Occupational Employment Statistics

DETAILED OCCUPATION DATA

25-1063 Economics Teachers, Postsecondary

Occupational Description:
Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Occupational Employment Statistics(OES) Wage Data
First Quarter 2022

Geography	Employment	Emp SE*	Percentiles
Geography	Employment	Emp SE*	Mean	10th	25th	Median	75th	90th
Northeast Minnesota	20	7	$110,478.12/yr	$64,654.55/yr	$82,587.86/yr	$104,619.97/yr	$132,157.73/yr	$134,337.33/yr

Leading Industries for Economics Teachers, Postsecondary

Industry	OES Employment (Statewide)	OES Median Wage (Statewide)
Education and Health Services	310	N/A

Other Regional Data for Economics Teachers, Postsecondary

Geography	Employment	Median Wage	Projections % Change 2020-2030
Southeast Minnesota	N/A	N/A	N/A
Southwest Minnesota	N/A	$138,288.99/yr	N/A
Grand Forks ND-MN MSA	N/A	N/A	N/A
La Crosse WI-MN MSA	N/A	N/A	N/A
Mankato-North Mankato MN MSA	N/A	$138,292.17/yr	N/A
Rochester MN MSA	N/A	N/A	N/A
St Cloud MN MSA	N/A	N/A	N/A
Southwest Balance of State	N/A	N/A	N/A
Southeast Balance of State	N/A	N/A	N/A
Northwest Balance of State	10	$84,071.98/yr	N/A
Central Minnesota	20	$111,412.84/yr	N/A
Northeast Minnesota	20	$104,619.97/yr	5.3%
Duluth MN-WI MSA	20	$104,618.91/yr	N/A
Northwest Minnesota	30	$87,149.26/yr	0.0%
Fargo ND-MN MSA	40	$111,414.96/yr	N/A
Seven County Mpls-St Paul, MN	170	$105,771.70/yr	2.3%
Minneapolis-St Paul-Bloomington MN-WI MSA	180	$105,730.42/yr	N/A
Minnesota	310	$105,666.90/yr	2.2%

Related Occupations

Occupations	Employment	Median Wage	Projections % Change 2020-2030
Economists	210	$50.83/hr	3.8%
Business Teachers, Postsecondary	1,210	$86,781.93/yr	4.4%
Survey Researchers	N/A	$31.51/hr	N/A
Sociologists	40	$32.91/hr	N/A
Family and Consumer Sciences Teachers, Postsecondary	20	$65,695.13/yr	N/A
Instructional Coordinators	3,740	$38.65/hr	6.5%
Political Science Teachers, Postsecondary	240	$86,781.93/yr	2.4%
Compensation, Benefits, and Job Analysis Specialists	1,530	$39.09/hr	7.8%
Education Teachers, Postsecondary	1,240	$80,726.89/yr	1.7%
Law Teachers, Postsecondary	110	$138,546.22/yr	1.7%

Task for Economics Teachers, Postsecondary

Prepare and deliver lectures to undergraduate or graduate students on topics such as econometrics, price theory, and macroeconomics.
Maintain regularly scheduled office hours to advise and assist students.
Initiate, facilitate, and moderate classroom discussions.
Conduct research in a particular field of knowledge and publish findings in professional journals, books, or electronic media.
Evaluate and grade students' class work, assignments, and papers.
Prepare course materials, such as syllabi, homework assignments, and handouts.
Keep abreast of developments in the field by reading current literature, talking with colleagues, and participating in professional conferences.
Keep abreast of developments in the field by reading current literature, talking with colleagues, and participating in professional conferences.
Collaborate with colleagues to address teaching and research issues.
Advise students on academic and vocational curricula and on career issues.