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.