BS Economics & Mathematics
BS (Economics and Mathematics) is a 4-year degree program with double majors in economics and mathematics. It is designed to give students a solid foundation in both economics and mathematics. The program provides a well coordinated curriculum for students interested in pursuing masters or PhD in economics and mathematics. It prepares the students for entry level positions in private and public sector corporations, banks, insurance companies, investment companies, education and research organizations. The program consists of 150 credit hours. Major disciplines of economics and mathematics have 54 credit hours each. The remaining 42 credits are for university core courses and courses from other disciplines like social sciences, management and accounting. The wide range of courses offered in this program give students ample opportunity to broaden their knowledge base. The economics research project in the fourth year enables students to apply the quantitative tools learnt in the program to real economics and financial problems in the public and private sectors.
ADMISSION REQUIREMENT
BS applicants must possess a mathematical background. Applicants must have completed their:
Higher Secondary School Certificate (Pre-Engineering or General Group with Mathematics) with a minimum of 60% marks
OR
'A' Levels with a minimum of 1 'B' and 2 'C's in 3 principal subjects (including Mathematics) such that there should be no grade less than 'C' across the 3 principal subjects.
OR
American / Canadian High School Diploma with a minimum of 80% or an International Baccalaureate with at least 24 points out of 45. All other degree holders must provide an equivalency certificate from IBCC.
CONTACT INFORMATION
For any queries regarding the program, please contact:
Phone: (+92-21) 38104700
CURRICULUM STRUCTURE
Duration: 4 years
Semesters: 8
Courses: 40
Research Project: 1
Total Credit Hours: 128
Required Courses
Section |
Course category |
Courses |
Credit Hours |
A |
University Core Courses |
4 |
12 |
B |
Economics core courses |
11 |
35 |
C |
Economics Electives |
2 |
6 |
D |
Mathematics core coursesd |
11 |
35 |
E |
Mathematics electives |
2 |
6 |
F |
Non-specialization courses (core-6 & electives-4) |
10 |
30 |
G |
Research Project in Economics or Mathematics (core) |
1 |
4 |
Total Courses |
41 |
128 |
A. University Core Courses
Course Title |
Course Code |
Total Credit Hours |
English Grammar and Composition |
SSC101 |
3 |
Pakistan History | SSC151 |
3 |
Speech Communication |
HUM357 |
3 |
Socioeconomic Philosophy of Islam or Philosophy, Logic and Ethics* |
SSC301/HUM357 |
3 |
*All Muslim students are required to register for SEPI.
Non-Muslim students may take either SEPI or PLE.
B. Economics core sourses
Course Title |
Course Code |
Credit Hours |
Pre-requisite |
Principles of Microeconomics |
ECO103 |
3 |
- |
Principles of Macroeconomics |
ECO104 |
3 |
- |
Intermediate Microeconomics |
ECO201 |
3 |
ECO103, MTS101 |
Intermediate Macroeconomics |
ECO202 |
3 |
ECO104, MTS101 |
Development Economics I |
ECO203 |
3 |
ECO103, ECO104 |
Microeconomic Theory |
ECO312 |
3 |
ECO201 |
Macroeconomic Theory |
ECO313 |
3 |
ECO202 |
Applied Econometrics I |
ECO343 |
4 |
MTS202 |
Applied Econometrics II | ECO344 | 4 | ECO341 |
Research Methods for Economics | ECO411 | 3 | ECO303 |
International Trade or International Economics | ECO466/ECO305 | 3 | ECO103, ECO104 |
Economics Elective I | ECO- | 3 | - |
Economics Elective II | ECO- | 3 | - |
C. Economics electives (2 to be selected from the following list)
Course Title |
Course Code |
Credit Hours |
Pre-requisite |
Public Economics |
ECO401/ECO567 | 3 | ECO103, ECO104/ECO531, ECO532 & ECO533 |
Public Finance | ECO451 | 3 | ECO103, ECO104 |
Monetary Economics | ECO452/ECO566 | 3 | ECO103, ECO104 |
Time Series Econometrics | ECO457 | 3 | MTS202 |
Climate Change Economics | ECO458/ECO551 | 3 | ECO103, ECO104 |
Natural Resource and Environmental Economics | ECO461 | 3 | ECO103, ECO104 |
Game Theory/Game Theory & Competitive Strategy | ECO464/ECO573 | 3 | ECO103, ECO104 |
Health Economics | ECO471/ECO563 | 3 | ECO103, ECO104 |
Labour Economics | ECO472 | 3 | ECO103, ECO104 |
Economic Forecasting | ECO555 | 3 | ECO537 |
