New Jersey · Economics Rankings · 2027

Best Economics Programs in New Jersey for 2027

Public prices in New Jersey sit in a narrow band, $15,912 at Montclair State to $19,632 at The College of New Jersey, and Rutgers-New Brunswick is the largest with 216 degrees. Princeton costs $62,688 and reports a 98% graduation rate. New Jersey economists earn a median $167,550, well above the $124,720 national figure.

Posted October 22, 2026Updated October 22, 20268 Schools Ranked
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Economics Bachelor’s Degree Programs in New Jersey

8 schools in New Jersey awarded economics bachelor’s degrees in 2023–24, scored against 670 bachelor’s programs nationwide. This section shows the top 8 of 16 eligible programs at this level.

  1. 1

    Princeton University

    Economics A.B.

    Princeton Private nonprofit

    79.4 Comparison Score No. 10 Nationally

    Princeton builds its economics major around two year-long research projects. Juniors write a paper in ECO 396 and ECO 398, and every senior completes a thesis in ECO 498 and ECO 499, defended orally as the senior comprehensive exam. Before that, you take micro, macro and econometrics in a standard or more mathematical version, so the calculus-based track suits students who want a theory-heavy path. Five electives follow, and up to two may be approved cognates from other departments. Planning an empirical thesis points you toward ECO 313, while a theoretical one points toward ECO 317 or ECO 418. The core courses and junior paper must average a C or better to reach senior standing.

    Independent Work
    Junior paper (ECO 396 and 398) and senior thesis (ECO 498 and 499)
    Senior Exam
    Oral presentation and defense of the senior thesis
    Core Versions
    Micro, macro and econometrics each offered in standard and more mathematical forms
    Electives
    Five 300 to 500-level economics courses, with at most two cognates

    Program Sources: Major Requirements, Princeton Department of EconomicsIndependent Work, Princeton Department of Economics

    Bachelor’s Degrees Awarded
    124
    Economics, 2023–24
    School Six-Year Graduation Rate
    98%
    1,338 first-time, full-time students
    Median Graduate Earnings
    $160,763
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $62,688
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $62,688
    Undergraduate, schoolwide, 2024–25
  2. 2

    Rutgers University-New Brunswick

    Economics BA

    New Brunswick Public

    73.1 Comparison Score

    The New Brunswick major is a quantitative one: intermediate micro, intermediate macro and econometrics, with calculus and statistics sitting behind them as prerequisites. Seven electives complete it, at least four of them 400-level, and the upper tier includes machine learning for economics, forecasting and big data, and panel econometrics alongside health, labor, trade and game theory. Qualified students can write an honors thesis through the two-semester Honors Research Seminar, and a double major with data science is available. Intermediate theory and econometrics taken at Newark or Camden will not count toward this major, so transfer between Rutgers campuses needs planning.

    Core Sequence
    Intermediate micro and macro plus Econometrics, each needing a C or better
    Electives
    Seven electives, at least four at the 400 level
    Advanced Options
    Machine Learning for Economics, Economic Forecasting and Big Data, Honors Research Seminar I and II
    Double Major
    Economics with data science

    Program Sources: Major Requirements, Rutgers Department of Economics

    Bachelor’s Degrees Awarded
    216
    Economics, 2023–24
    School Six-Year Graduation Rate
    84%
    6,782 first-time, full-time students
    Median Graduate Earnings
    $86,120
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $17,929
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $37,441
    Undergraduate, schoolwide, 2024–25
  3. 3

    The College of New Jersey

    Economics BA and BS

    Ewing Public

    66.2 Comparison Score

    TCNJ lets you choose between a liberal arts BA and a more business-oriented BS, and both end in a required senior thesis. The BA leaves room for courses in social sciences, history and math, and a teacher education version certifies graduates to teach middle and high school social studies. The BS asks for at least eight course units in accounting, finance, management and marketing. Classes average 25 students and lean on writing and oral presentation. Majors present theses at regional meetings and at the Omicron Delta Epsilon conference at Ursinus College, and can join the College Fed Challenge and stock market games.

