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Academic > Faculty of Social Sciences > Economics

Programs Offered

  • BS Economics
  • MSc Economics
  • M. Phil Economics
  • PhD Economics

BS Economics

Program objectives

  • To equip the students with appropriate conceptual and analytical tools for deep understanding of economic, social, and political problems of the economy
  • To develop critical and evaluative thinking in students to find the solutions of socio-economic and socio-political problems
  • To provide opportunities for the development and application of these tools by undertaking research and community work in the field.
  • To provide the students practical knowledge of econometric techniques by using the computer packages like E-Views and SPSS.
  • To establish a culture of analytical processing through group discussion, discussion forums, seminars and workshops to capacitate students to express the economic issues in well-bred and technical manners.
  • To equip the students with modern technological skills for professional development, research and management.
  • To equip the graduates with the training required to enter Research Program in Economics or to work as economists in public or private-sector organizations.

Eligibility

At least 45% marks in intermediate or equivalent (applicant is required to have studied at least one of the courses  Mathematics or Economics or Statistics)

Scheme of Studies

Semester 1
Code Name of the Subject Cr. Hrs.
ECO-102 Principles of Microeconomics 3
ENG-101 English-I 3
ISL-100 Islamic Studies 2
IT-101 Introduction to Computer Applications 3
MATH200 Mathematics 1 3
General I1 3
Total 17
Semester 2
Code Name of the Subject Cr. Hrs.
ECO-103 Principles of Macroeconomics 3
ENG-102 English-II 3
PKS-101 Pakistan Studies 2
IT-102 Fundamentals of Information Systems 3
General II 3
General III 3
Total 17
Semester 3
Code Name of the Subject Cr. Hrs.
ENG-201 English-III 3
ECO-201 Intermediate Microeconomics 3
ECO-202 Statistics 1 3
ECO-206 Development Economics 3
General IV 3
General V 3
Total 18
Semester 4
Code Name of the Subject Cr. Hrs.
HIST101 History101
ECO-204 Intermediate Macroeconomics 3
ECO-207 World Economic History 3
ECO-208 Statistics 2 3
General VI 3
General VII 3
Total 15
Semester 5
Code Name of the Subject Cr. Hrs.
ECO-303 Mathematical Economics-I 3
ECO-305 Microeconomic Analysis 3
ECO-306 Macroeconomic Analysis 3
ECO-307 International Trade Theory 3
ECO-308 Pakistan Economy 3
Optional 3
Optional 3
Total 18
Semester 6
Code Name of the Subject Cr. Hrs.
ECO-309 Econometrics-I 3
ECO-310 Mathematical Economics- II 3
ECO-312 Economic Growth 3
Optional 3
Optional 3
Total 15
Semester 7
Code Name of the Subject Cr. Hrs.
ECO-401 Econometrics-II 3
ECO-402 Research Methodology 3
ECO407 Public Sector Economics 3
Optional 3
Optional 3
Optional 3
Total 18
Semester 8
Code Name of the Subject Cr. Hrs.
ECO-403 Monetary Economics 3
ECO-406 Islamic Economics 3
ECO-408 Entrepreneurial Economics 3
Optional 3
Total 12

MSc Program objectives

  • To equip the students with appropriate conceptual and analytical tools for deep understanding of economics, social, and political problems of the economy
  • To provide opportunities for the development and application of these tools by undertaking research and community work in the field.
  • To develop critical and evaluative thinking in students to find the solutions of socio-economic and socio-political problems
  • To provide the diversified knowledge of social disciplines which enable students to relate economic problems with social issues and vice-versa
  • To establish a culture of analytical processing through group discussion, discussion forums, seminars and workshops to capacitate students to express the economic issues in well-bred and technical manners.
  • To equip the students with modern technological skills for professional development, research and management. 
  • On completion of the course, graduates will possess knowledge and skills that will make them attractive to current and future employers.

Eligibility

  • At least 45% marks in BA/ BSc/B.Com (applicant is required to have studied Economics with 200 marks)

Scheme of Studies

Courses Offered in Year 1
Semester I Semester II
Course Code Course Title C.Hs. Course Code Course Title C.Hs.
ECO-331 Microeconomic Theory 3 ECO-335 Microeconomic Analysis 3
ECO-332 Macroeconomic Theory 3 ECO-336 Macroeconomic Analysis 3
ECO-333 Mathematical Economics-I 3 ECO-338 Pakistan Economy 3
ECO-334 Statistics for Economists 3 ECO-339 Econometrics-I 3
ECO-337 International Trade Theory 3 ECO-340 Mathematical Economics-II 3
ECO- 430 Development Economic Theory     3 ECO-342 Economic Growth 3
Courses Offered in Year 2
Semester III Semester IV
Course Code Course Title C.Hs. Course Code Course Title C.Hs.
ECO-431 Econometrics-II 3 ECO-433 Monetary Economics 3
ECO-432 Research Methodology 3 ECO-436 Islamic Economics 3
ECO-437 Public Sector Economics 3 ECO-438 Entrepreneurial Economics 3
Optional 3 Optional 3
Optional 3 Optional 3
Optional 3 Optional 3

