West Virginia · Economics Rankings · 2027

Best Economics Programs in West Virginia for 2027

Economics programs in West Virginia are tiny: no bachelor’s program conferred more than 2 degrees in 2023-24. West Virginia University is the one school with a doctorate, and it awarded 8. Shepherd University charges $9,056 and West Virginia State University $9,570, while the private colleges, West Virginia Wesleyan and Davis & Elkins, run above $31,000.

Posted October 22, 2026Updated October 22, 20265 Schools Ranked
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Economics Bachelor’s Degree Programs in West Virginia

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

  1. 1

    West Virginia University

    Economics BA and BS

    Morgantown Public

    41.6 Comparison Score

    West Virginia offers economics as a BA or a BS inside the John Chambers College of Business and Economics. The BS pairs intermediate micro and macro theory, American economic history and Introductory Econometrics with at least 21 hours of Chambers College electives, so you can sample finance, management, marketing and business law or concentrate in one or two. Economics electives run from international economics and economic development to labor, money and banking, and public economics. Students interested in graduate work are told to take ECON 421. Research is accessible through the Research Apprenticeship Program, the Behavioral Economics and Situational Testing Lab and the Bureau of Business and Economic Research.

    Business Electives
    At least 21 hours of Chambers College courses in the BS
    Research Access
    Research Apprenticeship Program and Behavioral Economics and Situational Testing Lab
    Graduate Preparation
    ECON 421 recommended for students heading to graduate school

    Program Sources: Economics, BS | West Virginia UniversityEconomics, B.S. < West Virginia University

    Bachelor’s Degrees Awarded
    2
    Economics, 2023–24
    School Six-Year Graduation Rate
    64%
    4,711 first-time, full-time students
    Median Graduate Earnings
    $68,380
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $10,104
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $28,608
    Undergraduate, schoolwide, 2024–25
  2. 2

    Shepherd University

    Economics BS

    Shepherdstown Public

    32.6 Comparison Score

    Shepherd's Economics BS is a 30-hour major that leaves room for a minor and electives in a four-year plan. Required courses are Business Statistics, intermediate micro and macro, Applied Econometrics and a Seminar in Economics. Fifteen hours of electives can be drawn from game theory, urban economics, public finance, international trade and finance, environmental and resource economics, government and business, the economics of developing countries, business analytics and a cooperative education placement worth up to nine credits. Students can start with a college algebra, precalculus, finite math or calculus course to satisfy the math requirement.

    Required Core
    Business Statistics, intermediate theory, Applied Econometrics and Seminar in Economics
    Cooperative Education
    Up to nine credits in an economics co-op placement
    Elective Range
    Game theory, urban, environmental, international and public finance courses

    Program Sources: Program: Economics, B.S. - Shepherd University

    Bachelor’s Degrees Awarded
    2
    Economics, 2023–24
    School Six-Year Graduation Rate
    51%
    584 first-time, full-time students
    In-State Tuition + Fees
    $9,056
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $19,082
    Undergraduate, schoolwide, 2024–25
  3. 3

    West Virginia State University

    Economics BA

    Institute Public

    29.3 Comparison Score

    West Virginia State's Bachelor of Arts in Economics comes with three concentrations that point in different directions: Business Economics, Agricultural Economics and Agri-Business, and Social Science. It sits in the Department of Economics, Finance and Marketing, so students can see finance and marketing courses as neighbors. The department says the program emphasizes research, critical thinking and real-world skills, with faculty who hold doctorates. Graduates are described as ready for finance, banking, government, marketing and economic analysis, including economist roles in agriculture and the social sciences.

    Concentrations
    Business Economics, Agricultural Economics and Agri-Business, Social Science
    Department
    Economics, Finance and Marketing

    Program Sources: Economics - College of Business, Sciences, and Technology

    Bachelor’s Degrees Awarded
    1
    Economics, 2023–24
    School Six-Year Graduation Rate
    39%
    319 first-time, full-time students
    In-State Tuition + Fees
    $9,570
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $14,990
    Undergraduate, schoolwide, 2024–25
  4. 4

    West Virginia Wesleyan College

    Economics BS

    Buckhannon Private nonprofit

    21.2 Comparison Score

    West Virginia Wesleyan teaches economics inside its Thomas H. Albinson II School of Business, so the Economics BS builds in business coursework alongside the theory. The major is 42 semester hours: principles and intermediate micro and macro, ECON 250, ECON 341 and 375, two economics electives, and five BUSI courses. The curriculum stresses critical thinking and mathematical tools of analysis. Economics majors can add a fifth year to earn both the BS and an MBA, and the school promises small classes taught by faculty, one-on-one advising and optional internships.

