The world runs on economics, and understanding its intricate workings can empower you to navigate the complex decisions we face daily. Europe, a vibrant continent with a rich economic history, boasts a multitude of esteemed universities offering exceptional economics programs.
Choosing the right university for your economics studies can be a daunting task, especially with the vast array of options available in Europe.
Where will your journey in economics take you? From the bustling heart of London to the historic city centers of France and Italy, Europe offers a wealth of academic and cultural experiences for aspiring economists.
There are many excellent universities to choose from, each with its unique strengths and specializations. To help you narrow down your search, we have compiled a list of the top 25 economics universities in Europe in 2024.
Why Study Economics in Europe?
Europe is home to some of the world’s most prestigious and respected universities, many of which offer top-notch economics programs. Studying economics in Europe offers several advantages, including:
- World-class education: Europe’s universities are renowned for their academic rigor and cutting-edge research. You will have the opportunity to learn from leading economists and gain exposure to the latest research in the field.
- International perspective: Europe is a diverse continent with a rich economic history and a variety of economic systems. Studying economics in Europe will give you a global perspective on the field and help you understand the challenges and opportunities facing different economies around the world.
- Affordable tuition: While some European universities are expensive, there are also many affordable options available. You can also apply for scholarships to help you finance your studies.
If you are interested in studying economics, Europe is an excellent place to do so. With its world-class universities, international perspective, and networking opportunities, Europe can provide you with the education and experiences you need to succeed in your career.
The Importance of Choosing the Right Economics University
European universities are always renowned for high-quality education and research facilities. Most universities offer prestigious courses like medicine, arts, engineering, economics, business studies and many more. Selecting English-speaking universities for your your economics studies is a crucial decision that can shape your academic and professional future. It’s not just about the institution’s prestige but also about finding a program that aligns with your goals and interests.
Criteria for Ranking Economics Universities
To compile this list of the best economics universities in Europe, we’ve considered factors such as academic reputation, research output, faculty expertise, student-to-faculty ratio, and global recognition.
Overview and List of 25 Best Economics Universities in Europe 2024
| Sl. No | University | Country | Ranking 2024 (Economics) | Foundation Year |
| 1 | University of Oxford | United Kingdom | 1st in the UK and 9th in the world | 1096 |
| 2 | London School of Economics and Political Science | United Kingdom | 2nd in the UK and 15th in the world | 1895 |
| 3 | University of Cambridge | United Kingdom | 3rd in the UK and 19th in the world | 1209 |
| 4 | University College London | United Kingdom | 5th in the UK and 33th in the world | 1826 |
| 5 | Imperial College London | United Kingdom | 7th in the UK and 55th in the world | 1907 |
| 6 | ETH Zurich | Switzerland | 1st in the Switzerland and 55th in the world | 1854 |
| 7 | King’s College London | United Kingdom | 10th in the UK and 59th in the world | 1829 |
| 8 | University of Amsterdam | Netherlands | 1st in the Netherlands and 45th in the world | 1633 |
| 9 | University of Copenhagen | Denmark | 1st in Denmark and 68th in the world | 1479 |
| 10 | Utrecht University | Netherlands | 4th in Netherlands and 88th in the world | 1636 |
| 11 | Toulouse School of Economics | France | 1st in France | 2006 |
| 12 | Paris School of Economics | France | 2nd in France and 54th in the world | 2006 |
| 13 | Barcelona School of Economics | Spain | 2nd in Spain and 62th in the world | 2006 |
| 14 | Stockholm School of Economics | Sweden | 1st in Sweden and 56th in the world | 1909 |
| 15 | Erasmus University Rotterdam | Netherlands | 8th in Europe and 53rd in the world | 1913 |
| 16 | Tilburg University | Netherlands | 21st in Europe and 87th in the world | 1927 |
| 17 | University of Warwick | United Kingdom | 7th in Europe and 50th in the world | 1965 |
| 18 | University of Nottingham | United Kingdom | 10th in Europe and 56th in the world | 1881 |
| 19 | University of Manchester | United Kingdom | 4th in Europe and 29th in the world | 2004 |
| 20 | University of Edinburgh | United Kingdom | 11th in Europe and 58th in the world | 1583 |
| 21 | University of Pompeu Fabra | Spain | 3rd in Spain and 196th in the world | 1990 |
| 22 | Nova School of Business and Economics | Portugal | 3rd in Portugal and 42th in the world | 1978 |
| 23 | University of Zurich | Switzerland | 36th in Europe and 131th in the world | 1833 |
| 24 | University of Leuven | Belgium | 13th in Europe and 63th in the world | 1425 |
| 25 | Aarhus University | Denmark | 25th in Europe and 96th in the world | 1928 |
N.B: Rankings and study costs may vary depending on time and some other factor. Visit particular varsity websites for the latest updates.
