North Carolina · Economics Rankings · 2027

Best Economics Programs in North Carolina for 2027

Chapel Hill charges residents $8,994, less than a seventh of Duke’s $68,758, and its six-year graduation rate is 91% to Duke’s 97%. Chapel Hill also graduated 349 economics majors to Duke’s 168. NC State awarded 16 doctorates, more than Duke’s 10, and the UNC Charlotte master’s costs $8,037.

Posted October 22, 2026Updated October 22, 20268 Schools Ranked
Charlotte, North Carolina skyline and interchange on a sunny summer day
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Economics Bachelor’s Degree Programs in North Carolina

4 schools in North Carolina awarded economics bachelor’s degrees in 2023–24, scored against 670 bachelor’s programs nationwide. This section shows the top 4 of 20 eligible programs at this level.

  1. 1

    University of North Carolina at Chapel Hill

    Economics BA or BS

    Chapel Hill Public

    83.8 Comparison Score No. 2 Nationally

    UNC-Chapel Hill offers an economics BA and a more quantitatively demanding BS. Both build on economic theory and data analysis, while the BS adds required mathematics, statistics, and computer science and places greater emphasis on student research. Its core includes Introduction to Data Science and Econometrics followed by Econometrics. If you're weighing the two degrees, compare the supporting courses as carefully as the economics electives, since much of the extra quantitative work sits outside the department.

    Degree Sizes
    BA totals 30 to 31 hours; BS totals 51 hours
    BS Math And Computing
    Calculus through MATH 233 or 235, plus two courses from programming, linear algebra, discrete math, optimization or probability
    Upper-Level Economics
    Four courses at 400 level or above for the BA, five for the BS with at least two at 500 or above
    STEM Status
    The BS is classified as a STEM program

    Program Sources: Economics Major, B.S. | UNC CatalogEconomics Major, B.A. | UNC Catalog

    Bachelor’s Degrees Awarded
    349
    Economics, 2023–24
    School Six-Year Graduation Rate
    91%
    4,317 first-time, full-time students
    Median Graduate Earnings
    $103,846
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $8,994
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $41,203
    Undergraduate, schoolwide, 2024–25
  2. 2

    Duke University

    Economics BS and AB

    Durham Private nonprofit

    78.5 Comparison Score No. 14 Nationally

    Duke offers economics as an AB or a BS, and the two are deliberately different. The AB asks for Econ 101, 104, 201, 204, 210 and five electives with a lighter math prerequisite, while the BS keeps the heavier mathematics and an extra intermediate micro course. Both now carry a STEM designation, and the BS can be taken with a Financial Economics concentration made of finance-focused electives. Students with at least a 3.3 GPA can write an honors thesis through two semesters of Econ 495 and 496 for Graduation with Distinction. A 4+1 program lets undergraduates add a Master of Arts in Economics with a fifth year at Duke.

    AB Versus BS
    AB with lighter math and fewer required courses; BS with heavier mathematics
    Honors Thesis
    Two-semester honors seminar and a thesis approved by the Honors Committee
    Finance Concentration
    Financial Economics sub-plan within the BS

    Program Sources: Differences between the A.B. and B.S. Degrees | Economics DepartmentGraduation with Distinction in Economics | Economics Department

    Bachelor’s Degrees Awarded
    168
    Economics, 2023–24
    School Six-Year Graduation Rate
    97%
    1,740 first-time, full-time students
    Median Graduate Earnings
    $161,149
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $68,758
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $68,758
    Undergraduate, schoolwide, 2024–25
  3. 3

    Wake Forest University

    Economics BA and BS

    Winston-Salem Private nonprofit

    66.5 Comparison Score

    Wake Forest recently replaced its mathematical economics major with a Bachelor of Science in Economics, which asks for calculus, multivariable calculus and linear algebra plus two quantitative methods courses chosen from math, statistics and computer science. Those outside courses make it simple to finish a minor or second major in another department. The Bachelor of Arts is a 30-hour major with lighter math, in which students need a C or better in the introductory course before declaring. Honors in Economics rewards a 3.3 economics GPA and the research course ECN 399, and exceptional projects can earn High Honors.

