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$5.2M In active external funding to Department faculty and Department centers

#6 Among public universities in business economics

$82,895 Average Starting Salary

The Department of Economics is committed to providing students, at both the graduate and undergraduate level, the opportunity to develop the skills to critically analyze economic data, to better understand and evaluate policies in both the private and public sectors, and to contribute more broadly to the betterment of society, both locally and globally.

Faculty are actively engaged in quantitative research that help better the understanding of the operation of the economy. That research includes the impact of government tax, transfer, trade and regulatory policies on economic development and well-being at the individual, household, firm, and macroeconomic levels.

The Department of Economics houses the Center for Business and Economic Research (CBER), an applied economic research center focused on providing economic analysis and information to Kentucky’s decision makers, the Center for Poverty Research (UKCPR), a federally-funded cross-disciplinary center providing research to inform evidence-based policy on poverty and inequality in the United States and the Kentucky Research Data Center (KRDC), which serves to expand the data infrastructure available to qualified scholars and students with approved projects by providing access to restricted individual and firm-level data from participating federal statistical agencies. The department is affiliated with the Institute for the Study of Free Enterprise (ISFE), which is dedicated to understanding the role that markets play in the economy and in society.

Economics News

36th Economic Outlook Conference. February 11th, 2025. 8:30 am - 12:00 pm. Central Bank Center. Central Bank, Commerce Lexington, Gatton College of Business and Economics

36th Economic Outlook Conference to be held in February

Join us for the 36th annual Economic Outlook Conference, where experts from Gatton College of Business and Economics, Bluegrass REALTORS, and the Federal Reserve Bank of Cleveland, will discuss the economic trends shaping our world.

The UK Excel Team posing with their third place award in Las Vegas. From left to right: Andrew Durant, Colin Albrecht, and Joseph Delgado

Gatton Excel team ranks No. 3 in the world following competition success

The University of Kentucky Gatton College of Business and Economics Excel team has achieved remarkable success, culminating in a #3 world ranking in the Microsoft World Excel Collegiate Competition.

Eleanor Krause Receives Competitive Early Career Grant from the Washington Center for Equitable Growth.

Eleanor Krause received a competitive Early Career Grant from the Washington Center for Equitable Growth (WCEG). According to the WCEG, these grants are "targeted at those early in their careers whose research is policy-relevant and can inform how policymakers can take action to create more stable, broadly shared U.S.

Carlos Lamarche Paper Accepted and Published

Carlos Lamarche's paper titled "Quantiles of the Gain Distribution of an Early Childhood Intervention" has been accepted and published online by the Journal of Applied Econometrics. This paper is a joint effort with Erich Battistin and Ebruci Rettore. Read the paper here.