How To Become An Applied Economics Professor In Oregon 2024
Learn everything you need to know about becoming an Applied Economics Professor, including salary, schools, and programs.
Applied Economics Professor in Oregon Career Overview
As an Applied Economics Professor, you play a vital role in the academic landscape by contributing to the understanding of economic principles and their real-world applications. Your primary responsibilities include:
Teaching: You deliver lectures and seminars, guiding students through complex economic theories and policies. Your expertise allows you to present concepts in a way that resonates with students, fostering a strong learning environment.
Research: You engage in original research, exploring pressing economic issues and applying quantitative methods to analyze data. Your findings contribute to the academic community and provide insights that can inform policy decisions and economic strategy.
Mentorship: You mentor students, helping them navigate their academic paths and guiding them in research projects and career planning. Your experience provides invaluable support as they prepare for their future roles in the economic field.
Collaboration: You often collaborate with other academics, policymakers, and industry experts to share knowledge and advance economic understanding. Through conferences and publications, you contribute to the broader dialogue surrounding economic issues.
Community Engagement: You may participate in outreach activities, applying your expertise to address local or state economic challenges. This engagement helps bridge the gap between academia and the community, emphasizing the practical application of economic theory.
Ultimately, your role as an Applied Economics Professor is essential in cultivating the next generation of economists and influencing the economic policies that shape communities and industries.
Best Schools to become a Applied Economics Professor near Oregon 2024
University of California-Davis
University of California-Berkeley
Utah State University
Applied Economics Professor Salary in Oregon
Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
Required Education To Become an Applied Economics Professor in Oregon
To become an Applied Economics Professor, you must fulfill specific educational qualifications and training requirements:
Bachelor's Degree: Start with a bachelor's degree in Economics or a related field. Programs that focus on Applied Economics, Econometrics and Quantitative Economics, or Economic Policy Analysis are ideal, as they provide foundational knowledge required for advanced study.
Master's Degree: Obtain a master's degree in Applied Economics or a closely related discipline. Coursework typically includes advanced economic theory, quantitative methods, and research techniques specific to the field.
Doctoral Degree (Ph.D.): Achieve a Ph.D. in Economics or Applied Economics. Your doctoral studies will involve extensive research, writing a dissertation, and completing courses in specialized areas such as Econometrics and Quantitative Economics, and Economic Policy Analysis.
Research and Teaching Experience: While not a formal requirement, engaging in research projects and gaining teaching experience during your graduate studies is highly beneficial. This can be achieved through teaching assistantships or research assistant positions.
By following this educational path, you will be well-prepared to pursue a career as an Applied Economics Professor.
Best Schools to become a Applied Economics Professor near Oregon 2024
University of California-Davis
University of California-Berkeley
Utah State University
- Teach courses in economics.
- Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Applied Economics Professor Required Skills and Competencies in Oregon
Analytical Skills: You must be adept at analyzing complex data sets, identifying trends, and drawing meaningful conclusions that contribute to your field of expertise in applied economics.
Quantitative Skills: Proficiency in statistical methods and econometrics is essential for conducting research, evaluating economic models, and interpreting quantitative data effectively.
Research Skills: You should be capable of designing rigorous research projects, utilizing various methodologies, and synthesizing findings to contribute to both academic literature and practical applications.
Communication Skills: Strong written and verbal communication abilities are necessary. You should effectively translate complex economic concepts into understandable terms for students, colleagues, and the broader community.
Teaching Skills: Experience and competence in instructional methodologies are important. You should be able to engage students, foster critical thinking, and facilitate discussions around economic theories and applications.
Interpersonal Skills: Building relationships with students, faculty, and industry professionals is vital. You should exhibit the ability to collaborate effectively and provide mentorship.
Technical Proficiency: Familiarity with econometric software (e.g., STATA, R, or SAS) and data visualization tools will enhance your ability to analyze data and present findings clearly.
Critical Thinking: You should possess strong problem-solving capabilities, enabling you to evaluate issues in economics critically and propose innovative solutions.
Project Management Skills: Being organized and able to manage multiple projects or responsibilities simultaneously is important, especially when balancing research, teaching, and administrative tasks.
Adaptability: The economic landscape is constantly evolving. You should be willing to adapt your teaching styles, research focus, and engagement strategies to align with current trends and societal needs.
Ethical Judgment: A strong understanding of ethical standards in research and academic integrity is essential in maintaining credibility within the field of applied economics.
Job Duties for Applied Economics Professors
Conduct research in a particular field of knowledge and publish findings in professional journals, books, or electronic media.
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.
Analytical or scientific software
- Minitab
- The MathWorks MATLAB
Computer based training software
- Learning management system LMS
- Moodle
Word processing software
- Google Docs
- Microsoft Word
Basic Skills
- Listening to others, not interrupting, and asking good questions
- Talking to others
People and Technology Systems
- Measuring how well a system is working and how to improve it
- Thinking about the pros and cons of different options and picking the best one
Problem Solving
- Noticing a problem and figuring out the best way to solve it
Job Market and Opportunities for Applied Economics Professor in Oregon
The job market for Applied Economics Professors in Oregon reflects a growing interest in economics as a field of study, driven by the increasing recognition of data-driven decision-making in various sectors. The following points outline the current demand, growth potential, and geographical hotspots within the state:
Demand for Economists: There has been a steady increase in the demand for economists, particularly in applied economics. Many educational institutions and research organizations seek qualified professionals who can contribute to understanding economic phenomena and policy formulation.
