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The differences between economics instructors and economics professors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an economics professor has an average salary of $104,547, which is higher than the $60,797 average annual salary of an economics instructor.
The top three skills for an economics instructor include macro, course content and syllabus. The most important skills for an economics professor are econometrics, student learning, and economic development.
| Economics Instructor | Economics Professor | |
| Yearly salary | $60,797 | $104,547 |
| Hourly rate | $29.23 | $50.26 |
| Growth rate | 12% | 12% |
| Number of jobs | 24,599 | 12,165 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 49% |
| Average age | 46 | 46 |
| Years of experience | - | - |
Economics instructors and economics professors have different pay scales, as shown below.
| Economics Instructor | Economics Professor | |
| Average salary | $60,797 | $104,547 |
| Salary range | Between $42,000 And $86,000 | Between $58,000 And $186,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | Nevada | Rhode Island |
| Best paying company | University of California, Berkeley | University of Arizona Foundation |
| Best paying industry | Education | Education |
There are a few differences between an economics instructor and an economics professor in terms of educational background:
| Economics Instructor | Economics Professor | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 49% |
| Most common major | Economics | Economics |
| Most common college | Harvard University | Harvard University |
Here are the differences between economics instructors' and economics professors' demographics:
| Economics Instructor | Economics Professor | |
| Average age | 46 | 46 |
| Gender ratio | Male, 63.1% Female, 36.9% | Male, 69.5% Female, 30.5% |
| Race ratio | Black or African American, 7.0% Unknown, 4.9% Hispanic or Latino, 10.0% Asian, 12.6% White, 65.2% American Indian and Alaska Native, 0.3% | Black or African American, 6.3% Unknown, 4.8% Hispanic or Latino, 9.0% Asian, 17.0% White, 62.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 16% | 16% |