Economics Teachers, Postsecondary
Tasks Include:
- 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.
- Evaluate and grade students' class work, assignments, and papers.
- Compile, administer, and grade examinations, or assign this work to others.
- Keep abreast of developments in the field by reading current literature, talking with colleagues, and participating in professional conferences.
- Maintain student attendance records, grades, and other required records.
- Initiate, facilitate, and moderate classroom discussions.
- Maintain regularly scheduled office hours to advise and assist students.
- Select and obtain materials and supplies, such as textbooks.
- Plan, evaluate, and revise curricula, course content, course materials, and methods of instruction.
- Conduct research in a particular field of knowledge and publish findings in professional journals, books, or electronic media.
more »
The data sources for the information displayed here include: O*NET™; US Department of Labor (BLS); Virginia Workforce Connection. (Using onet28)
Projections Quick View:
Virginia: +12.6%
National: +8.5%
Education
Doctoral Degree
Job Zone:
Five: Extensive Preparation Needed
Income Range:
Highest ($50,000 and up)
Median Earnings:
National
$103,930.00
State
$101,630.00
Regional
Economics Teachers, Postsecondary
Description
Career Cluster: | Education & Training |
Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Education
Required Level of Education
- Doctoral Degree = 80.80%
- Post-Master's Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master's degree but do not meet the requirements of academic degrees at the doctoral level. = 9.68%
- Master's Degree = 7.37%
- Bachelor's Degree = 2.15%
Related Work Experience
- None = 37.19%
- Over 2 years, up to and including 4 years = 34.23%
- Over 4 years, up to and including 6 years = 11.30%
- Over 6 months, up to and including 1 year = 10.38%
- Over 6 years, up to and including 8 years = 4.82%
- Over 1 year, up to and including 2 years = 1.89%
- Over 10 years = 0.18%
On-Site or In-Plant Training
- None = 78.13%
- Over 6 months, up to and including 1 year = 11.29%
- Up to and including 1 month = 5.29%
- Over 1 month, up to and including 3 months = 3.03%
- Over 4 years, up to and including 10 years = 1.59%
- Over 2 years, up to and including 4 years = 0.46%
- Over 3 months, up to and including 6 months = 0.20%
On-the-Job Training
- None or short demonstration = 59.93%
- Anything beyond short demonstration, up to and including 1 month = 15.81%
- Over 6 months, up to and including 1 year = 12.75%
- Over 1 year, up to and including 2 years = 9.68%
- Over 4 years, up to and including 10 years = 1.03%
- Over 2 years, up to and including 4 years = 0.42%
- Over 1 month, up to and including 3 months = 0.37%
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Tasks
Core Tasks Include:
- 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.
- Evaluate and grade students' class work, assignments, and papers.
- Compile, administer, and grade examinations, or assign this work to others.
- Keep abreast of developments in the field by reading current literature, talking with colleagues, and participating in professional conferences.
- Maintain student attendance records, grades, and other required records.
- Initiate, facilitate, and moderate classroom discussions.
- Maintain regularly scheduled office hours to advise and assist students.
- Select and obtain materials and supplies, such as textbooks.
- Plan, evaluate, and revise curricula, course content, course materials, and methods of instruction.
- Conduct research in a particular field of knowledge and publish findings in professional journals, books, or electronic media.
- Supervise undergraduate or graduate teaching, internship, and research work.
- Advise students on academic and vocational curricula and on career issues.
- Serve on academic or administrative committees that deal with institutional policies, departmental matters, and academic issues.
- Collaborate with colleagues to address teaching and research issues.
- Compile bibliographies of specialized materials for outside reading assignments.
- Participate in student recruitment, registration, and placement activities.
- Perform administrative duties, such as serving as department head.
- Write grant proposals to procure external research funding.
Supplemental Tasks Include:
- Participate in campus and community events.
- Provide professional consulting services to government or industry.
- Act as advisers to student organizations.