    BS Quantitative Load
    Calculus, linear algebra and two methods courses from math, statistics or computer science
    BA Structure
    30 economics hours with at least three 300-level electives
    Honors Project
    Independent research course ECN 399 with High Honors possible

    Program Sources: Bachelor of Science | Wake Forest Economics Department | Wake Forest UniversityHonors in Economics | Wake Forest Economics Department | Wake Forest University

    Bachelor’s Degrees Awarded
    122
    Economics, 2023–24
    School Six-Year Graduation Rate
    89%
    1,420 first-time, full-time students
    Median Graduate Earnings
    $98,209
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $67,642
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $67,642
    Undergraduate, schoolwide, 2024–25
  4. 4

    Elon University

    Economics AB

    Elon Private nonprofit

    63.0 Comparison Score

    Elon's Economics AB sits in the Love School of Business and totals 44 semester hours, with an applied calculus course, a statistics course, principles, both intermediate theory courses and Applied Econometrics at its center. Twelve elective hours must include at least four in applied macroeconomics and four in applied microeconomics, and up to eight can come from research, internships, study abroad or independent study. An eight-hour capstone experience can be Undergraduate Research or an Honors Thesis. An International Economics track and a Business Economics and Consulting BSBA give you other ways to mix economics with a global or business focus.

    Elective Balance
    At least four hours in applied macro and four in applied micro
    Capstone
    Undergraduate Research or an Honors Thesis
    Related Options
    International Economics track and Business Economics and Consulting BSBA

    Program Sources: Elon University - Economics A.B.Elon University - Economics A.B.

    Bachelor’s Degrees Awarded
    21
    Economics, 2023–24
    School Six-Year Graduation Rate
    84%
    1,698 first-time, full-time students
    Median Graduate Earnings
    $112,303
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $46,958
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $46,958
    Undergraduate, schoolwide, 2024–25

Economics Master’s Programs in North Carolina

2 schools in North Carolina have a separately admitting master’s route confirmed on an official school page and reported economics master’s degrees in 2023–24, scored against 214 master’s programs nationwide. You can apply to these master’s programs without entering a Ph.D. program. This section shows the top 2 of 2 eligible programs at this level.

  1. 1

    University of North Carolina at Charlotte

    Economics MS

    Charlotte Public

    76.9 Comparison Score No. 13 Nationally

    UNC Charlotte's Economics MS is 30 credit hours taught in the evening at the Dubois Center in uptown Charlotte, so working professionals can attend and full-time students can finish in 18 months. The core covers advanced macro and micro theory, graduate econometrics and advanced business and economic forecasting, followed by six credits of either a research project or a master's thesis. Five concentrations let you aim the degree: quantitative methods, quantitative financial economics, urban economics and real estate, financial management, or applied economic analysis. Dual-degree pathways with the University of Regensburg and the MS in Financial Engineering and Fintech are also offered.

    Concentrations
    Quantitative methods, quantitative financial economics, urban economics and real estate, financial management, or applied economic analysis
    Credit Structure
    30 credits: 12 core theory and methods, 6 for a research project or thesis
    Format
    In-person evening classes at the Dubois Center, 18 months full time
    Dual Degrees
    University of Regensburg or the MS in Financial Engineering and Fintech

    Program Sources: M.S. in Economics | UNC Charlotte AcademicsM.S. in Economics | UNC Charlotte Academics

    Master’s Degrees Awarded
    18
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $8,037
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $23,072
    Graduate, schoolwide, 2024–25
  2. 2

    East Carolina University

    Quantitative Economics and Econometrics MS

    Greenville Public

    64.7 Comparison Score

    East Carolina designed its Master of Science in Quantitative Economics and Econometrics as a terminal degree for people who want marketable skills, not as a stepping stone to a doctorate, though it works for either goal. A common core in neoclassical price and welfare theory leads to field courses in coastal and environmental economics, forecasting, financial economics, health care, and poverty and regional development. Each student designs a research project, gathers the data and tests the model to finish. The program is built to be completed in two semesters and two summers, welcomes part-time students and spring starters, and admits majors from other fields with statistics and differential calculus.

    Research Project
    Design your own analytical project, collect data and report test results
    Field Emphasis
    Coastal and environmental economics, forecasting, financial economics, health, regional development
    Admission Prerequisites
    At least one statistics course and one differential calculus course

    Program Sources: Graduate Program | Department of Economics | ECU

    Master’s Degrees Awarded
    6
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $7,658
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $20,807
    Graduate, schoolwide, 2024–25

Economics PhD Programs in North Carolina

4 schools in North Carolina 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 4 of 4 eligible programs at this level.

  1. 1

    Duke University

    Economics PhD

    Durham Private nonprofit

    82.4 Comparison Score

    Duke's economics doctorate starts before the first semester with a three-week math camp in late July. Core sequences in micro, macro and econometrics are paired with a First-Year Research Workshop, and later courses are divided into half-semester modules so you can study by method instead of by field. Each student certifies one major and one minor field, completes a field paper by the first semester of year three and presents a job market paper every year after the third. Credit-hour counts no longer define the degree, and students can take as many undergraduate courses as they need to fill gaps without affecting the PhD GPA.

