Top 50 Economics Departments in the U.S.:

The following studies were utilized to identify the Top 50 Economics Departments:

• U.S. News and World Report. For the U.S. News and World Report ranking of U.S. economics departments click here.
• Kalaitzidakis, Mamuneas, and Stengos. For the Kalaitzidakis, Mamuneas, and Stengos rankings of U.S. economics departments click here.
• Dusansky-Vernon. For the Dusansky-Vernon ranking of U.S. economics departments click here.

Concatenation of these three studies produced a final list of the following 57 departments (excluding the University of Colorado, it was used for pre-testing):

• Top 5 (in alphabetical order)- Harvard University, Massachusetts Institute of Technology, Northwestern University, University of Chicago, and University of Pennsylvania
• 6 - 10 - New York University, Princeton University, Stanford University, University of California-Berkeley, and Yale University
• 11 - 15 - Columbia University, Cornell University, University of California-Los Angeles, University of California-San Diego, and University of Michigan-Ann Arbor
• 16 - 20 - Boston University, University of Minnesota-Twin Cities, University of Rochester, University of Texas-Austin, and University of Wisconsin
• 21 - 30 - Brown University, California Institute of Technology, Carnegie Mellon University, Duke University, Michigan State University, Ohio State University, University of Illinois-Urbana, University of Maryland, University of Pittsburgh, and University of Southern California
• 31 - 40 - Dartmouth University, Johns Hopkins University, Pennsylvania State University, University of California-Davis, University of Florida, University of Iowa, University of North Carolina-Chapel Hill, University of Virginia, University of Washington, and Washington University-St. Louis
• 41 - 50 - Boston College, Georgetown University, Indiana University-Bloomington, Iowa State, North Carolina State University, Purdue University, Rice University, Rutgers State University, State University of New York-Albany, Southern Methodist, Texas A&M University, University of Arizona, University of California-Irvine, University of California-Santa Barbara, University of Houston, Vanderbilt University, and Virginia Polytechnic Institute

*Note: The above groupings are based on the the Kalaitzidakis, Mamuneas, and Stengos (KMS) rankings and are listed in alphabetical order within each group; universities not in the KMS study, but Top 50 in one of the other studies are listed in the 41 - 50 group.

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Summary statistics on individual salary data in the public record

Summary statistics on average salary by rank and department

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Last Update: 03-01-04, visitors since March 1, 2004