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Knowledge
% | Subject | Description |
---|---|---|
87.75 | Mathematics | Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications. |
83.00 | Education and Training | Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects. |
80.75 | Economics and Accounting | Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data. |
78.25 | English Language | Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar. |
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Skills
% | Subject | Description |
---|---|---|
78.00 | Speaking | Talking to others to convey information effectively. |
75.00 | Reading Comprehension | Understanding written sentences and paragraphs in work-related documents. |
75.00 | 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. |
75.00 | Writing | Communicating effectively in writing as appropriate for the needs of the audience. |
75.00 | Instructing | Teaching others how to do something. |
72.00 | Critical Thinking | Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems. |
72.00 | Learning Strategies | Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things. |
68.75 | Active Learning | Understanding the implications of new information for both current and future problem-solving and decision-making. |
59.50 | Judgment and Decision Making | Considering the relative costs and benefits of potential actions to choose the most appropriate one. |
56.25 | Mathematics | Using mathematics to solve problems. |
56.25 | Complex Problem Solving | Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions. |
53.00 | Systems Evaluation | Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system. |
50.00 | Monitoring | Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action. |
50.00 | Social Perceptiveness | Being aware of others' reactions and understanding why they react as they do. |
50.00 | Systems Analysis | Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes. |
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Abilities
% | Subject | Description |
---|---|---|
78.00 | Oral Expression | The ability to communicate information and ideas in speaking so others will understand. |
75.00 | Oral Comprehension | The ability to listen to and understand information and ideas presented through spoken words and sentences. |
75.00 | Written Comprehension | The ability to read and understand information and ideas presented in writing. |
75.00 | Written Expression | The ability to communicate information and ideas in writing so others will understand. |
75.00 | Speech Clarity | The ability to speak clearly so others can understand you. |
72.00 | Deductive Reasoning | The ability to apply general rules to specific problems to produce answers that make sense. |
68.75 | Inductive Reasoning | The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events). |
65.50 | Speech Recognition | The ability to identify and understand the speech of another person. |
62.50 | Near Vision | The ability to see details at close range (within a few feet of the observer). |
59.50 | Problem Sensitivity | The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem. |
59.50 | Mathematical Reasoning | The ability to choose the right mathematical methods or formulas to solve a problem. |
53.00 | Fluency of Ideas | The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity). |
53.00 | Information Ordering | The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations). |
53.00 | Number Facility | The ability to add, subtract, multiply, or divide quickly and correctly. |
50.00 | Originality | The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem. |
50.00 | Category Flexibility | The ability to generate or use different sets of rules for combining or grouping things in different ways. |
50.00 | Memorization | The ability to remember information such as words, numbers, pictures, and procedures. |
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Work Activities
% | Subject | Description |
---|---|---|
92.75 | Getting Information | Observing, receiving, and otherwise obtaining information from all relevant sources. |
85.50 | Training and Teaching Others | Identifying the educational needs of others, developing formal educational or training programs or classes, and teaching or instructing others. |
84.25 | Updating and Using Relevant Knowledge | Keeping up-to-date technically and applying new knowledge to your job. |
83.25 | Thinking Creatively | Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions. |
81.50 | Identifying Objects, Actions, and Events | Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events. |
81.25 | Working with Computers | Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information. |
79.25 | Analyzing Data or Information | Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts. |
78.50 | Interpreting the Meaning of Information for Others | Translating or explaining what information means and how it can be used. |
73.75 | Processing Information | Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data. |
69.00 | Organizing, Planning, and Prioritizing Work | Developing specific goals and plans to prioritize, organize, and accomplish your work. |
68.00 | Making Decisions and Solving Problems | Analyzing information and evaluating results to choose the best solution and solve problems. |
63.50 | Coaching and Developing Others | Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills. |
62.25 | Establishing and Maintaining Interpersonal Relationships | Developing constructive and cooperative working relationships with others, and maintaining them over time. |
59.00 | Monitoring Processes, Materials, or Surroundings | Monitoring and reviewing information from materials, events, or the environment, to detect or assess problems. |
56.25 | Judging the Qualities of Objects, Services, or People | Assessing the value, importance, or quality of things or people. |
54.75 | Documenting/Recording Information | Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form. |
53.50 | Communicating with People Outside the Organization | Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail. |
52.00 | Communicating with Supervisors, Peers, or Subordinates | Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person. |
50.00 | Scheduling Work and Activities | Scheduling events, programs, and activities, as well as the work of others. |
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Work Styles
% | Subject | Description |
---|---|---|
