Program Objectives
The BS in Economics is a unique opportunity for students to undertake a comprehensive and wide-ranging study of social sciences and economics spread over 8 semesters in a period of 4 years. The degree is recognized by the Higher Education Commission of Pakistan. Students in this program have a number of career motivations such as pursuing jobs as a Businesses and Corporations consultants, Public Policy Analyst, Data Analyst, Economist in public sector institutions, Market Research Analyst, and a variety of other areas. The program instils among students the habit of enquiry and excitement for discovering a wide range of knowledge. Thus, equipping students for a lifetime of wise decision-making when faced with demanding and thought-provoking choices.
Eligibility for Admission
FA/FSc or Equivalent qualifications with at least second division, securing 45% marks in aggregate.
Qualifying the admission test and interview is compulsory. A candidate scoring less than 40% marks in the test and interview will stand disqualified for admission.
Candidates who have secured at least 40% in the Institute’s own test/NTS-NAT or any other test required by HEC are also eligible to apply.
The merit of a candidate shall be measured by a 50 % weightage to the marks obtained in HSSC or equivalent, 40 % to the marks obtained in the written test, and 10% to the marks obtained in the interview.
A candidate shall be given a special credit of thirty marks for admission in each program mentioned above if he/she has studied Economics / Psychology / Computers / English Advance and Home Economics at intermediate level or has done A level.
A candidate shall be given a special credit of sixty marks for admission in each program mentioned above if he/she has studied Economics/Psychology/Computers/ English Advance in combination with each other or in combination with Statistics at intermediate level or has done A level business studies.
The Hafiz e Quran shall be given a special credit of 20 marks.
The credit marks shall be added to the marks obtained at HSSC or equivalent, subject to fulfilment of basic eligibility criteria of 45% marks.
Degree Requirements
A student of BS in Economics is required to complete (130-136) credit hours of study. The normal duration for completion of BS Economics degree is with a single major is 8 semesters over a period of 4 years. The maximum duration for obtaining BS Economics degree shall be 7 years.
Semester Wise Breakup of Courses
Semester 1 | |||
Code | Course Title | Credit Hours | Category |
ECO 305 | Principles of Microeconomics | 3 | Major or Disciplinary |
ENG 301 | English (General) | 3 | GE-Expository Writing |
HSS 305 | Fundamentals of Islamic Studies | 2 | GE-Islamic Studies |
MTH 301 | Mathematics | 3 | GE-Quantitative Reasoning |
HSS 304 | Introduction to Sociology | 2 | GE-Social Sciences |
ICT 301 | Office Management Tools | 3 | GE-Applications of Information and Communication Technologies |
Semester 2 | |||
Code | Course Title | Credit Hours | Category |
ECO 306 | Principles of Macroeconomics | 3 | Major or Disciplinary |
ENG 302 | English (Functional) | 3 | GE-Functional English |
HSS 303 | Ideology and Constitution of Pakistan | 2 | GE-Ideology and Constitution of Pakistan |
HSS 401 | Civics and Community Engagement | 2 | GE-Civics and Community Engagement |
ACC 301 | Fundamentals of Accounting | 3 | Interdisciplinary |
NSC 301 | Science of climate change and its implications for development | 3 | GE-Natural Sciences |
Semester 3 | |||
Code | Course Title | Credit Hours | Category |
ECO 405 | Intermediate Microeconomics | 3 | Major or Disciplinary |
ECO 425 | Mathematical Economics – I | 3 | Major or Disciplinary |
ECO 556 | Public Sector Economics | 3 | Major or Disciplinary |
STA 402 | Descriptive Statistics | 3 | GE-Quantitative Reasoning |
ENI 301 | Entrepreneurship | 3 | GE-Entrepreneurship |
HSS 505 | Logic and Critical Thinking | 3 | Interdisciplinary |
Semester 4 | |||
Code | Course Title | Credit Hours | Category |
ECO 406 | Intermediate Macroeconomics | 3 | Major or Disciplinary |
ECO 435 | Mathematical Economics – II | 3 | Major or Disciplinary |
