Wisconsin · Economics Rankings · 2027

Best Economics Programs in Wisconsin for 2027

The University of Wisconsin-Madison graduated 431 economics majors at $11,603, holds the country’s top-ranked master’s, and has a doctorate ranked 7th. Oshkosh and Whitewater are the least expensive at $8,532 and $8,616. Marquette is the one private choice, at $51,170, and Wisconsin-La Crosse reaches a 71% graduation rate at $10,070.

Posted October 22, 2026Updated October 22, 20267 Schools Ranked
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Economics Bachelor’s Degree Programs in Wisconsin

7 schools in Wisconsin awarded economics bachelor’s degrees in 2023–24, scored against 670 bachelor’s programs nationwide. This section shows the top 7 of 16 eligible programs at this level.

  1. 1

    University of Wisconsin-Madison

    Economics BA

    Madison Public

    77.7 Comparison Score No. 19 Nationally

    Wisconsin’s economics BA offers a mathematical emphasis for students who want more preparation for graduate study. That route adds multivariable calculus and linear algebra to the economics curriculum and requires Introductory Econometrics. Advanced economics choices include analytical public finance and the financial system. Students considering departmental honors should plan around the mathematical emphasis, since completing that curriculum is part of the honors requirements rather than a separate optional recommendation.

    Mathematical Emphasis
    Adds multivariable calculus, linear algebra or differential equations, and probability and mathematical statistics
    Honors Capstone
    ECON 580 Honors Tutorial in Research Project Design, then ECON 581 Honors Thesis or the two-term Senior Honors Thesis, with a 3.5 GPA in economics
    Residency
    15 credits in economics taken on the Madison campus and a 2.0 GPA over 15 upper-level major courses

    Program Sources: Economics: Mathematical Emphasis | UW-Madison GuideEconomics: Mathematical Emphasis | UW-Madison Guide

    Bachelor’s Degrees Awarded
    431
    Economics, 2023–24
    School Six-Year Graduation Rate
    90%
    6,851 first-time, full-time students
    Median Graduate Earnings
    $85,366
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $11,603
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $42,103
    Undergraduate, schoolwide, 2024–25
  2. 2

    University of Wisconsin-La Crosse

    Economics Major (BS)

    La Crosse Public

    58.4 Comparison Score

    La Crosse houses its economics BS in the College of Business Administration, so you take the sixteen-course business core, including accounting, finance, operations, information systems, business statistics and a capstone in applied business strategy, and add 21 credits of upper-level economics. That block starts with intermediate macro and micro analysis and Introduction to Econometrics, then twelve credits of electives, three of which can come from elsewhere in the business college. Up to three internship credits count. An honors program requires a 3.25 major GPA, an econometrics or mathematical economics course, and a thesis presented to a colloquium of faculty and students.

    Business Core
    Sixteen business core courses plus a business strategy capstone
    Upper-Level Economics
    21 credits including intermediate theory and econometrics
    Honors Thesis
    Requires a 3.25 major GPA and a thesis presented at a colloquium

    Program Sources: Economics Major - Bachelor of Science (BS) | UW-La Crosse CatalogEconomics Honors Program | UW-La Crosse Catalog

    Bachelor’s Degrees Awarded
    23
    Economics, 2023–24
    School Six-Year Graduation Rate
    71%
    2,176 first-time, full-time students
    Median Graduate Earnings
    $71,768
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $10,070
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $19,517
    Undergraduate, schoolwide, 2024–25
  3. 3

    Marquette University

    Business Economics BS and Economics BA

    Milwaukee Private nonprofit

    53.4 Comparison Score

    Marquette teaches economics in two colleges, so the first choice is the degree. The Business Economics BS sits in the College of Business Administration with a 55-credit business core, an analytics requirement that econometrics can satisfy, and at least one international business elective, and it is built to pair with other business majors. The Economics BA, in the Klingler College of Arts and Sciences, folds economics into the Marquette Core Curriculum. The department's distinctive hands-on experiences are the Regulatory Economics program and the Fed Challenge team, and the Milwaukee metro area supplies internships with leading firms and government agencies.

