Both Colgate’s and Richmond’s economics faculty appear to be among the nation’s most accomplished: https://ideas.repec.org/top/top.uslacecon.html.
Colgate offers curricular breadth in traditional areas of study such as geosciences, which could be of interest to you as you choose electives.
If Colgate’s authentically rural surroundings with charming village – as well as its winter snow suitable for the adventurous – do not serve as a draw for you, then you might prefer Richmond’s area. Note, however, the inclusion of Hamilton in a Forbes article, “America’s Friendliest Towns”: https://www.forbes.com/sites/morganbrennan/2012/12/19/americas-friendliest-towns/#1911ec0b61cb.