ECO 475 | Issues in Pakistan Economy | 3 | Major or Disciplinary |
POL 301 | Introduction to Political Science | 3 | Interdisciplinary |
STA 411 | Inferential Statistics | 3 | Major or Disciplinary |
XXX | Foreign Language (XXX) | 2 | GE-Arts and Humanities |
Semester 5 | |||
Code | Course Title | Credit Hours | Category |
ECO 551 | Microeconomic Analysis | 3 | Major or Disciplinary |
ECO 552 | Macroeconomic Analysis | 3 | Major or Disciplinary |
ECO 569 | Labor Economics | 3 | Major or Disciplinary |
STA 525 | Econometrics – I | 3 | Major or Disciplinary |
HSS 411 | Introduction to Philosophy | 3 | Interdisciplinary |
Semester 6 | |||
Code | Course Title | Credit Hours | Category |
ECO 505 | Monetary Economics | 3 | Major or Disciplinary |
ECO 531 | History of Economic Thoughts | 3 | Major or Disciplinary |
ECO 595 | Islamic Economics | 3 | Major or Disciplinary |
STA 526 | Econometrics – II | 3 | Major or Disciplinary |
HSS 415 | Fundamentals of Psychology | 3 | Interdisciplinary |
XXX | Elective-1 | 3 | Major or Disciplinary |
Semester 7 | |||
Code | Course Title | Credit Hours | Category |
ECO 601 | Development Economics | 3 | Major or Disciplinary |
ECO 661 | International Economics | 3 | Major or Disciplinary |
RES 501 | Research Methodology | 3 | Interdisciplinary |
XXX | Elective-2 | 3 | Major or Disciplinary |
RES 693 | Bachelor’s Internship/Fieldwork | 3 | Field Experience/Internship |
Semester 8 | |||
Code | Course Title | Credit Hours | Category |
XXX | Elective-3 | 3 | Major or Disciplinary |
ECO 671 | Managerial Economics | 3 | Major or Disciplinary |
XXX | Elective-4 | 3 | Major or Disciplinary |
XXX | Elective-5 | 3 | Major or Disciplinary |
RES 694 | Bachelor’s Capstone Project | 3 | Capstone Project |
Interdisciplinary Courses |
||
Code | Course Title | Credit Hours |
ACC 301 | Fundamentals of Accounting | Three (03) |
BUS 301 | Introduction to Business | Three (03) |
COM 501 | Professional Communication (Theory) | Three (03) |
COM 505 | Professional Communication (Applied) | Three (03) |
ENG 501 | English – (Literary Studies) | Three (03) |
HSS 311 | Fundamentals of Sociology | Three (03) |
HSS 315 | Introduction to History | Three (03) |
HSS 411 | Introduction to Philosophy | Three (03) |
HSS 415 | Fundamentals of Psychology | Three (03) |
HSS 501 | Philosophy of Education | Three (03) |
LAN 521 | Foreign Language (French) | Three (03) |
LAN 522 | Foreign Language (Chinese) | Three (03) |
LAN 523 | Foreign Language (German) | Three (03) |
LAN 524 | Foreign Language (Persian) | Three (03) |
LAW 401 | Introduction to Law | Three (03) |
MGT 301 | Principles of Management | Three (03) |
POL 301 | Introduction to Political Science | Three (03) |
POL 501 | International Relations | Three (03) |
HSS 505 |
Logic and Critical Thinking |
Three (03) |
Electives (Economics) |
||
Code | Course Title | Credit Hours |
ECO 445 | Agricultural Economics | Three (03) |
ECO 511 | Welfare Economics | Three (03) |
ECO 515 | Industrial Economics | Three (03) |
ECO 521 | Population Economics | Three (03) |
ECO 535 | Comparative Economic System | Three (03) |
ECO 541 | Environmental Economics | Three (03) |
ECO 545 | Resource Economics | Three (03) |
ECO 561 | Rural Development | Three (03) |
ECO 565 | Institutional Economics | Three (03) |
ECO 569 | Labor Economics | Three (03) |
ECO 571 | International Political Economy | Three (03) |
ECO 575 | Regional Economics | Three (03) |
ECO 605 | Poverty and Income Distribution | Three (03) |
ECO 611 | Urban Economics | Three (03) |
ECO 618 | Applied Economics | Three (03) |
ECO 621 | Health Economics | Three (03) |
ECO 625 | Experimental Economics | Three (03) |
ECO 635 | Behavioral Economics | Three (03) |
ECO 641 | Economics of Conflict | Three (03) |
ECO 651 | Monetary Policy | Three (03) |
ECO 655 | Fiscal Policy | Three (03) |
ECO 682 | Dynamic Macroeconomics | Three (03) |
ECO 685 | Game Theory | Three (03) |
FIN 511 | Financial Markets and Institutions | Three (03) |
DEV 605 | Fundamentals of Environment and Sustainable Development | Three (03) |
DEV 615 | Gender Studies | Three (03) |
HSS 575 | Introduction to Population Studies | Three (03) |