    Hands-On Programs
    Regulatory Economics program and Fed Challenge
    BS Analytics Requirement
    One analytics elective, which can be Introduction to Econometrics
    Degree Homes
    BS in Business Administration; BA in Arts and Sciences

    Program Sources: Business Economics, BS | Marquette University Bulletin

    Bachelor’s Degrees Awarded
    14
    Economics, 2023–24
    School Six-Year Graduation Rate
    83%
    2,162 first-time, full-time students
    Median Graduate Earnings
    $82,722
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $51,170
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $51,170
    Undergraduate, schoolwide, 2024–25
  4. 4

    University of Wisconsin-Whitewater

    Economics BA, BS and BBA

    Whitewater Public

    52.6 Comparison Score

    Whitewater offers economics through two colleges. The BA or BS in Letters and Sciences is 30 units with a required approved minor, so the degree is designed to travel with another field. After principles, business statistics, intermediate micro and macro and econometrics, you choose fifteen units from electives such as Data Management and Handling, Big Data Methods for Business, Race, Gender and Economic Justice, Labor Markets, Business Cycles, Urban Economics and Environmental and Natural Resource Economics. A BBA in the College of Business and Economics is also available, including an online version through the UW online degree program.

    Required Pairing
    Approved minor required with the BA or BS
    Data Electives
    Data Management and Handling; Big Data Methods for Business
    Other Format
    Economics BBA, with an online option

    Program Sources: Economics Requirements (BA/BS) | UW-Whitewater Catalog

    Bachelor’s Degrees Awarded
    16
    Economics, 2023–24
    School Six-Year Graduation Rate
    63%
    1,832 first-time, full-time students
    Median Graduate Earnings
    $77,395
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $8,616
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $18,716
    Undergraduate, schoolwide, 2024–25
  5. 5

    University of Wisconsin-Eau Claire

    Quantitative Economics BA, BS and BBA

    Eau Claire Public

    51.8 Comparison Score

    Eau Claire builds its economics major around quantitative reasoning. The liberal arts major takes principles, intermediate micro and macro theory, Econometrics and a four-credit elementary statistics course, then adds electives such as game theory, sports economics, environmental economics, health economics or a Global Economics Immersion Experience. A comprehensive business version leads to a BBA. An applied economics internship course helps with career preparation, the department keeps a file of alumni mentors and sponsors visits to graduate schools, and the departmental honors program requires an economics GPA of 3.50 and completion of the full major, Econometrics included.

    Core Quantitative Courses
    Econometrics and four-credit Elementary Statistics
    Elective Range
    Game theory, sports, environmental and health economics
    Career Support
    Alumni mentor file, internships and graduate school visits

    Program Sources: Quantitative Economics, Major - Liberal Arts | UW-Eau Claire Catalog

    Bachelor’s Degrees Awarded
    17
    Economics, 2023–24
    School Six-Year Graduation Rate
    65%
    2,324 first-time, full-time students
    Median Graduate Earnings
    $69,435
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $9,642
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $19,228
    Undergraduate, schoolwide, 2024–25
  6. 6

    University of Wisconsin-Oshkosh

    Economics BS, Quantitative Emphasis

    Oshkosh Public

    50.4 Comparison Score

    Oshkosh splits its economics offering in two. The BBA sits in the School of Business with the business core and is easy to combine with another business major. The BS in Economics comes with four emphases: General, International, Applied Social Sciences and Quantitative. The Quantitative emphasis adds statistics, econometrics and predictive analytics to the core theory and suits students planning field research, data-heavy industry work or graduate study in economics, business administration or health and public policy. The Applied Social Sciences emphasis lets students from other disciplines count up to three major courses toward an economics second major.

    BS Emphases
    General, International, Applied Social Sciences and Quantitative
    Quantitative Content
    Statistics, econometrics and predictive analytics
    Second-Major Path
    Applied Social Sciences emphasis counts up to three courses from another major

    Program Sources: Economics Majors | School of Business | University of Wisconsin-Oshkosh

    Bachelor’s Degrees Awarded
    15
    Economics, 2023–24
    School Six-Year Graduation Rate
    54%
    1,667 first-time, full-time students
    Median Graduate Earnings
    $79,267
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $8,532
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $16,446
    Undergraduate, schoolwide, 2024–25
  7. 7

    University of Wisconsin-Milwaukee

    Economics, BA

    Milwaukee Public

    50.4 Comparison Score

    UWM lets you take its economics BA fully online, fully in person or a mix of both, with personalized advising from faculty. Students choose among focus areas in economic theory, quantitative methods including econometrics, public policy, law and the economy, labor economics and international economic relations, and the electives are described as highly flexible. A combined BA and MA pathway is available. The department draws a clear line between economics, which looks at overall markets and policy, and finance, which concentrates on individual businesses and people, which helps if you are deciding between the two.

