Economics Teachers, Postsecondary
SOC code 25-1063 · O*NET-SOC 25-1063.00 · Extensive preparation needed · Education and library
Economics Teachers, Postsecondary pay
U.S. national figures, May 2025 BLS survey · How we got this number
Median pay
$123,920
a year
Hourly
—
per hour
The solid band is the middle 50% of workers; the bar spans the 10th to 90th percentile.
Average pay
$138,850
— per hour
Middle 50%
$86,840 – $168,770
25th to 75th percentile
Full spread
$64,060 – $224,200
10th to 90th percentile
People employed
11,560
nationwide
National U.S. figure, May 2025. Local pay can be higher or lower.
- 10th percentile
- $64,060
- —/hr
- 25th percentile
- $86,840
- —/hr
- Median percentile
- $123,920
- —/hr
- 75th percentile
- $168,770
- —/hr
- 90th percentile
- $224,200
- —/hr
What do economics teachers, postsecondary do?
Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
The tasks that matter most day to day
- 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.
How to qualify for this work
Most people in this role hold doctoral degree — 81% of workers surveyed reported it as their level of education.
Preparation level: zone 5 — Extensive preparation needed
- Education
- 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).
- Experience
- 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.
- Training
- 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.
Education reported by people doing this job
- Doctoral Degree81%
- Post-Master's Certificate10%
- Master's Degree7%
- Bachelor's Degree2%
Common questions
How much does an economics teachers, postsecondary earn?
The national median is $123,920 a year. The full range runs from $64,060 at the 10th percentile to $224,200 at the 90th — entry pay sits closer to the lower figure, and experience, licensing and specialisation move you up the range.
Can you become an economics teachers, postsecondary without a degree?
Not usually — this occupation sits in preparation zone 5, where the typical entry route is 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). The education breakdown above shows what people in the role actually reported.
Skills and knowledge you need
Core skills
- Speaking4.1/5
- Reading Comprehension4.0/5
- Active Listening4.0/5
- Writing4.0/5
- Critical Thinking3.9/5
- Learning Strategies3.9/5
- Active Learning3.8/5
- Mathematics3.3/5
Knowledge areas
- Mathematics4.5/5
- Education and Training4.3/5
- Economics and Accounting4.2/5
- English Language4.1/5
- Computers and Electronics2.9/5
- Administration and Management2.9/5
- Law and Government2.9/5
- Sociology and Anthropology2.8/5
Transferable strengths: Instructing, Judgment and Decision Making.