93.00 | Analytical Thinking | Job requires analyzing information and using logic to address work-related issues and problems. |
89.75 | Achievement/Effort | Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks. |
84.25 | Integrity | Job requires being honest and ethical. |
82.25 | Dependability | Job requires being reliable, responsible, and dependable, and fulfilling obligations. |
80.75 | Independence | Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done. |
79.50 | Attention to Detail | Job requires being careful about detail and thorough in completing work tasks. |
77.25 | Initiative | Job requires a willingness to take on responsibilities and challenges. |
75.00 | Persistence | Job requires persistence in the face of obstacles. |
71.25 | Self-Control | Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations. |
70.25 | Innovation | Job requires creativity and alternative thinking to develop new ideas for and answers to work-related problems. |
65.50 | Cooperation | Job requires being pleasant with others on the job and displaying a good-natured, cooperative attitude. |
62.75 | Stress Tolerance | Job requires accepting criticism and dealing calmly and effectively with high-stress situations. |
62.50 | Concern for Others | Job requires being sensitive to others' needs and feelings and being understanding and helpful on the job. |
56.00 | Adaptability/Flexibility | Job requires being open to change (positive or negative) and to considerable variety in the workplace. |
53.75 | Social Orientation | Job requires preferring to work with others rather than alone, and being personally connected with others on the job. |
52.75 | Leadership | Job requires a willingness to lead, take charge, and offer opinions and direction. |
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Work Values
% | Subject | Description |
---|---|---|
83.33 | Achievement | Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement. |
77.83 | Independence | Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy. |
72.17 | Recognition | Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status. |
69.50 | Working Conditions | Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions. |
50.00 | Relationships | Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service. |
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Work Context
% | Subject | Description |
---|---|---|
99.20 | Electronic Mail | How often do you use electronic mail in this job? |
94.60 | Freedom to Make Decisions | How much decision making freedom, without supervision, does the job offer? |
93.60 | Structured versus Unstructured Work | To what extent is this job structured for the worker, rather than allowing the worker to determine tasks, priorities, and goals? |
89.00 | Face-to-Face Discussions | How often do you have to have face-to-face discussions with individuals or teams in this job? |
86.20 | Spend Time Sitting | How much does this job require sitting? |
84.80 | Contact With Others | How much does this job require the worker to be in contact with others (face-to-face, by telephone, or otherwise) in order to perform it? |
84.40 | Public Speaking | How often do you have to perform public speaking in this job? |
84.20 | Indoors, Environmentally Controlled | How often does this job require working indoors in environmentally controlled conditions? |
77.40 | Importance of Being Exact or Accurate | How important is being very exact or highly accurate in performing this job? |
70.80 | Level of Competition | To what extent does this job require the worker to compete or to be aware of competitive pressures? |
68.20 | Deal With External Customers | How important is it to work with external customers or the public in this job? |
67.60 | Time Pressure | How often does this job require the worker to meet strict deadlines? |
66.40 | Work With Work Group or Team | How important is it to work with others in a group or team in this job? |
65.80 | Impact of Decisions on Co-workers or Company Results | What results do your decisions usually have on other people or the image or reputation or financial resources of your employer? |
64.20 | Telephone | How often do you have telephone conversations in this job? |
63.60 | Frequency of Decision Making | How frequently is the worker required to make decisions that affect other people, the financial resources, and/or the image and reputation of the organization? |
62.60 | Physical Proximity | To what extent does this job require the worker to perform job tasks in close physical proximity to other people? |
62.00 | Letters and Memos | How often does the job require written letters and memos? |
54.00 | Coordinate or Lead Others | How important is it to coordinate or lead others in accomplishing work activities in this job? |
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Job Zone Five: Extensive Preparation Needed
- Overall Experience
- Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.
- Job Training
- Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.
- Examples
- These occupations often involve coordinating, training, supervising, or managing the activities of others to accomplish goals. Very advanced communication and organizational skills are required. Examples include pharmacists, lawyers, astronomers, biologists, clergy, physician assistants, and veterinarians.
- Education
- Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Earnings Benefits*
Region | Entry Level | Median | Experienced |
---|---|---|---|
United States | $51,480.00 | $103,930.00 | $144,980.00 |
Virginia | $50,550.00 | $101,630.00 | $136,250.00 |
Region | Entry Level | Median | Experienced |
Alexandria/Arlington | No Data | No Data | No Data |
Bay Consortium | No Data | No Data | No Data |
Capital Region Workforce Partnership | $73,592.89 | $138,016.40 | $156,047.80 |
Central VA/Region2000 | No Data | No Data | No Data |
Crater Area | No Data | No Data | No Data |
Greater Peninsula | No Data | No Data | No Data |
Hampton Roads | $55,184.54 | $84,013.59 | $124,220.78 |
New River/Mt. Rogers | $78,575.31 | $113,160.40 | $145,109.95 |
Northern Virginia | $55,804.49 | $84,056.17 | $116,414.86 |
Piedmont Workforce | No Data | No Data | No Data |
Shenandoah Valley | No Data | No Data | No Data |
South Central | No Data | No Data | No Data |
Southwestern Virginia | No Data | No Data | No Data |
West Piedmont | No Data | No Data | No Data |
Western Virginia | No Data | No Data | No Data |
* Earnings Calculations:
Regional Earnings:
Entry = Annual mean of the lower 1/3 wage distribution;
Experienced = Annual mean of the upper 2/3 wage distribution.
