2024 Best Colleges for Economics in Michigan

We rigorously analyzed earnings after graduation, student loan debt, and a host of other variables to determine what colleges and universities offer the best Economics programs in Michigan. We looked at 21 programs to put our Economics rankings together to help you find the absolute best schools for Economics in Michigan. ... Read More

If you’re still wondering whether Economics is the right field of study for you, check out our guide to majoring in Economics: what you can do with the major, how much you’ll make, and more.

For the purposes of these rankings we prioritized earnings after graduation 6 years and 10 years out for students that majored in Economics in Michigan. Earnings are by no means the most important mark of success for a Economics undergraduate program, but it is a variable that is widely used across universities and colleges in Michigan. In addition to salary, we also provide average student loans metric and other admissions data points.

In addition, if you scroll all the way through the list you’ll find every college or university that offers a Economics degree in Michigan.

Frequently Asked Questions about the Best Universities offering Economics Majors in Michigan

What is the best university for majoring in Economics in Michigan?

University of Michigan-Ann Arbor is the best university for majoring in Economics based on earnings data. On average, graduates from University of Michigan-Ann Arbor earned an average of $64,647 2 years after graduating.

What is the cheapest university for majoring in Economics in Michigan?

Northern Michigan University is the cheapest university for majoring in Economics based on the Department of Education tuition data. On average, students pay $9,620 to attend Northern Michigan University.

What is the most expensive university for majoring in Economics in Michigan?

Kalamazoo College is the most expensive university for majoring in Economics based on the Department of Education tuition data. On average, students pay $42,946 to attend Kalamazoo College.

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#1 Best College for Economics
Average Salary $64,647
Average Debt $15,986
Program Size 964
University of Michigan-Ann Arbor
4 Year
Ann Arbor, MI
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University of Michigan-Ann Arbor, located in Ann Arbor, MI has 964 students majoring in Economics. On average, graduates earn $64,647.
Acceptance Rate 26%
Undergraduates 12,698 students
Tuition $13,856
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#2 Best College for Economics
Average Salary $55,964
Average Debt $24,500
Program Size 51
Kalamazoo College
4 Year
Kalamazoo, MI
Kalamazoo College, located in Kalamazoo, MI has 51 students majoring in Economics. On average, graduates earn $55,964.
Acceptance Rate 72%
Undergraduates 381 students
Tuition $42,946
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#3 Best College for Economics
Average Salary $49,410
Average Debt $23,636
Program Size 841
Michigan State University (MSU)
4 Year
East Lansing, MI
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Michigan State University (MSU), located in East Lansing, MI has 841 students majoring in Economics. On average, graduates earn $49,410.
Acceptance Rate 66%
Undergraduates 12,495 students
Tuition $13,560
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#4 Best College for Economics
Average Salary $48,682
Average Debt $19,838
Program Size 60
University of Michigan-Dearborn
4 Year
Dearborn, MI
University of Michigan-Dearborn, located in Dearborn, MI has 60 students majoring in Economics. On average, graduates earn $48,682.
Acceptance Rate 62%
Undergraduates 2,056 students
Tuition $11,304
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#5 Best College for Economics
Average Salary $43,798
Average Debt $27,149
Program Size 87
Wayne State University
4 Year
Detroit, MI
Wayne State University, located in Detroit, MI has 87 students majoring in Economics. On average, graduates earn $43,798.
Acceptance Rate 80%
Undergraduates 6,487 students
Tuition $11,814
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#6 Best College for Economics
Average Salary $43,798
Average Debt N/A
Program Size 15
University of Michigan-Flint
4 Year
Flint, MI
University of Michigan-Flint, located in Flint, MI has 15 students majoring in Economics. On average, graduates earn $43,798.
Acceptance Rate 74%
Undergraduates 1,754 students
Tuition $9,936
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#7 Best College for Economics
Average Salary $42,682
Average Debt $27,000
Program Size 31
Grand Valley State University
4 Year
Allendale, MI
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Grand Valley State University, located in Allendale, MI has 31 students majoring in Economics. On average, graduates earn $42,682.
Acceptance Rate 81%
Undergraduates 5,548 students
Tuition $11,363
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#8 Best College for Economics
Average Salary $42,682
Average Debt N/A
Program Size 27
Oakland University
4 Year
Rochester Hills, MI
Oakland University, located in Rochester Hills, MI has 27 students majoring in Economics. On average, graduates earn $42,682.
Acceptance Rate 80%
Undergraduates 4,369 students
Tuition $11,344
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#9 Best College for Economics
Average Salary $41,565
Average Debt $27,000
Program Size 61
Albion College
4 Year
Albion, MI
Albion College, located in Albion, MI has 61 students majoring in Economics. On average, graduates earn $41,565.
Acceptance Rate 80%
Undergraduates 288 students
Tuition $39,313
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#10 Best College for Economics
Average Salary $39,729
Average Debt $31,000
Program Size 37
Central Michigan University (CMU)
4 Year
Mount Pleasant, MI
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Central Michigan University (CMU), located in Mount Pleasant, MI has 37 students majoring in Economics. On average, graduates earn $39,729.
Acceptance Rate 69%
Undergraduates 5,719 students
Tuition $11,850
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#11 Best College for Economics
Average Salary $38,289
Average Debt $25,224
Program Size 49
Eastern Michigan University
4 Year
Ypsilanti, MI
Eastern Michigan University, located in Ypsilanti, MI has 49 students majoring in Economics. On average, graduates earn $38,289.
Acceptance Rate 75%
Undergraduates 4,617 students
Tuition $10,417
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#12 Best College for Economics
Average Salary $34,420
Average Debt $22,893
Program Size 29
Northern Michigan University
4 Year
Marquette, MI
Northern Michigan University, located in Marquette, MI has 29 students majoring in Economics. On average, graduates earn $34,420.
Acceptance Rate 70%
Undergraduates 1,405 students
Tuition $9,620
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#13 Best College for Economics
Average Salary $33,993
Average Debt N/A
Program Size 18
Western Michigan University (WMU)
4 Year
Kalamazoo, MI
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Western Michigan University (WMU), located in Kalamazoo, MI has 18 students majoring in Economics. On average, graduates earn $33,993.
Acceptance Rate 82%
Undergraduates 5,175 students
Tuition $11,029
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#14 Best College for Economics
Average Salary $28,236
Average Debt $26,676
Program Size 58
Calvin College
4 Year
Grand Rapids, MI
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Calvin College, located in Grand Rapids, MI has 58 students majoring in Economics. On average, graduates earn $28,236.
Acceptance Rate 74%
Undergraduates 933 students
Tuition $30,660
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#15 Best College for Economics
Average Salary N/A
Average Debt N/A
Program Size 89
Hillsdale College
4 Year
Hillsdale, MI
Hillsdale College, located in Hillsdale, MI has 89 students majoring in Economics. On average, graduates earn N/A.
Acceptance Rate N/A
Undergraduates 323 students
Tuition N/A
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