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Become An Associate Professor Of Economics

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Working As An Associate Professor Of Economics

  • Training and Teaching Others
  • Interacting With Computers
  • Updating and Using Relevant Knowledge
  • Analyzing Data or Information
  • Getting Information
  • Make Decisions

  • $185,879

    Average Salary

What Does An Associate Professor Of Economics Do

Postsecondary teachers instruct students in a wide variety of academic and career and technical subjects beyond the high school level. They also conduct research and publish scholarly papers and books.

Duties

Postsecondary teachers typically do the following:

  • Teach courses in their subject area
  • Work with students who are taking classes to improve their knowledge or career skills
  • Develop an instructional plan (known as a course outline or syllabus) for the course(s) they teach and ensure that it meets college and department standards
  • Plan lessons and assignments
  • Work with colleagues to develop or modify the curriculum for a degree or certificate program involving a series of courses
  • Assess students’ progress by grading assignments, papers, exams, and other work
  • Advise students about which classes to take and how to achieve their goals
  • Stay informed about changes and innovations in their field
  • Conduct research and experiments to advance knowledge in their field
  • Supervise graduate students who are working toward doctoral degrees
  • Publish original research and analysis in books and academic journals
  • Serve on academic and administrative committees that review and recommend policies, make budget decisions, or advise on hiring and promotions within their department

Postsecondary teachers, often referred to as professors or faculty, specialize in a variety of subjects and fields. Some teach academic subjects, such as English or philosophy. Others focus on career-related subjects, such as law, nursing, or culinary arts.

At colleges and universities, professors are organized into departments that specialize in a subject, such as history, science, business, or music. A professor may teach one or more courses within that department. For example, a mathematics professor may teach calculus, statistics, and a graduate seminar in a very specific area of mathematics.

Postsecondary teachers’ duties vary with their positions in a university or college. In large colleges or universities, they may spend their time teaching, conducting research or experiments, applying for grants to fund their research, or supervising graduate teaching assistants who are teaching classes.

Postsecondary teachers who work in small colleges and universities or in community colleges often spend more time teaching classes and working with students. They may spend some time conducting research, but they do not have as much time to devote to it.

Full-time professors, particularly those who have tenure (a professor who cannot be fired without just cause), often are expected to spend more time on their research. They also may be expected to serve on more college and university committees.

Part-time professors, often known as adjunct professors, spend most of their time teaching students.

Professors may teach large classes of several hundred students (often with the help of graduate teaching assistants), smaller classes of about 40 to 50 students, seminars with just a few students, or laboratories where students practice the subject matter. They work with an increasingly varied student population as more part-time, older, and culturally diverse students are going to postsecondary schools.

Professors need to keep up with developments in their field by reading scholarly articles, talking with colleagues, and participating in professional conferences. A tenured professor must do original research, such as experiments, document analysis, or critical reviews, and publish their findings.

Some postsecondary teachers work for online universities or teach online classes. They use websites to present lessons and information, to assign and accept students’ work, and to participate in course discussions. Online professors communicate with students by email and by phone and might never meet their students in person.

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How To Become An Associate Professor Of Economics

Educational requirements vary with the subject taught and the type of educational institution. Most commonly, postsecondary teachers must have a Ph.D. However, a master's degree may be enough for some postsecondary teachers at community colleges. In career and technical schools, work experience may be important for getting a postsecondary teaching job.

Education

Postsecondary teachers who work for 4-year colleges and universities typically need a doctoral degree in their field. Some schools may hire those with a master’s degree or those who are doctoral degree candidates for some specialties, such as fine arts, or for some part-time positions.

Doctoral programs generally take multiple years after the completion of a bachelor’s degree program. They spend time completing a master’s degree and then writing a doctoral dissertation, which is a paper presenting original research in the student’s field of study. Candidates usually specialize in a subfield, such as organic chemistry or European history.

Community colleges or career and technical schools also may hire those with a master’s degree. However, in some fields, there are more applicants than available positions. In these situations, institutions can be more selective, and they frequently choose applicants who have a Ph.D. over those with a master’s degree.

Postsecondary teachers who teach career and technical education courses, such as culinary arts or cosmetology, may not be required to have graduate-level education. At a minimum they must hold the degree of the program in which they are teaching. For example, the teacher must hold an associate’s degree if they teach a program that is at the associate’s degree level. In addition, work experience or certification may be just as important as education for getting a postsecondary teaching job at a career or technical school.

Other Experience

Some institutions may prefer to hire those with teaching or other work experience, but this is not a requirement for all fields or for all employers.

In health specialties, art, or education fields, hands-on work experience in the industry can be important. Postsecondary teachers in these fields often gain experience by working in an occupation related to their field of expertise.

In fields such as biological science, physics, and chemistry, some postsecondary teachers have postdoctoral research experience. These short-term jobs, sometimes called “post-docs,” usually involve working for 2 to 3 years as a research associate or in a similar position, often at a college or university.

Some postsecondary teachers gain teaching experience by working as graduate teaching assistants—students who are enrolled in a graduate program and teach classes in the institution in which they are enrolled.

Some postsecondary teachers, especially adjunct professors, have another job in addition to teaching.

Licenses, Certifications, and Registrations

Postsecondary teachers who prepare students for an occupation that requires a license, certification, or registration, may need to have—or they may benefit from having—the same credential. For example, a postsecondary nursing teacher might need a nursing license or a postsecondary education teacher might need a teaching license.

Advancement

A major goal for postsecondary teachers with a doctoral degree is attaining a tenure—a guarantee that a professor cannot be fired without just cause. It can take up to 7 years of moving up the ranks in tenure-track positions. The ranks are assistant professor, associate professor, and professor. Tenure is granted through a review of the candidate’s research, contribution to the institution, and teaching.

