What is an Economics Professor?
Economics Professor Definition Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Daily Life Of an Economics Professor
- Supervise undergraduate or graduate teaching, internship, and research work.
- Maintain student attendance records, grades, and other required records.
- Maintain regularly scheduled office hours to advise and assist students.
- Collaborate with colleagues to address teaching and research issues.
- Compile bibliographies of specialized materials for outside reading assignments.
- Prepare course materials, such as syllabi, homework assignments, and handouts.
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Economics Professor Needed Skills
Economics Professors state the following job skills are important in their day-to-day work.
Speaking: Talking to others to convey information effectively.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
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.
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.
Related Job Titles for this Occupation:
- Assistant Professor
- Professor
- Labor Economics Professor
- Lecturer
- Transportation Economics Teacher
Is There Going to be Demand for Economics Professors?
There were about 16,500 jobs for Economics Professor in 2016 (in the United States). 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. The BLS estimates 1,500 yearly job openings in this field.
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.
Do Economics Professors Make A Lot Of Money?
The typical yearly salary for Economics Professors is somewhere between $51,070 and $202,460.
Economics Professors who work in New Hampshire, Rhode Island, or California, make the highest salaries.
Below is a list of the median annual salaries for Economics Professors in different U.S. states.
| State | Annual Mean Salary |
|---|---|
| Alabama | $114,020 |
| Arkansas | $94,750 |
| California | $139,050 |
| Colorado | $104,530 |
| Connecticut | $98,870 |
| District of Columbia | $110,350 |
| Florida | $116,920 |
| Georgia | $101,590 |
| Hawaii | $87,520 |
| Idaho | $83,550 |
| Illinois | $128,340 |
| Indiana | $126,230 |
| Iowa | $133,600 |
| Kansas | $114,000 |
| Kentucky | $85,500 |
| Louisiana | $101,670 |
| Maine | $99,630 |
| Maryland | $119,300 |
| Massachusetts | $125,120 |
| Michigan | $111,530 |
| Minnesota | $110,060 |
| Mississippi | $96,740 |
| Missouri | $108,240 |
| Nebraska | $99,920 |
| Nevada | $79,310 |
| New Hampshire | $161,830 |
| New Jersey | $117,220 |
| New York | $129,370 |
| North Carolina | $106,080 |
| North Dakota | $93,610 |
| Ohio | $109,960 |
| Oregon | $110,860 |
| Pennsylvania | $131,060 |
| Rhode Island | $156,620 |
| South Carolina | $70,190 |
| South Dakota | $86,280 |
| Tennessee | $130,170 |
| Texas | $115,240 |
| Utah | $117,380 |
| Virginia | $101,290 |
| Washington | $89,490 |
| West Virginia | $90,800 |
| Wisconsin | $119,560 |
What Tools & Technology do Economics Professors Use?
Below is a list of the types of tools and technologies that Economics Professors may use on a daily basis:
- 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
- R
- Minitab
- StataCorp Stata
- Calendar and scheduling software
- Blackboard Learn
- Learning management system LMS
- Collaborative editing software
- DOC Cop
- iParadigms Turnitin
Becoming an Economics Professor
Are there Economics Professors education requirements?
How many years of work experience do I need?
Who Employs Economics Professors?
Economics Professors work in the following industries:
References:
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More about our data sources and methodologies.
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