    Formats
    Fully online, fully in person or mixed
    Focus Areas
    Theory, econometrics, public policy, law, labor and international relations
    Accelerated Option
    Combined BA and MA in economics

    Program Sources: Economics, BA | UW-Milwaukee

    Bachelor’s Degrees Awarded
    25
    Economics, 2023–24
    School Six-Year Graduation Rate
    53%
    3,183 first-time, full-time students
    Median Graduate Earnings
    $64,454
    Economics bachelor’s graduates, College Scorecard
    In-State Tuition + Fees
    $10,398
    Undergraduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $22,398
    Undergraduate, schoolwide, 2024–25

Economics Master’s Programs in Wisconsin

1 school in Wisconsin has 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 1 of 1 eligible programs at this level.

  1. 1

    University of Wisconsin-Madison

    Quantitative Economics MS

    Madison Public

    91.4 Comparison Score No. 1 Nationally

    Wisconsin’s quantitative economics MS is a coursework-based degree with no master’s thesis. Its core combines microeconomics and econometrics with causal estimation, machine learning, and a course on advances in artificial intelligence for economists. Students add three electives from an approved set that includes labor markets, international trade, and financial economics. The program is designed for full-time study, with most students completing four semesters and an approved three-semester path also possible.

    Program Shape
    Seven core courses in microeconomics, econometrics and quantitative methods plus three electives, with no thesis
    Newer Courses
    Machine Learning for Economists, Applications of Machine Learning in Economics and Advances in Artificial Intelligence for Economists
    Duration
    Four semesters for most students, with a three-semester path possible
    Degree Purpose
    Terminal master's with more econometric training than similar programs

    Program Sources: MSQE Program Requirements | UW-Madison EconomicsQuantitative Economics, MS | UW-Madison Guide

    Master’s Degrees Awarded
    147
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $12,325
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $25,651
    Graduate, schoolwide, 2024–25

Economics PhD Programs in Wisconsin

2 schools in Wisconsin 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

    University of Wisconsin-Madison

    PhD in Economics

    Madison Public

    94.8 Comparison Score No. 7 Nationally

    Wisconsin-Madison gives every economics doctoral student a year of econometrics, with further study in nonlinear estimation and inference available to specialists. Its public economics research covers taxation, social insurance, education, income distribution, and health. Preparation for entry is substantial: the department expects a three-course calculus sequence, linear algebra, and mathematical statistics. Those requirements make the program’s mathematical demands clear before students begin choosing their research fields.

    Fields
    Seven: econometrics, industrial organization, international, labor, macro and monetary, microeconomic theory, and public economics
    Math Preparation
    A three-course calculus sequence, linear algebra and mathematical statistics
    Time To Degree
    Most students finish in five or six years

    Program Sources: Doctoral Program Admissions | UW-Madison EconomicsDoctoral Fields of Study | UW-Madison Economics

    Doctoral Degrees Awarded
    29
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $12,325
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $25,651
    Graduate, schoolwide, 2024–25
  2. 2

    University of Wisconsin-Milwaukee

    Economics, PhD

    Milwaukee Public

    50.0 Comparison Score

    Milwaukee's economics PhD does not require a master's degree for admission, and it asks for 54 credits beyond the bachelor's, at least 27 in residence and at least 42 in economics. The core is advanced micro and macro theory, twelve credits in quantitative theory, fifteen credits across two areas of concentration, a research skill requirement filled through computer science, math, statistics or econometrics, and a minor field of 9 to 12 credits outside economics or electives. Concentrations include econometrics, growth and development, industrial organization, international economics, labor, monetary theory and urban and regional economics. New students start in fall, and files read by January 15 get fullest consideration.