    Degree Tracks
    BA with liberal arts breadth, or BS with at least eight business course units
    Capstone
    Senior thesis required of every economics major
    Teacher Certification
    BA teacher education version for middle and high school social studies
    Class Size
    Average of 25 students

    Program Sources: Economics, TCNJ School of Business

    Bachelor’s Degrees Awarded
    21
    Economics, 2023–24
    School Six-Year Graduation Rate
    86%
    1,548 first-time, full-time students
    Median Graduate Earnings
    $92,325
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $19,632
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $25,752
    Undergraduate, schoolwide, 2024–25
  4. 4

    Rowan University

    Economics BA

    Glassboro Public

    55.9 Comparison Score

    Rowan's Glassboro BA takes 36 hours in economics, anchored by the intro courses, intermediate micro and macro, econometrics and a writing-intensive economics seminar. Six upper-level electives follow, and one must carry the multicultural and global designation. The elective bank is wide: environmental, health, urban, sports and labor economics, law and economics, public finance, and a course on blockchain applications. An internship in economics can count as an elective. You need a C- or better in every economics class, along with calculus and statistics, and the Pass/No Credit option is limited to the two introductory courses.

    Major Credits
    36 hours in economics
    Required Capstone Course
    Seminar in Economics, writing intensive
    Electives
    Six upper-level courses, one with the multicultural or global designation
    Math Requirement
    Calculus and statistics with a C- or better

    Program Sources: Bachelor of Arts in Economics, Rowan University Catalog

    Bachelor’s Degrees Awarded
    37
    Economics, 2023–24
    School Six-Year Graduation Rate
    67%
    2,675 first-time, full-time students
    Median Graduate Earnings
    $70,614
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $16,574
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $26,932
    Undergraduate, schoolwide, 2024–25
  5. 5

    Montclair State University

    Economics BA

    Montclair Public

    55.6 Comparison Score

    Montclair offers its Economics BA both fully online and on campus, which matters if you are working or raising a family while you finish. You choose a concentration in General Economics or Asset Management, and students in the Feliciano School of Business can gain portfolio management experience through the Red Hawk Investment Fund. Coursework covers macro and micro, trade, unemployment, inflation and market power, with an emphasis on quantitative modeling. A 4+1 option lets Montclair undergraduates start the MBA before finishing the bachelor's and earn both degrees in five years.

    Format
    Fully online or on campus
    Concentrations
    General Economics or Asset Management
    Accelerated Option
    4+1 MBA for Montclair undergraduates
    School
    Feliciano School of Business

    Program Sources: BA in Economics, Montclair State University

    Bachelor’s Degrees Awarded
    50
    Economics, 2023–24
    School Six-Year Graduation Rate
    65%
    3,166 first-time, full-time students
    Median Graduate Earnings
    $66,148
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $15,912
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $26,022
    Undergraduate, schoolwide, 2024–25
  6. 6

    Rutgers University-Newark

    Economics BA

    Newark Public

    55.2 Comparison Score

    The Newark major totals 43 credits: a 25-credit core that includes calculus, statistics, intermediate micro and macro, introductory econometrics and an applied economics seminar, plus 18 elective credits. Up to three electives can come from the business school, including corporate finance, which suits students leaning toward finance careers. A writing-intensive course taught by economics faculty is required, with seminars in applied economics, current economic conditions and labor to choose from. Seniors with at least a B average can take graduate courses with the chair's permission, and anyone eyeing a PhD is told to take Calculus I instead of Basic Calculus.

    Credits
    43 total: 25 core and 18 elective
    Writing Requirement
    Seminar in Applied Economics, Analysis of Current Economic Conditions, or Labor Seminar
    Business School Electives
    Up to three from the business school
    Grade Rule
    C or better in all courses

    Program Sources: B.A. in Economics, Rutgers SAS-Newark

    Bachelor’s Degrees Awarded
    29
    Economics, 2023–24
    School Six-Year Graduation Rate
    64%
    1,316 first-time, full-time students
    Median Graduate Earnings
    $86,120
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $17,250
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $36,762
    Undergraduate, schoolwide, 2024–25
  7. 7

    Drew University

    Economics BA

    Madison Private nonprofit

    51.8 Comparison Score

    Drew's 48-credit economics major pairs a core of micro, macro, statistics and econometrics with a course called Economics in the Real World, which teaches reading, writing and researching. The electives lean toward political economy, with a required critical and historical perspectives course such as the history of economic thought or the political economy of race, class and gender. Two Wall Street Program courses cover the U.S. economy and financial markets, an applied course looks at social impact, and the Specialized Honors sequence is there for students who want to write a thesis.