University of Oxford
Established Year: 1096
Location: Wellington Square, Oxford OX1 2JD, England
Academic Reputation
Oxford is consistently ranked as one of the top universities in the world. The Department of Economics is one of the largest, 1st in the UK and the most respected in the world.
Faculty Expertise
The Department of Economics is home to several world-leading economists. The faculty has a strong research focus and publishes extensively in top academic journals.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at Oxford University is £34,770
London School of Economics and Political Science (LSE)
Established Year: 1895
Location: London, England
Academic Reputation
LSE is consistently ranked as one of the top universities in the UK. The Department of Economics is one of the largest, 2nd in the UK, and most respected in the world.
Faculty Expertise
Its Economics Department hosts numerous globally renowned economists. Our faculty demonstrates a robust emphasis on research and consistently contributes to esteemed academic publications.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at LSE is £33,400 per year.
University of Cambridge
Established Year: 1209
Location: Cambridge, England
Academic Reputation
Cambridge is consistently ranked (19th) as one of the top universities in the world. The Department of Economics is ranked 3rd in the UK.
Faculty Expertise
The University of Cambridge is renowned for its research across a wide range of disciplines, including science, humanities, social sciences, and technology. It offers undergraduate and postgraduate programs in various fields. The faculty has a strong research focus and publishes extensively in top academic journals.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at the University of Cambridge is £33,280
University College London
Established Year: 1826
Location: London, England
Academic Reputation
UCL is renowned for its academic reputation and consistently ranks among the top universities globally. Its economics department is highly regarded for research and teaching.
Faculty Expertise
UCL’s economics faculty consists of world-class experts and scholars in various economic fields, offering students a wealth of knowledge and mentorship. The faculty has a strong research focus and publishes extensively in top academic journals.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at UCL is £9,500 per year.
Imperial College London
Established Year: 1907
Location: London, England
Academic Reputation
Imperial College London is consistently ranked among the top 50 universities in the world. The Department of Economics is one of the most respected in the world.
Faculty Expertise
Imperial’s economics faculty comprises experts who apply economic principles to address contemporary challenges. Students benefit from a diverse range of perspectives.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at Imperial College London is £9,000 per year.
ETH Zurich
Established Year: 1854
Location: Zurich, Switzerland
Academic Reputation
The university offers a wide range of undergraduate, graduate, and doctoral programs in various scientific, engineering, and technological fields. It is particularly renowned for its programs in the natural sciences, engineering, and computer science.
Faculty Expertise
ETH Zurich is highly regarded for its cutting-edge research across a wide range of disciplines. It has numerous research institutes and conducts groundbreaking research in areas such as robotics, artificial intelligence, materials science, and more.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at ETH Zurich is CHF 12,000 per year approx.
King’s College London
Established Year: 1829
Location: London, England
Academic Reputation
The university is known for its excellence in various fields, including economics, humanities, school of arts, social sciences, natural sciences, and health-related disciplines. It consistently ranks among the top universities globally.
