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 2023

Geography	Employment	Emp SE*	Percentiles
Geography	Employment	Emp SE*	Mean	10th	25th	Median	75th	90th
Northwest Minnesota	30	9	$88,974.20/yr	$63,359.11/yr	$75,732.07/yr	$84,520.35/yr	$112,763.72/yr	$112,763.72/yr

Leading Industries for Economics Teachers, Postsecondary

Industry	OES Employment (Statewide)	OES Median Wage (Statewide)
Education and Health Services	320	N/A

Other Regional Data for Economics Teachers, Postsecondary

Geography	Employment	Median Wage	Projections % Change 2020-2030
Southwest Minnesota	N/A	$133,058.91/yr	N/A
Fargo ND-MN MSA	N/A	N/A	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	$133,054.75/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
Central Minnesota	N/A	N/A	N/A
Northeast Minnesota	N/A	N/A	N/A
Duluth MN-WI MSA	20	$101,943.22/yr	N/A
Northwest Balance of State	20	$81,278.35/yr	N/A
Northwest Minnesota	30	$84,520.35/yr	0.0%
Southeast Balance of State	40	$106,533.11/yr	N/A
Southeast Minnesota	40	$106,528.95/yr	N/A
Seven County Mpls-St Paul, MN	180	$107,618.27/yr	2.3%
Minneapolis-St Paul-Bloomington MN-WI MSA	200	$100,769.79/yr	N/A
Minnesota	320	$102,368.98/yr	2.2%

Related Occupations

Occupations	Employment	Median Wage	Projections % Change 2020-2030
Economists	220	$46.76/hr	3.8%
Business Teachers, Postsecondary	1,040	$91,070.80/yr	4.4%
Survey Researchers	100	$25.91/hr	N/A
Sociologists	40	$38.75/hr	N/A
Family and Consumer Sciences Teachers, Postsecondary	20	$64,497.24/yr	N/A
Political Scientists	N/A	N/A	N/A
Instructional Coordinators	3,800	$37.77/hr	6.5%
Political Science Teachers, Postsecondary	210	$99,814.43/yr	2.4%
Compensation, Benefits, and Job Analysis Specialists	1,580	$38.18/hr	7.8%
Education Teachers, Postsecondary	990	$78,754.96/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.