Economics Teachers, Postsecondary

Adjunct Professor
Assistant Professor
Associate Professor
Economics Instructor
Economics Lecturer
Economics Professor
Finance Professor
Instructor
Lecturer
Professor

What is a Economics Teachers, Postsecondary?

Economics Teachers, Postsecondary, are educators who specialize in teaching various aspects of economics at colleges and universities. Their primary focus is on imparting knowledge related to economic theory, microeconomics, macroeconomics, international economics, and applied economics. These professionals design and deliver coursework that challenges students to analyze economic systems, understand market dynamics, and evaluate the effects of economic policies.

In addition to teaching, Postsecondary Economics Teachers engage in research and scholarly activities, contributing to the advancement of economic knowledge and academic literature. They may publish articles, present findings at conferences, and involve themselves in collaborative research projects. Many also mentor students, guiding them in academic pursuits and professional development.

Economics Teachers play a vital role in shaping the understanding of economic concepts among future leaders, policymakers, and business professionals. They often utilize a variety of instructional methods, including lectures, discussions, case studies, and simulations, to enhance students' practical understanding of economics. Their work not only fosters critical thinking but also equips students with the analytical tools necessary to tackle real-world economic issues.

Career Assessment
Job Outlook

Projected salary and job growth

$58060.0 - $221170.0

New job opportunities are likely in the future. : Average

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Assessment

Related assessments and tests

No assessment available.

Career Assessment

Tasks

  • 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.

Technology Skills

Knowledge

  • 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.

2 Active Jobs in South Africa
Avg Salary: R40,577pm
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Industry Analysis: Achieving Work-Life Balance for Postsecondary Economics Teachers in South Africa

Executive Summary & Key Statistics

The landscape for postsecondary Economics educators in South Africa is currently defined by high stability but limited entry-point mobility. As academic institutions grapple with funding shifts and increased student enrolments, the pressure on faculty to maintain a balance between pedagogical excellence and research output has reached a critical juncture.

  • Active Job Openings: 2 (Current market snapshot)
  • Average Monthly Salary: R40,577 (Gross)
  • Primary Employment Hubs: Gauteng (Johannesburg/Pretoria) and the Western Cape (Cape Town/Stellenbosch)
  • Key Performance Indicators: DHET-accredited publications, student pass rates, and community engagement.

Market Trends and Patterns

The South African higher education sector is experiencing a "dual-pressure" trend. On one hand, there is a national drive to increase the number of PhD-qualified staff to improve university rankings and research subsidies. On the other hand, the massification of higher education means Economics lecturers often face massive first-year cohorts, sometimes exceeding 1,000 students across various campuses.

Data suggests that while the average salary of R40,577pm provides a comfortable middle-class lifestyle in many South African cities, it often requires lecturers to take on additional roles—such as external marking, private consulting, or summer school programmes—to offset the rising cost of living. This financial necessity often becomes the primary antagonist to a healthy work-life balance.

Common Challenges in the South African Context

Achieving equilibrium in this profession is rarely about working fewer hours; it is about managing the nature of those hours. South African Economics teachers face specific hurdles:

  • The "Publish or Perish" Culture: The Department of Higher Education and Training (DHET) provides subsidies based on research output. This creates a relentless cycle where lecturers must research during "holidays" to secure tenure or promotion.
  • Administrative Overload: From managing online learning systems like Brightspace or Canvas to navigating complex departmental bureaucracy, administrative tasks often consume up to 40% of a lecturer's week.
  • Socio-Economic Mentorship: Lecturers in South Africa often play an unrecognised role as pastoral caregivers, helping students navigate financial aid (NSFAS) issues and historical educational gaps, which adds significant emotional labour to the role.

Industry Norms and Coping Strategies

Despite the challenges, the academic calendar offers unique opportunities for recovery that corporate roles do not. The norm within South African universities is a shift toward "flexible residency," where lecturers are only required to be on campus for lectures and consultation hours.

Coping Strategies:

  • Batch Processing: Successful academics "block" their time—dedicating specific days to research and others exclusively to teaching and admin to avoid the cognitive drain of task-switching.
  • Collaborative Research: To meet publication quotas without burning out, many are forming research clusters, sharing the data collection and writing load with colleagues across different institutions like Wits, UCT, or UP.
  • Digital Automation: Leveraging automated grading for multiple-choice assessments in macroeconomics and microeconomics modules to reclaim hours spent on manual marking.

