All About Economics Professors
Economics Professor Job Description Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Life As an Economics Professor: What Do They Do?
- Evaluate and grade students’ class work, assignments, and papers.
- Write grant proposals to procure external research funding.
- Plan, evaluate, and revise curricula, course content, course materials, and methods of instruction.
- Perform administrative duties, such as serving as department head.
- Prepare and deliver lectures to undergraduate or graduate students on topics such as econometrics, price theory, and macroeconomics.
- Provide professional consulting services to government or industry.
Economics Professor Skills
Below is a list of the skills most Economics Professors say are important on the job.
Speaking: Talking to others to convey information effectively.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Instructing: Teaching others how to do something.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Types of Economics Professor Jobs
- College Professor
- Agricultural Economics Professor
- Associate Professor
- Economics Professor
Economics Professor Job Outlook
In the United States, there were 16,500 jobs for Economics Professor in 2016. New jobs are being produced at a rate of 10.9% which is above the national average. The Bureau of Labor Statistics predicts 1,800 new jobs for Economics Professor by 2026. Due to new job openings and attrition, there will be an average of 1,500 job openings in this field each year.
The states with the most job growth for Economics Professor are Oregon, Colorado, and California. Watch out if you plan on working in Wyoming, Vermont, or New Hampshire. These states have the worst job growth for this type of profession.
Salary for an Economics Professor
Economics Professors make between $51,070 and $202,460 a year.
Economics Professors who work in New Hampshire, Rhode Island, or California, make the highest salaries.
How much do Economics Professors make in each U.S. state?
|State||Annual Mean Salary|
|District of Columbia||$110,350|
What Tools & Technology do Economics Professors Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Economics Professors:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Web browser software
- Microsoft Access
- Data entry software
- Email software
- The MathWorks MATLAB
- Google Docs
- StataCorp Stata
- Calendar and scheduling software
- Blackboard Learn
- Learning management system LMS
- Course management system software
- Sakai CLE
- iParadigms Turnitin
How to Become an Economics Professor
What education or degrees do I need to become an Economics Professor?
How many years of work experience do I need?
Where do Economics Professors Work?
The table below shows some of the most common industries where those employed in this career field work.
More about our data sources and methodologies.
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