Tenure and tenure track positions are declining as institutions are relying more heavily on part-time faculty.

Some tenured professors advance to administrative positions, such as dean or president. For information on deans and other administrative positions, see the profile on postsecondary education administrators. For more information about college and university presidents, see the profile on top executives.

Important Qualities

Critical-thinking skills. To challenge established theories and beliefs, conduct original research, and design experiments, postsecondary teachers need good critical-thinking skills.

Interpersonal skills. Most postsecondary teachers need to be able to work well with others and must have good communication skills to serve on committees and give lectures.

Resourcefulness. Postsecondary teachers need to be able to present information in a way that students will understand. They need to adapt to the different learning styles of their students and teach students who have little or no experience with the subject.

Speaking skills. Postsecondary teachers need good communication skills to give lectures.

Writing skills. Most postsecondary teachers need to be skilled writers to publish original research and analysis.

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Associate Professor Of Economics Typical Career Paths

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Associate Professor Of Economics Demographics

Gender

Male

71.4%

Female

26.0%

Unknown

2.6%
Ethnicity

White

59.7%

Black or African American

11.0%

Asian

10.7%

Hispanic or Latino

9.9%

Unknown

8.7%
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Foreign Languages Spoken

Spanish

33.3%

Romanian

16.7%

Ukrainian

16.7%

French

16.7%

Hebrew

16.7%
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Associate Professor Of Economics Education

Schools

University of Houston

6.9%

University of San Francisco

6.9%

University of Phoenix

6.9%

Pennsylvania State University

6.9%

Washington University in Saint Louis

6.9%

University of Washington

6.9%

University of South Carolina - Columbia

6.9%

University of Sioux Falls

6.9%

West Virginia University

6.9%

Missouri State University

3.4%

Syracuse University

3.4%

New York University

3.4%

California State University - Fullerton

3.4%

Kansas State University

3.4%

Stanford University

3.4%

Washington State University

3.4%

University of Maryland - University College

3.4%

George Washington University

3.4%

University of Kansas

3.4%

Ohio State University

3.4%
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Majors

Economics

38.7%

Business

21.3%

Finance

13.3%

Public Administration

2.7%

Management

2.7%

General Education, Specific Areas

2.7%

History

2.7%

International Business

1.3%

Public Policy Analysis

1.3%

Manufacturing Engineering

1.3%

Supply Chain Management

1.3%

Literature

1.3%

Agricultural Business

1.3%

Legal Research And Advanced Professional Studies

1.3%

Political Science

1.3%

Educational Technology

1.3%

Accounting

1.3%

Global Studies

1.3%

Family And Consumer Economics

1.3%
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Degrees

Masters

40.0%

Doctorate

34.7%

Bachelors

13.3%

Other

9.3%

Certificate

2.7%
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Real Associate Professor Of Economics Salaries

Job Title Company Location Start Date Salary
Associate Professor of Economics (Finance) Claremont McKenna College Claremont, CA Jan 01, 2013 $230,000
Associate Professor, Dept. of Economics Santa Clara University Santa Clara, CA Sep 01, 2013 $124,000
Associate Professor of Environmental Economics Emory University Atlanta, GA Sep 01, 2015 $112,500
Associate Professor of Economics Oberlin College Oberlin, OH Jan 07, 2016 $101,760
Associate Professor of Economics Skidmore College Saratoga Springs, NY May 25, 2013 $96,743
Associate Professor of Economics Skidmore College Saratoga Springs, NY Jul 01, 2012 $88,213
Associate Professor, Dep't of Business & Economics Edinboro University of Pennsylvania Edinboro, PA Aug 27, 2014 $85,797
Associate Professor of Economics Mercer University Macon, GA Aug 01, 2013 $85,000
Associate Professor of Economics and Management Depauw University Greencastle, IN Jul 01, 2014 $83,000 -
$88,000
Associate Professor of Economics SOKA University of America Aliso Viejo, CA Aug 24, 2012 $81,857
Associate Practitioner-In-Residence International Economics The Johns Hopkins University Washington, DC Jan 26, 2016 $80,000
Associate Practitioner-In-Residence International Economics The Johns Hopkins University Washington, DC Jan 26, 2015 $80,000
Visiting Associate Professor of Economics Purdue University West Lafayette, IN Aug 18, 2014 $80,000
Associate Professor of Economics University of North Georgia Watkinsville, GA May 01, 2015 $74,704
Associate Professor of Economics Elmira College Elmira, NY Sep 06, 2011 $73,984
Associate Professor of Economics Illinois Wesleyan University Bloomington, IL Jun 15, 2014 $72,479
Program Associate, Economics Alfred P. Sloan Foundation New York, NY Jul 01, 2011 $72,000
Associate Professor of Economics New College of Florida Sarasota, FL Dec 02, 2016 $67,000
Associate Professor of Economics Marymount California University Rancho Palos Verdes, CA Apr 17, 2015 $65,450
Associate Professor of Economics Manchester University, Inc. North Manchester, IN Jan 06, 2016 $64,615
Associate Professor of Economics Andrews University Berrien Springs, MI Jan 01, 2015 $62,551
Associate Professor, Economics Marymount California University Rancho Palos Verdes, CA Jul 01, 2015 $61,730
Associate Professor, Economics Marymount College, Palos Verdes, California Rancho Palos Verdes, CA Jul 01, 2012 $60,000
Associate Professor, Economics Marymount College, Palos Verdes, California Rancho Palos Verdes, CA Aug 20, 2012 $60,000

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Top 10 Best States for Associate Professors Of Economics

  1. Utah
  2. New York
  3. Iowa
  4. Michigan
  5. Pennsylvania
  6. Louisiana
  7. New Hampshire
  8. Rhode Island
  9. Kansas
  10. Tennessee
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