    Math Camp
    Three weeks in the summer before the first year
    Fields
    One major field with a field exam and paper, plus one minor field
    Course Format
    Half-semester modules after the first year

    Program Sources: Program Requirements | Economics Department

    Doctoral Degrees Awarded
    10
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $66,523
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $66,523
    Graduate, schoolwide, 2024–25
  2. 2

    North Carolina State University at Raleigh

    Economics PhD

    Raleigh Public

    80.3 Comparison Score

    North Carolina State's economics PhD is a joint effort of two departments and expects about five years: two years of coursework (36 hours) and three of dissertation research (36 hours). Fields include agricultural, development and labor, environmental and resource, international economics, econometrics, and microeconomic theory with industrial organization. Students sit two written comprehensive exams after the theory core, and there are no field exams. A cooperative agreement lets you take field courses at Duke and UNC-Chapel Hill. You need not have majored in economics, but admission requires intermediate micro and macro, three semesters of calculus, linear algebra and a 300-level statistics course.

    Structure
    36 coursework hours, 36 dissertation hours, about five years
    Cross-Campus Access
    Field courses at Duke and UNC-Chapel Hill through a cooperative agreement
    Admission Prerequisites
    Three semesters of calculus, linear algebra, intermediate micro and macro, statistics

    Program Sources: Doctoral | Economics Graduate Program

    Doctoral Degrees Awarded
    16
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $12,101
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $32,874
    Graduate, schoolwide, 2024–25
  3. 3

    University of North Carolina at Chapel Hill

    Economics PhD

    Chapel Hill Public

    79.7 Comparison Score

    The Chapel Hill economics PhD counts its progress in courses: 16 doctoral-level classes, at least 13 of them in economics, plus two semesters of a field-specific Dissertation Workshop and a Dissertation Completion Seminar for students on the job market. The opening is a daily math camp in the first three weeks of August, followed by eight fundamentals courses and June qualifying exams in econometrics, macroeconomics and microeconomics, scored pass, low pass or fail. At least three field courses are needed, and students can invent a new specialization with a faculty supervisor, subject to approval from the director of graduate studies. A field paper completes the written requirements.

    Course Requirement
    16 doctoral courses, at least 13 in economics
    Qualifying Exams
    Econometrics, macro and micro each June, with one retake round in August
    Custom Fields
    Students can propose a new field specialization with three approved courses

    Program Sources: Requirements - Economics Department

    Doctoral Degrees Awarded
    9
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $12,751
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $31,408
    Graduate, schoolwide, 2024–25
  4. 4

    University of North Carolina at Greensboro

    Business Administration PhD, Economics Concentration

    Greensboro Public

    23.6 Comparison Score

    UNC Greensboro delivers its economics doctorate as a PhD in Business Administration with an Economics concentration, offered exclusively online with only three campus visits: one before the first semester, one for qualifying exams and one flexible visit for a proposal or dissertation defense. The 45 to 66 credit hours typically split into 6 to 9 hours of core, 18 of economics courses, up to 9 of electives, 12 of supervised independent research and 12 to 18 of dissertation work. It is aimed at business school faculty without a PhD and working professionals, with a research emphasis on empirical analysis and economic modeling.

    Format
    Fully online with three required campus visits
    Credit Breakdown
    Core, 18 economics hours, electives, 12 research hours and dissertation
    Research Areas
    Education, environment, health, labor, public economics, banking and technology

    Program Sources: PhD in Business Administration - Economics | UNC Greensboro

    Doctoral Degrees Awarded
    1
    Economics, 2023–24
    Research Designation
    R2
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $8,614
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $23,329
    Graduate, schoolwide, 2024–25

Economics Programs in North Carolina at a Glance

Ranked Schools
8
5 public, 3 private
Bachelor’s Programs
4
660 degrees in 2023–24
Master’s Programs
2
24 degrees in 2023–24
Doctoral Programs
4
36 degrees in 2023–24
Lowest In-State Tuition
$8,994
Bachelor’s list, schoolwide, 2024–25

How We Rank Economics Programs in North Carolina

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 North Carolina’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%). Master’s lists weigh graduate tuition (25%), research activity (25%), program reputation (30%), and master’s degrees awarded (20%). Doctoral lists weigh research activity (35%), program reputation (35%), and doctoral degrees awarded (30%). Master’s lists require an official school source confirming a separately admitting master’s route. Read how state lists are built.

