Iowa · Economics Rankings · 2027

Best Economics Programs in Iowa for 2027

Iowa’s nine bachelor’s schools run from $9,936 at the University of Northern Iowa to $68,196 at Grinnell, whose 88% graduation rate is among the strongest. Central College is the lowest-priced private option at $20,988. The University of Iowa is the largest with 79 degrees in 2023-24, and Iowa State is where the doctorate is.

Posted October 22, 2026Updated October 22, 20269 Schools Ranked
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Economics Bachelor’s Degree Programs in Iowa

9 schools in Iowa awarded economics bachelor’s degrees in 2023–24, scored against 670 bachelor’s programs nationwide. This section shows the top 9 of 13 eligible programs at this level.

  1. 1

    University of Iowa

    Economics BA

    Iowa City Public

    68.3 Comparison Score

    Iowa houses economics in the Tippie College of Business and offers four routes: a BBA, a BBA in Analytical Economics, a BA and a BS. The BA is the interdisciplinary one, with room for a combined degree in Ethics and Public Policy, Political Science or Psychology, and Tippie pitches it as strong preparation for law school. The BS is described as the most quantitative option in the college, aimed at research in policy and decision-making. All majors complete math and statistics, economic theory, and field courses applied to business, social or specialized topics.

    Degree Routes
    BBA, BBA in Analytical Economics, BA and BS
    BA Pairings
    Combined degree with Ethics and Public Policy, Political Science or Psychology
    Major Structure
    Math and statistics, economic theory, and applied field courses

    Program Sources: Economics - Undergraduate | Tippie College of Business

    Bachelor’s Degrees Awarded
    79
    Economics, 2023–24
    School Six-Year Graduation Rate
    75%
    4,726 first-time, full-time students
    Median Graduate Earnings
    $76,746
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $11,283
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $33,371
    Undergraduate, schoolwide, 2024–25
  2. 2

    Grinnell College

    Economics

    Grinnell Private nonprofit

    67.0 Comparison Score

    Grinnell's economics students build and test models, then use them in applied research. Econometrics (ECN 286) is described as a challenging course that prepares you to carry out your own projects. Economic Development (ECN 230) takes up global poverty, and the Seminar in International Trade (ECN 374) has students conduct independent research under a professor's guidance and present the results. The department's own figures show most recent graduates employed and about a quarter in graduate school, with study continuing in law, public affairs, health and business administration as well as economics.

    Methods Course
    Econometrics (ECN 286) for carrying out your own research projects
    Capstone-Style Seminar
    International Trade seminar with independent research presented to the class
    Applied Topic
    Economic Development (ECN 230) on global poverty

    Program Sources: Economics | Grinnell College

    Bachelor’s Degrees Awarded
    38
    Economics, 2023–24
    School Six-Year Graduation Rate
    88%
    463 first-time, full-time students
    Median Graduate Earnings
    $110,724
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $68,196
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $68,196
    Undergraduate, schoolwide, 2024–25
  3. 3

    Iowa State University

    Economics BS

    Ames Public

    60.8 Comparison Score

    Iowa State awards its Bachelor of Science in Economics through the College of Liberal Arts and Sciences, so the degree can be finished in four years with electives aimed at pre-law, finance, journalism, environmental studies, public administration and other fields. The department also runs two neighboring majors, Business Economics and Agricultural Business, so it helps to compare the three before declaring. An economics club brings in business and academic speakers and sponsors an annual trip to the Berkshire Hathaway shareholders' meeting in Omaha. Many graduates continue to graduate programs.

    College Home
    Liberal Arts and Sciences, four-year Bachelor of Science
    Elective Pairings
    Pre-law, finance, journalism, environmental studies, public administration and more
    Student Club Trip
    Annual Berkshire Hathaway shareholders' meeting in Omaha

    Program Sources: Economics | Department of Economics, Iowa State University

    Bachelor’s Degrees Awarded
    15
    Economics, 2023–24
    School Six-Year Graduation Rate
    75%
    5,904 first-time, full-time students
    Median Graduate Earnings
    $75,355
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $10,787
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $28,881
    Undergraduate, schoolwide, 2024–25
  4. 4

    University of Northern Iowa

    Economics B.A.

