Gatton College of Business & Economics

Economics - MS & PhD

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The Department of Economics is committed to providing students with a strong grounding in economic theory and applied econometrics in order to develop and estimate models of economic behavior of individuals, firms, and governments.   NOTE:  The Economics Department  does not accept PhD/MS applications nor admit students for the Spring Term.  Our PhD and MS Programs begin with the Fall Term.  

Master's Program

The MS in Economics is designed to introduce students to graduate-level study in economics. The MS in Economics provides a strong foundation in microeconomics, macroeconomics, and econometrics, in addition to allowing students to pursue some electives in their fields of interest. The degree is often earned en passant to a Ph.D. in Economics or a related field; we do not typically admit students seeking a terminal master’s degree, although there may be exceptions (part-time students, international exchange students, or other special cases). If your ultimate goal is a Ph.D., you should apply directly to the Ph.D. program regardless of whether you already have a master’s degree.  

Doctoral Program

"As a student in our PhD in economics program, 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. Our PhD program is designed so that the motivated student can make steady progress toward the PhD degree." - Professor Carlos Lamarche, Director of Graduate Studies

Application Requirements

  • CV
  • Personal Statement
    • Up to 2 pages
  • GRE
  • Three letters of recommendation
  • Application Deadlines:
    • Fall: February 1

Applicants must meet the Graduate School admission requirements.


Dr. Carlos Lamarche

Director Graduate Studies

Gatton Professor of Economics

Gatton College of Business & Economics

223U Gatton

Lexington KY 40506