    Credits
    48, with a 28-credit core
    Required Perspective
    At least 4 credits in critical or historical perspectives
    Finance Link
    Wall Street Program courses
    Honors
    Specialized Honors in Economics I and II

    Program Sources: Economics Major, Drew University Catalog

    Bachelor’s Degrees Awarded
    29
    Economics, 2023–24
    School Six-Year Graduation Rate
    70%
    420 first-time, full-time students
    Median Graduate Earnings
    $90,814
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $47,100
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $47,100
    Undergraduate, schoolwide, 2024–25
  8. 8

    Rutgers University-Camden

    Economics BA

    Camden Public

    48.8 Comparison Score

    Camden's economics BA is 42 credits, with 18 in required courses (principles, intermediate theory and foundations of econometrics) and 24 in electives. What sets it apart is the four optional concentrations, each requiring three courses: behavioral economics and game theory, data science and quantitative methods, financial economics, and health, healthcare management and health policy. Students are encouraged to do research through independent study or an honors thesis in junior or senior year. Anyone heading toward a PhD is pointed to calculus, linear algebra, differential equations and a proofs course on top of the required math.

    Credits
    42 in economics, 18 required and 24 elective
    Concentrations
    Behavioral and game theory, data science, financial economics, health policy
    Research
    Independent study or honors thesis

    Program Sources: Concentrations of Economics, Rutgers-CamdenMajor/Minor Information, Rutgers-Camden

    Bachelor’s Degrees Awarded
    11
    Economics, 2023–24
    School Six-Year Graduation Rate
    67%
    816 first-time, full-time students
    Median Graduate Earnings
    $86,120
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $17,764
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $37,276
    Undergraduate, schoolwide, 2024–25

Economics PhD Programs in New Jersey

2 schools in New Jersey 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 2 of 2 eligible programs at this level.

  1. 1

    Princeton University

    Economics Ph.D.

    Princeton Private nonprofit

    94.6 Comparison Score No. 8 Nationally

    Princeton admits only 20 to 25 economics doctoral students a year from roughly 800 applications, and there is no master's track to fall back on. The first year is six core courses and the second is six field courses, with directed research and a third-year paper after that. The Graduate School adds a year in residence, a general examination, the dissertation and a final public oral. All admitted students get tuition and fellowship support, including summer months, and post-generals students have office space in the Julis Romo Rabinowitz Building. Weekly seminars and student workshops run across fields such as behavioral, international, industrial organization, theory, macro, finance, econometrics and development.

    Class Size
    20 to 25 students from about 800 applications
    Coursework
    Six first-year core courses and six second-year field courses
    Milestones
    Directed research, third-year paper, general examination, final public oral
    Funding
    Tuition and fellowship support, including summer months

    Program Sources: Graduate Program, Princeton Department of EconomicsCurrent Students, Princeton Department of Economics

    Doctoral Degrees Awarded
    19
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $65,936
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $65,936
    Graduate, schoolwide, 2024–25
  2. 2

    Rutgers University-New Brunswick

    Economics Ph.D.

    New Brunswick Public

    72.3 Comparison Score

    Rutgers trains doctoral students in a full-time day program on the New Brunswick campus. Required work covers mathematical methods for microeconomics, two semesters each of micro and macro theory, advanced economic statistics, econometrics, and one applied econometrics course in either micro or macro. A course in economic history is also required. After the core, you specialize by completing six credits in each of two advanced fields, with the field list kept in the doctoral handbook. The department also runs a master's program, so students who are unsure about a doctorate can see how the core courses feel first.

