M.S. Economics/Pharm.D. Course of Study
The Existing M.S. in Economics and Pharm.D. Programs
Requirements for the Master of Science in Economics degree are:
- 1. A minimum of 30 hours of graduate course work.
- A. The student must satisfactorily complete the following courses:
- ECO 590 Introduction to Quantitative Economics I
- ECO 601 Advanced Microeconomic Theory
- ECO 602 Macroeconomic Theory
- ECO 603 Research Methods and Procedures
- ECO 703 Introduction to Econometrics I
- The student must also satisfactorily complete either:
- ECO 701 Neoclassical Microeconomic Theory or
- ECO 702 Advanced Macroeconomic Theory and a course in an elective area of the Ph.D. program.
- B. Courses taken outside of the Department of Economics must be approved by the Director of Graduate Studies to count toward the 30 hour requirement.
- 2. Success in a final examination.
- 3. Minimal average of grade B in all courses attempted for graduate credit after being admitted to Graduate School. Students obtaining six quality points below a B average will be dropped by the department.
Requirements for the Doctor of Pharmacy degree (Pharm.D.) are completion of a minimum of 158 semester credit hours of specified coursework, with a GPA of at least 2.0 out of a possible 4.0, and approval of the faculty. Pharmacy practice clerkships constitute 44 credit hours of the specified coursework; 8 credit hours are elective.
Dual Pharm.D./M.S. in Economics Program
The integrated program of study consists of the College of Pharmacy track and the Department of Economics track. The Economics track furthermore consists of foundation courses followed by M.S. courses. The foundation courses (six hours of intermediate economic theory, six hours of statistics, and six hours of calculus) may be taken at any accredited school as an undergraduate student or at the University of Kentucky during the first year of study in the pharmacy program. The courses should be finished no later than the summer between the first and second year of the Pharm.D. program. The foundation courses for the M.S. program must be completed prior to formal admittance to the M.S. program. Furthermore, all admission requirements for the Graduate School must be completed prior to formal admission into the M.S. program.
Pharm.D./M.S. students in good standing will begin their formal M.S. education during the second year of the Pharm.D. program. The core courses for the dual Pharm.D. / M.S. in Economics program are:
- ECO 590 (Introduction to Quantitative Economics I) (3 credit hours)
- ECO 601 (Advanced Microeconomic Theory) (3 credit hours)
- ECO 603 (Research Methods and Procedures) (3 credit hours)
- ECO 703 (Introduction to Econometrics) (3 credit hours)
- ECO 653 (Health Economics) (3 credit hours)
- ECO 797 (Research Problems in Economics) (6 credit hours)
- ECO ___ (An elective course from the Department of Economics)* (3 credit hours)
*With special permission from the Director of Graduate Studies in Economics, 3 additional credit hours of ECO 797 may replace the 3 credit hour Economics elective course.
Under the dual degree program, six hours of the M.S. program will be satisfied by pharmacy course work as approved by the Director of Graduate Studies in Economics.
In turn, the College of Pharmacy will grant up to 8 credit hours of elective credits toward the Pharm.D. based upon M.S. coursework.
The dual degree program is suitable for full-time students only. Students independently pursuing either the Pharm.D. or the M.S. in Economics who wish to enter the dual program must be accepted before the end of their second year of study in the Pharm.D. program, and before the end of their first year of study in the M.S. program.
An example program of study for dual degree students is:
- Year 1 = 38 credit hours of required Pharmacy courses
4 credit hours of Introductory Pharmacy Practice Clerkship
Total = 42 credit hours - Year 2 = 34 credit hours of required Pharmacy courses
6 hours of required M.S. courses (satisfies 4 credit hours of required pharmacy electives)
Total = 40 credit hours - Year 3 = 34 credit hours of required Pharmacy courses
6 hours of required M.S. courses (satisfies 4 credit hours of required pharmacy electives)
Total = 40 credit hours - Summer 3 = 16 credit hours of Pharmacy Practice Clerkship
- Year 4 = 12 hours of required M.S. courses
24 credit hours of Pharmacy Practice clerkship
Total = 36 credit hours