The invention relates to the field of application of oxide ceramics, in particular to an electrical-melting yttrium oxide ceramic crucible for titanium alloy melting casting and a preparation method of the ceramic crucible. The ceramic crucible is prepared from, by oxide weight, 70%-99.5% of Y2O, 30%-0.5% of ZrO2 and not more than 0.5% of other trace impurities, wherein the trace impurities are oxides. The preparation method comprises the steps of conducting magnetic stirring melting on an yttrium oxide melting body through a high-frequency heating melting method for preparing a high-purity crystal material, crushing the yttrium oxide crystal for meeting the granularity and conducting shaping, sintering the yttrium oxide ceramic crucible and the like. The yttrium oxide ceramic crucible has the advantages of being free of adhesion and infiltration, good in thermal shock resistance, ultralong in service life and the like, the safe using temperature is below 2,300 DEG C, and the problems that due to the fact that the activity of a titanium alloy metal solution is high under high temperature, a chemical reaction is caused, the service life of the crucible is short, and the purity of titanium alloy is reduced due to disengagement after the reaction are solved.