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Phd In Economics Jobs in Michigan (NOW HIRING)

University of Michigan

LEO Lecturer I

Ann Arbor, MI · On-site

... in Winter 2023: "Economics of Developing Countries" and "Economics of the Public Sector." Pending ... Luke Shaefer, PhD, Associate Dean for Academic Affairs (ford.school.adaa@umich.edu)

Meijer Companies Ltd

Data Scientist

Grand Rapids, MI · On-site

Advanced Degree (MA/MS, PhD) in Mathematics, Statistics, Economics, Sociology or related quantitative field * 4+ years of relevant data science experience in an applied role preferable in retail ...

Auto-Owners Insurance

Data Scientist

Lansing, MI · On-site

... Research, Economics, Electrical Engineering, etc.) * Proficiency in SQL or other data querying ... PhD in a quantitative discipline * (Preferred) Experience in the insurance industry Compensation ...

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Phd In Economics information

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$46

$56

$66

How much do phd in economics jobs pay per hour?

As of Jul 27, 2026, the average hourly pay for phd in economics in Michigan is $56.99, according to ZipRecruiter salary data. Most workers in this role earn between $51.97 and $62.02 per hour, depending on experience, location, and employer.

What can I do with a PhD in econ?

A PhD in economics prepares individuals for careers in academia, research institutions, government agencies, and private sector roles such as economic analyst, policy advisor, or data scientist. It involves advanced analytical skills, quantitative methods, and economic modeling, often requiring proficiency in statistical software like Stata or R.

What is a PhD in Economics?

A PhD in Economics is a doctoral degree focused on advanced study and research in economic theory, econometrics, and applied economics. This program typically spans 4-6 years and involves rigorous coursework, comprehensive exams, and original research culminating in a dissertation. Graduates are trained to analyze complex economic problems, contribute to policy discussions, and advance the field through academic or industry research. Earning a PhD in Economics prepares individuals for careers in academia, government, international organizations, and the private sector.

What types of career paths are available to someone with a PhD in Economics beyond academia?

While many with a PhD in Economics pursue academic research and teaching positions, there are also diverse opportunities in government agencies, think tanks, international organizations, and the private sector. Economists are often employed in policy analysis, data science, consulting, and financial services, where their analytical and quantitative skills are highly valued. Collaborating with multidisciplinary teams is common, and positions often involve conducting complex research, presenting findings to stakeholders, and informing decision-making processes. Career advancement can lead to senior research, policy advisory, or executive roles depending on the industry.

What is the average salary of a PhD economist?

The average salary of a PhD economist varies by industry and location but typically ranges from $80,000 to over $150,000 annually. Economists working in government, academia, or private sector consulting often have different compensation levels based on experience and specialization.

Is a PhD in econ worth it?

A PhD in economics prepares individuals for research, academia, and high-level policy analysis, often leading to positions in government, think tanks, or universities. While it offers advanced skills in data analysis and economic modeling, the degree requires significant time and financial investment with variable job market outcomes depending on specialization and experience.

Are economics PhDs in demand?

Economics PhDs are in demand in academia, research institutions, government agencies, and private sector roles such as consulting and finance. These positions often require strong analytical skills, quantitative methods, and proficiency with statistical software. Employment prospects depend on specialization, experience, and economic conditions.

What is the difference between Phd In Economics vs Economist?

AspectPhd In EconomicsEconomist
Required CredentialsDoctorate (PhD) in EconomicsBachelor's or Master's in Economics or related field; PhD preferred for advanced roles
Work EnvironmentAcademic, research institutions, think tanks, policy organizationsGovernment agencies, private firms, consulting, research institutions
Industry UsageAcademic research, policy analysis, teachingEconomic analysis, forecasting, policy advising, consulting

While a Phd In Economics focuses on advanced research and academic roles, an Economist applies economic principles in various industries, often with less emphasis on academic research. Both roles require strong analytical skills, but the PhD is essential for research-intensive positions, whereas Economists may have diverse educational backgrounds.

What are the key skills and qualifications needed to thrive as a PhD in Economics, and why are they important?

To thrive as a PhD in Economics, you need advanced quantitative analysis, economic theory expertise, and strong research skills, typically supported by a doctoral degree in economics or a related field. Proficiency with statistical software such as Stata, R, or MATLAB and experience with academic publishing and data management tools are highly valued. Exceptional critical thinking, effective communication, and collaborative abilities distinguish top economists in academic or industry roles. These skills are crucial for producing rigorous research, influencing policy, and effectively conveying complex economic concepts to diverse audiences.
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What cities in Michigan are hiring for Phd In Economics jobs? Cities in Michigan with the most Phd In Economics job openings:
Phd In Economics jobs near you
Infographic showing various Phd In Economics job openings in Michigan as of July 2026, with employment types broken down into 15% Locum Tenens, 72% Full Time, 11% Part Time, and 2% Contract. Highlights an 79% Physical, 5% Hybrid, and 16% Remote job distribution, with an average salary of $118,536 per year, or $57 per hour.
Assistant Professor in Economics

Assistant Professor in Economics

University of Michigan

Ann Arbor, MI • On-site

Full-time

Posted 20 days ago

University Of Michigan rating

8.1

Company rating: 8.1 out of 10

Based on 144 frontline employees who took The Breakroom Quiz

152nd of 612 rated colleges and universities

Job description

Description
The Gerald R. Ford School of Public Policy at The University of Michigan invites applications for a tenure track position in economics at the advanced assistant professor level, to begin in August 2023. Applicants must have at least 2-3 years of experience post-PhD and should have a distinguished record of scholarly achievement. We seek scholars committed to policy-oriented research and to teaching undergraduate and master's courses in an interdisciplinary, public policy program. We welcome a broad range of applicants engaged in policy-relevant research.
Required qualifications include a PhD in economics, public policy or related field. Public policy experience is desirable but not required.
Qualifications
Applicants must have at least 2-3 years of experience post-PhD and should have a distinguished record of scholarly achievement.
Application Instructions
The following application materials should be sent in PDF format to ; a letter of interest, curriculum vitae, three letters of reference, evidence of teaching performance (if available), completed research papers, and a statement describing how you or your work would contribute to the Ford School's and University of Michigan's strategic commitment to diversity, equity and inclusion (fordschool.umich.edu/dei). First consideration will be given to applications submitted by November 15, 2022, but applications will continue to be considered until the position is filled

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About University of Michigan

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The University of Michigan (U-M), based in Ann Arbor, MI, US, is one of America's most esteemed institutions in higher education. Established in 1817, it presides in the industry of education and research, providing a range of services including undergraduate, graduate, and professional education programs. Complementing this is an extensive research activity that has significantly contributed to various fields, from healthcare to engineering, humanities to sports. Upholding its mission "to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values", U-M consistently ranks among the top universities globally, a testament to its tradition of excellence in learning and research, and a deep commitment to innovation and discovery.

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Company size

10,000+ Employees

Headquarters location

Ann Arbor, MI, US

Year founded

1817

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