M.Phil Program objectives

  • To equip the students with appropriate conceptual and analytical tools for deep understanding of economics, social and political problems of the economy.
  • To provide opportunities for the development and application of these tools by undertaking research and community work in the field.
  • To develop critical and evaluative thinking in students to find the solutions of socio-economic and socio-political problems.
  • To provide the diversified knowledge of social disciplines which enable students to relate economic problems with social issues and vice versa.
  • To establish a culture of analytical processing through group discussion, discussion forums, seminars and workshops to capacitate students to express the economic issues in well-bred and technical manners.
  • To equip the students with modern technological skills for professional development, research and management.  
  • To equip the graduates with the training required to enter Research Program in Economics or to work as economists in government or private-sector organizations.
  • The program focuses on the technical skills needed to undertake economics research and emphasizes active and problem-based learning to ensure mastery of the modern skills.
  • On completion of the course, graduates will possess knowledge and skills that will make them attractive to current and future employers.

Eligibility

  • At least 16 years of Education with terminal degree in Economics. ( The candidate shall have 45% marks in annual examination system or 2.5 CGPA in semester system examination in terminal degree)

Scheme of Studies

Semester 1
Course code Name of Course Credit Hours
   ECO-501 Research Methods in Social Sciences 3
ECO-505 Advanced Microeconomics 3
Optional-I 3
Optional-II 3
Semester 2
Course code Name of Course Credit Hours
ECO-502 Advanced Macroeconomics 3
ECO-504 Advanced Econometrics 3
ECO-514 Recent Approaches to Development Economics 3
Optional-III 3
Total (semester 1+2) 24
M. Phil Thesis
Course Code Name of Course Credit Hours
ECO-620 Thesis 06

PhD Economics

PhD Program objectives

  • To equip students with modern skills required by national and regional academic and policy making institutions.
  • To professionally train students and young faculty in research by teaching latest developments in the fields of economics along with providing practical exposure to research projects.
  • To provide rigorous training on theoretical and applied aspects of economics.

Eligibility

  • Applicant must have MPhil/MS Economics or equivalent degree (18years) with minimum CGPA 3.0/4.0 with research thesis.
  • Applicant must have passed NTS-GAT (Economics) with 60% accumulative score.
  • Applicant must submit research proposal along with admission application.
  • In service applicants are required to submit their applications through proper channel by submitting No Objection Certificate(NOC) from concerned organization.

Scheme of Studies

Semester 1
Course code Name of Course Credit Hours
   ECO-701 Topics in Microeconomics 3
ECO-702 Topics in Macroeconomics 3
ECO-703 Topics in Applied Econometrics I 3
Semester 2
Course code Name of Course Credit Hours
ECO-704 Topics in Applied Econometrics II 3
  Optional 1 3
Optional 2 3
Total (semester 1+2) 18
PhD Dissertation (Year 2 and 3)
Course code Name of Course Credit Hours
ECO-820 PhD Dissertation 12

Research Projects

Non-Income Determinants of Human Development in Pakistan

It is important to know non income determinants of access to education and health. Pakistani society is facing high level of deprivation in access to health, education, better land to live, drinking water and proper sanitation facilities. There are many non-income factors those may determine level of human development. So the focus of this project was to investigate those non-income factors which are affecting access to education and health in case of Pakistan. Non-income factors have covered socio-cultural, political, institutional, religious, geographic, gender, infrastructural, and regional factors along with their sub factors.

An Assessment of Skill Gap Among University Graduates for Employability and Performance in Industries Situated in Gujrat- Sialkot - Gujranwala Industrial Cluster

The purpose of this study was to find three types of gaps: skill gap, perception gap and employability gap based on surveys conducted among 100 industrial employers and 151 final year students from 6 universities and postgraduate colleges in the Gujrat-Sialkot-Gujranwala industrial cluster. Employers on average were found not entirely satisfied with the performance of fresh graduates. Students were not entirely satisfied with the curricula and teaching methodologies followed in higher educational institutions. To overcome missing industry-university-policy making linkage in Pakistan, we recommended suggestions.

Impact Of Foreign Remittances On Households Poverty In Pakistan: Evidence From Micro Data

This primary objective of the research project was to evaluate the impact of foreign remittances on household incomes and poverty using household data in Pakistan. In this project, the effect of receiving remittances on the probability of being in a situation of poverty was estimated through three alternative methods. The impact assessment results concluded that keeping other factors constant, remittances increase the per capita income and reduce the poverty of the households not only at overall level but also the households from the rural and urban areas separately.