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MSc Applied Economics

Program Objectives

The MSc Applied Economics is a distinctive twoyear program imparting instruction and training to effectively address the need for economists in the both the public and financial sectors. The program design ensures instruction in core subjects in economics besides offering students a choice of specializations. Current specialization options are:

a) Finance
b) Development Economics

Note: Specialization option will depend on student interest and staff availability The program targets students seeking further education and enhanced training in economics and finance, in addition to acquiring the capability to conduct and evaluate research in aforementioned subjects. The program aims at ensuring that students acquire indepth subject knowledge and relevant skills to successfully pursue careers in a variety of sectors including NGOs, academics, consultancies, government, and the financial sector.

Degree Requirements

A student of MSc Applied Economics is required to complete 66 credit hours of study. In the final semester, students will be required to complete a major research project with 6 credit hours. The normal duration for completion of the MSc Applied Economics program will be 4 semesters, over a period of 2 years.

Eligibility for Admission

Candidates with BA, BSc, B.Com, BBA or equivalent qualification and having atleast second division, securing 45% marks in aggregate are eligible to apply. Qualifying the admission test and than 40% marks in test or interview will stand disqualified for admission.

Scheme of Courses MSc Applied Economics

No. of Semesters 04
Core Courses 39 Credit hours
Elective Courses 21 Credit hours
Thesis 06 Credit hours
Total 66 Credit hours

Semester Wise Breakup of Courses

Semester 1

 

S.No

 

Course
Credits
ECON 511 Microeconomics Theory and Applications
4
ECON 512 Statistics for Economists
 
3
ECON 513 Mathematics for Economists
 
3
ECON 514 Financial Accounting & Business Finance
3
ECON 515 Computer Applications 2
    15

Semester 2

 

S.No

 

Course
Credits
ECON 521
 
Microeconomics Theory and Applications
4
ECON 522
 
Econometrics Methods
3
ECON 523 Contemporary Economic Issues in Pakistan
2
ECON 524 Research Methodology 
3
ECON 525
Elective-I
3
    15

Semester 3

 

S.No

 

Course Credits
ECON 531 International Finance
3
ECON 532
 
Economic Development &Growth
3
ECON 533 Elective-II
3
ECON 534 Elective-III
3
ECON 535 Elective-IV
3
    15

Semester 4

 

S.No

 

Course Credits
ECON 541 Economics of Globalization
3
ECON 542 Public sector Economics
3
ECON 543 Elective-V
3
ECON 544 Elective-VI
3
ECON 545 Elective-VII
3
    15

List of Electives

1. Cost Benefit Analysis
2. Poverty & Sustainable Development
3. Industrial Economics & Public Policy
4. Urban Economics
5. Agricultural Economics
6. Business Economics
7. Islamic Economics & Finance
8. Management Accounting
9. Financial Management
10. Financial Markets & Institutions
11. Project Planning
12. Marketing of Financial Services
13. Corporate Finance
14. Investment Analysis
15. Investment & Portfolio Management
16. Credit Management in Banks
17. Small Business Finance