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Occupation Details

Economics Teachers, Postsecondary

$77,470.00
Starting NY Salary
More School - Graduate or advanced degree
Preparation
+51 jobs/year
NY Growth (2030)

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

O*NET: 25-1063.00

Interests

Investigative

Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.

Social

Social occupations frequently involve working with, communicating with, and teaching people. These occupations often involve helping or providing service to others.

Work Values

Achievement

Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.

Recognition

Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.

Independence

Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.

Salary & Job Outlook

Starting Salary

$77,470.00

New York State
Median Salary

$131,820.00

New York State
Experienced Salary

$171,320.00

New York State
National Average for Comparison
Starting Salary
$76,580.00
Median Salary
$103,930.00
Experienced Salary
$144,980.00

New York State Job Market Outlook

Jobs Right Now (2018)

3,270

professionals in NY
Future Job Growth (2030)

3,780

+51 jobs/year
New Jobs Every Year

373

new opportunities yearly
Growth Rate

0.2%

projected increase
Wages are calculated from average hourly rates for full-time work over one year. Actual salaries may vary based on location, experience, and work schedules.

Preparation: Experience, Training, and Education

The list below outlines the prior educational experience required to perform in this occupation.

More School - Graduate or advanced degree
Experience Requirements

Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

Education Requirements

Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

Training Details

Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

Transferrable Skills and Experience

These occupations often involve coordinating, training, supervising, or managing the activities of others to accomplish goals. Very advanced communication and organizational skills are required. Examples include pharmacists, lawyers, astronomers, biologists, clergy, physician assistants, and veterinarians.

School Programs

The following lists school programs which are applicable to this occupation.

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Licensing & Certification

State License and Certifications Requirements are not currently associated with this occupation.

Skills

The list below includes the skills required by workers in this occupation; skills are what allow you to learn more quickly and improve your performance.

Speaking

Talking to others to convey information effectively.

Reading Comprehension

Understanding written sentences and paragraphs in work-related documents.

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.

Writing

Communicating effectively in writing as appropriate for the needs of the audience.

Instructing

Teaching others how to do something.

Critical Thinking

Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

Learning Strategies

Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.

Active Learning

Understanding the implications of new information for both current and future problem-solving and decision-making.

Skill importance is measured on a five point scale, where one means 'slightly important for this occupation' and five means 'extremely important for this occupation'.
Skill level is measured on a seven point scale, where one means 'some competence required for this occupation' and seven means 'a high level of expertise required for this occupation'.

Knowledge

The list below includes knowledge items, the principles and facts required by this occupation.

Mathematics

Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

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.

Economics and Accounting

Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

English Language

Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

Knowledge importance is measured on a five point scale, where one means 'slightly important for this occupation' and five means 'extremely important for this occupation'.
Knowledge level is measured on a seven point scale, where one means 'some competence required for this occupation' and seven means 'a high level of expertise required for this occupation'.

Work Environment

The list below includes the physical and social factors that influence the nature of work in this occupation.

Electronic Mail Freedom to Make Decisions Structured versus Unstructured Work Face-to-Face Discussions Spend Time Sitting Contact With Others Public Speaking Indoors, Environmentally Controlled Importance of Being Exact or Accurate Level of Competition

Hover over or tap each factor to see its description.

Work Styles

Included in the list below are the personal work style characteristics that can affect how well a worker is likely to perform in this occupation.

Achievement/Effort

Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.

Analytical Thinking

Job requires analyzing information and using logic to address work-related issues and problems.

Attention to Detail

Job requires being careful about detail and thorough in completing work tasks.

Dependability

Job requires being reliable, responsible, and dependable, and fulfilling obligations.

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.

Initiative

Job requires a willingness to take on responsibilities and challenges.

Innovation

Job requires creativity and alternative thinking to develop new ideas for and answers to work-related problems.

Integrity

Job requires being honest and ethical.

Persistence

Job requires persistence in the face of obstacles.

Self-Control

Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations.

Tools & Technology

This list below describes the machines, equipment, tools, software, and information technology that workers in this occupation will use.

