Salary and Outlook
According to the US Department of Labor, there are 15,300 people employed as economics teachers, postsecondary 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
Estimates do not include other potential benefits such as health insurance, overtime pay, or retirement benefits that may be offered by employers.
- 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.