Economics majors study the production and distribution of resources, goods, and services in an economy. It develops an understanding of how the economy works, from the microeconomic level of an individual consumer to the macroeconomic level of an entire nation.

Economics majors can pursue a variety of careers, such as financial analyst, economic analyst, consulting, finance or banker. Many go on to graduate school to pursue advanced degrees in economics. With an advanced degree, they may work in academia, research, or public policy.

According to QS World Ranking 2021, the best economics colleges in the world are listed.

Massachusetts Institute of Technology

The Economics course at MIT is an undergraduate program that emphasizes the study of economic theory and its application to the world's most pressing economic and social problems.

Under Francis Amasa Walker, MIT's third president and founder and president of the American Economic Association, undergraduate studies in economics were first introduced. In 1950, the Economics Department at MIT became the nucleus of a new School of Humanities and Social Sciences.

MIT offer 3 majors in Undergraduate Degree:

• Economics Major
• Mathematical Economics Major
• Computer Science, Economics, and Data Science

Harvard University

Harvard University is renowned for its world-class economics faculty and program. Its Department of Economics is one of the oldest in the world, with roots stretching back to the late 19th century.

The department is renowned for its research in a wide range of fields, including macroeconomics, international economics, public finance, labor economics, development economics, and industrial organization. There are many notable professors but at the helm of the department are four Nobel Laureates – Alvin E. Roth, Oliver Hart, Michael Spence, and Eric Maskin, and many more.

Stanford University

Stanford University offers a major in Economics which provides students with the opportunity to study a wide range of economic theories, concepts, and tools. With this major, students can pursue a career in economic research, consulting, and finance.

The Economics major is a rigorous program at Stanford, with a focus on quantitative analysis and problem-solving, as well as the study of the history, philosophy, and public policy of the field. Additionally, students can pursue a minor in Environmental and Resource Economics, or a certificate in International and Development Economics.

Did you know UnivAdmitHelp can help you get into top colleges in US and UK? Find out more about our Undergraduate Admission Counselling to see how we can help you gain admission to your dream US or UK university! Check out our results page to find out about our successful UnivAdmitHelp students.

Princeton University

Princeton University is one of the leading institutions in the world for economics research. The Economics Department has a long and distinguished tradition of excellence in research, teaching, and service to the public.

The Economics Department also provides access to a range of resources and activities, such as the Princeton Institute for International and Regional Studies (PIIRS), the Princeton Economic History Association, and the Princeton Economics Club. The department also offers a number of summer programs and courses, including the Economic Policy Institute’s Summer Institute and the Princeton Summer Economic Institute.

London School of Economics & Political Sciences (LSE)

 The London School of Economics (LSE) is one of the most prestigious universities in the world for the study of economics. Located in London, the LSE provides a unique learning environment and is home to a diverse student body, faculty, and staff.

The LSE has a long history of producing world-class economists, including Nobel Prize winners such as Amartya Sen and George Akerlof. In addition, the LSE is home to a number of prominent economists, including Nobel Laureate Paul Krugman, Robert Shiller, and John Kay.

University of Oxford

The University of Oxford is renowned for its high quality teaching and research in the field of economics. The Department of Economics at Oxford has its roots in the 19th century, when it was formed in 1868. Since then, the department has grown to become one of the world's leading centres for research and teaching in economics. It also offers a range of specialised topics, such as the Economics of Growth, Development Economics and Industrial Economics.

 The department also has strong links to the Oxford-Man Institute of Quantitative Finance and the Oxford Centre for the Analysis of Resource Rich Economies. The department's research is highly regarded, and its academics are regularly ranked among the top economists in the world. The department also boasts a number of distinguished alumni, including Nobel laureates Amartya Sen and James Mirrlees.

University of Cambridge

The University of Cambridge is one of the world's leading centres for the study of economics, with a long and distinguished history in the subject. It has a vibrant and intellectually stimulating research culture, with a strong focus on both theoretical and empirical work.

At the postgraduate level, the University of Cambridge offers a range of Masters programmes in economics, including the MPhil in Economics, the MPhil in International and Development Economics, and the MPhil in Finance.

Other Useful Blogs

Princeton University

Cornell University