Washington, DC · Economics Rankings · 2027

Best Economics Programs in Washington, DC for 2027

Every school on Washington’s list is private, so the comparison is between private prices: Howard charges $35,810, and the other four run from $58,378 to $68,089. Georgetown has the best graduation rate, 95%, and 138 degrees. Four of the five universities offer a doctorate, and economists in DC earn a median $167,590.

Posted October 22, 2026Updated October 22, 20265 Schools Ranked
Cherry blossom branches framing the Jefferson Memorial in Washington, DC
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Economics Bachelor’s Degree Programs in Washington, DC

5 schools in Washington, DC awarded economics bachelor’s degrees in 2023–24, scored against 670 bachelor’s programs nationwide.

  1. 1

    Georgetown University

    Economics AB

    Washington Private nonprofit

    74.9 Comparison Score

    Georgetown's AB in Economics takes 11 courses, at least six of them in the department, and is recognized as a STEM degree. A required math course, Essential Mathematics for Economics, is the gateway to every 2000-level class, so students who feel shaky on calculus can build up to it with the math department's readiness assessment. Economics electives must be at the 2000 level or above, at least two at the 4000 level, and honors requires three 4000-level courses. The DC Semester in Economics, run with the Capitol Applied Learning Labs, pairs for-credit internships with major coursework.

    Major Size
    11 courses, at least six taken in Georgetown's economics department
    DC Semester
    Internship for credit plus required and elective economics courses

    Program Sources: Major in Economics (COL) | Department of Economics | Georgetown University

    Bachelor’s Degrees Awarded
    138
    Economics, 2023–24
    School Six-Year Graduation Rate
    95%
    1,617 first-time, full-time students
    Median Graduate Earnings
    $118,999
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $68,089
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $68,089
    Undergraduate, schoolwide, 2024–25
  2. 2

    George Washington University

    Economics BA and BS

    Washington Private nonprofit

    62.7 Comparison Score

    George Washington gives economics majors a choice. The BA stresses economic principles and modeling, with calculus and statistics, and fits graduate study in policy or careers in consulting, finance and law. The BS adds a further calculus course, courses in related STEM fields, econometrics and more advanced electives, and is aimed at graduate programs in economics or work needing sophisticated quantitative analysis. A BA or BS in Economics/MPP combines the major with a public policy master's. The department recommends Special Honors for majors with six graded ECON courses at GW and a 3.75 GPA in economics.

    Degree Choice
    BA (less quantitative) or BS (extra calculus, STEM courses, econometrics)
    Special Honors
    Six graded ECON courses in residence and 3.75 combined GPA

    Program Sources: BS in Economics | Department of Economics | Columbian College of Arts & Sciences | The George Washington UniversityDepartmental Special Honors | Department of Economics | Columbian College of Arts & Sciences | The George Washington University

    Bachelor’s Degrees Awarded
    63
    Economics, 2023–24
    School Six-Year Graduation Rate
    84%
    2,834 first-time, full-time students
    Median Graduate Earnings
    $99,406
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $67,710
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $67,710
    Undergraduate, schoolwide, 2024–25
  3. 3

    American University

    Economics BA and BS

    Washington Private nonprofit

    57.7 Comparison Score

    American University offers economics as a BA or a BS, with a joint BS in Mathematics and Economics for the most quantitative students, plus a combined bachelor's and master's option. Graduates of both degrees are expected to carry out a regression analysis on a real-world question and complete a project that applies an economic model. Being in Washington matters here: the department points out that the region is home to over one-third of the nation's economists, and recent graduates have landed at the World Bank Group, Deloitte, PricewaterhouseCoopers and the U.S. Department of Commerce.

    Degree Options
    BA, BS, and BS in Mathematics and Economics
    Learning Outcomes
    Regression analysis on a real-world question; project applying an economic model

    Program Sources: Economics Learning Outcomes | American University, Washington, DC

    Bachelor’s Degrees Awarded
    52
    Economics, 2023–24
    School Six-Year Graduation Rate
    75%
    1,750 first-time, full-time students
    Median Graduate Earnings
    $85,016
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $58,771
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $58,771
    Undergraduate, schoolwide, 2024–25
  4. 4

    Howard University

    Economics Major

    Washington Private nonprofit

    52.6 Comparison Score

    Howard's economics major is 37 credits of economics, with principles, intermediate micro and macro theory, statistics for business and economics, and introductory econometrics at the core. Electives can be drawn from areas such as international economics and urban economics. Every senior sits a comprehensive examination on general economic theory and statistics, offered twice a year, and submits an electronic portfolio to the department. The college's general education requirements include a four-course foreign language sequence, and graduation with honors in the department takes nine hours of honors work.

