The University requires 72 semester hours of graduate credit for the Ph.D. degree. Assuming a normal academic load of nine or more hours per semester and no credit for previous graduate work, the usual time required to complete the degree is four years.
Students need not have an undergraduate degree in economics to enter and successfully complete the Ph.D. program, nor are foreign language studies required for the Ph.D. A master's degree is not a prerequisite for the Ph.D. diploma, but an M.A. in economics or an allied field may be earned concurrently with the doctoral degree. Students typically satisfy the requirements of the M.A. degree in economics with successful completion of the first two years of doctoral studies.