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) degree or 18 years of education in a subject relevant to the field of study with consistently good academic record and a minimum of 60% marks in the annual system or CGPA of 3.0 out of 4.00 in the semester system. 60% marks in GAT subject Test/ Institute’s own test or any other test required by the HEC. Registrations are offered in the PhD programs throughout the year.
Students who have done MS without thesis may be considered for admission in the PhD program, if he/ she has published a research paper in HEC recognized journal as a principal author.

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 8 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

Semester Wise Breakup of Courses

Semester 1

Code Course Credits
ECON 811 Philosophy of Science 3
ECON 812 Critical Review of the Literature 3
ECON 822 Elective I 3
total 9

Semester 2

Code Course Credits
ECON 13 Advanced Research Methods 3
ECON 822 Advanced Econometrics 3
ECON 823 Elective II 3
Thesis 36
Total Credit hours 54