Career

How To Become An Economic Theory Teacher In Kansas 2024

Learn everything you need to know about becoming an Economic Theory Teacher, including salary, schools, and programs.

Economic Theory Teacher in Kansas Career Overview

As an Economic Theory Teacher, you play a vital role in shaping the understanding of economic principles among students. Your expertise helps individuals grasp complex concepts that govern economic behavior and decision-making in both micro and macro contexts.

  • Job Role: You will engage students in the study of various economic theories, methodologies, and their implications. Through lectures, discussions, and assignments, you will guide learners in applying theoretical frameworks to real-world situations.

  • Influence in Academia: You contribute significantly to academic discourse by fostering critical thinking and analytical skills among your students. Your work encourages future economists, policy makers, and business leaders to explore and understand economic systems.

  • Research Opportunities: In addition to teaching, you may have the opportunity to conduct research, contribute to journals, and participate in conferences, further enhancing your field and providing practical insights for your students.

  • Collaboration: You often collaborate with other educators and professionals, which enriches the educational experience for your students and keeps you informed about the latest developments in the field of economics.

  • Community Impact: Your role extends beyond the classroom as you may engage in community outreach, providing workshops or seminars to enhance public understanding of economic issues.

Your position is central to fostering future leaders who will tackle economic challenges and contribute to societal well-being.

Best Schools to become a Economic Theory Teacher near Kansas 2024

University of Chicago

Chicago, IL

In-State Tuition:$61,179
Out-of-State Tuition:$61,179
Admission Rate:5%
Graduation Rate:96%
Total Enrollment:18,339

Economic Theory Teacher Salary in Kansas

Annual Median: $109,140
Hourly Median: N/A

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Required Education To Become an Economic Theory Teacher in Kansas

To become an Economic Theory Teacher, you will need to pursue specific educational qualifications. Here are the degree programs that are typically required:

  • Bachelor’s Degree in Economics: This foundational program will introduce you to the principles of economic theory, microeconomics, and macroeconomics. You'll also engage with basic statistical methods and economic modeling.

  • Bachelor’s Degree in Mathematical Economics: In this program, you'll study economic concepts alongside advanced mathematics. This is beneficial for developing a strong analytical and quantitative background essential for teaching economic theory.

  • Bachelor’s Degree in Econometrics and Quantitative Economics: Focused on the application of statistical methods to economic data, this degree will provide you with comprehensive tools to analyze economic relationships and trends, which are vital for teaching advanced courses.

  • Bachelor’s Degree in Economics and Computer Science: This interdisciplinary approach combines economics with programming and data analysis skills, equipping you to teach digital applications in economic theory.

  • Bachelor’s Degree in Applied Economics: This program focuses on applying economic principles to real-world problems. It prepares you for teaching practical aspects of economic theory in various contexts.

Following your bachelor's degree, you may consider pursuing a graduate degree, such as a Master's or Ph.D. in Economics or a related field, to further enhance your understanding and teaching capabilities.

Best Schools to become a Economic Theory Teacher near Kansas 2024

University of Chicago

Chicago, IL

In-State Tuition:$61,179
Out-of-State Tuition:$61,179
Admission Rate:5%
Graduation Rate:96%
Total Enrollment:18,339
Economic Theory Teacher Job Description:
  • Teach courses in economics.
  • Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Economic Theory Teacher Required Skills and Competencies in Kansas

  • Analytical Skills: You must be able to interpret complex data and economic theories, breaking them down into understandable concepts for your students.

  • Communication Skills: Strong verbal and written communication skills are essential to convey ideas clearly and effectively, both in lectures and in written materials.

  • Instructional Skills: You should possess the ability to design and deliver engaging lessons that cater to various learning styles and keep students motivated.

  • Research Skills: Being adept at conducting research is necessary for staying current in the field of economic theory and for guiding students in their own research efforts.

  • Critical Thinking: Your ability to evaluate various economic models and theories critically will not only enhance your teaching but also encourage similar skills in your students.

  • Interpersonal Skills: Building strong relationships with students is key. You should be approachable and able to foster an inclusive and respectful classroom environment.

  • Organizational Skills: Effective lesson planning, grading, and managing various course materials require strong organizational abilities to ensure a smooth educational experience.

  • Technological Proficiency: Familiarity with educational technologies and online learning platforms is important for enhancing your teaching methods and engaging students effectively.

  • Adaptability: You must be able to adjust your teaching strategies based on the needs of your students and the evolving landscape of economic theory and education.

  • Passion for the Subject: A genuine enthusiasm for economic theory will inspire your students and foster a deeper interest in the material.

  • Assessment Skills: You should be proficient in creating and evaluating assessments that accurately measure student understanding and skills in economic theory.

Job Duties for Economic Theory Teachers

  • 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.

Technologies and Skills Used by Economic Theory Teachers

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 Economic Theory Teacher in Kansas

The job market for Economic Theory Teachers in Kansas presents both challenges and opportunities. As higher education institutions continue to adapt to changing economic conditions and technological advancements, there is a need for well-rounded educators who can deliver complex economic concepts effectively.

  • Demand: The demand for Economic Theory Teachers remains stable, driven primarily by the need for specialized educators in higher education. Colleges and universities are looking for candidates who can contribute to both undergraduate and graduate programs. Additionally, increased public interest in economics due to economic fluctuations has led to higher enrollment numbers in related courses.

