What is an Economics Professor?
Economics Professor Example 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?
- Maintain regularly scheduled office hours to advise and assist students.
- Prepare and deliver lectures to undergraduate or graduate students on topics such as econometrics, price theory, and macroeconomics.
- Maintain student attendance records, grades, and other required records.
- Serve on academic or administrative committees that deal with institutional policies, departmental matters, and academic issues.
- Write grant proposals to procure external research funding.
- Act as advisers to student organizations.
Featured schools near , edit
Qualities of an Economics Professor
These are the skills Economics Professors say are the most useful in their careers:
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.
Other Economics Professor Job Titles
- Economics Department Chair
- College or University Faculty Member
- Adjunct Instructor in Economics
- Econometrics Professor
- Adjunct Instructor
Economics Professor Job Outlook
In 2016, there was an estimated number of 16,500 jobs in the United States for Economics Professor. 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.
Economics Professor Salary
The salary for Economics Professors ranges between about $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 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
- Course management system software
- Sakai CLE
- iParadigms Turnitin
How do I Become an Economics Professor?
What kind of Economics Professor requirements are there?

How many years of work experience do I need?

Economics Professors Sector

The table below shows some of the most common industries where those employed in this career field work.

References:
Image Credit: pixabay via CC0 License
More about our data sources and methodologies.
Featured Schools
![]() |
Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs. Learn More > |