    Required Core
    ECON 001, 002, 170, 171, 180 and 184
    Senior Requirement
    Comprehensive exam plus electronic portfolio

    Program Sources: Economics Major | Howard University Department of Economics

    Bachelor’s Degrees Awarded
    37
    Economics, 2023–24
    School Six-Year Graduation Rate
    70%
    1,498 first-time, full-time students
    Median Graduate Earnings
    $63,972
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $35,810
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $35,810
    Undergraduate, schoolwide, 2024–25
  5. 5

    The Catholic University of America

    Economics BS

    Washington Private nonprofit

    46.4 Comparison Score

    Catholic University houses its economics BS in the Busch School of Business, which shapes the degree: 18 economics courses plus two business courses, with six core courses, five math and statistics courses, five concentration courses and five electives. Students move from micro and macro principles into statistics, econometrics and data analytics, take a course in economic ethics rooted in Catholic social teaching, and can count a Washington internship as an elective. The cohort takes many courses together, and majors can join an annual trip to Wall Street to meet alumni.

    Degree Structure
    18 economics courses and 2 business courses
    Distinctive Features
    Economic ethics course, DC internship option, annual Wall Street trip

    Program Sources: Economics (BS) | Busch School of Business | Catholic University

    Bachelor’s Degrees Awarded
    5
    Economics, 2023–24
    School Six-Year Graduation Rate
    79%
    833 first-time, full-time students
    Median Graduate Earnings
    $91,962
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $58,378
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $58,378
    Undergraduate, schoolwide, 2024–25

Economics PhD Programs in Washington, DC

4 schools in Washington, DC awarded research doctorates in economics in 2023–24. Doctoral scores leave out tuition because funding offers, not sticker price, decide the real cost.

  1. 1

    Georgetown University

    Economics PhD

    Washington Private nonprofit

    84.3 Comparison Score

    Georgetown's economics PhD is a full-time program designed for students who want research careers, and it sits in the nation's capital, which suits both pure theory and policy-informed work. Admissions leans heavily on mathematics: undergraduate statistics and multivariable calculus are required, the GRE is mandatory, and an economics background is desirable but exceptions are made for strong alternative preparation. Three letters of recommendation are required, and applicants who want fellowship consideration submit an extra personal statement of up to 250 words.

    Required Preparation
    Undergraduate statistics and multivariable calculus
    Application Materials
    GRE required; three letters of recommendation

    Program Sources: Ph.D. Admissions |

    Doctoral Degrees Awarded
    12
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $61,670
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $61,670
    Graduate, schoolwide, 2024–25
  2. 2

    George Washington University

    Economics PhD

    Washington Private nonprofit

    71.0 Comparison Score

    George Washington graduates about ten PhD students a year, and the degree is STEM-designated. Pre-candidacy takes 48 credits, 18 in required courses and 30 in electives, plus general exams in micro and macro theory and a paper proposal. Students pick a microeconomics or macroeconomics option by the end of August of year two. Candidacy adds a dissertation seminar, the written dissertation and an oral defense, typically in five to six years. Along the way students can earn an MS or an MPhil, and part-time doctoral study is occasionally allowed for highly qualified applicants.

    Pre-Candidacy Credits
    48 credits: 18 required and 30 elective
    Options
    Microeconomics or macroeconomics option; MS or MPhil earned along the way

    Program Sources: PhD in Economics | Department of Economics | Columbian College of Arts & Sciences | The George Washington University

    Doctoral Degrees Awarded
    10
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $36,414
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $36,414
    Graduate, schoolwide, 2024–25
  3. 3

    Howard University

    Economics PhD

    Washington Private nonprofit

    68.1 Comparison Score

    Howard's economics doctorate is built for students who already hold a master's: applicants must have earned a Master of Arts in economics, though a related master's may earn conditional admission if the work is equivalent. Admitted students should arrive with a GPA well over B and 24 graduate credits, including six in economic theory, three in econometrics and three in graduate statistics. The Graduate School adds a reading examination in a foreign language, an English proficiency check, and responsible conduct of research training before candidacy. Full-time students can apply for research assistantships that carry a stipend.

    Admission Requirement
    Master of Arts in economics, or equivalent work for conditional admission
    Doctoral Requirements
    Foreign language reading exam, RCR workshop, dissertation proposal

    Program Sources: Doctor of Philosophy | Howard University Department of Economics

    Doctoral Degrees Awarded
    9
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $39,178
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $39,178
    Graduate, schoolwide, 2024–25
  4. 4

    American University

    Economics PhD

    Washington Private nonprofit

    58.6 Comparison Score

    American University's economics PhD has eight required courses in theory, econometrics and research methods, then seven electives you choose to build a field in development, gender, international, labor or macro and monetary economics, or to learn advanced empirical methods such as GIS tools. Students pass one comprehensive exam at the end of the first year and write a journal-quality paper by the end of the third, which becomes the start of the dissertation. The degree is STEM-designated, and evening classes make it workable for Washington-area professionals.