National and State Earnings:
Entry = Annual 10th percentile wage;
Experienced = Annual 75th percentile wage.
The data sources for the information displayed here include: US Department of Labor (BLS); Virginia Workforce Connection. (Using onet28)
Economics Teachers, Postsecondary
Employment Projections
Current | Projected | % Change | |
---|---|---|---|
United States | 15,300 | 16,600 | +8.5% |
Virginia | 333 | 375 | +12.6% |
Region | Current* | Projected | % Change |
Alexandria/Arlington | No Data | No Data | No Data |
Bay Consortium | No Data | No Data | No Data |
Capital Region Workforce Partnership | No Data | No Data | No Data |
Central VA/Region2000 | No Data | No Data | No Data |
Crater Area | No Data | No Data | No Data |
Greater Peninsula | No Data | No Data | No Data |
Hampton Roads | No Data | No Data | No Data |
New River/Mt. Rogers | No Data | No Data | No Data |
Northern Virginia | No Data | No Data | No Data |
Piedmont Workforce | No Data | No Data | No Data |
Shenandoah Valley | No Data | No Data | No Data |
South Central | No Data | No Data | No Data |
Southwestern Virginia | No Data | No Data | No Data |
West Piedmont | No Data | No Data | No Data |
Western Virginia | No Data | No Data | No Data |
The data sources for the information displayed here include: US Department of Labor (BLS); Virginia Workforce Connection. (Using onet28)
Economics Teachers, Postsecondary
Related Occupations
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- Educational Instruction and Library Workers, All Other
- Elementary School Teachers, Except Special Education
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- English Language and Literature Teachers, Postsecondary
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- Farm and Home Management Educators
- Foreign Language and Literature Teachers, Postsecondary
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- Middle School Teachers, Except Special and Career/Technical Education
- Nursing Instructors and Teachers, Postsecondary
- Philosophy and Religion Teachers, Postsecondary
- Physics Teachers, Postsecondary
- Political Science Teachers, Postsecondary
- Postsecondary Teachers, All Other
- Preschool Teachers, Except Special Education
- Psychology Teachers, Postsecondary
- Recreation and Fitness Studies Teachers, Postsecondary
- Secondary School Teachers, Except Special and Career/Technical Education
- Self-Enrichment Teachers
- Social Sciences Teachers, Postsecondary, All Other
- Social Work Teachers, Postsecondary
- Sociology Teachers, Postsecondary
- Special Education Teachers, All Other
- Special Education Teachers, Elementary School
- Special Education Teachers, Kindergarten
- Special Education Teachers, Middle School
- Special Education Teachers, Preschool
- Special Education Teachers, Secondary School
- Substitute Teachers, Short-Term
- Teachers and Instructors, All Other
- Teaching Assistants, All Other
- Teaching Assistants, Postsecondary
- Teaching Assistants, Preschool, Elementary, Middle, and Secondary School, Except Special Education
- Teaching Assistants, Special Education
- Tutors
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
View Videos
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Overview
Occupations
The data sources for the information displayed here include: New York State Department of Labor; New Jersey Department of Labor; California Occupational Information Coordinating Committee; CareerOneStop. (Using onet28)
Economics Teachers, Postsecondary
Proficiency Ratings
These proficiencies are scored on a scale from 1 to 5 with 1 being not
important to the job and 5 being extremely important to the job.
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Titles
- Adjunct Instructor
- Adjunct Instructor in Economics
- Agricultural Economics Professor
- Agricultural Economics Teacher
- Assistant Professor
- Assistant Professor of Economics
- Associate Professor
- Associate Professor of Economics
- Business Administration Program Chair
- Business Instructor
- Business Professor
- College or University Faculty Member
- College Professor
- Econometrics Professor
- Economics Department Chair
- Economics Instructor
- Economics Lecturer
- Economics Professor
- Entrepreneurial Finance Professor
- Faculty Member
- Finance Professor
- Industrial Economics Professor
- Industrial Economics Teacher
- Instructor
- Labor Economics Professor
- Labor Economics Teacher
- Lecturer
- Macroeconomics Professor
- Microeconomics Professor
- Professor
- Professor of Economics
- Teacher
- Transportation Economics Teacher
The data sources for the information displayed here include: O*NET™. (Using onet28)
Economics Teachers, Postsecondary
Related Schools
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The data sources for the information displayed here include: O*NET™. (Using onet28)