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Economic Professor information

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$42.5K

$80.1K

$135K

How much do economic professor jobs pay per year?

As of May 28, 2026, the average yearly pay for economic professor in the United States is $80,057.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,000.00 and $91,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Economics Professor, and why are they important?

To thrive as an Economics Professor, you need an advanced degree (typically a PhD) in economics, deep subject knowledge, and a strong research background. Proficiency with statistical analysis software (such as Stata or R), data visualization tools, and familiarity with academic publishing platforms is essential. Exceptional communication, mentoring abilities, and critical thinking are key soft skills that foster student engagement and academic collaboration. These skills ensure rigorous research, effective teaching, and meaningful contributions to the academic community.

What are some common challenges Economic Professors face when balancing research and teaching responsibilities?

Economic Professors often juggle multiple priorities, including developing and delivering engaging lectures, conducting original research, and publishing in academic journals. Balancing these responsibilities can be challenging, especially during peak grading periods or when pursuing complex research projects. Time management and setting clear priorities are crucial, and many professors collaborate with colleagues or mentor graduate students to help share the workload. Most institutions also provide resources and support to help faculty maintain a healthy balance between teaching excellence and research productivity.

What does an Economic Professor do?

An Economic Professor teaches courses in economics at a college or university level, conducts research in their area of expertise, and publishes scholarly articles. They also mentor students, supervise research projects, and may participate in academic committees. Economic Professors often stay updated on current economic trends and theories to provide relevant and engaging instruction. Their work helps shape the next generation of economists and contributes to the field's academic development.

Do economics professors make a lot of money?

Economics professors' salaries vary based on factors such as experience, education level, and institution type, but they generally earn competitive wages within academia. Salaries can range from around $60,000 to over $150,000 annually, with those at research universities or with tenure earning higher pay. Additional income may come from research grants, consulting, or publishing.

What is the difference between Economic Professor vs Economic Analyst?

AspectEconomic ProfessorEconomic Analyst
Required CredentialsDoctorate in Economics, Ph.D.Bachelor's or Master's in Economics or related field
Work EnvironmentUniversities, academic institutionsCorporations, government agencies, research firms
Employer & Industry UsageHigher education, researchPrivate sector, public policy, consulting
Common Search & ComparisonYesNo

Economic Professors typically hold a Ph.D. and work in academia, focusing on teaching and research. Economic Analysts usually have a bachelor's or master's degree and work in industry or government, analyzing economic data to inform decisions. While both roles involve economics, their work environments, credentials, and industry applications differ significantly.

More about Economic Professor jobs
What cities are hiring for Economic Professor jobs? Cities with the most Economic Professor job openings:
What states have the most Economic Professor jobs? States with the most job openings for Economic Professor jobs include:
Economic Professor jobs near you
Infographic showing various Economic Professor job openings in the United States as of May 2026, with employment types broken down into 71% Full Time, 18% Part Time, 3% Temporary, and 8% Contract. Highlights an 99% Physical, and 1% Hybrid job distribution, with an average salary of $80,057 per year, or $38.5 per hour.
Visiting Assistant Professor of Economics

Visiting Assistant Professor of Economics

Pomona College

Claremont, CA • On-site

$78K - $85K/yr

Full-time

Posted 29 days ago

Job description

Job Posting Location:
Claremont, CA
Job Posting Title:
Visiting Assistant Professor of Economics
Job Description:
The Department of Economics at Pomona College invite applications for a one-year Visiting Assistant Professor of Economics. Qualified candidates should have a Ph.D. in Economics, Public Policy, or a related field (or be near completion). The successful candidate will offer five courses a year, which includes multiple sections of one class (so no more than three preps). The candidate's course assignments will be determined together with the Department's chair but will include statistics or our introductory microeconomics course.
Established in 1887, Pomona College is the founding member of the Claremont Colleges, a unique constellation of five liberal arts undergraduate colleges and two graduate institutions located in eastern Los Angeles County in southern California. Pomona College's student body consists of approximately 1,700 students, over 55% of whom identify as a person of color. The College is committed to a need-blind, no-loan admissions policy and values equal access to higher education. Students of the Claremont Colleges can cross-register for courses at any of the colleges, and faculty and staff across the colleges often collaborate. Currently, the Department of Economics consists of 13 tenured or tenured track faculty members, and there are more than 50 economists at the Claremont Colleges.
To apply for this position, please submit (as one PDF 5MB) a CV, cover letter, a statement of teaching experience, a statement regarding experience with mentoring or advising a diverse student body (Writing the Equity and Inclusion Statement), evidence of teaching effectiveness such as course evaluations, and a research statement. Please arrange for three letters of recommendation to be uploaded as well. We will begin considering dossiers immediately and until the position is filled. This position is not eligible for travel and moving expenses. Employment is contingent upon providing proof of the legal right to work in the United States as required by the Immigration Reform and Control Act of 1986 for the duration of the contract, July 1, 2025 until June 30, 2026.
As an equal opportunity workplace, Pomona College is committed to equal opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, ability, gender identity or Veteran status. Pomona College is committed to elevating academic rigor through inclusive excellence and welcomes applications from women and members of underrepresented groups in the economics discipline.
The salary range for this position is $78,000-$85,000 and is commensurate with teaching experience and degree status.

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