  • Growth Potential: The growth potential for Economic Theory Teachers is moderate. While traditional educational institutions may not see rapid expansion, the rise of online learning platforms offers new avenues for teaching opportunities. This shift allows you to reach a wider range of students, potentially increasing demand for educators who can deliver content effectively in a digital format.

  • Geographical Hotspots: Certain areas in Kansas present more opportunities for Economic Theory Teachers, particularly those with a robust higher education presence. Key locations include:

    • Lawrence: Home to the University of Kansas, this city is a hub for economic study and research, providing multiple teaching opportunities.
    • Manhattan: Kansas State University attracts a significant student population, enabling demand for teachers in economics and related fields.
    • Wichita: As the largest city in Kansas, Wichita's institutions like Wichita State University have growing economics programs that require faculty.
    • Topeka: The state's capital, featuring several colleges and universities, contributes to the demand for economics education.

In summary, the job market for Economic Theory Teachers in Kansas is shaped by stable demand, moderate growth potential via online platforms, and concentrated opportunities in the state's key educational hubs.

Additional Resources To Help You Become an Economic Theory Teacher in Kansas

  • American Economic Association (AEA)

    • Description: A leading organization of economists in the United States, providing numerous resources for educators.
    • Website: www.aeaweb.org
  • National Council on Economic Education (NCEE)

    • Description: Offers resources for economics educators, including curriculum guides and teaching strategies.
    • Website: www.ncee.net
  • Council for Economic Education (CEE)

    • Description: Provides a wealth of materials for teaching economics and personal finance in the classroom.
    • Website: www.councilforeconed.org
  • Khan Academy - Economics and Finance

  • Economic Education Resources from the Federal Reserve

  • Thompson A. G. Education Foundation

    • Description: Offers resources and support for economic educators in developing effective teaching practices.
    • Website: www.tagfoundation.org
  • Teaching Resources from the National Association of Economic Educators (NAEE)

    • Description: Provides teaching resources tailored for economics educators, including workshops and conferences.
    • Website: www.naee.net
  • The Economist Education

    • Description: Educational resources and articles aimed at enhancing understanding of economic principles.
    • Website: www.economist.com/educators
  • Edutopia - Economics Education

    • Description: A platform that features articles and resources for educators, focusing on innovative approaches to teaching economics.
    • Website: www.edutopia.org
  • Journal of Economic Education

    • Description: A peer-reviewed academic journal dedicated to research and scholarship in the field of economic education.
    • Website: www.tandfonline.com/loi/vece20

Utilizing these resources will enhance your understanding and effectiveness as an Economic Theory Teacher in Kansas.

Frequently Asked Questions (FAQs) About Economic Theory Teacher in Kansas

  • What qualifications do I need to become an Economic Theory Teacher in Kansas?
    To teach Economic Theory, you typically need at least a master’s degree in economics or a related field. A doctoral degree may be preferred for university-level positions. Additionally, a teaching certificate may be required for K-12 positions, which involves completing an accredited teacher education program.

  • Is teaching Economic Theory in Kansas a stable career?
    Yes, teaching Economic Theory can be a stable career, particularly at the post-secondary level, where demand for educators in this field often continues to grow. Public K-12 education positions are also relatively stable, though they can be influenced by state funding and educational budgets.

  • What is the average salary for an Economic Theory Teacher in Kansas?
    Salaries for Economic Theory Teachers can vary based on factors such as the level of education you teach, your experience, and the institution you work for. In general, the average salary for high school teachers in Kansas is around $56,000 per year, while college and university educators can earn significantly more, often exceeding $80,000 annually, depending on their rank and tenure.

  • Are there opportunities for professional development in this field?
    Yes, many institutions encourage ongoing professional development. This may include attending conferences, participating in workshops, or pursuing further academic qualifications, which can enhance your teaching skills and keep you updated on current economic theories and practices.

  • What skills are essential for an Economic Theory Teacher?
    Essential skills include strong analytical abilities, effective communication, and the capability to present complex ideas in an understandable manner. Additionally, proficiency in data analysis and a strong command of relevant technological tools can be very beneficial.

  • Can I teach Economic Theory online?
    Yes, many educational institutions in Kansas offer online programs. As an Economic Theory Teacher, you can teach through online platforms, which may provide flexibility in terms of location and scheduling, allowing you to reach a broader student audience.

  • What are the job prospects for Economic Theory Teachers in Kansas?
    Job prospects can be favorable, particularly at community colleges and universities, where the demand for qualified instructors remains robust. K-12 positions may depend more on specific district needs and funding, but there is typically an ongoing need for qualified economics teachers.

  • How can I begin my career as an Economic Theory Teacher?
    Start by earning your degree in economics or a related field. Consider gaining experience through internships, tutoring, or teaching assistant positions. Additionally, obtaining a teaching credential will be essential if you plan to work in K-12 education. Networking with professionals in the field and joining relevant associations can also be helpful.

  • What is the work environment like for Economic Theory Teachers?
    The work environment varies by institution. In high schools, you will work within a collaborative team of teachers and staff and engage with students in a classroom setting. At the university level, you may have more independence in your teaching style and curriculum but also face research and publication expectations in addition to teaching.

  • What types of courses might I teach as an Economic Theory Teacher?
    As an Economic Theory Teacher, you could teach a range of courses, including microeconomics, macroeconomics, international economics, and specialized electives such as labor economics or environmental economics, depending on your area of expertise and the level of your students.