How To Become An Economics Professor: What It Is and Career Path - Zippia (2024)

Updated March 14, 2024

2 min read

An economics professor is a higher education professional who teaches and instructs students in various economic concepts, theories, and practices. They design and deliver lectures, create course materials, and manage instructional activities, often using learning management systems like Blackboard or Moodle. They also conduct research in areas like international trade, economic development, and foreign investments. They use their knowledge of economics to inform business decisions and guide students in their academic journey. They may also develop continuous improvement processes and participate in curriculum development and evaluation.

How long does it takes to become an economics professor?

It takes approximately 10 years to become an economics professor.

Year 1-4: Bachelor's DegreeStudents spend four years earning a bachelor's degree in economics or a related field.

Year 5-6: Master's DegreeFollowing the bachelor's degree, an additional two years are typically needed to obtain a master's degree in economics.

Year 7-10: Doctorate DegreeThe final step is a doctorate degree in economics, which usually takes four years to complete.

  • Salary$104,547
  • Growth Rate12%
  • Jobs Number12,165
  • Most Common SkillEconometrics
  • Most Common DegreeBachelor's degree
  • Best StateNew York

Economics Professor career paths

An economics professor can take several career paths. They can work as a consultant, founder, or board member for organizations. They can also become a professor or owner of a business. Additionally, an economics professor can become a manager, branch manager, or business development officer.

Key steps to become an economics professor

  1. Explore economics professor education requirements

    If you're interested in becoming an economics professor, you must consider how much education you need. Based on real economics professor resumes, 49.4% of economics professors have a bachelor's degree. Regarding higher education levels, 36.0% of economics professors have master's degrees. Even though most economics professors have a college degree, it's impossible to become one with only a high school degree or GED.

  2. Start to develop specific economics professor skills

    Teaching microeconomics and business applications, conducting multivariate regression policy studies, and using real economic and financial data are all important skills for economics professors. They also need to be able to design and implement programs, communicate course objectives, and facilitate online and campus-based courses. They must also develop curriculum, mentor students, and use quantitative data analysis for investment growth potential.

    SkillsPercentages
    Econometrics21.62%
    Student Learning16.64%
    Economic Development12.47%
    Syllabus10.50%
    Course Objectives9.94%

    Show more

  3. Research economics professor duties and responsibilities

    Economics professors have a variety of responsibilities. They may focus on research, publishing papers on topics like international trade and purchasing power. They may also design and implement programs for teaching microeconomics with business applications. They may instruct students in microeconomic theory and industrial organization, and provide direction and mentoring on academic core competencies and strategic goals. They may also use quantitative data analysis for investment growth potential and use econometric tools for risk and capital budgeting initiatives.

    • Lead outreach to community and statewide stakeholders in the PPCC entrepreneurship program.
    • Design the syllabus of the class.
    • Design the industrial organization and game theory class, and redesign the econometrics class.
    • Facilitate instruction for developing the thesis topic statement, qualitative and quantitative research design, and conducting a review of literature.
  4. Prepare your economics professor resume

    When your background is strong enough, you can start writing your economics professor resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an economics professor resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Economics Professor Resume templates

    Build a professional

    Economics Professor

    resume in minutes. Browse through our resume examples to identify the best way to word your resume.

    Then choose from 10+ resume templates to create your Economics Professor resume.
  5. Apply for economics professor jobs

    Now it's time to start searching for an economics professor job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How To Become An Economics Professor: What It Is and Career Path - Zippia (10)

Are you an Economics Professor?

Share your story for a free salary report.

Average economics professor salary

The average Economics Professor salary in the United States is $104,547 per year or $50 per hour. Economics professor salaries range between $58,000 and $186,000 per year.

Average

Economics Professor

Salary

$104,547Yearly

$50.26

hourly

More economics professor salary info

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How To Become An Economics Professor: What It Is and Career Path - Zippia (11)

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Updated March 14, 2024

How To Become An Economics Professor: What It Is and Career Path - Zippia (12)

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Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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How To Become An Economics Professor: What It Is and Career Path - Zippia (2024)
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