What they do
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Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
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| Also called: |
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Adjunct Professor, Assistant Professor, Associate Professor, Economics Instructor, Economics Lecturer, Economics Professor, Finance Professor, Instructor, Lecturer, Professor
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Wages
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| Vermont - 2023 |
| Percentile1 | Hourly | Yearly |
| 10% |
n/a |
$71,590 |
| 25% |
n/a |
$91,420 |
| Median |
n/a |
$106,920 |
| 75% |
n/a |
$141,220 |
| 90% |
n/a |
$165,330 |
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| Average |
n/a |
$116,340 |
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| More at CareerOneStop |
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Industries of Employment
| United States - 2020 |
| Industry | Percent of total |
- Educational services; state, local, and private
| 100% |
| 0% |
| More at BLS |
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Knowledge
| People in this career often know a lot about: |
- Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
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- 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.
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- Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
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- English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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| More at O*NET |
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Skills
| People in this career often have these skills: |
- Speaking
Talking to others to convey information effectively.
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- Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
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- Instructing
Teaching others how to do something.
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- Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
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- Writing
Communicating effectively in writing as appropriate for the needs of the audience.
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| More at O*NET |
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Interests
| People in this career often prefer these work environments: |
- Social
Work involves helping, teaching, advising, assisting, or providing service to others. Social occupations are often associated with social, health care, personal service, teaching/education, or religious activities.
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- Investigative
Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the fields of humanities, mathematics/statistics, information technology, or health care service.
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Work Styles
| People in this career will do well at jobs that need: |
- Analytical Thinking
Job requires analyzing information and using logic to address work-related issues and problems.
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- Achievement/Effort
Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.
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- Integrity
Job requires being honest and ethical.
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- Dependability
Job requires being reliable, responsible, and dependable, and fulfilling obligations.
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- Independence
Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.
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| More at O*NET |
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Tasks
| On the job, you would: |
- Prepare and deliver lectures to undergraduate or graduate students on topics such as econometrics, price theory, and macroeconomics.
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- Prepare course materials, such as syllabi, homework assignments, and handouts.
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- Conduct research in a particular field of knowledge and publish findings in professional journals, books, or electronic media.
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- Keep abreast of developments in the field by reading current literature, talking with colleagues, and participating in professional conferences.
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- Evaluate and grade students' class work, assignments, and papers.
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| More at O*NET |
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| Related Occupations
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| Career Video
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Projected Employment
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| Vermont |
| 2020 employment |
65 |
| 2030 employment |
71 |
Annual percent change
(compounded) |
0.9% |
Annual projected job openings
(due to change and separations) |
7 |
| More at Occupational Projections |
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Education and Experience:
- Typical education needed for entry
Doctoral or professional degree
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- Work experience in a related occupation
None
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- Typical on-the-job training needed to attain competency
None
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| Based on BLS Education and Training Classifications |
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Physical Work Activity
Performing physical activities that require considerable use of your arms and legs and moving your whole body, such as climbing, lifting, balancing, walking, stooping, and handling materials.
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- Physical activity is Seldom Important
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- Level of activity is Very Low
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| Low |  | High |
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| Compare Occupations at O*NET |
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Job Zone
| Extensive Preparation Needed |
- Specific Vocational Preparation Range
(8.0 and above) - A typical worker will require
over 4 years up to and including 10 years or more
of training to achieve average performance in this occupation.
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| Based on O*Net Job Zones and SVP |
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Education Level
| How much education do most people in this career have? |
| Education level |  | Percent of
U.S. Workers |
Doctoral or professional degree
or post-MA certificate | | 90% |
Master's degree or
post-BA certificate | | 7% |
| Bachelor's degree | | 2% |
| Associate's degree | | 0% |
Certificate or some college,
no degree | | 0% |
High school diploma
or equivalent | | 0% |
| Less than high school diploma | | 0% |
| More at O*NET |
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Abilities
| People in this career often have talent in: |
- Oral Expression
The ability to communicate information and ideas in speaking so others will understand.
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- Oral Comprehension
The ability to listen to and understand information and ideas presented through spoken words and sentences.
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- Speech Clarity
The ability to speak clearly so others can understand you.
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- Written Comprehension
The ability to read and understand information and ideas presented in writing.
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- Written Expression
The ability to communicate information and ideas in writing so others will understand.
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| More at O*NET |
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Work Activities
| In general, what you might do: |
- Getting Information
Observing, receiving, and otherwise obtaining information from all relevant sources.
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- Training and Teaching Others
Identifying the educational needs of others, developing formal educational or training programs or classes, and teaching or instructing others.
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- Updating and Using Relevant Knowledge
Keeping up-to-date technically and applying new knowledge to your job.
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- Thinking Creatively
Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.
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- Identifying Objects, Actions, and Events
Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.
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| More at O*NET |
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Detailed Work Activities
| What you might do in a day: |
- Teach social science courses at the college level.
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- Develop instructional materials.
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- Research topics in area of expertise.
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- Write articles, books or other original materials in area of expertise.
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- Attend training sessions or professional meetings to develop or maintain professional knowledge.
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| More at O*NET |
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Other Resources
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- CareerOneStop
resource for job seekers, students, businessess and career professionals
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- O*NET Online
nation's primary source of occupational information
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