    Cedar Falls Public

    52.0 Comparison Score

    Northern Iowa's economics major lets you choose one of four emphases: General Economics, Quantitative Techniques, Business Economics, or Applied Economic Analysis. Everyone takes intermediate micro and macro theory, introductory econometrics and a statistics course, and the emphasis fills out the rest of a 39 to 60 hour major. The business emphasis requires admission to the Wilson College of Business before you can declare it, and Applied Economic Analysis is designed to be paired with a mathematics major. The degree totals at least 120 hours with general education.

    Four Emphases
    General Economics, Quantitative Techniques, Business Economics, Applied Economic Analysis
    Shared Core
    Intermediate micro and macro theory, introductory econometrics, statistics
    Entry Condition
    Business Economics emphasis requires Wilson College of Business admission

    Program Sources: Economics B.A. | University of Northern Iowa Catalog

    Bachelor’s Degrees Awarded
    9
    Economics, 2023–24
    School Six-Year Graduation Rate
    68%
    1,649 first-time, full-time students
    Median Graduate Earnings
    $71,905
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $9,936
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $21,712
    Undergraduate, schoolwide, 2024–25
  5. 5

    Drake University

    Bachelor's in Economics, BA or BSBA

    Des Moines Private nonprofit

    44.9 Comparison Score

    Drake splits economics into two degrees with the same economic courses. The BSBA, from the Zimpleman College of Business, adds a business core in marketing, accounting, management and strategy plus an introduction to data analytics. The BA, from the College of Arts and Sciences, drops the business core and frees schedule room for a second major or minor in political science, international relations, environmental sustainability or another field. Both build toward a capstone research project, and the major runs between 39 and 75 credits of a 120-credit degree depending on the route.

    Two Degrees
    BSBA through the business college or BA through Arts and Sciences
    Capstone
    Research project at the end of the major
    Credit Range
    39 to 75 major credits within a 120-credit degree

    Program Sources: Bachelor's in Economics, BA or BSBA | Drake University

    Bachelor’s Degrees Awarded
    11
    Economics, 2023–24
    School Six-Year Graduation Rate
    73%
    681 first-time, full-time students
    Median Graduate Earnings
    $88,638
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $51,960
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $51,960
    Undergraduate, schoolwide, 2024–25
  6. 6

    Central College

    Economics

    Pella Private nonprofit

    36.0 Comparison Score

    Central requires at least 50 credits for the economics major, including principles of micro and macro, a four-credit research methods course, and an economics research seminar. Courses in computer science, data-driven decisions and business and professional communication round out the quantitative and speaking skills, and 15 credits come from 300 and 400-level economics. Faculty put students in situations where they must make economic decisions. Study abroad and the Chicago program are strongly encouraged, as are internships and the economics club. Graduates head to banking, the Federal Reserve, and graduate study in law and public administration.

    Credit Requirement
    At least 50 credits including 15 at the 300 and 400 level
    Research Sequence
    Research Methods in Economics and an Economics Research Seminar
    Encouraged Experiences
    Study abroad, the Chicago program and internships

    Program Sources: Economics | Central College Course Catalog

    Bachelor’s Degrees Awarded
    2
    Economics, 2023–24
    School Six-Year Graduation Rate
    66%
    278 first-time, full-time students
    In-State Tuition + Fees
    $20,988
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $20,988
    Undergraduate, schoolwide, 2024–25
  7. 7

    Luther College

    Economics Major

    Decorah Private nonprofit

    35.9 Comparison Score

    Luther's economics major starts with macroeconomics, microeconomics and econometrics, adds upper-level electives, and ends with a senior project that every major completes. The program stresses applied problem-solving and the role of ethics in economic decisions, with one-on-one work alongside professors. It also enrolls a higher than average share of international students, which shapes class discussion. Study-away programs and internships are part of the plan, and scholarships are set aside for economics, accounting and management majors. Recruiters visit campus each year to hire seniors for jobs and internships.