Faculty Expertise
The university is actively involved in cutting-edge research and is a member of the Russell Group, which represents 24 leading public research universities in the UK.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at King’s College London is £8,000 per year approx.
Established Year: 1633
Location: Amsterdam, Netherlands
Academic Reputation
The university enjoys a strong academic reputation and consistently ranks (1st in the Netherlands) among the top universities in Europe and globally. Its economics department is renowned for research and teaching.
Faculty Expertise
UvA offers a wide range of undergraduate, graduate, and doctoral programs in various fields, including economics, humanities, social sciences, natural sciences, economics, and more. The university is known for its strong research programs and has contributed to various scientific advancements in different disciplines.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at the University of Amsterdam is €8,000 per year approx.
University of Copenhagen
Established Year: 1479
Location: Copenhagen, Denmark
Academic Reputation
The University of Copenhagen is consistently ranked among the top 100 universities in the world. The Department of Economics is ranked 1st in Denmark.
Faculty Expertise
The faculty has a strong research focus and publishes extensively in top academic journals. The university offers a wide range of programs and degrees in various fields of study, including humanities, social sciences, natural sciences, health sciences, and more.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at the University of Copenhagen is DKK 43,000 per year approx.
Utrecht University
Established Year: 1636
Location: Utrecht, Netherlands
Academic Reputation
Utrecht University is consistently ranked among the top 100 universities in the world. Its economics department is renowned (4th position in the Netherlands) for research and teaching.
Faculty Expertise
The economics faculty at Utrecht University comprises accomplished scholars who actively contribute to economic research, providing students with valuable insights.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at Utrecht University is €8,100 per year approx.
Toulouse School of Economics
Established Year: 2006
Location: Toulouse, France
Academic Reputation
Toulouse School of Economics is consistently ranked among the top 100 economics schools in the world. It is one of the most prestigious (Ranked 1st in France) institutions in France and is known for its strong research focus.
Faculty Expertise
TSE is renowned for its research in various fields of economics, including microeconomics, macroeconomics, econometrics, and more. Many of its faculty members are highly regarded in their respective fields.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at Toulouse School of Economics is €3,770 per year approx.
Paris School of Economics
Established Year: 2006
Location: Paris, France
Academic Reputation
Paris School of Economics is a prestigious research institution that is consistently ranked among the top economics schools in the world (54th). It is known for its rigorous academic programs and its commitment to providing students with a world-class education in economics.
Faculty Expertise
The faculty at the Paris School of Economics is composed of world-renowned economists who are experts in a wide range of fields, including macroeconomics, microeconomics, and econometrics.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at the Paris School of Economics is €10,000 per year approx.
Barcelona School of Economics
Established Year: 2006
Location: Barcelona, Spain
Academic Reputation
The Barcelona School of Economics stands as a prominent research institution, consistently securing the 2nd position among Spain’s top economics schools in various European rankings. Renowned for its pioneering research initiatives, the institution maintains a steadfast dedication to furnishing students with a hands-on approach to learning economics.
Faculty Expertise
The team at the Barcelona School of Economics consists of globally recognized economists specializing in various domains such as finance, international economics, and economic development. These experts are highly proficient in their respective fields, ensuring a diverse and knowledgeable faculty.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at the Barcelona School of Economics is €12,000 per year approx.
Established Year: 1909
Location: Stockholm, Sweden
Academic Reputation
The Stockholm School of Economics holds a strong academic reputation and consistently ranks (1st in Sweden) among the top economics institutions in Scandinavia and Europe.
Faculty Expertise
The faculty at the Stockholm School of Economics is composed of world-renowned economists who are experts in a wide range of fields, including economic theory, econometrics, and economic policy.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at Stockholm School of Economics is SEK 250,000 approx.
