Microeconomics Professor

Teach university students about microeconomics.

Quick Stats

Salary Range
$41,000 – $153,000

Data from U.S. Department of Labor

What do Microeconomics Professors do?

As a Microeconomics Professor, you are an expert in the field of economics, with an emphasis on the study of the economy on a small scale. Buying and selling, supply and demand, household finances, and limited resources are all subjects that you study thoroughly, and teach your students. In addition to comprehending these subjects, as a Microeconomics Professor, you understand the language of economics, excel at math, and educate your students on these as well.

Your goal as a Microeconomics Professor is to teach people about small-scale economics. Most likely, you won’t be working as a Microeconomist in your free time, but your students will. So they need to gain a solid understanding of how local laws, taxations, supplies, and demands for products affect not only microeconomics but also the larger part of the economy, or macroeconomics. Once your students have learned the principles of microeconomics, their aim is to learn how to effectively maximize profits with limited resources.

Because you are a Professor first and foremost, there are certain jobs that come with the territory apart from the study of microeconomics. You participate in administrative work with your fellow Professors, attend meetings, and hold office hours. You’re also expected to write a certain amount of published journal entries, papers, and op-eds throughout the year. This pads your income, which you’ll probably need because, as a Microeconomics Professor, you don’t exactly receive a “macro” paycheck.

Should I be a Microeconomics Professor?

You should have a doctoral degree or higher and share these traits:
  • Outside the Box Thinker: Your creative brainpower gets a workout as you come up with innovative ideas.
  • Trustworthy: You are known for your personal integrity and honesty.
  • High Achiever: You love the challenge of tackling difficult work.

  • Also known as: Assistant Professor of Economics, Associate Professor of Economics, Econometrics Professor, Economics Professor See More

    How to become a Microeconomics Professor

    Most Microeconomics Professors have a Doctorate. Start by getting your Bachelor's degree. Chart?chd=s:aaaab9&chl=||||master%27s+%2831%25%29|doctorate+%2869%25%29&cht=p3&chs=466x180&chxr=0,0,69
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