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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.
Open Rank: Climate, Community, and Economic Resilience Professor (Center for Urban and Coastal Cl...

Open Rank: Climate, Community, and Economic Resilience Professor (Center for Urban and Coastal Cl...

Morgan State University

Baltimore, MD • On-site

$75K - $120K/yr

Full-time

Posted 13 days ago

Job description

Posting Details
Posting Summary
Job Title
Open Rank: Climate, Community, and Economic Resilience Professor (Center for Urban and Coastal Climate Science Research)
Division
Divison of Academic Affairs
Department
School of Computer, Mathematical & Natural Sciences
Work Status
Full Time
Position Category
Faculty
Faculty Rank
Open Rank
FLSA
Exempt
Pay Range
Salary Range
Assistant Professor $75,000 - $120,000; Associate Professor $80,000 - $130,000; Professor $95,000 - $170,000 (based on discipline)
Fund Source
State Support
Job Summary
Founded in 1867, Morgan State University is Maryland's premier public urban research institution, recognized for its dedication to excellence in teaching, research, public service, and community engagement. The School of Computer, Mathematical, and Natural Sciences (SCMNS), in partnership with the Morgan State Patuxent Environmental and Aquatic Research Laboratory (PEARL), invites applications for a 9.5-month tenure-track position in Community and Economic Resilience to support the newly established Center for Urban and Coastal Climate Science Research.
The Center is dedicated to addressing critical and complex challenges related to climate change, with a focus on its impact on natural ecosystems, the built environment, the economy, and the health and well-being of Maryland's residents. We are seeking to hire a new faculty at the assistant, associate, or full professor level whose research interests align with the mission of the Center for Urban and Coastal Climate Science Research. Salaries are competitive and include the State of Maryland benefits package.
The full-time appointment will begin in August 2025. We are especially interested in candidates who have a track record of research productivity in climate science and community resilience
focusing on climate-induced hazards and community resilience studies, including conceptual models of various infrastructure systems, their interdependencies, and economic and social systems. Candidates with a track record of research productivity on climate change and its effects on critical infrastructure such as power, water, food, transportation, housing, and communication systems, emergency services, economy, impact on human health, and mitigation strategies, are strongly encouraged to apply.
Job Duties
Selected candidates will be expected to: establish independent, externally funded research programs; mentor and supervise postdoctoral researchers, graduate/undergraduate students, and research technicians; teach undergraduate and graduate courses; and publish research findings in highly regarded peer-reviewed journals.
Knowledge, Skills, Abilities & Other Characteristics
Experience and commitment to advancing climate science and community and economic resilience research are essential.
Required Minimum Qualifications
The successful candidate must possess a Doctorate in a relevant discipline from an accredited university. The candidate must have demonstrated potential to develop a dynamic, nationally-recognized, and externally-funded research program that involves publishing in highly regarded peer-reviewed scientific journals.
Other Preferences for Consideration
Posting Detail Information
Posting Number
FA00366
Number of Vacancies
1
Job Open Date
08/25/2025
Best Consideration Date
10/31/2025
Job Close Date
Special Instructions to Applicant
Interested applicants should submit the following:
• A cover letter outlining interest and qualifications
• A comprehensive curriculum vitae
• A statement of research accomplishments and future research plans
• A statement of teaching philosophy and experience
• Contact information for at least three professional references
• A statement of research accomplishments and future research plans

Apply