<p>First of all, ignore that group nonsense, that is simply wrong and a very bad list. If you are a high school student looking in to post secondary education for economics, you NEED to know the difference between freshwater and saltwater economics. What you will learn is completely different. There are Nobel prize winners from both sides who will call eachother stupid, the difference is that big. </p>
<p>Anyways, I’ll be as unbiased as I can as I go to the University of Rochester, but here is how it goes:</p>
<p>Freshwater Schools: Limited Gov’t intervention. A lot of us say, “Markets fail, Use Markets.” What this means is we know there are problems associated with free markets, but you can often fix those problems by introducing new markets. Think pollution permits. </p>
<p>University of Chicago is by far the most famous school in this field and the most famous economics school in the USA. After that is Carnegie Mellon, U of Rochester, U of Minnesota. At bare minimum the faculty at these schools are highly cited, at most they have won a Nobel Prize. </p>
<p>Freshwater: They also acknowledge that Free Markets fail. However they support a little more gov’t intervention. They believe the government can spend money to solve problems or to help dampen business cycles. See Keynesian Economics. </p>
<p>The most famous schools are Harvard, MIT, Princeton and Yale. Again, very famous Professors, but very different than freshwater. </p>
<p>If you can, you should chose one of the schools I have listed above. They are the most active and influential in the current debates of policy, and it makes them the most fun to go to for economics. </p>
<p>We have a list of the top 10 undergraduate economics programs in America from Time Magazine in our Department. I can’t remember it all, but U of Chicago was #1, Harvard was #2, MIT #3, U of Rocheser #9 and Yale #10. I can’t remember the middle. </p>
<p>But again, DO some research before you chose. I would never transfer to Harvard, MIT or Princeton even if they offered me a full scholarship. I do not believe what they teach is correct. I love my professors here, and I am part of a group who received a 10 million dollar grant to start an econ organization. Which will be unaffiliated with the school (which shows how little we care about rankings)?</p>
<p>I’ll also note that if you plan to go in to business afterward, slipper is correct. Employer’s look at overall rankings more. There are exceptions though, U of Chicago for economics is well known as the best. But as far as joining the debate and loving your academic career, go by my list. I should also note that Professor’s at these schools are very well connected because they are famous. U of Rochester is only ranked 39, but as the econ department attracts better professors than the rest of the school, they help us econ majors meet people. I already have a great job lined up after school because of one of my professors. </p>
<p>Anyways, I have written enough, [Saltwater</a> and freshwater economics - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Saltwater_and_freshwater_economics]Saltwater”>Saltwater and freshwater economics - Wikipedia)</p>
<p>You can go there for more. If your smart, go Freshwater! And remember, saltwater economists think that taking money from the private sector to the public sector can help! One pocket to another doesn’t fix anything! </p>
<p>I’ve said enough…good luck</p>