    Required Capstone
    Senior project completed by every economics major
    Foundation Courses
    Macroeconomics, microeconomics and econometrics
    Distinguishing Mix
    Ethics in decisions and a higher than average international student share

    Program Sources: Economics Major & Minor | Luther College

    Bachelor’s Degrees Awarded
    6
    Economics, 2023–24
    School Six-Year Graduation Rate
    71%
    554 first-time, full-time students
    In-State Tuition + Fees
    $52,120
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $52,120
    Undergraduate, schoolwide, 2024–25
  8. 8

    Wartburg College

    Economics

    Waverly Private nonprofit

    32.3 Comparison Score

    Wartburg sits economics inside its Business Administration, Accounting and Economics department, where more than 80 percent of majors complete at least one internship or field experience before graduating. The coursework uses statistics and calculus, and small classes mean professors guide you through hands-on research. One graduate presented research at the Missouri Valley Economic Association Conference after working with an economics professor on every step. The department also awards thirty-nine scholarships beyond the college's standard awards and partners with a leadership institute for management skills.

    Experience Rate
    More than 80 percent of department majors complete an internship or field experience
    Quantitative Tools
    Statistics and calculus
    Student Research
    Faculty-guided projects, including conference presentations

    Program Sources: Economics | Wartburg College

    Bachelor’s Degrees Awarded
    2
    Economics, 2023–24
    School Six-Year Graduation Rate
    64%
    465 first-time, full-time students
    In-State Tuition + Fees
    $26,250
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $26,250
    Undergraduate, schoolwide, 2024–25
  9. 9

    Simpson College

    Economics

    Indianola Private nonprofit

    26.4 Comparison Score

    Simpson offers economics as both a major and a minor in its Department of Business Administration and Economics, and a separate Economics: Finance major for students leaning toward banking or investing. The economics major emphasizes analyzing real-world data and economic trends, with practical projects and internships at businesses in Des Moines and surrounding communities. Alumni work at employers such as Casey's, Hy-Vee, Farm Bureau Financial Services and the Iowa Legislature, so the placement picture is mostly central Iowa business and government. Faculty work closely with students on policy and market questions.

    Program Types
    Economics major and minor, plus a separate Economics: Finance major
    Internship Setting
    Businesses in Des Moines and surrounding communities
    Alumni Employers
    Casey's, Hy-Vee, Farm Bureau Financial Services, Iowa Legislature

    Program Sources: Economics | Simpson College

    Bachelor’s Degrees Awarded
    4
    Economics, 2023–24
    School Six-Year Graduation Rate
    63%
    360 first-time, full-time students
    In-State Tuition + Fees
    $47,656
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $47,656
    Undergraduate, schoolwide, 2024–25

Economics PhD Programs in Iowa

1 school in Iowa awarded research doctorates in economics in 2023–24. Doctoral scores leave out tuition because funding offers, not sticker price, decide the real cost. This section shows the top 1 of 1 eligible programs at this level.

  1. 1

    Iowa State University

    Economics Ph.D.

    Ames Public

    75.6 Comparison Score

    Iowa State's doctorate has majors in economics and in agricultural economics, with a first year of core coursework before you specialize and pick a major professor who guides your committee and joint papers. Assistantship students receive a monthly stipend, in most cases full tuition coverage, health insurance and travel to conferences, and every applicant is automatically considered, with no need to line up a faculty sponsor in advance. Recent graduates went to Auburn, Ohio State, Virginia Tech and Kansas State, and to the USDA, the Bureau of Labor Statistics and private firms such as Freddie Mac.

    Two Majors
    Economics and agricultural economics
    Funding Package
    Monthly stipend, usually full tuition, health insurance, conference travel
    Admissions Note
    No faculty sponsor needed before admission to be considered for assistantships

    Program Sources: Economics Ph.D. Programs | Department of Economics, Iowa State University

    Doctoral Degrees Awarded
    11
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $12,967
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $30,577
    Graduate, schoolwide, 2024–25

Economics Programs in Iowa at a Glance

Ranked Schools
9
3 public, 6 private
Bachelor’s Programs
9
166 degrees in 2023–24
Doctoral Programs
1
11 degrees in 2023–24
Lowest In-State Tuition
$9,936
Bachelor’s list, schoolwide, 2024–25

How We Rank Economics Programs in Iowa

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 Iowa’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%). Methodology and data sources.

