Since 1974, the AEA Summer Training Program and Scholarship Program have increased diversity in the field of economics by preparing talented undergraduates for doctoral programs in economics and related disciplines. AEASP is a prestigious program that enables students to develop and solidify technical skills in preparation for the rigors of graduate studies. As many as 20% of PhDs awarded to minorities in economics over the past 20 years are graduates of the program. All students receive 2 months of intensive training in microeconomics, math, econometrics, and research methods with leading faculty. At 3 credits per class, students have the opportunity to earn 12 college credits.