Career Profile: Career Profile - Economics Teachers,...

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Salary and Outlook

According to the US Department of Labor, there are 15,300 people employed as career profile - economics teachers,... in the United States. The median annual salary is $104,940. Entry level employees earn approximately $58,330 per year and senior employees earn approximately $208,000 (or more) per year.

Estimates do not include other potential benefits such as health insurance, overtime, or retirement benefits that may be offered by employers.

Job Duties

  • Prepare and deliver lectures to undergraduate or graduate students on topics such as econometrics, price theory, and macroeconomics.
  • Prepare course materials, such as syllabi, homework assignments, and handouts.
  • Conduct research in a particular field of knowledge and publish findings in professional journals, books, or electronic media.
  • Keep abreast of developments in the field by reading current literature, talking with colleagues, and participating in professional conferences.
  • Evaluate and grade students' class work, assignments, and papers.
  • Plan, evaluate, and revise curricula, course content, course materials, and methods of instruction.
  • Compile, administer, and grade examinations, or assign this work to others.
  • Participate in campus and community events.
  • Act as advisers to student organizations.
  • Maintain student attendance records, grades, and other required records.
  • Initiate, facilitate, and moderate classroom discussions.
  • Supervise undergraduate or graduate teaching, internship, and research work.
  • Maintain regularly scheduled office hours to advise and assist students.
  • Advise students on academic and vocational curricula and on career issues.
  • Collaborate with colleagues to address teaching and research issues.
  • Select and obtain materials and supplies, such as textbooks.
  • Perform administrative duties, such as serving as department head.
  • Participate in student recruitment, registration, and placement activities.
  • Compile bibliographies of specialized materials for outside reading assignments.
  • Serve on academic or administrative committees that deal with institutional policies, departmental matters, and academic issues.
  • Write grant proposals to procure external research funding.
  • Provide professional consulting services to government or industry.

Career List

Career Outlook

Total Current Jobs:
15,300
Annual Openings:
1,500
Increase in Openings by 2030:
8%
Annual Salary Range:
$58,330 - $208,000
Education Requirements:
Master's degree or higher

Data is sourced from United States Department of Labor Employment and Training Administration and the Minnesota Department of Employment & Economic Development.