The Best University for Economics

The constantly changing economic landscape of the world today makes it necessary to have economists who can make sense of the ebb and flow of the economic situation. The top American college economics departments often provide cutting-edge research in the field and produce the world's top economic scholars. Here are the four top-rated programs.
  1. University of Chicago

    • The University of Chicago's Department of Economics is one of four top-rated economic programs in the United States. The most recent U.S. News & World Report rankings, released in 2009, placed the University of Chicago's economic department in a tie with three other institutions. Chicago's graduate program in economics is part of a collaborative effort with the school's world-class business college. Students are awarded a joint Ph.D. in financial economics and a master of business administration, or MBA. Areas of emphasis include economic theory, macroeconomics and econometrics. The university's faculty members are top-rated researchers in their fields of economics and are regularly rewarded for their research efforts.

      University of Chicago
      Economics
      1126 E. 59th St.
      Chicago, IL 60637
      773-702-8254
      economics.uchicago.edu

    Princeton University

    • Another leading institution in the field of economics is Princeton University. Princeton regularly draws the best applicants in the discipline to its world-class department. The highly selective Ph.D. program at Princeton has several areas of research emphasis: economic theory, econometrics, finance, international economics and economic policy studies. Typical course offerings include macroeconomic and microeconomic theory, advanced economic theory and econometrics, public finance, economics of labor, international trade and demography.

      Princeton University
      Department of Economics
      Fisher Hall
      Princeton , NJ 08544
      609-258-4000
      princeton.edu/economics/

    Massachusetts Institute of Technology

    • The Massachusetts Institute of Technology, which is generally recognized for its engineering and science programs, has made a science of economic research. MIT economists are among the best in the world, regularly winning awards and serving as key members of major economic organizations and councils. For instance, MIT doctoral graduate Robert Hall is president of the American Economic Association. Like those at Chicago and Princeton, MIT's graduate economic program is highly selective, admitting only 3 percent of its applicants each year. Areas of research emphasis within the department include public finance, macroeconomics, microeconomics, labor economics, advanced theory and economic development.

      Massachusetts Institute of Technology
      Department of Economics
      50 Memorial Drive
      Cambridge, MA 02142
      617-253-8787
      econ-www.mit.edu

    Harvard University

    • Harvard University is the fourth institution at the top of the U.S. News & World Report rankings for 2009. Like the other three institutions, Harvard is known for the quality of its graduate program in the field of economic research, although it should be noted that the undergraduate department is considered among the best in the world as well. The Ph.D. program emphasizes several research fields such as international economics, economic history, fiscal and monetary policy, labor economics, industrial organization and behavioral economics. Harvard's program is well known for its interdisciplinary nature: Students regularly conduct research with other departments such as the school of business, the law school and the school of government. Harvard's economic faculty members include award-winning economists and researchers such as department chair John Campbell.

      Harvard University
      Department of Economics
      Littauer Center 201
      Cambridge, MA 02138
      617-495-8927
      economics.harvard.edu

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