Best Economics Schools in Iowa by Goal

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

Lowest In-State Tuition for a Bachelor’s

University of Northern Iowa

$9,936 in annual undergraduate tuition and required fees for state residents (2024–25), the lowest among the 9 bachelor’s programs shown here.

Most Economics Bachelor’s Graduates

University of Iowa

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

Highest Schoolwide Graduation Rate

Grinnell College

88% of first-time, full-time students at the school finished a bachelor’s within six years. This is a schoolwide rate, not a economics-only rate.

Top-Scoring Private College

Grinnell College

The highest-scoring private school on the bachelor’s list (No. 2 overall), with a comparison score of 67.0.

Graduate Study at an R1 University

Iowa State University

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

Top-Scoring Economics Doctorate

Iowa State University

11 research doctorates awarded in 2023–24; ranked first of 1 doctoral program shown here.

Statewide Context: Compare Economics Programs in Iowa by Degree Level

This statewide overview includes all 14 eligible programs at 13 schools. Its totals, tuition comparisons, and ranks describe that wider group; the lists above feature 10 programs.

Iowa’s economics rankings cover 13 schools. Thirteen schools rank for the bachelor’s, and 10 of them are private nonprofit schools. University of Iowa in Iowa City leads the bachelor’s list and reported 79 economics bachelor’s degrees in 2023–24.

The 2023–24 degree counts are uneven. The University of Iowa awarded 79 economics bachelor’s degrees and leads the list at 71.3, while Iowa State University ranks second at 67.6 with 15. Grinnell College stands out on volume: ranked fourth, it awarded 38, the second-highest count. Its schoolwide graduation rate, 88%, and its 2024–25 tuition and required fees, $68,196, are both the highest on the list. Drake University in Des Moines, sixth, awarded 11. These counts are completed degrees, not enrollment, and the cost and graduation figures cover each whole school.

Iowa State University’s research doctorate is the only graduate economics program on the Iowa list. It scores 86.7 and awarded 11 doctorates in 2023–24 at an R1 university. Economists earn a $96,310 median in Iowa, below the $124,720 U.S. median, and that is pay for working economists, not a starting salary.

Economics Careers and Pay in Iowa

These are BLS median annual wages for Iowa 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 Iowa compared with the United States
OccupationIowa MedianIowa 10th–90th PercentileU.S. MedianIowa Jobs
Economist Pay in Iowa BLS: Economists$96,310$59,980–$144,750$124,72070
Market Research Analyst Wages in Iowa BLS: Market Research Analysts and Marketing Specialists$66,390$40,160–$122,120$78,7608,880
Survey Researcher Salary in Iowa BLS: Survey Researchers$83,170$74,350–$93,950$69,46090

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

Economics Programs in Iowa: Common Questions

How Many Schools in Iowa Appear in These Economics Rankings?

9 schools in Iowa appear in the lists shown here (9 bachelor’s, 1 research doctorate programs). A school can appear at more than one degree level. The page features 10 programs selected from 14 eligible programs at 13 schools. The degree counts come from federal IPEDS completions for 2023–24.

Which Economics Bachelor’s Program in Iowa Has the Lowest Tuition?

University of Northern Iowa lists $9,936 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 Iowa Reported Economics Research Doctorates in 2023–24?

The federal IPEDS completions file records economics research doctorates awarded in 2023–24 at Iowa State University (11 degrees). These are historical award counts. Check current admissions, advisor availability, and funding directly with each department.

Which Iowa Economics School Has the Lowest In-State Tuition?

This statewide comparison covers all 14 eligible programs, including those outside the featured lists. The University of Northern Iowa in Cedar Falls lists the lowest in-state tuition and required fees among the 13 ranked bachelor’s programs: $9,936 for 2024–25, a schoolwide figure. It ranks third with a score of 61.7 and awarded 9 economics bachelor’s degrees in 2023–24. Nonresidents pay $21,712 there.

Where Can I Compare Economics Research Doctorates in Iowa?

This statewide comparison covers all 14 eligible programs, including those outside the featured lists. Iowa State University is the ranked economics research doctorate program on the Iowa list. It reported 11 research doctorates in 2023–24. 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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