Growth Potential:
- The trend towards interdisciplinary research in social sciences and public policy enhances opportunities for Applied Economics Professors.
- There is probable growth in online and distance-learning programs, which may broaden the scope for applied economics faculty roles.
- With the emphasis on data analysis and its application in real-world scenarios, applied economists may find avenues in consulting and advisory roles alongside traditional academic positions.
Geographical Hotspots:
- Portland: Home to several major universities and colleges, such as Portland State University and the University of Portland, Portland is a central hub for higher education in the state. The vibrant urban environment supports a diverse academic community.
- Eugene: The University of Oregon in Eugene offers numerous opportunities for applied economists engaged in teaching and research, leveraging the local economy's innovative trends.
- Corvallis: Oregon State University, located in Corvallis, also has a strong economics program, focusing on applied research that can have tangible impacts on local and regional economic issues.
- Bend: As education programs expand in Central Oregon, there may be emerging opportunities in applied economics positions linked to regional economic development and sustainability initiatives.
Understanding the dynamics of the job market for Applied Economics Professors in Oregon can help you strategically align your career pursuits with current trends and institutional needs.
Top Related Careers to Applied Economics Professor 2024
Additional Resources To Help You Become an Applied Economics Professor in Oregon
American Economic Association (AEA)
- AEA offers a wealth of resources related to economics research, education, and professional development.
- Website: www.aeaweb.org
National Association of Business Economists (NABE)
- NABE provides valuable networking opportunities, professional development, and resources for economists in the field.
- Website: www.nabe.com
Oregon Economic Forum
- Engage with local economic analysis, forecasts, and discussions specific to Oregon's economic landscape.
- Website: www.pdx.edu/econ/oregon-economic-forum
Council on Economic Education (CEE)
- This organization focuses on improving economic education and provides various teaching resources.
- Website: www.councilforeconed.org
Chronicle of Higher Education
- Keep current on trends, policies, and discussions affecting higher education and career opportunities in academia.
- Website: www.chronicle.com
Academics of the American Economic Association
- Access academic resources, journals, and professional development opportunities for economists in academia.
- Website: www.aeaweb.org/academics
ResearchGate
- A network where you can share research, collaborate, and access publications relevant to applied economics.
- Website: www.researchgate.net
Google Scholar
- Utilize this search engine for scholarly literature to find research papers, theses, and books in economics.
- Website: scholar.google.com
EconLit
- A comprehensive database for economics literature that provides access to journals and working papers.
- Website: www.aeaweb.org/econlit
Higher Education Research Institute (HERI)
- Explore research focused on higher education trends, teaching practices, and faculty development.
- Website: www.heri.ucla.edu
Utilizing these resources can enhance your understanding and engagement in the field of applied economics, providing crucial information for your career development as a professor.
Frequently Asked Questions (FAQs) About Applied Economics Professor in Oregon
What qualifications do I need to become an Applied Economics Professor?
To become an Applied Economics Professor, you typically need a Ph.D. in Economics or a closely related field. A strong academic background, research experience, and publications in reputable journals are also important.What skills are essential for an Applied Economics Professor?
Key skills include analytical and critical thinking, proficiency in statistical software, strong communication abilities for both teaching and research purposes, and expertise in quantitative methods and economic theory.What are the typical job responsibilities of an Applied Economics Professor?
Responsibilities often include teaching undergraduate and graduate courses, conducting research, mentoring students, publishing research findings, serving on academic committees, and participating in community outreach or professional organizations.Where can I find job opportunities as an Applied Economics Professor in Oregon?
Job openings can be found at universities and colleges in Oregon, through academic job boards, professional organizations in economics, and networking with colleagues in the field.What is the job outlook for Applied Economics Professors?
The job outlook for higher education faculty positions, including Applied Economics Professors, is generally stable. However, competition can be strong, especially for positions at well-regarded institutions.What is the typical salary for an Applied Economics Professor in Oregon?
Salaries for Applied Economics Professors vary based on experience, institution type, and geographic location. As of recent data, salaries can range from $70,000 to over $120,000 annually, with potential for additional income through research grants and consulting.Do Applied Economics Professors need to conduct research?
Yes, conducting research is a significant part of the role. Professors are often expected to contribute original research to the field, publish in peer-reviewed journals, and sometimes secure funding for research projects.What types of courses do Applied Economics Professors typically teach?
Courses may include microeconomics, macroeconomics, econometrics, public economics, labor economics, and specialized topics within applied economics. The specific course offerings can vary by institution.Can I pursue a career as an Applied Economics Professor part-time?
Some institutions offer part-time positions or adjunct faculty roles. However, these positions may provide limited benefits and lower pay compared to full-time professorships.What are the potential career advancement opportunities for an Applied Economics Professor?
Career advancement may include moving from assistant professor to associate professor and eventually to full professor. Opportunities for leadership roles in academic departments or administrative positions within universities may also arise.