Apply for Job Job ID372995 LocationTwin Cities Job FamilyAcademic Full/Part TimeFull-Time Regular/TemporaryRegular Job Code9402 Employee ClassInstr Fac/TC and Coord Cmp Add to Favorite Jobs Email this Job About the Job Associate Professor or Full Professor of Applied Economics and Minnesota State Economist. Located in the Department of Applied Economics, Twin Cities Campus, University of Minnesota and in Minnesota Management and Budget, St. Paul, Minnesota. This is a tenured faculty position. We are seeking one candidate for this role, which is cross-posted as both a Tenured Faculty and a Contract Faculty position, serving as Minnesota State Economist. Rank and appointment @type are flexible and will be based on the successful candidate's experience. BACKGROUND Minnesota Management and Budget (MMB) is the state agency responsible for managing the state's financial and human resources. Within MMB, the State Economist oversees the work products of the Economic Analysis Team. The State Economist in collaboration with this team produces the state's twice-yearly economic and revenue forecasts. The State Economist and the team forecast the major sources of general fund tax revenue-the income, sales, and corporate taxes-among others. These forecasts set the baseline for the state's biennial budget decision making and provide estimates for the adjustments necessary to keep the budget in balance. In addition, the team publishes fifteen statutorily mandated reports each year. The State Economist briefs the governor, legislators, the media, and the state's bond rating agencies on the economic and revenue forecasts and serves as MMB's spokesperson on Minnesota's economy. KEY RESPONSIBILITIES University Teaching - Applied Economics (APEC) (10%) Teach one, half-semester-length course (or the equivalent) yearly in the Department of Applied Economics, as assigned by the Department Head. The extent of teaching load is negotiable and can vary over time as conditions warrant. Applied Research (15%) Develop a nationally or internationally recognized research program related to applied economics. This includes publishing articles in leading peer-reviewed journals, obtaining research grants, and advising graduate and undergraduate research. Minnesota State Economist (75%) Fulfill the duties of the State Economist as listed in the governing contract between the University and MMB. These include, but are not limited to: Oversee the production of the state's twice-yearly economic and revenue forecasts. In collaboration with Economic Analysis staff, forecast state economic variables and revenues from the individual income, sales, corporate income, and other taxes. With State Economic Analysis staff, write and edit the economy and revenue sections of the Budget and Economic Forecast report and presentation. Brief government officials, the media, and others on the economic and revenue forecasts. Provide leadership and vision for the Economic Analysis Team in collaboration with the director of the state team. Provide the scholarly base for, and be responsible for the quality of, the team's models, forecasts, analyses, reports, and presentations. Oversee the production of statutorily mandated reports, including monthly reports on state tax receipts and quarterly revenue and economic updates. Serve as the economic spokesperson for MMB and state government by making public speaking engagements and engaging with the media upon request. The incumbent is an employee of the University of Minnesota (entitled to its benefits and subject to its rules). The department head evaluates the incumbent's performance in collaboration with the Commissioner or Commissioner Designee of Minnesota Management and Budget. This position is not eligible for H-1B visa sponsorship or Green Card sponsorship. In the event the selected candidate for this position cannot fulfill the obligations as State Economist, and if the individual is a tenured faculty member at the Universityof Minnesota, the position will convert to a 100%, 9-month faculty position in Applied Economics with an expectation of a 50% research and 50% teaching position subject to final approval of position expectations within those parameters by the Head of Applied Economics. STARTING DATE Jul 1, 2026 or thereafter, negotiable Qualifications Required Qualifications Ph.D. in economics, applied economics, or closely related field. At least 10 years of relevant work experience. Evidence of high quality written and oral communication skills for professional and non-professional audiences. Excellent organizational, analytical, and management skills. Research experience in economics, applied economics, or related fields. Preferred Qualifications Evidence of high-quality research and of potential for publication in peer-reviewed field journals and general interest journals in economics. Experience in economic and/or tax revenue forecasting. Rigorous training in public finance, public economics, or tax policy. Research experience in public finance, public economics, tax policy, or tax revenue forecasting. Demonstrated effectiveness in teaching at the undergraduate or graduate levels. Demonstrated effectiveness in mentoring and advising graduate students. Demonstrated effectiveness in communicating with audiences without an economics background. Previous appointment as a tenured faculty member in an economics or related academic field Evidence of strong commitment to the University's goal of creating a positive and inclusive campus climate by advancing inclusive excellence. * Experience securing or working on extramurally funded research. About the Department The incumbent for this position will serve as Minnesota's State Economist and fulfill the duties of the State Economist as described in a contract between the University of Minnesota and Minnesota Management and Budget. The incumbent will also be a faculty member in the Department of Applied Economics and contribute to the teaching, research, and outreach missions of the Department of Applied Economics in the College of Food, Agricultural, and Natural Resource Sciences as described in the key responsibilities. Pay and Benefits Pay Range: Associate Professor (364033): $175,000-$190,000 Professor (364034): $190,000-$205,000; depending on education/qualifications/experience Time Appointment: 100% Appointment Position Type: Faculty and P&A Staff Please visit the Office of Human Resources website for more information regarding benefit eligibility. The University offers a comprehensive benefits package that includes: Competitive wages, paid holidays, and generous time off Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit Program Low-cost medical, dental, and pharmacy plans Healthcare and dependent care flexible spending accounts University HSA contributions Disability and employer-paid life insurance Employee wellbeing program Excellent retirement plans with employer contribution Public Service Loan Forgiveness (PSLF)... For full info follow application link. The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds. The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U: http://diversity.umn.edu.
