Home > Salary > South Africa > Economics Teacher
An economics teacher is responsible for instructing students in the principles, theories, and concepts of economics. They develop lesson plans, deliver lectures, facilitate discussions, and assess student understanding through assignments and exams. Economics teachers may cover a wide range of topics including microeconomics, macroeconomics, international economics, and economic policy. They use various teaching methods to engage students, such as case studies, group projects, and multimedia presentations. Additionally, they provide guidance and support to students, helping them develop critical thinking skills and apply economic principles to real-world situations. Strong communication and analytical skills are essential for an economics teacher to effectively convey complex economic concepts and theories. They must stay updated with current economic trends and research to provide relevant and accurate information to their students.
Estimated Yearly Salary: 128,115 ZAR
Estimated Monthly Salary: 10,676 ZAR
Estimated Weekly Salary: 2,464 ZAR per week
Estimated Hourly Salary: 62 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,347 ZAR
Estimated Weekly Salary: 2,388 ZAR per week
Estimated Hourly Salary: 60 ZAR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 6,413 USD
Estimated Monthly Salary: 534 USD
Estimated Weekly Salary: 123 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 128,115 ZAR
Estimated Monthly Salary: 10,676 ZAR
Estimated Weekly Salary: 2,464 ZAR per week
Estimated Hourly Salary: 62 ZAR per hour
By working as Economics Teacher a person can save up to 263 USD per month or 3,159 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Economics Teacher
Last revision of data: 2025-01-04
Data as of 2025
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Economics Teacher salary in South Africa
Average Yearly Salary of Economics Teacher in South Africa is approximately 128,115 ZAR (6,413 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Economics Teacher do?
An economics teacher is responsible for instructing students in the principles, theories, and concepts of economics. They develop lesson plans, deliver lectures, facilitate discussions, and assess student understanding through assignments and exams. Economics teachers may cover a wide range of topics including microeconomics, macroeconomics, international economics, and economic policy. They use various teaching methods to engage students, such as case studies, group projects, and multimedia presentations. Additionally, they provide guidance and support to students, helping them develop critical thinking skills and apply economic principles to real-world situations. Strong communication and analytical skills are essential for an economics teacher to effectively convey complex economic concepts and theories. They must stay updated with current economic trends and research to provide relevant and accurate information to their students.
Skills: economics, teaching, education, economics teacher, economics instruction, economic principles
Job industry: Education
Job industry: Education
How much does Economics Teacher make?
Salary details
How much does Economics Teacher make?Estimated Yearly Salary: 128,115 ZAR
Estimated Monthly Salary: 10,676 ZAR
Estimated Weekly Salary: 2,464 ZAR per week
Estimated Hourly Salary: 62 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 124,160 ZAREstimated Monthly Salary: 10,347 ZAR
Estimated Weekly Salary: 2,388 ZAR per week
Estimated Hourly Salary: 60 ZAR per hour
Last revision of data: 2024-01-07Economics Teacher estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,413 USD
Estimated Monthly Salary: 534 USD
Estimated Weekly Salary: 123 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Economics Teacher job salary compared to average salary in South Africa.
Comparison shows that a person working as Economics Teacher in South Africa earns on average:
1.01 times the average salary (or 101% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Economics Teacher job salary compared to average salary in South Africa.
Comparison shows that a person working as Economics Teacher in South Africa earns on average:
1.01 times the average salary (or 101% of average salary).
Is Economics Teacher a well paid job?
Yes, our data show that Economics Teacher is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Economics Teacher?
High salary for Economics Teacher would be somewhere between 140,927 ZAR and 185,767 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Economics Teacher in South Africa?
Living in South Africa the approximate monthly expenses are: 271 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 128,115 ZAR
Estimated Monthly Salary: 10,676 ZAR
Estimated Weekly Salary: 2,464 ZAR per week
Estimated Hourly Salary: 62 ZAR per hour
By working as Economics Teacher a person can save up to 263 USD per month or 3,159 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Economics Teacher
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in South Africa
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Data as of 2025Random salary:
Senior marketing data analyst (206,930 ZAR per year, pre-tax.)
International logistics coordinator (136,504 ZAR per year, pre-tax.)
Warehouse dock worker (84,195 ZAR per year, pre-tax.)
Finance officer (159,620 ZAR per year, pre-tax.)
Garment sorter (52,730 ZAR per year, pre-tax.)
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