    Credit Requirement
    54 credits beyond the bachelor's, 42 in economics
    Concentration Areas
    Industrial organization, international, labor, monetary and urban and regional economics
    Admission
    Master's degree not required; GRE optional but recommended

    Program Sources: Economics, PhD | UW-Milwaukee

    Doctoral Degrees Awarded
    5
    Economics, 2023–24
    Research Designation
    R1
    Institution, Carnegie 2025
    In-State Tuition + Fees
    $12,728
    Graduate, schoolwide, 2024–25
    Out-of-State Tuition + Fees
    $26,159
    Graduate, schoolwide, 2024–25

Economics Programs in Wisconsin at a Glance

Ranked Schools
7
6 public, 1 private
Bachelor’s Programs
7
541 degrees in 2023–24
Master’s Programs
1
147 degrees in 2023–24
Doctoral Programs
2
34 degrees in 2023–24
Lowest In-State Tuition
$8,532
Bachelor’s list, schoolwide, 2024–25

How We Rank Economics Programs in Wisconsin

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 Wisconsin’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 Wisconsin by Goal

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

Lowest In-State Tuition for a Bachelor’s

University of Wisconsin-Oshkosh

$8,532 in annual undergraduate tuition and required fees for state residents (2024–25), the lowest among the 7 bachelor’s programs shown here.

Most Economics Bachelor’s Graduates

University of Wisconsin-Madison

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

Top-Scoring Private College

Marquette University

The highest-scoring private school on the bachelor’s list (No. 3 overall), with a comparison score of 53.4.

Graduate Study at an R1 University

University of Wisconsin-Madison

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

Bachelor’s and Master’s at One School

University of Wisconsin-Madison

Awarded economics degrees at both levels in 2023–24, so you can compare the undergraduate major and a later master’s in one department.

Statewide Context: What Wisconsin Economics Students Should Compare

This statewide overview includes all 19 eligible programs at 16 schools. Its totals, tuition comparisons, and ranks describe that wider group; the lists above feature 10 programs.

Economics programs at 16 Wisconsin schools made this list, 11 public and 5 private. Their ranked programs awarded 774 degrees in 2023–24.

Madison is the clear volume leader, pairing a 90% schoolwide graduation rate with $11,603 in in-state tuition and fees. Smaller public programs offer lower costs. UW-La Crosse ranks second with 23 bachelor’s degrees and a 71% graduation rate. UW-Eau Claire awarded 17 at $9,642, and UW-Whitewater awarded 16 at $8,616.

Across the bachelor’s list, costs range from $8,270 to $60,886, so check each school’s in-state figure before comparing.

University of Wisconsin-Madison in Madison is the ranked economics master’s option with confirmed separate admission. Its program page describes the degree as Quantitative Economics MS. The school reported 147 economics master’s degrees in 2023–24. Schoolwide graduate tuition and required fees for residents were $12,325 in 2024–25. Compare the program’s required courses and admission requirements with your planned work or further study.

Economics Careers and Pay in Wisconsin

These are BLS median annual wages for Wisconsin 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 Wisconsin compared with the United States
OccupationWisconsin MedianWisconsin 10th–90th PercentileU.S. MedianWisconsin Jobs
Economist Wages in Wisconsin BLS: Economists$84,000$53,340–$132,270$124,720280
Market Research Analyst Salary in Wisconsin BLS: Market Research Analysts and Marketing Specialists$64,800$42,640–$117,910$78,76015,600
Survey Researcher Pay in Wisconsin BLS: Survey Researchers$92,660$66,800–$125,410$69,46060

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

Economics Programs in Wisconsin: Common Questions

How Many Schools in Wisconsin Appear in These Economics Rankings?

7 schools in Wisconsin appear in the lists shown here (7 bachelor’s, 1 master’s, 2 research doctorate programs). A school can appear at more than one degree level. The page features 10 programs selected from 19 eligible programs at 16 schools. The degree counts come from federal IPEDS completions for 2023–24.

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

University of Wisconsin-Oshkosh lists $8,532 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 Wisconsin Reported Economics Research Doctorates in 2023–24?

The federal IPEDS completions file records economics research doctorates awarded in 2023–24 at University of Wisconsin-Madison (29 degrees), University of Wisconsin-Milwaukee (5 degrees). These are historical award counts. Check current admissions, advisor availability, and funding directly with each department.

Is There a Cheaper Public Economics Option in Wisconsin?

This statewide comparison covers all 19 eligible programs, including those outside the featured lists. UW-Whitewater, ranked fourth, charges $8,616 in 2024–25 in-state tuition and fees and has a 63% schoolwide graduation rate.

Which Wisconsin Economics Master’s Programs Have Separate Admission?

This statewide comparison covers all 19 eligible programs, including those outside the featured lists. University of Wisconsin-Madison in Madison is the ranked economics master’s option with confirmed separate admission. Its program page describes the degree as Quantitative Economics MS. The school reported 147 economics master’s degrees in 2023–24. Schoolwide graduate tuition and required fees for residents were $12,325 in 2024–25. 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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