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Unlock Your Future in Economics: Thrilling Careers and Research Frontiers Await!
Economics faculty jobs offer a gateway to influential roles shaping policy, markets, and global challenges. Whether you're a student eyeing graduate programs or a PhD holder seeking tenure-track positions, the field blends rigorous analysis with real-world impact. From macro trends driving recessions to micro behaviors in behavioral economics, opportunities abound in universities worldwide. Aspiring economists study core topics like econometrics, game theory, and international trade, preparing for paths in consulting, government, or academia. Check out higher ed jobs today to jumpstart your search. Professors enjoy prestige at elite departments, with salaries scaling from $105,000 for assistant roles to over $200,000 for full professors at top institutions, per 2023 AAUP data. Trends favor specialists in environmental economics amid climate debates and data economists in tech hubs. Before committing, explore Rate My Economics Professor reviews for department vibes. Dive into professor salaries for location-specific insights, like higher pay in California universities.
What to Study for Economics Careers
Students targeting Economics faculty jobs should master undergraduate foundations in microeconomics, macroeconomics, and statistics. Advanced degrees like a PhD from programs at MIT or Harvard unlock academia. Fringe quirk: the University of Chicago's 'Chicago School' emphasizes free markets, producing 10 Nobel laureates since 1969, influencing global policy. Pair studies with internships via research assistant jobs. Parents note strong ROI—econ grads earn 20% more mid-career per Georgetown data.
Top Skills for Aspiring Economists
- Econometrics and Stata/R proficiency
- Behavioral economics insights from Kahneman's Nobel work
- Policy analysis for Fed or World Bank roles
Professor Opportunities and Salaries in Economics
Economics professor jobs thrive at research universities and liberal arts colleges. Tenure-track openings emphasize publications in top journals like AER. Explore professor jobs or lecturer jobs on AcademicJobs.com. Salaries vary: New York City averages $140k for associates, per 2023 Chronicle data, while Midwest roles start lower but offer stability.
| Rank | Avg US Salary (2023) | Top Locale Example |
|---|---|---|
| Assistant Professor | $105,000 | California ($120k+) |
| Associate | $130,000 | NYC ($150k) |
| Full Professor | $180,000 | Ivy League ($250k+) |
Visit professor salaries for detailed breakdowns. Unique anecdote: During the 2008 crisis, econ profs like Eugene Fama defended efficient markets, sparking ongoing debates.
Trends and Prestige in Economics Academia
Growth in econ jobs hits 8% by 2032 (BLS), driven by AI policy needs. Prestige peaks at Ivy League schools like Princeton. Rate faculty via Rate My Economics Professor at Ivy League schools. Job seekers, browse higher ed jobs faculty for postdocs via postdoc listings. Quirky trend: Freakonomics popularized pop-econ, blending anecdotes with data.
Emerging Niches
- Climate economics at Stanford
- Crypto policy roles
- Health econ post-COVID
Find Your Next Economics Role
Staff and job seekers, target administration jobs or HR jobs in econ depts. Students, use scholarships for PhDs. Always review Rate My Economics Professor and check professor salaries. Explore US or UK openings.
Associations for Economics
American Economic Association
A non-profit scholarly association dedicated to encouraging economic research, publication, and discussion among economists in the United States.
Royal Economic Society
A professional association that promotes the study of economic science in academia, government, and industry in the United Kingdom.
International Economic Association
A global federation of national economic associations aimed at fostering international collaboration and research in economics.
European Economic Association
An organization that promotes the development and application of economic science across Europe through conferences, journals, and networking.
Econometric Society
An international society focused on advancing economic theory in its relation to statistics and mathematics through research and publications.
Canadian Economics Association
A national organization that supports economic research, education, and policy discussion among economists in Canada.
Economic Society of Australia
A society that promotes the study and application of economics in Australia through events, publications, and professional development.
Frequently Asked Questions
📚What qualifications are needed for Economics faculty jobs?
A PhD in Economics is essential, plus publications. Check Rate My Economics Professor for dept insights.
💰What is the average Economics professor salary?
Assistant profs earn ~$105k, full ~$180k (2023 AAUP). See professor salaries for details by California.
🏆Top universities for Economics departments?
Harvard, Chicago (10 Nobels), MIT lead. Explore Ivy League guide and Rate My Economics Professor.
🚀Career paths for Economics students?
PhD to faculty, or finance/policy. High ROI per Georgetown. Find faculty jobs or advice at career advice.
📈Current trends in Economics academia?
Environmental econ, AI policy booming. Chicago School quirk influences deregulation. Search research jobs.
⭐How to rate Economics professors?
Use Rate My Economics Professor for teaching quality before applying.
🔬Postdoc opportunities in Economics?
Abundant at top schools; browse postdoc listings on AcademicJobs.com.
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