Personal Stories: The Lecturer’s Reality

Consider the case of a mid-career lecturer at a university in KwaZulu-Natal. "During the semester, my life belongs to my students," she explains. "I realised that if I didn't set firm boundaries, I would be answering emails at 11:00 PM about elasticities and market structures. I had to organise my life so that my weekends remained sacrosanct, which meant being twice as disciplined between 8:00 AM and 5:00 PM."

Another junior lecturer in Johannesburg notes that the R40,577 salary was a significant step up from his scholarship days, but the workload was a shock. "The secret was learning to say 'no' to departmental committees that didn't align with my career path. You have to protect your time because no one else will do it for you."

Market Insights: Is the Balance Attainable?

With only 2 active job openings currently listed, the market is exceptionally competitive. This scarcity means that those in these roles often feel they cannot complain about workload for fear of being seen as "unproductive." However, the long-term trend shows that institutions are beginning to value "holistic wellness" to prevent faculty burnout, which is costly to the university's reputation and stability.

Actionable Recommendations

To thrive as an Economics Teacher in the postsecondary space, consider these practical steps:

  1. Audit Your Time: For one week, track every hour. You will likely find that "admin creep" is stealing your research time.
  2. Leverage Sabbaticals: Plan your research output around the South African sabbatical cycle. Use these periods for deep work, not for catching up on admin.
  3. Set Digital Boundaries: Include your "online hours" in your module outlines. Explicitly state that emails will not be answered after 5:00 PM or over weekends.
  4. Focus on High-Impact Research: Prioritise journals that offer the best "effort-to-subsidy" ratio to satisfy DHET requirements with fewer, higher-quality papers.

Take the Next Step in Your Academic Career

Are you navigating the complexities of the South African academic market? Whether you are looking to enter the field or move up the faculty ladder, understanding your professional standing is vital.

Complete our comprehensive Career Assessment today to gain personalised insights into your market value and work-life compatibility.


Skills

  • Speaking

    Talking to others to convey information effectively.

  • 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.

  • Instructing

    Teaching others how to do something.

  • Reading Comprehension

    Understanding written sentences and paragraphs in work-related documents.

  • Writing

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

Abilities

  • Oral Expression

    The ability to communicate information and ideas in speaking so others will understand.

  • Oral Comprehension

    The ability to listen to and understand information and ideas presented through spoken words and sentences.

  • Speech Clarity

    The ability to speak clearly so others can understand you.

  • Written Comprehension

    The ability to read and understand information and ideas presented in writing.

  • Written Expression

    The ability to communicate information and ideas in writing so others will understand.

Education

How much education does a new hire need to perform a job in this occupation?

  • Doctoral degree
    81 %
  • Post-master's certificate
    10 %

    Awarded for completion of an organized program of study; designed for people who have completed a Master's degree, but do not meet the requirements of academic degrees at the doctoral level

  • Master's degree
    7 %

Work Activities

  • Getting Information

    Observing, receiving, and otherwise obtaining information from all relevant sources.

  • Training and Teaching Others

    Identifying the educational needs of others, developing formal educational or training programs or classes, and teaching or instructing others.

  • Updating and Using Relevant Knowledge

    Keeping up-to-date technically and applying new knowledge to your job.

  • Thinking Creatively

    Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.

  • Identifying Objects, Actions, and Events

    Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.

Detailed Work Activities

  • Teach social science courses at the college level.
  • Develop instructional materials.
  • Research topics in area of expertise.
  • Write articles, books or other original materials in area of expertise.
  • Attend training sessions or professional meetings to develop or maintain professional knowledge.

Work Interests

  • Social

    Work involves helping, teaching, advising, assisting, or providing service to others. Social occupations are often associated with social, health care, personal service, teaching/education, or religious activities.

  • Investigative

    Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the fields of humanities, mathematics/statistics, information technology, or health care service.

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This page incorporates data from O_NET OnLine, courtesy of the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), under the CC BY 4.0 license. O_NET is a registered trademark of USDOL/ETA. Assessify has adapted and modified the original content. Please note that USDOL/ETA has neither reviewed nor endorsed these changes.