    Core Courses
    Micro and macro theory, advanced statistics, econometrics, applied econometrics, economic history
    Specialization
    Two fields at six credits each
    Format
    Full-time day program at the Graduate School in New Brunswick

    Program Sources: Graduate Program Introduction, Rutgers Department of EconomicsRequired Courses for Ph.D., Rutgers Department of Economics

    Doctoral Degrees Awarded
    8
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $23,241
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $37,689
    Graduate, schoolwide, 2024–25

Economics Programs in New Jersey at a Glance

Ranked Schools
8
6 public, 2 private
Bachelor’s Programs
8
517 degrees in 2023–24
Doctoral Programs
2
27 degrees in 2023–24
Lowest In-State Tuition
$15,912
Bachelor’s list, schoolwide, 2024–25

How We Rank Economics Programs in New Jersey

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 New Jersey’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 New Jersey by Goal

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

Lowest In-State Tuition for a Bachelor’s

Montclair State University

$15,912 in annual undergraduate tuition and required fees for state residents (2024–25), the lowest among the 8 bachelor’s programs shown here.

Most Economics Bachelor’s Graduates

Rutgers University-New Brunswick

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

Highest Schoolwide Graduation Rate

Princeton University

98% 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 Public University

Rutgers University-New Brunswick

The highest-scoring public school on the bachelor’s list (No. 2 overall), with a comparison score of 73.1.

Graduate Study at an R1 University

Princeton University

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

Top-Scoring Economics Doctorate

Princeton University

19 research doctorates awarded in 2023–24; ranked first of 2 doctoral programs shown here.

Statewide Context: How Rutgers and Princeton Divide New Jersey’s Economics Rankings

This statewide overview includes all 18 eligible programs at 16 schools. Its totals, tuition comparisons, and ranks describe that wider group; the lists above feature 10 programs.

Rutgers University-New Brunswick ranks first for an economics bachelor’s in New Jersey and awarded 216 of those degrees in 2023–24, more than any other school in the state. Princeton University ranks third for the bachelor’s and first for the doctorate.

Rutgers-New Brunswick and The College of New Jersey are close in score, 74 and 73.2, yet Rutgers awarded 216 economics bachelor’s degrees to 21 at The College of New Jersey. Both are public, with 2024–25 in-state tuition and required fees of $17,929 and $19,632 (schoolwide). Princeton, third, pairs the list’s top schoolwide graduation rate (98%) with its highest tuition ($62,688) and awarded 124 bachelor’s degrees. Montclair State University, fifth, awarded 50 at $15,912 for state residents.

Doctoral study is limited to Princeton (19 research doctorates, score 93.5) and Rutgers-New Brunswick (8, score 79.8).

Economics Careers and Pay in New Jersey

These are BLS median annual wages for New Jersey 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 New Jersey compared with the United States
OccupationNew Jersey MedianNew Jersey 10th–90th PercentileU.S. MedianNew Jersey Jobs
Economist Salary in New Jersey BLS: Economists$167,550$83,990–$195,190$124,720280
Market Research Analyst Pay in New Jersey BLS: Market Research Analysts and Marketing Specialists$88,190$49,900–$145,010$78,76022,990
Survey Researcher Wages in New Jersey BLS: Survey Researchers$95,580$54,900–$190,360$69,460100

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

Economics Programs in New Jersey: Common Questions

How Many Schools in New Jersey Appear in These Economics Rankings?

8 schools in New Jersey appear in the lists shown here (8 bachelor’s, 2 research doctorate programs). A school can appear at more than one degree level. The page features 10 programs selected from 18 eligible programs at 16 schools. The degree counts come from federal IPEDS completions for 2023–24.

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

Montclair State University lists $15,912 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 New Jersey Reported Economics Research Doctorates in 2023–24?

The federal IPEDS completions file records economics research doctorates awarded in 2023–24 at Princeton University (19 degrees), Rutgers University-New Brunswick (8 degrees). These are historical award counts. Check current admissions, advisor availability, and funding directly with each department.

What Do Economists Earn in New Jersey?

This statewide comparison covers all 18 eligible programs, including those outside the featured lists. The New Jersey median for economists was $167,550 in May 2025, compared with $124,720 nationally, and the state employed 280 of them. That median covers the whole occupation, so it does not predict a new graduate’s pay. Market research analysts and marketing specialists, a far larger group with 22,990 jobs in the state, had a median of $88,190.

Where Can I Compare Economics Research Doctorates in New Jersey?

This statewide comparison covers all 18 eligible programs, including those outside the featured lists. Princeton University ranks first among 2 economics research doctorate programs on the New Jersey list. It reported 19 research doctorates in 2023–24. Rutgers University-New Brunswick also appears 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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