Economics is of the hottest bachelor's degree programs in the United States, coming in as the #15 most popular major in the country. This makes choosing the right school a hard decision.
College Factual looked at 13 colleges and universities when compiling its 2025 Best Economics Bachelor's Degree Schools in Minnesota ranking. When you put them all together, these colleges and universities awarded 655 bachelor's degrees in economics during the 2022-2023 academic year.
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Choosing a Great Economics School for Your Bachelor's Degree
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. When choosing a school we recommend considering some of the following factors:
Quality Overall Is Important
The overall quality of a bachelor's degree school is important to ensure a good education, not just how well they do in a particular major. To account for this we include a college's overall Best Colleges ranking which itself looks at a combination of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
Average Earnings
To determine the overall quality of a graduate school, one factor we look at is the average early-career salary of those receiving their bachelor's degree from the school. This is because one of the main reasons people pursue their bachelor's degree is to enable themselves to find better-paying positions.
Other Factors We Consider
The metrics below are just some of the other metrics that we use to determine our rankings.
Major Focus - How many resources a school devotes to economics students as compared to other majors.
Major Demand - How many other economics students want to attend this school to pursue a bachelor's degree.
Educational Resources - How many resources are allocated to students. These resources may include educational expenditures per student, number of students per instructor, and graduation rate among other things.
Student Debt - How much debt economics students go into to obtain their bachelor's degree and how well they are able to pay back that debt.
Accreditation - Whether a school is regionally accredited and/or accredited by a recognized economics related body.
Our complete ranking methodology documents in more detail how we consider these factors to identify the best schools for economics students working on their bachelor's degree.
Since the program you select can have a significant impact on your future, we've developed a number of rankings, including this Best Economics Bachelor's Degree Schools in Minnesota list, to help you choose the best school for you.
In addition to College Factual's rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you.
When you have some time, check it out - you may want to bookmark the link so you don't forget it.
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University of Minnesota - Twin Cities is a great option for students pursuing a bachelor's degree in economics. UMN Twin Cities is a fairly large public university located in the large city of Minneapolis.
After graduation, economics bachelor's recipients typically earn around $56,902 in their early careers.
St Olaf College is one of the best schools in the United States for getting a bachelor's degree in economics. Located in the town of Northfield, St. Olaf is a private not-for-profit college with a small student population.
Bachelor's graduates who receive their degree from the economics program earn around $56,238 in their early career salary.
Carleton College is a wonderful choice for individuals interested in a bachelor's degree in economics. Located in the distant town of Northfield, Carleton is a private not-for-profit college with a small student population.
Economics bachelor's degree recipients from Carleton College receive an earnings boost of approximately $9,719 over the typical earnings of economics majors.
Every student pursuing a degree in a bachelor's degree in economics has to take a look at Macalester College. Located in the city of Saint Paul, Macalester is a private not-for-profit college with a small student population.
Those economics students who get their bachelor's degree from Macalester College earn $2,904 more than the average economics student.
UST MN is a moderately-sized private not-for-profit university located in the city of Saint Paul.
Bachelor's recipients from the economics degree program at University of St Thomas Minnesota make $3,475 more than the standard college grad with the same degree shortly after graduation.
The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).