Economics Assistant Professor

Industry:
Education
Last Updated:
September 19, 2023

Job Description Overview

An Economics Assistant Professor is a professional in the Education industry who teaches economics to undergraduate and graduate students. They often conduct research and publish papers related to their area of expertise. As an Economics Assistant Professor, your duties include preparing course materials, grading papers and exams, and attending departmental meetings. You may also mentor students and supervise their research projects. You would be expected to stay up-to-date with the latest developments in the field and incorporate new knowledge into your teaching methods. An Economics Assistant Professor job description requires strong communication skills both in and out of the classroom. Additionally, you would be expected to demonstrate a willingness to collaborate with colleagues and work towards the overall success of the department. As an Economics Assistant Professor, you can have a positive impact on the next generation of economists.

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Job Duties and Responsibilities

  • Teach undergraduate and graduate courses in economics
  • Conduct original research and publish papers in prominent academic journals
  • Supervise student research and collaborate with colleagues on research projects
  • Serve on academic committees and participate in departmental activities
  • Attend conferences and present research findings to academic audiences
  • Advise and mentor students, providing career guidance and academic support
  • Stay current with developments in the field of economics through reading, writing, and attending seminars
  • Help develop and revise economics curriculum to meet changing industry and academic needs
  • Participate in outreach activities, such as public lectures or media interviews, to promote understanding of economics to broader audience

Experience and Education Requirements

To become an Economics Assistant Professor, you need to have both education and experience. Most universities require a minimum of a Master's degree in Economics, but some may require a Ph.D. You also need to have teaching experience or experience conducting research in Economics. As an assistant professor, you will be responsible for teaching undergraduate and graduate courses, advising students, and engaging in research. You also need to have good communication skills and the ability to work well with others. Overall, if you are passionate about Economics and have the right education and experience, you can become an Economics Assistant Professor in the education industry.

Salary Range

Wondering about Economics Assistant Professor salary range? In the US, assistant professors of economics can earn an average of $87,000 to $115,000 per year, depending on the state and the institution. In certain regions, such as the Northeast and West Coast, the average salary range is higher.

In Canada, Economics Assistant Professors earn an average salary of CA$79,609 per year, while in the UK, the average salary for Assistant Professors in Economics is £41,526 per year.

However, factors such as experience, education level, and research productivity can affect salary range. Additionally, private institutions may offer higher salaries than public institutions.

Sources:

  1. Salary.com

  1. Payscale.com

  1. Glassdoor.com

Career Outlook

The career outlook for an Economics Assistant Professor over the next 5 years is promising, with growth expected. According to the Bureau of Labor Statistics, employment of postsecondary teachers (which includes Assistant Professors) is projected to grow 9 percent from 2019 to 2029, which is faster than the average for all occupations. 

The demand for Economics Assistant Professors is driven by the continued growth of institutions of higher education worldwide. High school graduates are increasingly seeking higher education, resulting in more job opportunities for assistant professors. Additionally, there is an increased emphasis on research and development in the field of economics, leading to more job openings.

Overall, the outlook for Economics Assistant Professors in the education industry is bright. With the growth in the higher education sector and the increasing importance of research, there will be continued demand for qualified and talented individuals to fill these roles.

Frequently Asked Questions (FAQ)

Q: What does an Economics Assistant Professor do?

A: They teach college-level courses in economics, conduct research, and publish papers in academic journals.

Q: What kind of qualifications do I need to become an Economics Assistant Professor?

A: Typically, you need a doctoral degree in economics and some teaching experience. Some institutions may also require research experience or publications in academic journals.

Q: How is the job market for Economics Assistant Professors?

A: It can be competitive, as there are more job seekers than available positions. However, demand for economists in academia is generally stable.

Q: What are the job duties of an Economics Assistant Professor?

A: They teach courses in various areas of economics, conduct research, advise students, and participate in departmental meetings.

Q: Can Economics Assistant Professors work on research projects outside of their institution?

A: Yes, they can work on research projects with other institutions or organizations, as long as it doesn't interfere with their primary job duties. Many also present their research findings at academic conferences.


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