Erasmus University Rotterdam
Established Year: 1913
Location: Rotterdam, Netherlands
Academic Reputation
Erasmus University Rotterdam holds a strong academic reputation and is consistently ranked (8th) among the top universities in Europe. Its economics department is recognized for its research and teaching.
Faculty Expertise
At Erasmus University Rotterdam, the team consists of globally recognized economists specializing in diverse fields such as behavioral economics, development economics, and financial economics.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at Erasmus University Rotterdam is €8,500 per year approx.
Tilburg University
Established Year: 1927
Location: Tilburg, Netherlands
Academic Reputation
Tilburg University is a young and dynamic institution that has quickly established itself as a leading research university in the Netherlands. The Department of Economics is one of the largest and most respected in Europe.
Faculty Expertise
The faculty at Tilburg is a blend of academia and practice, a unique concoction of knowledge and experience. Students find inspiration in every lecture.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at Tilburg University is €8,200 per year approx.
University of Warwick
Established Year: 1965
Location: Coventry, England
Academic Reputation
The University of Warwick is a leading research university that is consistently ranked among the top 100 universities in the world. The Department of Economics is one of the largest and most respected in the United Kingdom.
Faculty Expertise
The faculty at Warwick is an assembly of the sharpest minds. Students are guided by leaders in the field who inspire brilliance. They are experts in a wide range of fields, including game theory, behavioral economics, and development economics.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at the University of Warwick is £33,100 approx.
University of Nottingham
Established Year: 1881
Location: Nottingham, England
Academic Reputation
Nottingham is known for its unwavering academic reputation. Its economics programs are a reflection of British education’s timeless quality. The University of Nottingham is a world-renowned institution that is consistently ranked among the top 100 universities in the world.
Faculty Expertise
The faculty at Nottingham is an assembly of seasoned educators and bright young minds. Students receive a blend of tradition and innovation. Their renowned economists are experts in a wide range of fields, including economic history, environmental economics, and labor economics.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at the University of Nottingham is £32,400 approx.
University of Manchester
Established Year: 2004
Location: Manchester, England
Academic Reputation
The University of Manchester is a world-renowned institution that is consistently ranked (29th) among the top 50 universities in the world. The Department of Economics is one of the largest and most respected in the United Kingdom.
Faculty Expertise
The faculty at Manchester is a blend of wisdom and innovation. Students benefit from the wisdom of experienced educators and the enthusiasm of young scholars. Faculty members are experts in a wide range of fields, including financial economics, econometrics, and economic development.
Average Cost of Study
The average cost of study for an undergraduate degree in Economics at the University of Manchester is £34,500 approx.
University of Edinburgh
Established Year: 1583
Location: Edinburgh, Scotland
Academic Reputation
A beacon of intellectual excellence for centuries, the University of Edinburgh stands as a testament to Scotland’s rich academic heritage. Its Department of Economics, steeped in tradition and innovation, has nurtured some of the brightest minds in the field.
Faculty Expertise
Renowned economists with a global perspective grace the halls of Edinburgh’s Economics Department, sharing their insights and expertise with aspiring scholars. From microeconomic intricacies to macroeconomic forecasting, the faculty’s depth of knowledge is unparalleled.
Average Cost of Study
The University of Edinburgh offers an investment in knowledge that yields lifelong dividends. The average cost of study in Economics is £32,900 approx.
University of Pompeu Fabra
Established Year: 1990
Location: Barcelona, Spain
Academic Reputation
Pompeu Fabra University is the matador of academic innovation. Its economics programs are known for challenging the status quo.
Faculty Expertise
The faculty at Pompeu Fabra is a sangria of wisdom and audacity. Students are guided by educators who dare to push the boundaries of knowledge.
Average Cost of Study
The cost of studying economics at Pompeu Fabra University is €12,000 per year. Scholarships and financial aid ensure that education is accessible to all.
