Caramel Pecan Cheesecake Pie

20 caramels
2 Tbsp. milk
1/2 cup chopped pecans
1 (9 inch) graham cracker pie shell
16 oz cream cheese, softened
1/2 cup sugar
1 1/2 tsp. vanilla extract
2 eggs

Unwrap caramels. Combine with milk in a saucepan. Heat until the caramels melt, stirring occasionally. Stir in pecans. Pour into pie shell. Beat cream cheese, sugar and vanilla in a mixing bowl until smooth. Add eggs and beat well. Spread over the caramel layer. Bake at 350 degrees for 40 min.