Tools

  • Carousel slide projectors
  • Compact digital cameras
  • Compact disk CD players
  • Computer data input scanners
  • Computer laser printers
  • Computer projectors
  • Conference telephones
  • Desktop computers
  • Digital calculators
  • Digital video cameras
  • Digital video disk DVD players
  • Handheld microphones
  • Interactive whiteboard controllers
  • Interactive whiteboards
  • Laptop computers
  • Laser facsimile machines
  • Liquid crystal display LCD projectors
  • Liquid crystal display LCD televisions
  • MP3 digital voice recorders
  • Microphone podiums
  • Multi-line telephone systems
  • Multimedia projection equipment
  • Opaque projectors
  • Overhead data projectors
  • Photocopying equipment
  • Poster printers
  • Projector screens
  • Student response systems
  • Tablet computers
  • Television monitors

Technology

  • Aptech Systems GAUSS
  • Blackboard Learn
  • Calendar and scheduling software
  • Collaborative editing software
  • Course management system software
  • DOC Cop
  • Desire2Learn LMS software
  • Econport
  • Email software
  • FEAR
  • Facebook
  • Gnuplot
  • Google Docs
  • Image scanning software
  • Insightful S-PLUS
  • JessX stock simulator software

Duties

Duties are job behaviors describing activities that occur on multiple jobs. The generalized and detailed work activities described in the list below apply to this occupation.

  • encourage group participation

  • direct and coordinate scientific research or investigative studies

  • maintain educational records, reports, or files
  • prepare educational reports

  • advise students
  • advise governmental or industrial personnel

  • write research or project grant proposals

  • evaluate student performance

  • make education presentations

  • compile bibliographies of specialized materials

  • interpret charts or tables for social or economic research
  • write scholarly or technical research papers

  • analyze social or economic data
  • conduct research on work-related topics

  • use computers to enter, access or retrieve educational data

  • design classroom presentations

  • use current social research
  • use knowledge of economic trends
  • use oral or written communication techniques
  • use scientific research methodology
  • use teaching techniques
  • use public speaking techniques
  • use library or online Internet research techniques

  • convert information into instructional program
  • develop instructional materials
  • organize educational material or ideas
  • teach college level courses
  • develop course or training objectives

  • collect academic research data

Tasks

The list below outlines specific tasks that a worker in this occupation is called upon to do regularly.

  • Prepare and deliver lectures to undergraduate or graduate students on topics such as econometrics, price theory, and macroeconomics.
  • Prepare course materials, such as syllabi, homework assignments, and handouts.
  • Conduct research in a particular field of knowledge and publish findings in professional journals, books, or electronic media.
  • Keep abreast of developments in the field by reading current literature, talking with colleagues, and participating in professional conferences.
  • Evaluate and grade students' class work, assignments, and papers.
  • Plan, evaluate, and revise curricula, course content, course materials, and methods of instruction.
  • Compile, administer, and grade examinations, or assign this work to others.
  • Maintain student attendance records, grades, and other required records.
  • Initiate, facilitate, and moderate classroom discussions.
  • Supervise undergraduate or graduate teaching, internship, and research work.
  • Maintain regularly scheduled office hours to advise and assist students.
  • Advise students on academic and vocational curricula and on career issues.
  • Collaborate with colleagues to address teaching and research issues.
  • Select and obtain materials and supplies, such as textbooks.
  • Perform administrative duties, such as serving as department head.
  • Participate in student recruitment, registration, and placement activities.
  • Compile bibliographies of specialized materials for outside reading assignments.
  • Serve on academic or administrative committees that deal with institutional policies, departmental matters, and academic issues.
  • Write grant proposals to procure external research funding.
  • Provide professional consulting services to government or industry.
  • Participate in campus and community events.
  • Act as advisers to student organizations.

Learning Resources

More information on this occupation may be found in the links provided below.

Teachers-postsecondary

Visit this link for additional information on this career from the Occupational Outlook Handbook; a publication produced and maintained by the United States Department of Labor.

Learn More