Nova School of Business and Economics
Established Year: 1978
Location: Lisbon, Portugal
Academic Reputation
Nestled in the heart of Lisbon, Nova School of Business and Economics stands as a beacon of economic excellence. Its Department of Economics, a driving force in the Portuguese economic landscape, has garnered international acclaim for its innovative research and teaching methods.
Faculty Expertise
A team of passionate and engaging economists, drawn from diverse academic backgrounds, guides students through the complexities of economic theory and practice. Their expertise, spanning a wide range of disciplines, ensures that students gain a holistic understanding of the subject.
Average Cost of Study
Nova School of Business and Economics offers an investment in knowledge that yields a lifetime of rewards. The average cost of study is €15,000 per year approx.
University of Zurich
Established Year: 1833
Location: Zurich, Switzerland
Academic Reputation
Zurich’s reputation is the Swiss chocolate of academia—sweet and cherished. Its economic programs are known for their rigor and global perspective.
Faculty Expertise
The faculty at Zurich is a Swiss watch, precise and timeless. Students benefit from the knowledge of experts who’ve honed their skills.
Average Cost of Study
The cost of studying economics at the University of Zurich is CHF 12,000 per year approx. Their scholarships and financial aid make sure that precision education reaches all.
University of Leuven
Established Year: 1425
Location: Leuven, Belgium
Academic Reputation
Steeped in centuries of academic excellence, the University of Leuven stands as a beacon of intellectual enlightenment in the heart of Europe. Its Department of Economics, a cornerstone of the institution’s academic prowess, has nurtured generations of economists who have left an indelible mark on the world.
Faculty Expertise
A constellation of renowned economists, each with a unique perspective and a wealth of expertise, guides students through the labyrinthine world of economics. Their insights, spanning a vast array of subfields, ensure that students gain a comprehensive understanding of the discipline.
Average Cost of Study
The University of Leuven offers an investment in knowledge that yields lifelong rewards. The average cost of study is €8,000 per year approx.
Aarhus University
Established Year: 1928
Location: Aarhus, Denmark
Academic Reputation
Aarhus’s reputation is the Nordic design of academia—sleek and highly regarded. Its economics programs are known for their contemporary approach.
Faculty Expertise
The faculty at Aarhus is a blend of Danish pragmatism and intellectual ambition. Students benefit from educators who bring real-world insights to the classroom.
Average Cost of Study
The cost of studying economics at Aarhus University is DKK 43,000 per year approx.
Frequently Asked Questions
Some of the best economics universities in Europe include the University of Oxford in the UK, the London School of Economics and Political Science (LSE) in the UK, the University of Cambridge in the UK, the University of Zurich in Switzerland, and the University of Amsterdam in the Netherlands.
Yes, economics degrees from reputable European universities are generally recognized internationally. However, it’s important to verify the accreditation and reputation of the specific economics program and university to ensure that the degree will be accepted in your desired country or region.
Yes, many European universities welcome applications from international students to their economics programs. However, admission requirements, application procedures, and tuition fees may vary for international applicants.
Thousands of bachelor’s and master’s degree courses in different universities are taught in English.
Final Thoughts
Europe offers an exceptional academic landscape for aspiring economists, with its renowned universities providing world-class education, renowned faculty, and a vibrant intellectual environment.
From the historic halls of Oxford and Cambridge to the innovative research centers of ETH Zurich and LSE, these institutions foster a stimulating atmosphere where students can delve into the depths of economic theory and analysis.
Embrace the opportunity to study economics in Europe and embark on an enriching journey of academic excellence and intellectual exploration. Best of luck!
With a profound passion for international education, I am deeply committed to supporting students in their pursuit of studying abroad. It’s amazing to see their dreams come true. It’s rewarding to help them with visas, costs, and scholarships. Through continuous professional development and hands-on experience, I have acquired extensive knowledge in these areas over the last 5 years, offering personalized guidance that empowers students to make informed decisions about their educational journeys. I keep learning and using that knowledge to help students and families.