Best Economics Schools in North Carolina by Goal

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

Lowest In-State Tuition for a Bachelor’s

University of North Carolina at Chapel Hill

$8,994 in annual undergraduate tuition and required fees for state residents (2024–25), the lowest among the 4 bachelor’s programs shown here.

Highest Schoolwide Graduation Rate

Duke University

97% 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

Duke University

The highest-scoring private school on the bachelor’s list (No. 2 overall), with a comparison score of 78.5.

Lowest Graduate Tuition for a Master’s

East Carolina University

$7,658 in annual graduate tuition and required fees for residents (2024–25), the lowest among the master’s programs shown here. These are schoolwide charges.

Top-Scoring Economics Doctorate

Duke University

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

Statewide Context: Larger Private Programs Trail UNC Chapel Hill in North Carolina Economics

This statewide overview includes all 26 eligible programs at 21 schools. Its totals, tuition comparisons, and ranks describe that wider group; the lists above feature 10 programs.

The University of North Carolina at Chapel Hill leads the state’s economics list by a wide margin. Its score of 83.2 is 13.6 points above second place, it ranks fifth nationally among 670 bachelor’s programs, and it awarded 349 economics bachelor’s degrees in 2023–24. Private colleges, including Duke, Wake Forest, and Davidson, account for 11 of the 21 ranked schools.

Below Chapel Hill, the public schools ranked second through fourth (UNC Charlotte, UNC Wilmington, and East Carolina) each awarded between 9 and 28 economics bachelor’s degrees in 2023–24. Three of the four private schools in the top 10 awarded far more: Duke 168, Wake Forest 122, and Davidson 78. All four cost more, with schoolwide 2024–25 tuition and required fees from $46,958 at Elon to $68,758 at Duke, and their schoolwide graduation rates run from 84% to 97%. Western Carolina, which reports its degrees as applied economics, has the lowest resident tuition and fees at $4,630 and awarded 4 degrees.

University of North Carolina at Charlotte leads the 2 ranked economics master’s programs in North Carolina, each with confirmed separate admission. Its program page describes the degree as Economics MS. The school reported 18 economics master’s degrees in 2023–24. Schoolwide graduate tuition and required fees for residents were $8,037 in 2024–25. East Carolina University is next in the ranking. Compare the program’s required courses and admission requirements with your planned work or further study.

Economics Careers and Pay in North Carolina

These are BLS median annual wages for North Carolina 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 North Carolina compared with the United States
OccupationNorth Carolina MedianNorth Carolina 10th–90th PercentileU.S. MedianNorth Carolina Jobs
Economist Wages in North Carolina BLS: Economists$136,150$35,460–$224,270$124,720290
Market Research Analyst Salary in North Carolina BLS: Market Research Analysts and Marketing Specialists$78,410$43,780–$155,670$78,76030,700
Survey Researcher Pay in North Carolina BLS: Survey Researchers$96,560$53,680–$171,270$69,460350

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

Economics Programs in North Carolina: Common Questions

How Many Schools in North Carolina Appear in These Economics Rankings?

8 schools in North Carolina appear in the lists shown here (4 bachelor’s, 2 master’s, 4 research doctorate programs). A school can appear at more than one degree level. The page features 10 programs selected from 26 eligible programs at 21 schools. The degree counts come from federal IPEDS completions for 2023–24.

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

University of North Carolina at Chapel Hill lists $8,994 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 North Carolina Reported Economics Research Doctorates in 2023–24?

The federal IPEDS completions file records economics research doctorates awarded in 2023–24 at Duke University (10 degrees), University of North Carolina at Chapel Hill (9 degrees), North Carolina State University at Raleigh (16 degrees), University of North Carolina at Greensboro (1 degree). These are historical award counts. Check current admissions, advisor availability, and funding directly with each department.

Do Economists Earn More in North Carolina Than Nationally?

This statewide comparison covers all 26 eligible programs, including those outside the featured lists. The median for economists in North Carolina was $136,150 in May 2025, above the U.S. median of $124,720, but the state employed only 290 of them. Far more people work as market research analysts and marketing specialists (30,700, median $78,410). These are medians for everyone in the occupation, not starting pay for new graduates.

Which North Carolina Economics Master’s Programs Have Separate Admission?

This statewide comparison covers all 26 eligible programs, including those outside the featured lists. University of North Carolina at Charlotte leads the 2 ranked economics master’s programs in North Carolina, each with confirmed separate admission. Its program page describes the degree as Economics MS. The school reported 18 economics master’s degrees in 2023–24. Schoolwide graduate tuition and required fees for residents were $8,037 in 2024–25. East Carolina University is next in the ranking. Compare the program’s required courses and admission requirements with your planned work or further study.

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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