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PhD Economics

Program Objectives

The primary objective of the PhD in Economics is to educate students as research economists. In the process, students also acquire the background and skills necessary for careers as university teachers and as practitioners of economics. The curriculum includes a comprehensive treatment of modern theory and empirical techniques. Students are exposed to a broad range of applied fields and select specializations. The typical student can expect to spend two full years completing the required course work. The remaining time in the program is usually spent engaging in dissertation research and participating in seminars.

IMSciences highly emphasizes on quality of the PhD programs for which the finest resource persons in academia are engaged and deep impacted research with learning and independence in class rooms is practiced. Our PhD program prepares students to make significant contributions in the field of applied economics. PhD in Economics at IMSciences builds the career of the students and gets them employed in the private sector and as economic analysts in different businesses, consultants to financial institutions, and applied research firms. They may also find career opportunities in international organizations such as the World Bank and the IMF as well as government and non-government organizations and universities.

Eligibility for Admission

MS/ M-Phil (with thesis) economics degree (18 year of education) with consistently good academic record and minimum of 60% marks in the annual system or CGPA of 3.0 out of 4.00 in the semester system.

  • Candidates who have done MS/ M-Phil without thesis may be considered for admission in the PhD program if they submit either a published paper in an HEC recognized journal as a principal author or conduct a research thesis equivalent to 6 credit hours.
  • A minimum of 60% marks in the GAT- subject test conducted by the National Testing Service (NTS). All candidates seeking admission to the PhD program are required to provide the GAT-Subject score.

Program Structure

A student admitted to the PhD program will be required to complete 18 credit hours of course work and 36 credit hours of research work culminating in a thesis. A number of non-credit research seminars will be the part of the program to significantly improve the research capacity of the scholars. The minimum period for completion of the PhD program will be 3 years, whereas, the maximum period will be 6 years.
The scheme of the courses and the semester wise breakup of the PhD program are given below:

Course work 18 Credit Hours
Thesis 36 Credit Hours
Total Credit Hours for the PhD Program 54 Credit Hours

PhD Credits Transfer

A candidate can transfer his/her credits from an HEC recognized University/Institute under the following conditions:

  • None of the aforementioned conditions of eligibility criteria are violated.
  • A Supervisor at the institute recommends the admission of the candidate
  • The previous University/Institute of the candidate has no objection over the credit transfer.
  • In case of a PhD Economics transfer, the number of credits already completed by the candidate in the previous
  • University/Institute may be accepted on as-it-is basis provided the accepting supervisor agrees to it

Semester Wise Breakup of Courses

Semester 1

Code Course Credits
ECON 811 Advanced Micro Economics 3
ECON 812 Advanced Macro Economics 3
ECON 813 Advanced Research Methods Economic 3
  total 9

Semester 2

Code Course Credits
ECON 821 Advanced Econometrics 3
ECON 822 Environmental Economics 3
ECON 823 Contemporary Issues in Development Economics 3
  Thesis 36
  Total Credit hours 54