Purchase Solution

Teaching loads and professors' salaries

Not what you're looking for?

Ask Custom Question

At some colleges and universities, economics professors receive higher salaries than professors in some other fields.
a. Why might this be true?
b. Some other colleges and universities have a policy of paying equal salaries to professors in all fields. At some of these schools, economics professors have lighter teaching loads than professors in some other fields. What role do the differences in teaching loads play?

Purchase this Solution
Solution Summary

Causes for higher salaries for economics professors; how teaching loads vary with equal salary policies.

Solution Preview

a. When there is a premium for a service, it implies that there is a limited supply, or a greater demand, for that particular service. In the case of economics professors, their higher ...

Purchase this Solution
Free BrainMass Quizzes
Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

View More Free Quizzes
Related BrainMass Solutions

  • Differences in Faculty Compensation

    Criteria include performance in teaching students, advising students, doing research, informal education (extension), faculty services, and counselling.

  • nursing instructional staff

    Some universities are more competitive in both tenured ranks based on higher and post graduate certifications as well as specializations of nursing instructors/ professors, which qualified nurses must have attained and consequently their salaries will

  • Salary equity study of faculty at a certain university

    . #1 in a salary equity study of faculty at a certain university, the salaries of 50 male assistant professors showed a sample mean of $36,400 with a sample standard deviation of 360, whereas the salaries of 50 female assistant professors chosen independently

  • Professor Salaries

    252302 Professor Salaries At many colleges and universities, business professors receive higher salaries than professors in others fields. Why might this be the case? Use the Internet and the readings to answer this question and provide examples.

  • Teaching Assignment: Hungarian method

    Find best assignment of professors to courses to maximize the overall teaching rating. See attached file Detailed explanation in excel format.

  • Regression Analysis of Professor Salaries

    IN particular, do universities pay (relatively) high salaries to both assistant and full professors, or are full professors treated much better than assistant professors?

  • Normal Probability & t Distribution

    Question #3 / 5 According to a recent survey, the salaries of assistant professors have a mean of $ and a standard deviation of $ .

  • Performance management of Employees

    Rather, Assistant Professors, Associate Professors, and Full Professors all seem to be lumped together into one grade, if indeed, any grades exist at all.

  • Write survey questions for my topic: Professors effectivenes

    432736 Write survey questions for my topic: Professors effectiveness in teaching classes Write a 10- to 13-question survey to collect primary data regarding your selected problem statement.

View More Related Solutions