    Course Structure
    Eight required courses and seven electives
    Milestones
    Comprehensive exam after year one; research paper by end of year three

    Program Sources: PhD in Economics | American University, Washington, DC

    Doctoral Degrees Awarded
    7
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $36,754
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $36,754
    Graduate, schoolwide, 2024–25

Economics Programs in Washington, DC at a Glance

Ranked Schools
5
0 public, 5 private
Bachelor’s Programs
5
295 degrees in 2023–24
Doctoral Programs
4
38 degrees in 2023–24
Lowest In-State Tuition
$35,810
Bachelor’s list, schoolwide, 2024–25

How We Rank Economics Programs in Washington, DC

Each program gets the same comparison score it earns in our national economics model, calculated against the nationwide group that meets the numeric and directory criteria. We then order Washington, DC’s eligible programs by that score within each degree level. We feature up to 10 programs, taking the next highest-ranked program from each degree-level list in turn. Scores are compared only within the same degree level. Bachelor’s lists weigh graduation rate (20%), published tuition (20%), graduate earnings (20%), program reputation (25%), and degrees awarded (15%). Doctoral lists weigh research activity (35%), program reputation (35%), and doctoral degrees awarded (30%). Read how state lists are built.

Best Economics Schools in Washington, DC by Goal

These picks compare only the programs featured in the lists above.

Lowest In-State Tuition for a Bachelor’s

Howard University

$35,810 in annual undergraduate tuition and required fees for state residents (2024–25), the lowest among the 5 bachelor’s programs shown here.

Most Economics Bachelor’s Graduates

Georgetown University

138 economics bachelor’s degrees awarded in 2023–24, the most of any school on this list.

Graduate Study at an R1 University

Georgetown University

Carries the Carnegie 2025 Research 1 designation for very high research spending and doctorate production.

Top-Scoring Economics Doctorate

Georgetown University

12 research doctorates awarded in 2023–24; ranked first of 4 doctoral programs shown here.

Economics in District of Columbia: Washington Leads the Bachelor’s List

On the bachelor’s list, Georgetown (59.2) and Howard University (57.9) are close on score but far apart on price: Georgetown’s schoolwide tuition and fees are $68,089, and Howard’s are $35,810. Georgetown also awarded 138 of the 295 economics bachelor’s degrees in 2023–24. The schools report their degrees under different categories. Georgetown reports econometrics and quantitative economics, Howard reports economics, general, and the Catholic University of America, fifth with 5 graduates, reports international economics alongside econometrics.

The four doctoral programs score between 77.4 and 88.1.

Economics Careers and Pay in Washington, DC

These are BLS median annual wages for Washington, DC and the United States from the May 2025 Occupational Employment and Wage Statistics survey. A median is the midpoint among workers in the occupation, from new hires to senior staff, so it is not a starting salary for a new graduate. The 10th–90th percentile range shows what the middle 80% of workers earn in the state.

Annual wages in Washington, DC compared with the United States
OccupationWashington, DC MedianWashington, DC 10th–90th PercentileU.S. MedianWashington, DC Jobs
Economist Pay in Washington, DC BLS: Economists$167,590$98,350–$299,110$124,7203,000
Market Research Analyst Wages in Washington, DC BLS: Market Research Analysts and Marketing Specialists$98,090$59,340–$176,240$78,7606,340
Survey Researcher Salary in Washington, DC BLS: Survey Researchers$102,390$79,040–$217,080$69,460150

Source: BLS Occupational Employment and Wage Statistics, May 2025. Wage data does not enter the program scores.

Economics Programs in Washington, DC: Common Questions

How Many Schools in Washington, DC Appear in These Economics Rankings?

5 schools in Washington, DC appear in the lists shown here (5 bachelor’s, 4 research doctorate programs). A school can appear at more than one degree level. The degree counts come from federal IPEDS completions for 2023–24.

Which Economics Bachelor’s Program in Washington, DC Has the Lowest Tuition?

Howard University lists $35,810 in annual undergraduate tuition and required fees for state residents in 2024–25, the lowest among the bachelor’s programs shown here. That is a schoolwide figure before aid, so check the program’s own costs and any fees for fieldwork or labs.

Which Schools in Washington, DC Reported Economics Research Doctorates in 2023–24?

The federal IPEDS completions file records economics research doctorates awarded in 2023–24 at Georgetown University (12 degrees), American University (7 degrees), Howard University (9 degrees), George Washington University (10 degrees). These are historical award counts. Check current admissions, advisor availability, and funding directly with each department.

How Does Economist Pay in District of Columbia Compare to the U.S.?

In May 2025 wage data, economists in the District of Columbia had a median wage of $167,590, against $124,720 nationally, and the District employed 3,000 of them. That figure is a median for people working in the occupation. It is not the expected starting pay for a new economics graduate.

Where Can I Compare Economics Research Doctorates in District of Columbia?

Georgetown University ranks first among 4 economics research doctorate programs on the District of Columbia list. It reported 12 research doctorates in 2023–24. George Washington University and Howard University also appear on the list. Read the doctoral program’s research areas and advisor information before you apply. Degree awards describe past graduates, not the size of the next entering cohort.

Sources

  1. IPEDS C2024_A completions: first-major degrees awarded by field and level, 2023–24.
  2. IPEDS COST1_2024: tuition and required fees, 2024–25.
  3. IPEDS DRVGR2024: schoolwide graduation rates.
  4. Carnegie 2025 Research Activity Designations.
  5. BLS Occupational Employment and Wage Statistics, May 2025 state estimates.
  6. SocialSciences.org ranking methodology.
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