An economics professor teaches and conducts research on a variety of economic topics at colleges and universities.
Typical Career Path:
Assistant Professor → Associate Professor → Professor
Colleges and Universities
Entry into a position as a professor generally requires a PhD. Though some colleges or universities may hire professors or adjunct professors with master's degrees, advancement in the field requires a PhD. Strong research skills are necessary for economics professors. When they are not teaching, professors are conducting research. The ability to work independently as well as with others is helpful. Though they have flexibility, professors need to be self-disciplined; they often set their own research schedules. Strong verbal and writing skills are also important.
National Average Salary:
Assistant professor in economics : $73,097