    Major Size
    42 semester hours including five business courses
    Five-Year Option
    BS plus MBA in five years
    Program Outcomes
    Supply and demand, marginal analysis, ethics and international policy comparison

    Program Sources: West Virginia Wesleyan College 2024-2025 Undergraduate CatalogBusiness at West Virginia Wesleyan College

    Bachelor’s Degrees Awarded
    1
    Economics, 2023–24
    School Six-Year Graduation Rate
    57%
    322 first-time, full-time students
    In-State Tuition + Fees
    $34,090
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $34,090
    Undergraduate, schoolwide, 2024–25
  5. 5

    Davis & Elkins College

    Economics BS

    Elkins Private nonprofit

    16.3 Comparison Score

    Davis & Elkins offers a Bachelor of Science in Economics that leans toward forecasting business, sales and economic trends. The course list reaches into sports economics, behavioral and experimental economics, managerial and international economics, public sector economics, labor problems, and money and banking, alongside Mathematical Methods for Economics, Introduction to Econometrics, intermediate theory and a Senior Thesis. Internships usually run about ten weeks over the summer and come with a proposal, a reflective journal and a final paper, arranged with the career services director. Graduates look toward banking, real estate, economic development, health care and nonprofit policy work.

    Distinctive Electives
    Sports economics, behavioral economics and experimental economics
    Capstone
    Senior Thesis
    Internships
    About ten weeks with a proposal, journal and final paper

    Program Sources: Economics - Davis & Elkins College

    Bachelor’s Degrees Awarded
    1
    Economics, 2023–24
    School Six-Year Graduation Rate
    39%
    157 first-time, full-time students
    In-State Tuition + Fees
    $31,820
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $31,820
    Undergraduate, schoolwide, 2024–25

Economics PhD Programs in West Virginia

1 school in West Virginia 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

    West Virginia University

    Economics PhD

    Morgantown Public

    61.3 Comparison Score

    West Virginia's economics PhD is known for small classes and an open-door culture with faculty. The curriculum covers two semesters each of advanced micro and macro theory, mathematical economics, research design and a three-course econometrics sequence, plus 18 hours of 700-level electives, for 45 hours in total. Every course needs a B- or better. Specializations are health economics, monetary economics, regional and urban economics, public economics and resource economics. The catalog notes that the doctorate is not awarded for accumulating credits, that at least four years of full-time graduate work are usually required, and that two consecutive semesters must be spent in residence.

    Specializations
    Health, monetary, regional and urban, public, and resource economics
    Curriculum
    Theory and econometrics core, 18 elective hours and a dissertation, 45 hours total
    Grade Standard
    Minimum B- in all courses

    Program Sources: Economics Ph.D. | John Chambers College of Business and Economics | West Virginia UniversityEconomics, Ph.D. < West Virginia University

    Doctoral Degrees Awarded
    8
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $11,412
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $29,538
    Graduate, schoolwide, 2024–25

Economics Programs in West Virginia at a Glance

Ranked Schools
5
3 public, 2 private
Bachelor’s Programs
5
7 degrees in 2023–24
Doctoral Programs
1
8 degrees in 2023–24
Lowest In-State Tuition
$9,056
Bachelor’s list, schoolwide, 2024–25

How We Rank Economics Programs in West Virginia

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 West Virginia’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 West Virginia by Goal

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

Lowest In-State Tuition for a Bachelor’s

Shepherd University

$9,056 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

West Virginia University

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

Top-Scoring Private College

West Virginia Wesleyan College

The highest-scoring private school on the bachelor’s list (No. 4 overall), with a comparison score of 21.2.

Graduate Study at an R1 University

West Virginia University

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

Top-Scoring Economics Doctorate

West Virginia University

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

Economics in West Virginia: Morgantown Leads the Bachelor’s List

Economics bachelor’s programs here are small. The six schools awarded 12 bachelor’s degrees combined in 2023–24. Bethany College had the most with 5. West Virginia University and Shepherd University awarded 2 each. Expect a small class of majors wherever you enroll.

Cost is the clearest divider. The private colleges run from $31,820 at Davis & Elkins College to $36,102 at Bethany.

Economics Careers and Pay in West Virginia

These are BLS median annual wages for West Virginia 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 West Virginia compared with the United States
OccupationWest Virginia MedianWest Virginia 10th–90th PercentileU.S. MedianWest Virginia Jobs
Market Research Analyst Pay in West Virginia BLS: Market Research Analysts and Marketing Specialists$52,340$34,160–$93,430$78,7601,650

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

Economics Programs in West Virginia: Common Questions

How Many Schools in West Virginia Appear in These Economics Rankings?

5 schools in West Virginia appear in the lists shown here (5 bachelor’s, 1 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 West Virginia Has the Lowest Tuition?

Shepherd University lists $9,056 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 West Virginia Reported Economics Research Doctorates in 2023–24?

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

Where Can I Compare Economics Research Doctorates in West Virginia?

West Virginia University is the ranked economics research doctorate program on the West Virginia list. It reported 8 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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