Placeholder image for Economics

Economics, Ph.D.

  • Application Deadline
  • 48 months
University rank #301 (ARWU) Lexington-Fayette, KY, United States
As a student in the Ph.D. in economics program, from University of Kentucky you will: study with faculty who are experts in their fields, work with bright and capable students and obtain a vast amount of knowledge of your field.
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The Ph.D. Economics program, from University of Kentucky is designed so that the motivated student can make steady progress toward the Ph.D. degree.The first year focuses on core theory: microeconomic theory, macroeconomic theory, mathematical methods and econometrics. Students demonstrate their proficiency in micro- and macroeconomics through comprehensive exams taken in June after their first year.

Second-year coursework completes core theory and begins advanced seminar courses in specific field areas: Macroeconomics, Industrial Organization, Public, Labor, International, or Environmental/Health. At this time, students begin exploring dissertation topics through classroom assignments. Students demonstrate mastery of their chosen field area by passing a comprehensive examination.

Third-year coursework completes classes in additional topic areas and begins independent study toward a dissertation. Students complete a research proposal, and defend the proposal through an oral examination. During the fourth and fifth years, students complete their dissertation research.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Advanced Microeconomic Theory
  • Macroeconomic Theory
  • Neoclassical Microeconomic Theory
  • Advanced Macroeconomic Theory
  • Research Methods and Procedures
  • Introduction to Econometrics
  • Environmental and Health Economics
  • Industrial Organization
  • International Economics
  • Labor Economics
  • Macroeconomics
  • Public Economics

English Language Requirements

  • Minimum required score:


    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120.

  • Minimum required score:


    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

  • Minimum required score:


    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks.

Academic Requirements

You need the following GPA score:

Required score: 3

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 3 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

General Requirements

  • Applicants apply to the Graduate School at the University of Kentucky. The Graduate School accepts online applications only. At the time of application, the Graduate School requires scanned copies of transcripts and self-reported GRE scores.
  • Department of Economics Materials Required for Application
  • The Economics Department also requires the following to be uploaded during the application process:
  • A resume
  • A one-to-two page personal essay about why you want to attend graduate school in economics
  • Two or three confidential letters of recommendation (you provide the contact information when you apply, and the letter writers will submit their letters directly)

Tuition Fee

  • International

    15112 USD/year
    Tuition Fee
    Based on the original amount of 15112 USD per year and a duration of 48 months.
  • National

    6363 USD/year
    Tuition Fee
    Based on the original amount of 6363 USD per year and a duration of 48 months.
  • In-State

    6363 USD/year
    Tuition Fee
    Based on the original amount of 6363 USD per year and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
  • Resident: $6,118.00
  • Non-Resident: $14,190.00

Living costs for Lexington-Fayette

  • 900 - 1400 USD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.


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