Program Objectives

MS in Economics is designed to provide a solid background in theory, quantitative methods, and applications appropriate to the needs of economists involved in private and public sectors policy planning, analysis, and forecasting. IMSciences offers a full-time one and a half year MS in Economics. Emphasis is placed on sound training in economic theory, the acquisition of analytical and research skills, and development of a broad knowledge of macro and microeconomics problems. Being a research oriented degree, it provides an opportunity to the successful students to extend their MS dissertation to the PhD level.

Eligibility for Admission

B.Sc. Economics with a 3.0 CGPA or MSc Economics, MSc Applied Economics with a 3.0 CGPA (with a minimum of 130 credit hours in Bachelors and 60 credit hours in the Master program) or 60% aggregate marks in annual system from any HEC recognized University/Institute. Qualifying the NTS-GAT general test/Institute’s own test or any other test required by the HEC with 50% marks and interview is mandatory for admission.

Degree Requirements

A student admitted to the MS Economics program will be required to complete 24 credit hours of course work along with a minimum of 6 credit hours of research work/thesis

Scheme of Courses

No. of Semester 03
Course work 24 Credit Hours
Thesis 06 Credit Hours
Total Credit Hours 30 Credit Hours

Semester Wise Breakup of Courses

Semester 1

Course Code Course Title Credit Hours
ECON 711 Advanced Micro Economics I
ECON 712 Advanced Macro Economics I 3
ECON 713 Mathematical Statistics & Linear Algebra 3
ECON 714 Economic Research Methods 3

Semester 2

Course Code Course Title
Credit Hours
ECON 721 Advanced Micro Economics II 3
ECON 722 Advanced Macro Economics II 3
ECON 723 Applied Econometric Methods 3
ECON Elective I 3

Semester 3

ECON 731 Research Dissertation 6