Economics Teachers, Postsecondary: Career Overview
Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Featured schools near , edit
The Daily Work of Economics Teachers, Postsecondary Perform?
The core tasks performed by economics teachers, postsecondary span:
- 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.
- Maintain student attendance records, grades, and other required records.
Skills and Knowledge
Successful economics teachers, postsecondary combine a mix of skills and domain knowledge.
Most Important Skills
The competencies most central to this role, rated on an importance scale of 0 to 5:
Top Knowledge Areas
Other Economics Teachers, Postsecondary Job Titles
People in this occupation may also be known by titles such as:
- Accounting Lecturer
- Adjunct Economics Instructor
- Adjunct Economics Professor
- Adjunct Professor
- Agricultural Economics Professor
- Agricultural Economics Teacher
- Assistant Professor
- Associate Professor
Employment and Demand
The U.S. employs around 807,075 economics teachers, postsecondary working in the United States today. Demand is forecast to grow by +2.9% over the projection horizon.
Economics Teachers, Postsecondary Pay
| Statistic | Value |
|---|---|
| Annual median | $69,831 |
| Hourly median | $33.57 |
| 10th percentile | $41,396 |
| 25th percentile | $55,613 |
| 75th percentile | $84,048 |
| 90th percentile | $98,265 |
Wages vary widely based on experience, location, and industry.
Economics Teachers, Postsecondary Salary by State
| State | Annual median salary |
|---|---|
| New Hampshire | $154,840 |
| Connecticut | $136,630 |
| Massachusetts | $135,070 |
| District of Columbia | $134,620 |
| New York | $134,480 |
| California | $133,230 |
| Arizona | $131,710 |
| Maryland | $128,150 |
| Virginia | $127,420 |
| New Jersey | $127,050 |
| Illinois | $125,230 |
| Michigan | $123,840 |
| Texas | $121,610 |
| Pennsylvania | $120,010 |
| Maine | $118,150 |
| Alabama | $116,190 |
| North Carolina | $109,890 |
| Iowa | $108,320 |
| Kentucky | $107,810 |
| Georgia | $107,680 |
| Vermont | $107,040 |
| New Mexico | $105,570 |
| Tennessee | $104,760 |
| Minnesota | $103,920 |
| Wisconsin | $103,740 |
| Oregon | $103,560 |
| Oklahoma | $102,930 |
| Indiana | $102,780 |
| Utah | $102,590 |
| Idaho | $102,100 |
| Delaware | $101,670 |
| South Carolina | $101,110 |
| Arkansas | $100,110 |
| Kansas | $99,320 |
| Colorado | $98,060 |
| Ohio | $96,840 |
| Mississippi | $95,420 |
| West Virginia | $86,250 |
| Washington | $85,630 |
| Florida | $56,560 |
Pay by U.S. Region
Compensation for economics teachers, postsecondary shift depending on where you work. These regions lead on median pay:
| Region | Median annual wage | Share of U.S. jobs | Location quotient |
|---|---|---|---|
| Middle Atlantic | $129,151 | 22.8% | 1.59 |
| New England | $124,665 | 11.7% | 2.44 |
| Far Western US | $122,729 | 11.7% | 0.74 |
| Southwest | $119,584 | 9.3% | 0.75 |
| Great Lakes | $113,582 | 13.3% | 0.94 |
| Southeast | $100,659 | 22.4% | 0.99 |
| Rocky Mountains | $99,990 | 4.0% | 1.11 |
| Plains States | $77,008 | 4.9% | 0.91 |
Highest-Paying Metro Areas for Economics Teachers, Postsecondary
| Metro area | State | Median annual wage | Employment |
|---|---|---|---|
| Riverside-San Bernardino-Ontario, CA | CA | $186,670 | 60 |
| College Station-Bryan, TX | TX | $168,620 | 60 |
| Austin-Round Rock-San Marcos, TX | TX | $162,440 | 120 |
| Boston-Cambridge-Newton, MA-NH | MA | $162,050 | 550 |
| New York-Newark-Jersey City, NY-NJ | NY | $157,180 | 1,030 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | DC | $155,870 | 320 |
| San Jose-Sunnyvale-Santa Clara, CA | CA | $153,130 | 140 |
| San Francisco-Oakland-Fremont, CA | CA | $145,190 | 170 |
Industry Breakdown
The largest employers of economics teachers, postsecondary are concentrated in the following sectors:
| Industry | Employment | Median annual wage |
|---|---|---|
| Educational Services | 12,420 | n/a |
The table below shows some of the most common industries where those employed in this career field work.
Tech Stack
- Web page creation and editing software: Facebook (hot technology)
- Word processing software: Google Docs (hot technology)
- Data base user interface and query software: Microsoft Access (hot technology)
- Spreadsheet software: Microsoft Excel (hot technology)
- Office suite software: Microsoft Office software (hot technology)
- Electronic mail software: Microsoft Outlook (hot technology)
- Presentation software: Microsoft PowerPoint (hot technology)
- Word processing software: Microsoft Word (hot technology)
- Object or component oriented development software: Python (hot technology)
- Object or component oriented development software: R (hot technology)
- Analytical or scientific software: The MathWorks MATLAB (hot technology)
- Computer based training software: Learning management system LMS (in demand)
Work Environment
The on-the-job environment of economics teachers, postsecondary reflects the following characteristics:
- Freedom to Make Decisions
- Determine Tasks, Priorities and Goals
- Face-to-Face Discussions with Individuals and Within Teams
- Spend Time Sitting
Getting Started in This Career
The role falls in Extensive Preparation Needed (Job Zone 5), reflecting the level of preparation typically expected.
Related Careers
Similar Occupations
- Education Administrators, Postsecondary (Supplemental)
- Economists (Primary-Short)
- Environmental Economists (Supplemental)
- Business Teachers, Postsecondary (Primary-Short)
- Mathematical Science Teachers, Postsecondary (Primary-Short)
- Agricultural Sciences Teachers, Postsecondary (Supplemental)
- Forestry and Conservation Science Teachers, Postsecondary (Supplemental)
- Environmental Science Teachers, Postsecondary (Supplemental)
References
Data on this page comes from the following authoritative sources:
- U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OEWS) for employment and wage data by state and industry.
- BLS Employment Projections for total employment and growth forecasts.
- O*NET (Occupational Information Network) for skills, knowledge, tasks, work activities, work context, technology, and education-zone data.
SOC code: 25-1063.00 (Economics Teachers, Postsecondary).
TeachingDegreeSearch.com provides higher-education, college and university, degree, program, career, salary, and other helpful information to students, faculty, institutions, and other internet audiences. Presented information and data are subject to change. Inclusion on this website does not imply or represent a direct relationship with the company, school, or brand. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. Contact the schools to verify any information before relying on it. Financial aid may be available for those who qualify. The displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© TeachingDegreeSearch.com – All Rights Reserved.