Economics Professor

Explore employment trends, required job duties and skills for this career. ASU offers a variety of degrees that can help you prepare for and meet your career goals. Visit ASU's Career and Professional Development Services to learn how to develop your career plan.

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Potential job titles in this career

Adjunct Professor, Assistant Professor, Associate Professor, Economics Instructor, Economics Lecturer, Economics Professor, Finance Professor, Instructor, Lecturer, Professor

* Additional schooling, certification, or degrees maybe be required for some of the potential careers that are listed.

What will I do?

Prepare and deliver lectures to undergraduate or graduate students on topics such as econometrics, price theory, and macroeconomics.

Prepare course materials, such as syllabi, homework assignments, and handouts.

Conduct research in a particular field of knowledge and publish findings in professional journals, books, or electronic media.

Keep abreast of developments in the field by reading current literature, talking with colleagues, and participating in professional conferences.

Evaluate and grade students' class work, assignments, and papers.

Plan, evaluate, and revise curricula, course content, course materials, and methods of instruction.

Compile, administer, and grade examinations, or assign this work to others.

Maintain student attendance records, grades, and other required records.

Initiate, facilitate, and moderate classroom discussions.

Supervise undergraduate or graduate teaching, internship, and research work.

In this career, it is important to know

Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.

Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

Sociology and Anthropology - Knowledge of group behavior and dynamics, societal trends and influences, human migrations, ethnicity, cultures, and their history and origins.

Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.

It's useful to be good at

Oral Expression - The ability to communicate information and ideas in speaking so others will understand.

Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.

Speech Clarity - The ability to speak clearly so others can understand you.

Written Comprehension - The ability to read and understand information and ideas presented in writing.

Written Expression - The ability to communicate information and ideas in writing so others will understand.

Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.

Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

Speech Recognition - The ability to identify and understand the speech of another person.

Near Vision - The ability to see details at close range (within a few feet of the observer).

Mathematical Reasoning - The ability to choose the right mathematical methods or formulas to solve a problem.

Employment trends

Location	Pay period	2022
Location	Pay period	10%	25%	Median%	75%	90%
United States	Hourly
United States	Yearly	$51,480	$76,580	$103,930	$144,980	$213,680
Arizona	Hourly
Arizona	Yearly	$47,190	$65,560	$98,830	$156,870

2022 Median%
United States	Hourly	$103,930 Yearly
Arizona	Hourly	$98,830 Yearly

Employment (2022)

14,800 employees

Projected growth (2022 - 2032)

Slower than average (2% to 3%)

Projected job openings (2022 - 2032)

1,200

* Data obtained from the Occupational Information Network (O*NET) under sponsorship of the U.S. Department of Labor/Employment and Training Administration (USDOL/ETA).

What are accelerated programs?

Accelerated programs allow students the opportunity to expedite the completion of their degree.

3 year programs

These programs allow students to fast-track their studies after admission and earn a bachelor's degree in three years or fewer while participating in the same high-quality educational experience of a 4-year option. Students should talk to their academic advisor to get started.

Accelerated master's

These programs allow students to accelerate their studies to earn a bachelor's plus a master's degree in as few as five years (for some programs).

Each program has requirements students must meet to be eligible for consideration. Acceptance to the graduate program requires a separate application. Students typically receive approval to pursue the accelerated master’s during the junior year of their bachelor's degree program. Interested students can learn about eligibility requirements and how to apply.

What are concurrent programs?

Concurrent degrees allow students to pursue their own personal or professional interests, earn two distinct degrees and receive two diplomas. To add a concurrent degree to your existing degree, work with your academic advisor.

What are joint programs?

Joint programs, or jointly conferred degrees, are offered by more than one college and provide opportunities for students to take advantage of the academic strengths of two academic units. Upon graduation, students are awarded one degree and one diploma conferred by two colleges.

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What is the Western Undergraduate Exchange (WUE)?

The Western Undergraduate Exchange (WUE) is a program in which residents of western states (other than Arizona) may be eligible for reduced nonresident tuition. See more information and eligibility requirements on the Western Undergraduate Exchange (WUE) program.