Public Policy Analysis: Theory and Practice | ECO560 | 3 | ECO531/501/102 /104 /103/113 |
Environmental and Resource Economics | ECO561 | 3 | ECO531, ECO533 |
Financial Economics | ECO562 | 3 | ECO531, ECO533 |
Time Series Modeling | ECO570 | 3 | ECO537 |
Industrial Economics | ECO571 | 3 | ECO631 |
Water Economics and Policy | ECO574 | 3 | - |
Microeconomics for Policy Analysis | ECO575 | 3 | ECO531/301/312/501 |
Social Impact Evaluation | ECO577 | 3 | - |
Contemporary Issues in Global Economics | ECO404 | 3 | ECO103, ECO104 |
History of Economic Thought | ECO467 | 3 | ECO103, ECO104 |
Development Economics II | ECO302 | 3 | ECO103, ECO104 |
Major Issues in Pakistan Economy | ECO403 | 3 | ECO103, ECO104 |
D. Mathematics core course
Course Title |
Course Code |
Credit Hours |
Pre-requisite |
Calculus-I with Plane Geometry | MTS101 | 3 | - |
Discrete Mathematics | MTS211 | 3 | - |
Calculus-II with Solid Geometry | MTS232 | 3 | MTS101 |
Linear Algebra | MTS203 | 3 | - |
Introduction to Differential Equations | MTS241 | 3 | MTS101 |
Multivariable Calculus | MTS242 | 4 | MTS232 |
Partial Differential Equations | MTS436 | 3 | MTS241 |
Optimization Techniques | MTS330 | 3 | MTS203 |
Stochastic Process | MTS304 | 3 | MTS231 |
Probability & Statistical Models | MTS430 | 3 | MTS231 |
Real Analysis I | MTS341 | 4 | MTS232 |
Mathematics elective I | MTS- | 3 | - |
Mathematics elective II | MTS- | 3 | - |
1. “Multivariable Calculus (MTS242)” could be counted in
place of “Calculus III (MTS204)” but vice-versa is not
applicable.
2. “Partial Differential Equations (MTS436) is equivalent to
“Advance Differential Equations (MTS303)”.
3. “Real Analysis I (MTS341) could be counted in place of
“Real Analysis (MTS301)” but vice-versa is not applicable.
E. Mathematics electives (2 to be selected from the following list)
Course Title |
Course Code |
Credit Hours |
Pre-requisite |
Abstract Algebra I | MTS305 | 3 | MTS203 |
Abstract Algebra II | MTS413 | 3 | MTS305 |
Complex Analysis | MTS302 | 3 | MTS341 |
Functional Analysis I | MTS411 | 3 | MTS341 |
Functional Analysis II | MTS412 | 3 | MTS411 |
Numerical Analysis | MTS306 | 3 | MTS232 |
Topology I | MTS451 | 3 | MTS341 |
Numerical Solutions of PDE | MTS431 | 3 | MTS414 |
Integral Equations | MTS432 | 3 | MTS303 |
Advanced Numerical Analysis I | MTS433 | 3 | MTS414 |
Advanced Numerical Analysis II | MTS434 | 3 | MTS433 |
Differential Geometry | MTS435 | 3 | MTS204, MTS203 |
Fluid Dynamics I | MTS437 | 3 | - |
Fluid Dynamics II | MTS438 | 3 | - |
Financial Mathematics with a computational approach | MTS441 | 3 | - |
Computational Finance | MTS442 | 3 | - |
Modern Algebra I (Galios Theory & Applications) | MTS443 | 3 | MTS413 |
Modern Algebra II (Commutative Rings & Fields) | MTS444 | 3 | MTS413 |
Measure Theory I | MTS445 | 3 | - |
Measure Theory II | MTS446 | 3 | - |
Operations Research I | MTS447 | 3 | - |
Operations Research II | MTS448 | 3 | - |
Scientific Computing for Linear PDE’s | MTS414 | 3 | MTS413 |
Intoduction to Differential Topology | MTS452 | 3 | MTS451 |
Financial Engineering | MTS453 | 3 | MTS441 |
F. Non-specialization courses
Course Title |
Course Code |
Total Credit Hours |
Pre-requisite |
Introduction to Statistics | MTS102 | 3 | MTS105 |
Statistical Inference | MTS202 | 3 | MTS102 |
Probability Theory1 | MTS231 | 3 | MTS102 |
Essential Software | MTS111 | 3 | - |
Foundations of Data Science | CSE- | 3 | - |
Introduction to Acadamic Writing | SSC- | 3 | - |
Non-specialization elective-I | - | 3 | - |
Non-specialization elective-II | - | 3 | - |
Non-specialization elective-III | - | 3 | - |
Non-specialization elective-IV | - | 3 | - |
1 “Probability Theory (MTS231) is
equivalent to “Applied Probability Theory (MTS112)”.
Non-specialization electives: Four courses are to
be chosen from courses other than Mathematics and Economics.
These non-specialization electives may be from different
subject areas
including Accounting, Finance, Marketing, Management, Social
Sciences and Liberal Arts, Computer Sciences, or any other
field.
G. Research project
Course Title |
Course Code |
Total Credit Hours |
Pre-requisite |
Economics Research Project or Mathematics Research Project* | ECO441/MTS471 | 4 | - |
*Students can take either ECO441 or MTS471.