Associate Professor or Full Professor of Applied Economics and Minnesota State Economist. Located in the Department of Applied Economics, Twin Cities Campus, University of Minnesota and in Minnesota Management and Budget, St. Paul, Minnesota. This is a tenured faculty position. We are seeking one candidate for this role, which is cross-posted as both a Tenured Faculty and a Contract Faculty position, serving as Minnesota State Economist. Rank and appointment type are flexible and will be based on the successful candidate's experience.
BACKGROUND
Minnesota Management and Budget (MMB) is the state agency responsible for managing the states financial and human resources. Within MMB, the State Economist oversees the work products of the Economic Analysis Team. The State Economist in collaboration with this team produces the states twice-yearly economic and revenue forecasts. The State Economist and the team forecast the major sources of general fund tax revenuethe income, sales, and corporate taxesamong others. These forecasts set the baseline for the states biennial budget decision making and provide estimates for the adjustments necessary to keep the budget in balance. In addition, the team publishes fifteen statutorily mandated reports each year. The State Economist briefs the governor, legislators, the media, and the states bond rating agencies on the economic and revenue forecasts and serves as MMBs spokesperson on Minnesotas economy.
KEY RESPONSIBILITIES
University Teaching Applied Economics (APEC) (10%)
Teach one, half-semester-length course (or the equivalent) yearly in the Department of Applied Economics, as assigned by the Department Head. The extent of teaching load is negotiable and can vary over time as conditions warrant.
Applied Research (15%)
Develop a nationally or internationally recognized research program related to applied economics. This includes publishing articles in leading peer-reviewed journals, obtaining research grants, and advising graduate and undergraduate research.
Minnesota State Economist (75%)
Fulfill the duties of the State Economist as listed in the governing contract between the University and MMB. These include, but are not limited to:
Oversee the production of the states twice-yearly economic and revenue forecasts. In collaboration with Economic Analysis staff, forecast state economic variables and revenues from the individual income, sales, corporate income, and other taxes. With State Economic Analysis staff, write and edit the economy and revenue sections of the Budget and Economic Forecast report and presentation. Brief government officials, the media, and others on the economic and revenue forecasts.
Provide leadership and vision for the Economic Analysis Team in collaboration with the director of the state team. Provide the scholarly base for, and be responsible for the quality of, the teams models, forecasts, analyses, reports, and presentations.
Oversee the production of statutorily mandated reports, including monthly reports on state tax receipts and quarterly revenue and economic updates.
Serve as the economic spokesperson for MMB and state government by making public speaking engagements and engaging with the media upon request.
The incumbent is an employee of the University of Minnesota (entitled to its benefits and subject to its rules). The department head evaluates the incumbents performance in collaboration with the Commissioner or Commissioner Designee of Minnesota Management and Budget.
This position is not eligible for H-1B visa sponsorship or Green Card sponsorship.
In the event the selected candidate for this position cannot fulfill the obligations as State Economist, and if the individual is a tenured faculty member at the University of Minnesota, the position will convert to a 100%, 9-month faculty position in Applied Economics with an expectation of a 50% research and 50% teaching position subject to final approval of position expectations within those parameters by the Head of Applied Economics.
STARTING DATE
Jul 1, 2026 or thereafter, negotiable